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Edmunds: New light vehicle sales in USA to reach 4.2 million in Q4, totaling 15.98 million in 2024 (+3.1%, 2023: 15.5 million cars and vans). In 2025, US auto market to grow by 1.4% to 16.2 million units, representing highest annual result since 2019

December 18, 2024 | 12:56pm CETflash

ESG: Thanks to support of Panattoni (developer, lessor of industrial, warehouse, office space for automotive, other firms in North America, Europe, Asia), racer David Pabiška (SP Moto Bohemia Racing Team, KTM 450 Rally motorcycle) to be first Czech in history to have his fuel emissions offset (through voluntary CO2IN/Amper Holding carbon credits certified by TÜV Nord Czech in amount corresponding to volume of fuel burned and emission factor according to 2024 DEFRA methodology) at Dakar Rally (January 3-17, 2025; Saudi Arabia). Although this only offsets fuel-related emissions (1,880 kg CO2, 800 liters), not total carbon footprint of participation in race, it is important step in effort to minimize impact of motorsport on environment, said Panattoni, aiming to achieve carbon neutrality by 2025

December 18, 2024 | 12:50pm CETflash

GlobalData: Global new light vehicle sales up by 6.1% to 8.18 million in November (Western Europe -2.6% to 1.09 million; Eastern Europe including Turkey and Russia +9.1% to 409,465)

December 18, 2024 | 12:37pm CETflash

VDIK: German market for passenger electric vehicles (EVs) to fall by 18.6% to 570,000 units in 2024 (380,000 BEVs -27.5%, 190,000 PHEVs +8.1%; 2023: 699,943 BEVs+PHEVs). In 2025, sales of new rechargeable cars in Germany to increase by 14% to 780,000 (580,000 BEVs +52.6%, 200,000 PHEVs +5.3%), representing market share of 27% (20+7%). Unless framework conditions for electromobility improve, sales volume of battery electric vehicles in 2025 to remain at level of 2024, Labbé pointed out

December 16, 2024 | 12:47pm CETflash

Marušinec (ASEP, BatteryX, Elon Club): Batteries for electromobility experienced significant technological progress in recent years (chemistry: lithium-ion nickel-manganese-cobalt/LiNiMnCoO2/Li-ion NMC, capacity: 100 kWh, range: 600 km, lifespan: 20 years, price: CZK 250,000/EUR 10,000; lithium-iron-phosphate/LiFePO4/LFP, 80 kWh, 500 km, 30 years, CZK 170,000/EUR 6,800; sodium-ion/Na-ion, 75 kWh, 350 km, 40 years, CZK 50,000/EUR 2,000; lithium-sulfur/Li-S, 500 kWh, 2,500 km, 20 years, CZK 900,000/EUR 36,000). LFP makes comeback in vehicles, Li-S to likely find application in aeroplanes/aircraft, he added

December 16, 2024 | 12:40pm CETflash

ČSÚ: Car prices in Czechia up by 0.4% m/m in November, down by 0.8% y/y (new: +0.5%, +2.1%; used: +0.2%, -2.7%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-1.8%, -3.2%), spare parts and accessories (+0.2%, +4.8%), fuels and oils (+0.8%, -7.6%), maintenance and repairs / service works (+0.1%, +8.9%)

December 16, 2024 | 12:34pm CETflash

Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia) suspended its intention to continue expanding its branch network in Western Bohemia, expanded service facilities in Pilsen. Company plans to build Lexus dealership in České Budějovice and completely new premises for Toyota brand, as existing showroom in České Vrbné is approaching capacity

December 12, 2024 | 12:58pm CETflash

AAA Auto (Aures Holdings) Barometer: 150,664 used cars (BEV: 1.5% share, 2,200 units, +26% m/m; HEV: 2%) advertised in Czechia in November with mean value (median) of price of CZK 189,000 (EUR 7,525, -5.5% m/m). Offer grew by 7,932 cars (+5.6%) m/m

December 12, 2024 | 12:54pm CETflash

VDIK: German commercial vehicle market to grow by 8.4% to 390,000 units in 2024 (2023: 359,689), of which 300,000 under 6 tonnes (+13%, 266,589) and 90,000 over 6 tons (-3%, 92,800). New van, truck sales in Germany to fall by 5.1% at 370,000 in 2025. Manufacturers developed zero-emission electric and hydrogen trucks that can be ordered and delivered. And many customers are interested in them. Unfortunately, framework conditions for freight ZEVs currently do not meet many expectations. Although there is CO2 surcharge on truck toll, which puts zero-emission trucks in better position than those with internal combustion engines (ICEs), there is lack of planning certainty, for example when it comes to electricity prices, Labbé said. VDIK will continue to advocate for effective government support for purchase of climate-friendly commercial vehicles in future, for example by reinvesting part of revenue from truck toll in transformation of road freight transport. Charging and hydrogen refueling infrastructure for heavy-duty electric trucks is still in its infancy and its construction must now gain momentum very quickly so as not to hinder spread of zero-emission trucks, she added

December 12, 2024 | 12:49pm CETflash

GlobalData increased 2024 Western European new car sales outlook by 20,000 units from 11.43 million (-1.1%) to 11.45 million (-0.9%), confirming forecast for 2025 at 11.71 million (+2.3%)

December 10, 2024 | 02:54pm CETflash

Martin Hendrych left Proseat, joining Schneider Electric as Plant Manager in Písek, Czechia (manufacturer of industrial components with more than 500 employees). He replaced Bart Mach in position. Lukáš Berger appointed as new head of Proseat Mladá Boleslav factory (manufacturer of polyurethane foam parts for car seats with 330 employees; customers, projects: Audi Q4, BMW M5 Sedan G90, BMW X6 G6X, BMW X7 G7X, Škoda Fabia, Škoda SK336, Toyota Yaris, Volkswagen ID.Buzz, Mubea)

December 10, 2024 | 02:48pm CETflash

VDIK: New car sales in Germany to decrease by 0.9% to 2.82 million in 2024 (2023: 2.84 million), of which 32.5% to be registered by private individuals (916,000, -2%, 2023: 933,147), 32.4% by fleet customers (913,000, -7%, 976,698), 24% by automakers and dealers (678,000, +7%, 635,597), 11.1% by car rental and leasing companies (313,000, +5%, 299,167). This development reflects current uncertainty of private and corporate customers, caused by current economic and geopolitical situation, Schmidt mentioned

December 10, 2024 | 02:41pm CETflash

Coface CEE Top 500 Ranking 2024: Electronics, information and telecommunications industry (E/E, ICT; 60 largest firms, -1 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 4.4% to EUR 104-105 billion in 2023 (2022: EUR 100 billion), number of employees grew by 4% to 328,600. Largest companies in sector include LG Energy Solution Wroclaw (EUR 9.09 billion, -3%; 6,546 people, +7%), Samsung SDI Magyarország (EUR 6.04 billion, +48%; 3,344, +25%), Robert Bosch Elektronika (EUR 5.93 billion, +2%; 18,605, +7%), Harman Becker Kft (EUR 2.22 billion, -4%; 4,308, +9%), Continental Automotive Hungary (EUR 2.03 billion, +38%; 6,782, +6%), Bolt Technology (EUR 1.7 billion, +35%; 4,104, -1%), Vitesco Technologies Czech Republic (EUR 1.6 billion, +14%; 4,119, +5%), BYD Smart Device Hungary (EUR 1.24 billion, +65%; 183, +2%), SK Battery Manufacturing (EUR 1.18 billion, +267%; 1,185, +19%), Siemens s.r.o. (EUR 1.15 billion, +1%; 7,474, -1%), SK On Hungary (EUR 1.03 billion, +15%; 2,310, +81%), Bolt Operations (EUR 972 million, +16%; 780, +2%), DPD Polska (EUR 911 million, +1%; 4,545, +8%), Videoton Holding (EUR 811 million, +15%; 9,267, +1%), ABB Sp. z o.o. (EUR 756 million, -2%; 2,688, +68%), Hella Slovakia Lighting (EUR 712 million, +38%; 3,290, -0%), ABB s.r.o. (EUR 703 million, +32%; 3,000, +2%)

December 9, 2024 | 12:54pm CETflash

GlobalData: New car sales in Western Europe down by 3.5% to 934,486 units in November. Sales to fell by 0.9% to 11.45 million in 2024, to grow by 2.3% to 11.71 million in 2025

December 9, 2024 | 12:48pm CETflash

Office for Protection of Competition (ÚOHS) allowed AutoWallis Group (SsangYong distributor in Czechia, BMW dealer in Hradec Králové, Prague and Pardubice, Czechia, representative of more than 20 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) to acquire Milan Král Holding dealer group with 200 employees in České Budějovice, Czechia (Milan Král a.s. – Mercedes-Benz car, van, truck dealer, market share of 6%; ACR Auto – BMW, BMW Motorrad dealer, market share of 7%; MNC Auto – Ford car, van dealer, Opel service; MK Kar-Lak – body shop, paint shop; MK Správní společnost; sales of 1,300 new, 700 used vehicles per year; revenues of HUF 50 billion/EUR 111 million/CZK 2.8 billion in 2023) from founders (Milan Král, Iveta Králová)

December 9, 2024 | 12:42pm CETflash

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Autofox Helps: Allianz donates over EUR 900,000 to areas in Central Europe affected by floods

September 23, 2024 | 10:36pm CETpublic

The 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...

Autofox Helps: Volkswagen Financial Services donated EUR 50,000 to Protestant Foundation Neuerkerode

May 31, 2020 | 11:29pm CETpublic

Use of the money by the German foundation, partnership started before the outbreak of the corona pandemic...

Autofox Helps: Toyota Group helps efforts on front lines of treatment and in limiting further spread of Covid-19/coronavirus

April 21, 2020 | 11:53pm CETpublic

At 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...

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Autofox Wordbook

CZ > EN EN > CZ

EXCHANGE RATES

1 EUR = 1.03 USD

1 EUR = 0.84 GBP

1 EUR = 0.94 CHF

1 EUR = 25.27 CZK

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1 EUR = 412.65 HUF

Source: ECB, January 17, 2025

Edmunds: New light vehicle sales in USA to reach 4.2 million in Q4, totaling 15.98 million in 2024 (+3.1%, 2023: 15.5 million cars and vans). In 2025, US auto market to grow by 1.4% to 16.2 million units, representing highest annual result since 2019

GlobalData: Global new light vehicle sales up by 6.1% to 8.18 million in November (Western Europe -2.6% to 1.09 million; Eastern Europe including Turkey and Russia +9.1% to 409,465)

AAA Auto (Aures Holdings) Barometer: 150,664 used cars (BEV: 1.5% share, 2,200 units, +26% m/m; HEV: 2%) advertised in Czechia in November with mean value (median) of price of CZK 189,000 (EUR 7,525, -5.5% m/m). Offer grew by 7,932 cars (+5.6%) m/m

GlobalData increased 2024 Western European new car sales outlook by 20,000 units from 11.43 million (-1.1%) to 11.45 million (-0.9%), confirming forecast for 2025 at 11.71 million (+2.3%)

GlobalData: New car sales in Western Europe down by 3.5% to 934,486 units in November. Sales to fell by 0.9% to 11.45 million in 2024, to grow by 2.3% to 11.71 million in 2025

Autofox Helps: Allianz donates over EUR 900,000 to areas in Central Europe affected by floods

Autofox Helps: Volkswagen Financial Services donated EUR 50,000 to Protestant Foundation Neuerkerode

Autofox Helps: Toyota Group helps efforts on front lines of treatment and in limiting further spread of Covid-19/coronavirus

Insurance companies in Czechia raised prices of damage liability in 2018

Cars on Riverside 2018: Seven brands added, two dropped out compared to last year

German unions demand 6% wage increase in Volkswagen

Conference on automotive industry in Czechia and Central Europe to take place in Brno

JedteVolit.cz: SmileCar, Rekola, Liftago offered discounted or free transport to polls in Czechia

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Opel 500: Opel organizes another annual campaign accompanied by offer of 500 cars with benefits and price discounts

Cars on Riverside 2017: Organizer ensured three more brands and exhibition of energy company

Czech Railways: LeasePlan won tender for lease of cars and vans again

Uniqa succeeded in tender of one leasing company in Czech Rep

Uber to expand cooperation with Axa

One manager to leave Porsche Czech Republic

Code of Ethics: Hyundai modified sales conditions in Czech Rep

Europ Assistance succeeded in LeasePlan's tender for car assistance provider in Czech Rep

BusinessRent: Business Lease opened car and van rental in Czech Rep

Mitsubishi Motors began to offer branded insurance in Czech Rep

BMW Group began to provide tyre insurance in other countries in Europe

Legends 2017: Organizer expects to increase attendance

Legends 2017: Fourth year to be attended by more than 15 automakers and dealers again

Societe Generale to sell part of ALD Automotive on stock exchange

TUV Sud and UAMK established cooperation in Czech Rep

Havex and Imofa increased car sales by 6.9% in 2016