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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
Sales of Skoda cars up by 2.1% in March
April 28, 2017 | 01:10am CEToriginalThis was the 16th growth in a row. Sales in individual markets, growth in Russia, decline in China, interest in individual models, results in Q1, comments, performance of Yeti's successor...
read moreAutoBinck looking for new Auto Palace head for Czech Rep and Slovakia
April 27, 2017 | 01:15am CEToriginalThe current Managing Director of the Retail Division on both markets, Ralph Howie, has decided to take a new challenge outside Europe...
read morePSA extended three-shift operation in one plant
April 27, 2017 | 01:05am CEToriginalLocation, timing, reasons, HR, partner personnel agencies, manufactured models, orders...
read moreHavex and Imofa increased car sales by 6.9% in 2016
April 26, 2017 | 01:01am CEToriginalRecord year, sales of new and used vehicles, interest in individual brands, investment in modernization of showrooms, plan for 2017, fleet business, online service calculator...
read moreTesla recalls 53,000 cars
April 26, 2017 | 12:51am CEToriginalReasons, models, years of production, problematic components, supplier...
read moreMagna won contracts for Jaguar and Toyota EVs
April 24, 2017 | 11:28pm CEToriginalThey have been added to the production for BMW EVs. Deliveries from the Czech Republic, location, components, HR, work offer to young people from children's homes, scholarship program and internships...
read moreAutobond grew at double-digit pace in 2016
April 24, 2017 | 11:12pm CEToriginalRevenues, new and used car sales, results of individual brands, extension of Bond Rent, entry into the 7th city in the Czech Republic, establishment of the first subsidiary, organizational changes, plan for 2017...
read morePSA published actual car consumption data
April 24, 2017 | 10:54pm CEToriginalModels and versions concerned, real consumption calculator in the first six European countries, cooperation with non-governmental organizations, Bureau Veritas overseeing...
read moreSkoda has Future: Skoda launched advertising portal in Czech Rep with job offers in dealerships
April 23, 2017 | 11:57pm CEToriginalFiltering options, current offer of vacancies in the network of 230 car showrooms and service shops, the most demanded professions, the offer of practical training for students...
read moreVZP wants to expand in car insurance
April 23, 2017 | 11:48pm CEToriginalCNB damage liability license for a subsidiary, enhancement of equity, present and new products, timing, clients, business plans, target group...
read moreCitroen introduced My Citroen mobile app in Czech Rep
April 23, 2017 | 11:31pm CEToriginalThe application allows a range of services and functions in the field of maintenance, operation, localization, assistance or consultancy...
read moreAAA Auto: Used car offer in Czech Rep increased by 17% in 2016
April 23, 2017 | 11:15pm CEToriginalPrice development, average age and mileage, Top 10 models, situation in December, offer in other countries of Central Europe, activities of the repurchasing department...
read moreCzech Leasing and Financial Association elected Board of Directors for next two years
April 21, 2017 | 12:52am CEToriginalLibor Bosak has been elected for the second time. Vice-Chairmans and Members of the Board...
read moreACEA: Car sales in EU rose by 11.2% in March
April 21, 2017 | 12:44am CEToriginalFifth growth in a row, Easter impact, results in individual countries, growth in Central Europe, sales of automakers, commentary and outlook of KPMG...
read moreBMW to lend 11 EVs to police in Czech Rep
April 19, 2017 | 10:53pm CEToriginalModels, locations, use, timing, participating dealers, police fleet renewal with green vehicles...
read moreLMC Automotive: Car sales in Western Europe rose by 10.3% in March
April 19, 2017 | 10:33pm CEToriginalDemand in individual countries, the fall in four countries, results in Q1...
read moreMarchionne: FCA no longer seeks partner for further merger
April 18, 2017 | 11:39pm CEToriginalThe Italian carmaker will focus on developing its business plan. The plan to reduce debt, uncertainty...
read moreHyundai and Kia to recall nearly 1.5 million vehicles
April 18, 2017 | 11:09pm CEToriginalThe reasons, countries, models, the number of cars, the details of the measure...
read moreAutoBinck appointed new Marketing and PR Manager of Mitsubishi Motors in Czech Rep
April 18, 2017 | 12:08am CEToriginalHe has experience from several Asian car brand importers. His profile, timing...
read moreCar sales in Germany rose by 11.4% in March
April 17, 2017 | 11:45pm CEToriginalGrowth was also seen in production and export. The influence of number of working days, demand for individual brands, orders, results in Q1...
read morePrague Municipal Police to acquire 66 new vehicles, mostly of Hyundai brand
April 13, 2017 | 01:58am CEToriginalApart from Hyundai cars these will be the VW and Ford minibuses and vans. Number of vehicles, winning prices…
read moreCSU: Car prices in Czech Rep fell m/m in March
April 11, 2017 | 10:54pm CEToriginalUsed cars became cheaper than new ones. An increase in prices of motorcycles and servicing, decline in prices of spare parts, detailed data, y/y development...
read moreCar sales in China increased by 4% in March
April 11, 2017 | 10:40pm CEToriginalRegistrations in Q1, best quarter since 2014...
read moreHyundai and Kia sharply reduced production in China
April 11, 2017 | 12:41am CEToriginalLocations, sales in March, the impact on suppliers, activities of the Chinese government...
read moreCar sales in Russia rose by 9.4% in March
April 11, 2017 | 12:31am CEToriginalThe first quarterly growth in more than four years, automakers' results, comments and views of AEB...
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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Source: ECB, January 17, 2025