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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
HE3DA found investor for production of li-ion batteries
March 22, 2016 | 11:57pm CEToriginalPlant for production lines in the Czech Republic, licensed production of patented batteries worldwide, the investment amount, timing, HR, troubles of the co-owner with the law...
read moreOpel 24 Hours: Opel dealers sold over 2,000 cars in Czech Rep and Slovakia in one day
March 22, 2016 | 11:49pm CEToriginalRecord results in 2016, sales in the Czech and Slovak markets, demand for various models, comparison with the year 2015...
read moreDieselgate: VW dealers in US demand compensation for emissions scandal
March 22, 2016 | 11:11pm CEToriginalMeeting with the carmaker’s representatives, the proposed model, the financial support granted in the last six months, sales of the brand...
read moreSkoda Auto increased offer on wage growth
March 21, 2016 | 11:30pm CEToriginalThe reaction of the trade union, approaching an agreement only in specific points, the threat of strikes...
read moreVolkswagen gained more from LeasePlan sale than expected
March 21, 2016 | 11:16pm CEToriginalReasons, the completion of the transaction, the current profile of the largest lessor of cars in the world...
read moreGreenpeace: Two models of Opel and Smart not passed emission tests in Germany
March 21, 2016 | 11:05pm CEToriginalAccording to KBA, however, it was only the initial measurement from which conclusions can not be done. Affected models and engines, automakers' response...
read moreCzech government approved guarantees for Nexen Tire factory
March 21, 2016 | 10:50pm CEToriginalNow, the signing of a purchase agreement for the land will follow. Compensation to the Usti Region, timing, construction start...
read moreSkoda Auto reportedly planning first investment in China
March 21, 2016 | 03:08am CEToriginalReactions of the automaker, plans with partners, the volume and allocation of fund, the access to the joint venture, a plan of the Czech brand to increase sales in its biggest market...
read morePrague transport company cancelled tender for dozens of buses
March 21, 2016 | 02:48am CEToriginalReasons, size of the contract, the complaint of one eliminated candidate at antitrust authority, the testing of electric buses and Metrobuses...
read moreAutomakers in US agreed to introduce automatic braking
March 18, 2016 | 02:38am CEToriginalThe producers concerned, the timing for cars, vans and light trucks, accident statistics, criticism of the proponents of mandatory implementation of this technology...
read moreSkoda Auto operating profit in 2015 up by 12% with sales growth of 6.2%
March 17, 2016 | 11:55pm CEToriginalReasons, production, sales, profitability, investment, HR, the creation of reserves due to Dieselgate, partial application at Volkswagen...
read moreKia made changes in marketing in Czech Rep
March 17, 2016 | 11:11pm CEToriginalThe importer merged two departments, promoted one manager, while another leaves. Declared reasons, timing...
read moreKruger: BMW to slightly increase sales and profits in 2016
March 17, 2016 | 03:43am CEToriginalBusiness and financial results in 2015, fleet emissions, M and i-models, financing, DriveNow, HR, market risks, the 100-year company anniversary, the strategy for 2020/2025...
read moreACEA: EU car sales up by 14.3% in February
March 17, 2016 | 03:09am CEToriginalMarket growth for 30 months in a row, the results in individual countries, sales of automakers, registrations of Volkswagen Group, comments and views of KPMG and IHS Automotive...
read moreMaserati recalls 30,000 cars
March 16, 2016 | 11:48pm CEToriginalThis is due to unwanted acceleration of the vehicles, which Toyota had previously struggled with. Affected models and years of production, details of the problem and the measures, Brake Override System...
read moreRenault-Nissan and Rostec appointed new head of AvtoVAZ
March 16, 2016 | 11:38pm CEToriginalThe manager and his current position, timing, optimism about the development of the Russian market...
read moreMann+Hummel completed reorganization of top management
March 15, 2016 | 10:54pm CEToriginalSeven-membered Board of Directors, Frank B. Jehle's departure, Manfred Wolf's move to a newly acquired business, new heads for Automotive OEM, Automotive Aftermarket and Industrial Filtration...
read moreAutobond grew at double-digit pace in 2015
March 15, 2016 | 10:38pm CEToriginalRevenues, sales of new and used cars, the results of individual brands, Bond Auto+, extension of Bond Rent, changes in the dealer network, the plan for 2016, the 10th anniversary of the firm...
read moreCzech Rep bought dozens of Hyundai cars for road management and maintenance, some with all-wheel drive
March 15, 2016 | 10:26pm CEToriginalDetails of the contract, the number of cars, models and engines, the winning price including a service contract, widespread use...
read moreVolkswagen Financial Division increased profits in 2015 at double-digit pace
March 15, 2016 | 10:18pm CEToriginalCreating a reserve to cover any drop in the residual values of leased vehicles, drop in rating, outlook of Volkswagen Financial Services for 2016, problems in the BRIC markets...
read moreAmper 2016: Over 20 EVs and HEVs to be present at 24th year of fair
March 14, 2016 | 11:42pm CEToriginalBesides cars there will also be electric vans, motorcycles, bicycles and scooters. Conferences, the Toyota, Lexus, VW, Nissan, Kia, BMW, Tesla, Renault, Peugeot, Skoda vehicles at the Amper Motion...
read moreSales of Skoda cars up by 3.6% in February
March 14, 2016 | 11:35pm CEToriginalIt is the third month of growth in a row, driven by increased demand in major markets in Europe and China. Growth in the Middle East, interest in various models...
read moreDieselgate: Volkswagen's former employee in US accuses company of destroying scandal evidence
March 14, 2016 | 11:12pm CEToriginalThe automaker refused it. His name and former position, release date, circumstances...
read moreSmart Transport Robot: BMW began to use self-driving robots in logistics
March 14, 2016 | 03:38am CEToriginalLocation, supplier and its clients, characteristics and capabilities of autonomous robots, utilization of recycled BMW i3 batteries, expansion after pilot project, digitization of production...
read moreCzech Rep announced first grant call for EV purchase for companies
March 14, 2016 | 03:01am CEToriginalThe allocated amount, concerned cars and vans, the amount of aid, contributions to charging stations, regional constraints, timing, funding for the area of industrial production, projects competing...
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