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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
Henniges Automotive wants to expand plant in Czechia
November 21, 2018 | 11:44pm CEToriginalLocation, new halls and production lines, HR, timing, amount of investment, products and clients, R&D center enlargement, suppliers…
read moreInsurance companies in Czechia raised prices of damage liability in 2018
November 19, 2018 | 11:21pm CEToriginalThe increase of insurance premiums by units to tens of percent according to risk, reasons, situation in commercial vehicles and fleet clients, statements of individual companies...
read moreBroadcom demands Volkswagen to pay USD 1 billion in patent dispute
November 15, 2018 | 09:30pm CEToriginalAt the same time, the company is threatening to demand a court suspension of the production of several VW, Audi and Porsche models. An earlier lawsuit against Toyota and Panasonic...
read moreConstellium opened second plant in Czechia
October 14, 2018 | 08:48pm CEToriginalLocation, the amount of investment, expansion of the first factory, timing, HR, target capacity, a shift from semi-finished to machined parts…
read moreBöhm Plast-Technik changed ownership structure
September 11, 2018 | 07:06pm CEToriginalThe original and new shareholder structure, reasons, transaction advisor, products and clients, revenues in 2017, HR...
read moreBosch cut down number of process errors in DNOx production by half in České Budějovice, Czechia
September 6, 2018 | 06:15pm CEToriginalThe elimination of defective work is helped by the data analysis and the neural network in the plant. Current monthly production, clients, financial results in 2017…
read moreCars on Riverside 2018: Seven brands added, two dropped out compared to last year
August 30, 2018 | 03:24am CEToriginalThe second year should host over 100 cars and vans of 25 brands and 9 groups. Details, accompanying program, partner, estimated attendance of the first year...
read moreŠkoda chose two new agencies for marketing communication
August 30, 2018 | 02:26am CEToriginalOne has already been working for the Volkswagen Group, the other recently joined Europe. Joint venture in Czechia, the previous agency, a new advertising agency in Germany...
read moreGumotex won big contract from Volkswagen Group
August 28, 2018 | 08:39pm CEToriginalProducts, volume, models, timing, investments in automation and robotics, integration of the company UP Závody, a new director of the Automotive Division...
read moreNippon Kayaku restored production in Czech plant Jablůnka in facility previously hit by explosion
August 23, 2018 | 05:25pm CEToriginalProducts affected, clients, current production capacity, full scale capacity plan, cause of explosion, renaming of Indet Safety Systems, new president, HR...
read moreAutomakers: Fall of Turkish lira to be unlikely reflected in prices of cars, vans imported to Czechia in 2018
August 23, 2018 | 05:11pm CEToriginalToyota, Ford, Fiat, Hyundai or Renault vehicles are produced in Turkey. Statements of the importers...
read moreToyota, PSA changed recruitment strategy in Czech plant
August 20, 2018 | 04:43pm CEToriginalPrevious and present status, cooperation with personnel agencies, new vice president of TPCA...
read moreHyundai increased starting, basic salary along with transport allowance in its Czech plant
August 20, 2018 | 04:24pm CEToriginalThis concerns both permanent and agency staff. Details, increase in holiday length, average monthly income in the Nošovice factory in 2017...
read moreAuto Esa opened branch in ninth city in Czechia
August 20, 2018 | 04:14pm CEToriginalLocation, offer, services, HR, the company's first roofed used car shop…
read moreKažimír: Slovakia is in finals for fifth automaker
June 5, 2018 | 07:58pm CEToriginalAccording to the Slovak Minister of Finance, everyone knows it and many people drive in its vehicles. Possible investors, the considered site, timing of the announcement...
read moreDieselgate: Porsche recalls 60,000 cars due to illegal emission measurement software
June 5, 2018 | 07:38pm CEToriginalAffected models and engines, numbers of cars, investigation of managers, arresting the head of powertrain development...
read moreChina to reduce duty on imports of cars, auto parts
May 28, 2018 | 11:53pm CEToriginalOriginal and new tariffs, timing, negligible impact of the measure, the current import volume...
read moreAutofox Advert: Autofox expands advertising services with Autofox Offer and Autofox Order
May 14, 2018 | 10:38pm CEToriginalMediation of instantly available products/services and orders, new business opportunities for those who supply as well as demand, benefits for Autofox News subscribers, innovated banner advertising Autofox Banner, outline of the near future...
read moreUnion of Czech plant of Automotive Lighting announced strike alert
May 9, 2018 | 11:02pm CEToriginalNegotiations on a new collective agreement, trade union requirements, mediator's request, average wage, alleged breaching of the current collective agreement...
read moreBosch extended pre-retirement program in one plant in Czechia
May 6, 2018 | 10:09pm CEToriginalTiming, employee interest, social program costs, new collective agreement, wage increase, changes in employment contracts, employee loans...
read morePSA to produce Peugeot, Citroën vehicles in UK
April 24, 2018 | 01:02am CEToriginalLocation, the amount of investment, timing, models, volume, HR, government support, insecurity associated with Brexit...
read moreChina to abolish obligation for foreign companies to create joint ventures in vehicle, ship, aircraft production
April 24, 2018 | 12:53am CEToriginalTiming for passenger and commercial vehicles, electric cars and plug-in hybrids, comments...
read moreDura Automotive acquired new orders, plans to invest tens of millions of dollars in Czechia
April 19, 2018 | 11:21pm CEToriginalNew projects for European automakers, business and financial results of Czech factories, HR, wage increase, products and clients, investment incentive from CzechInvest...
read moreMagna to invest EUR 40 million in Czechia
April 19, 2018 | 12:36am CEToriginalLocation, construction of halls, timing, products, HR, R&D investments, clients, production plan, no use of recruitment agencies...
read moreUS aluminum, steel duty should not affect Czech auto parts makers
March 26, 2018 | 01:08am CEToriginalThe problem could arise after a possible imposition of car duties. Statements of Magna, Grammer, Brisk, Bosch and SaarGummi representatives...
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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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EXCHANGE RATES
1 EUR = 1.03 USD
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Source: ECB, January 17, 2025