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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport components (transmissions/gearboxes, batteries, engines) between Nošovice, Czechia (Hyundai Motor Manufacturing Czech) and Žilina, Slovakia (Kia Slovakia), but there is lack of nearby source of green hydrogen
March 27, 2024 | 11:52am CETflashread more
eFleet Day 2024: Slovak Electric Vehicle Association (SEVA), MôjElektromobil.sk to hold 3rd conference on EVs in company fleets in Šamorín near Bratislava, Slovakia on April 10, test drives with more than 40 BEV models (Hyundai, Mercedes, Kia, Škoda, Iveco, Alfa Romeo, Citroën, Dacia, DS, Jeep, Fiat Professional, Ford, MG, Nissan, Opel, Peugeot, Renault, Volvo, Voltia), presentation of charging solutions (Shell, ZSE Drive, EES, Pixii, Siemens). Representatives of SEVA, Slovenské elektrárne, ČSOB Leasing, Kia Sales Slovakia, Škoda Auto Slovensko, ZSE Drive, D-Tax, Mercedes-Benz Slovakia, Shell Fleet Solutions, Hyundai Motor Slovakia, Voltia, GreenWay Infrastructure, 3Mon, Pixii, eJoin, Greenlogy, OMV to speak at conference
March 27, 2024 | 11:44am CETflashread more
AutoSAP: Car production in Czechia up by 27.8% y/y in February (Škoda+SEAT +12.3%, Hyundai -5%, Toyota +1,609%). Buses (Iveco -1.9%, SOR -40%, Škoda Electric 0 units), motorcycles (Jawa +120%) successful differently. Not only January but also February vehicle production figures surpass best pre-crisis results in absolute terms. Despite shortages of some components or reports of economic slowdown, automotive industry continues to support Czech economy, Petzl said
March 27, 2024 | 11:36am CETflashread more
Office for Protection of Competition (ÚOHS) began to assess transaction where AutoWallis Group (SsangYong distributor in Czechia, dealer of BMW cars and motorcycles and Mini vehicles in Hungary and Slovenia, representative of total of 23 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) acquires NC Auto (BMW dealerships, BMW Motorrad and Mini service centers in Hradec Králové, Prague and Pardubice, Czechia detached in 2023 from Stratos Auto – Iveco and Kia dealer in Hradec Králové; sales of 737 new and used BMW cars in 2023, +13.4%) from founder (Martin Strakoš)
March 26, 2024 | 10:48am CETflashread more
Supplier for Car of the Year 2024 in Czech Republic: 17 companies supply components (boot/trunk linings, jacks, chocks, ratchets, tyres/tires, washer hoses, carpets, high-strength bolts, door locks and pullers, axle springs, seals/gaskets, electric parking brakes, electric water pumps) for Mercedes-Benz E-Class (W214) from Czechia (Autoneum, Brano, Continental, Fehrer, Gumárny Zubří, Gumotex, Kamax, Kiekert, KS Kolbenschmidt/Rheinmetall, Mubea, Plastika, SaarGummi, S.N.O.P./Snop, Strojmetal, THK, Vitesco Technologies, ZF), AutoSAP said. Kiekert-CS supplies GL2.1 locks from Přelouč, THK Rhythm Automotive Czech pillow ball joints (PBJ) from Dačice
March 26, 2024 | 10:40am CETflashread more
ACEA: New car registrations in EU up by 10.1% in February (Volkswagen +9.8%; Stellantis +12%; Renault +5.8%; Toyota +16.8%; Hyundai +2.3%; BMW +3.3%; Mercedes-Benz -4%; Ford -16.9%; Volvo Cars +40.4%; Tesla +15.2%; Nissan +20.6%; Suzuki +55.9%; SAIC Motor +88.1%; Mazda +0.02%; Jaguar Land Rover +5.1%; Mitsubishi +141.1%; Honda +44.1%), individual fuel/power types successful differently (BEV +9%, PHEV +11.6%, HEV+MHEV +24.7%, FCEV+NGV/CNG+LPG+biofuel/ethanol +11.2%, petrol +6.1%, diesel -5.1%)
March 26, 2024 | 10:26am CETflashread more
Automotive Functional Safety Week 2024: Automotive IQ (IQPC) to hold conference on implementation of ISO 26262, SOTIF (safety of the intended functionality) in development of vehicles with regard to current topics (L3+ autonomous driving, software-defined vehicles, artificial intelligence/AI and machine learning-based applications, open-source software) in Berlin, Germany on April 15-18. Representatives of Volkswagen, Bugatti Rimac, Audi, Iveco, Geely, Volvo Autonomous Solutions (Volvo Group), Automobili Pininfarina, Woven by Toyota, Valeo, ZF, Bosch, Horiba Mira, Aptiv, CARIAD, Continental, NXP Semiconductors, Vitesco Technologies, G2 Recruitment, Ansys, Renesas Electronics, Eatron Technologies, Onsemi to speak at event
March 22, 2024 | 10:46am CETflashread more
Tomáš Knespl left ČEZ, joining Smart4smart (distributor of Etrel/Landis+Gyr charging stations in Czechia; customers: Mercedes-Benz Czech Republic, Hyundai Motor Czech, BMW, ČEZ, Komerční banka, Škoda Auto, Eurovia, Vodafone, Ministry of Environment, Jaguar; over 1,300 stations delivered since 2014)
March 22, 2024 | 10:32am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.1% in February (VW -1.7%; Škoda +9.3%; SEAT+Cupra +22%; VW Commercial Vehicles +13.9%; Audi -13.4%; Bentley -34.4%; Lamborghini -14.3%; Porsche -7.2%; MAN -4.2%; VW Truck & Bus -15.7%; Scania +24.6%; Navistar -20.9%)
March 22, 2024 | 10:26am CETflashread more
Central and Eastern European (CEE) Automotive Forum 2024: Notus Events wants to resume automotive conference with matchmaking (B2B) meetings in Budapest, Hungary after Adam Smith Conferences after three years (7th year in 2021), moving 8th year from April 10-11 for 2025
March 20, 2024 | 01:38pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.2% m/m in February, by 2.8% y/y (new: +0.4%, +1.7%; used: -0.7%, -5.6%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.2%, -2.8%), spare parts and accessories (+1.7%, +5.6%), fuels and oils (+4.3%, +1.2%), service works (+1%, +8.2%)
March 18, 2024 | 04:51pm CETflashread more
GlobalData confirmed 2024 Western European new car sales outlook at 12.1 million (+4.7%)
March 18, 2024 | 04:44pm CETflashread more
Financial Companies
Santander leaves automobile financing in Central Europe, shifts interest to South America
November 20, 2009 | 02:27am CEToriginalAfter having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
read moreFleetCor intend to expand fleet management in Europe, buying Czech company CarNet
November 19, 2009 | 09:15pm CEToriginalThe existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
read morePetr Kohout left Essox to develop activities of affiliated company in Vietnam
November 16, 2009 | 08:30pm CEToriginalSociete Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
read moreCCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up
November 16, 2009 | 07:30pm CEToriginalPetrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
read moreBrand financing of Mazda cars in Czech Rep and Slovakia newly provided by Credium
November 12, 2009 | 10:41pm CEToriginalCredium will finance dealer’s stock cars as well as buying cars by customers under brand Mazda Finance. Credium has thus replaced company…
read moreSkoFin offers financing of ecological showrooms of Volkswagen Group’s dealers in Czech Rep
November 12, 2009 | 07:16pm CEToriginalThe company finances solar panels for roofs of showroom, photovoltaic parks and will be financing even electric cars in the future. First projects have already started…
read moreCCS: Fuel continue to become more expensive in Czech Rep for third week already, stagnating in Slovakia
November 9, 2009 | 11:22pm CEToriginalPetrol and diesel became more expensive at Czech filling stations by more than 30 hellers. Development during this week…
read moreUniCredit Leasing prepared favoured car financing for liberal professions
November 7, 2009 | 12:26pm CEToriginalMembers of the professions do not pay a flat fee, they can choose to calculation with a lower instalment...
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreVolkswagen offers Golf and Golf Plus with 0% interest in availing of lease or credit from SkoFIN
November 5, 2009 | 02:11pm CEToriginalThis special offer stands for savings of CZK 40,000 up to CZK 60,000. Further allowance is possible to acquire in purchasing action packets…
read moreIIR holds conference Insurance Business in CZ & SK in Prague in late November
November 4, 2009 | 10:54am CEToriginalThe sixth year of the event has a separate block dealing with non-life insurance; the conference is complemented with two workshops. Speakers at the conference…
read moreCSOB Pojistovna: The highest risk of car accidents still in Prague, Northern Bohemia gaining on capital
November 3, 2009 | 05:07pm CEToriginalOn the other hand, drivers in Eastern Bohemia and Vysocina can feel the safest on roads on a long term basis. In separate regions…
read moreCCS: Price of driving fuel in Czech Rep continue to go up, in Slovakia as well
November 2, 2009 | 07:00pm CEToriginalPetrol and diesel became more expensive by more than 30 hellers last week. During the following weeks the increase in the prices of petrol and diesel is expected to…
read moreUniqa offering assistance service to damage liability free of charge by end of 2009
November 2, 2009 | 03:41pm CEToriginalMoreover, Uniqa will double no-claims bonus over the last two years and will automatically count it in the same amount for accident insurance as well…
read moreSkoFIN offer reduced interest when purchasing Volkswagen, Audi and Seat cars on credit in autumn
November 1, 2009 | 08:35pm CEToriginalIt ranges from 0% to 8.9%. Zero loan increase may be obtained, for example, in such cases...
read moreCSOB Pojistovna to increase basic rate of damage liability by 5% for 2010
November 1, 2009 | 07:05pm CEToriginalHowever, most clients will pay for the damage liability less due to bonuses for driving without accidents and other discounts. Insurance may fall to...
read moreJan Krob to be CSOB Leasing sales head as of January 2010
October 26, 2009 | 06:59pm CEToriginalKrob comes to the leasing company from the parent CSOB. He replaced Radan Santora who...
read moreCCS: Fuel went up markedly in Czech Rep last week, in Slovakia moderately
October 26, 2009 | 05:59pm CEToriginalThe oil price is now coming to its several months’ peak. During the following days, fuel price increase will continue...
read moreCCS: Petrol continues to cheapen in Czech Rep, diesel price increasing
October 20, 2009 | 03:42pm CEToriginalFuel prices are stagnating in Slovakia. Oil price reached the annual maximum last week and is now attacking the border...
read moreRenault and Dacia continue in a number of discounts in October including spare parts and tires
October 19, 2009 | 07:24pm CEToriginalToday, a winter service action was introduced in the dealer network during which customers receives an inspection of their car before the winter for CZK 98 or an extended inspection for…
read moreNews and special offers by SkoFIN: Operative leasing on-line, APR 0%, GAP insurance free of charge, winter tires for Skoda cars in addition
October 17, 2009 | 08:23pm CEToriginalThe special offer Winter Tires for model Fabia along with availing of a lease or a credit includes advantageous interest running with APR under the limit of…
read moreLeasePlan showed a profit of EUR 61 million in H1
October 17, 2009 | 06:28pm CEToriginalThe results were very negatively affected by a drop of selling prices of finished car leases. The value of portfolio and the number of cars administered…
read more2009 Prague Motor Show: Novelties from Frankfurt, Chinese cars, new EVs and HEVs
October 14, 2009 | 10:22am CEToriginalNew Czech company EVC Group will be presenting plug-in hybrid Toyota Prius or electric cars Smart and Skoda at the show…
read moreCCS: Fuel prices falling for eight week in a row in Czech Rep
October 12, 2009 | 09:36pm CEToriginalPetrol and diesel became cheaper by more than 10 hellers last week; Slovakia experienced a growth, too. During the following days…
read moreFord Credit started offering two-year long financial lease, in two versions at once
October 8, 2009 | 10:59pm CEToriginalThe second novelty is additional insurance of all car screens for free within leasing and credit products arranged until…
read more
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SELECTED FLASH NEWS
Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
Cebia establishes cooperations with automakers in field of motor vehicle approval process...
Miloslav Pavlas senior, Miloslav Pavlas junior's Kovolis Hedvikov Holding (owner of...
Plastika (manufacturer of plastic parts for automotive, electrical industries with 580...
Auto Motol Beni/AMB Praha (MVC Automotive Group; Ford dealer in Ořech near Prague...
Kaufland (Schwarz Group) to invest over CZK 2 billion (EUR 83 million) in expanding...
Arrogance Equipment/Trim: ČSOB Poisťovňa launched campaign in Slovakia for car insurance...
JLR You Owe Us: Milberg London filed group action against Jaguar Land Rover (Tata Group)...
Formel D (3i Group 57.93%, CITIC Capital 23.78%; service provider for automotive, supply...
Letoplast (manufacturer of plastic parts for automotive, other industries with 320...
Energy crisis, ESG: Gumotex (manufacturer of rubber, plastic products with 1,700 employees...
Volvo Cars started publishing in car configurators in some countries (UK, Germany)...
Škoda Auto to expand existing Emissions Centre South in Mladá Boleslav, Czechia in area of...
Toyota Tsusho (Toyota, Lexus dealer in Prague, Czechia) to build Toyota Professional...
Certina Group acquired PAL (manufacturer of wipers for Volkswagen, Škoda Auto, Audi, SEAT...
Jaguar Land Rover started publishing in car configurators in some countries (UK) delivery...
ESG, e-Mobility: CB Auto (Volkswagen, SEAT, Škoda, VW Commercial Vehicles, Mazda, Kia...
Škoda Auto introduced system in Czechia enabling dealerships/service centers to invest in...
CarGarantie became partner of Mobile.de (Adevinta Group) for online purchase of used cars...
Bártek: Servind planns significant expansion of headquarters in Tuchoměřice near Prague...
Autorola signed new 4-year contract with BMW Group to build closed B2B platform in Europe...
Milan Král a.s. (dealer of Mercedes-Benz cars, vans, trucks in České Budějovice, Czechia)...
Domanský (Peugeot, Hyundai, Toyota, DS Automobiles dealer, Citroën service in Prague...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, April 26, 2024