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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
CebiCat GT: Cebia launched online tool for used car valuation
May 6, 2016 | 02:15am CEToriginalIt is a self-learning program from market data. IT partner, properties, function of similar cars, access for corporate clients and public...
read moreDaimler to invest hundreds of millions of euros in Hungary
May 6, 2016 | 02:05am CEToriginalLocation, investment amount, allocation (body shop, assembly, technology), timing...
read moreLG Chem wants to build li-ion battery plant for EVs in Europe
May 5, 2016 | 02:55am CEToriginalThe location considered, capacity, the investment amount, timing, clients, factories on other continents, the considered plant of Samsung SDI in Europe...
read moreAutosalon Klokocka increased sales of new cars in 2015, vans declined
May 4, 2016 | 11:48pm CEToriginalThe results of individual brands, interest in used cars, support of a new racing team Racing 21 (Klokočka Skoda Czech National Team)...
read moreSDA: Registrations of new cars in Czech Rep up by 12.5% in April
May 4, 2016 | 11:31pm CEToriginalGrowth was driven by Hyundai, Dacia, Skoda, Mercedes, Peugeot and Audi. Commercial vehicles, consumer interest in operating leases, decline in short-term registrations, PwC comment...
read moreSeznam.cz Reporter: Seznam.cz made available analytical data of some services, including Sauto.cz
May 4, 2016 | 12:15am CEToriginalThe services concerned, microsite address, beta version, the source data, content of reports (brands, models of cars and vans, drives, years of manufacture, mileage), April statistics...
read moreMedea Research: Sales of new cars in Czech Rep up by 17.1% in April 2016
May 3, 2016 | 11:56pm CEToriginalGrowth was driven by Dacia, Skoda, Hyundai, VW, Mercedes, Renault, Audi, Peugeot and Toyota. Results of other brands, developments in vans, drop in special purpose registrations...
read moreScania appointed new PR and Marketing coordinator in Czech Rep
May 3, 2016 | 11:49pm CEToriginalHe has already had experience with the Volkswagen Group. The position in the Czech representation of the truck and bus maker Scania had been held by Ondrej Koubek, who...
read moreBMW Group to invest billions of euros in development of production network by 2019
May 3, 2016 | 01:17am CEToriginalInvestments in Germany and North America, expansion of the carbon fibre production, output in various factories in 2015...
read moreVolvo tests app replacing car key
May 2, 2016 | 11:23pm CEToriginalThe location, a development partner, functions, sharing of digital keys, its use including car rental, the risks, putting in series production, a one-time digital key...
read moreGE Capital renamed Czech branch to Moneta, intending to sell it on stock exchange
May 1, 2016 | 11:54pm CEToriginalNew names of auto finance companies GE Money Auto and GE Money Leasing, new websites, details, sales and IPO strategy...
read moreSkoda Auto appointed new head of product communications
May 1, 2016 | 11:37pm CEToriginalShe came to the Czech carmaker from Germany, while her predecessor moved in the opposite direction. Managers, companies, timing...
read moreSDA: 111 HEVs and 20 EVs registered in Czech Rep in March
May 1, 2016 | 11:24pm CEToriginalThe register newly included 361 vehicles powered by CNG and 50 LPG vehicles. Leaders of alternative drives, results in Q1...
read moreSales of Volkswagen Group continued to decline in March
May 1, 2016 | 11:12pm CEToriginalIt was the second decline in a row after the growth in January. Results in Q1, demand in individual markets, the growth of most brands led by Porsche...
read moreMedea Research: Sales of new cars in Czech Rep up by 16.2% in March
May 1, 2016 | 10:58pm CEToriginalGrowth was driven by Skoda, BMW, Ford, Kia, Mercedes or Peugeot. Results of other brands, developments in vans, drop in purpose registrations...
read moreSales of Skoda cars up by 4.2% in March
May 1, 2016 | 10:47pm CEToriginalIt is the fourth month of growth in a row driven by increased demand in major markets including Russia. Demand for the individual models, results in Q1...
read moreACEA: EU car sales up by 6% in March
April 29, 2016 | 02:50am CEToriginalMarket growth for 31 months in a row, the effect of Easter, results in individual countries, sales of carmakers, registrations of the Volkswagen Group, comments by KPMG, PwC and JPMorgan...
read moreZAP: Sales of new cars in Slovakia up by 16.4% in March
April 29, 2016 | 02:39am CEToriginalGrowth was driven by Suzuki, Kia, Opel, BMW, VW and Ford. Developments in vans, trucks and buses, registrations in Q1 2016...
read moreCars sales in China up by 6.8% in Q1
April 29, 2016 | 02:27am CEToriginalThe growth was supported by sales tax reductions and discounts. The results in February and March, the impact of the Lunar New Year celebrations, outlook...
read morePorsche Holding Salzburg took over Volkswagen brands distribution in one European country
April 27, 2016 | 11:56pm CEToriginalIt is the 15th country in the portfolio of the wholesale division. Country, brands, market share, timing, the previous importer, transfer of staff...
read moreBosses of Mitsubishi Motors apparently intend to resign because of scandal
April 27, 2016 | 11:49pm CEToriginalTiming, the US demand for new consumption tests, FY2015 financial results, outlook, decline in orders, possible financial aid from the group, another drop in shares...
read moreGermany introduced system of subsidies for purchase of EVs and HEVs
April 27, 2016 | 11:34pm CEToriginalThe government and some automakers will participate in it. The amount of contributions, timing, the amount allocated, the affected models, limits, criticism, the government's 2020 target, infrastructure development...
read moreSkoda Auto joined traffic accident research CzIDAS
April 27, 2016 | 02:13am CEToriginalIt was founded by CDV and IDIADA in 2011. The results from three regions of the Czech Republic, causes of accidents on the roads, the proposed measures, other Czech and European projects...
read moreNew Nissan dealership opened in Czech Rep
April 27, 2016 | 01:51am CEToriginalLocation, company and its other activities, experience with Japanese brands, history of the showroom, certification on EVs...
read moreMitsubishi manipulated car consumption tests for 25 years
April 26, 2016 | 11:02pm CEToriginalThe Japanese government set up a special group, whose task is to check the consumption data provided by other carmakers. Another drop in the shares of the company...
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