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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
Volkswagen to interrupt production of Golf and Golf Sportsvan in Germany
August 21, 2016 | 11:38pm CEToriginalTwo suppliers continue to refuse to comply with the preliminary injunction by the court. Declared reasons, further possible steps of the carmaker, details...
read moreBrexit: Opel to cut production in Germany
August 21, 2016 | 11:24pm CEToriginalThe affected plants and models, the decline in demand in Great Britain, the weak pound, estimated losses, the need to reduce costs in Europe, the threat of termination of production in the UK...
read morePrevent Group strengthens its position in automotive industry
August 21, 2016 | 11:11pm CEToriginalThe company bought two German automotive suppliers. The affected firms, their profile, products, clients, HR...
read moreVolkswagen reduced production in Germany
August 18, 2016 | 11:49pm CEToriginalThe reason is disputes with two suppliers. The firms, components, factories, models, HR, timing, preliminary injunction by the court, searching for another suppliers...
read moreToyota Motor appointed new PR manager in Czech Rep
August 18, 2016 | 11:33pm CEToriginalShe will be responsible for both brands, coming to the Japanese automaker from an Austrian financial group. Details, Michal Velicka...
read moreCar sales in China rose by 23% in July, fastest in 3.5 years
August 18, 2016 | 11:17pm CEToriginalThe reason for this high growth is the reduction of the tax burden in October 2015 and a low comparative base. Demand over seven months, a sharp increase in the SUV segment...
read moreSixt recorded several personnel changes in Czech Rep
August 17, 2016 | 11:52pm CEToriginalTwo former managers of a competing company joined the Czech license holder of Sixt, while one left to a dealer. Details…
read moreAvtoVAZ to cut production again
August 17, 2016 | 11:34pm CEToriginalThis is due to continuing demand decline for cars in Russia. Details of the measure, timing, sales of Lada cars in 2016...
read moreSupreme Court: Companies obliged to return interests of credits with poorly calculated APR to clients
August 17, 2016 | 11:27pm CEToriginalHowever, Supreme Court did not address the correctness of APR calculations and delegated it to the lower courts. Details of the verdict, the threat of lawsuits from customers...
read moreRehau to expand one plant in Czech Rep
August 16, 2016 | 11:56pm CEToriginalLocation, new premises, installed machines, HR, timing, products and clients...
read moreMartin Jahn might leave post of president of Czech Automotive Industry Association
August 16, 2016 | 11:42pm CEToriginalVolkswagen has moved him from Germany to China. His tasks at the world's largest market, 2016 sales plans...
read moreNielsen Admosphere: Volkswagen increased investments in car advertising in Czech Rep most in 2015, followed by Nissan and Hyundai
August 16, 2016 | 11:23pm CEToriginalDouble-digit market growth, results of the 10 most-promoted brands, the most advertised models...
read moreToyota Motor recalls hundreds of thousands of cars for third time due to rear axles
August 16, 2016 | 08:21pm CEToriginalTwo previous recall actions have not solved the problem. The affected Toyota and Lexus models, including HEVs, the number of cars in the US, possible consequences...
read more2016 Prague Motor Show: Central-Bohemian car exhibition to be held in different month than last year, place to remain the same
August 15, 2016 | 11:55pm CEToriginalThe date before the Paris Motor Show, presentation of vehicles by dealers, the first year of the ecological traffic fair EkoAuto, nomenclature...
read moreAnton Fischer ceased car sales
August 15, 2016 | 11:43pm CEToriginalHyundai showrooms in South Bohemia were taken over by another dealer, who has operated only at one location so far. Details…
read moreDieselgate: Volkswagen gained approval from KBA to modify additional 460,000 diesel cars
August 15, 2016 | 11:28pm CEToriginalTherefore, the automaker can recall almost two thirds of the vehicles affected by the affair in Europe. Details…
read moreGM: Car sales in China might reach 30 million by 2020
August 15, 2016 | 11:11pm CEToriginalChinese market would thus increase by more than 20% in 5 years. The automaker expects the market to be full around 2025 at the earliest...
read moreAudatex: Average damage to crashed cars up by 7.5% in Czech Rep in 2015
August 15, 2016 | 01:07am CEToriginalDetails of the analysis of the cost of repairs, the number of accidents in each month, mostly crashed models and components...
read moreUniversity of Birmingham: Keyless unlocking of Volkswagen Group cars can be broken
August 15, 2016 | 12:55am CEToriginalThis applies particularly to older models and cars built on ending platforms. Details of the problem, the brands concerned, including Skoda, a former problem of the Hitag2/HT2 technology...
read moreSkoda Connect: Skoda to offer online services, initially in Kodiaq
August 12, 2016 | 12:02am CEToriginalSuppliers of the technology, introduction to other models, the affected services, Kodiaq’s launch, development of the SUV category in the Czech Republic, sales plans...
read moreCSU: Car prices in Czech Rep decreased m/m in July
August 11, 2016 | 11:32pm CEToriginalBoth new and used cars became cheaper, and on the contrary, prices of motorcycles went up. Service works and spare parts, detailed data, y/y development...
read moreSales of cars and vans in Russia down by 16.6% in July
August 11, 2016 | 11:19pm CEToriginalThe accelerated pace of decline, the growth of demand for Skoda cars, results over seven months...
read moreMartin Jahn moved to Asia within Volkswagen Group
August 10, 2016 | 11:57pm CEToriginalIt happened after six years at the headquarters of the German carmaker and a few months after electing as the president of the Czech Automotive Industry Association for the next two years...
read moreCSOB Leasing introduced special car credit for disabled and their carers in Czech Rep
August 10, 2016 | 11:27pm CEToriginalActivity within CSR, details of product Guardian, advantageous interest and insurance, examples of calculations for VW and Opel vehicles...
read moreAudi recorded changes in marketing in Czech Rep
August 10, 2016 | 11:08pm CEToriginalOne specialist left, his function has been taken over by a long-time employee of Porsche Czech Republic. A related tender...
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