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VDA: Car production in Germany up by 1% y/y in November, export by 2%
December 6, 2024 | 11:24am CETflashread more
Carlos Tavares resigned as CEO of Stellantis (Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, Leasys), successor to be appointed in H1 2025. His contract was due to expire at beginning of 2026. In recent weeks different views between reference shareholders, Board of Directors and CEO emerged which resulted to this decision, Henri de Castries said
December 6, 2024 | 11:15am CETflashread more
SDA: New car registrations in Czechia up by 6.3% in November (vans -23.2%; trucks +1.7%; buses +49.7%; motorcycles +16.9%; trailers+semitrailers -4.6%), individual fuel/power types successful differently (BEV 1,249 +63.3%, PHEV 521 +16.6%, LPG 512 +43.8%, petrol 13,951 +9.1%, diesel 4,408 -8.7%)
December 6, 2024 | 11:04am CETflashread more
Czech Post continues to electrify its fleet, renewing almost 2,000 vehicles in 2024. Company to receive 1,958 new vehicles (of which 250 baterry electric vehicles; 994 vans – 460 Opel, 130 Ford E-Transit 350 Base, 404 n/a; 964 cars – 652 Škoda Kamiq 1.0 TSI Fresh, 44 Škoda Karoq, 120 Škoda Enyaq 85 Clever, 148 n/a) for more than CZK 1 billion (EUR 40 million), and 2,600 used vehicles (Ford Transit 2008, Renault Kangoo Expres 2007, Škoda 2009-2010) to be retired from fleet. This change to bring average age of Czech Post fleet to under three years. Of these, 250 (BEVs) vehicles to be owned by Czech Post, rest to be operated under operational lease for 3 years or financial leasing for 6 years. Company also plans to purchase another 80 charging stations in addition to its 25, using subsidies
December 5, 2024 | 04:34pm CETflashread more
SMMT: New car registrations in UK down by 1.9% in November (vans up to 3.5 tonnes +10.5%; trucks up to 6 tonnes +93%)
December 5, 2024 | 04:22pm CETflashread more
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
Changes
Czech Gas Association appointed new president
May 29, 2015 | 02:07am CEToriginalThe position has been occupied by an RWE manager again. Visions for the period 2015-2018, amendments to the statutes, increase in the number of vice-chairmen, change in the periodicity of the congress of CPS...
read moreCarmakers continue limiting production in Brazil
May 29, 2015 | 01:57am CEToriginalLayoffs, shutdowns, paid holidays, sales slump in 2015, the situation at Daimler, Fiat Chrysler Automobiles and Volkswagen...
read moreTsubaki wants to build plant in Czech Rep
May 28, 2015 | 12:01am CEToriginalLocation near the car plant, the size and price of the land, products, HR, timing, negotiations with CzechInvest, other activities...
read moreLear to build plant in another country of Eastern Europe
May 27, 2015 | 12:43am CEToriginalLocation, products, customers, HR, timing, acquisition of Eagle Ottawa with only European factory in Hungary, clients...
read moreFormer Hyundai dealer opened Nissan dealership in Czech Rep
May 27, 2015 | 12:31am CEToriginalThe company and its other activities, financial results, location of the Nissan showroom, website...
read moreDaimler to invest over EUR 1 billion in two plants in Germany
May 27, 2015 | 12:23am CEToriginalLocations, HR, products, current and upcoming Mercedes models, timing, output growth in 2014...
read moreVolvo Car chose new dealer in one city in Czech Rep
May 26, 2015 | 02:53am CEToriginalThe company and its history, locations, brands, activities in the field of car leasing and financing, partner...
read moreJaguar Land Rover reportedly considers six sites for production in CEE
May 25, 2015 | 12:19am CEToriginalIt can be the construction of a new plant or production at partner. Reasons, locations, capacity, models, continued investment in the UK...
read moreAnother Skoda dealer to change owner in Czech Rep
May 24, 2015 | 11:48pm CEToriginalThe affected companies, locations, financial results, HR, completion of the transaction...
read moreUnions in Slovak factory of PSA prepare strike
May 24, 2015 | 11:36pm CEToriginalDemands of the unions, the company proposals, breakdown of negotiations through intermediaries, declaration of a strike alert, a new model for the Trnava plant...
read moreJaguar Land Rover allegedly to build new plant in Czech Rep or Poland
May 21, 2015 | 11:57pm CEToriginalThe carmaker has not confirmed it. The countries considered previously, sites offered, demanded land, HR, models, production of components, the plant in Mexico, the amount of investment...
read moreOne Skoda dealer wants to build apartment building instead of showroom in Czech Rep
May 21, 2015 | 11:51pm CEToriginalIt will also include a car shop. The company, location, object parameters, other activities, unconventional way to meet new sales standards...
read moreOne manager left Agrotec
May 21, 2015 | 11:44pm CEToriginalHe was in charge of selling vehicles. The manager, his profile and a new job, his successor...
read moreOne carmaker wants to build plant in Central Europe, perhaps Jaguar Land Rover
May 20, 2015 | 11:32pm CEToriginalConsidered countries, offered sites, the creation of thousands of jobs, the decision horizon...
read moreNissan Best Way: Nissan began offering operating lease for consumers in Czech Rep
May 20, 2015 | 11:21pm CEToriginalFinancial partner, the length of the lease, the parameters of full-service leasing, models, pre-defined cars, prices...
read moreSeveral carmakers and suppliers suspended production in Turkey
May 20, 2015 | 11:12pm CEToriginalThe reason is strikes for higher wages that have begun after an agreement in the Turkish factory of Bosch. The carmakers concerned, possible link to politics...
read moreDaimler to make rotation in commercial vehicles division
May 20, 2015 | 03:50am CEToriginalTwo former chiefs of the carmaker's Czech representation will exchange positions. Personnel change concerns trucks and buses...
read moreGoodyear Dunlop Tires appointed new Marketing Manager for Czech Rep and Slovakia
May 18, 2015 | 11:55pm CEToriginalHe came to the tire manufacturer from one carmaker. The manager, his profile and predecessor, further strengthening of the marketing department...
read moreSlovakia to support sale of green cars
May 18, 2015 | 11:41pm CEToriginalRemission of registration fees, tax benefits for companies, discounted parking, construction of charging stations, the government's plan, demand in Slovakia and EU...
read moreOne manager to leave Porsche Czech Republic
May 18, 2015 | 11:25pm CEToriginalHe has experience not only from distribution, but also from retail. The manager and his profile, timing, his successor...
read moreTuhy: Czech police want to soon renew several thousand vehicles
May 18, 2015 | 04:17am CEToriginalDelivery of 85 Skoda cars (models, engines, contract value), automatic transmission, a new special vehicle, upcoming orders...
read moreVarga: Hungary to support development of e-mobility
May 18, 2015 | 04:08am CEToriginalBuilding charging stations, locations, using dedicated lanes, free parking, electric buses...
read moreFormer Generali manager to become new chief of CSOB Pojistovna
May 15, 2015 | 05:06am CEToriginalHe is leaving the Italian insurance group after five years. The manager and his profile, the development of bank insurance...
read moreTukas to buy Czech dealer Auto Adamek
May 13, 2015 | 11:57pm CEToriginalThe company will then have another branch in Prague. Reasons for the sale, the transaction price, brands, clients, financial performance, personnel changes...
read moreCzech government approved environmental tax for Euro 3 vehicles
May 13, 2015 | 11:44pm CEToriginalTwo new waste laws, more expensive registration fees for used Euro 2 vehicles and older, timing, certification of scrapyards, dealing with used tires...
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