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Smart Energy Week (H2 & FC Expo, PV Expo, Battery Japan, Smart Grid Expo, Wind Expo, Biomass Expo, Zero-E Thermal Expo, CCUS Expo), Green Transformation Week (Decarbonisation Expo, Circular Economy Expo) 2025: 1493 exhibitors, including ABB, AGC, Aisin, Analog Devices, Asahi Kasei, Bosch, Cellcentric, Dassault Systèmes, Dräger, e-Mobil BW, Forvia Faurecia, Fraunhofer ICT, Futaba Electric, Henkel, Hexagon, Hilite Automotive Technology, Hitachi, Honda, Horiba, IDTechEx, Itochu Ceratech, Kawasaki Hydrogen Road, Konica Minolta, Kubota, Kyocera Communication Systems, Mann+Hummel, Mitsubishi Electric, Mitsubishi Gas Chemical, Motherson Yachiyo Automotive Systems, NEC, Nippon Steel, Nitto Kohki, Polyplastics Evonik, Saft/TotalEnergies, Schaeffler, Sécheron, Seiki, Stäubli, Sumitomo Electric, Sumitomo Heavy Industries, Suzuki Shokan, Teijin Engineering, Tokai Rika, Toshiba, Toyota Motor, Toyota Tsusho and TÜV Rheinland, to join exhibition on renewable energy (hydrogen & fuel cells, photovoltaics, batteries, smart grids, wind, biomass, zero-emission thermal power generation, carbon/CO2 capture & utilisation & storage) and green transformation (decarbonization, circular economy) technologies in Tokyo, Japan (February 19-21)
February 18, 2025 | 11:51am CETflashread more
Coface CEE Top 500 Ranking 2024: Utilities and public services sector (70 largest firms, -12 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) decreased turnover by 6.8% to EUR 191 billion in 2023 (2022: EUR 205 billion), but number of employees grew slightly. Largest companies in sector include PGE Polska Grupa Energetyczna (EUR 22.11 billion, +31%; 42,552 people, +12%), MVM (EUR 13.27 billion, -33%; 18,691, +4%), Enea (EUR 10.14 billion, +46%; 17,853, +3%), Tauron Polska Energia (EUR 9.83 billion, +17%; 18,946, -26%), ČEZ (EUR 8.82 billion, +12%; 6,345, +8%), Polskie Sieci Elektroenergetyczne/PSE (EUR 6.09 billion, +4%; 2,937, +7%), Holding Slovenske elektrarne/HSE (EUR 5.12 billion, -8%; 226, +8%), ČEZ Prodej (EUR 4.88 billion, +32%; 1,181, -5%), Slovenské elektrárne (EUR 4.79 billion, -4%; 3,962, +2%), Slovenský plynárenský priemysel/SPP (EUR 3.92 billion, -1%; 727, +2%), ČEZ ESCO (EUR 3.89 billion, +53%; 296, +16%), Veolia Energia Polska (EUR 3.3 billion, +42%; 4,395, +2%), Innogy Energie (EUR 2.85 billion, -10%; 211, -4%), E.ON Energie (EUR 2.79 billion, +21%; 307, +12%), Alpiq Energy (EUR 2.69 billion, -61%; 48, -14%), MND (EUR 2.2 billion, -75%; 856, +4%), Engie Romania (EUR 2.16 billion, -29%; 831, +0%), ZSE Energia (EUR 2.07 billion, -11%; 304, +3%), Uniper Hungary (EUR 2.07 billion, -48%; 35, +0%), E.ON Energie Romania (EUR 2.07 billion, -25%; 679, +2%), E.ON Energiamegoldások (EUR 1.87 billion, -5%; 349, +4%), Stredoslovenská energetika (EUR 1.83 billion, +21%; 370, +2%), Pražská energetika/PRE (EUR 1.77 billion, +32%; 475, +1%), ČEZ Distribuce (EUR 1.53 billion, -18%; 4,606, +0%), Pražská plynárenská (EUR 1.09 billion, -17%; 487, +6%), E.ON Polska (EUR 1.06 billion, +1%; 420, +6%), ČEPS (EUR 896 million, -9%; 500, +0%), Východoslovenská energetika/VSE (EUR 891 million, -2%; 252, -3%), Veolia Energie ČR (EUR 805 million, +42%; 1,000, +0%), Engie Energy Management Romania (EUR 696 million, -57%; 0, n/a)
February 18, 2025 | 11:42am CETflashread more
JATO Dynamics: Sales (registrations) of new cars in Europe (28 countries) up by 0.9% to 12.91 million in 2024, of which 53.6% were SUVs (6.92 million, +4% – B-SUV 2.46 million, +5%; C-SUV 2.91 million, +4.8%; C/D-SUV 650,000, -1.7%; D-SUV 511,000, -1.3%; A-SUV/E-SUV 389,000), 41.5% hatchbacks, sedans, wagons (5.36 million, -3% – A-segment 542,000, -22%; B-segment 2 million, +1.3%; C-segment 1.79 million, -1.3%; D-segment 771,000, -3.3%, E-segment 257,000), 3.4% MPV (444,000, +5%), 0.7% sports cars (88,000, -10%), 0.7% vans (85,000, +12%) and 0.05% others (7,000, +11%)
February 18, 2025 | 11:31am CETflashread more
Unions and management of Hyundai plant in Nošovice, Czechia (Hyundai Motor Manufacturing Czech; Tucson, i30, i30 N, Kona Electric; 3,051 employees; average salary of blue-collar professions CZK 57,064/EUR 2,280 in 2024) not agreed on wage increases and new collective agreement, intermediary to be involved in negotiations. Current collective agreement valid until end of March. Ministry of Labor and Social Affairs of Czech Republic (MPSV) appointed mediator – Dominik Brůha, who already helped resolve dispute at company twice, unions (ZO OS KOVO Hyundai Czech) said
February 17, 2025 | 03:51pm CETflashread more
Škoda Auto delivered 926,600 vehicles to customers in 2024, representing increase of 6.9% (Octavia 215,700 cars, +12.4%; Kamiq 126,000, +8.2%; Fabia 117,100, +24.1%; Kodiaq 114,500, +8.1%; Karoq 109,400, +9.3%; Enyaq 79,500, -2.6%; Superb 72,800, +7.9%; Scala 56,300, -10%; Kushaq 19,300, -27.4%; Slavia 16,000, -19.6%). Sales in Europe (780,900, +10% – Germany 187,100, +18.5%; Türkiye/Turkey 42,200, +25.7%; UK 78,700, +11.9%; Poland 61,400, +13.9%; Spain 36,300, +20.6%; Czechia 84,500, -3.8%) and some Asian countries (Kazakhstan 1,400, new market) grew, India (36,000, -26.3%) and China (17,500, -23.1%) experienced decline. Our 2024 delivery success is best preparation we could have for another challenging year in 2025 and next growth phase of our internationalisation strategy in India (Kylaq), ASEAN (Vietnam) and Middle East, Zellmer said
February 17, 2025 | 03:39pm CETflashread more
JATO Dynamics: Electrified car (BEV, PHEV, HEV) market share in Europe (28 countries) increased by 1.2 pp to 34.5% in 2024 (2023: 33.3%) – BEV 15.4%, -0.3 pp; PHEV 7.3%, -0.4 pp; HEV 11.8%, +1.9 pp, while internal combustion engine vehicles (ICEs, including MHEVs) decreased by 1.2 pp to 62.7% (63.9%) – diesel 14.3%, -1.7 pp; petrol/gasoline 48.4%, +0.5 pp. Tesla (100%) has highest BEV penetration among top 10 best-selling carmakers, followed by Geely Group (41%), BMW Group (23%), Mercedes-Benz Cars (19%), Hyundai-Kia (13%), Volkswagen Group (13%), Stellantis (11%), Renault Group (8.6%), Ford (7.5%) and Toyota (3.2%). Of top 10 most registred models, two has electric (Tesla Model Y, Peugeot 208), two plug-in hybrid (VW Golf, Škoda Octavia) and three hybrid powertrain (Toyota Yaris Cross, Dacia Duster, Toyota Yaris)
February 17, 2025 | 03:25pm CETflashread more
Cebia Summary 4/2024: Average price of used cars sold in Czechia down by 6.8% y/y to CZK 284,000 (EUR 11,325) in 2024, stagnated during Q4 (16% up to CZK 100,000/EUR 4,000, 27% up to CZK 200,000/EUR 8,000, 23% up to CZK 300,000/EUR 12,000, 34% above CZK 300,000/EUR 12,000). One of reasons for price drop was decline in prices of new vehicles of some brands and models, which was also reflected in drop in price of nearly-new vehicles. Sales fell by 2.4% to 655,000 cars (2023: 671,000), supply increased by 3.56%. In terms of powertrain types, 47.23% of cars on offer had diesel, 47.21% petrol, 2.59% hybrid, 1.68% electric, 0.89% LPG and 0.02% other
February 13, 2025 | 01:27pm CETflashread more
SDA: Vehicle fleet in Czechia up by 175,464 units (+1.95%) to 9.16 million in 2024, including 125,061 cars (+1.9%) to 6.72 million. Average age increased by 0.29 year (+1.51%) to 19.51 years, by 0.27 year (+1.67%) to 16.48 years. Over past 10 years, 2.33 million vehicles (+34.12%) added to Czech roads, of which 1.79 million cars (+36.17%), average age up by 2.54 year (+14.97%) and by 2.42 year (+17.21%)
February 13, 2025 | 01:16pm CETflashread more
ZAP: New vehicle registrations in Slovakia up by 4.2% to 106,134 in 2024 (93,409 cars, +6.1%; 9,061 vans, -0.5%; 3,412 trucks, -13.4%; 252 buses, -68.2%). Growth in cars driven by consumer demand in Q4 amid expected increase in VAT rate to 23% from January 2025. Škoda (19,342 units, +11%) was best-selling brand, followed by Toyota (9,309, -9.5%), Kia (8,964, -5.3%), Volkswagen (8,920, +41.6%), Hyundai (8,463, -5.1%), Dacia (4,083, +2.2%), Mercedes (3,305, +0.9%), Peugeot (3,266, -4%), Renault (2,597, +10.8%) and BMW (2,557, -6.1%). Škoda Octavia (4,474, +0.6%) was best-selling model, followed by Škoda Fabia (3,791, +46.1%), Hyundai i30 (3,495, +21.6%), Kia Ceed (3,104, +0.5%), Kia Sportage (2,789, +0.0%), Škoda Kamiq (2,616, +4.8%), Škoda Karoq (2,591, +18.2%), Škoda Scala (2,213, -7.1%), Dacia Duster (2,187, +11.9%) and Škoda Kodiaq (1,971). Sales of 2,227 battery electric vehicles (-5.1%) with share of 2.38% (-0.28 pp) placed Slovakia last in Europe. For country that ranks first in number of cars produced per capita, last place in registrations of cars with latest technologies (BEVs) is undignified, Matušek said
February 13, 2025 | 01:08pm CETflashread more
Kooperativa (Vienna Insurance Group) signed memorandum of understanding (MoU) with Nextbase Dash Cams (manufacturer of dash cams in UK) in Czechia. We will explore cooperation opportunities in several areas (dash cam vs. motor insurance/price/discount, distribution/sales to customers, L17), Laur said. Collaboration with VIG already underway in Poland, where Nextbase offered 30-35% discount to InterRisk clients in several campaigns
February 11, 2025 | 03:57pm CETflashread more
New brands (exclusively Chinese) entering Czech market (2024: EVO 172 g/km, 2023: n/a; DR Automobiles 175, n/a; SWM 189, n/a; Sportequipe 272, n/a) slow down decline in fleet average CO2 emissions of Czechia (2024: 133 g/km, -4 g/km y/y). Other obstacles include slow electrification of powertrains and slow phasing out of high-emission engines (mainly diesel: 158, +2) from range of some established carmakers (Mitsubishi 116, +2; Lexus 123, +1; Opel 125, +2; Peugeot 126, +4; Citroën 127, +8; Renault 128, +1; Kia 134, +1; Mazda 139, +5; Nissan 141, +6; Volkswagen 141, +1; Jeep 149, +31; Cupra 154, +7; Alpine 156, +1; Alfa Romeo 171, +30; Subaru 187, +1; DFSK/Dongfeng 191, +17; Jaguar 205, +15; Chevrolet 312, +13), which not manage to balance trend of increasing popularity of SUVs (share 48.4%, 45.04%), according to SDA new car registration statistics
February 11, 2025 | 03:50pm CETflashread more
ACEA: New commercial vehicle registrations in EU mostly grew in 2024 (vans +8.3% to 1.59 million; trucks -6.3% to 327,896; buses+coaches +9.2% to 35,579), individual fuel/power types successful differently (BEV+PHEV: -9.1%, -4.6%, +26.8%; HEV+MHEV: -4.8%, -71.8%, -16.1%; FCEV+NGV+LPG+biofuel/ethanol: +8.8%, -6.3%, +2%; petrol: +3%, -21.3%, 4 units; diesel: +10.5%, -6.2%, +11.1%)
February 11, 2025 | 03:43pm CETflashread more
AEB: Sales of new cars, vans in Russia up by 56% to 1.47 million in 2024 (excluding alternative supply channels). Sales volume is higher (+46% na 1.65 million, including alternative supply channels), according to PPC JSC/JSC PPK (PIC/Passport Industrial Consulting – joint venture of JSC Electronic Passport/Rostech, LLC Autostat). In 2025, association estimates market decline of 15% to 1.4 million
February 11, 2025 | 03:39pm CETflashread more
JATO Dynamics: Germany (21% share of total registrations in Europe, 2023: 21%; excluding Tesla Model Y) was largest supplier (assembly origin) of new cars for European market (28 countries) in 2024, followed by Spain (14%, 14%), Czechia (9.7%, 9.3%), France (6.7%, 7%), Romania (5.1%, 5.2%), China (4.9%, 3.9%), Turkiye/Turkey (4.8%, 4.5%), Japan (4.6%, 4.2%), UK (4.2%, 4.5%), Slovakia (4.1%, 3.3%) and others (20.9%, 23.1%). As for battery electric vehicles (BEVs), order is different – Germany, China, France, Czechia, Spain, Japan, UK, Slovakia and Turkiye/Turkey. SAIC Motor, Geely, BYD, Chery, BMW Group were top best-selling companies of Chinese assembly origin cars in Europe
February 10, 2025 | 03:54pm CETflashread more
Škoda Auto wants to expand plant in Kvasiny, Czechia (Škoda Kodiaq, Karoq, Octavia, SEAT/Cupra Ateca; 9,000 employees; 2024: 248,000 cars produced), bought more than half (55%) of new Solnice-Jih industrial zone (21.6 hectares) from Hradec Králové Region for CZK 142.5 million (EUR 5.68 million, CZK 1,200/sqm). On plot of land with area of 11.9 hectares, automaker plans to build 50,616 sqm hall in 2031-2034 for production and storage of parts (mechanical-electronic components assembled into vehicles) with investment of CZK 11 billion (EUR 440 million; construction costs CZK 4 billion, production technology CZK 7 billion), creating 300 jobs
February 10, 2025 | 03:47pm CETflashread more
Financial Companies
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: Volkswagen Financial Services donated EUR 50,000 to Protestant Foundation Neuerkerode
May 31, 2020 | 11:29pm CETpublicUse of the money by the German foundation, partnership started before the outbreak of the corona pandemic...
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 moreInsurance companies in Czechia raised prices of damage liability in 2018
November 19, 2018 | 11:21pm CEToriginalThe increase of insurance premiums by units to tens of percent according to risk, reasons, situation in commercial vehicles and fleet clients, statements of individual companies...
read moreCars on Riverside 2018: Seven brands added, two dropped out compared to last year
August 30, 2018 | 03:24am CEToriginalThe second year should host over 100 cars and vans of 25 brands and 9 groups. Details, accompanying program, partner, estimated attendance of the first year...
read moreGerman unions demand 6% wage increase in Volkswagen
October 27, 2017 | 11:10am CEToriginalThe demand for wage growth also applies to the Volkswagen Financial Services division. Requirements of the Czech unions at Škoda Auto...
read moreConference on automotive industry in Czechia and Central Europe to take place in Brno
October 25, 2017 | 09:52am CEToriginalLecturers from Škoda, Hyundai, TPCA, Iveco, Tatra, KPMG, Kovo, ABB, Brano, Motor Jikov, Minerva or CzechInvest, topics of the 14th year, partners...
read moreJedteVolit.cz: SmileCar, Rekola, Liftago offered discounted or free transport to polls in Czechia
October 23, 2017 | 11:15pm CEToriginalDetails of the special offers of these three startups, available locations, the profile of SmileCar and its partners...
read more7 Days of Peugeot: Peugeot holds traditional weekly campaign with preferential car prices in Czechia
September 23, 2017 | 09:40pm CEToriginalDate, models and prices offered, winter tires for free when using funding, nearly 20-year history of the campaign, results in January...
read moreOpel 500: Opel organizes another annual campaign accompanied by offer of 500 cars with benefits and price discounts
September 23, 2017 | 07:44pm CEToriginalDate, declared discount amounts, free roof rack, winter tires free of charge with funding used, Opel VIP membership fidelity program, micro booths…
read moreCars on Riverside 2017: Organizer ensured three more brands and exhibition of energy company
August 31, 2017 | 02:36pm CEToriginalThese are a low cost, a non-premium and a premium brand. Inspiration for the exhibition in Prague, the course of negotiations not only with automakers, presented EVs…
read moreCzech Railways: LeasePlan won tender for lease of cars and vans again
August 9, 2017 | 12:23am CEToriginalModels, number of vehicles, price, length of the contract, utilization, small part of the fleet owned by…
read moreUniqa succeeded in tender of one leasing company in Czech Rep
August 2, 2017 | 08:33pm CEToriginalDetails of the order, number of vehicles covered, insurance premium, timing, previous partner for damage liability...
read moreUber to expand cooperation with Axa
July 26, 2017 | 11:45pm CEToriginalBoth companies have been working together in one African country since 2016. Locations, product, timing...
read moreOne manager to leave Porsche Czech Republic
July 23, 2017 | 11:57pm CEToriginalFor several years, he has led one of the Volkswagen Group brands. His next direction, successor, timing...
read moreCode of Ethics: Hyundai modified sales conditions in Czech Rep
July 11, 2017 | 11:55pm CEToriginalThis was done on the basis of an antitrust investigation. Details of change relating to brand insurance, financial results of Hyundai Motor Czech in 2016...
read moreEurop Assistance succeeded in LeasePlan's tender for car assistance provider in Czech Rep
June 28, 2017 | 12:11am CEToriginalScope of services, timing, previous partner of leasing company...
read moreBusinessRent: Business Lease opened car and van rental in Czech Rep
June 27, 2017 | 11:57pm CEToriginalThe fleet including EVs, CNG vehicles and cars for the disabled, prices, benefits, utilization possibilities, Tesla EVs at RentPoint car rental...
read moreMitsubishi Motors began to offer branded insurance in Czech Rep
June 21, 2017 | 11:05pm CEToriginalThe partner is Uniqa, which has long-term and rich experience with branded insurance. Details of the cooperation and the product Mitsubishi insurance including PAYD/PHYD…
read moreBMW Group began to provide tyre insurance in other countries in Europe
June 20, 2017 | 12:05am CEToriginalPartner, states, models, conditions, insurance period, price, insurance cover, first model with optional runflat tires...
read moreLegends 2017: Organizer expects to increase attendance
June 9, 2017 | 04:08am CEToriginalOvercoming the Brno Motor Show, budget and financial results of the motorist event, insurance, cooperation negotiations with the Goodwood Festival of Speed...
read moreLegends 2017: Fourth year to be attended by more than 15 automakers and dealers again
June 7, 2017 | 11:40pm CEToriginalDate, main themes, exhibitors, presented brands, exhibits and their value, guests, partners, clubs, official car...
read moreSociete Generale to sell part of ALD Automotive on stock exchange
June 6, 2017 | 10:48pm CEToriginalDetails of IPO, the amount of share, share price, expected income, value of the leasing company, reasons, timing...
read moreTUV Sud and UAMK established cooperation in Czech Rep
May 10, 2017 | 11:10pm CEToriginalContent of the partnership, common communication activities, timing...
read moreHavex and Imofa increased car sales by 6.9% in 2016
April 26, 2017 | 01:01am CEToriginalRecord year, sales of new and used vehicles, interest in individual brands, investment in modernization of showrooms, plan for 2017, fleet business, online service calculator...
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FactoriesHyundai Motor Manufacturing Czech (HMMC) - Nošovice, CzechiaKia Slovakia - Žilina, SlovakiaPSA Slovakia - Trnava, SlovakiaŠkoda Auto - Kvasiny, CzechiaŠkoda Auto - Mladá Boleslav, CzechiaŠkoda Auto - Vrchlabí, CzechiaToyota Motor Manufacturing Czech Republic (TMMCZ) - Kolín, CzechiaVolkswagen Slovakia - Bratislava, SlovakiaVolkswagen Slovakia - Košice, SlovakiaVolkswagen Slovakia - Martin, SlovakiaVolkswagen Slovakia - Stupava, Slovakiashow all
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1 EUR = 1.08 USD
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Source: ECB, March 20, 2025