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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
Magna and General Motors supposedly agreed on purchase of share in Opel
August 14, 2009 | 10:02am CEToriginalThe agreement must be approved by management boards of GM and Magna and by trustee members with a controlling share of 65% in Opel after that. However, the competing interested subject RHJ is not out of play yet…
read moreAutomotive supplier Magna fell in loss in Q2
August 14, 2009 | 09:14am CEToriginalThe company’s revenues went down by 45%. Magna was hit by a fierce drop of car production, which fell by 49% in North America and in Europe by…
read morePorsche Inter Auto opened new Skoda showroom in Hradec Kralove
August 13, 2009 | 09:12pm CEToriginalNew complex for CZK 140 million will offer service facilities for brands Skoda, Audi, Volkswagen and Seat. Annually, the company would like to sell...
read moreUSA approved money increase of scrap bonus by USD 2 billion
August 13, 2009 | 07:56pm CEToriginalAccording to major carmakers, the current program helped not only to their companies but also to their suppliers, steel producers and...
read moreFiat to take over Italian body shell designer Bertone
August 13, 2009 | 02:20pm CEToriginalFiat is about to take over all 1,137 employees of the company, plans its co-operation with the US carmaker Chrysler and in the following three years, it will invest…
read moreVolkswagen wants to increase production in Brazil by 39% by 2012
August 13, 2009 | 01:35pm CEToriginalOn account of accomplishing the aim, Volkswagen requires that its suppliers in Brazil increase capacity and production. Production purchase of the carmaker should grow by…
read moreTrade unions and management of carmaker SsangYong agreed on dismissals
August 13, 2009 | 12:48pm CEToriginalNegotiations of management with trade unions accompanied by a strike lasted two and a half months. Another South Korean carmaker Hyundai is transferring production abroad due to trade unions…
read moreDenny: AAA Auto plans to build network of car services based on franchising
August 12, 2009 | 11:43pm CEToriginalOriginally, the company wanted to open commercial car services within its branches. AAA Auto is already involved in the car service field...
read moreA. Charouz keeps expanding on the Czech market
August 12, 2009 | 11:14pm CEToriginalIt would like to bring other brands that are not yet presented here to the Czech Republic. At the same time, the company is not against the acquisitions of failing dealers...
read moreFormer Toyota dealer Dajbych became Kia dealer
August 12, 2009 | 09:56pm CEToriginalAt the same time, the company Car Trade Pilsen ceased Kia car sale in Plzen. At present, the company offers its showroom for rent...
read moreAuto Kapl became new Hyundai dealer, opening showroom in Pisek
August 12, 2009 | 08:43pm CEToriginalThe company will in the newly built sales and service complex with two showrooms sell also cars of the brand...
read moreSkoFIN's total volume of business fell by 41 % in H1; rise is in loan financing
August 12, 2009 | 08:03pm CEToriginalTaking only the financing of used cars, the number of concluded contracts and the volume of business decreased in H1 by...
read moreToyota expanded Czech dealer network for new partner
August 12, 2009 | 07:16pm CEToriginalToyota has 12 authorized dealers with 22 showrooms in the Czech Republic at present. A new showroom has been opened in July by a company...
read moreGeneral Motors and eBay testing online car sale in California
August 12, 2009 | 06:35pm CEToriginalIf the pilot operation is effective, companies will launch the car sale via Internet throughout the United States. Initially, in the GM’s e-shop offer there will be...
read moreGerman car wrecks fit for scrapping apparently end in Eastern Europe and Africa
August 12, 2009 | 04:49pm CEToriginalAccording to the German criminologists, 5 to 10% of cars that should be scrapped had been illegally sold abroad. Resellers might therefore come to...
read moreNew car sales in Slovakia increased by 20.1% in July
August 11, 2009 | 05:13pm CEToriginalSale is still promoted by the scrap bonus. Cumulatively, the sale of cars up to 3.5 tonnes has since the beginning of the year increased y/y for the first time in 2009, namely by...
read moreStaff of Russian carmaker Avtovaz called for company’s nationalization
August 11, 2009 | 03:11pm CEToriginalThe company plans to reduce working hours to 20 per week from September and monthly wages of the employees are therefore going to fall by...
read moreCar sales in Britain rose in July for the first time in 15 months
August 11, 2009 | 02:35pm CEToriginalThe reason of this development is the introduction of scrap bonus. However, for the first seven months of this year sales declined by...
read moreImporters in countries with scrap bonus established buy up cars from other importers in Europe including Czech Rep
August 11, 2009 | 01:24pm CEToriginalIt refers to Germany in the first place; smaller markets thus suffer from it. Currently, for some cars, whose waiting time was two months, customers must wait…
read moreUS carmakers received USD 600 million from government for battery development
August 11, 2009 | 12:33pm CEToriginalThe money was received by the carmakers Ford Motor, Chrysler Group and General Motors, which will use it for planned electric cars and hybrids…
read moreSAP: Number of cars older than 10 years went up by 450,000 over last 3.5 years
August 11, 2009 | 11:22am CEToriginalRenewal of car fleet in the Czech Republic is not in progress, according to SAP, whereas common renewal in EU is 8 to 10% annually. Scrap bonus should be one of measures only…
read moreBMW to sell Mini cars in large cities and separate showrooms only
August 10, 2009 | 10:14pm CEToriginalAfter the Brno-based company Renocar another company is about to build a new Mini showroom, namely the current BMW dealer...
read moreDenny: AAA Auto not to open branch in Liberec this year, likely to enter Hungary again in 2010
August 10, 2009 | 09:56pm CEToriginalThe company closed two car centres in Q2—one in the Czech Republic and one in Slovakia. Considering Russia, AAA Auto…
read moreMinistry of Transport closed 16 stations measuring emissions in H1 due to frauds
August 10, 2009 | 08:43pm CEToriginalCheats occur during emission measuring more often than at vehicle testing stations. The central information system proved good but interconnection with…
read moreUniCredit Leasing: Financial leasing back in game due to legislation change
August 10, 2009 | 05:01pm CEToriginalAfter the company CSOB Leasing, short financial leasing is now being offered by UniCredit Leasing...
read more
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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):...
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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...
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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...
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Czech antitrust authority imposed fine on two car dealers for cartel
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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
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