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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 CETflash
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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 CETflash
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Operating Sphere

General Motors and Ford suspended their plants in Russia

July 1, 2009 | 08:20pm CEToriginal
The cause is downturn of demand. GM's plant in Sankt Petersburg will cease production for two months. Ford has suspended production in its Russian plant until...
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Porsche rejected Volkswagen‘s offer, Qatar to be new investor

July 1, 2009 | 05:57pm CEToriginal
Porsche will offer Qatar either a share in the company, or it will sell options for to further shares purchase in Volkswagen. The starting point can also be...
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Insurance companies Uniqa and D.A.S. initiated cooperation on car insurance

July 1, 2009 | 04:25pm CEToriginal
From July they will be offering a joint product compound of damage liability, accident insurance, and motor legal protection insurance. Clients can thus save up to...
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Petrol quality was the best last year in last seven years

July 1, 2009 | 03:15pm CEToriginal
Parameters were not accomplished by only 1.8% of the samples. The quality of diesel has deteriorated compared to 2007; it was found...
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General Motors apparently close to agreement on Opel sale to Belgian company RHJ International

July 1, 2009 | 02:29pm CEToriginal
RHJ International has enhanced its offer. According to sources, the preliminary agreement might be signed...
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Cebia: 200,000 sold cars per year with lower number on speedometer in Czech Rep

July 1, 2009 | 12:52pm CEToriginal
That is about 40% of all sold used cars. Due to a lower number of kilometres on speedometer the cars are overpriced by...
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Skoda Auto to produce engines and transmissions even during company holiday

July 1, 2009 | 11:46am CEToriginal
Work will be voluntary during the holiday. It should be similar with the extraordinary working Saturdays, which are now being negotiated...
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Brno-based fairs Autotec and Autosalon to might take place together in 2010

June 30, 2009 | 09:11pm CEToriginal
The reason is the current economic crisis. Large majority of this year's Autosalon visitors was satisfied with the fair and is about to come next year...
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Citroen extended its scrap bonus offer until end of August in Czech Rep

June 30, 2009 | 09:04pm CEToriginal
Originally, it has planned its end on June 30. At the same time, it extended the action called citroenovne for other models...
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Alcoa ends production in the Czech Rep because of low sales and also strong domestic currency

June 30, 2009 | 04:32pm CEToriginal
Staff of the Stribro-based plant intends to organize protests before the next round of negotiations with trade unions on Wednesday...
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Skoda Auto innovated group 3-cylinder engine 1.2 HTP

June 30, 2009 | 03:59pm CEToriginal
The modernization is reflected in fuel consumption saving and emissions and noise reduction. Production keeps taking place in Mlada Boleslav for models...
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A. Charouz to import electric cars to Czech Rep, as well as hybrids

June 29, 2009 | 11:13pm CEToriginal
First, it will be utility vehicles, later followed by passenger cars. A. Charouz is already agreed on the first car delivery in the Czech Republic, but negotiating with other subjects...
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Porsche against sale of 49% share to carmaker Volkswagen

June 29, 2009 | 10:00pm CEToriginal
This sale is part of a proposal for the German carmakers’ merger, in which Qatar would play a big part...
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Sberbank could withdraw from transaction with Opel

June 29, 2009 | 09:18pm CEToriginal
For GM is constantly changing conditions; a possibility of reverse stock buyout is not up-to-date anymore. There are reportedly no other clients concerned in Opel…
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Grant Thornton: Car manufacturers from Europe and Asia to dominate in North America

June 29, 2009 | 08:26pm CEToriginal
GM, Ford and Chrysler will according to the study reduce its production capacity by more than 35% by 2012. Other carmakers will increase their production by about 20% to more than...
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Chinese authorities probably to reject takeover of the US carmaker Hummer

June 29, 2009 | 06:29pm CEToriginal
The problem can be high consumption of the cars Hummer but also insufficient experience of the company Sichuan Tengzhong with car production…
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Producer of the cheapest car in the world Tata Motors fell in loss last year

June 29, 2009 | 05:59pm CEToriginal
The company posted out a loss for the first time after eight years mainly due to low demand and loss of the carmaker Jaguar Land Rover. These cars launched market…
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CCS: Petrol going up for seven weeks in a row, close to CZK 30/L

June 29, 2009 | 05:29pm CEToriginal
According to analysts, the reason of growing prices is an increasing distribution margin. Price of crude oil and the Czech koruna’s rate were in favour of Czech drivers…
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Adams: Tatra expects drop of revenues by about 40% this year

June 29, 2009 | 04:55pm CEToriginal
The carmaker wants to dismiss 500 more people due to a drop of orders by the end of the year and to reach a target number of work places...
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Volkswagen aims to have major word in merger with carmaker Porsche

June 28, 2009 | 09:06pm CEToriginal
Volkswagen plans to gain a 49% share for EUR 3 to 4 billion in Porsche first. Qatar should then buy Porsche options...
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Alcoa Fujikura probably ending in Stribro, releasing most of its 730 employees by end of year

June 28, 2009 | 07:58pm CEToriginal
According to trade unions it is linked to the moving of part of contracts to Romania. The company has still some work for...
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Michelin might cancel up to 3,500 jobs in France by 2011

June 26, 2009 | 06:37pm CEToriginal
The company has previously announced a plan for 700 jobs cancellation within the Toul plant closure. Through voluntary redundancies of its employees it intends...
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PSA increased daily production by 6% in Trnava due to higher demand

June 26, 2009 | 05:18pm CEToriginal
At the same time the plant will dismiss less people this year than suggested earlier. The carmaker also considers prolonging working time or...
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Eurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU

June 26, 2009 | 01:17pm CEToriginal
The scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
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Volkswagen wants to offer more mini cars in Europe, considering cooperation with Suzuki

June 26, 2009 | 11:39am CEToriginal
Volkswagen would provide diesel engines within the cooperation and Suzuki underbody platform. The German carmaker reportedly requires a share in Suzuki amounting to...
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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...
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
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EXCHANGE RATES
1 EUR = 1.04 USD
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Source: ECB, January 31, 2025