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Aures Holdings sold 8,363 used vehicles in January (+5.2%) at AAA Auto, Mototechna, Auto Diskont car centers. BEV sales reached record 112 units (Top 3: Tesla Model 3, BMW i3, Volkswagen e-Golf). Company increased number of cars and vans on offer to 19,000, preparing to open smaller buying branches to ensure sufficient sourcing to meet sales plan of 120,000 vehicles in 2025 (+10%)
February 21, 2025 | 12:26pm CETflashread more
ESG: Constellium (manufacturer of aluminum products for automotive industry, other industries with 12,000 employees in Europe, North America, Asia; revenues of EUR 7.3 billion in 2024) stopped using coal, testing replacing natural gas with hydrogen. Company recently completed its first industrial-scale casting using hydrogen combustion at C-Tec R&D center in Voreppe, France. Constellium is involved in various projects aimed at advancing hydrogen technologies for industrial decarbonization, such as HyInHeat (Hydrogen technologies for decarbonization of industrial heating processes, project running in 2023-2026, funded by European Union/EU with budget of EUR 24 million, 30 partners including Toyota Motor Europe, ArcelorMittal, SSAB, Linde, Nippon Gases/Nippon Sanso). In addition to its focus on hydrogen, company is exploring alternative decarbonization technologies, including direct electrification solutions compatible with existing furnaces
February 21, 2025 | 12:19pm CETflashread more
Mobility & Innovation Production (manufacturer of electric, hydrogen city buses in Orechová Potôň, Slovakia) developed hydrogen-powered truck (FCEV) built on Ford F-Max platform from Ford Trucks (Refire Prisma XII+ 117kW fuel cell, Dana TM4 Sumo HV 2500 6-P 540kW electric motor, Eaton 4-speed transmission/gearbox, Durapower 122kWh traction battery with range of up to 120 km, CCS2 charging connector, 4x Nproxx 700 bar 12 kg hydrogen cylinders/tanks with range of 600-750 km, maximum permissible gross weight 45 tons, consumption of 8-9 kg H2/100 km). Integration of electric, hydrogen propulsion systems with on-board electronics ensured by Drabpol Automotive. M&I RH120R semi-trailer tractor is homologated according to EU regulations, with development tests and approvals assisted by TÜV Süd Czech (cooperation since 2020). As pilot, MIP to provide hydrogen trucks for testing in real operation to transport/logistics companies Metrans (Hamburger Hafen und Logistik AG/HHLA Group, electric trucks in fleet since 2022, climate neutrality target by 2040) and Waberer's (fleet of 2,800 diesel and HVO 100 vehicles, 25 electric and LNG vehicles)
February 19, 2025 | 02:56pm CETflashread more
JATO Dynamics: Electric car (BEV) market share in Europe (34 countries) reached 15% in 2024 (Scandinavia-5 49%, 2023: 46%; Northern/Central-8 18%, 19%; Southern-8 10%, 9.4%; Eastern-13 4.8%, 5.3%), same as in 2023. Highest penetration in Norway (88%, 82%), Denmark (51%, 36%), Malta (38%, 17%), Netherlands (35%, 31%), Sweden (35%, 39%), Finland (30%, 34%), Belgium (28%, 20%), Luxembourg (28%, 23%), Iceland (26%, 53%), Portugal (20%, 18%), UK (20%, 17%), Switzerland (19%, 21%), Austria (18%, 20%), France (17%, 17%), Ukraine (16%, 12%), Germany (14%, 18%) and Ireland (14%, 19%), lowest in Serbia (0.8%, 0.8%), Slovakia (2.5%, 2.6%), Croatia (3%, 2.9%), Poland (3%, 3.6%), Bulgaria (3.9%, 4.8%), Italy (4.2%, 4.2%), Czechia (4.7%, 3%), Estonia (5.4%, 6.8%), Spain (5.7%, 5.7%), Slovenia (6.1%, 9%), Lithuania (6.2%, 7.9%), Greece (6.4%, 4.8%), Romania (6.5%, 11%), Hungary (7%, 5.4%), Latvia (7.7%, 9%), Cyprus (9%, 6.2%) and Turkey/Türkiye (10%, 6.7%)
February 19, 2025 | 02:51pm CETflashread more
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich): Customers in Czechia (of which 75% are companies and entrepreneurs, average CO2 emissions of ICE+CNG+LPG+MHEV+HEV+PHEVs over 133 g/km) continue to buy new internal combustion cars with more powerful engines (with higher fuel consumption and emissions) than clients in Austria (129), according to registration and fleet emissions statistics of two neighboring, similarly mountainous countries for 2024
February 19, 2025 | 02:45pm CETflashread more
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
Jumpers of the Year 2024 in Czechia: Market share of Tesla (+0.87 pp, from 0.73 to 1.6%), Volvo (+0.81 pp, from 1.36 to 2.17%), MG (+0.59 pp, from 1.18 to 1.77%), Renault (+0.56 pp, from 1.81 to 2.37%), Dacia (+0.53 pp, from 3.54 toa 4.07%), Toyota (+0.33 pp, from 7.87 to 8.2%), Lexus (+0.31 pp, from 0.69 to 1%), Ford (+0.3 pp, from 2.55 to 2.85%), Citroën (+0.29 pp, from 0.95 to 1.24%), Opel (+0.25 pp, from 1.23 to 1.48%) brands grew most, market share of Volkswagen (-1.83 pp, from 8.55 to 6.72%), Škoda (-1.28 pp, from 35 to 33.72%), SEAT (-0.59 pp, from 1.27 to 0.68%), Kia (-0.52 pp, from 5.16 to 4.64%), Mercedes (-0.42 pp, from 3.9 to 3.48%), BMW (-0.37 pp, from 2.73 to 2.36%), Hyundai (-0.29 pp, from 9.06 to 8.77%), Mazda (-0.2 pp, from 0.96 to 0.76%), Audi (-0.12 pp, from 1.83 to 1.71%), Porsche (-0.1 pp, from 0.37 to 0.27%) brands fell most, according to SDA new car registration statistics
February 10, 2025 | 03:26pm CETflashread more
ZAP: Car production in Slovakia down by 8% to approximately 993,000 in 2024 (2023: 1.08 million vehicles from Volkswagen, Stellantis, Kia, Jaguar Land Rover plants). We expect growth to record 1.15 million cars in 2025 (+16%). Cost of production is increasing radically compared to direct competitors. We are most expensive in region. Cost of labour makes us extremely unattractive, Matušek said. After start of Volvo Cars factory, annual production in country could reach 1.27 million cars in 2027
February 10, 2025 | 03:17pm CETflashread more
Mototechna (Aures Holdings) Barometer: Over 82,000 nearly-new used cars (up to 5 years/50,000 km; 6,500 HEVs +61%, 4,400 BEVs +100%) advertised and sold in Czechia in 2024 with mean value (median) of price of CZK 648,200 (EUR 25,810, +CZK 11,900/+1.9% y/y), offer (sales) grew by 13% y/y. Situation in other countries in Central Europe (V4) different – Poland (167,000 cars, +51%), Slovakia (30,200 cars, +9%)
February 10, 2025 | 03:10pm CETflashread more
VDA: Electric car production in Germany up by 7% y/y to record 1.35 million in 2024 (1.06 million BEVs, +11%; 290,000 PHEVs, -6%), representing 33% share in total car manufacturing in country. In 2025, electric vehicle production to increase by 24% to 1.67 million units
February 6, 2025 | 04:58pm CETflashread more
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1 EUR = 1.14 USD
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Source: ECB, April 30, 2025