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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 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% 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
Folbrecht (Skoda): Half of cars might be sold with alternative drive in Europe in 2030
October 19, 2016 | 12:59am CEToriginalUpcoming CO2 fleet emission targets for the years 2025 and 2030, the experts’ estimates, depression of diesel engines, electricity and gas potential, McKinsey study...
read moreBednarz: Production of Tatra trucks to grow by tens of percent in 2016-2017
October 18, 2016 | 11:38pm CEToriginalResults in Q1-3, overcoming 2015, two- to three-shift operation by the department, HR, average wages, investment not only in manufacturing...
read moreACEA: EU car sales up by 7.2% in September
October 18, 2016 | 11:28pm CEToriginalA record September, second month of growth in a row, results in individual countries, sales of carmakers, registrations in Q1-3, KPMG outlook for 2016 and 2017...
read moreHyundai Capital gained banking licence for EU
October 17, 2016 | 11:55pm CEToriginalHeadquarters of the European branch, capital, timing, financial and insurance services, website, first countries being expanded, current partners for funding of Hyundai and Kia brands, GE divestment...
read moreUnions: PSA prepares fourth wave of layoffs
October 17, 2016 | 11:38pm CEToriginalThe automaker has dismissed 17,000 employees since 2013. Location, timing, number of jobs, form of the departures, the alleged reasons (Brexit, diesel cars), profit in H1, dividends...
read moreEmil Frey closed dealership of another brand in Czech Rep
October 17, 2016 | 11:22pm CEToriginalBrand, location, reasons, related personnel changes, further showroom utilization, dealer situation in the region...
read moreVolkswagen plans to cut costs again
October 17, 2016 | 12:11am CEToriginalInternal meeting of top management, the challenge to reduce material and overhead costs, high expenditures on the Dieselgate solution...
read moreSales of Skoda cars rose by 14.4% in September
October 16, 2016 | 11:57pm CEToriginalIt is the 10th month of growth in a row, driven by increased demand in most markets. The new record month, interest in various models...
read moreCar sales in Germany rose by 9.4% in September
October 16, 2016 | 11:50pm CEToriginalOn the contrary, production and exports slumped. Registrations of individual brands, results in Q1-3, orders, VDA and Ernst & Young outlook for Q4 and entire 2016...
read more2016 Nitra Motor Show: Exhibitors present over 20 car brands
October 14, 2016 | 03:52am CEToriginalThe companies and brands, indoor and outdoor exhibitions, concept, entertainment, patronage, prices, tickets draw, the balance of 2015...
read moreAutotym began offering services for owners selling used car
October 14, 2016 | 02:23am CEToriginalTarget group, range and price, protocol, packages for buyers, outgoing sites, partners, the penetration of financing, business and financial results, personnel changes, a TV show, upcoming products...
read moreMorawiecki: Poland attracted automotive investment from US
October 14, 2016 | 02:09am CEToriginalThe country is leading talks about further investment with a Japanese carmaker. Daimler engine plant in Jawor...
read moreBrno to hold conference on automotive industry in Czech Rep and Central Europe
October 13, 2016 | 03:28am CEToriginalSpeakers from Skoda, Hyundai, TPCA, Kia, Jaguar Land Rover, Iveco, Tatra, KPMG, Brano, ESAB, Motor Jirkov, Minerva or CzechInvest; announcement of the Enterprise of the Year...
read moreOsterloh: Volkswagen could cut jobs through early retirements
October 13, 2016 | 03:12am CEToriginalDiscussion about austerity measures at the main brand VW, details of the proposal for next 10 years...
read moreToyota recalls 340,000 Prius cars
October 13, 2016 | 02:00am CEToriginalIn connection with the problem it received reports of accidents, injuries and deaths. Details of the defect, affected models and model years, the regions and the number of cars...
read morePlan of Iveco Bus to build test track in Czech Rep complicated
October 11, 2016 | 11:46pm CEToriginalIt may not be able to be built in the originally planned location. Reasons, expansion of the Czech plant...
read moreCSU: Car prices in Czech Rep up m/m in September 2016
October 11, 2016 | 11:36pm CEToriginalNew and used cars became more expensive, while motorcycles became cheaper. Increase in prices of servicing and spare parts, detailed data, y/y development...
read moreRenault to strengthen position in AvtoVAZ
October 11, 2016 | 11:26pm CEToriginalDetails of the recapitalization of the Russian automaker, changes in shareholdings, outlook for the Russian car market in the years 2016-2017...
read moreVolvo Car wants to take 400 engineers
October 10, 2016 | 11:46pm CEToriginalIt intends to strengthen its efforts to develop safety technologies, autonomous driving and electrification. Locations, timing, new R&D centre...
read moreSales of cars and vans in Russia fell by 18% in August
October 10, 2016 | 11:33pm CEToriginalAccelerating the pace of decline, growth in demand for Skoda cars, results for eight months, AEB outlook for 2016...
read moreBNP Paribas expands its insurance company Greenval Insurance in Europe
October 10, 2016 | 03:35am CEToriginalEntry to the Czech and German markets, products, insurance portfolio, IT, collaboration with Arval, current business results in the Czech Republic, further expansion...
read moreOne facility of Skoda Auto hit by fire in Czech Rep
October 10, 2016 | 03:04am CEToriginalNobody was injured. Location, the facility concerned, the cause of the fire, the extent and amount of damage...
read moreDaimler to spend USD 28.5 million on settlement of charges in US
October 10, 2016 | 01:52am CEToriginalThe division and products concerned, the amount of the fine and the cost of emission reduction…
read moreVolkswagen recalls 334,000 cars in North America
October 9, 2016 | 11:08pm CEToriginalThe automaker has not yet specified whether the recall will affect other countries. Reasons, potential risk, VW and Audi models, years of production...
read more2017 Brno Motor Show: Veletrhy Brno published dates, earlier than declared
October 6, 2016 | 11:57pm CEToriginalIt will take place within two weeks. Historically the most attractive offer of BVV, demand from manufacturers and importers of cars, vans, trucks and buses, the brands decided, expected attendance...
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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 17, 2025