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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 37% 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
Operating Sphere
Jiri Kaluzik to leave Gumotex, both in terms of property and personnel matters
May 30, 2016 | 12:17am CEToriginalTiming, prepared management model, shareholder history, financial results in 2015, the new director of the Automotive Division since 2015, the future direction of Kaluzik...
read moreOne manager left Czech representation of BMW Group
May 29, 2016 | 11:56pm CEToriginalShe held the position for several years, being responsible for three brands. At present, the automaker is selecting her successor. Temporary successor...
read moreSales of Skoda cars rose by 5.6% in April
May 29, 2016 | 11:29pm CEToriginalIt is the fifth month of growth in a row, driven by increased demand in major markets in Europe and China. Growth in Russia and Ukraine, the interest in various models...
read moreTukas Group announced upcoming brands, to double dealer portfolio
May 27, 2016 | 03:54am CEToriginalBrands concerned, showroom locations, recruitment of new employees for sales and service, suspension of operation of a filling station...
read moreBarth motorcycle rental expanded fleet
May 26, 2016 | 11:47pm CEToriginalIn addition to Yamaha and Triumph, there is now a third brand as well. Offered models, prices, the launch of a separate website...
read moreCeska zbrojovka increased automotive production by 7% in 2015
May 26, 2016 | 11:35pm CEToriginalPlan for the year 2016, production of aluminium fittings for HVAC systems, new orders from Europe and North America, expansion machinery equipment, participation in trade fairs...
read morePSA to build engine plant in Central Europe
May 26, 2016 | 12:29am CEToriginalLocation, produced aggregates, strategy in drives, the end of diesel-electric hybrids, model offensive by 2021...
read moreToyota and Uber agreed on ridesharing collaboration
May 25, 2016 | 11:51pm CEToriginalAt the same time, Toyota Financial Services together with one investment fund aim to invest in this expanding taxi platform. Leasing offers, fleet program, details...
read moree-CMP: PSA and Dongfeng to develop platform for EVs of B and C-segments
May 25, 2016 | 11:22pm CEToriginalTiming, brands concerned, agreement on HR (temporary replacement of employees, procedure sharing), a new medium-term plan for the JV in China...
read moreGlobal Automotive Components and Supliers 2016: Five companies from Czech Rep to be presented there
May 25, 2016 | 05:39am CEToriginalThese include Ceska zbrojovka/CZ-Auto and Tomatex Otrokovice. Location, dates, list, expected turnout of visitors...
read moreAlcar made changes in logistics in Central Europe
May 25, 2016 | 12:32am CEToriginalClosure of one warehouse, supplying two countries from one place, the impact on delivery times for B2B clients, annual sales of the wheels of seven brands...
read moreUS began to investigate Volkswagen for patents associated with HEVs
May 25, 2016 | 12:21am CEToriginalThe complaint was filed by US company Paice, which had previously led a similar dispute with Japanese carmaker Toyota Motor. Group brands concerned, the requirement of Paice...
read moreAutoBinck started selling cars via Internet
May 23, 2016 | 11:57pm CEToriginalThe first country, brands and models concerned, target group, purchase details, evaluation of the pilot operation, extension of the service, e-shop for spare parts...
read moreSafarcik: Nissan to introduce new sales concept of commercial vehicles in Czech Rep
May 23, 2016 | 11:45pm CEToriginalDetails, sales performance in the years 2015-2016, the modernization of the dealer network, vacant sites, licence for EVs, expansion of replacement car fleet, involvement in the e-Sumava project...
read moreDieselgate: Germany allegedly discovered software for emissions handling in some FCA models
May 23, 2016 | 11:28pm CEToriginalReactions of the automaker and stock exchange, the alleged results of the KBA investigation, a threat of banning sales of cars in the country, analysts' comment...
read moreScania started to supply service centres in Czech Rep and Slovakia with spare parts also on weekends
May 22, 2016 | 11:57pm CEToriginalThe improved logistics in cooperation with partners, shortened working hours of weekend repairs for trucks and buses, the specific situation in the Czech and Slovak service centres…
read moreRCI Banque changed corporate identity, including commercial name, logo and website
May 22, 2016 | 11:39pm CEToriginalDetails, business results of Czech and Slovak branches in 2015, new financial products in 2016, an online calculator of instalments...
read moreGM to indemnify customers in North America due to overrated consumption data
May 22, 2016 | 11:29pm CEToriginalThe countries concerned, models and the number of cars, the amount of deviation, justification, the amount and form of compensation, the impact on the financial results, the request from the EPA...
read moreVolkswagen agreed with unions in Germany on new collective agreement
May 22, 2016 | 10:07pm CEToriginalThe agreement covers about 120,000 employees of factories in the west of the country. Validity, wage increases in two phases, an extension of part-time employment, bonuses for 2015...
read moreDieselgate: Germany discovered high CO2 emissions in more than half of vehicles tested
May 22, 2016 | 09:52pm CEToriginalMinistry of Transport, however, did not disclose the relevant models. The publication of a comprehensive report, the result of a meeting with Opel, cancelled meeting with FCA...
read moreOne plant of Ideal Automotive in Czech Rep hit by fire
May 20, 2016 | 03:19am CEToriginalNobody was injured. Location, the facility and its equipment, the cause of the fire, the extent and amount of damage...
read moreDieselgate: Germany has doubts about Opel emissions system
May 20, 2016 | 03:04am CEToriginalThe affected models, government deadline for the provision of technical information, reaction of the carmaker...
read moreSuzuki Motor acknowledged irregularities in testing of emissions and consumption
May 19, 2016 | 10:49pm CEToriginalAccording to the Department of Transportation, Mitsubishi and Suzuki are the only carmakers that used incorrect measurement methods in Japan. The Suzuki car models concerned and their number...
read moreStromcek: Slovakia is close to large investment
May 19, 2016 | 12:10am CEToriginalIt concerns a supplier of Jaguar Land Rover, which will build a factory in the country. The amount of investment, plant location, HR…
read moreCzechInvest: Several Chinese industrial companies consider expansion into Europe, interested in Czech Rep
May 18, 2016 | 11:57pm CEToriginalCzechInvest's mission focused on the automotive industry and other industries, locations, timing...
read more
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