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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
Volkswagen to build new body shop in Slovakia
April 10, 2015 | 01:51am CEToriginalInvestment amount, timing, production for Bentley, HR, production of the Bratislava plant in 2014...
read moreTrade unions at Skoda Auto’s Czech plants announced strike alert
April 10, 2015 | 01:42am CEToriginalDate and locations of planned protests, possible restrictions on the production, the carmaker’s wage proposal...
read moreTomas Velek to become new head of Audi in Czech Rep
April 9, 2015 | 12:48am CEToriginalAfter ten years, he is coming back to the Volkswagen Group, where he has already worked with the Audi brand. Thomas Otter...
read moreNew Hyundai showroom to be built in Czech Rep
April 9, 2015 | 12:22am CEToriginalInvestor and his other activities, location, size of the showroom, timing...
read moreForests of Czech Republic: Two Skoda dealers succeeded in two tenders
April 7, 2015 | 11:55pm CEToriginalA VW dealer was successful in the third tender. The models and prices offered, number of vehicles, two re-announced tenders, age of the fleet of forestry company...
read moreVinCheck: New service to check used cars launched in Czech Rep
April 7, 2015 | 11:43pm CEToriginalIt is a project of Iris Ident, Car Detect, TUV Nord and used car dealers association APPAA. The range of services, website, efforts to expand cooperation with other subjects...
read moreRussian carmakers discussing start of vehicle assembly in Iran
April 7, 2015 | 11:28pm CEToriginalThe information came moments after world powers reached a framework agreement on Iran’s nuclear program. The companies interested...
read moreOne Skoda dealer in Czech Rep changed owner
April 7, 2015 | 12:29am CEToriginalThe company has been acquired by a medium-sized multi-brand dealer with showrooms in several cities. The companies concerned, locations, financial results, clients, personnel changes, other bidders...
read moreHyundai increases production in Czech Rep
April 6, 2015 | 11:36pm CEToriginalResults in Q1, the biggest markets, the increase in transport by rail, product innovations (i30, ix20, Tucson), acceleration of production lines, HR, special shifts in Q2...
read moreDaimler expanded competence of one of its fleet centres in Czech Rep
April 6, 2015 | 11:27pm CEToriginalDealers, locations, standards, situation in Prague, focus on Mercedes-Benz cars and vans, a possible extension for other dealerships...
read moreSkoFIN appointed new head of fleet sales
April 2, 2015 | 11:57pm CEToriginalThe new head became a manager with experience from a Czech telecommunications company. His predecessor...
read moreEmployees of Czech plants of Skoda Auto plan protest
April 2, 2015 | 11:34pm CEToriginalThe corporate union survey also showed that some of them are for an immediate strike. Timing, initiation of passive resistance...
read moreOne manager leaves LeasePlan’s branch in Czech Rep
April 2, 2015 | 11:28pm CEToriginalThe company is choosing his successor. The manager and his experience, position, details...
read moreVolkswagen to cut production in Brazil
April 2, 2015 | 11:16pm CEToriginalThe plant, models produced, the length of the outage, the decline in production, exports and sales in the country, HR, the new employment contract...
read moreAshok Leyland might start producing buses in Czech Rep
April 1, 2015 | 11:57pm CEToriginalThe company has transferred Avia under a subsidiary company producing buses. Details of the transaction, the earlier effort of Avia to produce buses, readiness of the factory in Prague...
read moreSkoda Auto further increased its offer of wage growth for employees in Czech Rep
April 1, 2015 | 11:36pm CEToriginalHowever, the trade union refused it again. Details of the proposal, an increase in the contribution to pension funds, the amount of the annual bonus, further negotiations...
read moreBosch appointed new head of sales in Czech Rep, Slovakia, Austria and entire CEE
April 1, 2015 | 12:15am CEToriginalHe is a manager with experience in the areas of purchasing, logistics, controlling, corporate planning and sales. Klaus Huttelmaier...
read moreCSOB Leasing made several changes in management positions in Czech Rep
April 1, 2015 | 12:08am CEToriginalThe company has created a new department bringing together financing of vehicles and retail clients. Rotation of managers in the CSOB Group, Marian Mraz...
read moreAutomotive CEE Day 2015: Another contract meeting to be held in Poland
March 31, 2015 | 12:19am CEToriginalThe term, participating carmakers and suppliers (GM, PSA, Toyota, Honda, Solaris, Polaris, TRW, BorgWarner, Pilkington), partners, the interest in 2014...
read moreAshok Leyland sold Avia to unknown investor
March 30, 2015 | 11:50pm CEToriginalThe buyer earned an interesting property in the Czech capital rather than an OEM. The transaction value, technologies for the production of a cabin for medium trucks...
read moreAssociation of Hyundai Dealers: Hundreds of new Hyundai cars registered on purpose in Czech Rep this year
March 30, 2015 | 11:37pm CEToriginalThe cars should have been registered not only by a distributor, but also by some dealers or befriended companies. Detailed information...
read moreVolkswagen to create further 900 jobs in Poland
March 29, 2015 | 11:54pm CEToriginalLocation, reasons, production of vans in 2014, weekend shifts, new Caddy 4 and T6...
read morePSA and Mitsubishi to suspend production in Russia
March 29, 2015 | 11:35pm CEToriginalAt the same time, their relatively new joint venture will release a few dozen employees. Terms of the outages, affected models...
read moreAutocentrum Barth increased car sales and revenues by more than 30% in 2014
March 27, 2015 | 12:53am CEToriginalDemand for new and used vehicles, the results of individual brands, new caravan rental, partner of the beauty contest Czech Miss 2015...
read moreSkoda Auto increased offer of wage growth of employees in Czech Rep
March 27, 2015 | 12:42am CEToriginalThe unions have refused it, but reduced their requirement. Agreement on flexible accounts, planned preparation for protests, further negotiations...
read more
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