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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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Component manufacturers

Ten Japanese automotive suppliers fined in China for cartel

August 21, 2014 | 11:14pm CEToriginal
The investigated and punished companies, amount of fines, duration of the cartel, affected components, damaged carmakers, investigation in the sale of cars and spare parts...
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Gestamp wants to build second plant in Czech Rep

August 21, 2014 | 10:55pm CEToriginal
The location considered, size and price of the land, the amount of investment, HR, products, timing, other factories in Central Europe...
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Hyundai Mobis considers employing more people in new plant in Czech Rep

August 20, 2014 | 10:40pm CEToriginal
Details of the intent, several halls, a new subsidiary, factory management, EIA, shift of production from Korea to the Czech Republic, profile of the first Czech plant...
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SkoFIN chose new PR agency

August 18, 2014 | 11:07pm CEToriginal
The winner of the tender and its clients, start of the cooperation, previous partner for PR activities...
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Youngsan to build plant in Slovakia, second in Europe

August 17, 2014 | 10:56pm CEToriginal
Location, investment amount, size of the hall, HR, timing, products, clients including Hyundai-Kia, business activities in the Czech Republic...
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Saab supplier asked court for declaration of bankruptcy of carmaker’s owner

August 13, 2014 | 05:12am CEToriginal
NEVS suspended production of Saab cars in May due to financial problems. The name and profile of the supplier, the amount of the debt...
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CEE Automotive Forum 2014: Further 13 speakers to join conference

August 8, 2014 | 01:07am CEToriginal
These are representatives of CLEPA, AutoSAP, PSA, Volkswagen, Skoda, Opel, Ford, AAA Auto, Ernst & Young, Matador, Aufeer Design, Bosal and Item...
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Mann+Hummel to invest EUR 25 million in Czech Rep by 2016

August 6, 2014 | 11:49pm CEToriginal
Location, timing, details of investments, HR, cooperation with a new personnel agency, clients...
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Gumotex received new orders from Volkswagen Group

August 6, 2014 | 11:18pm CEToriginal
Expansion of the product portfolio, the affected models, volumes, profile of the automotive division, clients...
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Arval VIP Partner: Arval builds premium supplier network in Czech Rep

August 6, 2014 | 11:08pm CEToriginal
Concurrently, it is reducing the number of partners, especially car and tire service shops. Reasons, details, Arval Assistance...
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Kovolis Hedvikov to expand its plant in Czech Rep

July 31, 2014 | 11:45pm CEToriginal
Location, investment amount, timing, growth of production, HR, business and financial results, products and clients...
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Gumotex bought Ronson Plastics

July 31, 2014 | 12:19am CEToriginal
Financial results of Gumotex in H1, exchange rate effects, significant growth in the Automotive Division, new contracts for the Volkswagen Group and BMW Group, the investment in the Jaromer plant...
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Czech government concluded investment agreement with Hyundai Mobis

July 29, 2014 | 11:33pm CEToriginal
The amount of investment, timing of the construction, start of production, capacity, the amount and types of incentives, HR, two phases of development, products, customers...
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Witte Automotive preparing new investment in Czech Rep

July 29, 2014 | 03:52am CEToriginal
Location, details of the facility, reasons of the investments, new business, timing, financial results in 2013, HR...
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Federal-Mogul bought large part of Honeywell’s division Friction Materials

July 27, 2014 | 11:42pm CEToriginal
Honeywell has retained only the activities in the U.S. – the Bendix brand. Federal-Mogul has acquired several plants, including the factory in Romania. Price, HR...
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Witte Automotive took on over 200 people in Czech Rep in H1

July 24, 2014 | 12:18am CEToriginal
Recruitment continues, Witte Nejdek needs to fill several dozens of jobs. Reasons, summer jobs for students of technical schools...
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Pneu & Business 2014: Conference on trade in tires to be held in Czech Rep

July 14, 2014 | 11:20pm CEToriginal
The organizer, date, place, 15 presentations, speakers, partners, registration fee...
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Spanish automotive supplier wants to invest in Czech Rep

July 13, 2014 | 11:55pm CEToriginal
The considered location, demanded land size for the plant, timing...
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Bosch to cut 400 jobs in one plant in Europe

July 9, 2014 | 05:56am CEToriginal
Location of the factory with R&D centre, products for cars, reasons, timing, negotiations with unions...
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CEE Automotive Forum 2014: Informa holds conference in Czech Rep on automotive industry in CEE

July 9, 2014 | 05:04am CEToriginal
Speakers from ACEA, Ford, CzechInvest, TPCA, Tatra, Suzuki, Qoros, Great Wall, Porsche Engineering, ZF, Bosch, Plastic Omnium or Grammer...
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TI Automotive to expand one plant in Czech Republic

July 3, 2014 | 12:08am CEToriginal
The company operates factories in three cities in the country. The location, reasons, the size of the new hall, HR, timing, products...
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SGP Sorting Group entered Czech Rep

July 1, 2014 | 11:41pm CEToriginal
Eight countries covered, sales director for Czech market, HR, outsourcing of quality control of auto parts, clients ranking from suppliers...
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Hyundai Mobis to build headlight plant in Central Europe, probably in Czech Rep

June 27, 2014 | 01:33am CEToriginal
The location, alternatives, plot size, amount of investment, HR, project timing...
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Czech government closed investment agreement with Nexen Tire

June 25, 2014 | 11:57pm CEToriginal
Plant size, timing of construction, SOP, capacity, HR, amount of incentives, two phases of development, increased interest of investors in the Czech Republic in 2014...
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R.Bourgeois to move its plant in Czech Rep

June 25, 2014 | 01:50am CEToriginal
Present and new location, the size of the hall, the reasons for moving, timing, spot-welding for the automotive industry, clients...
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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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