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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
Czech Leasing and Finance Association appointed new Secretary
March 27, 2017 | 11:14pm CEToriginalJiri Pulz is leaving the post after more than 25 years, having held it since the creation of the association. His successor...
read moreHyundai suspended production at one factory in China
March 27, 2017 | 10:49pm CEToriginalThe location, declared reasons, the Korean-Chinese political situation, analyst comment...
read moreSeat to expand its SUV range to three models
March 26, 2017 | 11:38pm CEToriginalAnother two SUVs manufactured in Volkswagen Group plants in Europe will be added to the Ateca. Locations, first seven-seater SUV by Seat...
read moreDieselgate: EIB asked France to investigate loans granted to Renault
March 26, 2017 | 11:21pm CEToriginalThe bank fears that the carmaker used the loans to develop diesel engines allowing cheating during emission tests. The volume of loans...
read moreDozens of Czech companies supply components to Skoda Kodiaq
March 23, 2017 | 11:42pm CEToriginalThese include 3M, AGC, Benteler, Continental, Fehrer, Gumotex, Hella, HP-Pelzer, KS Kolbenschmidt, Mubea, Plastika, SaarGummi, TRW or Witte. Comment…
read moreHyundai to recall nearly 1 million cars
March 23, 2017 | 11:29pm CEToriginalReasons, region, models including hybrid vehicles, production years, timing...
read moreCar production in UK up by 8% in February
March 23, 2017 | 11:18pm CEToriginalAs exports went up by 13.4%, production for the domestic market fell by 7.4%. The influence of Brexit, SMMT’s comment...
read moreSkoda Auto operating profit increased by 30.8% at revenue growth of 9.8% in 2016
March 23, 2017 | 02:33am CEToriginalReasons, positive and negative effects, profitability, production, sales, RS penetration, investments, HR, change in methodology reporting, sale of a distribution company in Germany, the outlook for 2017...
read moreDieselgate: French prosecutor's office launched investigation of FCA
March 23, 2017 | 02:09am CEToriginalThe automaker has registered the initiation of the investigation and will continue to cooperate with the authorities...
read moreEC fined six car parts makers for cartel
March 22, 2017 | 11:06pm CEToriginalThe companies concerned, products, supplies for eight automakers, duration, the amount of sanctions...
read moreKruger: BMW to increase EV and HEV sales by 60% in 2017
March 21, 2017 | 11:44pm CEToriginalBusiness and financial results in 2016, fleet emissions, financing, HR, goals for 2017, model offensive in 2017-2018...
read moreSales of Skoda cars up by 3.1% in February
March 21, 2017 | 10:38pm CEToriginalIt was the 15th growth in a row. Sales in individual markets, growth in the Czech Republic, a fall in China, demand for various models, the first month of sales of the Kodiaq SUV...
read moreAmper 2017: 25th year of fair to be attended by over 30 EVs and HEVs
March 20, 2017 | 11:00pm CEToriginalBesides cars, it will be vans, motorcycles, bicycles and scooters. The conferences, Toyota, Lexus, Nissan, VW, Audi, Volvo, Land Rover, Hyundai, Kia, BMW or Tesla cars at Amper Motion...
read moreDieselgate: French authority ceased investigation of Opel because of emissions of diesel cars
March 20, 2017 | 10:25pm CEToriginalIt did not reveal any evidence of fraud during the investigation. The Office also reported that it did not plan any further action against the German carmaker...
read moreEC fined cartel agreement on purchase prices of batteries for recycling
March 20, 2017 | 10:07pm CEToriginalOne company avoided the fine, as it had warned of the cartel. Companies concerned, countries, duration, means of communication, the amount of sanctions, the size of the EU market...
read moreChassix wants to build plant in Eastern Europe
March 20, 2017 | 12:53am CEToriginalThe planned location, amount of investment, size of the factory, products, HR, timing, results in 2016...
read moreRenault Trucks to create several hundred of jobs in 2017
March 19, 2017 | 11:39pm CEToriginalReasons, locations, affected positions, business results in 2016...
read moreMagna selects location in Europe for its second plant for contract car production
March 17, 2017 | 01:57am CEToriginalThe factory in Austria is running at full capacity. Considered location, amount of investment, HR, capacity, four stages, state aid...
read moreToyota to invest EUR 275 million in UK
March 17, 2017 | 01:46am CEToriginalLocation, car production on a new platform, the importance of duty-free and barrier-free access to European markets after Brexit...
read moreMarchionne still interested in merging FCA with GM
March 17, 2017 | 01:37am CEToriginalThis even after the sale of Opel to PSA. The US carmaker is not interested, according to its president...
read moreSkoda Auto launched assembly of Kodiaq in another country
March 16, 2017 | 01:39am CEToriginalLocation, partner, production plan in the Czech Republic in 2017, the start of production in a third country, the most desirable version, orders received in February...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
read moreCar sales in Germany fell by 2.6% in February
March 15, 2017 | 11:43pm CEToriginalThe slump was also seen both in the production and exports. The influence of number of working days, the demand for individual brands, orders, results over two months...
read moreDieselgate: First Czechs filed lawsuit for compensation against Volkswagen and Skoda Auto
March 15, 2017 | 02:47am CEToriginalThe representing company and law firm, the amount requested, competent court, analysis by Oxera Consulting, reaction of carmakers...
read moreInteraction increased turnover by 8% in 2016
March 15, 2017 | 02:30am CEToriginalCooperation with the Volkswagen Group in a project of certified tin and paint shops, construction of a new educational center, Lakyrnik Camp, the 25th anniversary...
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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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