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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 14% 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
SMMT: Newly announced automotive investments in UK dropped sharply in H1
July 6, 2017 | 11:55pm CEToriginalThe result of the referendum on Brexit, an estimate for the whole year 2017, the country's attempt to remain a member of the customs union, a fall in car production in April and May...
read moreVolkswagen supposedly overvalued sales
July 3, 2017 | 11:55pm CEToriginalThe automaker did not comment on it. Country, brands, timing, number of cars, departure of head of the local representation...
read moreACEA: Car sales in EU rose by 7.6% in May
July 3, 2017 | 11:34pm CEToriginalReturn to growth, results in individual countries, demand in Central Europe, automakers' sales...
read moreSDA: 270 HEVs and 36 EVs registered in Czech Rep in May
July 2, 2017 | 11:49pm CEToriginal284 CNG-powered cars and 119 LPG cars were added to the registry. Leaders of alternative drives, first Mini hybrid, results over 5 months...
read moreSales of vehicles in China dropped by 0.1% in May
July 2, 2017 | 11:27pm CEToriginalSecond drop in a row, registrations over 5 months, demand for sedans and SUVs, truck sales...
read moreLMC Automotive: Sales in Western Europe up by 7% in May
June 30, 2017 | 06:50am CEToriginalDemand in individual countries, drop in four states, results in 5 months, comment...
read moreSales of Volkswagen Group up by 3.1% in May
June 30, 2017 | 06:37am CEToriginalFirst growth after one month drop, demand in individual markets, growth in all major regions, sale of individual brands, results in 5 months, comment...
read moreCar sales in US down by 1% in May
June 30, 2017 | 06:22am CEToriginalFifth fall in a row, carmakers’ results, change in the position 1, outlook of LMC Automotive for 2017...
read moreDaimler prepares investment in Czech Rep
June 29, 2017 | 01:22am CEToriginalLocation, distribution and retail division, demand for Mercedes-AMG cars, management of the new regional headquarters for Central Europe...
read moreSales of Skoda cars rose by 2.4% in May
June 29, 2017 | 01:10am CEToriginalThis is the 18th growth in a row. Sales in individual markets, growth in Russia, decline in China, interest in individual models, sale of the Kodiaq SUV for the first three months, comment...
read moreCar sales in Germany rose by 12.9% in May
June 29, 2017 | 12:52am CEToriginalProduction and export also recorded growth. Impact of working days, demand for individual brands, orders, results for five months...
read moreEurop Assistance succeeded in LeasePlan's tender for car assistance provider in Czech Rep
June 28, 2017 | 12:11am CEToriginalScope of services, timing, previous partner of leasing company...
read moreBusinessRent: Business Lease opened car and van rental in Czech Rep
June 27, 2017 | 11:57pm CEToriginalThe fleet including EVs, CNG vehicles and cars for the disabled, prices, benefits, utilization possibilities, Tesla EVs at RentPoint car rental...
read moreNew institute for car emission measurement to be established in Germany
June 27, 2017 | 11:45pm CEToriginalEmissions will be measured in real traffic, not in laboratories. Timing, supervisory board, budget, financing, recent tests by German authorities, consideration of restriction of diesel cars in cities...
read moreTakata declared bankruptcy and applied for protection from creditors
June 26, 2017 | 10:48pm CEToriginalThe company also announced a deal on the sale of most assets. The buyer, price, promise not to close any plant and not to dismiss employees, the factories in Europe including the Czech Republic...
read moreVolkswagen agreed with unions of Slovak plants on new collective agreement
June 26, 2017 | 10:29pm CEToriginalThe strike ended after six days and the factory in Bratislava restored full production. Agreement details...
read moreDeloitte: Brexit can threaten thousands of jobs in German automotive industry
June 26, 2017 | 12:26am CEToriginalEstimated growth in German car prices in the UK, expected decline in sales, revenues and profits, whole study...
read moreCzech ambassadors in Europe to replace BMWs with Skoda cars
June 25, 2017 | 11:35pm CEToriginalOne Czech brand dealer succeeded in a tender. Models, numbers of cars, frequency of renewal, contract validity...
read moreTakata allegedly to ask for bankruptcy protection from creditors in few days
June 22, 2017 | 11:35pm CEToriginalSubsequently, the company will pursue a bailout from one Japanese bank. The company’s comment...
read moreTesla reportedly to soon close deal to build plant in China
June 22, 2017 | 11:19pm CEToriginalLocation, timing, avoidance of import duty, business results in the country in 2016, entry of Chinese investor...
read moreMBtech to expand one development centre in Czech Rep
June 21, 2017 | 11:31pm CEToriginalLocation, new halls, amount of investment, services, timing, HR, clients...
read moreMitsubishi Motors began to offer branded insurance in Czech Rep
June 21, 2017 | 11:05pm CEToriginalThe partner is Uniqa, which has long-term and rich experience with branded insurance. Details of the cooperation and the product Mitsubishi insurance including PAYD/PHYD…
read moreShandong Linglong Tire wants to build two more plants, one in Europe
June 21, 2017 | 01:36am CEToriginalDetails of the strategy, sites considered, amount of investment, HR, timing, R&D, orders from carmakers and retailers, results in 2016, plan for 2017, targets for 2020...
read moreEmployees of Volkswagen car plant in Slovakia started to strike
June 21, 2017 | 01:18am CEToriginalThe number of participants, impact on production of individual models, absence of agency staff, management response, explosives inspection, situation in other factories, company holiday...
read moreJaguar Land Rover wants to double production in UK by 2020
June 20, 2017 | 03:08am CEToriginalAt the same time, the company wants to hire several thousand people, especially technical specialists. Business and financial results, investments in FY 2017/2018...
read more
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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...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
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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