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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
Prague cancelled tender for renewal of fleet of municipal police
May 13, 2015 | 11:31pm CEToriginalThe reasons, a call for a new tender, the size of the planned order, the types and numbers of vehicles, value, timing...
read moreTPCA made several personnel changes
May 13, 2015 | 01:13am CEToriginalThese relate to two departments of the Czech factory of carmakers Toyota Motor and PSA Peugeot Citroen. One manager leaving, rotation...
read moreGoTruck: New service concept for trucks created in Czech Rep and Slovakia
May 12, 2015 | 11:40pm CEToriginalThe basis of the network is former Renault Trucks authorized workshops. The author of the project, participating companies, locations, vehicle brands, services, parts suppliers, expansion, microsites...
read moreToyota and PSA to introduce flexible accounts in Czech plant
May 12, 2015 | 03:44am CEToriginalThe new collective agreement in TPCA, increase in wages, surcharges for an extra shift and severance pay, the introduction of the 13th salary, the abolition of the annual bonus, loyalty system Z-Account...
read moreElit to strengthen external communications
May 12, 2015 | 12:40am CEToriginalThe company has agreed to cooperate with one Czech PR agency. The name of the company, PR specialist...
read morePolice charged chief and owner of Auto Activity
May 11, 2015 | 12:22am CEToriginalThe company is also being prosecuted. Offences, amount of damage, harmed customers and leasing companies, the impending punishment...
read moreVolkswagen is working on new management structure of group
May 11, 2015 | 12:07am CEToriginalIt will also affect the Czech carmaker Skoda Auto. Extraordinary meeting of hundreds of managers, conclusions...
read moreNissan to offer operating lease for consumers in Czech Rep soon
May 6, 2015 | 11:57pm CEToriginalFinancial partner, product name, models, prices, parameters of full-service leasing, timing...
read moreBosch exchanged sales director at one plant in Czech Rep
May 6, 2015 | 11:46pm CEToriginalIt happened within rotation. The affected managers, their former and new positions, the profile of the factory...
read moreMaure: Renault to reduce number of jobs in Dacia plant in Romania
May 5, 2015 | 11:56pm CEToriginalReasons, automation strengthening, the threat of the factory closure, production in 2014, the situation at the plant in Morocco...
read moreVolkswagen to integrate MAN and Scania into new commercial division
May 5, 2015 | 11:47pm CEToriginalIts management will coordinate strategy, development, purchasing and HR in trucks and buses. VW vans, decentralization of management of the Volkswagen Group...
read moreHyundai Motor changed chief in Europe
May 5, 2015 | 11:30pm CEToriginalByung Kwon Rhim went to the headquarters in Korea. The new president of Hyundai Motor Europe, further personnel changes in the European representation, sales in Q1...
read moreArval Ambasador: Arval launched new campaign in Czech Rep
May 4, 2015 | 12:22am CEToriginalTarget group, media types used, the ambassador and his profile (manager, company, transition to operating lease, changes in the fleet, brands, models, countries of cooperation)...
read moreVolkswagen has two new members of Supervisory Board
May 3, 2015 | 11:48pm CEToriginalThey have occupied the vacancies after the resignation of Ferdinand Piech and his wife Ursula. The court in Braunschweig appointed...
read moreAGC Automotive intends to increase production in Czech Rep by double-digit pace in 2015
April 30, 2015 | 01:30am CEToriginalThe results of 2014, HR, planned investments, new orders from Daimler and Volkswagen, clients...
read moreSkoda Auto increased profitability by 1.4 percentage points in Q1
April 30, 2015 | 01:13am CEToriginalIt happened along with an increase in production, sales, revenues, profit and declining investments. Growth was driven by the Octavia and Rapid. Details, comment...
read moreWolfram Motz promoted from Czech branch of MBtech to AKKA Technologies
April 28, 2015 | 11:44pm CEToriginalHe will be responsible for more countries including Czech Republic. The operating director of MBtech Bohemia was appointed...
read moreBosch wants to take 12,000 graduates in 2015
April 28, 2015 | 11:25pm CEToriginalLocations, fields, R&D, internet of things, software for autonomous vehicles, support for start-ups, Bosch eBike, internal social network Bosch Connect, a system for finding a parking place, support for women, job-sharing...
read moreEvercore ISI: Most investors hope for profit and value growth of Volkswagen after Piech’s departure
April 28, 2015 | 03:25am CEToriginalDetails of their expectations (profitability, results abroad, acquisitions), the reaction of the stock market...
read moreMichelin optimizes distribution in Europe
April 28, 2015 | 03:17am CEToriginalChanges in Central Europe, a shift of some activities, the profile of Michelin Czech Republic...
read moreHyundai: Czech dealers to adapt their showrooms according to new concept by 2017
April 28, 2015 | 03:09am CEToriginalThe plan for 2015, the upgrade of a demonstrational showroom in Prague, which serves also for professional purposes...
read moreJeroen van Leeuwen left CSOB Pojistovna
April 26, 2015 | 10:51pm CEToriginalHe has been leading the fifth largest insurance company in the Czech Republic for nearly 13 years. Reasons, successor, the financial results of the company in 2014...
read moreFerdinand Piech resigned as Chairman of Volkswagen Supervisory Board
April 26, 2015 | 10:38pm CEToriginalHis wife Ursula is also leaving the Supervisory Board. Successor, the support of shareholders for Winterkorn...
read moreLinde Material Handling converts car fleet to CNG in Czech Rep
April 26, 2015 | 10:24pm CEToriginalIn Europe, the company is testing electric service vans. Brands and models, financing, savings, warehouse trucks with five types of propulsion, clients, production in three locations in the Czech Republic...
read moreSaarGummi to build third plant in Czech Rep
April 23, 2015 | 11:45pm CEToriginalLocation, reasons, moving production, investment amount, timing, HR, sheltered workshops, transportation for employees...
read more
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