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CES (Consumer Electronics Show) 2025: More than 4,000 exhibitors (of which hundreds in Vehicle Tech and Advanced Mobility section) to join consumer electronics fair in Las Vegas, USA (January 5-10), including 3M, AGC, aiMotive, Alps Alpine, Amazon Automotive, American Axle & Manufacturing (AAM), Ams Osram, Applied Electric Vehicles (EV), Aptera Motors, Aptiv, Asahi Kasei Microdevices (AKM), Autel Energy, Autobrains Technologies, Autocrypt, Autofleet, AutoL, Autopedia, Autotalks, BANF Intelligent Tire System, BMW, Blink Charging, BoS Semiconductors, Bosch, Boston Consulting Group (BCG), BYD Lithium Battery Company, Bühler Motor, Capgemini, Carteav Technologies, Cedar Electronics, Cepton, Clarios, Continental Automotive, Cube Tracker, Danlaw, Dassault Systemes, Denso, Difon, Drivetech, DriveU.auto, dSpace, DXC Technology, Eaton, Electric Racing Automotive (ERA), Element, EY, Faurecia Aptoide Automotive, FEV, Garmin, Goodyear, Google, Here Technologies, Honda Motor, Hyundai Mobis, ZER01NE, Hyundai Motor, IBM, Infineon Technologies, Inova Semiconductors, Intel, Italdesign-Giugiaro, John Deere, Kautex Textron, Koito & NAL, Kubota, Kyocera AVX, LG Innotek, Magna, Mahle, Mercedes-Benz, Mitsubishi Electric, Mobileye, MotoSurf, Nextbase, Nvidia, NXP Semiconductors, Onsemi, OPmobility, Pioneer Electronics, PwC, Qualcomm, Quest, Renesas Electronics, Schaeffler, Sonatus, Sony Honda Mobility, STMicroelectronics, Sumitomo Rubber Industries, Suzuki Motor, Tata Technologies, TDK, Togg, TomTom, Toshiba, Toyota Motor, Uber, Valeo, Visteon, Volkswagen, Voro Motors, Waymo, Witte, Xing Mobility, Xpeng AeroHT, Yazaki Innovations and Zeiss Microoptics
January 3, 2025 | 12:57pm CETflashread more
Autorion: Ivo Nekuda, Vít Nekuda (Holdeon), Karel Stolejda, Martin Veselý introduced new corporate identity (from Aleš Najbrt's Studio Najbrt) of dealer group (370 employees, annual sales of more than 3,500 vehicles, turnover of CZK 3 billion/EUR 120 million), transforming it into holding – Auto Průhonice (renamed to Cardion Cars, Volvo Cars dealer in Prague, Czechia – Průhonice, Stodůlky, Dejvice), Auto Cardion (Cardion Cars Brno, Volvo Cars dealer in Brno), Albion Cars (Jaguar, Land Rover, Isuzu dealer in Prague and Brno), Egenskap. Simultaneously, Managing Director Dušan Chlad acquired minority stake (5%)
January 3, 2025 | 12:49pm CETflashread more
Tesa (optically clear adhesive tapes), Zeiss Microoptics (transparent displays for windshields and side windows, head-up displays/HUDs for automotive industry) expand collaboration in advanced holography applications for mobility, home technology launched in 2022
January 3, 2025 | 12:42pm CETflashread more
Coface CEE Top 500 Ranking 2024: Petrochemical and pharmaceutical industry (minerals, chemicals, petroleum, plastics & pharma; 86 largest firms, -2 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 2.2% to EUR 282 billion in 2023 (2022: EUR 276 billion), number of employees grew by 3% to 403,900. Largest companies in sector include Orlen (EUR 85.9 billion, +34%; 66,554 people, +3%), MOL (EUR 23.27 billion, -5%; 24,769, +2%), OMV Petrom (EUR 6.8 billion, -40%; 7,228, -2%), Orlen Lietuva (EUR 6.43 billion, -15%; 1,492, +4%), Orlen Unipetrol RPA (EUR 6.29 billion, -21%; 3,180, +5%), Slovnaft (EUR 5.89 billion, -2%; 2,121, -2%), Aramco Fuels Poland (EUR 4.78 billion, +312%; 222, +11%), OMV Petrom Marketing (EUR 4.63 billion, -15%; 190, +2%), Lukoil Neftochim Burgas (EUR 4.42 billion, +297%; 1,245, -1%), BP Europa SE Oddzial w Polsce (EUR 4.08 billion, -21%; 259, +7%), Lukoil-Bulgaria (EUR 3.22 billion, -14%; 2,403, +0%), Čepro (EUR 3.16 billion, -14%; 829, +1%), Shell Polska (EUR 2.17 billion, -18%; 5,069, +4%), MOL Česká republika (EUR 2.09 billion, -7%; 189, -2%), MOL Romania Petroleum Products (EUR 1.84 billion, -1%; 259, +0%), OMV Hungária (EUR 1.74 billion, +6%; 62, +3%), MOL Polska (EUR 1.69 billion, -35%; 277, -13%), Saint-Gobain Innovative Materials Polska (EUR 1.6 billion, +1%; 7,300, +6%), Shell Hungary (EUR 1.04 billion, -6%; 99, +6%), Tank Ono (EUR 1 billion, -21%; 531, -1%), OMV Slovensko (EUR 963 million, -2%; 174, +2%), Shell Czech Republic (EUR 901 million, -12%; 81, +4%), MOL & INA (EUR 859 million, -21%; 67, -1%), Orlen Latvija (EUR 828 million, -24%; 10, +0%)
January 3, 2025 | 12:30pm CETflashread more
J.D. Power, GlobalData increased 2024 global new light-vehicle sales outlook by 700,000 cars, vans from 88 million (+1.5%) to 88.7 million (+2%) and 2025 forecast by 200,000 units from 90.6 million to 90.8 million (+2%). While uncertainty remains high as attention shifts to 2025, outlook improved in environment of easing inflationary pressure, Schuster (GlobalData) said
December 31, 2024 | 05:45pm CETflashread more
Porsche Holding Salzburg: In January-November, 40,359 battery electric vehicles (-7.4%, M1-11 2023: 43,602 cars) of 133 models (100; of which 15 Chinese, 13) of 44 brands (37) registered in Austria. Market share of electric vehicles (BEVs), hybrids (PHEVs, HEVs, MHEVs) raised by 1 pp to 49.2% (48.2%). Economic fluctuations but also ever-recurring discussions about future of internal combustion engine (ICE) are making it difficult for entire industry to transform towards electromobility, Schützinger said
December 31, 2024 | 05:38pm CETflashread more
Toyota Motor expects further growth in Czechia in 2024 – 20,000 Toyota customer contracts, 22,000 vehicles sold (+1.2%, 21,738), 9% market share (+0.9 pp; 8.1%, +1.5 pp) in market of 245,000 cars and vans (+0.3%, 244,202), 3rd place in market (4th place), 2,000 Lexus customer contracts, 2,100 Lexus cars sold (+47%; 1,432, +39.4%), 2,000 Kinto operational leasing contracts (over 680), sale of 9,200 used vehicles in dealer network (+16%; 7,955, +16.7%). Sales of new Toyota and Lexus vehicles per partner increased by 31.7% to 1,655 in 2023 (2022: 1,257), number of service (paid, non-warranty) orders by 17% to 115,000 (98,464). Dealers sell 0.5 used vehicle to 1 new vehicle today, in future it could be 1-1.5 to 1, Peleška said
December 31, 2024 | 05:32pm CETflashread more
VDA: Most popular car color in Germany in 2024 was grey/silver (share 33%, 2023: 31.6%), followed by black (26.6%, 26.4%), white (19.9%, 20.7%), blue (8.9%, 9.6%), red (4.7%, 5.1%), green (3%, 2.5%), yellow (0.9%, 0.9%), brown (0.6%, 0.6%), orange (0.5%, 0.8%) and purple/violet (0.1%, 0.1%). First trio of colours increased share to 79.5% (2023: 78.7%), according to KBA new car registration statistics for January-November
December 31, 2024 | 05:27pm CETflashread more
Beneš: Ford wants to sell 350 electric vehicles in Czechia in 2024 (2023: 125 registered vehicles, 69+56), of which 150 cars (120 Mustang Mach-E, 30 Explorer) and 200 vans (E-Transit, of which 130 for Czech Post). In 2025, we plan to almost double BEV sales to 600 units, contributed by new models Puma Gen-E, Capri, E-Tourneo Courier and E-Tourneo Custom
December 31, 2024 | 05:20pm CETflashread more
Toyota Central Europe: Premium segment in Czechia increased by 35.3% to 24,787 new cars in 2023 (Mercedes 6,348 registrations +20% y/y, BMW 5,851 +31%, Audi 4,012 +19%, Volvo 3,009 +33%, Lexus 1,520 +73%, Porsche 731 +65%, Land Rover 545 +100%, Mini 221 -39%, Alfa Romeo 196 +133%, others 2,354 n/a) when entire Czech car market grew (by 15.3% to 221,422 units)
December 31, 2024 | 05:08pm CETflashread more
S&P Global Mobility: Global light vehicle production to drop by 1.6% to 89.1 million in 2024 (Europe 17 million), by 0.4% to 88.7 million in 2025 (Europe 16.6 million, -2.6%; North America 15.1 million, -2.4%; Mainland China 29.6 million, +0.1%). Production outlook for 2025 is dominated by assumption that incoming US administration of president-elect Donald Trump to levy new wide-reaching tariff regime, effectively creating universal tariff of 10% on all goods coming into USA except for Canada and Mexico (USMCA) and mainland China (30%)
December 30, 2024 | 04:36pm CETflashread more
Schützinger (Porsche Holding Salzburg): Austrian car market to exceed 250,000 units in 2024 (+4.5%, 2023: 239,150 registered cars), of which market share of Volkswagen Group brands to reach around 39% (97,500 cars). In 2025, new car sales in Austria could achieve similar level to 2024, breaking 250,000 mark should be realistic
December 30, 2024 | 04:26pm CETflashread more
Zahel: Alfa Romeo wants to sell 300 cars in Czechia in 2024 (2023: 198 registered vehicles), of which 50% Stelvio, 30% Giulia and 20% Tonale. Brand's electrification began in 2023 (Tonale MHEV, Plug-In Hybrid Q4 PHEV), continues in 2024 (Milano/Junior Ibrida MHEV, Elettrica BEV, Elettrica Veloce 280 BEV, Ibrida Q4 MHEV), to be followed by new Stelvio (2025) and new Giulia (2026), and automaker plans to have 100% electric range in 2027 (or later). Sales supported by special series – Super Sport (limited edition of Giulia Quadrifoglio and Stelvio Quadrifoglio) and Tributo Italiano (unlimited edition of Giulia, Stelvio and Tonale)
December 30, 2024 | 04:15pm CETflashread more
Operating Sphere
Head of Porsche Wendelin Wiedeking ended in company, to receive payoff of EUR 50 million
July 24, 2009 | 09:32am CEToriginalWiedeking has struggled for takeover of Volkswagen but is now an obstruction to the planned merger of Porsche and Volkswagen. His successor will be...
read moreSaitz: BMW sales to fall by 10% in Czech Rep in 2009, dealer’s profitability being important
July 23, 2009 | 10:01pm CEToriginalBMW sales network in the Czech Republic will grow for a new showroom, which will be built in Liberec by the existing dealer...
read moreCar importer Toyota Motor Czech slimmed management team
July 23, 2009 | 09:13pm CEToriginalThe business manager Martin Peleska went to the European headquarters, the head of After Sales department was given another challenge. Their competences have been taken by the current managers...
read moreNumber of passenger cars in Czech Rep slightly declined to 4.41 million in H1
July 23, 2009 | 08:44pm CEToriginalThe data have been influenced by introduction of a penalty for not paying damage liability or an ecological fee for transfer of old cars. Age of the car fleet...
read moreItalian carmaker Fiat fell in loss in Q2
July 23, 2009 | 08:19pm CEToriginalThe net loss reached EUR 179 million after a profit of EUR 646 million in the same period last year. The company's revenues dropped by...
read moreHyundai to invest USD 3.3 billion in green technologies by 2013
July 23, 2009 | 01:59pm CEToriginalMore than a half of the investments will lead to development of hybrid cars. Roughly one third of the money will be used for...
read moreCustoms service seized over 2,500 forgeries of Skoda car accessories in Prague
July 23, 2009 | 12:55pm CEToriginalThe customs officers found the forgeries in a shop of a specialized dealer of car accessories. By selling the forgeries Skoda would have a damage of…
read moreBosch Diesel to extend four-day working week in Jihlava until March 2010
July 23, 2009 | 11:47am CEToriginalAt the same time, the company will not be dismissing collectively for this period. Within voluntary departures until the end of August, the company offers…
read moreGerman government and GM have not agreed on Opel’s future yet
July 23, 2009 | 10:29am CEToriginalWednesday’s meeting did not bring any result. Each party prefers a different applicant. The government incline towards Magna and Sberbank’s offer while GM…
read moreSkoda Auto confirmed Yeti model assembly in India
July 22, 2009 | 11:02pm CEToriginalThe carmaker expects future growth of this market. Volkswagen is expanding dealer network and Skoda sales should this year increase there...
read moreCarmakers to be further able to sell cars exclusively at specialized dealers
July 22, 2009 | 10:39pm CEToriginalThe European Commission has proposed the exemption extension for another three years, namely until 2013. In the Czech Republic, the block exemption caused...
read moreVehicle production dropped by 11.3% in Czech Rep in H1
July 22, 2009 | 09:53pm CEToriginalSkoda Auto reduced production by a third, in H2 the fall should be due to the scrap bonus lower. In addition, Hyundai will launch production of its next model, therefore the domestic production will increase by...
read moreCEZ seeking Czech company to develop and produce high-charging stations for electric vehicles
July 22, 2009 | 09:37pm CEToriginalHigh-charging stations are offered by one US company with representation in Europe, but their price is around...
read moreTiberina bought from bankrupt automotive supplier Wagon its Czech plant in Bela
July 22, 2009 | 09:01pm CEToriginalThe plant in Bela, supplying the Czech and European carmakers, has at the same time changed its name to Tiberina Automotive Bela. The transaction value reached...
read moreEurocar plant in Ukraine stopped Skoda cars assembly due to company holiday in carmaker in Czech Rep
July 22, 2009 | 06:23pm CEToriginalSkoda Auto is, however, considering the production shutdown extension for Ukraine in the plant in Vrchlabi after the holiday as well. The reason is...
read morePwC: Sales of new and used cars in Russia declined by 55% in H1
July 22, 2009 | 05:57pm CEToriginalAccording to PwC, the Russian automotive market declined by 62% to USD 12.8 billion in H1. This year, PwC expects sales fall by...
read moreCSOB Leasing began offering short financial leasing for vehicles - for 2 years already
July 22, 2009 | 05:36pm CEToriginalBy this offer, the company responds to the amendment of the Income Tax Act. The customer has the option to manage the time for which the new investments reflect in...
read moreVolvo AB reported third quarterly loss in a row in Q2
July 22, 2009 | 05:19pm CEToriginalThe net loss reached SEK 5.56 billion compared to a profit of SEK 5.1 billion in Q2 last year. Sales of the company fell by 33%. This year...
read moreFuel prices increased by 5.8% m/m in June
July 21, 2009 | 09:38pm CEToriginalAll fuel types went up compared to May, only LPG became cheaper. Specifically...
read moreDismissals in carmakers and suppliers brings extreme forms of protests too
July 21, 2009 | 06:10pm CEToriginalHundreds of fired employees of the South Korean carmaker SsangYong have occupied a part of the plant today and are attacking interfering policemen with slingshots...
read moreAutomotive supplier Continental returned to profit in Q2
July 21, 2009 | 04:43pm CEToriginalThe company reported an operating profit of EUR 38.8 million after a loss of EUR 165 million in Q1. The results were supported by...
read moreJapanese carmaker Toyota to start hybrid vehicle production also abroad
July 21, 2009 | 04:15pm CEToriginalThe second hybrid car after the model Prius will become Auris, whose production will start in mid-2010 in Europe in...
read morePrices of cars sold on Czech market stagnated m/m in June
July 21, 2009 | 02:28pm CEToriginalThis applies also to new cars, used vehicles and motorcycles became slightly cheaper. Service work and spare parts and accessories...
read moreEmployees from French auto parts plant not threatening with its demolishing anymore
July 21, 2009 | 01:31pm CEToriginalFrance's industry minister has promised to meet labour unions in the plant on Wednesday. Attitude of the main customers Renault and PSA has not changed...
read moreEurocar plant in Ukraine suspended Skoda car assembly
July 21, 2009 | 12:24pm CEToriginalThe reason is a downturn of the local market. The drop in Ukraine is being successfully compensated by deliveries to Russia. Lower demand troubles also an assembly plant in…
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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):...
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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...
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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
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EXCHANGE RATES
1 EUR = 1.04 USD
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Source: ECB, January 31, 2025