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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
CSU: Car prices in Czech Rep up m/m in February 2016
March 14, 2016 | 02:40am CEToriginalBoth new and used cars became more expensive. Conversely, motorcycles, servicing and spare parts became cheaper. Detailed data, the annual development...
read moreDieselgate: Volkswagen allegedly intends to cut 3,000 jobs in administration
March 10, 2016 | 11:55pm CEToriginalThe countries concerned, timing, protection of regular employees against dismissal, the general situation in HR...
read moreCourt to soon decide in case of stolen navigations and other auto parts
March 10, 2016 | 11:46pm CEToriginalThose indicted are Czech car dealer NH Car and several people. Details of the prosecution and defence, the first court hearing...
read moreF-M Campus: Federal-Mogul upgraded its educational portal
March 10, 2016 | 11:33pm CEToriginalTarget groups, new functionalities, online courses, the language versions including Czech, website, compatibility with major platforms...
read moreDieselgate: Germany already investigates 17 employees of Volkswagen
March 10, 2016 | 11:15pm CEToriginalTheir number has thus tripled. However, none of the investigated is from the top management of the carmaker...
read moreVolkswagen appointed new head of Scania
March 10, 2016 | 11:06pm CEToriginalThe company promoted its own employee and also appointed him to the Board of Volkswagen Truck & Bus Holding. Temporary CEO Per Hallberg...
read moreAutoBinck to stop selling one brand
March 10, 2016 | 03:43am CEToriginalThe brand concerned, country, reasons, timing, sales results in recent years, continued operation of a service centre, the use of the showroom...
read moreVolkswagen facing accusations of tax evasion in India
March 10, 2016 | 03:25am CEToriginalDetails of the accusation also related to Skoda cars, authorities request for additional payment of tax and fine, reaction of the automaker...
read moreCB Auto to build two new showrooms in Czech Rep
March 10, 2016 | 03:15am CEToriginalLocations, brands, the modernization of other showrooms, business and financial results in 2014 and 2015, participation in the concept of Skoda fleet centres...
read moreOne Skoda dealer in Czech Rep opened giant used car showroom
March 8, 2016 | 11:47pm CEToriginalThe company, location, capacity, exposition on several floors and the roof, HR, current offer, including one-year old cars in Skoda Plus program, financial results...
read moreDieselgate: Allianz allegedly to bring action against Volkswagen due to declining stocks
March 8, 2016 | 11:38pm CEToriginalAllianz is to bring an action as the carmaker’s minority shareholder, although the two companies are partners in the automotive insurance. The amount of damage, timing...
read moreFederal-Mogul reorganized in Aftermarket in Europe
March 8, 2016 | 11:20pm CEToriginalThe company created new regional headquarters, to which certain personnel changes were related. Details, the situation in the Czech Republic and Slovakia...
read moreBo Andersson to leave AvtoVAZ
March 7, 2016 | 11:07pm CEToriginalHe has led the Russian automaker for two years. Reasons, timing, successor, support from shareholders, a plan for layoffs...
read moreAuto Palace increased car sales and turnover in Czech Rep at double-digit pace in 2015
March 7, 2016 | 10:56pm CEToriginalInterest in new and used vehicles, the results of individual brands, sales in Slovakia, HR, 25 years of AutoBinck in Central Europe...
read moreBritish automotive industry supports remaining of country in EU
March 7, 2016 | 10:47pm CEToriginalAccording to SMMT, Brexit might endanger jobs and investments. Results of a survey among automakers and suppliers, BMW and GM's attitude, the term of a referendum…
read moreMotosalon 2016: Czech motorcycle trade fair visited by 60,000 people in Brno
March 6, 2016 | 11:48pm CEToriginalArea, exhibitors and brands, comparison with the year 2015 in Prague, the power of social networks, Motorcycle of the Year 2016, comments by exhibitors, effort to restore Autosalon...
read moreBosch looks for dozens of people for one plant in Czech Rep
March 6, 2016 | 11:35pm CEToriginalLocation, positions, HR, recruitment in 2015, new orders, expansion of R&D centre, increasing the number of women in leadership positions, Ladies Club, upcoming corporate kindergarten...
read moreLMC Automotive: Car sales in Western Europe rose by 13.8% in February
March 6, 2016 | 11:25pm CEToriginalFaster growth, registrations in five biggest markets, the outlook for 2016, the possible negative effects...
read moreVolkswagen published new dates for annual results and General Meeting
March 6, 2016 | 11:14pm CEToriginalCEO also pointed out that the costs associated with Dieselgate could be higher than EUR 6.7 billion. The results of the internal investigation...
read moreSDA: Registrations of new cars in Czech Rep up by 17.8% in January
March 3, 2016 | 11:49pm CEToriginalGrowth was driven by Skoda, Peugeot, Kia, Mercedes, Audi, Hyundai, Renault, Citroen and Ford. Growth was also recorded in commercial vehicles. Decline in registrations of buses, results in the first two months...
read moreSkoda Auto and unions did not agree on new collective agreement for now
March 3, 2016 | 11:31pm CEToriginalThe proposals of both parties, the issues (tariff wages, duration, atypical shift models, bonus for the 25th anniversary of the takeover by Volkswagen), the current average wage in manufacturing...
read moreDieselgate: Volkswagen head notified of issues about emissions in 2014
March 3, 2016 | 11:18pm CEToriginalHowever, it is not clear from the communications of the carmaker who sent the email or whether Winterkorn read it. Another revelation in the investigation, responses to the information at stock exchange...
read moreDieselgate: German court rejected client request for alleged unmarketable car repurchase by VW dealer
March 3, 2016 | 05:01am CEToriginalDetails of the first trial in Germany, the judge reasoning, the deadline to settle the dispute, the plaintiff response, automaker's statement, the situation in the United States...
read moreSelf-driving Google's car got into another accident
March 3, 2016 | 04:41am CEToriginalWhile previous accidents were accidental, the latest will probably be classified as culpable. Circumstances, comment of the company, software changes, a shift in US legislation...
read moreCar sales in Germany rose by 12.1% in February
March 3, 2016 | 02:40am CEToriginalFaster growth pace, registrations of individual brands, superfast growth of electric car manufacturer Tesla, results in the first two months...
read more
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