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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
Nokian Tyres expanded cooperation with McCann
August 10, 2016 | 01:03am CEToriginalIn addition to the marketing campaigns, PR communication in several European countries have been added. The states concerned, including the Czech Republic, Czech PR team, former PR agency...
read moreNTSB: Tesla car speeding before fatal crash
August 10, 2016 | 12:53am CEToriginalAccording to earlier information of the NHTSA, it happened on autopilot. Details of the infringement...
read moreDieselgate: German court to simplify settlement of actions of investors against Volkswagen
August 10, 2016 | 12:40am CEToriginalThe court will accede to a procedure similar to mass actions in the US. The number of actions concerned, required compensation, comment of carmakers...
read moreSkoda wants to strengthen sale of quality used cars at dealerships
August 9, 2016 | 02:38am CEToriginalThe expansion of the Skoda Plus program to other countries, the introduction of new standards, modernization of sales points (Easy Entry, Car Port, Showroom), construction of showrooms, sales results in H1...
read moreLMC Automotive: Car sales in Western Europe fell in July, first time in three years
August 8, 2016 | 11:34pm CEToriginalThe slump in Germany and France, stagnation in the UK, growth in Spain and Italy, SMMT comment...
read moreBridgestone chose new EMEA head
August 8, 2016 | 11:19pm CEToriginalHe is coming to the Japanese tire manufacturer from a competing firm. Franco Annunziato was charged to lead a different region...
read moreCarGarantie expanded Management Board, appointing new Sales Director
August 7, 2016 | 11:57pm CEToriginalHe will be responsible for expansion in Europe and especially in Asia. It is a former Nissan manager...
read moreFord Motor recalls vehicles due to problem with door
August 7, 2016 | 11:45pm CEToriginalThe measure relates notably to the USA. Details of the defect, affected Ford and Lincoln models, costs, earlier door recall...
read moreCar sales in Germany fell by 3.9% in July
August 7, 2016 | 11:30pm CEToriginalOrders, production and exports also recorded a decline. Influence of the number of working days and company holidays, registrations of individual brands, results over seven months...
read moreCooper Standard to build second plant in Czech Rep
August 5, 2016 | 02:51am CEToriginalLocation, amount of investment, products, timing, HR, offered positions and wages, two phases of development, planned production volume, CzechInvest assistance, changes in the existing factory...
read moreVlcek (Skoda): Czech car market to grow at double digit rate in 2016, despite July slump
August 5, 2016 | 02:38am CEToriginalGetting closer to Austria, the outlook for 2017, the plan of Skoda, estimate of the used car market...
read moreLMC Automotive, Ford, AutoNation: US car market reached its peak
August 4, 2016 | 11:25pm CEToriginalAccording to estimates, it should stagnate or fall slightly in the years 2016-2017. Call on automakers to reduce production, sales in July...
read moreFCA allegedly considering selling Magneti Marelli or its part
August 3, 2016 | 11:55pm CEToriginalThe reason is interest of investors, industrial and technology companies. Affected entities and their reactions, possible price, activities in Central Europe...
read moreMercedes-Benz Vans made changes in fleet department in Czech Rep
August 3, 2016 | 11:40pm CEToriginalOne manager is going to retire, causing rotation within the company and changes in the division of responsibilities. Details, van sales in H1...
read moreSDA: Registrations of new cars in Czech Rep fell by 12.5% in July
August 3, 2016 | 11:26pm CEToriginalThe fall was tempered by Mercedes, VW and Renault. The end of more than two-and-half-year growth, factors, consumer demand for operating leases, commercial vehicles, the results for seven months...
read moreMedea Research: Sales of new cars in Czech Rep down in July 2016, registrations too
August 3, 2016 | 12:42am CEToriginalThe fall was mitigated by Audi, Renault, Mercedes, Dacia, Ford, Fiat and Toyota. The first decline since October 2013, developments in vans, a drop in purpose registrations...
read moreCar sales in France fell by 9.6% in July
August 2, 2016 | 11:43pm CEToriginalPSA and Volkswagen recorded a significant decline. Spanish and Italian markets grew slightly...
read moreLong-time manager left Czech representation of Ford
August 2, 2016 | 11:33pm CEToriginalThat has implied a rotation within the company and changes in the organizational structure, including the creation of a new position in management. Details…
read moreAuto Esa to open first pure buy-back branch
August 2, 2016 | 12:01am CEToriginalLocation, size of the facility, services, HR, business plan...
read moreCzech transport organizations to renew car fleets
August 1, 2016 | 11:44pm CEToriginalDetails of the tender, the number of vehicles, the estimated value of the contract, including service contracts, the timing, the option, the entities concerned...
read moreDaimler to build second plant in Hungary
July 31, 2016 | 11:25pm CEToriginalLocation, amount of investment, HR, products, capacity, timing, incentives, plan for increasing the portfolio to more than 40 models...
read moreVolkswagen Group sales up by 5.1% in June
July 31, 2016 | 10:51pm CEToriginalThe third rise in a row, continuing growth in Russia results in H1, demand in individual markets, the growth of most brands...
read moreZAP: Sales of new cars in Slovakia up by 12.1% in June
July 28, 2016 | 11:53pm CEToriginalGrowth was driven by BMW, Dacia, Suzuki, Mercedes, Renault, Citroen and VW. Developments in vans, trucks and buses, registrations in H1 2016...
read moreSales of Skoda cars up by 4.4% in June
July 28, 2016 | 11:26pm CEToriginalIt was the seventh month of growth in a row, driven by increased demand in major markets in Europe and China. Growth in Russia and the UK, interest in various models, results in H1...
read moreFCA to change method of car sales reporting in US
July 28, 2016 | 02:47am CEToriginalIt will do so retroactively since 2011. Months with overvalued and undervalued sales, the end of a series of y/y increases in September 2013, the fall in May 2016...
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