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J.D. Power, GlobalData confirmed 2024 global new light-vehicle sales outlook at 88 million units (+1.5%). There continues to be level of risk with vehicle demand in Q4, but increase in October eased some of concern, Schuster (GlobalData) said. Firms simultaneously cut 2025 forecast by 500,000 cars, vans from 91.1 million (+3.5%) to 90.6 million (+2.7%). Autos are poised for continued growth in 2025 as conditions improve in key markets, he added
December 4, 2024 | 05:48pm CETflashread more
PFA: New car registrations in France down by 12.7% in November (vans up to 5.1 tonnes -16.2%; trucks -0.9%)
December 4, 2024 | 05:27pm CETflashread more
Libor Láznička decided to leave Continental after more than 30 years in April 2025. Tomáš Belza, former director of passenger tyre production (PLT), appointed as new tire plant manager in Otrokovice, Czechia (Continental Barum, Continental výroba pneumatik, Continental HT Tyres; 5,200 employees) on November 1
December 2, 2024 | 10:44am CETflashread more
AutoWallis Group (SsangYong distributor in Czechia, BMW dealer in Hradec Králové, Prague and Pardubice, Czechia, representative of more than 20 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) to acquire Milan Král Holding dealer group with 200 employees in České Budějovice, Czechia (Milan Král a.s. – Mercedes-Benz car, van, truck dealer, market share of 6%; ACR Auto – BMW, BMW Motorrad dealer, market share of 7%; MNC Auto – Ford car, van dealer, Opel service; MK Kar-Lak – body shop, paint shop; MK Správní společnost; sales of 1,300 new, 700 used vehicles per year; revenues of HUF 50 billion/EUR 111 million/CZK 2.8 billion in 2023) from founders (Milan Král, Iveta Králová), expanding portfolio by two new brands (Mercedes, Ford). Transaction began to be assessed by Office for Protection of Competition (ÚOHS), it is largest acquisition in AutoWallis’s history
December 2, 2024 | 10:36am CETflashread more
Sales of new light vehicles in USA grew in November (J.D. Power/GlobalData: +11%; Cox Automotive: +6.6%; S&P Global Mobility: +6%)
December 2, 2024 | 10:28am CETflashread more
Emil Frey Group: František Neuman to become new director of used car sales in Czechia and Managing Director of EF Mobility (used car sales programs of distributed brands, Emil Frey Select, Autosphere.cz, 10 employees in Prague, wholesale sales of more than 1,400 used vehicles per year) on January 1, 2025, while remaining Head of Citroën in Czechia
November 29, 2024 | 01:59pm CETflashread more
Seznam Zprávy/Deloitte Czech Elite 2024: 100 most valuable Czech companies (under control of Czech owners) include ČEZ (estimated value: CZK 474 billion/EUR 18.8 billion, main owner: state), Pražská energetika/PRE (CZK 38 billion/EUR 1.5 billion, City of Prague), Eurowag/W.A.G. Payment Solutions (CZK 18 billion/EUR 712 million, Martin Vohánka), Čepro/EuroOil (CZK 14 billion/EUR 554 million, state), Brano (CZK 7.3 billion/EUR 289 million, Pavel Juříček), Škoda Group (CZK 5.8 billion/EUR 230 million, Renáta Kellnerová), Koh-i-noor (CZK 5 billion/EUR 198 million, Vlastislav Bříza), ICOM Transport (CZK 4.4 billion/EUR 174 million, Kateřina Kratochvílová), Auto Jarov (CZK 4.1 billion/EUR 162 million, Josef Fojtík)
November 29, 2024 | 01:42pm CETflashread more
SMMT: Car production in UK down by 15.3% y/y in October, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 3.9%
November 29, 2024 | 01:31pm CETflashread more
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad Soden near Frankfurt, Germany, to produce and supply green hydrogen and provide fuel cell electric vehicles (public buses, trucks, taxis, port cargo handling equipment) in Europe. Toyota Tsusho already has experience in hydrogen business, including operation of hydrogen stations in Japan (Atsuta/Nagoya, Tsutsumi/Miyoshi) and initiatives to convert port machinery to FCEVs in USA (Port of Los Angeles, California)
November 28, 2024 | 11:57am CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,968,000 (+3.4%) to 1,942,000 (+2.1%), of which battery electric vehicles (BEVs) from 364,000 (+15.6%) to 363,000 (+15.4%), and 2025 forecast from 2,029,000 to 1,977,000, of which BEVs from 480,000 to 464,000. Simultaneously, association published its first estimate for 2026 at 2,049,000 cars, of which 585,000 BEVs
November 28, 2024 | 11:47am CETflashread more
MNC Auto (Milan Král Holding/Group; Ford, Opel car, van dealer in České Budějovice, Czechia; revenues of CZK 282 million/EUR 11.2 million in 2023) closed Opel dealership (service remained). In released showroom, company opened AutoProTebe (Auto.pro.tebe, Car.for.you) used car shop, importing nearly-new vehicles from Germany and Netherlands
November 27, 2024 | 10:56am CETflashread more
AutoSAP: 20,472 (passenger) electric vehicles produced in Czechia in October (-12.9%; 15,548 battery electric vehicles, -3%, 4,924 plug-in hybrids, -34.2%), of which 20,460 cars (-13%; Škoda: 13,175 BEVs, +17.8%, 2,880 PHEVs, -40.5%; Hyundai: 2,361 BEVs, -51.3%, 2,044 PHEVs, -22.5%) and 12 buses (SOR: 2 BEVs; Škoda Electric: 0 BEVs; Iveco: 10 BEVs)
November 27, 2024 | 10:42am CETflashread more
Changes
Nokia Here: Auction for mapping services supposedly won by three German carmakers
July 21, 2015 | 11:27pm CEToriginalNone of the companies confirmed the information. Reasons for the sale of this division of Nokia, price, completion of the transaction, the use of autonomous vehicles...
read moreTurkey expects record production and export of vehicles in 2015
July 21, 2015 | 05:13am CEToriginalReasons, recent investments, results in 2014, expectations for 2015, lifting the embargo on Iran...
read moreOpel to reduce production in Germany
July 20, 2015 | 03:46am CEToriginalReasons, factories concerned, timing, utilization of Kurzarbeit program for several weeks...
read moreMagna to buy gearbox manufacturer Getrag
July 17, 2015 | 02:20am CEToriginalThe value of the company, the price of the transaction, the business results in 2014, clients, growth of dual-clutch transmissions segment, sale of the Magna's interior division to Grupo Antolin...
read morePSA to double range of DS models by 2020
July 16, 2015 | 10:28pm CEToriginalModernization of existing models, entry into new segments, sites of production, investments, timing, the new modular platform EMP2...
read moreSwell started to do new kinds of tests
July 16, 2015 | 10:19pm CEToriginalAccreditation of new testing standards, simulations of the effects of car wash on car body paint, new R&D magazine not only for experts, completion of the merger, plans for the future...
read moreSeat stopped production in Spain
July 16, 2015 | 03:25am CEToriginalThis measure has also affected production of Audi cars in the country. A strike at a supplier, products, reasons, timing, production and sale of Seat cars in H1...
read moreInteva Products built two new plants
July 15, 2015 | 03:30am CEToriginalOne is located in Eastern Europe, one in Asia. Locations, products, HR, timing, moving one R&D centre, clients...
read moreSmartbanking 2.4: CSOB continues to develop bank insurance in Czech Rep
July 14, 2015 | 05:19pm CEToriginalThe bank has upgraded its mobile application, which now allows to take out MTPL. Details of the procedure, the rate of mobile and tablet banking use...
read moreProduction of cars, vans in Poland fell in June for first time in 2015
July 14, 2015 | 05:08pm CEToriginalThe drop was recorded both in the y/y and m/m comparison. Results in H1, stable production in 2014, sales in the country where Volkswagen, GM and FCA manufacture…
read moreCzech police to expand fleet of unmarked vehicles with more Skoda cars
July 13, 2015 | 11:28pm CEToriginalThe number of cars, models, contract price, civil vehicles placed off the motorway across the country...
read morePrague announced tender for fleet renewal of municipal police again
July 13, 2015 | 11:19pm CEToriginalThe size of the contract, the types and numbers of vehicles, estimated value, timing, the current state of the fleet, history...
read moreHonda shifts from production localization to global export hubs
July 12, 2015 | 11:54pm CEToriginalMoving production of some models from Europe, the start of production in Africa, alternative fuels, Walking Assist Device, HondaJet...
read moreSkoda Auto to extend main development centre
July 12, 2015 | 11:40pm CEToriginalLocation, activity, investment amount, timing, HR, simulation of temperatures from -40°C to +65°C, extended powers of the fourth largest R&D centre in the Volkswagen Group...
read morePothole Alert: Jaguar Land Rover developing system of detection and information share on potholes
July 12, 2015 | 11:13pm CEToriginalTest cars, the use of adaptive shock absorbers MagneRide, technology capabilities, a warning to other drivers and Road Administration, savings from the defects, damage and accidents...
read moreSeven companies interested in contract for operation of Czech vehicle register
July 10, 2015 | 01:26am CEToriginalOpening of the envelopes, bid prices, requirements for system upgrades, training of officials, the duration of the contract, the history of the register...
read moreTesla Motors agreed on cooperation with PKN Orlen
July 8, 2015 | 11:54pm CEToriginalPKN Orlen is installing Tesla quick chargers at its petrol stations Orlen, Star and Benzina in Central Europe. Locations, timing, number of sockets at stations, charging price...
read moreMagneti Marelli expanded car lighting plant in Russia
July 7, 2015 | 11:39pm CEToriginalLocation, new hall, the amount of investment, developer, problems, test operation, a shift from assembly to manufacturing, HR, local products and clients of Automotive Lighting...
read moreProduction at Czech plant of Toyota and PSA up by 38% in H1
July 7, 2015 | 11:27pm CEToriginalA shift in demand for individual models, the interest in various colours and automatic transmission, the financial results in 2014, confirming the 2015 production plan...
read moreWTO urged Ukraine to abolish import duties on cars
July 7, 2015 | 11:19pm CEToriginalThe Eastern European country introduced duty in 2013 in the range of 6.5 to 13%. Japan’s complaint, the argument of the parties concerned...
read morePiechocinski (Poland): One carmaker wants to invest over EUR 1.5 billion in Central Europe
July 6, 2015 | 11:33pm CEToriginalAccording to earlier information, it should be Jaguar Land Rover. There are apparently only two countries left in the game. Planned production capacity, timing of factory construction, HR...
read moreSeveral senators proposed to limit margins on damage liability of insurers in Czech Rep
July 6, 2015 | 11:09pm CEToriginalThe reason is the high rate increases that do not correspond with the slightly rising indemnity. Details of the proposal (the advance premium payment, repayment of an amount over the limit)...
read moreDenso wants to expand production in Czech Rep by 30% by 2020
July 3, 2015 | 12:08am CEToriginalNew investment, location, growth of automation, HR, recruiting abroad, a new contract from an existing client, the results in 2014 and plan for 2015...
read moreVB Leasing sold its activities in Slovakia, in fourth CEE country
July 2, 2015 | 11:57pm CEToriginalThe buyer and his profile, the profile of VB Leasing SK, the sale of branches in the countries of former Yugoslavia...
read moreCar sales in Germany rose by 12.9% in June
July 2, 2015 | 11:51pm CEToriginalInfluence of the number of working days, results in H1, production and exports, VDA's improved outlook for 2015, car fleet aging, registrations in France, Italy and Spain...
read more
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