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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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
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 CETflashread more
Institutions
Autofox Helps: European Commission to donate EUR 14 million to Ukraine for school buses
December 29, 2022 | 10:57pm CETpublicAt the same time, EC is calling on public and private entities in the EU and beyond to join forces and show solidarity, by donating in the coming months buses that are essential to bring Ukrainian children safely back to their schools. Details of the campaign, joint initiative with the First Lady of Ukraine Olena Zelenska on the rehabilitation of damaged Ukrainian schools...
read moreAutofox 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 moreČSÚ: Prices of cars in Czechia rose m/m in June 2019
March 11, 2020 | 03:50pm CEToriginalPrices of both new and used cars rose. Raising of motorcycle, car repair services and spare parts prices, detailed data, y/y development...
read morePorsche Holding Salzburg bought further dealer group in Italy
February 10, 2020 | 10:46pm CETpublicCompany, locations, brands, sales and financial results, previous acquisitions of Eurocar Italia, growth in recent years...
read moreČSÚ: Car prices in Czechia dropped m/m in May 2019
February 10, 2020 | 10:12pm CEToriginalBoth new and used car prices fell. Raising of motorcycle, spare parts and car repair services prices, detailed data, y/y development...
read moreČSÚ: Car prices rose m/m in Czechia in April 2019
December 4, 2019 | 11:14pm CEToriginalWhile new cars fell in price, the prices of used ones went up. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read moreČSÚ: Car prices rose m/m in Czechia in March 2019
October 23, 2019 | 09:02pm CEToriginalWhile new cars rose in price, the prices of used ones did not change. Increase in motorcycle, spare part and car repair service prices, detailed data, y/y development...
read moreČSÚ: Car prices in Czechia decreased m/m in February 2019
May 23, 2019 | 11:36pm CEToriginalUsed cars shown a greater price decrease compared to the new ones. Price cuts at motorcycles and spare parts, price increases in service works, detailed data, y/y development…
read moreMitsubishi Electric launched construction of integrated starter-generator (ISG) plant for mild hybrids in Czechia
May 20, 2019 | 09:47pm CETpublicLocation, hall size, investment amount, start of production, HR, environmental protection measures...
read moreČSÚ: Car prices in Czechia increased m/m in January 2019
April 11, 2019 | 10:55pm CEToriginalUsed cars became more expensive than the new ones. Increase in motorcycle, servicing and spare parts prices, detailed data, y/y development…
read moreCSU: Car prices increased by 0.6% in Czechia in 2018
February 17, 2019 | 10:49pm CEToriginalWhile the prices of new cars increased, the used ones became cheaper. Development at motorcycles, servicing and spare parts, detailed data, development in December...
read moreDura Automotive acquired new orders, plans to invest tens of millions of dollars in Czechia
April 19, 2018 | 11:21pm CEToriginalNew projects for European automakers, business and financial results of Czech factories, HR, wage increase, products and clients, investment incentive from CzechInvest...
read moreMagna to invest EUR 40 million in Czechia
April 19, 2018 | 12:36am CEToriginalLocation, construction of halls, timing, products, HR, R&D investments, clients, production plan, no use of recruitment agencies...
read moreUS aluminum, steel duty should not affect Czech auto parts makers
March 26, 2018 | 01:08am CEToriginalThe problem could arise after a possible imposition of car duties. Statements of Magna, Grammer, Brisk, Bosch and SaarGummi representatives...
read moreHrkal: Mitsubishi plans to build tire factory, considering Czechia
March 26, 2018 | 12:45am CEToriginalOne of the considered locations, the area requested, the activity of CzechInvest...
read moreEC: Six countries not yet implemented Vehicle Technical Qualification Directive
February 13, 2018 | 10:58pm CEToriginalThe delay has been 8 months now. The countries concerned, including Czechia and Slovakia, legislation related to all road vehicles, the deadline for a response...
read moreChamber of Deputies endorsed draft amendment to Road Traffic Act in Czechia
February 5, 2018 | 12:13am CEToriginalMeasurement of emissions at separate stations as well as MOT stations, a change after a transition period, making odometer fraud more difficult…
read moreEC penalized Scania for participating in cartel
January 4, 2018 | 09:20pm CEToriginalHowever, Scania then appealed against the fine. Details of the statements of the commission and the company...
read moreBMW allegedly to build polygon in Czechia to test self-driving cars
December 13, 2017 | 11:34pm CEToriginalNeither the carmaker nor the state's representatives commented on the information. Location, amount of investment, HR, timing, upcoming special press conference...
read moreEC fined five makers of car safety equipment for cartel
November 28, 2017 | 11:42pm CEToriginalThe affected, mostly Japanese suppliers, components, four forbidden agreements, timing, amount of sanctions, affected automakers...
read moreEC to fine seat belt, airbag manufacturers
November 21, 2017 | 10:42pm CEToriginalThe investigation has been running for more than six years and concerned the Swedish company Autoliv or several Japanese firms...
read moreRacing Expo 2017: First year of Motor Sport Fair held in Czechia, in parallel with Transport Expo
November 13, 2017 | 11:11pm CEToriginalDate, location, exhibits, exhibition director, exhibitors, partners, expected attendance, admission, Transport Expo 2016 balance...
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 more2017 Prague Motor Show: 25 exhibitors presented 45 brands of cars, moped cars
October 8, 2017 | 11:53pm CEToriginalAmong them were dealers, manufacturers, independent dealers and car rentals. Other exhibitors, car novelties, test drives, Mini Autosalon for kids...
read moreMédea Research: Sales of new cars in Czechia increased by 14.4% in August 2017, registrations dropped
October 4, 2017 | 01:50am CEToriginalSales growth was driven by Škoda, Ford, VW, Dacia and Seat. Kia was not successful. Development in vans, significant decline in special-purpose registrations, eight-month results...
read more
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
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
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.03 USD
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1 EUR = 25.27 CZK
1 EUR = 4.26 PLN
1 EUR = 412.65 HUF
Source: ECB, January 17, 2025