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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
ACEA: Car sales in EU returned to growth in November
December 18, 2016 | 09:51pm CEToriginalIt happened after a one-month decline. Results in individual countries, sales of carmakers, registrations in 11 months...
read moreKaplan: Innogy to expand CNG stations network in Czech Rep by 50% in 2017
December 18, 2016 | 09:43pm CEToriginalPlanned investments, new filling machines in 2016, collaboration with Benzina, a new Innogy brand for part of the RWE activities...
read moreChinese companies apparently lost interest in Osram
December 16, 2016 | 03:29am CEToriginalThey respond to growing political resistance to investments from China, which is evident in Germany and the USA. The companies did not comment on the information. Interest in the Siemens's share...
read moreCSU: Car prices in Czech Rep increased m/m in November 2016
December 16, 2016 | 12:25am CEToriginalPrices of used cars went up more than the new ones. Increase in prices of motorcycles and servicing, cheaper spare parts, detailed data, the y/y development...
read moreCar sales in Germany rose by 1.5% in November
December 16, 2016 | 12:18am CEToriginalProduction and exports also recorded a growth. Registrations of individual brands, results in 11 months...
read moreGovernment approved measures to improve fleet in Czech Rep
December 14, 2016 | 11:49pm CEToriginalThe agreement of ministries, an analysis, support for the purchase of green cars and vans in the state administration, contribution to disposal of aged vehicles, bonuses and maluses in registrations, low-emission zones in cities...
read moreFairPlayAuto began to resell used luxury cars
December 14, 2016 | 11:38pm CEToriginalIt happened after two years of existence of the Internet company. The founders of the start-up, innovative website, business model, partners, the results so far...
read moreOnly one candidate for president of Czech Automotive Industry Association
December 13, 2016 | 11:57pm CEToriginalHe may not be elected next week though. Other items on the agenda of the meeting of AutoSAP Board of Directors...
read moreAudi chose new PR specialist in Czech Rep
December 13, 2016 | 11:38pm CEToriginalHe joins the premium brand, leaving two exclusive. He also has experience from motorsports, in which Audi is involved. His profile, timing...
read moreCar sales in UK rose by 2.9% in November
December 13, 2016 | 11:27pm CEToriginalDespite the uncertainty caused by the referendum on Brexit, it is approaching an all-year record. Results in 11 months...
read morePetr Neuman to leave Emil Frey
December 12, 2016 | 11:57pm CEToriginalHe will retire from this Swiss company after 25 years, founding and leading not only the Subaru distributor in the Czech Republic. Reasons, his successor with experience from many automakers...
read moreToyota appointed new head of joint venture in Czech Rep
December 12, 2016 | 11:40pm CEToriginalIt is a planned personnel change of Kenta Koide, who held the post for four years. His successor, Koide's new job...
read moreSkoda Auto won major contract in Czech Rep
December 12, 2016 | 11:29pm CEToriginalIt beat three dealers in the tender. The client, number and value of cars, models and specifications, warranty, tendered wholesale discount, timing, details of the contract...
read morePorsche faces suspicion of emissions handling in Germany
December 12, 2016 | 11:19pm CEToriginalKBA is examining their software, which measures the angle of the steering wheel. The automaker rejects the accusation. Similar investigation at Audi...
read moreCar of the Year 2017 in Czech Rep: Car Importers Association wants to enhance poll
December 12, 2016 | 12:39am CEToriginalHowever, in the tender declared the association yet confirmed the existing agency, which in recent years contributes to the decline of the competition. Better media coverage, the changes among the sponsors...
read moreHyundai ended production of one model in Czech Rep, replaces it with another
December 12, 2016 | 12:18am CEToriginalReasons, affected models, Hyundai i30 hybrid, timing, production plans of the Nosovice plant for 2016 and 2017, a decline in profitability...
read moreSales of cars and vans in Russia returned to growth after two years
December 12, 2016 | 12:05am CEToriginalResults in November and over 11 months, growth in demand for Skoda cars, AEB comment...
read moreDieselgate: EC started legal action against seven countries due to car emissions
December 8, 2016 | 11:56pm CEToriginalWhile there is lack of related legislation in the Czech Republic, Lithuania and Greece, four Western European states have it, having not applied sanctions. The reaction of individual countries...
read moreCode of Ethics: High Court in Prague decided on first dispute of Hyundai Motor Czech and former dealer about bills
December 8, 2016 | 11:45pm CEToriginalThe subjects concerned, details of the verdict, application to other disputes, abuse of the dominant market position, expression of the distributor and AMSP...
read moreSales of cars and vans in Poland rose by 19.4% in November
December 8, 2016 | 11:36pm CEToriginalAccording to the institute Samar, the growth was driven by companies and their demand for luxury cars. Results in 11 months, the most popular brands...
read moreKia to double investments in Slovakia in 2017
December 8, 2016 | 03:02am CEToriginalInvestments in the Zilina plant in 2016, the plan for 2017, HR, logistics, models, the most popular colours, the 10-year anniversary of production...
read moreDieselgate: South Korea fined Volkswagen for misleading advertising
December 8, 2016 | 02:46am CEToriginalAt the same time, it is going to submit a criminal complaint against five former and current executives of the local branch. The amount of the penalty, suspension of sales of most models...
read moreBMW Financial Division fined EUR 52 million
December 8, 2016 | 02:36am CEToriginalThe company provided car purchase loans even in cases where the buyer obviously could not afford a new car and was unable to repay the money. Country, the number of affected customers, timing...
read morePorsche Inter Auto appointed new head in Czech Rep
December 7, 2016 | 03:55am CEToriginalChristian Lang returns to the headquarters in Austria after five years, where he will take up the position with responsibility for multiple countries. Details…
read moreCaara.cz: Another service for purchase and sale of proven used cars via Internet established in Czech Rep
December 7, 2016 | 03:33am CEToriginalAuthors and investors of the start-up, its business model, benefits, guarantees, technical analysis of cars, the offer, partners, expansion throughout the country, sales plans...
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