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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

Hyundai Motor appointed new head of plant in Czech Rep

April 30, 2014 | 05:45am CEToriginal
Kim Jun Ha has been charged with a Hyundai plant outside Europe. The new president of Hyundai Motor Manufacturing Czech has become...
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Czech galvanizing plant Kozak Svitavy hit by fire

April 28, 2014 | 06:59am CEToriginal
Location, amount of damage, size of the hall, horizon for resumption of production, HR, revenues, clients, planned sheltered workshop...
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Gestamp wants to increase production in Czech Rep

April 10, 2014 | 12:47am CEToriginal
Location, land acquisition, price, investment amount, HR, planned production volume, timing, clients...
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Continental recorded changes in marketing in Central Europe

April 2, 2014 | 12:32am CEToriginal
Iva Subrtova moved to another department, the new marketing manager for the Czech Republic and Slovakia is...
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SmithNovak holds conference Depreciation in Prague on April 24

March 31, 2014 | 11:03pm CEToriginal
Major topics; speakers from Mercedes-Benz Ford, Allianz, Generali, Auto Jarov, Iris Ident, Deloitte, Bosch, Auto Kelly; price, 30% discount for Autofox readers...
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Nexen Tire considers building plant in Czech Rep

March 27, 2014 | 01:35am CEToriginal
The final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
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Magneti Marelli to expand plant for car lights in Russia

March 25, 2014 | 11:15pm CEToriginal
Location, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
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EC launched investigation of automotive exhausts manufacturers

March 25, 2014 | 10:58pm CEToriginal
Raids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
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Varroc to invest EUR 50 million in Czech Rep by 2016

March 19, 2014 | 11:48pm CEToriginal
Investment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
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EC punished five companies for market cartel with automotive bearings

March 19, 2014 | 11:18pm CEToriginal
One company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
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Hyundai Motor Group wants to expand production in Central Europe

March 19, 2014 | 03:06am CEToriginal
The automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
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JTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep

March 18, 2014 | 12:19am CEToriginal
The plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
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Valeo to expand production in Czech Rep

March 12, 2014 | 11:57pm CEToriginal
Location, new contracts, products, HR, timing, clients, business results...
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Halla Visteon Climate Control won new contracts from Volkswagen

March 11, 2014 | 02:18am CEToriginal
These relate to a new platform. Production in the Czech Republic, timing, products of HVCC, other clients and projects...
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Mahle Behr to expand existing plant rather than building new factory in Czech Rep

March 9, 2014 | 11:26pm CEToriginal
Location, a new hall, HR, timing, clients and contracts, the reasons and circumstances of the investment...
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Skoda Auto to buy tires from Nexen Tire

March 4, 2014 | 11:45pm CEToriginal
The South Korean tire manufacturer is a supplier to Hyundai and Kia cars. Contract and supply situation details...
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Mahle acquired majority stake in Behr

March 3, 2014 | 11:31pm CEToriginal
Details of the transaction, renaming to Mahle Behr, HR, revenues, synergies, cost and investment optimizations in growth regions thanks to new joint factories...
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Tesla plans to build giant factory for battery production

March 3, 2014 | 01:46am CEToriginal
Considered locations, amount of investment, capacity, HR, timing, cooperation with partners, including Panasonic, upcoming models...
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Halla Visteon Climate Control to expand production in Czech Rep

February 19, 2014 | 11:08pm CEToriginal
Location, new hall, the growth of production capacity, products, HR, timing, promotion by agency CzechInvest...
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Global Safety Textiles prepares production shift from Czech Rep to Romania

February 18, 2014 | 12:23am CEToriginal
Stock production, motivation of the remaining employees of the Jevicko plant, timing, HR, compensation, the plan with the factory...
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Halla Visteon Climate Control to build plant in South America

February 16, 2014 | 11:47pm CEToriginal
Location, size, products, HR, timing, a new plant in Russia...
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Grammer to close two of five plants in Czech Rep

February 14, 2014 | 02:21am CEToriginal
It will move production to another factory. The sites concerned, HR, timing, products and clients...
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Mobility Rent: AZ Mobility launched van rental in Czech Rep

February 13, 2014 | 11:24pm CEToriginal
Location, fleet, prices from CZK 450 excl. VAT, optional extras, introductory offer, microsite, five divisions of the company and their clients...
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Hirschmann Automotive reorganizes production

February 11, 2014 | 01:48am CEToriginal
This applies to all plants, namely in Austria, Romania, Morocco and the Czech Republic. Shifts in production, HR, products and clients, a new plant in China...
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Jiri Dufek returns to lead Construct

February 9, 2014 | 11:40pm CEToriginal
He was working in the company manufacturing mechanical car security features for over 15 years, after that he worked at Secar Bohemia offering electronic vehicle security...
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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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1 EUR = 1.16 USD
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Source: ECB, May 21, 2026