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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
Czech Rep announced tender for new operator of vehicle register
July 28, 2016 | 02:33am CEToriginalThe parameters of the contract, taking into consideration of the objections of the antimonopoly office in the specifications of the new tender, timing, fine for the Ministry of Transport for past mistakes...
read moreBMW Group recorded series of personnel changes in Czech Rep
July 27, 2016 | 12:01am CEToriginalThese relate to several brands and departments. The company solved some of the personnel changes through rotation. Affected managers and their careers, timing...
read moreOne manager left Czech branch of Volkswagen Financial Services
July 26, 2016 | 11:44pm CEToriginalHis responsibilities have been taken over by a longtime manager of this leasing company. Details…
read moreDieselgate: EC trying to persuade Volkswagen to compensate customers in Europe
July 26, 2016 | 11:30pm CEToriginalThe automaker refuses it due to different legal conditions in the US and EU. Activities of some EU Commissioners, cooperation with consumer organizations...
read moreTesla wants to expand into commercial vehicles, car sharing and solar systems
July 26, 2016 | 12:01am CEToriginalPlanned models of cars, trucks and buses, car sharing of self-driving cars of clients, own carsharing service, solar roofs with an integrated battery...
read moreRaiffeisen-Leasing expanded sales network in Czech Rep
July 25, 2016 | 11:42pm CEToriginalThe leasing company started cooperation with a new partner. Its profile and focus, Raiffeisen-Leasing goal until 2018...
read moreFCA allegedly overstated sales under internal investigation
July 25, 2016 | 11:29pm CEToriginalThe automaker did not comment on the information. The alleged volume of unsold cars...
read moreSkoda dealers opened 2,000 new design showrooms so far
July 24, 2016 | 11:33pm CEToriginalOne fifth of them decided to build a showroom under a new concept. Impact on business performance, dealerships with 3D car configurator, digital service...
read moreCSU: Car prices in Czech Rep stagnated m/m in June 2016
July 24, 2016 | 11:16pm CEToriginalWhile new cars became more expensive, prices of used cars went down. Prices of motorbikes and servicing incresed, spare parts went down, detailed data, the y/y development...
read moreDieselgate: Volkswagen to suspend sales of most models in South Korea
July 24, 2016 | 10:51pm CEToriginalThe possibility of decertification of dozens of VW, Audi and Bentley models, horizon of certification regaining, sales of the automaker in H1...
read moreHyundai hired former Allianz manager to strengthen marketing in Europe
July 22, 2016 | 03:15am CEToriginalHe will be answerable to Jochen Sengpiehl, Marketing Head of Hyundai Motor Europe. The manager and his career...
read moreSamsung leads talks on BYD Auto share purchase
July 21, 2016 | 04:59pm CEToriginalAlleged amount of share, the issue of new shares of the Chinese EV maker, the Samsung expansion in the automotive industry since 2015...
read moreCzech insurance organizations uniting structure and management
July 20, 2016 | 11:57pm CEToriginalSeveral managers and specialists will hold offices in the Czech Insurance Association and the Czech Insurers' Bureau. Details of changes, the model application from abroad...
read moreSales of commercial vehicles in Germany increased by 11.3% in June
July 20, 2016 | 11:49pm CEToriginalResults in individual categories, demand in H1, VDIK outlook for 2016...
read moreDieselgate: Three US states sued Volkswagen, Audi and Porsche
July 20, 2016 | 11:36pm CEToriginalActions do not concern only manipulative software, but also fraud covering. Threatening sanctions, the Group statement...
read moreCarzada gained confidence of Czech investors as well
July 20, 2016 | 12:01am CEToriginalThe profile of this platform for online sales of quality used cars, business results in the first country – Germany, partners...
read moreEC imposed fine of EUR 2.9 billion on four European truck makers
July 19, 2016 | 11:44pm CEToriginalMAN as a cartel notifier avoided the fine, Scania continues to be investigated. Time of the prohibited conduct, negotiations on prices and introduction of new technologies...
read moreUS investigating FCA for sales data
July 19, 2016 | 11:33pm CEToriginalPossible violations of the securities laws, the probable connection with the action brought by dealer group Napleton, comment of the carmaker...
read moreDieselgate: Volkswagen to apparently indemnify US dealers
July 19, 2016 | 12:16am CEToriginalIt will allegedly introduce a solution by the end of summer. The automaker did not comment on the information. Both parties have been leading talks about the compensation for four months...
read moreIndian court: Only diesel cars younger than 10 years may be operated in capital city
July 18, 2016 | 11:49pm CEToriginalDelhi transport authorities will cancel the registration to older diesel vehicles immediately. Ongoing state campaign against diesel in the most polluted city in the world...
read moreAutoSAP: Brexit to increase risks for Czech car and parts makers, not dropping exports significantly
July 18, 2016 | 11:33pm CEToriginalHowever, restrictions on the free movement of goods or different regulation might result in complications. Automotive businesses of the Czech Republic and UK...
read moreACEA: Car sales in EU up by 6.9% in June
July 18, 2016 | 12:28am CEToriginalApproaching the pre-crisis levels, market growth for 34 months in a row, the results in individual countries, sales of automakers, registrations in H1, PwC outlook for 2016 and 2017...
read moreEC wants to introduce CO2 emission limits for trucks
July 18, 2016 | 12:16am CEToriginalThe EU does not apply them currently, unlike the US, China, Japan or Canada. Initiative of 2015, attitude and argumentation of manufacturers...
read moreDieselgate: California rejected Volkswagen’s plan for repairs of 3.0 TDI cars
July 18, 2016 | 12:01am CEToriginalIt is a proposal relating to 16,000 of 85,000 VW, Audi and Porsche diesel cars. Comments of CARB, EPA and the carmaker...
read moreCzech Automotive Industry Association appointed new PR manager
July 15, 2016 | 02:59am CEToriginalHe came from a partner PR agency, but his main experience is from the state and public institutions. The moving of AutoSAP headquarters, launch of profiles on YouTube and Twitter...
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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...
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
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.03 USD
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1 EUR = 412.65 HUF
Source: ECB, January 17, 2025