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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
SDA: New car registrations in Czechia up by 10.6% in October (vans +22.6%; trucks +1.1%; buses +1.6%; motorcycles -14.1%; trailers+semitrailers +4.4%), individual fuel/power types successful differently (BEV: 1,264 -14.3%, PHEV: 986 +85.3%, LPG: 595 +44.4%, petrol: 16,238 +17.2%, diesel: 4,215 -12.2%). Regarding internal combustion engine (ICE) cars (20,453), 5,474 of them were HEVs+MHEVs (+40.7%)
December 4, 2025 | 07:48am CETflashread more
Take Charge Europe: European Union (EU) should maintain its 2035 zero-CO2 emissions target for new cars and vans, over 50 other CEOs and business leaders from Europe’s e-mobility ecosystem, including vehicle manufacturers, battery producers, charging providers, software developers, material suppliers, electricity suppliers, engineering service providers and grid operators (Nio, Easelink, Eldrive, Electric Avenue, Enapi, Etrel, EVwire, Flexecharge, FlexiCharge, Mennekes, Orange Charging, Phoenix Contact, PlugSecure, PowerGo, Skwatt, TandemDrive, TEAG/Thüringer Energie AG, Technagon, The Mobility House, Tridens, Verize, WattEd, Yusco), said in joint call by associations E-Mobility Europe and ChargeUp Europe. On contrary, representative of Rivian, in which Volkswagen/Porsche Automobil Holding SE holds 12.1% interest, disappeared from list of more than 200 top managers
December 3, 2025 | 07:57am CETflashread more
Automakers
General Motors to close 13 plants in USA and Mexico temporarily
April 24, 2009 | 10:58am CEToriginalThe closures will be under way from May till July. Their duration will vary according to a particular plant. GM intends to cut production this way by...
read moreCourt in Usti halted insolvency proceedings in BTV plast
April 23, 2009 | 11:43pm CEToriginalLiberec-based company Eurostav, which initialized the proceedings on April 20, has...
read moreFiat intends to take over Opel, according to works council
April 23, 2009 | 11:04pm CEToriginalFiat might sign a preliminary agreement on purchase of Opel's major share already on...
read moreFaurecia suspended expansion in Czech Rep, projected plant in Karvina not to be built
April 23, 2009 | 09:39pm CEToriginalProjects that were supposed to constitute the Karvina-based plant's production have been transferred or remained in other plants manufacturing exhausts of the Faurecia group...
read moreCrisis marked also the regional Liberec Motor Show
April 23, 2009 | 07:23pm CEToriginalThere are 12 brands displayed at the 19th year of the motor show, which has started on Wednesday. The exhibitors present here…
read moreSkoda Auto considers Fabia model ‘s production also in Vrchlabi
April 23, 2009 | 06:44pm CEToriginalFabia models are currently the most required due to the scrap bonus and the carmaker does not want to lose customers because of the long waiting time. In March, the Fabia model’s sales amounted to...
read moreFiat fell in loss of EUR 410 million, negotiating with Chrysler further on
April 23, 2009 | 05:11pm CEToriginalThe reason was rapid decline of car sales caused by the global economic crisis. Fiat's revenues have declined by...
read moreToyota's sales dropped by 27% to 1.767 million cars in Q1
April 23, 2009 | 04:35pm CEToriginalToyota has thus kept position of the largest car dealer in the world ahead of the competing Volkswagen with a difference of...
read moreKnorr 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 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 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 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 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 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...
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