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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
JATO Dynamics: Electric car (BEV) market share in Europe (34 countries) reached 15% in 2024 (Scandinavia-5 49%, 2023: 46%; Northern/Central-8 18%, 19%; Southern-8 10%, 9.4%; Eastern-13 4.8%, 5.3%), same as in 2023. Highest penetration in Norway (88%, 82%), Denmark (51%, 36%), Malta (38%, 17%), Netherlands (35%, 31%), Sweden (35%, 39%), Finland (30%, 34%), Belgium (28%, 20%), Luxembourg (28%, 23%), Iceland (26%, 53%), Portugal (20%, 18%), UK (20%, 17%), Switzerland (19%, 21%), Austria (18%, 20%), France (17%, 17%), Ukraine (16%, 12%), Germany (14%, 18%) and Ireland (14%, 19%), lowest in Serbia (0.8%, 0.8%), Slovakia (2.5%, 2.6%), Croatia (3%, 2.9%), Poland (3%, 3.6%), Bulgaria (3.9%, 4.8%), Italy (4.2%, 4.2%), Czechia (4.7%, 3%), Estonia (5.4%, 6.8%), Spain (5.7%, 5.7%), Slovenia (6.1%, 9%), Lithuania (6.2%, 7.9%), Greece (6.4%, 4.8%), Romania (6.5%, 11%), Hungary (7%, 5.4%), Latvia (7.7%, 9%), Cyprus (9%, 6.2%) and Turkey/Türkiye (10%, 6.7%)
February 19, 2025 | 02:51pm CETflashread more
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich): Customers in Czechia (of which 75% are companies and entrepreneurs, average CO2 emissions of ICE+CNG+LPG+MHEV+HEV+PHEVs over 133 g/km) continue to buy new internal combustion cars with more powerful engines (with higher fuel consumption and emissions) than clients in Austria (129), according to registration and fleet emissions statistics of two neighboring, similarly mountainous countries for 2024
February 19, 2025 | 02:45pm CETflashread more
Smart Energy Week (H2 & FC Expo, PV Expo, Battery Japan, Smart Grid Expo, Wind Expo, Biomass Expo, Zero-E Thermal Expo, CCUS Expo), Green Transformation Week (Decarbonisation Expo, Circular Economy Expo) 2025: 1493 exhibitors, including ABB, AGC, Aisin, Analog Devices, Asahi Kasei, Bosch, Cellcentric, Dassault Systèmes, Dräger, e-Mobil BW, Forvia Faurecia, Fraunhofer ICT, Futaba Electric, Henkel, Hexagon, Hilite Automotive Technology, Hitachi, Honda, Horiba, IDTechEx, Itochu Ceratech, Kawasaki Hydrogen Road, Konica Minolta, Kubota, Kyocera Communication Systems, Mann+Hummel, Mitsubishi Electric, Mitsubishi Gas Chemical, Motherson Yachiyo Automotive Systems, NEC, Nippon Steel, Nitto Kohki, Polyplastics Evonik, Saft/TotalEnergies, Schaeffler, Sécheron, Seiki, Stäubli, Sumitomo Electric, Sumitomo Heavy Industries, Suzuki Shokan, Teijin Engineering, Tokai Rika, Toshiba, Toyota Motor, Toyota Tsusho and TÜV Rheinland, to join exhibition on renewable energy (hydrogen & fuel cells, photovoltaics, batteries, smart grids, wind, biomass, zero-emission thermal power generation, carbon/CO2 capture & utilisation & storage) and green transformation (decarbonization, circular economy) technologies in Tokyo, Japan (February 19-21)
February 18, 2025 | 11:51am CETflashread more
Coface CEE Top 500 Ranking 2024: Utilities and public services sector (70 largest firms, -12 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) decreased turnover by 6.8% to EUR 191 billion in 2023 (2022: EUR 205 billion), but number of employees grew slightly. Largest companies in sector include PGE Polska Grupa Energetyczna (EUR 22.11 billion, +31%; 42,552 people, +12%), MVM (EUR 13.27 billion, -33%; 18,691, +4%), Enea (EUR 10.14 billion, +46%; 17,853, +3%), Tauron Polska Energia (EUR 9.83 billion, +17%; 18,946, -26%), ČEZ (EUR 8.82 billion, +12%; 6,345, +8%), Polskie Sieci Elektroenergetyczne/PSE (EUR 6.09 billion, +4%; 2,937, +7%), Holding Slovenske elektrarne/HSE (EUR 5.12 billion, -8%; 226, +8%), ČEZ Prodej (EUR 4.88 billion, +32%; 1,181, -5%), Slovenské elektrárne (EUR 4.79 billion, -4%; 3,962, +2%), Slovenský plynárenský priemysel/SPP (EUR 3.92 billion, -1%; 727, +2%), ČEZ ESCO (EUR 3.89 billion, +53%; 296, +16%), Veolia Energia Polska (EUR 3.3 billion, +42%; 4,395, +2%), Innogy Energie (EUR 2.85 billion, -10%; 211, -4%), E.ON Energie (EUR 2.79 billion, +21%; 307, +12%), Alpiq Energy (EUR 2.69 billion, -61%; 48, -14%), MND (EUR 2.2 billion, -75%; 856, +4%), Engie Romania (EUR 2.16 billion, -29%; 831, +0%), ZSE Energia (EUR 2.07 billion, -11%; 304, +3%), Uniper Hungary (EUR 2.07 billion, -48%; 35, +0%), E.ON Energie Romania (EUR 2.07 billion, -25%; 679, +2%), E.ON Energiamegoldások (EUR 1.87 billion, -5%; 349, +4%), Stredoslovenská energetika (EUR 1.83 billion, +21%; 370, +2%), Pražská energetika/PRE (EUR 1.77 billion, +32%; 475, +1%), ČEZ Distribuce (EUR 1.53 billion, -18%; 4,606, +0%), Pražská plynárenská (EUR 1.09 billion, -17%; 487, +6%), E.ON Polska (EUR 1.06 billion, +1%; 420, +6%), ČEPS (EUR 896 million, -9%; 500, +0%), Východoslovenská energetika/VSE (EUR 891 million, -2%; 252, -3%), Veolia Energie ČR (EUR 805 million, +42%; 1,000, +0%), Engie Energy Management Romania (EUR 696 million, -57%; 0, n/a)
February 18, 2025 | 11:42am CETflashread more
JATO Dynamics: Sales (registrations) of new cars in Europe (28 countries) up by 0.9% to 12.91 million in 2024, of which 53.6% were SUVs (6.92 million, +4% – B-SUV 2.46 million, +5%; C-SUV 2.91 million, +4.8%; C/D-SUV 650,000, -1.7%; D-SUV 511,000, -1.3%; A-SUV/E-SUV 389,000), 41.5% hatchbacks, sedans, wagons (5.36 million, -3% – A-segment 542,000, -22%; B-segment 2 million, +1.3%; C-segment 1.79 million, -1.3%; D-segment 771,000, -3.3%, E-segment 257,000), 3.4% MPV (444,000, +5%), 0.7% sports cars (88,000, -10%), 0.7% vans (85,000, +12%) and 0.05% others (7,000, +11%)
February 18, 2025 | 11:31am CETflashread more
Unions and management of Hyundai plant in Nošovice, Czechia (Hyundai Motor Manufacturing Czech; Tucson, i30, i30 N, Kona Electric; 3,051 employees; average salary of blue-collar professions CZK 57,064/EUR 2,280 in 2024) not agreed on wage increases and new collective agreement, intermediary to be involved in negotiations. Current collective agreement valid until end of March. Ministry of Labor and Social Affairs of Czech Republic (MPSV) appointed mediator – Dominik Brůha, who already helped resolve dispute at company twice, unions (ZO OS KOVO Hyundai Czech) said
February 17, 2025 | 03:51pm CETflashread more
Škoda Auto delivered 926,600 vehicles to customers in 2024, representing increase of 6.9% (Octavia 215,700 cars, +12.4%; Kamiq 126,000, +8.2%; Fabia 117,100, +24.1%; Kodiaq 114,500, +8.1%; Karoq 109,400, +9.3%; Enyaq 79,500, -2.6%; Superb 72,800, +7.9%; Scala 56,300, -10%; Kushaq 19,300, -27.4%; Slavia 16,000, -19.6%). Sales in Europe (780,900, +10% – Germany 187,100, +18.5%; Türkiye/Turkey 42,200, +25.7%; UK 78,700, +11.9%; Poland 61,400, +13.9%; Spain 36,300, +20.6%; Czechia 84,500, -3.8%) and some Asian countries (Kazakhstan 1,400, new market) grew, India (36,000, -26.3%) and China (17,500, -23.1%) experienced decline. Our 2024 delivery success is best preparation we could have for another challenging year in 2025 and next growth phase of our internationalisation strategy in India (Kylaq), ASEAN (Vietnam) and Middle East, Zellmer said
February 17, 2025 | 03:39pm CETflashread more
JATO Dynamics: Electrified car (BEV, PHEV, HEV) market share in Europe (28 countries) increased by 1.2 pp to 34.5% in 2024 (2023: 33.3%) – BEV 15.4%, -0.3 pp; PHEV 7.3%, -0.4 pp; HEV 11.8%, +1.9 pp, while internal combustion engine vehicles (ICEs, including MHEVs) decreased by 1.2 pp to 62.7% (63.9%) – diesel 14.3%, -1.7 pp; petrol/gasoline 48.4%, +0.5 pp. Tesla (100%) has highest BEV penetration among top 10 best-selling carmakers, followed by Geely Group (41%), BMW Group (23%), Mercedes-Benz Cars (19%), Hyundai-Kia (13%), Volkswagen Group (13%), Stellantis (11%), Renault Group (8.6%), Ford (7.5%) and Toyota (3.2%). Of top 10 most registred models, two has electric (Tesla Model Y, Peugeot 208), two plug-in hybrid (VW Golf, Škoda Octavia) and three hybrid powertrain (Toyota Yaris Cross, Dacia Duster, Toyota Yaris)
February 17, 2025 | 03:25pm CETflashread more
Cebia Summary 4/2024: Average price of used cars sold in Czechia down by 6.8% y/y to CZK 284,000 (EUR 11,325) in 2024, stagnated during Q4 (16% up to CZK 100,000/EUR 4,000, 27% up to CZK 200,000/EUR 8,000, 23% up to CZK 300,000/EUR 12,000, 34% above CZK 300,000/EUR 12,000). One of reasons for price drop was decline in prices of new vehicles of some brands and models, which was also reflected in drop in price of nearly-new vehicles. Sales fell by 2.4% to 655,000 cars (2023: 671,000), supply increased by 3.56%. In terms of powertrain types, 47.23% of cars on offer had diesel, 47.21% petrol, 2.59% hybrid, 1.68% electric, 0.89% LPG and 0.02% other
February 13, 2025 | 01:27pm CETflashread more
SDA: Vehicle fleet in Czechia up by 175,464 units (+1.95%) to 9.16 million in 2024, including 125,061 cars (+1.9%) to 6.72 million. Average age increased by 0.29 year (+1.51%) to 19.51 years, by 0.27 year (+1.67%) to 16.48 years. Over past 10 years, 2.33 million vehicles (+34.12%) added to Czech roads, of which 1.79 million cars (+36.17%), average age up by 2.54 year (+14.97%) and by 2.42 year (+17.21%)
February 13, 2025 | 01:16pm CETflashread more
Financial Companies
Czech Leasing and Financial Association elected Board of Directors for next two years
April 21, 2017 | 12:52am CEToriginalLibor Bosak has been elected for the second time. Vice-Chairmans and Members of the Board...
read moreAutoBinck appointed new Mitsubishi Country Manager for Slovakia
April 6, 2017 | 01:28am CEToriginalRudolf Bobek is retiring after 20 years with AutoBinck Group. New head of sales of Mitsubishi vehicles in the Slovak market...
read moreLeasePlan named new Sales Director in Czech Rep
March 30, 2017 | 01:14am CEToriginalThe post has been taken over by a manager with extensive experience in banking and leasing services. Related personnel changes in LeasePlan Czech Republic...
read moreAutocentrum Barth increased car sales by 30% in 2016
March 29, 2017 | 02:32am CEToriginalDemand for new and used vehicles, the results of individual brands, Barth Operak operating lease, Barth Rent car rental, activities with motorcycles and caravans, plan for 2017...
read moreCzech Leasing and Finance Association appointed new Secretary
March 27, 2017 | 11:14pm CEToriginalJiri Pulz is leaving the post after more than 25 years, having held it since the creation of the association. His successor...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
read morePSA to buy GM Europe for EUR 2.2 billion
March 6, 2017 | 11:41pm CEToriginalIt includes Opel, Vauxhall and financial division. The financial partner, expected savings, horizon of the profit return, comments of KPMG, EY and Kelley Blue Book analysts...
read moreAuto Corson appointed new Managing Director of Carent Praha
March 5, 2017 | 09:42pm CEToriginalNews in 2017, Speed car rental with prices starting at CZK 340/day, Speed Card loyalty card, expansion of the Speed used car shop concept...
read moreConference on CNG and LNG in transportation to be held in Czech Rep
February 19, 2017 | 11:37pm CEToriginalPart of the 10th year will be an exhibition of companies from the NGV field. Date, program, participation fee, speakers from Audi, Porsche Holding, Ernst & Young, UAMK, AutoSAP or CPS...
read moreVolkswagen Financial Services rented dozens of cars to two large Czech companies
February 12, 2017 | 11:33pm CEToriginalThese have chosen operating leases and two Volkswagen Group brands. Clients, models, numbers of vehicles...
read moreAutoSAP: Vehicle production in Czech Rep increased by 8.2% in 2016
February 9, 2017 | 11:23pm CEToriginalWhile production of cars and trucks increased, production of buses and motorcycles recorded a decline. The 2017 outlook of AutoSAP, Komercni banka and PwC...
read moreHarley Extended Warranty: CarGarantie extended cooperation with Harley-Davidson in Europe
February 8, 2017 | 12:08am CEToriginalThe insurance company began offering extended warranties for new and used Harley-Davidson and Buell motorcycles in another Central European country. Parameters, details...
read moreFlexiPlan: LeasePlan introduced new product of mid-term car hire
January 18, 2017 | 02:13am CEToriginalIt bridges the gap between rental and operating leases. Possible uses, advantages (flexibility, unlimited mileage), implementation in individual countries, models, prices...
read moreNaOperak.cz: Another grabber for operating leases established in Czech Rep
January 15, 2017 | 11:10pm CEToriginalThe author of the project and his other activities, car and van brands offered, the most popular brands and models partners (leasing companies, dealers), target groups...
read moreWalmark entrusted car fleet in Czech Rep and Slovakia to LeasePlan
January 10, 2017 | 11:02pm CEToriginalIt happened shortly after the change of ownership. Leaseback, operating leases with open calculation, the number of cars, brands, the planned extension of cooperation to other countries, the former solution...
read moreVolkswagen Financial Services expects record operating profit in 2016
December 31, 2016 | 12:42am CEToriginalThis is due to growth in sales of vehicles including diesel ones and cost reduction...
read moreFairPlayAuto began to resell used luxury cars
December 14, 2016 | 11:38pm CEToriginalIt happened after two years of existence of the Internet company. The founders of the start-up, innovative website, business model, partners, the results so far...
read moreCar of the Year 2017 in Czech Rep: Car Importers Association wants to enhance poll
December 12, 2016 | 12:39am CEToriginalHowever, in the tender declared the association yet confirmed the existing agency, which in recent years contributes to the decline of the competition. Better media coverage, the changes among the sponsors...
read moreCarGarantie and BMW extended cooperation in Central Europe
November 28, 2016 | 11:40pm CEToriginalThe companies have expanded cooperation on one of the existing markets with further business segment. The country, product specifications...
read moreGenerali considers selling activities in 13 to 15 countries
November 24, 2016 | 03:12am CEToriginalIt does not plan dismissals, but does not exclude job cuts. Reasons, the countries concerned, reactions of the stock exchange, profile of the company with activities also in CEE...
read moreCarismo: Online platform for purchase and sale of checked used cars established in Czech Rep
November 22, 2016 | 11:46pm CEToriginalAuthors of the e-shop, business model, benefits, 200-point technical examination, offer, service prices, partners, external funding, upcoming expansion into the segment of new cars…
read moreCar4way to double fleet of shared cars
November 22, 2016 | 12:01am CEToriginalExpansion of the model range with electric, commercial and sports vehicles, expansion into other cities, prices and bonuses, partners, a shift from bound to free carsharing, visions and goals...
read moreCarGarantie: Average cost per claim rising slightly
November 21, 2016 | 11:40pm CEToriginalMost failures take place in areas of electrical, fuel and engine systems. Damages and claims in warranties for new and used cars...
read moreTransport Expo 2016: 10 commercial vehicle brands to be present at first year
November 15, 2016 | 02:55am CEToriginalOverall, the fair will present more than 30 exhibitors, including importers, dealers, leasing companies, insurance companies and other firms. Partners, the possibility of free admission...
read moreALD Automotive Fleet Awards 2016: Prizes for Company Car of the Year in Slovakia won by Volkswagen, Skoda, Nissan and Mercedes
November 3, 2016 | 01:07am CEToriginalOn the scoreboard of the 7th annual competition are also Audi, Hyundai, Peugeot, Ford and Dacia...
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