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Rho Motion: Global new electric vehicle (EV) sales to grow by 18% to 20.2 million passenger cars, llight-duty vehicles (LDVs/LCVs) in 2025 – China: 12.9 million BEVs and PHEVs (+17%), Europe (EU & EFTA & UK): 3.5 million (+15%), USA & Canada: 2.1 million (+16%), Rest of World (RoW): 1.7 million (+31%)
February 25, 2025 | 03:54pm CETflashread more
Retro Classics 2025: Around 1600 exhibitors to join 24th fair of classic/vintage cars and motorcycles in Stuttgart, Germany (February 27 – March 2), including ADAC, Allianz, BMW Group Classic, Daimler Truck/Mercedes-Benz Trucks Classic, Dekra Automobil, Emil Frey Classics, Emil Frey Exclusive Cars/Aston Martin Stuttgart, Erwin Hymer Museum/Erwin Hymer Stiftung, Irmscher Automobilbau, Kontio Tyres, Liqui Moly, Mazda Classic/Automobil Museum Frey, Mercedes-Benz Heritage, Nio Deutschland, Porsche Museum, Sonax, TÜV Süd Auto Service, Unimog-Museum Betriebs. Exhibition organizer expects 90,000 visitors on area of 80,000 sqm
February 25, 2025 | 03:49pm CETflashread more
VDA: Car production in Germany up by 13% y/y in January, export by 19%
February 25, 2025 | 03:36pm CETflashread more
Škoda Auto, unions agreed on increase in wage tariffs in Czechia (37,000 employees, average salary outside management CZK 75,128/EUR 3,000 in 2024) by 3% from April 1, night work surcharge by CZK 5 to CZK 55 (EUR 2.2) per hour, contribution to supplementary pension savings by CZK 200 to CZK 1,900 (EUR 76). For 2024, employees to receive variable bonus of CZK 120,000 (EUR 4,800) and one-off premium of CZK 10,000 (EUR 400) in May, i.e. total of CZK 130,000 (EUR 5,200) out of approximately CZK 200,000 (EUR 8,000) paid in total during 2025 on guaranteed and variable bonus and agreed one-time payment
February 24, 2025 | 04:48pm CETflashread more
Sales of new light vehicles in USA grew in January (J.D. Power/GlobalData: +4.4%; Cox Automotive: +5.2%; S&P Global Mobility: +7.5%)
February 24, 2025 | 04:30pm CETflashread more
Auto Palace (AutoBinck Group; Ford, Ford Pro, Hyundai, Mazda, Mitsubishi, Opel, Opel Professional, Peugeot, Peugeot Professional, Škoda, Volvo, Audi, Volkswagen, VW Commercial Vehicles, SEAT, Cupra, MG and Maxus dealer, Fiat and Infiniti service in Prague, Brno and Karlovy Vary, Czechia) to sell Tuchoměřice branch near airport in Prague (SEAT, Cupra and Maxus dealerships, Škoda, Volkswagen and VW Commercial Vehicles service; part of Auto Palace Západ, loss of CZK 72 million at turnover of CZK 1.46 billion and sales of 1,338 new and 839 used vehicles in Tuchoměřice and Karlovy Vary in 2023) to Přerost a Švorc - Logistic (Přerost a Švorc - Auto, Autodružstvo Podbabská; Škoda, Volkswagen and VW Commercial Vehicles dealer, SEAT, Cupra and Audi service in Prague). Transaction began to be assessed by Office for Protection of Competition (ÚOHS)
February 24, 2025 | 04:22pm CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 25% to 17.1 million passenger cars, llight-duty vehicles (LDVs/LCVs) in 2024 – China: 11 million BEVs and PHEVs (+40%), Europe (EU & EFTA & UK): 3 million (-3%), USA & Canada: 1.8 million (+9%), Rest of World (RoW): 1.3 million (+27%)
February 24, 2025 | 04:16pm CETflashread more
Prognos, VDA: 46,000 jobs lost in German automotive industry between 2019 and 2023 due to transition to electromobility (-75,000 lost, +29,000 created), another 140,000 positions to be lost at automakers and suppliers by 2035 (total of 186,000 jobs, or about fifth of jobs; 2023: 911,000 employees in sector). Jobs at component manufacturers focused on combustion vehicles are mainly at risk, as electric drive is less complex than internal combustion engine (ICE). Transformation of automotive industry is mammoth task. Between 2024 and 2028, German car manufacturers and automotive suppliers to invest around EUR 280 billion worldwide in research and development (R&D) alone, and further EUR 130 billion in converting their plants. Investments underline German automotive industry’s will to make transformation success story, Müller (VDA) said
February 24, 2025 | 04:07pm CETflashread more
Aures Holdings sold 8,363 used vehicles in January (+5.2%) at AAA Auto, Mototechna, Auto Diskont car centers. BEV sales reached record 112 units (Top 3: Tesla Model 3, BMW i3, Volkswagen e-Golf). Company increased number of cars and vans on offer to 19,000, preparing to open smaller buying branches to ensure sufficient sourcing to meet sales plan of 120,000 vehicles in 2025 (+10%)
February 21, 2025 | 12:26pm CETflashread more
ESG: Constellium (manufacturer of aluminum products for automotive industry, other industries with 12,000 employees in Europe, North America, Asia; revenues of EUR 7.3 billion in 2024) stopped using coal, testing replacing natural gas with hydrogen. Company recently completed its first industrial-scale casting using hydrogen combustion at C-Tec R&D center in Voreppe, France. Constellium is involved in various projects aimed at advancing hydrogen technologies for industrial decarbonization, such as HyInHeat (Hydrogen technologies for decarbonization of industrial heating processes, project running in 2023-2026, funded by European Union/EU with budget of EUR 24 million, 30 partners including Toyota Motor Europe, ArcelorMittal, SSAB, Linde, Nippon Gases/Nippon Sanso). In addition to its focus on hydrogen, company is exploring alternative decarbonization technologies, including direct electrification solutions compatible with existing furnaces
February 21, 2025 | 12:19pm CETflashread more
Mobility & Innovation Production (manufacturer of electric, hydrogen city buses in Orechová Potôň, Slovakia) developed hydrogen-powered truck (FCEV) built on Ford F-Max platform from Ford Trucks (Refire Prisma XII+ 117kW fuel cell, Dana TM4 Sumo HV 2500 6-P 540kW electric motor, Eaton 4-speed transmission/gearbox, Durapower 122kWh traction battery with range of up to 120 km, CCS2 charging connector, 4x Nproxx 700 bar 12 kg hydrogen cylinders/tanks with range of 600-750 km, maximum permissible gross weight 45 tons, consumption of 8-9 kg H2/100 km). Integration of electric, hydrogen propulsion systems with on-board electronics ensured by Drabpol Automotive. M&I RH120R semi-trailer tractor is homologated according to EU regulations, with development tests and approvals assisted by TÜV Süd Czech (cooperation since 2020). As pilot, MIP to provide hydrogen trucks for testing in real operation to transport/logistics companies Metrans (Hamburger Hafen und Logistik AG/HHLA Group, electric trucks in fleet since 2022, climate neutrality target by 2040) and Waberer's (fleet of 2,800 diesel and HVO 100 vehicles, 25 electric and LNG vehicles)
February 19, 2025 | 02:56pm CETflashread more
Parts
Autofox Helps: ZKW supports fundraising for Ukrainian refugees
November 27, 2022 | 10:29pm CETpublicThe manufacturer of lights for cars, vans, trucks and buses also uses the platform Jobs-for-ukraine.at to provide employment mainly to refugees from Ukraine. Material collection organized by the plant in Krušovce, Slovakia...
read moreAutofox Helps: Porsche Holding Salzburg donated EUR 75,000 to help Ukraine
November 27, 2022 | 10:17pm CETpublicIt is the result of a fundraising among employees in Austria and a contribution from the company's own resources. Allocation for the Neighbor in Need aid campaign, assistance to Ukrainian employees...
read moreAutofox Helps: Ford Fund donated USD 100,000 to Global Giving Ukraine Relief Fund for humanitarian aid to assist Ukrainian citizens, families
June 6, 2022 | 09:42pm CETpublicAt the same time, Ford Motor Company suspended operations in Russia (commercial van manufacturing, sales)...
read moreAutofox Helps: Tesa donated 100 km of warning tapes to corona clinics in Germany
December 9, 2020 | 11:24pm CETpublicDelivery of 3,000 rolls to around 30 hospitals by company manufacturing adhesive tapes not only for automotive industry, part of Beiersdorf Group’s international aid program worth EUR 50 million to support the fight against the covid-19 pandemic...
read moreAutofox Helps: Peugeot SA (PSA) donated 400,000 masks to hospitals, emergency services, local authorities
November 26, 2020 | 11:19pm CETpublicDonation of medical equipment to hospitals in Italy, Spain and France, providing Free2Move, PSA, Peugeot and Opel vehicles to healthcare professionals, production of respirators and visors in 3D printing...
read moreAutofox Helps: Schaeffler donated EUR 1 million to Red Cross for fight against coronavirus
August 26, 2020 | 11:22pm CETpublicIt is a joint help of the company and family shareholders. Already in February, Schaeffler donated EUR 800,000 to Chinese first responder organizations and provided support for Red Cross activities in China...
read moreAutofox Helps: Hyundai undertook series of philanthropic initiatives to support health services across Europe during Covid-19 pandemic
June 21, 2020 | 11:23pm CETpublicLending more than 300 cars to medical staff and key workers, activities in UK, France, Italy, Spain and Poland, actions supporting customers...
read moreAutofox Helps: EDAG Engineering developed face mask for everyday use making 3D print data for mask holders available for free download on website
June 21, 2020 | 11:15pm CETpublicAlternatively, anyone who does not have a 3D printer, can order the Mask4all parts from EDAG's 3D printing partners...
read moreAutofox Helps: Toyota Group engaged in production of medical face shields
May 10, 2020 | 11:25pm CETpublicThe automaker and group companies (Toyota Motor, Toyoda Gosei, Daihatsu Motor, Hino Motors, Toyota Industries, Toyota Auto Body) expands monthly production capacity to 40,000 units planning to reach 70,000 pieces. Affected plants in Japan...
read moreAutofox Helps: Agnelli Family and its companies Exor, Fiat Chrysler, Ferrari, CNH Industrial respond to Covid-19 emergency
May 10, 2020 | 11:04pm CETpublicSeries of measures to support the Italian national health service, EUR 10 million donation to respond to the local health and social needs in the city of Turin and Piedmont, purchase of 150 ventilators and other medical equipment from various overseas suppliers, fleet of Leasys vehicles to the Italian Red Cross and ANPAS...
read moreAutofox Helps: Air Liquide, Peugeot SA (PSA), Valeo, Schneider Electric to make 10,000 ventilators
April 29, 2020 | 12:55am CETpublicRequest from the French government, time horizon, working group composed of experts in purchasing and production, help from 100 partner companies, demands on components, dedicated facility in a carmaker's plant, involvement of volunteers from employees not only of a R&D center, PSA Reserve initiative...
read moreAutofox Helps: Toyota Group helps efforts on front lines of treatment and in limiting further spread of Covid-19/coronavirus
April 21, 2020 | 11:53pm CETpublicAt the same time, the automaker and group companies (Toyota Motor, Toyota Financial Services, Denso, Toyota Boshoku, Aisin Seiki, Daihatsu Motor, Hino Motors) will implement measures aimed at improving structure to drive future recovery. Examples of support activities in Japan, Europe, China, North America and Asia...
read moreLear signed Carmera as development partner in EXO Technology Partnership Program
April 21, 2020 | 11:45pm CETpublicDetails of the partnership program, initial development focused on testing EXO Global Navigation Satellite System (GNSS) correction technology alongside Carmera Autonomous Map...
read moreAutofox Helps: Ford works with 3M, GE, UAW to speed development, production of respirators, ventilators
April 7, 2020 | 11:48pm CETpublicPreparation of mass production of Powered Air-Purifying Respirators (PAPRs) at 3M plants, use of fans from the Ford F-150’s cooled seats, collaboration with GE Healthcare to expand production of simplified version of existing ventilator, production of plastic face shields in conjunction with UAW, 3D printing of disposable respirators for medical professionals...
read moreLear acquired Xevo, provider of connected car software and data-driven user experiences
April 7, 2020 | 11:42pm CETpublicCompletion of the transaction, financial advisor, key services Journeyware and Market, HR...
read moreFränkische moved part of its production from Czechia to Romania
March 11, 2020 | 04:50pm CEToriginalLocations, reasons, HR, work aid from employees from Hungary, turnover in 2018-2020, products, clients including electric vehicle manufacturers, potential of e-mobility…
read moreLear Innovation Ventures (LIV) invested in Israeli venture capital fund managed by Maniv Mobility
March 11, 2020 | 03:32pm CETpublicManiv Mobility's portfolio and investing activities are focused on Israeli start-up companies in the connected, autonomous, ridesharing and mobility sectors, as well as on investments in the U.S. and other markets. Acquisition of EXO Technologies...
read moreToyota Research Institute-Advanced Development, Carmera to create HD maps for automated vehicles using camera data
February 10, 2020 | 11:44pm CETpublicFirst step towards realizing TRI-AD's open software platform concept known as Automated Mapping Platform (AMP), cameras in Toyota test vehicles to collect data over several months from areas of downtown Tokyo, cameras installed in the test vehicles using Toyota Safety Sense (TSS) components...
read moreEBZ bought Kovovýroba Hoffmann
February 10, 2020 | 11:22pm CETpublicRenaming the firm, maintaining jobs, continuing of Marek Hoffmann in the company, annual turnover...
read moreJet 1 investment fund managed by Jet Investment sold Benet Automotive
February 10, 2020 | 10:57pm CETpublicBuyer and his profile, divestment after two years, acceleration of synergistic effects with Fiberpreg from the portfolio of Czech investment company, clients, sales in 2018, transaction and legal advisors...
read morePorsche Holding Salzburg bought further dealer group in Italy
February 10, 2020 | 10:46pm CETpublicCompany, locations, brands, sales and financial results, previous acquisitions of Eurocar Italia, growth in recent years...
read moreGenuine Parts Company (GPC)'s Alliance Automotive Group (AAG) bought AutoBinck's PartsPoint
February 10, 2020 | 10:34pm CETpublicProfile of the distributor of automotive aftermarket parts and accessories in the Benelux, expected annual revenues...
read moreLear Innovation Ventures (LIV) Possibilities: Lear launched new division investing in early stage technologies throught partnerships with venture capital firms, accelerators, incubators
February 10, 2020 | 10:24pm CETpublicIt will also provide direct capital to start-ups and internal innovation projects. Head of division...
read moreZF, Foton opened joint plant in China
February 10, 2020 | 09:55pm CETpublicLocation, products, vehicle segment, extension of cooperation with subsidiary of BAIC Group lasting since 2016...
read moreRubicon Partners sold Ring Automotive to Osram
December 4, 2019 | 11:47pm CETpublicOsram intends to enter markets in Europe, USA and other regions with the Ring product portfolio. Turnover in 2018...
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