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Rho Motion: Global new electric vehicle (EV) sales to grow by 18% to 20.2 million passenger cars, llight-duty vehicles (LDVs/LCVs) in 2025 – China: 12.9 million BEVs and PHEVs (+17%), Europe (EU & EFTA & UK): 3.5 million (+15%), USA & Canada: 2.1 million (+16%), Rest of World (RoW): 1.7 million (+31%)
February 25, 2025 | 03:54pm CETflashread more
Retro Classics 2025: Around 1600 exhibitors to join 24th fair of classic/vintage cars and motorcycles in Stuttgart, Germany (February 27 – March 2), including ADAC, Allianz, BMW Group Classic, Daimler Truck/Mercedes-Benz Trucks Classic, Dekra Automobil, Emil Frey Classics, Emil Frey Exclusive Cars/Aston Martin Stuttgart, Erwin Hymer Museum/Erwin Hymer Stiftung, Irmscher Automobilbau, Kontio Tyres, Liqui Moly, Mazda Classic/Automobil Museum Frey, Mercedes-Benz Heritage, Nio Deutschland, Porsche Museum, Sonax, TÜV Süd Auto Service, Unimog-Museum Betriebs. Exhibition organizer expects 90,000 visitors on area of 80,000 sqm
February 25, 2025 | 03:49pm CETflashread more
VDA: Car production in Germany up by 13% y/y in January, export by 19%
February 25, 2025 | 03:36pm CETflashread more
Škoda Auto, unions agreed on increase in wage tariffs in Czechia (37,000 employees, average salary outside management CZK 75,128/EUR 3,000 in 2024) by 3% from April 1, night work surcharge by CZK 5 to CZK 55 (EUR 2.2) per hour, contribution to supplementary pension savings by CZK 200 to CZK 1,900 (EUR 76). For 2024, employees to receive variable bonus of CZK 120,000 (EUR 4,800) and one-off premium of CZK 10,000 (EUR 400) in May, i.e. total of CZK 130,000 (EUR 5,200) out of approximately CZK 200,000 (EUR 8,000) paid in total during 2025 on guaranteed and variable bonus and agreed one-time payment
February 24, 2025 | 04:48pm CETflashread more
Sales of new light vehicles in USA grew in January (J.D. Power/GlobalData: +4.4%; Cox Automotive: +5.2%; S&P Global Mobility: +7.5%)
February 24, 2025 | 04:30pm CETflashread more
Auto Palace (AutoBinck Group; Ford, Ford Pro, Hyundai, Mazda, Mitsubishi, Opel, Opel Professional, Peugeot, Peugeot Professional, Škoda, Volvo, Audi, Volkswagen, VW Commercial Vehicles, SEAT, Cupra, MG and Maxus dealer, Fiat and Infiniti service in Prague, Brno and Karlovy Vary, Czechia) to sell Tuchoměřice branch near airport in Prague (SEAT, Cupra and Maxus dealerships, Škoda, Volkswagen and VW Commercial Vehicles service; part of Auto Palace Západ, loss of CZK 72 million at turnover of CZK 1.46 billion and sales of 1,338 new and 839 used vehicles in Tuchoměřice and Karlovy Vary in 2023) to Přerost a Švorc - Logistic (Přerost a Švorc - Auto, Autodružstvo Podbabská; Škoda, Volkswagen and VW Commercial Vehicles dealer, SEAT, Cupra and Audi service in Prague). Transaction began to be assessed by Office for Protection of Competition (ÚOHS)
February 24, 2025 | 04:22pm CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 25% to 17.1 million passenger cars, llight-duty vehicles (LDVs/LCVs) in 2024 – China: 11 million BEVs and PHEVs (+40%), Europe (EU & EFTA & UK): 3 million (-3%), USA & Canada: 1.8 million (+9%), Rest of World (RoW): 1.3 million (+27%)
February 24, 2025 | 04:16pm CETflashread more
Prognos, VDA: 46,000 jobs lost in German automotive industry between 2019 and 2023 due to transition to electromobility (-75,000 lost, +29,000 created), another 140,000 positions to be lost at automakers and suppliers by 2035 (total of 186,000 jobs, or about fifth of jobs; 2023: 911,000 employees in sector). Jobs at component manufacturers focused on combustion vehicles are mainly at risk, as electric drive is less complex than internal combustion engine (ICE). Transformation of automotive industry is mammoth task. Between 2024 and 2028, German car manufacturers and automotive suppliers to invest around EUR 280 billion worldwide in research and development (R&D) alone, and further EUR 130 billion in converting their plants. Investments underline German automotive industry’s will to make transformation success story, Müller (VDA) said
February 24, 2025 | 04:07pm CETflashread more
Aures Holdings sold 8,363 used vehicles in January (+5.2%) at AAA Auto, Mototechna, Auto Diskont car centers. BEV sales reached record 112 units (Top 3: Tesla Model 3, BMW i3, Volkswagen e-Golf). Company increased number of cars and vans on offer to 19,000, preparing to open smaller buying branches to ensure sufficient sourcing to meet sales plan of 120,000 vehicles in 2025 (+10%)
February 21, 2025 | 12:26pm CETflashread more
ESG: Constellium (manufacturer of aluminum products for automotive industry, other industries with 12,000 employees in Europe, North America, Asia; revenues of EUR 7.3 billion in 2024) stopped using coal, testing replacing natural gas with hydrogen. Company recently completed its first industrial-scale casting using hydrogen combustion at C-Tec R&D center in Voreppe, France. Constellium is involved in various projects aimed at advancing hydrogen technologies for industrial decarbonization, such as HyInHeat (Hydrogen technologies for decarbonization of industrial heating processes, project running in 2023-2026, funded by European Union/EU with budget of EUR 24 million, 30 partners including Toyota Motor Europe, ArcelorMittal, SSAB, Linde, Nippon Gases/Nippon Sanso). In addition to its focus on hydrogen, company is exploring alternative decarbonization technologies, including direct electrification solutions compatible with existing furnaces
February 21, 2025 | 12:19pm CETflashread more
Mobility & Innovation Production (manufacturer of electric, hydrogen city buses in Orechová Potôň, Slovakia) developed hydrogen-powered truck (FCEV) built on Ford F-Max platform from Ford Trucks (Refire Prisma XII+ 117kW fuel cell, Dana TM4 Sumo HV 2500 6-P 540kW electric motor, Eaton 4-speed transmission/gearbox, Durapower 122kWh traction battery with range of up to 120 km, CCS2 charging connector, 4x Nproxx 700 bar 12 kg hydrogen cylinders/tanks with range of 600-750 km, maximum permissible gross weight 45 tons, consumption of 8-9 kg H2/100 km). Integration of electric, hydrogen propulsion systems with on-board electronics ensured by Drabpol Automotive. M&I RH120R semi-trailer tractor is homologated according to EU regulations, with development tests and approvals assisted by TÜV Süd Czech (cooperation since 2020). As pilot, MIP to provide hydrogen trucks for testing in real operation to transport/logistics companies Metrans (Hamburger Hafen und Logistik AG/HHLA Group, electric trucks in fleet since 2022, climate neutrality target by 2040) and Waberer's (fleet of 2,800 diesel and HVO 100 vehicles, 25 electric and LNG vehicles)
February 19, 2025 | 02:56pm CETflashread more
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Autofox Helps: Porsche Holding Salzburg donated EUR 75,000 to help Ukraine
November 27, 2022 | 10:17pm CETpublicIt is the result of a fundraising among employees in Austria and a contribution from the company's own resources. Allocation for the Neighbor in Need aid campaign, assistance to Ukrainian employees...
read moreAutoBinck bought ROI Fleet & Mobility
March 11, 2020 | 04:25pm CETpublicROI will become a subsidiary of Fleet Support, which is part of AutoBinck's Smart Mobility division. Profile and portfolio of vehicles, mobility passes, shared cars and e-bikes in the management...
read moreGenuine Parts Company (GPC)'s Alliance Automotive Group (AAG) bought AutoBinck's PartsPoint
February 10, 2020 | 10:34pm CETpublicProfile of the distributor of automotive aftermarket parts and accessories in the Benelux, expected annual revenues...
read moreSaab resumed car production
December 3, 2013 | 01:19am CEToriginalThe plant in Sweden launched production of the Saab 9-3 Aero. The initial volume of output, orders via Internet, the price, the distributor in CEE...
read more1
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SELECTED FLASH NEWS
ESG: Thanks to support of Panattoni (developer, lessor of industrial, warehouse, office...
Marušinec (ASEP, BatteryX, Elon Club): Batteries for electromobility experienced...
Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia)...
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad...
Cebia started providing business partners (leasing companies, other firms) with...
ESG: Berner Group (manufacturer of chemical, other products for maintenance, repair, care...
Volkswagen Group Services (formerly AutoVision; service provider in areas of R&D, IT...
Zebra Group (manufacturer of diesel, electric municipal vehicles with 25 employees in...
Tatra Trucks develops series of Tatra Force e-Drive battery, hydrogen vehicles with...
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá...
Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance;...
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad...
Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433...
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive...
Vitesco Technologies wants to invest over EUR 576 million (CZK 14.4 billion) into...
SUDOP Group established new eco-energy division, SUDOP Energy and Environment (SEEN)...
There is nothing to wait for: City of Prague, Czechia launched campaign for climate plan...
Automobili Pininfarina Čeladná: Thomas Bruno Emmisberger (Nexgen Automobili – Pininfarina...
Co-owners (Jan Jakubec, Aleš Havlíček) and managers (Daniel Obrátil) of Auto Base (BMW...
Jirovec: Invelt (BMW, Mini, Alpina, BMW Motorrad dealer with more than 140 employees in...
Tukas Group (Škoda, Volkswagen, VW Commercial Vehicles, Volvo, Opel, Kia, Renault, Dacia...
M3000 closed Mercedes car, van dealership in Prague, Czechia. Newly established company SP...
Emil Frey Kyje: Emil Frey (Kia, Subaru, Suzuki, Toyota dealer in Prague; distributor of...
Porsche Czech Republic (Porsche Holding Salzburg) closed representative showroom of...
CarTec Group (BMW, Mini, Rolls-Royce, BMW Motorrad dealer in Ostrava, Liberec, Prague and...
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation...
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance...
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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EXCHANGE RATES
1 EUR = 1.08 USD
1 EUR = 0.83 GBP
1 EUR = 0.95 CHF
1 EUR = 24.98 CZK
1 EUR = 4.20 PLN
1 EUR = 400.98 HUF
Source: ECB, March 27, 2025