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Portu, ČSÚ: If price of petrol followed growth of average net wage in Czechia since 1989, one litre would currently cost approximately CZK 124/EUR 5. Purchasing power of Czechs increased approximately threefold over past 36 years, when price of Natural 95 raised from CZK 8/EUR 0.33 to CZK 34.46/EUR 1.42 per liter in 1989-2025 (+331%), but Czech salaries grew from CZK 2,500/EUR 100 to CZK 38,815/EUR 1,600 (+1453%) on average. Gasoline thus became roughly three times cheaper in real terms, when at that time Czech bought 312 litres for average wage, but last year 1,126 liters
April 7, 2026 | 07:57am CETflashread more
PFA: New car registrations in France up by 12.9% in March, down by 2.1% to 401,556 units in Q1 (vans up to 5.1 tonnes +10.9%, +4%; trucks +3.1%, -3.7%). Share of battery and fuel cell electric vehicles (BEVs, FCEVs) increased by 9.7 pp to 27.9% in first three months, penetration of electrified vehicles (including hybrids) by 11.7 pp to 79.6%
April 7, 2026 | 07:52am CETflashread more
Ústí nad Labem Region, Czechia approved delimitation of areas for deep mining of lithium at Cínovec in Ore Mountains. Decision of representatives is key for further decisions by investor Geomet (51/49 joint venture of Severočeské doly/ČEZ and European Metals Holdings/EMH) on implementation of project worth CZK 42 billion (EUR 1.7 billion), of which costs of building processing plant should be CZK 25 billion and mine itself CZK 5 billion. Project made significant progress in recent years – completion of definitive feasibility study/DFS and submission of EIA documentation to Ministry of Environment (December 2025), awarding subsidy of maximum of EUR 350 million/CZK 8.8 billion for construction of lithium processing plant in Prunéřov near Chomutov from Strategic Investments for Climate Neutral Economy programme (November 2025), receiving grant of CZK 800 million/EUR 32 million from Fair Transition Fund (April 2025), inclusion by European Commission among strategic projects under Critical Raw Materials Act/CRMA regulation (March 2025), changing location of processing plant from Dukla industrial zone near Újezdeček to Prunéřov to site of former coal-fired power plant (April 2024), EBRD invested EUR 6 million in EMH shares and currently holds 5.18% interest (July 2023), redemption of land and options in Dukla location for CZK 966 million (June 2023), EMH approved transfer of 51% stake to ČEZ by increasing Geomet's capital by EUR 29.1 million (April 2020), EMH acquired Geomet (February 2014), Geomet founded (November 2007). This to be followed by preparation of documentation for building permit. Investor expects mining to begin in 2030. Mining operation and raw material processing plant to directly create approximately 2,000 jobs, with further 2,000 jobs created in downstream supply chain. Total of 3.2 million tonnes of ore per year can be mined at Cínovec and will produce approximately 37,500 tons of battery-grade lithium carbonate for up to 1.3 million electric vehicles (EVs). Czechia has 10th largest lithium reserves in world (3-5%) and 2nd largest in Europe after Germany. Net present value (NPV) in Cínovec deep deposit was USD 1.94 billion as of January 2022. Automotive industry accounts for about 10% of Czechia’s GDP. In coming years, it will undergo inevitable transformation from internal combustion engines (ICEs) to electromobility. Czech source of lithium will help preserve jobs, automotive tradition, wide supply chain and follow-up services, added ČEZ, which is also planning gigafactory for electric car battery cells in Prunéřov
April 7, 2026 | 07:46am CETflashread more
Sales of new light vehicles in USA fell in March as well as in Q1 (JD Power/GlobalData: -14.8%, -7.4% to 3.66 million; Cox Automotive: -14.2%, -12% after revision, -6.5% to 3.67 million; S&P Global Mobility: -13.7%, -5.1% to 3.7 million; Edmunds: n/a, -6.3% to 3.69 million). March 2025 sales were inflated by consumers who rushed to showrooms in anticipation of big increase in vehicle prices due to tariffs. Putting aside last year’s results, March 2026 shows continued strong demand for new vehicles, despite concerns around fuel prices and economic uncertainty. In fact, March results would have been even stronger were it not for unusually low availability of one of the industry’s best-selling vehicles (Ford F-Series/F-150), King (JD Power) said
April 7, 2026 | 07:40am CETflashread more
AutoSAP: Total of 27,162 (passenger) self-charging hybrid electric vehicles produced in Czechia in February (+23.6%), of which 27,139 cars (+23.9%; Hyundai: 6,952 HEVs, -36.5%; Toyota: 20,187 HEVs, +84%) and 23 buses (-61.7%; Iveco: 23 HEVs, -61.7%). Manufacturing of electrified cars increased by 16.8% to 53,222 BEVs, PHEVs and HEVs, representing 41.1% share of total output
April 2, 2026 | 08:08am CETflashread more
SMMT: Vehicle production in UK down by 17.2% y/y to 68,061 units in February, of which 65,885 cars (-10.7%) and 2,176 commercial vehicles (-74%; buses, coaches, vans, trucks, taxis). Manufacturing of electrified cars fell by 2.8% to 26,629 BEVs, PHEVs and HEVs, representing 40.4% share of total output (+3.3 pp)
March 31, 2026 | 07:58am CETflashread more
ACEA: New car registrations in EU up by 1.4% in February (Volkswagen +2.6%; Stellantis +9.8%; Renault -15.5%; Toyota -4.8%; Hyundai -3.4%; BMW -4.2%; Mercedes-Benz -5.7%; Ford -24.4%; Volvo Cars -12.2%; SAIC +14%; Nissan -8.5%; BYD +185.3%; Suzuki -13.4%; Tesla +29.1%; Mazda -3.9%; Jaguar Land Rover -15.9%; Honda +16.4%; Mitsubishi -48.8%), individual fuel/power types successful differently (BEV +20.6%, PHEV +32.1%, HEV+MHEV +10.1%, FCEV+NGV/CNG+LPG+biofuel/ethanol -39.6%, petrol -17.9%, diesel -12.8%)
March 31, 2026 | 07:54am CETflashread more
AutoSAP: Total of 26,128 (passenger) electric vehicles produced in Czechia in February (+10.2%; 21,408 battery electric vehicles, +11.9%, 4,720 plug-in hybrids, +3.3%), of which 26,083 cars (+10.2%; Škoda: 18,921 BEVs, +19.8%, 2,988 PHEVs, +25%; Hyundai: 2,442 BEVs, -26.2%, 1,732 PHEVs, -20.4%) and 45 buses (SOR: 9 BEVs; Iveco: 36 BEVs)
March 31, 2026 | 07:45am CETflashread more
Electric vehicle drivers consumed 1,680 MWh of electricity (+100%) during 68,000 recharges (+100%) in E.ON Drive public charging network in Czechia in first 2 months (Prague: 255,500 kWh, South Bohemian Region: 221,546 kWh, South Moravian Region: 219,666 kWh, other regions: 983,288 kWh), 12 charging stations added in four locations
March 30, 2026 | 07:54am CETflashread more
Statistics Austria (Bundesanstalt Statistik Österreich): New car registrations in Austria up by 8.5% to 21,288 in February. Penetration of battery electric vehicles reached 20.9% (4,439 units, +4.9%), total share of electrified cars (BEVs, PHEVs, HEVs, MHEVs) increased by 4.2 pp to 62.3%
March 30, 2026 | 07:49am CETflashread more
AutoSAP: Car production in Czechia up by 7.3% y/y to 129,344 in February (Škoda+SEAT/Cupra +9.8%, Hyundai -3.9%, Toyota +10.7%). Buses (Iveco +2.6%, SOR +620%), motorcycles (Jawa +122.2%) successful differently. Especially in context of slight cooling in European markets, high pace of domestic production since beginning of year confirms stable demand for vehicles manufactured in Czech Republic. Proven and long-standing popular models continue to play key role in production – Škoda Octavia, Kamiq or Fabia, hybrid Toyota Yaris and Aygo X or Hyundai Tucson SUV. However, new electrified models, such as fully electric Škoda Elroq or Enyaq, are also increasingly making their way into production mix, Petzl said. Electric car manufacturing increased by 10.2% to 26,083 BEVs and PHEVs, while internal combustion engine car (ICEV) output up by 6.6% to 103,261 units
March 30, 2026 | 07:44am CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 18.9% to 286,277 units (186,974 BEVs, +13%; 99,303 PHEVs, +32%) in January, representing 30% share in total registrations (penetration, +5.7 pp). BYD (8,977 cars, +86%) was best-selling Chinese battery electric vehicle brand, followed by Volvo (6,863, -5%), Leapmotor (3,833, +357%), Polestar (2,887, +13%), MG (2,637, -19%), Xpeng (1,730, +86%), Smart (963, -19%), Omoda (452, +201%), Jaecoo (440, new) and Zeekr (437, +267%)
March 30, 2026 | 07:39am CETflashread more
AutoFox News
Autofox Helps: Allianz donates over EUR 900,000 to areas in Central Europe affected by floods
September 23, 2024 | 10:36pm CETpublicThe company will allocate the money to the Red Cross and other organizations that operate in the affected region. As an initial contribution, the most affected countries, Austria, Poland and Czechia, will each receive an amount of EUR 300,000. Allianz Central Europe will also match its Central European employees' donations...
read moreAutofox Helps: Czechoslovak Group donates 12 Tatra vehicles worth over EUR 4 million to firefighters for flood relief in Czechia
September 23, 2024 | 10:25pm CETpublicThe donation includes newly manufactured vehicles that were initially prepared for distribution to the dealer network. CSG will provide the Fire Rescue Service of the Czech Republic (HZS) with nine tipper trucks on the Tatra Phoenix chassis (three in the 8x8 configuration, six in the 6x6 version) and three cranes on the Tatra Force chassis...
read moreAutofox Helps: Hyundai donates CZK 10 million (EUR 400,000) to areas around plant in Czechia affected by floods
September 18, 2024 | 02:51pm CETpublicThe company put the money into a collection on the donation platform Donio, where Hyundai Motor Manufacturing Czech employees and other interested parties can also contribute. In addition, the factory in Nošovice also lent five cars free of charge to the non-profit organization People in Need, which will help in affected regions...
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Source: ECB, May 6, 2026