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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
Daimler to invest hundreds of millions of euros in two locations in Europe
March 31, 2016 | 08:54pm CEToriginalCountries and locations, the amount of investments, allocation to production and R&D, the models concerned, HR, an agreement with the unions, cost savings, timing, cooperation of factories...
read moreJiri Kyncl left Automotive Industry Association
March 31, 2016 | 08:37pm CEToriginalHe worked in the Czech association of automakers, their suppliers and other entities for over 15 years. His next direction...
read moreSkoda Auto to enter joint venture of Volkswagen and SAIC in China
March 30, 2016 | 11:56pm CEToriginalPossible relation to Dieselgate, the investment amount, timing, model expansion, the sales outlook for the Czech brand in the Middle Kingdom...
read moreFord makes changes in production in Eastern Europe
March 30, 2016 | 11:43pm CEToriginalThey are related to two countries and two models. Related investments, the sales outlook of SUVs and AWD vehicles in Europe, analysis of IHS Automotive...
read moreA123 Systems to build factory in Europe, Czech Rep won
March 28, 2016 | 11:57pm CEToriginalLocation, reasons, capacity, products, timing, HR, cooperation with R&D centre in Germany, the assistance of CzechInvest, new orders for batteries, clients...
read moreMartin Jahn to lead Czech Automotive Industry Association for another two years
March 28, 2016 | 11:28pm CEToriginalHe was elected at the second attempt. The new director of the Secretariat became a lawyer. Changes in AutoSAP vice president posts...
read moreSkoda Auto further increased offer on wage growth
March 28, 2016 | 11:01pm CEToriginalThe automaker proposal, reaction of trade unions, an agreement in sub-paragraphs (a bonus for last year's results, contribution to the pension additional insurance), possible meeting with a mediator...
read moreDeloitte: Three quarters of automakers and suppliers in CEE to increase production by 2020
March 24, 2016 | 02:12am CEToriginalThe situation in the Czech Republic, the importance of Central Europe's 'Detroit', competitive advantages, threats, relocations of factories, country preferences for a new plant, HR, innovations, R&D, supplier-customer relations…
read moreAutomotive Industry Association to enhance external communication
March 23, 2016 | 11:31pm CEToriginalCzech association of vehicle manufacturers, their suppliers and other entities has chosen a PR agency. Its profile, the new Secretary of the AutoSAP...
read moreHE3DA found investor for production of li-ion batteries
March 22, 2016 | 11:57pm CEToriginalPlant for production lines in the Czech Republic, licensed production of patented batteries worldwide, the investment amount, timing, HR, troubles of the co-owner with the law...
read moreSkoda Auto increased offer on wage growth
March 21, 2016 | 11:30pm CEToriginalThe reaction of the trade union, approaching an agreement only in specific points, the threat of strikes...
read moreVolkswagen gained more from LeasePlan sale than expected
March 21, 2016 | 11:16pm CEToriginalReasons, the completion of the transaction, the current profile of the largest lessor of cars in the world...
read moreCzech government approved guarantees for Nexen Tire factory
March 21, 2016 | 10:50pm CEToriginalNow, the signing of a purchase agreement for the land will follow. Compensation to the Usti Region, timing, construction start...
read moreSkoda Auto reportedly planning first investment in China
March 21, 2016 | 03:08am CEToriginalReactions of the automaker, plans with partners, the volume and allocation of fund, the access to the joint venture, a plan of the Czech brand to increase sales in its biggest market...
read morePrague transport company cancelled tender for dozens of buses
March 21, 2016 | 02:48am CEToriginalReasons, size of the contract, the complaint of one eliminated candidate at antitrust authority, the testing of electric buses and Metrobuses...
read moreAutomakers in US agreed to introduce automatic braking
March 18, 2016 | 02:38am CEToriginalThe producers concerned, the timing for cars, vans and light trucks, accident statistics, criticism of the proponents of mandatory implementation of this technology...
read moreSkoda Auto operating profit in 2015 up by 12% with sales growth of 6.2%
March 17, 2016 | 11:55pm CEToriginalReasons, production, sales, profitability, investment, HR, the creation of reserves due to Dieselgate, partial application at Volkswagen...
read moreKia made changes in marketing in Czech Rep
March 17, 2016 | 11:11pm CEToriginalThe importer merged two departments, promoted one manager, while another leaves. Declared reasons, timing...
read moreKruger: BMW to slightly increase sales and profits in 2016
March 17, 2016 | 03:43am CEToriginalBusiness and financial results in 2015, fleet emissions, M and i-models, financing, DriveNow, HR, market risks, the 100-year company anniversary, the strategy for 2020/2025...
read moreRenault-Nissan and Rostec appointed new head of AvtoVAZ
March 16, 2016 | 11:38pm CEToriginalThe manager and his current position, timing, optimism about the development of the Russian market...
read moreMann+Hummel completed reorganization of top management
March 15, 2016 | 10:54pm CEToriginalSeven-membered Board of Directors, Frank B. Jehle's departure, Manfred Wolf's move to a newly acquired business, new heads for Automotive OEM, Automotive Aftermarket and Industrial Filtration...
read moreAutobond grew at double-digit pace in 2015
March 15, 2016 | 10:38pm CEToriginalRevenues, sales of new and used cars, the results of individual brands, Bond Auto+, extension of Bond Rent, changes in the dealer network, the plan for 2016, the 10th anniversary of the firm...
read moreCzech Rep bought dozens of Hyundai cars for road management and maintenance, some with all-wheel drive
March 15, 2016 | 10:26pm CEToriginalDetails of the contract, the number of cars, models and engines, the winning price including a service contract, widespread use...
read moreDieselgate: Volkswagen's former employee in US accuses company of destroying scandal evidence
March 14, 2016 | 11:12pm CEToriginalThe automaker refused it. His name and former position, release date, circumstances...
read moreSmart Transport Robot: BMW began to use self-driving robots in logistics
March 14, 2016 | 03:38am CEToriginalLocation, supplier and its clients, characteristics and capabilities of autonomous robots, utilization of recycled BMW i3 batteries, expansion after pilot project, digitization of production...
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