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SeAH FSI (manufacturer of fluid systems for automobiles and home appliances with 19 workplaces in 6 countries – South Korea, China, Thailand, Mexico, India, Indonesia; customers: Hyundai, Kia, General Motors/GM, KG Mobility/KGM, Renault, Nissan, Tesla, BMW, Stellantis, Geely, Lotus, Lynk & Co, BYD, XPeng, Li Auto, GAC Motor, Aion, BAIC, TI Fluid Systems, Cooper Standard, Nobel Automotive, SumiRiko Italy/Sumitomo Riko Group, Hutchinson, Inalfa Roof Systems, Webasto, FTE Automotive, Hitachi Cable America, Metalfab Manufacturing, Xandor Automotive, Industrial Quality Management Sdn Bhd/IQM, Hanil Tube, Iljin) to build plant in Ostrava, Czechia for brake and fuel lines made of thin-walled small-diameter steel tubes for automotive industry, first in Europe. Company leased Hall M2 (2,673 sqm, two-thirds for light manufacturing, one-third for storage, 465 sqm of office space; rooftop photovoltaic/PV power plant) in P3 Ostrava Central from P3 Logistic Parks, trial production to begin (SOP) in H2 2026, with serial production starting in 2027. Company to use dedicated testing laboratory located inside hall for product testing, quality control. Initially, SFI Europe to employ around 35 people, gradually growing up to 60 employees. Company to supply leading European carmakers from Czechia. Sam Kim appointed as Managing Director of SFI Europe. SeAH Global has been operating in Europe since 2014 through Inox Tech based in Italy
December 10, 2025 | 07:57am CETflashread more
KBA: New car registrations in Germany up by 2.5% in November (motorcycles -67.3%; buses +82.3%; vans/trucks +1%; trailers +1.4%). Electric vehicle sales grew by 58.1% to 88,174 units (55,741 BEVs +58.5%, 32,433 PHEVs +57.4%), representing share of 35.2% (22.2+12.9%)
December 10, 2025 | 07:51am CETflashread more
SMMT increased 2025 UK new car sales (registrations) outlook from 1,986,000 (+1.7%) to 2,012,000 (+3%), of which battery electric vehicles (BEVs) from 472,000 (+23.6%) to 469,000 (+22.8%), and 2026 forecast from 2,019,000 to 2,032,000, of which BEVs from 569,000 to 574,000. Simultaneously, association published its first estimate for 2027 at 2,058,000 cars, of which 663,000 BEVs
December 8, 2025 | 07:57am CETflashread more
AutoSAP: 24,713 (passenger) electric vehicles produced in Czechia in October (+20.7%; 20,953 battery electric vehicles, +34.8%, 3,760 plug-in hybrids, -23.6%), of which 24,701 cars (+20.7%; Škoda: 17,006 BEVs, +29.1%, 2,597 PHEVs, -9.8%; Hyundai: 3,935 BEVs, +66.7%, 1,163 PHEVs, -43.1%) and 12 buses (SOR: 1 BEV; Škoda Electric: 0 BEVs; Iveco: 11 BEVs)
December 8, 2025 | 07:53am CETflashread more
China expanded export restrictions on rare earth elements (REE; including alloys) on November 8, which are important for automotive industry and other sectors (magnets, battery cells, semiconductors, green energy). China's Ministry of Commerce added five more metals (holmium, erbium, thulium, europium, ytterbium) to list of seven elements (samarium, gadolinium, terbium, dysprosium, lutetium, scandium, yttrium) with restricted exports, bringing list to 12 metals (out of total of 17 REEs)
December 8, 2025 | 07:48am CETflashread more
Electric vehicle drivers consumed 2,660 MWh of electricity (+6.4% q/q, +45% y/y) in PRE Point public charging network in Czechia in Q3 during 136,000 recharges (+6.3% q/q, +39% y/y) at 874 charging stations (785 owned by Pražská energetika, 89 in partnership mode), 7,610 MWh (+47%) in Q1-3. Average electricity consumption per charging increased to 30.3 kWh at ultra-fast charging (UFC) stations, utilization according to charging station performance to 3.66% (time utilization to 7.55%). Our PRE Point network reached 4% utilization in September for first time in history in terms of performance and even significantly exceeded 8% in terms of time, Hladík said, adding that PRE plans to operate 900 public charging stations by end of 2025
December 8, 2025 | 07:44am CETflashread more
Electric vehicle drivers consumed more than 770 MWh of electricity (+23% m/m; Prague: 139,536 kWh, South Moravian Region: 115,493 kWh, Vysočina Region: 102,527 kWh, South Bohemian Region: 87,463 kWh, other regions: 324,981 kWh) during 32,625 recharges (+25% m/m) in E.ON Drive public charging network in Czechia in October, 5,798 MWh during 247,625 recharges at 706 charging points at 344 stations in more than 220 locations in first 10 months. Consumption increased most in Olomouc Region (+59% m/m). In Olomouc Region, we also recorded higher use of our charging location for heavy goods vehicles and buses in Mořice. While we had units of charging there monthly after opening in July, we are currently talking about dozens. In addition to trucks, long-distance buses (coaches) that have Mořice on their routes are also charging there, Klíma said
December 5, 2025 | 07:49am CETflashread more
AutoSAP: Car production in Czechia down by 12.2% y/y to 124,600 in October (Škoda+SEAT/Cupra -12.7%, Hyundai -20.5%, Toyota +2.4%). Buses (Iveco +31.5%, SOR +23.3%, Škoda Electric 0 units), motorcycles (Jawa +72.2%) successful differently. Electric car production increased by 20.7% to 24,701 BEVs and PHEVs, while internal combustion engine car (ICEV) manufacturing decreased by 17.7% to 99,899 units
December 5, 2025 | 07:44am CETflashread more
ACEA: New car registrations in EU up by 5.8% in October (Volkswagen +7.9%; Stellantis +6.6%; Renault +10%; Toyota -10.8%; Hyundai +0.1%; BMW +8.7%; Mercedes-Benz +2%; Ford -8.8%; Volvo Cars -7.6%; SAIC +56%; Nissan -3.2%; Suzuki -8.8%; Tesla -48%; Mazda -9%; BYD +195%; Jaguar Land Rover -12.5%; Honda +10.9%; Mitsubishi -47.9%), individual fuel/power types successful differently (BEV +38.6%, PHEV +43.2%, HEV+MHEV +9.4%, FCEV+NGV/CNG+LPG+biofuel/ethanol +18.6%, petrol -14.3%, diesel -21.9%)
December 4, 2025 | 07:57am CETflashread more
SDA: New car registrations in Czechia up by 10.6% in October (vans +22.6%; trucks +1.1%; buses +1.6%; motorcycles -14.1%; trailers+semitrailers +4.4%), individual fuel/power types successful differently (BEV: 1,264 -14.3%, PHEV: 986 +85.3%, LPG: 595 +44.4%, petrol: 16,238 +17.2%, diesel: 4,215 -12.2%). Regarding internal combustion engine (ICE) cars (20,453), 5,474 of them were HEVs+MHEVs (+40.7%)
December 4, 2025 | 07:48am CETflashread more
Take Charge Europe: European Union (EU) should maintain its 2035 zero-CO2 emissions target for new cars and vans, over 50 other CEOs and business leaders from Europe’s e-mobility ecosystem, including vehicle manufacturers, battery producers, charging providers, software developers, material suppliers, electricity suppliers, engineering service providers and grid operators (Nio, Easelink, Eldrive, Electric Avenue, Enapi, Etrel, EVwire, Flexecharge, FlexiCharge, Mennekes, Orange Charging, Phoenix Contact, PlugSecure, PowerGo, Skwatt, TandemDrive, TEAG/Thüringer Energie AG, Technagon, The Mobility House, Tridens, Verize, WattEd, Yusco), said in joint call by associations E-Mobility Europe and ChargeUp Europe. On contrary, representative of Rivian, in which Volkswagen/Porsche Automobil Holding SE holds 12.1% interest, disappeared from list of more than 200 top managers
December 3, 2025 | 07:57am CETflashread more
Component manufacturers
Borgers began enrolling staff in Czech Rep thanks to new contracts
July 24, 2009 | 03:38pm CEToriginalIt plans to enrol 70 workers during August and it does not exclude further recruitment through participation in tenders. Q3 will be in comparison with Q2 weaker, for the whole year 2010 the company estimates...
read moreBrano fined for violation of working directions
July 24, 2009 | 01:40pm CEToriginalEmployment discrimination was not confirmed during the inspection though. The company has appealed against the fine...
read moreGeneral Motors to negotiate on Opel with Magna and RHJ only
July 24, 2009 | 10:10am CEToriginalThe Chinese company Beijing Automotive Industries Corp. (BAIC), which also proposed the final bid, is thus out of the game...
read moreBosch Diesel to extend four-day working week in Jihlava until March 2010
July 23, 2009 | 11:47am CEToriginalAt the same time, the company will not be dismissing collectively for this period. Within voluntary departures until the end of August, the company offers…
read moreGerman government and GM have not agreed on Opel’s future yet
July 23, 2009 | 10:29am CEToriginalWednesday’s meeting did not bring any result. Each party prefers a different applicant. The government incline towards Magna and Sberbank’s offer while GM…
read moreTiberina bought from bankrupt automotive supplier Wagon its Czech plant in Bela
July 22, 2009 | 09:01pm CEToriginalThe plant in Bela, supplying the Czech and European carmakers, has at the same time changed its name to Tiberina Automotive Bela. The transaction value reached...
read moreAutomotive supplier Continental returned to profit in Q2
July 21, 2009 | 04:43pm CEToriginalThe company reported an operating profit of EUR 38.8 million after a loss of EUR 165 million in Q1. The results were supported by...
read moreGeneral Motors has three final bids for Opel's purchase, to be reviewed now
July 21, 2009 | 11:19am CEToriginalThe bids have been proposed by Magna/Sberbank, RHJ and BAIC. Magna and Sberbank newly require Opel's intangible rights and have also increased the bid...
read moreRHJ International offers EUR 275 million for Opel’s half
July 19, 2009 | 10:22pm CEToriginalRHJ’s offer assumes that Opel will produce less, so that the number of employees will fall. It should leave the company up to...
read moreRHJ progressed in Opel negotiations, Magna remaining the favourite
July 14, 2009 | 03:48pm CEToriginalInvestment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...
read moreRussia provided high state guarantee to carmaker GAZ
July 11, 2009 | 02:38pm CEToriginalThe indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...
read moreBAIC submitted attractive bid for Opel, agreement with Magna close to completion though
July 9, 2009 | 02:44pm CEToriginalCompared to Magna, BAIC would dismiss less employees in Europe, ask for a lesser loan and invest in production of Opel cars in...
read moreLear declared bankruptcy
July 7, 2009 | 05:55pm CEToriginalThe company within the reorganization intends to convert its debts of USD 3.6 billion to a combination of new debts, convertible shares and...
read moreChinese company BAIC also fighting for Opel besides RHJ
July 5, 2009 | 05:03pm CEToriginalRHJ and BAIC submitted preliminary bids for Opel share and are still negotiating with GM. Binding offer...
read moreLear about to proclaim bankruptcy
July 2, 2009 | 07:14pm CEToriginalReorganization of the company will be supported by its creditors and bondholders. For financing its bankruptcy they will provide an amount...
read moreHead of Sberbank: Other candidates for Opel are out
July 2, 2009 | 06:59pm CEToriginalThe Chinese carmaker BAIC, the Belgian investment company RHJ and the Italian carmaker Fiat are among the interested persons in Opel purchase. BAIC should in the coming days...
read moreGeneral Motors apparently close to agreement on Opel sale to Belgian company RHJ International
July 1, 2009 | 02:29pm CEToriginalRHJ International has enhanced its offer. According to sources, the preliminary agreement might be signed...
read moreSberbank could withdraw from transaction with Opel
June 29, 2009 | 09:18pm CEToriginalFor GM is constantly changing conditions; a possibility of reverse stock buyout is not up-to-date anymore. There are reportedly no other clients concerned in Opel…
read moreMichelin might cancel up to 3,500 jobs in France by 2011
June 26, 2009 | 06:37pm CEToriginalThe company has previously announced a plan for 700 jobs cancellation within the Toul plant closure. Through voluntary redundancies of its employees it intends...
read moreHorst Koulen leaves Czech Rep, importer license and number of dealers for sale
June 25, 2009 | 11:33pm CEToriginalThe reason is probably the loss of BMW importer license. AuTec Group has already changed its owner, it was bought by...
read moreMann+Hummel coming with new switching second turbocharger valve
June 25, 2009 | 07:10pm CEToriginalIt is used in Jaguar XF for the first time. In the future, Mann+Hummel aim to produce air filling valves also from non-metallic materials...
read morePwC: Tire manufacturers’ revenues fell by about 25% this year, recovery to come in 2011
June 25, 2009 | 05:52pm CEToriginalBarum Continental felt a drop in demand for passenger tires by 10% and by 25% at truck tires this year. The situation should improve in Q3 after the start of deliveries for...
read moreGeneral Motors supposedly require Opel redemption option
June 24, 2009 | 09:15pm CEToriginalAccording to the main candidate Magna, the purchase is in the existence of such an option absolutely impossible. The other GM’s conditions are...
read moreIAC Group to buy nine plants of bankrupt German automotive supplier Stankiewicz
June 24, 2009 | 08:36pm CEToriginalThese are plants in Germany, Belgium, Poland and the Czech Republic, where IAC will take over the manufacturer of acoustically insulating components for cars...
read moreCar starter manufacturer Magneton being bankrupt
June 23, 2009 | 09:45pm CEToriginalThe company, which mainly supplies the automotive industry, faced the economic crisis and had to dismiss several hundreds of employees...
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