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Palíšek (Siemens): By fighting for internal combustion engines (ICE), Czechs lobbying for their own industrial death. If we fail to quickly transform Czech (automotive) industry with development of new technologies around electromobility and continue to produce components for ICEs, world to escape us. Czech companies to also have to reconsider their approach to sustainability and look for ways to gain competitive advantage, such as reducing their energy consumption. For example, by deploying digital twins in production, all production processes can be simulated and optimized, which can save up to 40% of energy
September 29, 2025 | 05:44pm CETflashread more
Centre for European Policy (CEP): Planned introduction of EU Emissions Trading Scheme for road transport and buildings (EU-ETS 2/ETS2) in 2027, despite political pressure for modification or postponement (18 Member States calling for cap on price of emission allowances for fuel and gas heating at EUR 45 per tonne of CO2 or other changes), is indispensable for effective and cost-efficient reductions in greenhouse gas (GHG) emissions, especially for heavy-duty vehicles (HDVs). Weakening emissions trading mechanism would jeopardise Europe’s decarbonisation pathway, but stronger market-neutral compensation mechanisms – such as reinforced Social Climate Fund – could contribute to its smooth implementation and fair transition. Expected CO2 price signal to help reduce Total Cost of Ownership (TCO) of zero-emission vehicles relative to fossil-fuelled alternatives. Study, citing Eurostat data, also pointed out that share of solid fossils (both lignite and hard coal) in residential final energy consumption in most EU countries in 2023 was less than 1%, but energy transition of residential sectors in Poland (20.61%), Czechia (6.67%), Ireland (2.87%) and Slovakia (1.28%) is in comparatively early stage
September 29, 2025 | 05:28pm CETflashread more
Electromobility Forum 2025: Hyundai Ioniq 9 Calligraphy, Hyundai Inster Premium, Kia EV4, MGS5 EV, Renault 5, Volkswagen ID.7 Tourer, BMW i5 Touring, Riddara RD6, Leapmotor T03, Xpeng G9, DAF XD Electric FAN, Mercedes-Benz eActros 600, Volvo FH Aero Electric, Mercedes-Benz eSprinter to join exhibition (October 1-2 in Prague, Czechia) of battery electric vehicles (BEVs) with possibility of test drives
September 26, 2025 | 11:54am CETflashread more
Trump’s tariffs, weak demand in Europe: Stellantis to suspend production in France (Poissy plant, 2,000 employees, DS 3 and Opel Mokka shutdown on October 13-31), Italy (Pomigliano factory, 3,800 employees, Fiat Panda shutdown on September 29 – October 6, Alfa Romeo Tonale shutdown on September 29 – October 10) for up to three weeks
September 26, 2025 | 11:48am CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 16% in August, penetration (share) down by 2.1 pp
September 26, 2025 | 11:39am CETflashread more
European Hydrogen Week 2025: European Commission (EC), Hydrogen Europe, Clean Hydrogen Partnership to hold conference, B2B forum, innovation forum, number of networking events on hydrogen trends, technologies, projects in Brussels, Belgium on September 29 – October 3. Representatives of BMW, Daimler Truck, ACME Cleantech, Air Liquide, Atmen, Electric Hydrogen, Enagas, Enertrag, Engie, H2Gen, HIF, Infinium, ITM Power, Johnson Matthey, Moeve/Cepsa, Motor Oil Group, Hellenic Hydrogen, PKN Orlen, Repsol, Rheinmetall, Robert Bosch, RWE Generation, Saarstahl, Shell, Siemens Energy, ThyssenKrupp Nucera, Topsoe, TotalEnergies, Turn2x, VTTI, Yara Clean Ammonia, Zaffra, BloombergNEF, Clean Hydrogen Partnership, DVGW (German Technical and Scientific Association for Gas and Water), EC (European Commission), EBRD, ENNOH (European Network of Network Operators for Hydrogen), EP (European Parliament), EUDCA (European Data Centre Association), Fraunhofer IW, GIZ, H2Global Stiftung, H2UB, Hydrogen Council, Hydrogen Europe, Hydrom, Indeloop, International Hydrogen Trade Forum, Mission Innovation, Namibia Green Hydrogen Programme, Solar Impulse Foundation, UNIDO (United Nations Industrial Development Organization), WaterstofNet to speak at events
September 25, 2025 | 05:25pm CETflashread more
Science Based Targets initiative (SBTi): Since 2015, total of 11,601 companies set targets or commitments (8,955 with validated targets, 2,128 with net-zero targets, 2,844 with active commitments) to limit global warming and achieve net-zero greenhouse gas (GHG, carbon/CO2) emissions by no later than 2050 (in line with Paris Agreement’s goal), of which 18 are from Tires sector (Bridgestone, Brisa Bridgestone Sabancı Tire, CEAT, Guizhou Tyre, Hankook Tire & Technology, Kraiburg Austria, Kumho Tire, Michelin, Nexen Tire, Nokian Tyres, Pirelli, Ralf Bohle/Schwalbe, Sailun, Goodyear Tire & Rubber, Yokohama Rubber, Toyo Tire, Vaculug), as results from summary of initiative co-founded by partner organizations CDP (Carbon Disclosure Project), UN (United Nations Global Compact), We Mean Business Coalization, WRI (World Resources Institute) and WWF (World Wide Fund for Nature)
September 25, 2025 | 05:12pm CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 36.6% to 243,618 units (159,746 BEVs, +27%; 83,872 PHEVs, +59%) in August, representing 30.8% share in total registrations (penetration, +7.1 pp), which exceeded 30% for first time. Tesla Model Y (8,330 cars, -37%) was best-selling battery electric vehicle (BEV), followed by Škoda Elroq (6,450, new), Tesla Model 3 (6,382, +15%), BMW iX1 (5,260, +42%), Volkswagen ID.3 (5,253, +52%), VW ID.4 (4,963, +22%), Kia EV3 (4,519, new), Škoda Enyaq (4,410, -18%), Renault 5 (4,175, new) and VW ID.7 (3,981, +42%). Overall BEV market led by Volkswagen (16,523, +45%), Tesla (14,753, -23%), BMW (13,018, +7%), Škoda (11,536, +86%), Audi (9,744, +54%), Hyundai (8,739, +90%), Mercedes (8,429, +7%), Renault (7,799, +88%), BYD (7,109, +114%) and Kia (6,717, +51%)
September 25, 2025 | 05:02pm CETflashread more
Cyber attack: Jaguar Land Rover (JLR; plants in UK, Slovakia, China, India, Brazil) extended production shutdown until October 1. Carmaker is working with cybersecurity specialists, UK's National Cyber Security Centre (NCSC), law enforcement to ensure operations are resumed. Company provided no details on nature of attack, but it is presumed to be ransomware assault (attack on computer systems with malicious software that blocks access to data). JLR also reportedly lost track of 40,000 newly manufactured cars and dealers have also been affected (vehicle registrations, spare parts ordering, diagnostic software)
September 24, 2025 | 11:42am CETflashread more
Smart Production – Digitalizing Automotive Manufacturing 2025: Automotive Circle (Vincentz Network) to hold conference on digitalization of vehicle production in Bad Nauheim, Germany on September 30 – October 1. Representatives of Mercedes-Benz, Renault Group, Ford-Werke, Volvo Car, Divis Intelligent Solutions, Taktiq, Ailoys, IMK Industrial Intelligence, Bosch Rexroth, EDAG Production Solutions, Avery Dennison Smartrac, EM Engineering Methods, Boston Dynamics, GE Vernova, Palladyne AI, PickNik, Fraunhofer IGD to speak at event
September 24, 2025 | 11:30am CETflashread more
JATO Dynamics: Volkswagen T-Roc (14,693 registered vehicles, +14%; xEV 0%) was best-selling car in Europe (28 countries) in August, followed by Dacia Sandero (13,834, -11%; xEV 0%), Toyota Yaris Cross (12,201, -8%; HEV 100%), VW Tiguan (12,094, +23%; MHEV+PHEV 68%), Renault Clio (12,091, -1%; HEV 30%), Hyundai Tucson (11,350, +28%; MHEV+HEV+PHEV 89%), Dacia Duster (9,813, -16%; MHEV+HEV 64%), Toyota Yaris (9,666, -6%; HEV 99%), Opel/Vauxhall Corsa (9,585, +2%; MHEV+BEV 21%) and VW Golf (9,444, -2%; MHEV+PHEV 46%). Overall market up by 5% to 790,177, led by Volkswagen Group (217,320, +5%; MHEV+PHEV+BEV 46%), Stellantis (106,412, +3%; MHEV+PHEV+BEV 62%), Renault Group (74,762, +8%; MHEV+HEV+PHEV+BEV 53%), Hyundai-Kia (69,490, +4%; MHEV+HEV+PHEV+BEV 61%), BMW Group (62,384, +14%; MHEV+PHEV+BEV 81%), Toyota (59,006, -2%; HEV+PHEV+BEV 87%), Mercedes-Benz Cars (45,601, -1%; MHEV+PHEV+BEV 80%), Ford (30,504, +5%; MHEV+HEV+PHEV+BEV 74%), Geely Group (19,966, -13%; MHEV+PHEV+BEV 98%) and SAIC Group (15,988, +45%; HEV+PHEV+BEV 75%)
September 24, 2025 | 11:22am CETflashread more
Electromobility Forum 2025: Economia, Leef Technologies to hold 8th conference on present, future of e-mobility in Prague, Czechia on October 1-2 with exhibition of BEVs, charging technologies, services. Representatives of Volkswagen, Hyundai, Kia, AutoBinck/MG, Onvo/Nio, BattSwap, MAN, Škoda Group, DAF, Daimler Truck, Volvo Group, Aures Holdings, Drivalia Lease, Arval, EIB (European Investment Bank), Orlen Unipetrol, PRE (Pražská energetika), ČEZ, E.ON Drive Infrastructure, Enefit, Chargee eMobility, Hubject, DKV Mobility, Last Mile Solutions, Irdeto, Bosch Powertrain, Valeo, Ekoenergetyka, CEDA Maps, Amazon, C.S.Cargo, Hral, Wolt, Dunne Insights, AutoSAP, Czech E-mobility Platform, E-Mobility Europe, ČESMAD Bohemia, Aku-Bat CZ, SFŽP (State Environmental Fund of Czech Republic), Czech ministries (MPO, MŽP, MD) to speak at event. Leasing České spořitelny, Emil Frey/Leapmotor, Renault, Porsche Holding/VW, Hedin/Xpeng, Innogy, Elexim/MyBox, eJoin, Autel, Onsemi, Carporio, Cummins, Frankensolar, Riddara became partners
September 23, 2025 | 11:50am CETflashread more
OMV fired executive on suspicion of spying for Russia. Long-time OMV manager (who had been temporarily seconded to Abu Dhabi National Oil Company/ADNOC in United Arab Emirates/UAE, which owns 25% stake in OMV) had contacts in Vienna, Austria with Russian diplomat suspected by Western intelligence services of being agent of Russian intelligence service FSB
September 23, 2025 | 11:44am CETflashread more
Usage in the company
Kia Motors showed a record quarter profit of KRW 402 billion in Q3
November 16, 2009 | 03:09pm CEToriginalThe carmaker thus surpassed analysts’ estimations by a third; returned to a profit y/y and increased its profit q/q by…
read moreZVEI holds conference Competence in Automotive Electronics 2009 in Munich on December 8
November 16, 2009 | 02:06pm CEToriginalIt is the sixth year of the event focused on suppliers of electronic and electrical automotive parts. At the conference the following will be speaking…
read moreVolvo AB posted a loss of SEK 3.3 billion in Q3
November 16, 2009 | 01:22pm CEToriginalThe loss is lower though than SEK 4 billion expected by analysts. However, in Q3 2008 the world’s second largest truck producer showed a profit…
read moremmotion09: Mainly exclusive car brands from Europe to be introduced this year, veterans for the first time
November 16, 2009 | 12:29pm CEToriginalAuto-Exner is coming back to mmotion after a year—with its new brand Aston Martin among others. Auto Palace will introduce Infiniti cars there…
read moreVolkswagen Touran: Special offer shifted basic price to CZK 489,900
November 16, 2009 | 11:26am CEToriginalThe special offers bring customers savings of up to CZK 54,700; special packets save further CZK 50,100 even. The action packets include…
read moreHyundai tripled net profit to record KRW 979 billion in Q3
November 16, 2009 | 10:19am CEToriginalAnalysts expected the profit to be lower by one third though. The reason of the better result is higher sales mainly, but Hyundai did not have to solve frequent strikes during Q3…
read moreBugatti agreed on official representation in Czech Rep with Czech partner
November 12, 2009 | 11:21pm CEToriginalThe Czech representation will be the 16th in Europe but the first in Central and Eastern Europe (CEE). In 2010 a showroom in Prague will be opened by…
read moreProducer of plug-in hybrids Fisker appointed a third distributor for Europe including Czech Rep
November 12, 2009 | 11:01pm CEToriginalThe distributor will be in charge of wholesale and retail activities in six countries of Western and Central Europe including the Czech Republic. The company is…
read moreBrand financing of Mazda cars in Czech Rep and Slovakia newly provided by Credium
November 12, 2009 | 10:41pm CEToriginalCredium will finance dealer’s stock cars as well as buying cars by customers under brand Mazda Finance. Credium has thus replaced company…
read moreNew Skoda car will be sedan bigger than Fabia sedan and smaller than Octavia Tour
November 12, 2009 | 09:13pm CEToriginalIt will be a lower middle class car and will replace the Octavia first generation. It will reach the market during two or three years and its price will be around…
read moreA.M.T. Group lost representation of Jaguar and Land Rover brands in Czech Rep
November 12, 2009 | 08:44pm CEToriginalThe importer license is now free, and the carmaker is negotiating it with several prospective partners. Some dealers and showroom of PMG Finance group are for sale…
read moreCarmakers on Czech market giving different car sales margins to dealers
November 12, 2009 | 07:52pm CEToriginalThis is also concerning the Skoda brand, for instance. The amount of margin is dependent on the annual sales volume of a certain dealer, but also on...
read moreSkoFin offers financing of ecological showrooms of Volkswagen Group’s dealers in Czech Rep
November 12, 2009 | 07:16pm CEToriginalThe company finances solar panels for roofs of showroom, photovoltaic parks and will be financing even electric cars in the future. First projects have already started…
read moreUOHS has guessed several producers of cars and spare parts who limit competition among dealers and service shops
November 12, 2009 | 06:26pm CEToriginalIf UOHS proves their offension against the law, they will have to change supply contract. Most dealers currently offer more than one brand…
read moreGeneral Motors to pay off a credit worth EUR 1.5 billion for Opel by end of November
November 12, 2009 | 05:31pm CEToriginalGerman chancellor Angela Merkel called GM for submitting a convincing plan for recovery of Opel quickly. GM has already paid from the bridging loan…
read moreRenault interested in increasing its share in carmaker AvtoVAZ, Russia could allow this
November 12, 2009 | 04:10pm CEToriginalThe government wants to find a strategic partner for AvtoVAZ. That one should be Renault probably who is interested in a control share even…
read moreVolkswagen calls 57,000 concern cars with DSG transmissions to service shops
November 12, 2009 | 01:58pm CEToriginalIt is a preventive inspection because the transmission does not have to be defective in all of the invoked cars. The cars concerned are those of Volkswagen, Audi, Seat and Skoda as well…
read moreQatar wants to sell up to 25 million Volkswagen’s preferred stock
November 12, 2009 | 11:26am CEToriginalState investment company Qatar Holding wants to support liquidity of the stock this way but plans to obtain a share in Volkswagen…
read moreOpel/Vauxhall division to be led by Nick Reilly temporarily, GM still seeks head for Europe
November 12, 2009 | 10:02am CEToriginalCarl-Peter Forster received an offer from Indian carmaker Tata Motors to become a member of management of Jaguar Land Rover division and to introduce Tata Nano into Europe in…
read moreDaimler intend to cancel 1,000 jobs in Mercedes-Benz Cars division
November 11, 2009 | 04:40pm CEToriginalThe carmaker is going to offer a voluntary departure from the company to the German employees. The offer will be made prior to employees aged over...
read moreNew car sales in Slovakia fell sharply by more than third in October
November 11, 2009 | 03:15pm CEToriginalIn ten months, sales decreased by 2.8%. Market share of the most popular brand Skoda has fallen this year by...
read moreGeneral Motors separated sales activities of Opel and Chevrolet in Europe
November 10, 2009 | 11:58pm CEToriginalTwo succession regional representatives Opel SEE and Chevrolet CEE are still settled in Budapest but a range of personnel changes have occurred…
read moreT-Motor Zlin sold 227 new Toyota cars in 2008, plans for further growth in 2009
November 10, 2009 | 11:49pm CEToriginalCompany Zliner continues in the activities of an independent dealer of Toyota, Lexus and Daihatsu. As an authorized service partner, the company offers Expres service…
read moreTatra wants to fight with crisis by selling subsidiaries and buying components from suppliers
November 10, 2009 | 11:05pm CEToriginalThe carmaker intends to focus on construction of special vehicles and development of underbody groups. The company would invest the money from selling the subsidiaries in…
read moreCLFA: Leasing of movable assets down by 56% in Q1-3, a slight drop in other commodities
November 10, 2009 | 10:26pm CEToriginalThe share of operative leasing in the overall volume went up again in 2009 and that was to…
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