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Czech Insurance Association: Martin Diviš (Kooperativa) re-elected as president of ČAP for next two years, Roman Juráš (Generali Česká pojišťovna) and Dušan Quis (Allianz) as vice-presidents. Nine-member presidium to be completed by Rastislav Havran (Uniqa), Jiří Střelický (ČSOB Pojišťovna), Yoram Schwarz (NN), Pavel Wiesner (Česká podnikatelská pojišťovna/ČPP), Dominik Štros (Colonnade Insurance), Libor Dvořák (ERV Evropská pojišťovna)
December 20, 2024 | 05:41pm CETflashread more
ACEA: New car registrations in EU down by 1.9% in November (Volkswagen +4.1%; Stellantis -10.1%; Renault +8.3%; Toyota +17.3%; Hyundai -13.4%; BMW -6.5%; Mercedes-Benz -0.6%; Ford -8%; Volvo Cars +13.3%; Tesla -40.9%; Nissan -18.1%; Suzuki -0.02%; SAIC -7.8%; Mazda -14.7%; Jaguar Land Rover -7.1%; Mitsubishi -24.2%; Honda -18%), individual fuel/power types successful differently (BEV -9.5%, PHEV -8.8%, HEV+MHEV +18.5%, FCEV+NGV/CNG+LPG+biofuel/ethanol -10.1%, petrol -7.8%, diesel -15.3%)
December 20, 2024 | 05:34pm CETflashread more
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% to 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
Operating Sphere
UniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read moreStackmann: Seat to expand model range by compact SUV
March 27, 2014 | 01:27am CEToriginalDevelopment in Spain, timing, the probable location of production, entry of Seat to a new and growing segment...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreEC launched investigation of automotive exhausts manufacturers
March 25, 2014 | 10:58pm CEToriginalRaids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read moreUnions: Volkswagen offered shorter shifts and reduced wages to Slovak employees
March 23, 2014 | 11:50pm CEToriginalThe trade union refused that and threatened the company with a strike. Strike emergency, talks through an intermediary, the average salary in Volkswagen Slovakia in 2013...
read moreToyota to pay USD 1.2 billion for completion of investigation in USA
March 23, 2014 | 11:39pm CEToriginalThe carmaker has admitted providing U.S. clients with misleading information about the problems contributing to unintended acceleration of cars. The lawsuits...
read moreHyundai introduced several innovations in car sales in Czech Rep and Slovakia
March 20, 2014 | 11:36pm CEToriginalNew sites Hyundai.cz and Hyundai.sk, English version, the upgraded car configurator, tablets with the Showroom application for salespersons, supplier of IT solutions...
read moreSkoda Auto Vrchlabi trade unions to leave KOVO union
March 20, 2014 | 11:09pm CEToriginalThey are following a trade union in Mlada Boleslav. The situation in the carmaker’s third Czech factory, reduced membership fees, savings...
read moreVarroc to invest EUR 50 million in Czech Rep by 2016
March 19, 2014 | 11:48pm CEToriginalInvestment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
read moreGerman court dismissed complaint of investment funds against Porsche SE
March 19, 2014 | 11:27pm CEToriginalHowever, Porsche SE is facing other lawsuits in connection with the planned takeover of Volkswagen. Funds, required compensation...
read moreEC punished five companies for market cartel with automotive bearings
March 19, 2014 | 11:18pm CEToriginalOne company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
read moreHyundai Motor Group wants to expand production in Central Europe
March 19, 2014 | 03:06am CEToriginalThe automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
read moreVolkswagen to build new plant in Poland
March 18, 2014 | 11:38pm CEToriginalThe location, the amount of investment, the plant size, models produced, HR, timing, related personnel changes...
read moreCar sales in EU up by 8% in February
March 18, 2014 | 11:22pm CEToriginalThis is the sixth consecutive month of growth. Influences (warm winter, natural disasters), a decline in France, a significant growth of Skoda and Dacia brands, KPMG’s comment...
read moreJTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep
March 18, 2014 | 12:19am CEToriginalThe plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
read moreUniCredit to incorporate leasing companies into bank in Central Europe
March 17, 2014 | 10:46pm CEToriginalThis step was preceded by an integration of banking activities in the Czech Republic and Slovakia into one firm in 2013. The countries, details, timing, effects...
read morePSA to introduce third shift in Sochaux
March 17, 2014 | 10:35pm CEToriginalThe reason is the high initial demand for the new Peugeot 308 and the production start of the station wagon. Timing, HR, growth in production, orders, new engines...
read moreWinterkorn (Volkswagen): Skoda Auto to produce another model in Kvasiny
March 16, 2014 | 11:57pm CEToriginalAnnouncement of the new investment comes at a time when Skoda Auto is leading talks on a new collective agreement with the union. The alleged offer of the company after the 4th round of negotiations...
read moreBMW to move production of one model in Europe
March 16, 2014 | 11:42pm CEToriginalThe model, affected factories, timing, Strategy Number One, reduction of the number of platforms in the BMW Group, upcoming models...
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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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Source: ECB, January 21, 2025