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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
Czechoslovak Group to resume production of Avia vehicles in few months
September 1, 2016 | 12:02am CEToriginalThis will happen elsewhere in the Czech Republic. Moving of technologies, models, HR, timing, production plans, the new head of Avia Motors, R&D, logo, 100th anniversary, the fate of the original complex in Prague...
read moreK2 Group wants to expand further, hired consulting firm
August 31, 2016 | 12:21am CEToriginalIt set the new management. Details, the group profile, including a motorcycle dealerships, spare parts distributor and distributor of machine components...
read moreVolkswagen Group sales fell by 0.6% in July
August 30, 2016 | 11:49pm CEToriginalThe first decline after three months of growth, demand in individual markets, the growth of most brands, results in seven months...
read moreSDA: 102 HEVs and 14 EVs registered in Czech Rep in July
August 30, 2016 | 11:31pm CEToriginalThe registry also newly includes 212 vehicles powered by CNG and 45 LPG vehicles. Leaders of alternative drives, results in seven months...
read moreVolkswagen plans to suspend production of one model in Germany
August 29, 2016 | 11:56pm CEToriginalThe affected model, the plant, timing, reasons, alleged volume of production...
read moreJATO: Car sales in Europe fell in July for first time in three years
August 29, 2016 | 11:47pm CEToriginalInfluences, developments in individual countries, results of brands, the most popular models, results in seven months, comments and views...
read moreToyota resumed production in Venezuela after six months
August 29, 2016 | 11:11pm CEToriginalThe carmaker had to stop production due to lack of foreign currency in the country to pay for imports of components. Total car production in H1, resume of Toyota's vehicle exports...
read moreVolkswagen dispute with two suppliers allegedly hit production of 22,000 Golf and Passat cars
August 28, 2016 | 11:49pm CEToriginalProduction stoppage will probably be caught up within a few weeks. The estimated amount of losses...
read moreFord introducing pre-collision assistant with pedestrian detection for vans in Europe
August 28, 2016 | 11:36pm CEToriginalFirst models, part of the adaptive cruise control, price, AEB's history at the Ford brand, the new engine 2.0 EcoBlue Euro 6, declared savings for customers...
read moreSkoda Kodiaq Coupe to follow quickly after Kodiaq, small crossover later
August 28, 2016 | 11:28pm CEToriginalThe agreement with a Chinese partner on deepening cooperation within the introduction of Skoda's new models into the largest market in the world...
read moreDieselgate: Volkswagen agreed with dealers on compensation in USA
August 25, 2016 | 11:22pm CEToriginalThe alleged amount of compensation, repurchase of unserviceable cars from dealers, fund for contributions, the need of the agreement approval by the court...
read moreHanon Systems fined in Czech Rep
August 25, 2016 | 11:15pm CEToriginalThe manufacturer of automotive components did not appeal against the fine. Reasons, location, the amount of the sanction...
read moreSales of Skoda cars increased by 1% in July
August 25, 2016 | 11:00pm CEToriginalIt is the eighth month of growth in a row driven by increased demand in Asia and Eastern Europe. The fall in Central and Western Europe, interest in various models...
read moreBenteler to build two new plants in Central Europe
August 25, 2016 | 12:51am CEToriginalThey will fall into two divisions – Automotive and Distribution. Locations, products, timing, HR, expansion of a plant in the Czech Republic...
read moreProduction of Volkswagen in Germany could return to normal in few days
August 24, 2016 | 11:48pm CEToriginalThe company has resumed full production in one factory in Slovakia. Details…
read moreVolkswagen agreed on settlement with ES Automobilguss and Car Trim
August 24, 2016 | 01:19am CEToriginalThe agreement envisages the conclusion of long-term partnership between the carmaker and both suppliers, restoring the supply of components as quickly as possible...
read moreNielsen Admosphere: Volkswagen increased investments in car advertising most in Czech Rep in H1, followed by Toyota and Renault
August 24, 2016 | 12:14am CEToriginalOne-digit market decline, ad volume of 10 most promoted brands, results of an online survey among consumers...
read moreUnions and management of Czech plant of Toyota and PSA agreed on new collective agreement
August 23, 2016 | 11:39pm CEToriginalValidity longer than one year, the 13th salary increase, the introduction of a bonus for the amount of cars produced, senior program, new shift model, timing...
read moreDispute of Volkswagen with two suppliers affected one plant in Slovakia
August 23, 2016 | 11:29pm CEToriginalLocation, products, number of employees affected by the restrictions on production...
read moreDieselgate: Bosch collaborated with Volkswagen on emission falsifying, say lawyers of diesel car owners
August 23, 2016 | 11:15pm CEToriginalThey refer to the documents that the automaker handed over to the plaintiff. Formal charges against Bosch has not been brought yet...
read moreVolkswagen dispute with two suppliers also affected one plant in Czech Rep
August 22, 2016 | 11:57pm CEToriginalLocation, concerned operation, missing components, the threat of restrictions on the production of Skoda cars, statement of the Czech automaker...
read moreLack of parts from two suppliers threatens production of cars and components in six Volkswagen plants in Germany
August 22, 2016 | 11:48pm CEToriginalThe affected factories and models, timing, HR, a dispute over the cancelled contract worth hundreds of millions of euros, criticism of the supply system of components...
read morePrague announced tender for renewal of part of municipal police fleet
August 22, 2016 | 11:34pm CEToriginalThe size of the contract divided into several parts, types and numbers of vehicles, estimated value...
read moreDieselgate: KBA allowed Volkswagen to adjust additional 140,000 diesel cars
August 22, 2016 | 11:19pm CEToriginalThe automaker can thus recall about 5.2 million vehicles affected by the affair in Europe. Details…
read moreKirchhoff Automotive looking for new suppliers
August 21, 2016 | 11:53pm CEToriginalRequested product, details of a tender, timing, mediation by CzechTrade, a meeting with potential suppliers in the Czech Republic...
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