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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
Federal Mogul opened new plant in Eastern Europe
April 25, 2016 | 10:44pm CEToriginalDevelopment company WDP and engineering firm Tebodin participated in the construction of the factory. Location, size, products, HR...
read moreCEZ E-mobility: CEZ announced tender winner for new supplier of fast charging stations
April 25, 2016 | 10:22pm CEToriginalThe company and its profile, parameters of chargers, contract duration, doubling the number of charging points in the short term, the change in electricity accounting in H2...
read moreCSU: Car prices in Czech Rep fell m/m in March 2016
April 25, 2016 | 10:05pm CEToriginalDifferent development for new and used cars, increased prices of motorcycles, servicing and spare parts, detailed data, the y/y development...
read moreCo-owner of Tatra bought Avia
April 24, 2016 | 11:53pm CEToriginalPrice, the resumption of production, timing, production plan, outlets, profile of Czechoslovak Group, possible synergies, KPMG comment...
read moreAikawa: Mitsubishi consumption scandal seems to relate to more models
April 24, 2016 | 11:27pm CEToriginalThe affected models including EVs also sold outside Japan, shares slump, a comment of the Japanese government, activities of authorities in the United States...
read moreDieselgate: Daimler began internal investigation regarding emissions
April 24, 2016 | 11:14pm CEToriginalIt happened at the request of the US. Investigation focuses on the process of certification of exhaust emissions from diesel engines. Actions of owners of Mercedes diesel cars...
read moreDieselgate: German automakers to recall 630,000 vehicles in Europe due to emissions
April 24, 2016 | 10:59pm CEToriginalSimilar measures have been promised by some foreign manufacturers, too. The carmakers concerned, KBA test results, details of the recall...
read moreSkoda is preparing production of aluminum chassis
April 22, 2016 | 02:50am CEToriginalIn the first phase, the automaker could produce some body parts from this lightweight metal. Location, investment amount, timing, details of the technology, energy performance...
read moreInfiniti dealership closed in Czech Rep
April 21, 2016 | 11:54pm CEToriginalAuthorized service of this premium brand of the Nissan group moved. The location, use of the empty showroom...
read moreJapanese authorities raided Mitsubishi over falsified tests
April 21, 2016 | 11:43pm CEToriginalThe suspension of trading in shares, decline for the last two days, government ultimatum for the submission of the report, estimates of the costs/losses, external investigation...
read moreDieselgate: PSA raided in connection with emission tests
April 21, 2016 | 11:29pm CEToriginalThe carmaker said that its vehicles met emissions standards in all countries covered and was cooperating with French investigators. Visited R&D centres, tested models…
read moreDieselgate: Volkswagen agreed with US authorities to solve emissions scandal
April 21, 2016 | 11:19pm CEToriginalDetails of the framework agreement on 2.0 TDI engines, the settlement of class actions, the estimated cost for the carmaker, a commentary on Europe...
read moreSkoda Auto and unions concluded agreements on wages and working modes
April 21, 2016 | 02:01am CEToriginalThe wage agreement for two years, growth in tariffs, lump-sum payments, bonuses and rewards, the increase in contributions to pension savings, details of the agreement on flexible accounts...
read moreMitsubishi manipulated fuel consumption in tests
April 21, 2016 | 01:47am CEToriginalThe affected models also supplied to Nissan, the number of vehicles, years of production, markets, unveiling details, reaction of the stock exchange...
read morePenta bought Webfarm through media division
April 20, 2016 | 03:23am CEToriginalWebfarm operates two car advertising portals and provides software solutions for used car shops and dealers. Reasons, profile of the portals, partners...
read moreLMC Automotive: Car sales in Western Europe to grow by 7% in 2016
April 19, 2016 | 11:45pm CEToriginalImproved outlook, results in March and Q1, registrations in five major markets, the impact of Easter...
read moreDieselgate: System for falsifying emissions of Volkswagen Group vehicles apparently evolved by Audi
April 19, 2016 | 11:38pm CEToriginalCompanies did not comment on the information. Audi engineers reportedly created manipulative software already in...
read moreCDV: Losses from car accidents in Czech Rep up by 5% in 2015
April 19, 2016 | 11:28pm CEToriginalThe impact on the state and insurance companies, results in 2014 and 2015, developments in individual regions, aims until 2020...
read moreToyota recorded 32% increase in orders in Czech Rep in Q1
April 19, 2016 | 12:14am CEToriginalThe results of individual models, the growing interest in HEVs, registrations, new models in 2016...
read moreOne Czech manager left Mazda Motor
April 19, 2016 | 12:04am CEToriginalThe manager, position, location, new place of work partly connected to the automotive industry...
read moreUnions: Skoda Auto wants to introduce atypical shift modes in production
April 18, 2016 | 11:45pm CEToriginalDetails, locations, required compensation, ongoing wage negotiations, a proposal of a specific intermediary, the earliest possible strike date...
read moreVDA: March automotive results in Germany influenced by Easter
April 18, 2016 | 11:34pm CEToriginalProduction, export, orders and sales in March and in Q1, registrations of individual brands, a VW decline smaller than at many other brands...
read moreRobertson: BMW to soon expand online car sales to other countries
April 17, 2016 | 11:57pm CEToriginalResults of BMW Retail Online in the UK in the early months, functional support of BMW Genius specialists, the timing of the expansion...
read moreTukas Group recorded several personnel changes in management
April 17, 2016 | 11:48pm CEToriginalThey concern the entire group and the leasing company TT-Complex. The affected managers and positions...
read moreMarchionne continues to strive for FCA mega-merger with another large automaker
April 17, 2016 | 11:42pm CEToriginalFiat Chrysler Automobiles is burdened with one of the highest debts in the automotive industry and its European division achieves a slight profit. Options…
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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...
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
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1 EUR = 1.03 USD
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Source: ECB, January 17, 2025