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VDA: Electric car production in Germany up by 23% to record 1.67 million in 2025 (1.22 million BEVs, +15%; 0.45 million PHEVs, +54%), representing record 40.2% share of country's total car production (+7.1 pp). This makes Germany once again second most important location for electric vehicle manufacturing in world. In 2026, association expects EV production to increase by 6% to 1.76 million units (1.34 million BEVs, +10%; 0.42 million PHEVs, -6%), which would mean 42.8% penetration (+2.6 pp). Domestic production of electric cars is at record level, which impressively and clearly shows that German automotive industry is decisively moving forward with e-mobility and climate-neutral mobility, Müller said
February 18, 2026 | 07:58am CETflashread more
EV/HEV Powertrain 2026: Automotive IQ (IQPC) brought together three conferences on electric and hybrid vehicle powertrains, which will be held in Berlin, Germany on February 24-26 – Advanced E-Motor Technologies, Thermal Management, Power Electronics. Representatives of Volkswagen, Scania, Volvo Group, JLR (Jaguar Land Rover), Tata Motors European Technical Centre, General Motors (GM), Renault Group, Volvo Cars, Toyota Motor, TVS Motor, VinFast, Stellantis, Schaeffler, Robert Bosch, Emil Motors, Protean Electric, Valeo, Mahle, Denso, Hyperdrives, Ampere, Beyond Motors, Nexteer Automotive, Melexis, Syensqo, Turntide Technologies, S&P Global Mobility to speak at event
February 18, 2026 | 07:53am CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group up by 11.6% in Q4, by 32% to 983,100 in 2025 (VW -15.5%, -0.2%; Škoda +95.7%, +119.8%; SEAT+Cupra +32.5%, +65.9%; VW Commercial Vehicles +117.9%, +103.4%; Audi +22.4%, +35.6%; Porsche -43.5%, +57.8%; MAN +150.4%, +167.8%; VW Truck & Bus -70.8%, -49.2%; Scania +188.3%, +126.3%; International Motors/Navistar -64.9%, -3.3%). VW ID.4/ID.5 (163,400 cars, -10.2%), VW ID.3 (117,700, -21.1%), Škoda Elroq (95,300), Audi Q4 e-Tron (including Sportback; 84,900, -21.2%), Audi Q6 e-Tron (including Sportback; 84,400, +462.7%), Škoda Enyaq (including Coupé; 79,600, +0.1%), VW ID.7 (including Tourer; 79,500, +98.3%), VW ID. Buzz (including Cargo; 60,700, +103%), Porsche Macan Electric (45,400, +148.1%), Cupra Born (43,700, +4.5%), Audi A6 e-Tron (37,000), Cupra Tavascan (36,000), Porsche Taycan (including Turismo; 16,339, -22%), VW Transporter (5,200) were best-selling BEVs. BEV share of total deliveries rose to 10.9% (+2.7 pp, 2024: 8.2%). Incoming BEV orders in Western Europe increased by 55%, automaker said, adding that global PHEV deliveries up by 58% to 428,000
February 18, 2026 | 07:48am CETflashread more
ZAP: Car production in Slovakia up by 7.7% to approximately 1.07 million in 2025 (2024: 993,583 vehicles), of which 336,905 at Volkswagen Bratislava (-1.2%), 330,000 at Stellantis Trnava, 296,550 at Kia Žilina (-15.6%) and 107,000 at Jaguar Land Rover Nitra. Country maintained its position as world leader in car production per capita (196 vehicles/1,000 inhabitants). However, outlook for next 3 years is relatively pessimistic, as after opening of Volvo Cars Košice plant, total production will more or less not increase – 1.02 million in 2026 (-5%), 1.08 million in 2027, 1.08 million in 2028. Association thus cut estimate from January 2025, when it predicted 1.27 million in 2027. Due to deteriorating competitiveness, Slovakia is not able to win enough new projects for electric vehicles (BEVs) that would offset decline in production of internal combustion engine vehicles (ICEVs). For greater success, it is inevitable to systematically build entire value chain, from battery production, through waste collection and processing to development of renewable energy sources. Logical requirement of zero-emission vehicle (ZEV) manufacturers is availability of sufficient clean energy for production itself. At same time, Slovakia is lagging behind in transposition of European legislation, which has negative impact on development of entire industry, Matušek said. He also pointed out outflow of talents and specialists due to high burden of taxes and contributions, when in Czechia employee in same position earns additional one net salary per year on average. Looking into future, we see that performance of five automakers can be same as that of three carmakers in past, ZAP President concluded
February 16, 2026 | 07:58am CETflashread more
Retro Classics 2026: Around 1600 exhibitors to join 25th fair of classic/vintage cars and motorcycles in Stuttgart, Germany (February 19-22), including ADAC, Allianz, BMW Group Classic, Daimler Truck/Mercedes-Benz Trucks Classic, Deutsche Automobil Treuhand/DAT, Porsche Museum, Emil Frey Classics, Emil Frey Exclusive Cars/Aston Martin Stuttgart, Irmscher Automobilbau, Kontio Tyres, KW Automotive, Liqui Moly, Mazda Classic/Automobil Museum Frey, Mercedes-Benz Heritage, Sonax, TÜV Süd Auto Service, Württembergische Versicherung. Exhibition organizer expects 90,000 visitors on area of 80,000 sqm
February 16, 2026 | 07:53am CETflashread more
AutoSAP: 20,231 (passenger) electric vehicles produced in Czechia in December and 285,561 in 2025 (+88.6%; 16,759 and 224,768 battery electric vehicles, +98.1%; 3,472 and 60,793 plug-in hybrids, +60.3%), of which 20,167 and 285,176 cars (+88.7%; Škoda: 14,548 and 189,386 BEVs, +136.9%, 2,137 and 30,123 PHEVs, +81.4%; Hyundai: 2,147 and 34,997 BEVs, +5.1%, 1,335 and 30,670 PHEVs, +43.8%) and 64 and 385 buses (SOR: 29 and 79 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 35 and 306 BEVs)
February 16, 2026 | 07:49am CETflashread more
ACEA: New battery electric vehicle registrations in Europe (EU+EFTA+UK, 31 countries) up by 29.7% to 2.59 million in 2025. Growth (+592,384 cars) driven by Germany (+164,533), United Kingdom (+91,378), Norway (+57,831), Spain (+44,251), Denmark (+37,450). BEV sales grew in 26 countries, with 3 of them at triple-digit pace (Poland +161.5%, Iceland +125%, Slovenia +103.9%)
February 12, 2026 | 07:58am CETflashread more
Bosch Power Solutions: Ralph Klaus Carle to retire. Suzana Cizmic appointed as new Commercial Plant Manager in Jihlava, Czechia (Bosch Powertrain, 4,300 employees, components for diesel engines and electric vehicles) on February 1, coming from USA (factory in Anderson, South Carolina)
February 12, 2026 | 07:54am CETflashread more
SMMT: Vehicle production in UK up by 6.1% y/y to 55,284 in December, of which 53,003 cars (+17.7%) and 2,281 commercial vehicles (-67.7%; buses, coaches, vans, trucks, taxis). Manufacturing down by 15.5% to 764,715 in 2025, of which 717,371 cars (-8%) and 47,344 commercial vehicles (-62.3%) – Nissan: 273,322, -3.1%; Jaguar Land Rover: 201,283, -21.7%; Mini: 124,271, +12.2%; Toyota + Suzuki: 92,136, -7.9%; Stellantis/Vauxhall + Citroën + Fiat + Opel + Peugeot: 31,048, -70.6%; Leyland Trucks/DAF: 15,141, +6.6%; Bentley: 9,943, -7.7%; Alexander Dennis + Aston Martin + Caterham + Dennis Eagle + LEVC + Lotus + McLaren + Morgan + Rolls-Royce + Switch Mobility/Optare + Wrightbus: 17,751, -29.2%. Production of electrified cars rose by 8.3% to 298,813 BEVs, PHEVs and HEVs, representing record 41.7% share of total output
February 12, 2026 | 07:50am CETflashread more
ACEA: New electrified vehicle registrations in Europe (EU+EFTA+UK, 31 countries) up by 20.2% to 8.42 million MHEVs, HEVs, PHEVs, BEVs in 2025, while internal combustion engine car (ICEV) sales down by 18.6% to 4.85 million units (petrol, diesel, NGVs/CNG, LPG, biofuel/ethanol, including non-ICE FCEVs)
February 10, 2026 | 07:59am CETflashread more
Coface CEE Top 500 Ranking 2025: Automotive and transport industry (86 largest firms, -4 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) decreased turnover by 1% to EUR 191 billion in 2024 (2023: EUR 193 billion), number of employees fell by 13% to 353,000 (405,600). Largest companies in sector include Škoda Auto (EUR 24.42 billion, +6%; 37,005 people, +6%), Volkswagen Slovakia (EUR 12.52 billion, +6%; 10,755, +2%), Audi Hungaria (EUR 8.61 billion, -5%; 11,677, -9%), Kia Slovakia (EUR 8.08 billion, +1%; 3,000, -17%), Hyundai Motor Manufacturing Czech (EUR 7.46 billion, -1%; 2,823, -1%), Volkswagen Poznań (EUR 5.8 billion, -0.5%; 9,191, -6%), Volkswagen Group Polska (EUR 5.72 billion, +14%; 659, +2%), Automobile-Dacia (EUR 5.59 billion, +7%; 10,987, -4%), Toyota Central Europe (EUR 5.29 billion, +6%; 131, +22%), Inter Cars (EUR 4.55 billion, +8%; 5,261, +21%), Mercedes-Benz Manufacturing Hungary (EUR 4.17 billion, -18%; 4,830, +1%), FCA Poland (EUR 3.8 billion, +6%; 2,470, +6%), Ford Otosan Romania (EUR 3.74 billion, +36%; 6,356, +14%), MAN Trucks Sp. z o.o. (EUR 3.06 billion, -12%; 2,181, -3%), Toyota Motor Manufacturing Czech Republic (EUR 3.03 billion, +4%; 3,051, -5%), PKP Polskie Linie Kolejowe (EUR 3.01 billion, +15%; 40,947, -1%), Continental Barum (EUR 2.97 billion, +6%; 4,380, +0.1%), Mercedes-Benz Polska (EUR 2.35 billion, +11%; 153, -3%), Mobis Automotive Czech (EUR 2.35 billion, -5%; 1,426, -4%), Polskie Linie Lotnicze LOT (EUR 2.32 billion, -2%; 1,267, +2%), Magyar Suzuki (EUR 2.25 billion, -22%; 2,998, +2%), Mercedes-Benz Manufacturing Poland (EUR 2.05 billion, -23%; 1,415, +2%), PCA Slovakia (EUR 2.03 billion, -38%; 3,443, +12%), Mobis Slovakia (EUR 2 billion, +1%; 2,000, -6%), Volkswagen Motor Polska (EUR 1.8 billion, -6%; 1,255, +0.1%), Continental Tires Slovakia (EUR 1.75 billion, +27%; 3,000, -8%), Stellantis Gliwice (EUR 1.75 billion, +24%; 2,899, +2%), Nemzeti Útdíjfizetési Szolgáltató (EUR 1.65 billion, +42%; 648, +1%) and other firms of Renault, Porsche/Volkswagen, Iveco/CNH, Volvo, Solaris/CAF, Scania/Traton, Ford, Alstom, Michelin, Autoliv, Boryszew, Tigar Tyres, Sungwoo, Motherson, Bosch, Schaeffler, Auto Partner, Horse Powertrain, Faurecia-Hella/Forvia, Pirelli, ZF, Hankook, BorgWarner, Lear, Denso, České dráhy, PKP Intercity, Air Baltic, Raben, DPP, Amazon, Plichta, Havi, Tallink, Waberer’s groups
February 10, 2026 | 07:52am CETflashread more
Second generation Nissan Leaf (ZE1) BEV caught fire in parking lot of Lidl supermarket in Průhonice near Prague, Czechia on February 9. Cold Cut Systems (CCS) Cobra firefighting equipment was deployed, thanks to which firefighters created hole in battery, Fire Rescue Service (HZS) said. No one injured
February 10, 2026 | 07:47am CETflashread more
Rho Motion (Benchmark Mineral Intelligence): Global new electric vehicle (EV) sales to grow by 15.7% to 23.9 million passenger cars, light-duty vehicles (LDVs/LCVs) in 2026 – China: 15.6 million BEVs and PHEVs (+21%), Europe (EU & EFTA & UK): 4.9 million (+15%), North America (USA & Canada & Mexico): 1.4 million (-23%), Rest of World (RoW): 2.1 million (+26%). Decline in North America to be driven by United States (-29%)
February 9, 2026 | 07:59am CETflashread more
Keba (manufacturer of KeContact AC chargers for electric vehicles, other products/solutions with 2,000 employees in Austria, Germany, Italy, Netherlands, Romania, Czechia, Switzerland, Serbia, Turkey, UK, USA, China, India, Japan, South Korea, Taiwan; Industrial Automation, Handover Automation, Energy Automation divisions; customers: Daimler/Mercedes, BMW Group, Honda Access Europe, Clever A/S, Bee Charging Solutions; over 500,000 wallboxes sold) acquired assets of EnerCharge GmbH (manufacturer of DC charging stations for EVs with output of 40-480 kW with 60/97 employees in Kötschach-Mauthen and Oberlienz, Austria; clients in Europe and Middle East) from insolvency, integrating them into Keba Energy Automation division under newly founded company Keba eMobility DC GmbH. MP Corporate Finance, Saxinger advised buyer
February 9, 2026 | 07:54am CETflashread more
ACEA: New commercial vehicle registrations in EU mostly fell in 2025 (vans -8.8% to 1.45 million; trucks -6.2% to 307,460; buses+coaches +7.5% to 38,238), individual fuel/power types successful differently (BEV+PHEV: +68%, +71.3%, +38.9%; HEV+MHEV: +21.4%, -47.4%, -24.9%; FCEV+NGV+LPG+biofuel/ethanol: -43.4%, -9.4%, -9.4%; petrol: -31.9%, -33.7%, 1 unit; diesel: -12.8%, -8%, +5.7%)
February 9, 2026 | 07:48am CETflashread more
Operating Sphere+Region
Citroen aims to strengthen fleet sales in Czech Rep, it set up separate department for wholesale business
June 3, 2010 | 02:20am CEToriginalEvzen Soucek became the head of the new department, previously working at a Japanese carmaker...
read moreGE Money Auto: Most common offenses of Czech drivers are speed-exceeding for men and phone calls without hands-free for women
June 3, 2010 | 02:10am CEToriginalThe speed is exceeded by men under 29 years of age most often. The frequency of other offenses for men and women resulting from a survey...
read moreRenault to reportedly move production of Trafic van to France, requires this even from partners Nissan and Opel
June 2, 2010 | 04:50am CEToriginalIt is to happen with arrival of a new generation; plants in Spain and Great Britain would thus lose this production. A plant under consideration, the initiation of production of a new Trafic/Primastar/Vivaro...
read moreWustenrot insurance company innovated parameters for damage liability segmentation in Czech Rep, and reduced rates by 20%
June 2, 2010 | 04:27am CEToriginalIt has also introduced a new comprehensive insurance Wustenrot ProAuto. Parameter changes, rates, the package ProAuto, special offer...
read moreChristopher Palombo left Czech representation of Peugeot
June 2, 2010 | 03:57am CEToriginalThe position of general manager in Peugeot Ceska republika has been taken over by Yann Carnoy. Palombo’s new post and Carnoy’s previous…
read moreAuto Esa opened used car shop aimed only at Skoda brand in Prague
June 2, 2010 | 02:12am CEToriginalIt is the company’s third bazaar based in Prague. The location, capacity, current offer, introductory action and innovative websites Autoesa.cz and Skodovky.cz...
read moreNew Land Rover dealer Dajbych wants to sell 60 new cars in 2010
June 2, 2010 | 01:58am CEToriginalThe company opened a Land Rover showroom in Plzen of the size of 300 m2. Sales plan for 2011, offer of models, overall results of the company in 2009...
read moreCzech Rep moved among world's car makers from 19th at 13th place in 2009
June 2, 2010 | 01:34am CEToriginalDevelopment of production in separate emerging markets and developed countries and regions, potential and investments in CEE, production moving from Western to Eastern Europe...
read moreNHTSA investigates gas pedal problem of two Ford Motor’s models
June 2, 2010 | 01:11am CEToriginalIt has received several complaints concerning the car-rugs’ touching the pedal. This applies to models Ford Fusion and Mercury Milan for the U.S. market made in...
read moreAAA Auto continues to improve financial results, slowed down by closed shops
June 2, 2010 | 12:34am CEToriginalThe company showed a profit in Q1. Revenues went up by 1.3%; the reasons for growth are financial services and higher margins. Sales declined by 6.1%. Details, trends, outlook...
read moreOpel Hot Week: 7x24 hours with discounts up to CZK 200,000 for both passenger and utility models
June 2, 2010 | 12:01am CEToriginalDuring the entire month of June, Opel Finance is offering a one-year interest-free credit with two instalments 50/50. Parameters of the new product, a six-year warranty...
read morePorsche withdrew legal action against Volkswagen law
June 1, 2010 | 11:49pm CEToriginalThe law guaranteed the federal state Lower Saxony a blocking minority in VW with a share of just above 20%. All legal disputes between the two carmakers were thus been terminated…
read moreVisteon to invest in one of Czech factories to optimize production
June 1, 2010 | 12:40am CEToriginalIt will locate a new production line for metal parts of ventilation and air conditioning units for cars there. The location, customers of Visteon - Autopal...
read moreRenault: Megane Coupe-Cabriolet, Wind roadster, Megane GT/GT Line, Gordini versions, dual-clutch gearbox EDC coming on the market
June 1, 2010 | 12:21am CEToriginalPrices, advantages within the financing, roof folding of the model Wind in 12 seconds, parameters of the EDC gearbox...
read moreCCS, Natankuj.sk: Fuel in Czech Rep cheaper by 20 hellers last week, same as in Slovakia
May 31, 2010 | 11:57pm CEToriginalAccording to analysts, prices could, however, fall by up to CZK 1. The current price level, the strategy of petrol stations, the outlook for this week...
read moreE.ON put its first charging station for electric cars into operation in Brno, first in Czech Rep
May 31, 2010 | 04:01am CEToriginalAt the same time, it is the first charging station set up by an energy company. Electricity recharging is free. Location, parameters, contractors...
read moreSaab seeks return to small car segment, inspired by model from 50’s
May 31, 2010 | 03:44am CEToriginalThe new entry-model Saab 9-1/9-2 should reach the market in 2013. The carmaker’s sales plan for 2010 and 2011, including individual models...
read moreToyota Financial Services: In future we will offer financing of extended warranties and service contracts, supplementary insurance, untied loans
May 31, 2010 | 03:26am CEToriginalDuring 10 years in the Czech Republic, the company has financed over 14,000 Toyota and Lexus cars, which represents a penetration...
read moreJaguar Land Rover plans to assemble cars in China, seeking partner there
May 31, 2010 | 03:06am CEToriginalThe carmaker would like to produce at least two models in China. The production in Britain, the Range Rover LRX, the worldwide sales in April...
read moreAuto-Plus: Gift certificate from SkofFIN with purchase of used Volkswagen and Audi on lease/credit
May 31, 2010 | 02:38am CEToriginalIt can be used for accessories, spare parts or services. The number of cars offered, website visit rate, customer trends, sales from January to April 2010...
read moreSkoda Auto confirmed arrival of new CEO Winfried Vahland
May 31, 2010 | 02:19am CEToriginalPrevious Skoda Auto board chairman Reinhard Jung will retire after three years in office. The change will take place on...
read moreGhosn (Renault, Nissan): Debt crisis could reduce car sales in Europe in 2010
May 31, 2010 | 02:11am CEToriginalIn the U.S., sales are expected to rise by 15% and return soon above 14 million cars annually. As for electric cars...
read moreNew comparison site for damage liability Porovnani-online.cz launched in Czech Rep
May 31, 2010 | 02:06am CEToriginalIt has thus joined dozens of others. Cooperation with insurance companies, competitors, arranging insurance in the world online, expert opinion...
read moreVolkswagen reportedly to become strategic partner of Malaysian carmaker Proton
May 31, 2010 | 01:58am CEToriginalEstablishment of an alliance of both companies is about to be announced within two weeks. The history of negotiations, the possibility of assembling VW cars Proton’s plants...
read moreCredium in June: Service pack for Fiat Ducato worth CZK 63,000 CZK for CZK 6,666 with financing by lease
May 31, 2010 | 01:50am CEToriginalThe pack includes assistance services from Europ Assistance, extended warranty, service inspections, damage liability with a high coverage. Special offers for other brands...
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SELECTED FLASH NEWS
New brands (Chinese and British) entering Czech market (2025: Omoda 144 g/km, 2024: n/a;...
General Motors/GM (Chevrolet, Buick, GMC, Cadillac) asked its suppliers (Tier 1) to phase...
Vision 2030 – Clean Energy of Tomorrow: ČEZ to convert its fleet (over 5,000 units) to...
2025 AlixPartners Global Automotive Outlook: China’s NEV (New Energy Vehicles, BEV+PHEV)...
GlobalData: Global production of battery electric vehicles to increase by 26% to 14.4...
Project M-LightEn (Monocoque architecture – Lightweight and Low Energy): Gordon Murray...
Dataforce: New car sales in DACH region (Germany, Austria, Switzerland) to fall by 0.1% to...
Portu, ČSÚ: Czechs with average net wage in 2025 (CZK 38,815/EUR 1,600 in Q2) work 10.7...
SeAH FSI (manufacturer of fluid systems for automobiles and home appliances with 19...
Geršl (Cario): Cause of accident at 2023 e-Salon clean mobility fair in Prague, Czechia...
Kasko (manufacturer of plastic parts with 330 employees in Slavkov, Czechia; supplier for...
Palíšek (Siemens): By fighting for internal combustion engines (ICEs), Czechs lobbying for...
Centre for European Policy (CEP): Planned introduction of EU Emissions Trading Scheme for...
Klíma (E.ON Drive Infrastructure/EDRI): Czechia currently has sufficient charging...
National Cyber and Information Security Agency (NÚKIB) warned against transfering system...
Science Based Targets initiative (SBTi): Since 2015, total of 11,437 companies set targets...
JATO Dynamics: USA, Germany made greater technological progress in electromobility than...
Science Based Targets initiative (SBTi): DSV and its suppliers ordered 300 Volvo electric...
Pirelli and its second largest shareholder MTP/Camfin (27.4% interest; controlled by...
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 17%...
The Climate Pledge: Initiative to achieve net-zero carbon (CO2) emissions by 2040 (10...
World Health Organization (WHO) classified automotive gasoline as proven carcinogen....
CarGarantie agreed to cooperate with Emil Frey in Czechia, providing 1-year unlimited...
ČSÚ: Over past 20 years, transport (mostly fossil-fuelled) in Czechia became almost three...
The Climate Pledge: Amazon ordered more than 200 Mercedes-Benz eActros 600 (621 kWh...
Auto Goldcar closed Škoda dealership in Prague, Czechia (service remained). In released...
Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia)...
Škoda increased prices of all internal combustion engine (ICE) models in Czechia by up to...
Holan: SUDOP Energy and Environment (SUDOP Group; provider of services in areas of energy...
Autocentrum Dojáček (Fiat, Fiat Professional, Jeep, Hyundai dealer in Prague, Czechia)...
Davo Car (80,000 sqm used car shop with 140 employees in Olbramovice, Czechia; turnover of...
Auto Eder (Toyota, Lexus, Polaris, VebaBox dealer in Karlovy Vary, Czechia) to build Lexus...
SELECTED ARTICLES
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
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
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.16 USD
1 EUR = 0.86 GBP
1 EUR = 0.91 CHF
1 EUR = 24.44 CZK
1 EUR = 4.26 PLN
1 EUR = 388.45 HUF
Source: ECB, March 23, 2026