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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
Fleet managers of companies: Car ownership can be advantage for large fleets, accident insurance is not necessity
February 10, 2010 | 03:15am CEToriginalUnlike an operating lease, a company can quickly respond to changes in the number of employees, turnover, changes in management as well as their rotation...
read moreHigh demand for Smith Newton electric vehicles in U.S., Avia to deliver another 100 chassis for conversion
February 10, 2010 | 03:00am CEToriginalThis is the second contract to the U.S. after six vehicles in July 2009. The forthcoming sales in CEE, including the Czech Republic, price of the electric car...
read moreSrovnavac.cz: Insurance companies Axa, Wustenrot and Generali increase rate of compulsory liability
February 10, 2010 | 02:42am CEToriginalConversely, Ceska pojistovna is lowering the rates. Axa insurance company newly reflects client’s residence in addition to engine power...
read moreDalkia in Czech Rep decided for transfer to operational leasing, CSOB Leasing being provider
February 10, 2010 | 02:30am CEToriginalThere were 130 cars of the company Dalkia passing to the CSOB Leasing management, tens will follow this year and hundreds in five years. CSOB Leasing has also succeeded in other tenders...
read moreToyota convenes 437,000 hybrid cars because of brakes, including 52,903 in Europe
February 10, 2010 | 02:12am CEToriginalA control program of the ABS system in electronic control unit will be replaced within the service check. The action covers not only the model Prius. In the Czech Republic...
read moreD.A.S.: Uniqa’s car insurance package awoke interest, we expect over 1,000 contracts this year
February 10, 2010 | 01:55am CEToriginalThe insurance company D.A.S. providing legal protection has been operating in the Czech Republic for 15 years. The current number and structure of contracts, insurance stock and the 2009 results...
read moreAlternative drives have not taken hold in fleets of companies yet
February 10, 2010 | 01:30am CEToriginalRegarding CNG, companies are waiting for more filling stations, and with electric vehicles there is a problem with batteries. However, the Toyota Prius hybrid, which is already used by companies, is gaining ground...
read moreAutosalon Klokocka initiated sale and service of Volkswagen cars in Barrandov, Prague 5
February 10, 2010 | 01:14am CEToriginalThe company has opened a Volkswagen showroom within the existing complex. Number of Volkswagen sales outlets in Prague has therefore spread to...
read moreCeska pojistovna to register car at transport inspectorate for free within car insurance conclusion
February 10, 2010 | 12:47am CEToriginalThe insurance company has started a pilot run in seven towns. CP will therefore save the new car owner’s time and money spent for this service, which costs...
read moreGM wants to invest EUR 11 billion in Opel by 2014, to introduce Opel in Asia
February 9, 2010 | 11:51pm CEToriginalHowever, restructuring will require EUR 3.3 billion, releasing 8,300 employees and closing factory in Antwerp. The local production will be moved to...
read moreChrysler to invest USD 550 million in Fiat 500 production in Mexico
February 9, 2010 | 11:40pm CEToriginalThis production will be intended for North and South America. New jobs, production start, annual production capacity...
read moreCCS: Fuel slightly cheaper last week in Czech Rep, only diesel in Slovakia
February 9, 2010 | 11:28pm CEToriginalNatural 95 became cheaper by 9 hellers at Czech petrol stations, diesel by 13 hellers. This week...
read moreToyota resumed production of models which convens to service due to gas pedal in U.S. and Canada
February 9, 2010 | 11:20pm CEToriginalIn the Czech Republic, the failure of the gas pedal refers to 14,196 cars, mostly to the Yaris and the Auris. Services will carry out the repairs...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Avia to enter other continents, to present green technologies
February 9, 2010 | 03:18am CEToriginalThe company will set up a representation in North and South America, North Africa and the Middle East, and is considering an assembly plant in Russia. CNG, electric and hybrid drive...
read moreSkoda Auto at time of crisis: To enter new markets, expand range of models, localize production abroad
February 9, 2010 | 02:56am CEToriginalThe carmaker is subsequently introducing the CKD manufacturing in all its foreign plants. However, there is a delay in Ukraine...
read moreDong Feng Motor entered Czech market with light commercial vehicles
February 9, 2010 | 02:07am CEToriginalThe DFM’s offer contains several models built on one chassis platform. The importer, dealer network, models, prices...
read moreProton Motor: After electric-hydrogen hybrid bus we will come at electric bus
February 9, 2010 | 01:53am CEToriginalNow the company is working on a prototype within which it deals with the problem of a large mass of batteries. It could be present the prototype in...
read moreSaab after completion of sale: 9-3 Sport-Hatch, 9-5X and 9-4X off-roads, consideration of 9-1
February 9, 2010 | 01:33am CEToriginalProduction capacity of plants in Sweden and Mexico, start of production of new generation 9-5 and new 9-4X, a possibility of sharing with Spyker...
read moreLum-Oris offering new Chinese car models expanded dealer network in Czech Rep
February 9, 2010 | 01:10am CEToriginalCurrent state of the dealer network, new partners, existing sale of the off-road model CEO and sales plan for 2010...
read moreSrovnavac.cz: Rates of compulsory liability of large and small insurance companies approaching thanks to number of discounts and bonuses
February 9, 2010 | 12:51am CEToriginalSeven options to achieve a cheaper third-party liability are already available. It extends to the census and copying of bonuses and car insurance on-line...
read moreVolkswagen wants to reduce CO2 emissions in production by 16% by 2016, Skoda Auto to contribute more
February 9, 2010 | 12:30am CEToriginalSkoda Auto and Sko-Energo will focus on the isolation of buildings, greater use of biomass and natural gas, photovoltaics has failed...
read moreAuto Duba to pay half of accident insurance contribution when servicing in garages from February
February 9, 2010 | 12:12am CEToriginalThe offer applies to contracts with the coinsurance of 5 and 10%. For cars older than five years, customers will receive a lower service rate by...
read moreINSURANCE BUSINESS CZ & SK 2009: Decline in car insurance being compensated by other types of non-life insurance
February 8, 2010 | 11:55pm CEToriginalThese include insurance of D&O, business interruption, photovoltaic projects, and ability to repay. The development of the global market and outlook for 2010...
read moreBetter Place has acquired additional capital for construction of electric vehicles’ stations
February 8, 2010 | 11:40pm CEToriginalIt has gained confidence from companies such as HSBC, Morgan Stanley and Lazard. Apart from Israel and Denmark, other states may participate soon...
read moreEC approved loan guarantee for carmaker Saab
February 8, 2010 | 11:25pm CEToriginalA loan of EUR 400 million from the European Investment Bank forms a significant part of the sum needed for the development of Saab cars...
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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 = 24.51 CZK
1 EUR = 4.28 PLN
1 EUR = 392.48 HUF
Source: ECB, March 20, 2026