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VivaTech (Viva Technology) 2024: More than 11,000 startups, 2,000 investors, 350 companies such as Agilauto Partage (Crédit Agricole), Anyos, Audi, Bavertis, Beev, Beeway, Bib Batteries, BYD, Camion, Catalarm, Circle, CleanMob, Clem, Cocoparks, Connected Cycle, DriiveMe, DS Performance (DS Automobiles), EHP2, Electra, Electric Oasis, Engie Vianeo, Ethylowheel, EX9, Ezymob, Fluctuo, GreenBadg, Hiflow, Hoop Solution, ZER01NE (Hyundai Motor, Kia), Instadrive, Lormauto, Mansio, Matawan, Mobilic, Mobinn, MotorBioNet, Neovya, Neway, ParkPilot, Pave Motors, Pelican Cycles, Peugeot, Pixii Motors, Powandgo, Powea, Reebike, Regis Motors, Revyve Technologies, Skwheel, SteerLight, TOGG, TwinswHeel, uMotion, Up&Charge, Virgo Move, Voltraware Semiconductor, Voyagel, WAAT, Wattalps, Woven by Toyota, Zyon Helmets to join technology innovation fair in Paris, France (May 22-25)

May 22, 2024 | 04:36pm CETflash

AAA Auto (Aures Holdings) Barometer: 118,674 used cars (1,610 HEVs, -10% m/m, +76% y/y; 940 BEVs, -12% m/m, +41% y/y) advertised in Czechia in April with mean value (median) of price of CZK 200,000 (EUR 8,100; -CZK 10,000/-4.8% m/m, +CZK 5,000 Kè/+2.6% y/y). Offer fell by 2,535 cars (-2.1%) m/m, grew by 21,288 cars (+21.9%) y/y

May 22, 2024 | 04:26pm CETflash

Robert Kiml to become new President of Toyota plant in Kolín, Czechia (Toyota Motor Manufacturing Czech Republic) on June 1, continuing to hold position of Vice President Production. Koreatsu Aoki appointed as Executive Advisor to factory management until his retirement in September 2024

May 21, 2024 | 03:47pm CETflash

Oil warehouse and adjacent Auto Kelly (LKQ) spare parts store in Kladno, Czechia affected by fire on May 16, causing damage estimated by HZS at CZK 40 million (EUR 1.6 million). No one injured

May 21, 2024 | 03:39pm CETflash

VDA: Car production in Germany up by 26% y/y in April, export by 26%

May 21, 2024 | 03:32pm CETflash

Autoneum (manufacturer of acoustic, thermal management solutions for passenger cars and commercial vehicles with 16,500 employees in 67 plants in 24 countries; revenues of EUR 2.3 billion in 2023) factory in Hrádek, Czechia (Autoneum Pilsen; supplier for BMW, Audi, Volkswagen, Porsche with 1,700 employees in 4 factories – Rokycany, Hrádek, Volduchy, Stupno/Bøasy) hit by fire on May 9, causing damage estimated at CZK 700,000 (EUR 28,000). No one injured, cause of fire was negligence in repairing roof

May 20, 2024 | 11:48am CETflash

Legends 2024: Škoda Auto, Mercedes-Benz Czech Republic, Subaru ÈR, AB Motors CZ (MG), CarTec Exclusive Cars (Rolls-Royce), Auto Motol Beni/AMB (Ford), Imofa (Alfa Romeo, Jeep, Fiat, Piaggio, Vespa, Aprilia, Moto Guzzi), Pyramida Prùhonice Plus (Renault, Dacia, Alpine), Dajbych Plus (Ineos, Toyota, Isuzu, ARB), Scuderia MC Praha (Maserati), AMJM-Cars (Aston Martin), RTR Projects (KTM X-Bow), Automaton, Effortless (Ellenator), Honda Motor Europe (Honda Motorcycles), Segway Powersports, Meteor Motor Tech CR (Indian, Zero), MR43 (Jawa, Moto Morini, Bimota, Zontes, Norton), ASP Group (Linhai, TGB), Racing 21 (Turatello), PK Technik (Cheval Liberté, Debon, Gromex, Z-Trailer), Shell Czech Republic, Šenkýø Motorsport (Akrapoviè), Ortner Consulting (FSS Fire), FormulaStore.sk, IAmWork.cz, XTline (XT Line), C.D.M./AluDisky.eu (MAK Wheels), VZV Group, Cabmaniac, DPF-CAT Systems (Remus), Mean Machine Garage, Renojava (Raptor, Menzerna), AMKA Trading (Innotec), Special Covers, Eleme Tech (RAM Mounts), AntiRadary.net, Domanský (ProfiModel.cz), SvìtAutíèek CZ, Š-Hobby (RC Truck) to join motoring celebration/festival (exhibition of cars, motorcycles, motorhomes, caravans/campers) in Prague, Czechia (May 31 – June 2)

May 20, 2024 | 11:39am CETflash

SMMT: New car registrations in UK up by 1% in April (vans up to 3.5 tonnes +5.4%; trucks up to 6 tonnes +122%)

May 20, 2024 | 11:33am CETflash

Jan Kadlec appointed as new Marketing Director at Tatra Trucks, coming from Simply You Pharmaceuticals. He thus returned to automaker, where he already worked in 2010-2013. Company's marketing previously headed by Kamil Košál

May 17, 2024 | 12:54pm CETflash

Škoda Auto cancels some shifts in Mladá Boleslav and Kvasiny, Czechia this week (week 20) due to shortage of parts (armrests, seats, reflectors/headlights). Reason is new UNECE (UN Economic Commission for Europe) regulation regarding security of vehicles against cyber attacks, valid from July 2024, which also imposes relatively strict conditions on security of supply chain of carmakers

May 17, 2024 | 12:46pm CETflash

KBA: New car registrations in Germany up by 19.8% in April (motorcycles +12.6%; buses +20.2%; vans/trucks +37.2%; trailers +15.9%)

May 17, 2024 | 12:38pm CETflash

J.D. Power, GlobalData cut 2024 global new light-vehicle sales outlook by 100,000 cars, vans from 89.3 million (+3.2%) to 89.2 million (+3%). This year is balancing act between supply and demand. As production constraints fully dissipate, natural demand will be able to be met at current prices. Given that we do expect some easing of pricing throughout most major markets, global auto industry is expected to maintain positive outlook in near term, Schuster (GlobalData) said

May 14, 2024 | 04:50pm CETflash

Autoneum (producer of acoustic, thermal management solutions for vehicles with 11,800 employees in 53 plants in 24 countries; revenues of EUR 1.7 billion in 2021) acquired automotive business of Borgers (Borgers Automotive Group; manufacturer of acoustically effective components for passenger cars and commercial vehicles with 4,700 employees in 18 production facilities in 8/9 countries – Germany, France, Poland, Sweden, Spain, Czechia, UK, USA, China; revenues of EUR 610 million in 2021) for EUR 117 million from insolvency, agreed new pricing and delivery terms with customers to ensure sustained profitability. Simultaneously, capital of Autoneum to be increased, in which two largest shareholders (Artemis Beteiligungen I, PCS Holding) to participate. In Czechia, company renamed Borgers CS to Autoneum Pilsen (supplier for BMW, Audi, Volkswagen, Porsche with 1,700 employees in 4 factories – Rokycany, Hrádek, Volduchy, Stupno/Bøasy)

May 14, 2024 | 04:41pm CETflash

PFA: New car registrations in France up by 10.9% in April (vans up to 5.1 tonnes +15.6%; trucks +22.5%)

May 14, 2024 | 04:30pm CETflash

Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation, power generation industries with 500 employees in Germany, Netherlands, Bosnia and Herzegovina, USA, Mexico, South Africa, South Korea, Serbia; customers, projects: Škoda, Volkswagen, Bentley, Porsche, Mercedes, BMW) to expand plant in Klášterec nad Ohøí, Czechia (Minileit s.r.o.), leased remaining 5,000 sqm in Garbe Progresus Park Klášterec I. Company to move automated assembly of turbochargers, intake manifolds for hybrid passenger cars, commercial vehicles for Mercedes-Benz Group from Almere, Netherlands to Czechia, creating additional 120 jobs (110 in production, 10 in administration and R&D – reference processes for research and development in automated assembly and laser welding)

May 9, 2024 | 12:47pm CETflash

Tesla to suspend production in Grünheide near Berlin, Germany (Gigafactory Berlin-Brandenburg with 12,500 employees; 6,000 Model Y BEVs/week) for four days (May 8-12) as precautionary measure due to demonstrations prepared to protest planned plant expansion and related deforestation in vicinity

May 9, 2024 | 12:38pm CETflash

Sales of new light vehicles in USA fell in April (J.D. Power/GlobalData: -4.7%; Cox Automotive: -2.2%, -3.3% after revision; S&P Global Mobility: -1.5%)

May 9, 2024 | 12:31pm CETflash

ElektroFest 2024: Daimler Truck Czech Republic, Renault Czech Republic, C Automobil Import (Citroën), O Automobil Import (Opel), Porsche Czech Republic (Volkswagen Commercial Vehicles), Milan Král Group (Mercedes-Benz, BMW, Ford), Auto Racek (Škoda), Šudoma (Peugeot), Autosalon Jiøí Souèek, S.&W. Automobily (Mercedes-Benz), Auto Neza (Kia), Synot Auto (BMW), PEMM Brno (Kia, Yamaha), Autocentr Hudec (Hyundai), Eurogreen CZ (Polaris Goupil), AAA Auto, EV Car Import, Citya Mobility, Amigi Consulting (KTM-ebikes.cz), Hugo Bike, Teslièka.cz, Pomalé-nabíjení.cz, UniChargePay.eu, Lascam Systems, Nano Power, Beneš a Lát, ASAP Delivery (eShopKurýr.cz), Alza.cz, APEL, ASEP became partners/supporters, exhibitors at clean mobility festival (meeting of electric cars, meeting of electric motorcycles, EcoRace race, e-scooter race, test drives, conference) in Pelhøimov, Czechia (May 24-25)

May 6, 2024 | 02:48pm CETflash

ACEA: New commercial vehicle registrations in EU mostly grew in Q1 (vans +12.6% to 399,947; trucks -4% to 85,296; buses+coaches +23.3% to 9,624), individual fuel/power types successful differently (BEV+PHEV: +4.2%, +29.5%, +10.3%; HEV+MHEV: +12.6%, -40.5%, -1.9%; FCEV+NGV+LPG+biofuel/ethanol: +51.9%, -4.4%, -22.7%; petrol: +18.8%, -19.4%, 0 units; diesel: +12.2%, -4.5%, +38.8%)

May 6, 2024 | 02:37pm CETflash

SWS (distributor of ICT, consumer electronics, digital technology with 250 employees in Slušovice and Prague, Czechia and Bratislava, Slovakia) launched its own brand of electric motorcycles and scooters ViaGo on Czech market, production runs in China. Sales, service provided by partners in Brno (WMB/Daemons Moto Custom), Prague (Domanský), Ostrava (Pimpala.cz), ViaGo.cz e-shop operated by Satomar (prices from CZK 34,900/EUR 1,400 to CZK 94,900/EUR 3,800, free delivery)

May 6, 2024 | 02:31pm CETflash

AEB: Sales of new cars, vans in Russia up by 62.3% to 249,118 in Q1. Sales volume is higher (+85.6% to 341,619), according to PPC JSC/JSC PPK (PIC/Passport Industrial Consulting – joint venture of JSC Electronic Passport/Rostech, LLC Autostat)

May 6, 2024 | 02:24pm CETflash

JATO Dynamics: Share of Asian brands in car market in Europe stagnated at 24% in 2023, having grown by 10pp since 2001. Japanese brands dominated in hybrids/HEVs (share of 84% among Asian brands) and SUVs (52%), South Korean in plug-in hybrids/PHEVs (47%) and electric vehicles/BEVs (44%), Chinese in none of most important categories

May 3, 2024 | 03:34pm CETflash

UniCredit Leasing concluded almost 200 financing contracts in Czechia during first month since launch of Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs)

May 3, 2024 | 03:21pm CETflash

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M3000 closed Mercedes car, van dealership in Prague, Czechia. Newly established company SP...

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Porsche Czech Republic (Porsche Holding Salzburg) closed representative showroom of...

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EXCHANGE RATES

1 EUR = 1.14 USD

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Source: ECB, April 30, 2025