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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
Progress-Werk Oberkirch to invest further EUR 15 million in Czech Rep
July 2, 2015 | 01:06am CEToriginalThe recent expansion of the plant in Valasske Mezirici, new press machines, HR, products, clients, production growth in the coming years, scholarship programs connected to practice in PWO...
read moreVolvo Car appointed new head in Czech Rep
July 2, 2015 | 12:55am CEToriginalIt is a manager with years of experience in the field of distribution and retail sales of Volvo cars. Her profile and successor, new job of Frank Versaevel...
read morePrague taxi services expand into premium segment – with Skoda cars
June 30, 2015 | 11:57pm CEToriginalThe latest project of the company Taxi Praha, Tick Tack fleet widening, fleets of competing taxi services (Blue Angel Business, City Exclusive, Uber), card payments...
read moreSemi-transfers in Czech Rep: Vehicle must have damage liability insurance, despite being removed from registry
June 30, 2015 | 11:15pm CEToriginalHowever, this does not apply to vehicles that have ceased to exist not only administratively, but also physically. Details of opinion of CKP, payment of claims by insurance companies...
read moreGE Capital to sell part of its activities in Europe to Arval
June 29, 2015 | 11:43pm CEToriginalThe same activities in North America will be acquired by Arval partner – Element Financial. Scope of the agreement, price, completion of the transaction, the situation in the Czech Republic...
read moreAAA Auto to move headquarters from Netherlands to Czech Rep
June 29, 2015 | 11:20pm CEToriginalThis used car dealer has already carried out the same step in the tax area. The merger of several companies, the new name of the parent company, Denny's definitive departure from AAA Auto...
read moreSemi-transfers in Czech Rep: Government to inform neighboring countries about large number of cancelled vehicles
June 29, 2015 | 05:25am CEToriginalBy this step it aims to prevent attempts of some owners to sell the deregistered cars abroad, where authorities might register them inattentively again. License plates…
read moreCzech Rep to restore part of officers' fleet by CNG cars, Skoda Auto successful in tender
June 29, 2015 | 05:18am CEToriginalDetails of the framework agreement (models, specifications, prices, duration), the organizations concerned, other bids, the amount of savings...
read moreSemi-transfers in Czech Rep: Insurance companies to pay damages of drivers in administratively non-existing cars
June 29, 2015 | 05:06am CEToriginalIt has been agreed by all members of the Czech Insurers' Bureau. Possible sanctions from insurance companies in case of accidents...
read moreAutomotive exports from Poland grows at double-digit pace
June 28, 2015 | 11:28pm CEToriginalResults in March and Q1, the largest export markets including Czech Republic, figures for cars, vans, engines and components, expectations for 2015...
read moreMann+Hummel to invest several million euros in Czech Rep in 2015
June 26, 2015 | 02:21am CEToriginalAllocation of investments, financial results in 2014 and plan for 2015, HR, fluctuations, the need for improvement of regional roads...
read moreSemi-transfers in Czech Rep: Register reduced by at least 600,000 vehicles as of July
June 25, 2015 | 11:17pm CEToriginalIt concerns mainly cars and motorcycles, which apparently are not operational or do not exist. Current number of cars in semi-transfers, cars with valid MOT certificate, a microsite of the Ministry of Transport...
read moreSemi-transfers in Czech Rep: Allianz to pay damages for drivers in non-existing cars
June 25, 2015 | 02:28am CEToriginalDespite the fact that damage liability of these motorists expires after June 30. Possible consequences and penalties...
read moreAutosalon Bowling Cup 2015: After Spain people in Czech Rep given chance to play pin skittles with car
June 24, 2015 | 11:07pm CEToriginalAuthor of the competition, rules and prizes, parameters of cars and pin skittles, details of the roadshow, partners, website...
read moreTrade unionists of PSA plant in Slovakia want to go on strike next week
June 24, 2015 | 01:41am CEToriginalThey announced specific date after the latest negotiations and previous events did not yield the desired outcome (negotiations through intermediaries, a protest march through the city)...
read moreAvtoVAZ cut production, restored it soon
June 23, 2015 | 11:32pm CEToriginalReasons, timing, financial results of the producer of Lada cars in 2014, rising prices of cars due to weak ruble...
read moreCSOB Leasing Assistant: CSOB Leasing launched mobile app for drivers in Czech Rep
June 23, 2015 | 12:05am CEToriginalThis is part of the assistance services. Partner of CSOB Leasing Assistance, application features, developer and his other projects, availability to Android phones only...
read moreA.T.U Auto-Teile-Unger leaves some countries, Czech Rep most recently
June 21, 2015 | 11:48pm CEToriginalReasons, profile of the Czech branch (service centres, HR, financial results), creditors, insolvency solution of Auto-Technik-Unger, withdrawal from other markets, parts suppliers...
read moreFiat Chrysler Automobiles got new manager
June 21, 2015 | 11:36pm CEToriginalHe will be responsible for more brands in several countries of Central Europe. The manager and his experience, his new position in FCA...
read morePSA to build factory in Morocco
June 21, 2015 | 11:29pm CEToriginalLocation, amount of investment, production capacity, timing, HR, parts sourcing, models, platform, selling markets...
read moreATR expands with Auto Check Center service concept
June 19, 2015 | 02:20am CEToriginalThe license for the Czech Republic and China has been acquired by Stahlgruber. Partners in other countries, the current and planned network of service shops, involvement of authorized dealers, standards, services...
read morePorsche opened third authorized service shop in Czech Rep
June 19, 2015 | 01:46am CEToriginalIt was added to the premises in Prague and Brno. The company, location, amount of investment, scope of services, HR...
read moreMarchionne allegedly wants to persuade GM to merge with FCA with help of investors
June 19, 2015 | 01:33am CEToriginalCEO of Fiat Chrysler Automobiles was to be encouraged to this process by the recent success of a group of GM investors who...
read moreEurazeo intends to sell part of share in loss-making car rental Europcar
June 18, 2015 | 02:56am CEToriginalIPO, timing, share price, company value, the revenue allocation from the IPO, the financial results of the largest European car rental in 2014...
read moreForests of Czech Republic to begin restoring car fleet using dynamic purchasing system
June 17, 2015 | 11:31pm CEToriginalAt the same time, the manager of state forests became a central authority for further organizations of the Ministry of Agriculture in one current contract…
read more
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