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War in Middle East: International Energy Agency (IEA) set out range of measures that governments, businesses, households can take to alleviate economic impacts on consumers of disruptions to oil markets (shipping through Strait of Hormuz carries 20% of global petroleum consumption). Recommendations for road transport (representing 45% of global oil demand), air travel, cooking, industry are to reduce demand for fossil fuels from oil (diesel, jet fuel, liquefied petroleum gas/LPG) – remote work from home (elimination of commuting), reducie highway/motorway speed limits by at least 10 km/h (decrease in fuel consumption for cars, vans, trucks), encourage public transport (shift from private cars to buses, trains), alternate private car access to roads in large cities on different days (number-plate rotation schemes), increase car sharing and adopt efficient driving practices (higher car occupancy/carpooling, eco-driving), efficient driving for road commercial vehicles and delivery of goods (better driving practices, vehicle maintenance, load optimisation), divert LPG use from transport (shifting bi-fuel, converted vehicles from LPG to gasoline/petrol), avoid air travel (reducing business flights), switch to modern cooking solutions (encouraging electric cooking), leverage flexibility with petrochemical feedstocks (through quick operational improvements). Promoting electric vehicles, hybrids, other fuel-efficient vehicles alongside expanded charging infrastructure can help reduce global reliance on oil. Governments can accelerate adoption through tax incentives, subsidies, low-emission zones and other supportive policies, IEA concluded in report Sheltering From Oil Shocks

April 20, 2026 | 07:47am CETflash
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Operating Sphere

Senior Automotive closes UK plant, moves production to Czech Republic, South Africa

March 20, 2009 | 11:48pm CEToriginal
Senior Automotive will relocate operations from its recently closed UK plant to South Africa and the Czech Republic in…
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AAA Auto closed further branches, last branch in Hungary remains in Budapest

March 20, 2009 | 07:39pm CEToriginal
Used car dealer AAA Auto continues in branches reduction. Currently, the company has…
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Aston Martin to open first dealership in the Czech Republic in 2009

March 20, 2009 | 06:52pm CEToriginal
UK’s luxury sports carmaker Aston Martin has signed on the Czech market a dealership contract with…
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Direct Pojistovna recorded a fivefold rise of prescribed insurance in 2008

March 20, 2009 | 05:40pm CEToriginal
Insurance company Direct Pojistovna dedicated to the vehicles insurance so far to enter other segments in Q2...
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CSU: Natural 95 up by 15 hellers during week, diesel slightly cheaper

March 20, 2009 | 09:49am CEToriginal
The most selling petrol Natural 95 has become more expensive w/w in the ending 12th week by…
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Volkswagen Slovakia reaches collective agreement with unions on 3% wage growth

March 19, 2009 | 10:51pm CEToriginal
On top of that, Volkswagen Slovakia workers will receive extraordinary bonuses...
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Home Credit began offering credits for AAA Auto used cars purchase, besides Slovakia in the Czech Rep too

March 19, 2009 | 10:40pm CEToriginal
Home Credit became another financial partner of AAA Auto in the Czech Republic; it cooperates with AAA Auto in Slovakia since…
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CPU: Natural gas consumption to rise by 30% till 2017 in Czech Rep

March 19, 2009 | 07:21pm CEToriginal
Total sales of natural gas as the fuel (CNG) ran to 3.5 million m3 in 2006, 4.9 million m3 in 2007, and in 2008…
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UniCredit Leasing net profit up at 40% to CZK 431 million in the Czech Republic last year

March 19, 2009 | 05:10pm CEToriginal
UniCredit Leasing CZ posted a consolidated net profit of CZK 431 million last year, which represents a y/y growth of …
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Volkswagen Caddy 4Motion: Small utility vehicle has been initiated with 4x4 drive

March 19, 2009 | 03:13pm CEToriginal
Volkswagen extended its offer for Caddy model range with a 4Motion four-wheel drive system version. Prices starts at…
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MB Citaro FuelCell Hybrid: From hydrogen over diesel-electric hybrid to hydrogen-electric hybrid

March 19, 2009 | 01:10pm CEToriginal
Mercedes-Benz will launch its first hybrid bus with the fuel cells drive in early June; it will be tested right away in…
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Skoda Auto doesn’t catch up with demand due to scrap bonus, Fabia's waiting time till holiday

March 18, 2009 | 08:50pm CEToriginal
The carmaker is producing the small cars, engines and transmissions at the maximum production capacity. Extra working Saturdays…
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Volkswagen Slovakia’s profit up at EUR 283.5 million in 2008 on back of euro adoption

March 18, 2009 | 08:33pm CEToriginal
Volkswagen Slovakia last year saw its profit up at EUR 283.5 million mainly due to...
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Brose plans to invest CZK 400 million into a new production plant in Trutnov

March 18, 2009 | 07:42pm CEToriginal
German company Brose Group aims to move production in Trutnov, East Bohemia, to a brand new plant in the same town…
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Mercedes-Benz Citaro G BlueTec Hybrid: Diesel-electric hybrid bus to be produced in series in 2010

March 18, 2009 | 07:40pm CEToriginal
Daimler will finish testing of the city bus Citaro G BlueTec Hybrid with dieselelectric hybrid drive in 2009. The analysis will be made…
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Volkswagen Group to launch more than 20 all-new models by 2010

March 17, 2009 | 08:30pm CEToriginal
Volkswagen said the number of new models (product enhancements and successors) the company plans to introduce to the market this year will reach...
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AAA Auto: Raised sales in spring make us increase the redemption prices to cars‘ offer replenishing

March 17, 2009 | 08:16pm CEToriginal
AAA Auto records increased demand for its vehicles in the Czech Republic due to the spring motor season coming. The company responded by a redemption price rise up to…
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GENEVA: BMW Z4: First coupe-cabriolet from Munich in sales from May, from CZK 999,000 (EUR 36,950)

March 17, 2009 | 06:03pm CEToriginal
BMW Z4 second generation will offer folding hard top, and therefore only one bodywork coupe-cabriolet version...
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EC allowed Czech Rep three programs for acquisition and renewal of vehicles in public transport

March 17, 2009 | 05:33pm CEToriginal
All three programs will be valid till the end of 2014 and will be supported in total...
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GENEVA: Lexus RX 450h: Third generation of SUV and second generation of hybrid in sales from mid-May

March 16, 2009 | 11:13pm CEToriginal
Thanks to many hybrid drive innovations Lexus managed to reduce the average consumption with a total power of 220 kW to…
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ACEA: European car production might decline by up to 30% in 2009

March 16, 2009 | 09:30pm CEToriginal
The ACEA carmaker association estimates that European passenger car production and commercial vehicle production could this year decline by…
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Financial services more expensive by 0.3% m/m in February

March 16, 2009 | 09:06pm CEToriginal
Prices of financial services including insurance raised y/y in February, however, the prices stagnated m/m…
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AAA Auto to return to consignment sale, more expensive cars mainly

March 16, 2009 | 08:23pm CEToriginal
Although the purchasing strategy has changed and the company is now focusing on 15 most selling cars categories, the company aims to sell cars…
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SAP: Sales of automotive manufacturers to fall more than payroll this year

March 16, 2009 | 04:54pm CEToriginal
Automotive industry companies are trying to preserve employment at the highest economically acceptable level in the current tough situation...
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Prices of transport vehicles producers increased by 2.6% in m/m comparison in February

March 16, 2009 | 04:18pm CEToriginal
Prices of transport vehicles producers in February rose in y/y and m/m comparison by...
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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...
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
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EXCHANGE RATES
1 EUR = 1.16 USD
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Source: ECB, May 21, 2026