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Hydrogen/Carbon Capture Technology World Expo 2025: Total of 943 exhibitors to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 21-23), including 3M, ABB, AFRY, AGC Chemicals/AGC Plasma Technologies, AIP Automotive, Air Products, Atlas Copco Gas and Process, Axens, BASF, Bibus Metals, Bilfinger, Bosch, Capsol Technologies, CaptureMap, Cellcentric, ContiTech, Daido Steel, Dehn, Donaldson, Dräger, DuPont Specialty Products Operations, e-Mobil BW, Ekpo Fuel Cell Technologies, ElringKlinger, Engie, Evonik Industries, EY Parthenon, Festo, Forze Hydrogen Racing, Freudenberg, GKN Powder Metallurgy, Henkel, Hexagon Purus, Horiba, IDTechEx, Ineos Electrochemical Solutions, Ingersoll Rand, Kawasaki Heavy Industries, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions/Everllence, Mitsubishi Heavy Industries, Mitsui E&S, Mubea, Murrelektronik, Nippon Chemical Industrial, Nissan Chemical, Nitto, Nproxx, Parker Hannifin, Phinia, Phoenix Contact, PPG Aerospace, Purem/Eberspächer, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Sick, Siemens Energy, Stäubli Tec Systems, Sumitomo SHI FW/Cryogenics, Technip Energies/Shell Catalysts & Technologies, ThyssenKrupp Nucera/Automation Engineering, Toray, Veolia, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd, Voestalpine Tubulars, Voith, Worthington Cylinders, Yamamoto Electric Works or Zepp.solutions
October 21, 2025 | 07:48am CETflashread more
J.D. Power, GlobalData increased 2025 global new light-vehicle sales outlook by 900,000 cars, vans from 90.3 million (+1.7%, 2024: 88.6 million) to 91.2 million (+2.7%). Several recent developments point to more positive outlook for global auto market in remainder of 2025. Though trade tensions remain, situation has stabilized to some extent, compared with constantly changing picture earlier in year. Meanwhile, ongoing government stimulus in China warrants more optimistic forecast in world’s largest light-vehicle market, Oakley (GlobalData) said
October 20, 2025 | 07:55am CETflashread more
Trends in Insurance Industry of Czechia & Slovakia 2025: Conforum to hold 11th conference on Czech, Slovak insurance market in Prague, Czechia on October 21. Representatives of Uniqa, Union, Agra, BNP Paribas Cardif, Generali Česká pojišťovna, ČPP (Česká podnikatelská pojišťovna), Kooperativa, Slavia Pojišťovna, Trinity Bank, Česká spořitelna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event
October 20, 2025 | 07:47am CETflashread more
SMMT: New car registrations in UK up by 13.7% in September, by 4.2% to 1.58 million in Q1-3 (vans up to 3.5 tonnes -2.1%, -9.8% to 241,264; trucks up to 6 tonnes -1.7%, +25.5% to 8,522). Individual fuel/power types performed differently in Q1-3 (BEV: 349,414 +29.4%; PHEV: 172,639 +38.2%; HEV: 222,669 +8.6%; petrol: 749,794 -8.2%; diesel: 83,656 -14.3%)
October 17, 2025 | 07:47am CETflashread more
Atlas Copco acquired VisionTools Bildanalyse Systeme (supplier of integrated solutions for quality control in assembly lines with focus on automotive industry with 80 employees in Waghäusel, Germany; customers: Audi, MAN, Porsche, Scania, SEAT, Škoda, Volkswagen, BMW, Mini, DAF, Fiat, Opel, Peugeot, Stellantis, Ford, General Motors/GM, Hyundai, Kia, Jaguar, Land Rover, Mercedes-Benz, Mercedes-AMG, Mitsubishi Motors, Nissan, Renault, Rover, Smart, Volvo, Vinfast, ABB, BBS, BorgWarner, Bosch, Continental, Dürr, Eberspächer, Engel, INA, Isringhausen, Kolbenschmidt, Kuka, Mahle, Nemak, Samvardhana Motherson Peguform/SMP, Siemens, ThyssenKrupp, Valeo, Voith, Wabco; revenues of EUR 14 million in 2023) from Scania Growth Capital, integrating it into Motor Vehicle Industry (MVI) Tools and Assembly Systems division belonging to Industrial Technique business unit
October 17, 2025 | 07:39am CETflashread more
Expected development of automotive industry in Czech Republic and in world 2025: 22nd automotive conference to take place in Brno, Czechia on October 22. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Kia Slovakia, THT Polička, Vitesco Technologies, Valeo, Brano Group, Plastika, Fanuc, Adastra, Minerva, Dytron, Admasys, Akkodis, DEL, Pharis, SVS FEM, Trusted Network Solutions, 3C Systems, Ekomaziva, E.ON Drive Infrastructure, Enovation, KPMG, Česká spořitelna, ČNB (Czech National Bank) to speak at event
October 16, 2025 | 07:54am CETflashread more
KBA: New car registrations in Germany up by 12.8% in September, down by 0.3% to 2.11 million in Q1-3 (motorcycles -12%, -24.2%; buses +60%, +12.8%; vans/trucks +22.7%, -7.9%; trailers +3.7%, -4.8%). Electric vehicle sales grew by 46.6% to 599,962 in Q1-3 (382,202 BEVs +38.3%, 217,760 PHEVs +63.9%), representing share of 28.4% (18.1+10.3%)
October 16, 2025 | 07:48am CETflashread more
Kasko (manufacturer of plastic parts with 330 employees in Slavkov, Czechia; supplier for Škoda Auto, Robert Bosch, Grupo Antolin, Volkswagen, Hella, Hanon Systems, Varroc, Adient, Magna, Mitsubishi Electric for Škoda, VW, SEAT, Audi, Ford, Kia, Suzuki, Opel, Citroën, BMW, Toyota, Land Rover, Iveco, Jaguar, Nissan, Volvo, Bentley, Mercedes, Lincoln, Porsche, Range Rover, MAN, Scania, Peugeot vehicles) expects production growth in 2025, revenues for its own products to increase by approximately 5% (2024: CZK 676 million/EUR 28 million, total turnover of CZK 923 million/EUR 38 million). This year, company to invest more than CZK 40 million (EUR 1.6 million) in new production equipment and 3rd stage of photovoltaic power plant (2024: CZK 44 million/EUR 1.8 million). Automotive supplier saved total of 3,190 tons of CO2 emissions in Scope 1-3 in 2022-2024 by installing PV plants, planting trees and recycling materials, setting targets for 2030, according to first voluntary sustainability report (ESG report)
October 16, 2025 | 07:40am CETflashread more
Sales of new light vehicles in USA grew in September as well as in Q1-3 (J.D. Power/GlobalData: +4.5%, n/a; Cox Automotive: +6%, +4.1% to 12.28 million, +6.2% to 4.15 million in Q3; S&P Global Mobility: +4.9%, n/a; Edmunds: n/a, n/a, +4.7% to 4.08 million in Q3). Biggest driver of September’s strong sales pace is temporarily inflated demand for electric vehicles, King (J.D. Power) said
October 16, 2025 | 07:34am CETflashread more
AutoSAP: 23,586 (passenger) electric vehicles produced in Czechia in August (+30.4%; 17,970 battery electric vehicles, +22.9%, 5,616 plug-in hybrids, +62.2%), of which 23,585 cars (+30.5%; Škoda: 16,030 BEVs, +24.2%, 2,730 PHEVs, +42.9%; Hyundai: 1,939 BEVs, +13.9%, 2,886 PHEVs, +86%) and 1 bus (SOR: 1 BEV; Škoda Electric: 0 BEVs; Iveco: 0 BEVs)
October 13, 2025 | 07:54am CETflashread more
Automakers
Chrysler reportedly to announce bankruptcy, agreement on alliance with Fiat completed
April 30, 2009 | 07:57pm CEToriginalNegotiations with creditors have failed even though the Ministry of Finance has increased its offer considering the exchange of remitted debt for...
read moreGM’s creditors seek to obtain majority in the company
April 30, 2009 | 05:31pm CEToriginalOnly 1% of the enterprise should remain to the existing shareholders, while the US government should...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
read moreAston Martin officially opened its 125th dealership in Prague today
April 29, 2009 | 10:27pm CEToriginalThe dealership has been acquired by Auto-Exner company which added the brand to its portfolio along with Bentley and Lamborghini. Aston Martin has been negotiating the dealership with...
read moreVW’s net profit fell by 72% at revenues fall of 11%
April 29, 2009 | 08:21pm CEToriginalThe results are then slightly better than the preliminary data from the beginning of April. Divisions of VW, Seat and Bentley posted...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreSkoda Auto net profit decreased by 91.4% at revenues fall of 29.6% in Q1
April 29, 2009 | 06:18pm CEToriginalThe biggest Czech carmaker´s sales declined due to the recession by 17.5% to 143,079 cars. The production...
read moreLesy CR purchased anti radars to new Audi limousines
April 29, 2009 | 05:00pm CEToriginalThe company paid CZK 135.000 for them. Price of seven company-owned cars amounted CZK 8.3 million, thus more than...
read moreQatar interested in purchasing share in Porsche carmaker
April 29, 2009 | 04:17pm CEToriginalBoth sides have already negotiated on the subject, according to Qatar prime minister. Share sale to Qatar might...
read moreGM's creditors disagree with restructuring plan, and predict bankruptcy
April 28, 2009 | 09:56pm CEToriginalCreditors require to be treated equally with trade unions; this means that they should get shares in the same ratio as...
read moreTentative agreement: Saturday’s shifts in Skoda Auto according to unions, time accounts as of September
April 28, 2009 | 04:42pm CEToriginalFirst 50 employees of the Volkswagen plant in the Slovak town Martin have begun to work in the Skoda carmaker on Monday. In the second wave...
read moreDaimler agreed on withdrawal of its remaining 20% share in Chrysler
April 28, 2009 | 03:56pm CEToriginalThe complete Daimler‘s departure will untie the Chrysler’s hands for agreement negotiation of an alliance with the Italian company Fiat, and...
read moreGeneral Motors to cut about 27,000 jobs, government might acquire GM's majority share
April 27, 2009 | 10:30pm CEToriginalOut of the total, 21,000 will for the US and 5,900 for Canada. The carmaker also intends to discontinue the Pontiac brand and reduce...
read moreToyota Urban Cruiser: In sale from CZK 399,900; 4x4 version from CZK 479,900
April 27, 2009 | 05:31pm CEToriginalToyota is entering the B-SUV segment with this model in which the company would like to acquire 4% share. In the Czech Republic the company would like to sell...
read moreUS trade unions agreed on concessions with Chrysler, Fiat and the government
April 27, 2009 | 05:25pm CEToriginalThe only carmaker’s obstacle in obtaining the state assistance is now the negotiation with creditors. The agreement with Fiat on the assumption of 20% share in Chrysler...
read moreHyundai 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 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 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 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…
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