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SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad Soden near Frankfurt, Germany, to produce and supply green hydrogen and provide fuel cell electric vehicles (public buses, trucks, taxis, port cargo handling equipment) in Europe. Toyota Tsusho already has experience in hydrogen business, including operation of hydrogen stations in Japan (Atsuta/Nagoya, Tsutsumi/Miyoshi) and initiatives to convert port machinery to FCEVs in USA (Port of Los Angeles, California)
November 28, 2024 | 11:57am CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,968,000 (+3.4%) to 1,942,000 (+2.1%), of which battery electric vehicles (BEVs) from 364,000 (+15.6%) to 363,000 (+15.4%), and 2025 forecast from 2,029,000 to 1,977,000, of which BEVs from 480,000 to 464,000. Simultaneously, association published its first estimate for 2026 at 2,049,000 cars, of which 585,000 BEVs
November 28, 2024 | 11:47am CETflashread more
MNC Auto (Milan Král Holding/Group; Ford, Opel car, van dealer in České Budějovice, Czechia; revenues of CZK 282 million/EUR 11.2 million in 2023) closed Opel dealership (service remained). In released showroom, company opened AutoProTebe (Auto.pro.tebe, Car.for.you) used car shop, importing nearly-new vehicles from Germany and Netherlands
November 27, 2024 | 10:56am CETflashread more
AutoSAP: 20,472 (passenger) electric vehicles produced in Czechia in October (-12.9%; 15,548 battery electric vehicles, -3%, 4,924 plug-in hybrids, -34.2%), of which 20,460 cars (-13%; Škoda: 13,175 BEVs, +17.8%, 2,880 PHEVs, -40.5%; Hyundai: 2,361 BEVs, -51.3%, 2,044 PHEVs, -22.5%) and 12 buses (SOR: 2 BEVs; Škoda Electric: 0 BEVs; Iveco: 10 BEVs)
November 27, 2024 | 10:42am CETflashread more
Coface CEE Top 500 Ranking 2024: Automotive and transport industry (90 largest firms, +18 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 16.8% to EUR 193 billion in 2023 (2022: EUR 165 billion), but number of employees decreased by 0.3% to 405,600. Largest companies in sector include Škoda Auto (EUR 23.45 billion, +31%; 34,884 people, -1%), Volkswagen Slovakia (EUR 11.76 billion, +21%; 10,566, -3%), Audi Hungaria (EUR 9.1 billion, +8%; 12,766, -1%), Kia Slovakia (EUR 8.01 billion, +19%; 3,607, +1%), Hyundai Motor Manufacturing Czech (EUR 7.64 billion, +13%; 2,852, +5%), Volkswagen Poznań (EUR 5.74 billion, +14%; 9,824, +4%), Automobile-Dacia/Renault (EUR 5.23 billion, +1%; 11,457, -6%), Mercedes-Benz Manufacturing Hungary (EUR 5.08 billion, +28%; 4,765, -1%), Toyota Central Europe (EUR 4.94 billion, +30%; 107, -4 %), Volkswagen Group Polska (EUR 4.93 billion, +35%; 644, +4%), FCA Poland/Stellantis (EUR 3.54 billion, +33%; 2,326, +5%), MAN Trucks Sp. z o.o. (EUR 3.41 billion, +68%; 2,245, +48%), PCA Slovakia (EUR 3.28 billion, -10%; 3,072, -13%), Toyota Motor Manufacturing Czech Republic (EUR 2.98 billion, -5%; 3,228, -9%), Magyar Suzuki (EUR 2.87 billion, +34%; 2,937, +3%), Continental Barum (EUR 2.85 billion, +0%; 4,374, +1%), Ford Otosan Romania (EUR 2.75 billion, -2%; 5,581, +0%), Mercedes-Benz Manufacturing Poland (EUR 2.62 billion, +24%; 1,384, +4%), PKP Polskie Linie Kolejowe (EUR 2.59 billion, +17%; 41,415, -1%), Mobis Automotive Czech (EUR 2.53 billion, +35%; 1,485, +16%), Polskie Linie Lotnicze LOT (EUR 2.33 billion, +22%; 1,240, -3%), Mercedes-Benz Polska (EUR 2.09 billion, +21%; 158, +0%), Mobis Slovakia (EUR 1.98 billion, +10%; 2,136, -0%), Continental Automotive Czech Republic (EUR 1.89 billion, +2%; 5,042, -17%), Volkswagen Motor Polska (EUR 1.88 billion, +33%; 1,254, +2%), BMW Vertriebs GmbH Sp. z o.o. Oddział w Polsce (EUR 1.67 billion, +14%; 74, -4%), Robert Bosch SRL (EUR 1.64 billion, +16%; 5,875, +13%) and other firms of Volvo, Scania/Traton, Porsche/Volkswagen, Iveco/CNH, Solaris/CAF, Michelin, Autoliv, ZF, Tigar Tyres, Motherson, Valeo, Sungwoo, Schaeffler, BorgWarner, Faurecia/Forvia, Pirelli, Auto Partner, Hankook, Lear, Brembo, Adient, Denso, České dráhy, PKP Intercity, Raben, DPP, Amazon, Arcturus, Havi, Tallink, Wielton, Plichta, Waberer’s groups. High labour costs encourage businesses to be more open to automatization, robotization and higher productivity levels that come with this, Coface said
November 25, 2024 | 11:34am CETflashread more
ACEA: New car registrations in EU up by 1.1% in October (Volkswagen +12.6%; Stellantis -16.7%; Renault -0.4%; Hyundai -7.5%; Toyota +13.7%; BMW +0.8%; Mercedes-Benz +2.6%; Ford -13.6%; Volvo Cars +22.5%; Nissan -8%; Tesla -23.1%; SAIC -10%; Suzuki -10.5%; Mazda -12.8%; Jaguar Land Rover -22.1%; Honda -10.4%; Mitsubishi +8.6%), individual fuel/power types successful differently (BEV -4.9%, PHEV -7.9%, HEV+MHEV +19.8%, FCEV+NGV/CNG+LPG+biofuel/ethanol +2.5%, petrol -4.7%, diesel -10.8%)
November 25, 2024 | 11:25am CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 1.9% to 251,442 units (168,618 BEVs, +7%; 82,824 PHEVs, -7%) in October, representing 24.2% share in total registrations (penetration, +0.5pp). Škoda Enyaq (9,977 cars, +44%) was best-selling battery electric vehicle (BEV), followed by Tesla Model Y (8,795, -18%), Volkswagen ID.4 (6,894, +24%), Volvo EX30 (5,360, new) and VW ID.7 (5,330, new). Volvo XC60 (5,881, +57%) was best-selling plug-in hybrid (PHEV), followed by BMW X1 (4,619, +68%), VW Tiguan (4,181, +113%), Ford Kuga (3,298, -29%) and BMW X5 (2,377, +50%)
November 22, 2024 | 11:59am CETflashread more
Industry 4.0 in Practice 2024: National Industry Center 4.0 (NCP 4.0) to hold conference on cutting-edge projects for implementation of Industry 4.0 in Prague, Czechia on December 5 with tour of RICAIP Testbed Prague. Representatives of Škoda Auto, Forvia Hella, Maxion Wheels Czech, Vítkovice Cylinders, Partory Group, Spinbotics, Kinalisoft, SP ČR (Confederation of Industry and Transport of Czech Republic), ČSPÚ (Czech Maintenance Society), VŠB-TU to speak at event
November 22, 2024 | 11:47am CETflashread more
Volkswagen to close Audi plant in Brussels, Belgium (Q8 e-Tron, Q8 Sportback e-Tron; 596,570 sqm; 3,000 employees; 2023: 53,555 BEVs produced) by February 28, 2025, moving production to Mexico (San José Chiapa, Puebla; Q5; 460 hectares; 5,350 employees; 2023: 175,626 SUVs produced). Carmaker offered factory for sale, but none of 26 potential investors (Chinese automakers, commercial vehicle manufacturer) made decision. In June, Audi and Puebla state government said that carmaker to invest EUR 1 billion in electric vehicle projects in Puebla, creating 500 new jobs
November 22, 2024 | 11:41am CETflashread more
JATO Dynamics: Dacia Sandero (21,740 registered vehicles, -3%) was best-selling car in Europe (28 countries) in October, followed by Peugeot 208 (20,389, +40%), Volkswagen Tiguan (17,368, +72%), Renault Clio (16,987, +10%), Toyota Yaris Cross (16,542, +7%), VW Golf (16,455, +34%), Toyota Yaris (15,977, +46%), Kia Sportage (14,677, +8%), VW T-Roc (14,385, +8%) and Škoda Octavia (14,372, +16%). Overall market down by 0.1% to 1.04 million, led by Volkswagen, Toyota, Škoda, BMW, Mercedes, Peugeot, Renault, Audi, Dacia and Kia
November 21, 2024 | 03:47pm CETflashread more
European Hydrogen Week 2024: Representatives of Accelera by Cummins, ACEA, Air Liquide, Battolyser Systems, BloombergNEF, Clean Hydrogen Partnership, Dekra, Deloitte, DG MOVE, EBRD, Engie, EC (European Commission), EP (European Parliament), Greenlyte Carbon Technologies, Hydrogen Europe, Hypermotive, Hyvia, Iveco Bus, Linde, Orlen, Robert Bosch, ThyssenKrupp Nucera, Toyota Motor Europe, TÜV Nord, Uniper to speak at conference on hydrogen trends, technologies, projects in Brussels, Belgium (November 18-22)
November 21, 2024 | 03:36pm CETflashread more
Zebra Group (manufacturer of diesel, electric municipal vehicles with 25 employees in Prague and Hradec Králové, Czechia; over 850 vehicles produced for more than 330 customers since 2014; turnover of CZK 49 million/EUR 1.9 million in FY 2023) started to use financing from Venture Club (280-member investor club based in Prague, which in acquired 18% stake in Zebra Group for CZK 30 million/EUR 1.2 million in 2021-2022) in form of factoring of Zebra vehicle orders. From February to September, 25 vehicles financed through it, bringing total investment to almost CZK 50 million (EUR 2 million). Amounts for first 6 vehicles produced have also been successfully paid back to investors with fixed interest rate of 12-15%
November 20, 2024 | 01:58pm CETflashread more
Changes
Skoda Auto plans Fabia’s production slump and dismissals
September 7, 2009 | 03:47pm CEToriginalThe production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...
read moreGeneral Motors to restore production in Venezuela after three months
September 7, 2009 | 02:51pm CEToriginalThe government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...
read moreDaimler and Porsche plan working hours’ reduction this year
September 7, 2009 | 11:22am CEToriginalDaimler plans to proceed to shorter working hours in Q4 again. By the end of the year, Porsche plans to suspend production in its factory in...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreAutobond expands to further city in Czech Rep
September 6, 2009 | 11:42pm CEToriginalAfter a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
read moreGeneral Motors possibly not to sell German carmaker Opel
September 6, 2009 | 10:25pm CEToriginalGM is therefore intending to prevent the Opel technology falling into the Russian hands. The head of GM Europe did not exclude it, according to him it is also possible that the winner will be...
read moreNorwegian company Hydro Aluminum not to produce car bumpers in Domazlice
September 6, 2009 | 09:35pm CEToriginalThe reason is a bankruptcy of developer of the building, Immo Industry. Hydro is now looking for a new production area in the Czech Republic. It might be clear by the end...
read moreSmith Electric to offer electric vehicles Avia also in Central Europe including Czech Rep
September 6, 2009 | 08:59pm CEToriginalThe light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...
read moreSeveral carmakers willing to have Bob Dylan’s voice in navigations of their cars
September 5, 2009 | 02:50pm CEToriginalHe would therefore follow the British actor John Cleese, American actress Kim Cattrall, the cartoon character Homer Simpson, but also the Czech actor...
read moreRich people prefer to enter luxury car club instead of purchasing exclusive car these days
September 5, 2009 | 01:56pm CEToriginalThey thus save up for buying new cars, their alternation, service and other functional things. The Australian club Supercar…
read moreCar sales in USA rose in August, first time since October 2007
September 5, 2009 | 12:22pm CEToriginalAsian carmakers and Ford profited from the growth the most due to their efficient models. In September and the following months, analysts and carmakers expect...
read moreQatar already acquired shares in Porsche SE and Volkswagen
September 4, 2009 | 06:15pm CEToriginalRights for a purchase of 6.96% of the Volkswagen shares are owned by one of Qatar's financial advisors in this transaction, Swiss company...
read moreHyundai's Nosovice-based plant shut down employment office in Ostrava along with initiating second shift
September 4, 2009 | 05:52pm CEToriginalThe office could be restored before recruitment of workers for a third shift in 2011 which should begin with 3,400 employees. Currently, the carmaker employs…
read morePassenger car sales in France and Spain boosted up by scrap bonuses in August
September 4, 2009 | 05:20pm CEToriginalCar sales went up by 7% y/y in France in August; after previous 16-month drops in a row the sales in Spain…
read moreDirect Pojistovna wants to increase number of clients more than fivefold in Czech Rep by 2013
September 4, 2009 | 01:12pm CEToriginalThe insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…
read moreGeneral Motors seeks help for Opel also from governments of Spain, Britain and Poland
September 4, 2009 | 11:28am CEToriginalSo far, the German government has been the only one to offer a loan to the new owner. Comprehensive support from these three states should reach the volume...
read moreGeneral Motors further expands in China, now in production of commercial vehicles
September 3, 2009 | 08:00pm CEToriginalGM will set up a joint venture with a local carmaker FAW, which is going to integrate two existing FAW plants and one newly built. Moreover, GM is interested in a share in other joint venture...
read moreHonda to develop electric car, introducing it on US market first
September 3, 2009 | 06:23pm CEToriginalIt will be a small car, whose prototype might be introduced during this year. However, Honda plans to introduce it o the market in...
read moreEmployees of Volkswagen Group want minority share in company
September 3, 2009 | 05:26pm CEToriginalTrade unions of the carmakers Volkswagen and Porsche, which will become parts of one group according to an agreement concluded in August, would put up with a share…
read moreCzech company Ydun developed lead-free starter battery first off in the world
September 3, 2009 | 04:10pm CEToriginalThe battery meets all requirements of the EU directive from 2006 to which they have had an exception so far. The company wants to offer the product worldwide, and will launch it into market…
read moreProduction of model Hyundai i20 for European market to take place in Turkey as of May 2010
September 3, 2009 | 03:01pm CEToriginalEarlier, the Czech Republic or Slovakia were being considered as well. However, only some versions will be manufactured in the Izmit-based plant; the carmaker will invest there…
read moreNew car sales in Germany jumped by 28% in August
September 2, 2009 | 10:09pm CEToriginalScrap bonus helped the situation, but financial means for it have been exhausted today. State premium helped the Czech carmakers as well; Skoda Auto is now handling orders from...
read moreRHJ International has increased offer for Opel share
September 2, 2009 | 06:45pm CEToriginalBelgian investment company now offers EUR 300 million in cash instead of the original EUR 275 million for 50.1% share in Opel. At the same time, it reduced the guarantee demand...
read moreChina to reduce car parts’ import duties
September 2, 2009 | 03:16pm CEToriginalThe cancellation of increased duties will not reportedly contribute to the boosting of the car part import to China, but there would be an easier way to get on the Chinese market for components for...
read moreLisi Automotive to centralize production in Czech Rep to one location
September 1, 2009 | 11:07pm CEToriginalThe company therefore aims to save on transportation and administration. Lisi Automotive Form will build a new production hall in the current area in Cejc near Hodonin using investments...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
Hertsenberg: AutoBinck (Mitsubishi Motors, MG importer in Czechia, Slovakia) became...
AutoCare powered by CarGarantie: CarGarantie agreed to cooperate with Santander Consumer...
Constellium agreed with Renault Group to establish closed-loop recycling process for...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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