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Emerge (company with more than 800 employees in Bakov nad Jizerou, Bezděčín, Mladá Boleslav, Plazy, Hodkovice nad Mohelkou, Liberec, Trutnov, Náchod, Červený Kostelec, Nové Město nad Metují and Prague, Czechia providing services in areas of logistics, pressworking, measurement, manufacturing, welding; customers, projects: Škoda Auto, Volkswagen Slovakia/Superb+Passat, Carbody Czech Republic/Jaguar+Stellantis, Tenneco CA Czech Republic, Magna Exteriors, Siemens; turnover of CZK 3.56 billion/EUR 141 million in 2023) won order from Škoda Auto for logistics services for Mladá Boleslav plant (reception, storage, picking of parts for production provided in Nepřevázka, Bezděčín). Parent company Emerge Industry began to engage outside automotive industry when it acquired Léčebné lázně Bohdaneč, Lázně Teplice nad Bečvou (Spa Business Development, Spa Vision)
January 21, 2025 | 04:54pm CETflashread more
ACEA: New car registrations in EU up by 5.1% in December, by 0.8% to 10.63 million in 2024 (Volkswagen +5.9%, +3.2%; Stellantis -7.3%, -7.2%; Renault +16.4%, +1.9%; Toyota +31.1%, +17.5%; Hyundai +2.3%, -5.8%; BMW -8.8%, -0.6%; Mercedes-Benz -5%, -2.6%; Ford -11.1%, -13.7%; Volvo Cars -2.1%, +28%; Tesla +5.9%, -13.1%; Nissan +0.9%, +1.4%; Suzuki -3.1%, +12%; SAIC -1.2%, +6.7%; Mazda +4.5%, -5.3%; Jaguar Land Rover +9.8%, -8.3%; Mitsubishi +40.2%, +43.7%; Honda +8.6%, +21.5%), individual fuel/power types successful differently (BEV -10.2%, -5.9%; PHEV +4.9%, -6.8%; HEV+MHEV +33.1%, +20.9%; FCEV+NGV/CNG+LPG+biofuel/ethanol +4.7%, +1.4%; petrol -1.8%, -4.8%; diesel -15%, -11.4%). Battery electric vehicles (13.6% share) surpassed diesel cars (11.9%) again in 2024
January 21, 2025 | 04:44pm CETflashread more
AAA Auto (Aures Holdings) Barometer: 907,000 used cars (BEV: 0.8% share, 7,250 vehicles; HEV: 1.5%, 13,600) advertised in Czechia in 2024 with mean value (median) of price of CZK 204,382 (EUR 8,110, +2.7% y/y). Offer grew by 92,100 cars (+11.3%) y/y. Top 5 best-selling used electric vehicles include BMW i3, Tesla Model 3, Škoda Enyaq, Hyundai Kona, Tesla Model S
January 21, 2025 | 04:28pm CETflashread more
GlobalData: Global new light vehicle sales up by 6.3% to 8.63 million in December, by 2.1% to 88.64 million in 2024 (Western Europe +4.5% to 1.15 million, +0.9% to 13.38 million; Eastern Europe including Turkey and Russia +8.2% to 470,240, +15.3% to 4.64 million)
January 20, 2025 | 06:25pm CETflashread more
SDA: Imports (first registrations) of used cars to Czechia down by 8.8% to 140,397 in 2024 (lowest result in last 10 years, 2014: 120,408) with decrease in average age by 0.1 to 10.5 years (vehicles up to 1 year: from share of 3.6% to 2.9%, 1-3 years: from 6.8% to 6.3%, 3-5 years: from 15.5% to 15.7%, 5-10 years: from 25.2% to 26.1%, 10-15 years: from 25.8% to 25.8%, over 15 years: from 23.2% to 23.2%)
January 20, 2025 | 06:16pm CETflashread more
USA added Chinese company Contemporary Amperex Technology Co., Ltd. (CATL; manufacturer of electric vehicle batteries in China, Germany, Hungary; customers: BMW, Ford, Geely, Honda, Hyundai, Li Auto, Mercedes, Nio, Nissan, Tesla, Toyota, Volkswagen) to blacklist of companies cooperating with Chinese military when US Department of Defense updated this list on January 7 in accordance with Section 1260H of National Defense Authorization Act. CATL has never engaged in any military-related business or activities, so this designation by Department of Defense is mistake, company responded. Blacklist currently includes 134 companies such as ChemChina, Huawei, SMIC, DJI, Tencent
January 20, 2025 | 06:07pm CETflashread more
GlobalData increased 2025 Western European new car sales outlook by 30,000 units from 11.71 million to 11.74 million (+1.6%)
January 19, 2025 | 09:40pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.3% m/m in December, by 0.6% y/y (new: +0.1%, +2.3%; used: -0.4%, -2.4%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.0%, -3.2%), spare parts and accessories (-0.7%, +4.1%), fuels and oils (+0.4%, -2.6%), maintenance and repairs / service works (+0.0%, +8.8%)
January 19, 2025 | 09:34pm CETflashread more
United States to ban Chinese, Russian software (starting with Model Year 2027), hardware (MY2030) in connected road vehicles on US roads. On January 14, Department of Commerce issued final rule that will prohibit sale and import of hardware and software systems (automated/autonomous driving systems/ADS, vehicle connectivity systems/VCS, Wi-Fi, Bluetooth, cellular and satellite connectivity) of connected passenger cars (not yet commercial vehicles weighing more than 10,000 pounds/4.5 tons), as well as completed connected cars from China and Russia. This is result of investigation that President Joe Biden's administration launched in February 2024 to ensure that automotive supply chains are resilient and secure from foreign adversary cyber threats (espionage, hacking attacks). Beyond risks to critical infrastructure, Department of Commerce assesses that certain hardware and software used in connected vehicles could enable mass collection of sensitive information, including geolocation data, audio and video recordings, and other pattern-of-life analysis. In developing this rule, Department consulted with industry to ensure any actions maximally protect US national security, while minimizing unintended consequences or disruptions to market, White House added
January 19, 2025 | 09:21pm CETflashread more
Automotive Seating Innovation 2025: Automotive IQ (IQPC) to hold 18th conference on capabilities of next-generation seating designs (smart seats) integrating comfort, safety, sustainability, appearance, interactions in Munich, Germany on February 4-6. Representatives of BMW Group, Bugatti Rimac, JLR (Jaguar Land Rover), Shawmut Corporation, Suzuki Motor, Lectra, Yanfeng Seating, Adient to speak at event
January 16, 2025 | 03:51pm CETflashread more
Aures Holdings sold record 108,661 used vehicles in 2024 (+10.7%) at AAA Auto, Mototechna and Auto Diskont car centers, including almost 60,000 in Czechia (2023: 53,949 cars, vans). BEV sales doubled to 900, demand for HEVs increased by 68% to nearly 5,000. Our goal is to grow sales at same pace in 2025, and therefore we will continue to focus on expanding and renovating existing car centers and opening new ones, Topolová said
January 16, 2025 | 03:37pm CETflashread more
SMMT: New car registrations in UK down by 0.2% in December, up by 2.6% to 1.95 million in 2024 (vans up to 3.5 tonnes -8.3%, +3% to 351,834; trucks up to 6 tonnes +106.6%, +59.6% to 9,259). Individual fuel/power types performed differently in 2024 (BEV: 381,970 +21.4%; PHEV: 167,178 +18.3%; HEV: 261,398 +9.6%; petrol: 1.02 million -4.4%; diesel: 123,104 -13.6%). United Kingdom fleet's average CO2 emissions fell by 6.2% to 102.1 g/km (2023: 108.9 g/km)
January 16, 2025 | 03:32pm CETflashread more
Financial Companies
Autofox Helps: Allianz donates over EUR 900,000 to areas in Central Europe affected by floods
September 23, 2024 | 10:36pm CETpublicThe company will allocate the money to the Red Cross and other organizations that operate in the affected region. As an initial contribution, the most affected countries, Austria, Poland and Czechia, will each receive an amount of EUR 300,000. Allianz Central Europe will also match its Central European employees' donations...
read moreAutofox Helps: Volkswagen Financial Services donated EUR 50,000 to Protestant Foundation Neuerkerode
May 31, 2020 | 11:29pm CETpublicUse of the money by the German foundation, partnership started before the outbreak of the corona pandemic...
read moreAutofox Helps: Toyota Group helps efforts on front lines of treatment and in limiting further spread of Covid-19/coronavirus
April 21, 2020 | 11:53pm CETpublicAt the same time, the automaker and group companies (Toyota Motor, Toyota Financial Services, Denso, Toyota Boshoku, Aisin Seiki, Daihatsu Motor, Hino Motors) will implement measures aimed at improving structure to drive future recovery. Examples of support activities in Japan, Europe, China, North America and Asia...
read moreInsurance companies in Czechia raised prices of damage liability in 2018
November 19, 2018 | 11:21pm CEToriginalThe increase of insurance premiums by units to tens of percent according to risk, reasons, situation in commercial vehicles and fleet clients, statements of individual companies...
read moreCars on Riverside 2018: Seven brands added, two dropped out compared to last year
August 30, 2018 | 03:24am CEToriginalThe second year should host over 100 cars and vans of 25 brands and 9 groups. Details, accompanying program, partner, estimated attendance of the first year...
read moreGerman unions demand 6% wage increase in Volkswagen
October 27, 2017 | 11:10am CEToriginalThe demand for wage growth also applies to the Volkswagen Financial Services division. Requirements of the Czech unions at Škoda Auto...
read moreConference on automotive industry in Czechia and Central Europe to take place in Brno
October 25, 2017 | 09:52am CEToriginalLecturers from Škoda, Hyundai, TPCA, Iveco, Tatra, KPMG, Kovo, ABB, Brano, Motor Jikov, Minerva or CzechInvest, topics of the 14th year, partners...
read moreJedteVolit.cz: SmileCar, Rekola, Liftago offered discounted or free transport to polls in Czechia
October 23, 2017 | 11:15pm CEToriginalDetails of the special offers of these three startups, available locations, the profile of SmileCar and its partners...
read more7 Days of Peugeot: Peugeot holds traditional weekly campaign with preferential car prices in Czechia
September 23, 2017 | 09:40pm CEToriginalDate, models and prices offered, winter tires for free when using funding, nearly 20-year history of the campaign, results in January...
read moreOpel 500: Opel organizes another annual campaign accompanied by offer of 500 cars with benefits and price discounts
September 23, 2017 | 07:44pm CEToriginalDate, declared discount amounts, free roof rack, winter tires free of charge with funding used, Opel VIP membership fidelity program, micro booths…
read moreCars on Riverside 2017: Organizer ensured three more brands and exhibition of energy company
August 31, 2017 | 02:36pm CEToriginalThese are a low cost, a non-premium and a premium brand. Inspiration for the exhibition in Prague, the course of negotiations not only with automakers, presented EVs…
read moreCzech Railways: LeasePlan won tender for lease of cars and vans again
August 9, 2017 | 12:23am CEToriginalModels, number of vehicles, price, length of the contract, utilization, small part of the fleet owned by…
read moreUniqa succeeded in tender of one leasing company in Czech Rep
August 2, 2017 | 08:33pm CEToriginalDetails of the order, number of vehicles covered, insurance premium, timing, previous partner for damage liability...
read moreUber to expand cooperation with Axa
July 26, 2017 | 11:45pm CEToriginalBoth companies have been working together in one African country since 2016. Locations, product, timing...
read moreOne manager to leave Porsche Czech Republic
July 23, 2017 | 11:57pm CEToriginalFor several years, he has led one of the Volkswagen Group brands. His next direction, successor, timing...
read moreCode of Ethics: Hyundai modified sales conditions in Czech Rep
July 11, 2017 | 11:55pm CEToriginalThis was done on the basis of an antitrust investigation. Details of change relating to brand insurance, financial results of Hyundai Motor Czech in 2016...
read moreEurop Assistance succeeded in LeasePlan's tender for car assistance provider in Czech Rep
June 28, 2017 | 12:11am CEToriginalScope of services, timing, previous partner of leasing company...
read moreBusinessRent: Business Lease opened car and van rental in Czech Rep
June 27, 2017 | 11:57pm CEToriginalThe fleet including EVs, CNG vehicles and cars for the disabled, prices, benefits, utilization possibilities, Tesla EVs at RentPoint car rental...
read moreMitsubishi Motors began to offer branded insurance in Czech Rep
June 21, 2017 | 11:05pm CEToriginalThe partner is Uniqa, which has long-term and rich experience with branded insurance. Details of the cooperation and the product Mitsubishi insurance including PAYD/PHYD…
read moreBMW Group began to provide tyre insurance in other countries in Europe
June 20, 2017 | 12:05am CEToriginalPartner, states, models, conditions, insurance period, price, insurance cover, first model with optional runflat tires...
read moreLegends 2017: Organizer expects to increase attendance
June 9, 2017 | 04:08am CEToriginalOvercoming the Brno Motor Show, budget and financial results of the motorist event, insurance, cooperation negotiations with the Goodwood Festival of Speed...
read moreLegends 2017: Fourth year to be attended by more than 15 automakers and dealers again
June 7, 2017 | 11:40pm CEToriginalDate, main themes, exhibitors, presented brands, exhibits and their value, guests, partners, clubs, official car...
read moreSociete Generale to sell part of ALD Automotive on stock exchange
June 6, 2017 | 10:48pm CEToriginalDetails of IPO, the amount of share, share price, expected income, value of the leasing company, reasons, timing...
read moreTUV Sud and UAMK established cooperation in Czech Rep
May 10, 2017 | 11:10pm CEToriginalContent of the partnership, common communication activities, timing...
read moreHavex and Imofa increased car sales by 6.9% in 2016
April 26, 2017 | 01:01am CEToriginalRecord year, sales of new and used vehicles, interest in individual brands, investment in modernization of showrooms, plan for 2017, fleet business, online service calculator...
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