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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
Knorr Bremse to move production from Hejnice to Liberec
April 23, 2009 | 04:06pm CEToriginalAbout 250 employees should not lose their jobs. The reason for this shift is the impossibility of further expansion; the company should leave Hejnice in...
read moreRenault to produce its new diesel engine 1.6 dCi (96 kW) in France
April 23, 2009 | 09:22am CEToriginalA new engine will substitute the current aggregate 1.9 dCi (96 kW). Renault thus follows strategy of downsizing...
read moreSAP: 30% of passenger cars still without catalyst in Czech Rep
April 22, 2009 | 11:21pm CEToriginalBesides 1.32 million cars without catalyst older than 15 years, there are other 600,000 cars driving on the Czech roads which only meet the standard...
read moreGlobus to offer insurance, including car insurance in its hypermarkets
April 22, 2009 | 11:08pm CEToriginalGlobus will be offering household insurance, car insurance and travel insurance in special booths in its stores. The partner will be...
read moreUK to provide motorists with scrap bonus of GBP 2,000
April 22, 2009 | 10:27pm CEToriginalTo get the scrap bonus, motorists will have to scrap a car older than 10 years. The British Government has allocated for the scrap bonus...
read moreVolkswagen decreased net profit by 73.8% at revenues fall by 11% in Q1
April 22, 2009 | 09:24pm CEToriginalThe company was in the black mainly due to the sale of Brazilian division of MAN, which contributed to the overall outcome by a sum...
read moreDuring three weeks 400 drivers took advantage of scrap bonus at AAA Auto in Czech Rep
April 22, 2009 | 08:32pm CEToriginalIn most cases, owners of the old Skoda Favorit/Forman and Skoda 105/120 cars take advantage of the discount of up to CZK 50,000. Newly they purchase...
read moreVolvo AB dismissing over 1,500 employees and other 100 co-workers in Sweden
April 22, 2009 | 07:58pm CEToriginalThe wave of dismissal in Volvo AB concern, which does not involve division of passenger cars, will hit mostly the division...
read moreVolkswagen: Small car on a VW Up! basis to be produced in Bratislava
April 22, 2009 | 03:35pm CEToriginalThe Group will invest EUR 308 million. Small car will be produced in 3 and 5-door versions, under brands…
read moreAudi to produce new model Q3 in Spanish plant of Seat
April 22, 2009 | 02:20pm CEToriginalAudi will invest around EUR 300 million in the Seat’s factory in Barcelona. The production will start there...
read moreRevenues of PSA Peugeot Citroën fell by 24.8% in Q1
April 22, 2009 | 01:47pm CEToriginalSales of PSA’s ready-made cars decreased in Q1 by 23.5% to 619,000 units. After including supplies of non-assembled cars...
read moreChrysler's creditors reputedly propose change of debt part for stocks
April 22, 2009 | 12:52pm CEToriginalCreditors have suggested Chrysler and the US Ministry of Finance an offer in which they propose to exchange the debt of USD 2.5 billion for a share...
read moreFewer brands to be presented at the Bratislava Motor Show this year
April 21, 2009 | 07:53pm CEToriginalVisitors will be able to see models from 38 producers from Wednesday, April 22, while in 2008 there were...
read moreSlovak Kia Motors's plant increased revenues by 24% to EUR 2.23 billion
April 21, 2009 | 07:26pm CEToriginalThe car production in Zilina-based factory increased by 38% to 201,000 cars. This year...
read moreLouwman opened its second Toyota car centre in the Czech Rep in Usti nad Labem
April 21, 2009 | 07:08pm CEToriginalLouwman has had only one car centre in the Czech Republic, in Prague so far. The company entered Usti nad Labem…
read moreUOHS: Erste Bank can be taken over by Weinviertler Sparkasse in Czech Rep too
April 21, 2009 | 06:27pm CEToriginalThe junction does not raise any serious misgivings about disturbance of economic competition because...
read moreTatra to supply cars for Czech army 4 months earlier due to crisis
April 21, 2009 | 04:56pm CEToriginalA supply of 556 cars for CZK 2.6 billion should be originally completed in October this ear. To accelerate the supply, the company will make use of…
read moreNon-life insurance market up by less than 5% in Slovakia last year
April 21, 2009 | 04:18pm CEToriginalWithin the motor vehicles compulsory insurance, the provision declined slightly last year. However, number of contracts increased...
read moreSkoda Octavia RS and Scout facelift: Production to start in late May, launching markets in June
April 21, 2009 | 03:32pm CEToriginalFacelift of the Octavia model line has thus been finished. The modernized models of Octavia RS and Octavia Scout are going to make their world’s first appearance on...
read moreFour financial and two strategic investors to be interested in Opel share
April 21, 2009 | 10:31am CEToriginalIt might be a direct investment of at least half a billion Euros, the investor would then take a share of…
read moreCeska rafinerska not succeeding in agreement with Transpetrol on prices of crude oil transit from Russia
April 21, 2009 | 10:02am CEToriginalTherefore, the Czech Republic is on the point of increased prices for transport and storing of this strategic crude material which are...
read moreUnified plug in Europe to enable large lot production of electric cars
April 20, 2009 | 09:50pm CEToriginalAbout 20 largest energy companies and car manufacturers have agreed on the basic parameters of connectors and plugs, which will be...
read moreCourt in Usti initialized insolvency proceedings in automotive supplier BTV plast
April 20, 2009 | 08:59pm CEToriginalA proposal for the proceedings initiation has been filed by Eurostav company which claims the arrears this way…
read moreBrano Group fell on CZK 70 million loss in 2008 along with revenues decline by 17%
April 20, 2009 | 06:57pm CEToriginalThe company was losing a lot due to the securing operations. The revenues declined to CZK 3.5 billion. In 2009 Brano Group expects…
read moreUniCredit Leasing offers BMW car financing with lower interest
April 20, 2009 | 05:55pm CEToriginalThe offer for individuals and corporate bodies is valid till the end of June and is related to the models…
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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
1 EUR = 0.84 GBP
1 EUR = 0.94 CHF
1 EUR = 25.17 CZK
1 EUR = 4.21 PLN
1 EUR = 407.95 HUF
Source: ECB, January 31, 2025