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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
Hyundai aims to borrow EUR 250 million for plant completion in Russia
April 27, 2009 | 04:21pm CEToriginalThe plant’s building in Russia started in Russian St. Petersburg in last June. The originally planned date of production starting…
read moreCCS: Fuel more expensive last week in Czech Rep
April 27, 2009 | 02:29pm CEToriginalThe reason was predominantly the weakening Czech koruna in the previous weeks. A litre of petrol has become more expensive by...
read moreTruck manufacturer Volvo suffered a loss at revenues fall of 26.8% in Q1
April 27, 2009 | 01:54pm CEToriginalAnalysts, however, expected the loss lower. Despite the negative results, the company will not further dismiss its employees, but...
read moreNosovice-based Hyundai plant to deliver vehicles to Mexico
April 27, 2009 | 10:18am CEToriginalHyundai will thus become the first Czech carmaker which is going to start selling its vehicles in Mexico. The vehicles will be delivered from Nosovice also to...
read moreChrysler's Canadian employees agree on wage-cutting by one fourth due to alliance with Fiat
April 25, 2009 | 07:27pm CEToriginalAnother option of saving is limitation of daily working hours by...
read moreFord suffered a loss of USD 1.43 billion in Q1
April 25, 2009 | 07:23pm CEToriginalIn the same period of 2008 the carmaker posted a net profit of USD 70 million. The company’s revenues decreased by...
read moreEmployees from Bratislava-based Volkswagen to help with production in Skoda Auto temporarily
April 25, 2009 | 05:39pm CEToriginalThey will primarily help with the Fabia model production to which there is a long waiting time due to scrap bonus.
read moreBrno-based car fair Autosalon to welcome 37 brands at the beginning of June
April 24, 2009 | 07:51pm CEToriginalTotal of 39 brands took part in the last year of Autosalon in 2007. This year, there will be…
read moreSouth Korean carmaker Kia returned to profit in Q1 at revenues fall of 6%
April 24, 2009 | 07:07pm CEToriginalAnalysts expected profit in Q1, but significantly lower than in reality reported net profit of...
read moreChrysler on edge of bankruptcy, Fiat probably to prefer purchasing Opel
April 24, 2009 | 06:17pm CEToriginalThe US Ministry of Finance has called upon the Chrysler carmaker today to prepare for...
read moreVAT deduction increased car interest less than it was expected
April 24, 2009 | 05:44pm CEToriginalIn addition, there are few cars on the market. Customers must watt for some cars for even several months, including the best selling car…
read moreRobert Bosch significantly decreased revenues in Q1, expecting fall by 15% in 2009
April 24, 2009 | 02:08pm CEToriginalThe company expects a gross loss after last year’s profit of EUR 940 million. The world’s car production will, according to Bosch, fall by…
read moreDemand for new utility vehicles in Europe dropped by 32.9% in March
April 24, 2009 | 01:28pm CEToriginalCzech registrations of new commercial vehicles decreased by 44.3%, in Slovakia by 45.4%. Registrations fell throughout Q1 by…
read moreHyundai’s profit dropped by 42.7% in Q1 along with sales revenues decline by 26.4%
April 24, 2009 | 11:39am CEToriginalThe results were though better than expected by analysts mainly due to the weak won. Profit margin has dropped to…
read moreGeneral Motors to close 13 plants in USA and Mexico temporarily
April 24, 2009 | 10:58am CEToriginalThe closures will be under way from May till July. Their duration will vary according to a particular plant. GM intends to cut production this way by...
read moreCourt in Usti halted insolvency proceedings in BTV plast
April 23, 2009 | 11:43pm CEToriginalLiberec-based company Eurostav, which initialized the proceedings on April 20, has...
read moreLukoil being interested in Ceska rafinerska, aiming to extend petrol stations net
April 23, 2009 | 11:31pm CEToriginalLukoil’s entry to Ceska rafinerska is not possible yet because of the first option of other shareholders...
read moreFiat intends to take over Opel, according to works council
April 23, 2009 | 11:04pm CEToriginalFiat might sign a preliminary agreement on purchase of Opel's major share already on...
read moreContinental’s employees protested against plants‘ closure today
April 23, 2009 | 10:55pm CEToriginalThe protest has been under way during a shareholders‘ meeting. In two factories in Germany and France, there are at risk…
read moreFaurecia suspended expansion in Czech Rep, projected plant in Karvina not to be built
April 23, 2009 | 09:39pm CEToriginalProjects that were supposed to constitute the Karvina-based plant's production have been transferred or remained in other plants manufacturing exhausts of the Faurecia group...
read moreSvejnar: Scrap bonus is asocial measure, supports car owners only
April 23, 2009 | 07:58pm CEToriginalA prospective initiation of scrap bonus in the Czech Republic will have no big positive effect on the economy, according to Svejnar, because...
read moreCrisis marked also the regional Liberec Motor Show
April 23, 2009 | 07:23pm CEToriginalThere are 12 brands displayed at the 19th year of the motor show, which has started on Wednesday. The exhibitors present here…
read moreSkoda Auto considers Fabia model ‘s production also in Vrchlabi
April 23, 2009 | 06:44pm CEToriginalFabia models are currently the most required due to the scrap bonus and the carmaker does not want to lose customers because of the long waiting time. In March, the Fabia model’s sales amounted to...
read moreFiat fell in loss of EUR 410 million, negotiating with Chrysler further on
April 23, 2009 | 05:11pm CEToriginalThe reason was rapid decline of car sales caused by the global economic crisis. Fiat's revenues have declined by...
read moreToyota's sales dropped by 27% to 1.767 million cars in Q1
April 23, 2009 | 04:35pm CEToriginalToyota has thus kept position of the largest car dealer in the world ahead of the competing Volkswagen with a difference of...
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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