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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
In-tech opened branch in Czech Rep, won orders from new clients here
February 27, 2015 | 02:32am CEToriginalIt is the fourth country of the company’s scope. Location, investment, HR, positions offered, consultancy of CzechInvest, services, customers...
read moreSlovak government introduced limits on purchase of official cars for authorities and businesses
February 26, 2015 | 01:54am CEToriginalFive categories according to seniority of the officials, price ceiling, exceptions, concerned and excluded organizations, bounding the price of the vehicle in accounting to company profits...
read moreCzech dealer of Ferrari and Maserati changed owner
February 25, 2015 | 12:31am CEToriginalNew investors at Scuderia Praha, the way of capital investment, timing, personnel changes, five-year strategy...
read moreHonda to replace CEO after six years
February 25, 2015 | 12:16am CEToriginalThis happens at a time when the company and other carmakers are facing problems with Takata airbags. Successor and his career, timing...
read moreCzech Ministry of Transport to select new directors of two auto-moto departments
February 25, 2015 | 12:10am CEToriginalDepartments and their job description, the officials concerned, temporary leaders, timing...
read morePeugeot won record fleet contract for vans in Czech Rep
February 24, 2015 | 11:54pm CEToriginalCustomers, the number of vehicles representing a third of annual sales, models and specifications, form of financing, supplier of special adjustments, the timing of delivery...
read moreToyota and PSA want to reduce costs in Czech plant by at least 10% in 2015
February 24, 2015 | 12:04am CEToriginalHowever, TPCA unions came up with proposals that would mean an increase of 17% within the collective bargaining. Details, employees concerns about the closure of the Kolin factory, introduction of flexible accounts...
read moreIveco Bus wants to expand production capacity in Czech Rep by 60%
February 23, 2015 | 11:43pm CEToriginalCNH Industial would thus strengthen the position of Vysoke Myto as the world’s largest bus plant of the group. New premises, HR, timing...
read moreVahland: Skoda expects at least 50% higher sales of new Superb
February 23, 2015 | 11:37pm CEToriginalDemand for the Superb I and Superb II, details of the business plan, new technologies including LTE and adaptive chassis, driver assistance systems, Simply Clever solutions...
read moreMD Elektronik to invest up to EUR 35 million in Czech Rep
February 23, 2015 | 12:21am CEToriginalLocation, timing, HR, manufacturing automation, a new contract from Daimler, output growth the company’s largest plant, products and clients, moving a plant of the sister company...
read moreNH Car won major contract from Re/Max
February 19, 2015 | 11:56pm CEToriginalThe number of cars, models and specifications, financing leasing company, sales of the Czech dealer of four brands in 2014...
read moreSome employees of Skoda Auto’s plants in Czech Rep do not want flexible accounts
February 19, 2015 | 11:45pm CEToriginalThey are willing to give up wage increase. Reasons, agreement on annual working time and social costs, ongoing negotiations...
read moreOne manager to leave Czech representation of Toyota Motor
February 19, 2015 | 11:38pm CEToriginalThe manager and his professional career, current position, successor, term of personnel changes...
read moreForests of Czech Republic to cancel part of tenders for fleet renewal
February 19, 2015 | 11:21pm CEToriginalReasons, the contracts affected, alleged price dumping, announcement of new tenders, use of ‘pre-market consultation’...
read morePorsche Inter Auto plans to build new showroom in Czech Rep
February 18, 2015 | 11:57pm CEToriginalLocation, brand, the current portfolio of this dealer of most Volkswagen Group brands...
read moreSolera bought IBS Automotive
February 18, 2015 | 11:49pm CEToriginalThe acquisition was carried out via subsidiary Audatex. Profiles of the companies, portfolio expansion, personnel changes...
read moreBMW approved development of SUV for Rolls-Royce
February 18, 2015 | 11:38pm CEToriginalReasons, sales in 2014, the construction of new technological and logistic center, HR, SUV from Bentley (name, launching on the market, the current number of orders)...
read moreAAA Auto plans to further expand in Central Europe
February 18, 2015 | 12:03am CEToriginalReturning to Poland, new used car shops in the Czech Republic and Slovakia, creation of new jobs, vacancies and job benefits...
read moreMitsubishi expanded dealer network in Czech Rep with three new partners – former Hyundai dealers
February 17, 2015 | 02:05am CEToriginalNew Mitsubishi dealerships have been founded both in Bohemia and Moravia. Companies and locations...
read moreHyundai to invest EUR 1.6 billion into commercial vehicles expansion by 2020
February 17, 2015 | 01:47am CEToriginalThe investment is related to vans, trucks and buses. Locations including Europe, R&D, production growth, models and specifications...
read moreOne Toyota dealership closed in Czech Rep
February 15, 2015 | 11:57pm CEToriginalIt happened in a quite significant city for the carmaker. Location, dealer and its financial results...
read moreVolkswagen extended its loyalty program STK Service for VW vehicles
February 15, 2015 | 11:49pm CEToriginalThe affected models, conditions for legal technical inspection free of charge, the new police power of shortening the STK validity to 30 days, the project MOT for Men...
read moreIt stands to reason: SkoFIN launched next phase of its campaign providing advice on car financing
February 15, 2015 | 11:35pm CEToriginalAuthor of the concept, the central character, media types, duration of the campaign, clever financing manual...
read moreKOH-I-NOOR bought Formex, strengthening engineering division
February 12, 2015 | 11:56pm CEToriginalProfile of the tool works and press shop (HR, turnover, products, clients), renaming, plant expansion, profile of Machinery division (HR, sales revenues, profit), synergies...
read moreSkoda Auto to participate in car sharing
February 11, 2015 | 11:57pm CEToriginalThe upcoming project of carsharing in the Czech Republic, the current projects in Brno and Prague, the share of EVs, investments in carsharing companies, old cars sharing, projects in Europe...
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