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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
Robertson: BMW to soon expand online car sales to other countries
April 17, 2016 | 11:57pm CEToriginalResults of BMW Retail Online in the UK in the early months, functional support of BMW Genius specialists, the timing of the expansion...
read moreTukas Group recorded several personnel changes in management
April 17, 2016 | 11:48pm CEToriginalThey concern the entire group and the leasing company TT-Complex. The affected managers and positions...
read moreMarchionne continues to strive for FCA mega-merger with another large automaker
April 17, 2016 | 11:42pm CEToriginalFiat Chrysler Automobiles is burdened with one of the highest debts in the automotive industry and its European division achieves a slight profit. Options…
read moreGE Capital appointed new head of leasing division in Czech Rep
April 14, 2016 | 11:36pm CEToriginalHe is a manager of Raiffeisen, who has experience from several international companies. The former and new Managing Director of GE Money Leasing...
read moreBarthes: Most Nissan dealers in Central Europe to have EV license by 2017
April 14, 2016 | 11:28pm CEToriginalThe current situation in Hungary, Poland, Czech Republic and Slovakia, Leaf 30 kWh with longer range, warranty, pricing, financing, sales results in 2015...
read moreTesla has first recall on Model X
April 13, 2016 | 11:14pm CEToriginalDetails of the problem, manifesting after stress tests in the EU, the affected component and its supplier, the number of cars, correction details...
read morePSA reduces financial activities in Eastern Europe
April 13, 2016 | 01:09am CEToriginalBy contrast, it is creating joint ventures in Western Europe. The affected countries and partners, sale of Banque PSA Finance branches in the Czech Republic and Slovakia, timing...
read morePSA tranfers distribution to private importers in some countries in Europe
April 13, 2016 | 12:55am CEToriginalAffected countries including the Czech Republic and Slovakia, new distribution partners and their profile, timing, HR...
read moreYanfeng Automotive Interiors to build second plant in Czech Rep
April 12, 2016 | 03:05am CEToriginalLocation, size, HR, timing, products, recruitment for the 91st plant of a joint venture between Johnson Controls and SAIC, the expansion of the first Czech factory in Zatec, clients, management…
read moreManagement and unions of Volkswagen to develop joint strategy
April 11, 2016 | 11:31pm CEToriginalThe package of measures aiming to maintain production and employment in Germany, discussion regarding compensation for managers…
read moreJahn (AutoSAP): Automakers and suppliers in Czech Rep prepare national fair of passenger and commercial vehicles
April 10, 2016 | 11:57pm CEToriginalA new concept, location, timing, partners, previous exhibitions Autosalon and Autotec joined together, several-year-long outage...
read moreForests of the Czech Republic to expand fleet, to reduce the use of private vehicles
April 10, 2016 | 11:47pm CEToriginalProfile of the fleet, delivery of Skoda and VW vehicles in 2015, prices, renewal plan by 2018, the upcoming tenders for 2016 not only for their own use...
read moreAutoNaOperak.cz: Another operating lease broker arose in Czech Rep
April 10, 2016 | 11:38pm CEToriginalThe author of the project, offered and upcoming car brands, partners, the offer of new and stock cars, the length of a long-term lease...
read moreDieselgate: One third of German countries ask for increase in excise tax on diesel
April 10, 2016 | 11:25pm CEToriginalFurthermore, they demand speed reduction in cities and quotas on EVs for automakers. The federal countries concerned, the current fuel tax in Germany and the Czech Republic...
read moreSkoda Auto further increased offer on wages
April 8, 2016 | 01:21am CEToriginalDraft by the carmaker, negative reactions of unions, request to the Ministry of Labour and Social Affairs to establish an intermediary, comments by both sides...
read moreAuto1.com traded over 150,000 used cars in 2015
April 7, 2016 | 02:49am CEToriginalProfile of the wholesale e-shop, B2B clients, logistics and financial partners, storage, app, purchase without risk, founders and investors of the start-up, international expansion, branch for the Czech Republic and Slovakia...
read moreCzech Rep aims to attract more automotive companies from USA
April 7, 2016 | 12:37am CEToriginalThe tour of CzechInvest, locations (motor show, congress), timing, microsite CzechAutomotive.org, the delegation participants, investments by US firms in 2015...
read moreNew Nissan dealership opened in Czech Rep
April 7, 2016 | 12:22am CEToriginalLocation, company and its other activities, size of the showroom, certification for electric cars, website, previous dealer in the city...
read moreLouda Auto chose brands for its new branch in Czech Rep
April 6, 2016 | 02:39am CEToriginalLocation, the brands concerned, HR, scheduled opening of the showrooms, dealer situation in the region...
read moreCar Importers Association chose new secretary
April 5, 2016 | 11:47pm CEToriginalThe position in the Czech association of distributors of motor vehicles has been held by Pavel Tunkl for more than 15 years. Successor and his profile, timing...
read moreFairfax bought QBE activities in Eastern Europe
April 5, 2016 | 11:39pm CEToriginalThey will be included in the new non-life insurance Colonnade Insurance. The countries concerned, management, timing, products, HR, business size, transfer of contracts, advisor in the transaction, websites...
read moreThird trade union founded in Czech plant of Toyota and PSA
April 5, 2016 | 11:22pm CEToriginalIts name and objectives, the ongoing discussions between TPCA representatives and trade unions, the extension of the collective agreement by one month...
read moreNew owner completed restructuring of Auto Charouz Group
April 4, 2016 | 11:26pm CEToriginalThe new brand Corson, renaming of some companies, the closure of some dealerships, the brand for used cars, separation of some companies, management, websites, results in 2015...
read moreDaimler Buses wants to expand production in Czech Rep
April 4, 2016 | 11:12pm CEToriginalLocation, two investing stages, construction of several buildings, new lines, talks about land, the current profile of EvoBus Holysov plant…
read moreSkoda Auto unions want to change tariff scale and shorter working week
April 3, 2016 | 11:49pm CEToriginalDetails of the request, the expiration of the existing wage agreement, subsequent negotiations with the mediator, the threat of strikes...
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):...
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...
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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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