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Renault Group: Fabien Goulmy to become Commercial Director of Mobilize Energy on January 1, 2026. Agnieszka Łyżwińska, current Regional Director of Dacia brand for Cluster East, appointed as new Managing Director of Renault, Dacia and Alpine brands for Eastern Europe (Poland, Czechia, Slovakia, Lithuania, Latvia, Estonia)
December 11, 2025 | 07:57am CETflashread more
Sales of new light vehicles in USA fell in November (J.D. Power/GlobalData: -5.2%; Cox Automotive: -7.8%, -7.3% after revision; S&P Global Mobility: -7.9%). November’s results reflect another notable – yet anticipated – decline in new-vehicle sales pace, driven largely by pull-ahead of electric vehicle (EV) purchases prior to expiration of federal EV tax credits on September 30, King (J.D. Power) said
December 11, 2025 | 07:48am CETflashread more
SeAH FSI (manufacturer of fluid systems for automobiles and home appliances with 19 workplaces in 6 countries – South Korea, China, Thailand, Mexico, India, Indonesia; customers: Hyundai, Kia, General Motors/GM, KG Mobility/KGM, Renault, Nissan, Tesla, BMW, Stellantis, Geely, Lotus, Lynk & Co, BYD, XPeng, Li Auto, GAC Motor, Aion, BAIC, TI Fluid Systems, Cooper Standard, Nobel Automotive, SumiRiko Italy/Sumitomo Riko Group, Hutchinson, Inalfa Roof Systems, Webasto, FTE Automotive, Hitachi Cable America, Metalfab Manufacturing, Xandor Automotive, Industrial Quality Management Sdn Bhd/IQM, Hanil Tube, Iljin) to build plant in Ostrava, Czechia for brake and fuel lines made of thin-walled small-diameter steel tubes for automotive industry, first in Europe. Company leased Hall M2 (2,673 sqm, two-thirds for light manufacturing, one-third for storage, 465 sqm of office space; rooftop photovoltaic/PV power plant) in P3 Ostrava Central from P3 Logistic Parks, trial production to begin (SOP) in H2 2026, with serial production starting in 2027. Company to use dedicated testing laboratory located inside hall for product testing, quality control. Initially, SFI Europe to employ around 35 people, gradually growing up to 60 employees. Company to supply leading European carmakers from Czechia. Sam Kim appointed as Managing Director of SFI Europe. SeAH Global has been operating in Europe since 2014 through Inox Tech based in Italy
December 10, 2025 | 07:57am CETflashread more
KBA: New car registrations in Germany up by 2.5% in November (motorcycles -67.3%; buses +82.3%; vans/trucks +1%; trailers +1.4%). Electric vehicle sales grew by 58.1% to 88,174 units (55,741 BEVs +58.5%, 32,433 PHEVs +57.4%), representing share of 35.2% (22.2+12.9%)
December 10, 2025 | 07:51am CETflashread more
SMMT increased 2025 UK new car sales (registrations) outlook from 1,986,000 (+1.7%) to 2,012,000 (+3%), of which battery electric vehicles (BEVs) from 472,000 (+23.6%) to 469,000 (+22.8%), and 2026 forecast from 2,019,000 to 2,032,000, of which BEVs from 569,000 to 574,000. Simultaneously, association published its first estimate for 2027 at 2,058,000 cars, of which 663,000 BEVs
December 8, 2025 | 07:57am CETflashread more
AutoSAP: 24,713 (passenger) electric vehicles produced in Czechia in October (+20.7%; 20,953 battery electric vehicles, +34.8%, 3,760 plug-in hybrids, -23.6%), of which 24,701 cars (+20.7%; Škoda: 17,006 BEVs, +29.1%, 2,597 PHEVs, -9.8%; Hyundai: 3,935 BEVs, +66.7%, 1,163 PHEVs, -43.1%) and 12 buses (SOR: 1 BEV; Škoda Electric: 0 BEVs; Iveco: 11 BEVs)
December 8, 2025 | 07:53am CETflashread more
China expanded export restrictions on rare earth elements (REE; including alloys) on November 8, which are important for automotive industry and other sectors (magnets, battery cells, semiconductors, green energy). China's Ministry of Commerce added five more metals (holmium, erbium, thulium, europium, ytterbium) to list of seven elements (samarium, gadolinium, terbium, dysprosium, lutetium, scandium, yttrium) with restricted exports, bringing list to 12 metals (out of total of 17 REEs)
December 8, 2025 | 07:48am CETflashread more
Electric vehicle drivers consumed 2,660 MWh of electricity (+6.4% q/q, +45% y/y) in PRE Point public charging network in Czechia in Q3 during 136,000 recharges (+6.3% q/q, +39% y/y) at 874 charging stations (785 owned by Pražská energetika, 89 in partnership mode), 7,610 MWh (+47%) in Q1-3. Average electricity consumption per charging increased to 30.3 kWh at ultra-fast charging (UFC) stations, utilization according to charging station performance to 3.66% (time utilization to 7.55%). Our PRE Point network reached 4% utilization in September for first time in history in terms of performance and even significantly exceeded 8% in terms of time, Hladík said, adding that PRE plans to operate 900 public charging stations by end of 2025
December 8, 2025 | 07:44am CETflashread more
Electric vehicle drivers consumed more than 770 MWh of electricity (+23% m/m; Prague: 139,536 kWh, South Moravian Region: 115,493 kWh, Vysočina Region: 102,527 kWh, South Bohemian Region: 87,463 kWh, other regions: 324,981 kWh) during 32,625 recharges (+25% m/m) in E.ON Drive public charging network in Czechia in October, 5,798 MWh during 247,625 recharges at 706 charging points at 344 stations in more than 220 locations in first 10 months. Consumption increased most in Olomouc Region (+59% m/m). In Olomouc Region, we also recorded higher use of our charging location for heavy goods vehicles and buses in Mořice. While we had units of charging there monthly after opening in July, we are currently talking about dozens. In addition to trucks, long-distance buses (coaches) that have Mořice on their routes are also charging there, Klíma said
December 5, 2025 | 07:49am CETflashread more
AutoSAP: Car production in Czechia down by 12.2% y/y to 124,600 in October (Škoda+SEAT/Cupra -12.7%, Hyundai -20.5%, Toyota +2.4%). Buses (Iveco +31.5%, SOR +23.3%, Škoda Electric 0 units), motorcycles (Jawa +72.2%) successful differently. Electric car production increased by 20.7% to 24,701 BEVs and PHEVs, while internal combustion engine car (ICEV) manufacturing decreased by 17.7% to 99,899 units
December 5, 2025 | 07:44am CETflashread more
ACEA: New car registrations in EU up by 5.8% in October (Volkswagen +7.9%; Stellantis +6.6%; Renault +10%; Toyota -10.8%; Hyundai +0.1%; BMW +8.7%; Mercedes-Benz +2%; Ford -8.8%; Volvo Cars -7.6%; SAIC +56%; Nissan -3.2%; Suzuki -8.8%; Tesla -48%; Mazda -9%; BYD +195%; Jaguar Land Rover -12.5%; Honda +10.9%; Mitsubishi -47.9%), individual fuel/power types successful differently (BEV +38.6%, PHEV +43.2%, HEV+MHEV +9.4%, FCEV+NGV/CNG+LPG+biofuel/ethanol +18.6%, petrol -14.3%, diesel -21.9%)
December 4, 2025 | 07:57am CETflashread more
Automakers
Management of leasing company SkoFIN slimmed in summer
September 14, 2009 | 06:17pm CEToriginalStefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...
read moreMann+Hummel expects further expansion of its plant in Czech Rep
September 14, 2009 | 05:50pm CEToriginalConstantly strengthening aftermarket and original spare parts segment as well as new orders from carmakers will quickly fill the production capacity of plant...
read moreCredium became next partner in field of Kia dealer network wholesale financing in Czech Rep
September 14, 2009 | 04:56pm CEToriginalThe company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
read moreLexus began to offer branded financing of its cars in Czech Rep
September 14, 2009 | 02:17pm CEToriginalUnder the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...
read moreChinese carmaker BAIC to enter Koenigsegg, helping with Saab’s takeover
September 14, 2009 | 01:49pm CEToriginalBAIC is going to acquire a minority stake in Koenigsegg. Koenigsegg should be helped with the financing of Saab’s acquisition by other Chinese carmaker...
read moreMinistry of Defence purchased further 25 vehicles for CZK 100 million from Tatra
September 14, 2009 | 01:17pm CEToriginalIt is a delivery of vehicles outside the initially concluded contract from 2006 including 556 cars for CZK 2.6 billion. Moreover, Tatra gave a few cars for free to the Army...
read moreAvia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreLouwman began to sell Lexus cars in Czech Rep, opening showroom in Prague 5
September 13, 2009 | 08:31pm CEToriginalThe new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…
read moreGeneral Motors to sell majority share in Opel to consortium Magna/Sberbank
September 11, 2009 | 09:48am CEToriginalMagna and Sberbank will acquire a 55% share, Opel employees 10% share and 35% will remain to GM. Magna foresees a strong growth of Opel, especially in...
read moreHyundai to start building its third factory in China in early 2010
September 10, 2009 | 04:27pm CEToriginalHyundai has an annual production capacity of 600,000 cars in China at present, planning to sell 500,000 cars there this year. The new plant will increase capacity to...
read moreChinese carmaker Geely interested in takeover of passenger cars manufacturer Volvo Car
September 10, 2009 | 12:10pm CEToriginalHowever, it is clear from the statement of the Geely Automotive CEO that Ford is not offering to sell Volvo now...
read moreRobertson: BMW sales might return to growth in coming months
September 9, 2009 | 12:50pm CEToriginalFor the whole year, the carmaker is however expecting drop. The sale’s fall of the carmakers BMW and Audi was lower than 10 % in August, namely...
read moreToyota sees revival of global car sales
September 9, 2009 | 11:10am CEToriginalTherefore, the company will employ 800 agency staff in Japan, who will increase the number of employees to more than 2,000. Most of them will join the plant which manufactures...
read moreNew car sales in Britain increased by 6% due to scrap bonus in August
September 8, 2009 | 10:08pm CEToriginalIt was a second growth in two months. Ford Focus became the best selling car in August. It has been followed by another Ford model…
read moreSuzuki to build new plant in India replacing another outdated factory
September 8, 2009 | 08:40pm CEToriginalThe new plant will have production capacity around 250,000 cars per year; the overall capacity of the carmaker in India…
read moreOpel and Chevrolet brands to separate in GM, whatever happens to German carmaker
September 7, 2009 | 11:45pm CEToriginalOpel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...
read moreFormer Opel and Chevrolet showroom in Svitavy to be auctioned for second time in October
September 7, 2009 | 11:19pm CEToriginalThe first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...
read moreDeripaska: Russian carmaker GAZ has no interest in Opel share
September 7, 2009 | 10:35pm CEToriginalThere were information last week that GM is not going to sell its German division in order to prevent Opel technology falling into the Russian hands. However, GAZ offers...
read moreCitroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September
September 7, 2009 | 08:57pm CEToriginalWhen using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
read moreSkoda Auto plans Fabia’s production slump and dismissals
September 7, 2009 | 03:47pm CEToriginalThe production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...
read moreGeneral Motors to restore production in Venezuela after three months
September 7, 2009 | 02:51pm CEToriginalThe government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...
read moreRenault began offering secondary manufactured spare parts called Motrio for older cars
September 7, 2009 | 12:59pm CEToriginalWhile maintaining the Renault quality standards, the owner of an older car may significant save the service expenses. Renault also offers remanufactured parts...
read moreDaimler and Porsche plan working hours’ reduction this year
September 7, 2009 | 11:22am CEToriginalDaimler plans to proceed to shorter working hours in Q4 again. By the end of the year, Porsche plans to suspend production in its factory in...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreAutobond expands to further city in Czech Rep
September 6, 2009 | 11:42pm CEToriginalAfter a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
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