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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
Fiat confirmed interest in German carmaker Opel
May 3, 2009 | 08:53pm CET, updatedoriginalThe interest in Opel has been also expressed by Canadian car parts manufacturer Magna International, which already...
read moreLouwman to sell Lexus cars in the Czech Rep, showroom in Prague to open in September
May 3, 2009 | 07:39pm CEToriginalIn connection with this event, there will be changes for Louwman in the sale of Toyota cars and also in the Lexus Lounge project…
read moreChrysler proclaimed bankruptcy and will form alliance with Fiat
May 1, 2009 | 08:00pm CEToriginalFiat will assume 20% share at the beginning. When Fiat redeems Chrysler's loans provided by the US government, it will become...
read moreUOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreVolkswagen to discontinue production in Bratislava in mid-May
May 1, 2009 | 11:22am CEToriginalThe company is going to make use of the production cut even within advance working for productin of the car line New Small Family. The outage will last from...
read moreChrysler reportedly to announce bankruptcy, agreement on alliance with Fiat completed
April 30, 2009 | 07:57pm CEToriginalNegotiations with creditors have failed even though the Ministry of Finance has increased its offer considering the exchange of remitted debt for...
read moreGM’s creditors seek to obtain majority in the company
April 30, 2009 | 05:31pm CEToriginalOnly 1% of the enterprise should remain to the existing shareholders, while the US government should...
read moreGE Money to reduce staff this year, 40 people fired already
April 30, 2009 | 04:15pm CEToriginalThe forced departures are linked besides the flagging mortgage market and the instalment financing, even with...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
read moreRussian Phaeton apparently not to buy Pap Oil, Czech filling station network
April 30, 2009 | 10:09am CEToriginalPhaeton has not succeeded in acquiring a loan through which the company would finance part of solicitation of 140 Pap Oil stations. Russian holding has though...
read moreAston Martin officially opened its 125th dealership in Prague today
April 29, 2009 | 10:27pm CEToriginalThe dealership has been acquired by Auto-Exner company which added the brand to its portfolio along with Bentley and Lamborghini. Aston Martin has been negotiating the dealership with...
read moreVW’s net profit fell by 72% at revenues fall of 11%
April 29, 2009 | 08:21pm CEToriginalThe results are then slightly better than the preliminary data from the beginning of April. Divisions of VW, Seat and Bentley posted...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreBendl: Friday unenforced truck drives‘ ban might be offset by higher toll
April 29, 2009 | 07:14pm CEToriginalThe toll increase in some time zones might according to the minister encourage carriers to...
read moreSkoda Auto net profit decreased by 91.4% at revenues fall of 29.6% in Q1
April 29, 2009 | 06:18pm CEToriginalThe biggest Czech carmaker´s sales declined due to the recession by 17.5% to 143,079 cars. The production...
read moreLesy CR purchased anti radars to new Audi limousines
April 29, 2009 | 05:00pm CEToriginalThe company paid CZK 135.000 for them. Price of seven company-owned cars amounted CZK 8.3 million, thus more than...
read moreQatar interested in purchasing share in Porsche carmaker
April 29, 2009 | 04:17pm CEToriginalBoth sides have already negotiated on the subject, according to Qatar prime minister. Share sale to Qatar might...
read moreGM's creditors disagree with restructuring plan, and predict bankruptcy
April 28, 2009 | 09:56pm CEToriginalCreditors require to be treated equally with trade unions; this means that they should get shares in the same ratio as...
read moreCKP: Damage volume of uninsured vehicles increased by fifth in the 5 years’ time
April 28, 2009 | 09:20pm CEToriginalUninsured drivers caused a damage of CZK 470 million in 2008. From the CKP’s guarantee fund, it has been granted performance...
read moreDecline in the automotive industry forced Ferex-ZSO to seek protection from its creditors
April 28, 2009 | 05:08pm CEToriginalFerex-ZSO got into financial problems due to the unprofitable operation of the foundry in Ostasov...
read moreTentative agreement: Saturday’s shifts in Skoda Auto according to unions, time accounts as of September
April 28, 2009 | 04:42pm CEToriginalFirst 50 employees of the Volkswagen plant in the Slovak town Martin have begun to work in the Skoda carmaker on Monday. In the second wave...
read moreDaimler agreed on withdrawal of its remaining 20% share in Chrysler
April 28, 2009 | 03:56pm CEToriginalThe complete Daimler‘s departure will untie the Chrysler’s hands for agreement negotiation of an alliance with the Italian company Fiat, and...
read moreGeneral Motors to cut about 27,000 jobs, government might acquire GM's majority share
April 27, 2009 | 10:30pm CEToriginalOut of the total, 21,000 will for the US and 5,900 for Canada. The carmaker also intends to discontinue the Pontiac brand and reduce...
read moreToyota Urban Cruiser: In sale from CZK 399,900; 4x4 version from CZK 479,900
April 27, 2009 | 05:31pm CEToriginalToyota is entering the B-SUV segment with this model in which the company would like to acquire 4% share. In the Czech Republic the company would like to sell...
read moreUS trade unions agreed on concessions with Chrysler, Fiat and the government
April 27, 2009 | 05:25pm CEToriginalThe only carmaker’s obstacle in obtaining the state assistance is now the negotiation with creditors. The agreement with Fiat on the assumption of 20% share in Chrysler...
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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
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Source: ECB, January 31, 2025