latest flash news, including attachments, available to Autofox News subscribers after login
Coface CEE Top 500 Ranking 2024: Electronics, information and telecommunications industry (E/E, ICT; 60 largest firms, -1 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 4.4% to EUR 104-105 billion in 2023 (2022: EUR 100 billion), number of employees grew by 4% to 328,600. Largest companies in sector include LG Energy Solution Wroclaw (EUR 9.09 billion, -3%; 6,546 people, +7%), Samsung SDI Magyarország (EUR 6.04 billion, +48%; 3,344, +25%), Robert Bosch Elektronika (EUR 5.93 billion, +2%; 18,605, +7%), Harman Becker Kft (EUR 2.22 billion, -4%; 4,308, +9%), Continental Automotive Hungary (EUR 2.03 billion, +38%; 6,782, +6%), Bolt Technology (EUR 1.7 billion, +35%; 4,104, -1%), Vitesco Technologies Czech Republic (EUR 1.6 billion, +14%; 4,119, +5%), BYD Smart Device Hungary (EUR 1.24 billion, +65%; 183, +2%), SK Battery Manufacturing (EUR 1.18 billion, +267%; 1,185, +19%), Siemens s.r.o. (EUR 1.15 billion, +1%; 7,474, -1%), SK On Hungary (EUR 1.03 billion, +15%; 2,310, +81%), Bolt Operations (EUR 972 million, +16%; 780, +2%), DPD Polska (EUR 911 million, +1%; 4,545, +8%), Videoton Holding (EUR 811 million, +15%; 9,267, +1%), ABB Sp. z o.o. (EUR 756 million, -2%; 2,688, +68%), Hella Slovakia Lighting (EUR 712 million, +38%; 3,290, -0%), ABB s.r.o. (EUR 703 million, +32%; 3,000, +2%)
December 9, 2024 | 12:54pm CETflashread more
Office for Protection of Competition (ÚOHS) allowed 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)
December 9, 2024 | 12:42pm CETflashread more
VDIK: German car market to fall by 0.9% to 2.82 million units in 2024 (2023: 2.84 million), of which 380,000 BEVs (-28%), 190,000 PHEVs (+8%), 120,000 HEVs (+28%), 600,000 MHEVs (+5%), 1,015,000 petrol (+4%), 500,000 diesel (+3%) and 15,000 gas+other vehicles (+1%). In 2025, new car sales in Germany to reach 2.7-2.85 million (-4.3% to +1.1%) depending on development of framework conditions for electromobility, Labbé said
December 9, 2024 | 12:37pm CETflashread more
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
Changes
Kovolis Hedvikov began to produce components for EVs
December 12, 2014 | 12:50am CEToriginalThe product, volume, customers, growth plan for the production of the factory, orders for SUVs, investments, HR, financial results, increase in the proportion of aluminium in cars...
read moreVolkswagen appointed new head for VW cars
December 11, 2014 | 03:21am CEToriginalAt present, this brand is led by the company CEO Martin Winterkorn. A new member of the Board of Volkswagen will be a former BMW manager...
read moreNorbert Reithofer to prematurely leave office of BMW head
December 10, 2014 | 04:28am CEToriginalHis next office, sales results of the carmaker under Reithofer’s leadership, his successor and profile...
read moreCebiCom: Cebia launched portal for communication of service centres with insurance companies when dealing with damage to vehicles
December 10, 2014 | 04:16am CEToriginalThe advantages, automatic controls, a checklist for car owners, upgrade modules, repair auctions by company TotalCare, the first clients...
read morePRE expanded EV fleet with Volkswagen brand
December 9, 2014 | 04:15am CEToriginalThe affected models, suppliers (leasing company, dealer), utilization, the expansion of the network of PRE charging stations, recharge charging after three years...
read moreOpel stopped producing cars in Bochum
December 9, 2014 | 12:51am CEToriginalThe costs of the factory closure, outplacement program details, continuing distribution centre of spare parts...
read moreCzech Post: LeasePlan succeeded in tender for 300 small vans
December 7, 2014 | 11:47pm CEToriginalThe offered vehicles, drive, length of lease, contract value, size of the option, bidders...
read moreChamber of Deputies approved abolition of contribution for uninsured vehicles in Czech Rep
December 7, 2014 | 11:07pm CEToriginalThe future of the contribution will now be decided by the Senate. Another activity of the government, timing...
read moreOwner of Trost Auto Service Technik changed
December 4, 2014 | 11:44pm CEToriginalThe founding family sold its entire stake to a competitive trader with spare parts. Profiles of both companies, countries covered, including the Czech Republic and Slovakia...
read moreCourt acquitted Martin Bartak and Michal Smrz in case of Tatra military vehicles in Czech Rep
December 3, 2014 | 11:50pm CEToriginalStatements of the former Defence Minister, the owner of MPI Group and the prosecutor, further investigations of the military contracts...
read moreRussia to extend scrap bonus program
December 3, 2014 | 11:37pm CEToriginalTiming, the current expenditure on the aid program for new car sales and disposal of old cars...
read moreIce calamity hit production in Hyundai plant in Czech Rep
December 3, 2014 | 05:33am CEToriginalThe shifts concerned, limiting the supply of components by road transport, replacing the loss of production with extra shifts, reward for employees...
read morePSA Peugeot Citroen continues in organizational changes in Europe
December 1, 2014 | 11:40pm CEToriginalSeveral middle and senior managers in the Czech Republic have taken over the responsibility not only for other brands. Details...
read moreNEVS: Asian carmaker seriously interested in Saab
December 1, 2014 | 11:28pm CEToriginalThe likely investor, agreement horizon, a request for an extension of court protection from creditors...
read moreFord to expand product offer in Europe with trucks
November 30, 2014 | 11:47pm CEToriginalThe countries concerned, timing, models and engines, services, dealer network, profile of the factory, R&D, expansion in the BRIC countries, sales of cabs and engines to truck and bus OEMs...
read morePSA Peugeot Citroen tests operating leases for consumers in Czech Rep
November 27, 2014 | 10:12pm CEToriginalThe financial partner, the first users, affected models, business results of the pilot project, launching onto the market, product specifications...
read moreOldrich Vanicek defends position of UAMK President
November 27, 2014 | 09:51pm CEToriginalThe term of office, a new concept of organization which also provides assistance services for motorists...
read moreTatra Trucks to invest tens of millions of euros in development
November 26, 2014 | 11:56pm CEToriginalShare capital increase, the expected reduction in credit interests, increasing reliability rating, investment allocation (machining, painting, milk-run system), a paint shop for external contracts...
read moreVolkswagen increases investments, plan for years 2015-2019 amounts to EUR 86 billion
November 26, 2014 | 11:39pm CEToriginalIncreasing global presence, continued significant role of Germany, expansion of the SUV range, plan for joint ventures in China...
read moreUSA to introduce customs duty on car, van tires from China
November 26, 2014 | 11:23pm CEToriginalAccording to the US government, Chinese tire manufacturers take use of unfair government subsidies. Timing, the companies concerned, the amount of duties, import of tires in 2013...
read moreContinental considers closing one plant in Europe
November 26, 2014 | 12:38am CEToriginalThe location, products, reasons, the number of employees, negotiations with the unions...
read moreCode of Ethics: Former Hyundai dealers in Czech Rep negotiate new brands
November 26, 2014 | 12:23am CEToriginalSome of them have decided to keep the authorized Hyundai service centre. The first company of the Czech Hyundai dealers’ league has already solved the situation...
read moreFord to soon offer operating leases for consumers in Czech Rep
November 26, 2014 | 12:13am CEToriginalPartner, timing, affected models, the length of the lease, current providers of financing...
read moreKV Final expands in Europe and Asia
November 25, 2014 | 12:19am CEToriginalNew plants in the Czech Republic and China, locations, amount of investment, production moving, timing, HR, wages, products, customers and orders, turnover growth, R&D centre, subsidies from the EU...
read moreSeat received 233 temporary staff
November 24, 2014 | 11:56pm CEToriginalThe affected plant and produced models, reasons, dual apprenticeship educational program, sales growth in 2014 pulled by the CEE region...
read more
Original reports AutofoxUsage in the companyOperating SphereOperating Sphere+Region
Production in Czechia nd SlovakiaProduction abroad and globalSales in Czechia and SlovakiaSales abroad and globalshow all
Vehicle SegmentMobilityInsuranceDamage liabilityAccident insurance, other-than-collision coverage (OTC)Windshield insuranceAnimal collision insuranceGAPAssistance services insuranceReplacement car insuranceshow all
RegionWorldEurope• Czechia• Slovakia• Poland• Hungary• Germany• United Kingdom• France• Italy• Spain• Austria• Romania• Bulgaria• Ukraine• RussiaAmerica• United States• Canada• Mexico• Brazil• ArgentinaAsia• Turkey• Israel• China• Japan• South Korea• IndiaAfrica• Morocco• Tunisia• Egypt• Nigeria• South AfricaAustraliaWestern EuropeCentral EuropeCentral and Eastern EuropeEastern EuropeBeneluxScandinaviaBalticBalkansNAFTALatin AmericaCISMiddle EastASEANshow all
ChangesAcquisitions / MergersDealer networkInvestments / ExpansionNew Plant / FacilityGrow / Fall ProductionCooperation / JVEnd of OperationHuman ResourcesPersonnel changesLogisticsLegislation / SubsidyTenders / ContractsFinancial problemsDisputes, investigations, actionsshow all
CarsR&DNew Model / FaceliftNew Engine / TransmissionTechnologyPricesSpecial offersRepair Service / TiresSpare Parts / AccessoriesWarranties / AssistanceUsed carsRecallshow all
PartsEco FuelSpecial EventsMotor Shows / Trade Fairs• Geneva Motor Show• Frankfurt Motor Show• Paris Motor Show• Brno Motor Show• Prague Motor ShowConferences / Workshops• Expected development of the automotive industry in Czechia and Central Europe• IIR Conferences• Auto 2009• Fleet Management 2010show all
AssociatonsACEA, EuropeAEB, RussiaNGV Association, CzechiaAutomotive Industry Association, CzechiaCAAM, ChinaCzech Insurance Association, CzechiaCzech Insurers’ Bureau, CzechiaCzech leasing and financial association, CzechiaCzech Gas Association, CzechiaCzech Gas Union, CzechiaKBA, GermanyOICAPFA, FranceCar Importers Association, CzechiaSISA, CzechiaSMMT, United KingdomVDA, GermanyAutomotive Industry Association, Slovakiashow all
InstitutionsGovernments / Parliaments• European Commission• European ParliamentInvestment agencies• CzechInvest, CzechiaTrade inspections• Czech Trade Inspection Authority, CzechiaStatistical authorities• Czech Statistical Office, CzechiaAntitrust authorities• Office for the Protection of Competition, CzechiaEIBshow all
AutomakersAixamAston MartinAvtoVAZ• LadaBAICBitterBMW Group• Alpina• BMW• Mini• Rolls-RoyceBrillianceBYDCaterhamCheryCNH Industrial• Iveco• (Irisbus)Czechoslovak Group• Avia• TatraDAFDaimler• Freightliner• Fuso• Mercedes• Setra• (Maybach)DongfengDR AutomobilesEkobusEkovaFAWFerrariFiskerFord Motor• Ford• Lincoln• (Mercury)GACGAZGeely Group• Geely• LEVC• Lotus• Lynk & Co• Polestar• Proton• Smart• Volvo CarsGeneral Motors• BrightDrop• Buick• Cadillac• Chevrolet• Corvette• GMC• Holden• (Daewoo)• (Hummer)• (Pontiac)• (Saturn)GonowGordonGreat Wall Motor• GWM• Haval• Ora• Tank• WeyHengchiHonda Motor• Acura• HondaHyundai Group• Genesis• Hyundai• KiaIneosIsuzuKaipanKamazKing LongKoenigseggLucidMahindra & Mahindra• Mahindra• Reva• SsangYongMartin MotorsMazdaMcLarenMitsubishiMorganNanjing AutomobileNavistarNioNissan Motor• Datsun• Infiniti• NissanPaganiPiaggioQorosRenault Group• Alpine• Dacia• Renault• SamsungRimac(Saab)SAIC Motor• LDV / Maxus• MG• Roewe(Santana)SeresSkoda ElectricSolarisSORSpykerStellantis(Fiat Chrysler Automobiles)(Fiat Group)(Chrysler Group)(PSA)• Abarth• Alfa Romeo• Chrysler• Citroen• Dodge• DS• Fiat• Jeep• Lancia• Maserati• Opel• Peugeot• Ram• VauxhallSubaruSuzukiTata Motors• Jaguar Land Rover• Jaguar• Land Rover• Tata(Tedom)TeslaTOGGToyota Motor• Daihatsu• Lexus• Toyota• (Scion)VDLVolkswagen Group• Audi• Bentley• Bugatti• Cupra• Ducati• Lamborghini• MAN• Porsche• Scania• SEAT• Skoda• VolkswagenVolvo Group• Mack• Nova Bus• Prevost• Renault Trucks• UD Trucks, Buses• Volvo Trucks, BusesYamahaZotyeOthershow all
FactoriesHyundai Motor Manufacturing Czech (HMMC) - Nošovice, CzechiaKia Slovakia - Žilina, SlovakiaPSA Slovakia - Trnava, SlovakiaŠkoda Auto - Kvasiny, CzechiaŠkoda Auto - Mladá Boleslav, CzechiaŠkoda Auto - Vrchlabí, CzechiaToyota Motor Manufacturing Czech Republic (TMMCZ) - Kolín, CzechiaVolkswagen Slovakia - Bratislava, SlovakiaVolkswagen Slovakia - Košice, SlovakiaVolkswagen Slovakia - Martin, SlovakiaVolkswagen Slovakia - Stupava, Slovakiashow all
Component manufacturers3MABBAGCAisanAisinArcelorMittalArvinMeritor (Meritor)AutolivBASFBehr (Mahle)BenetBentelerBorgersBorgWarnerBoschBranoBremboBridgestoneBriskBroseCadence Innovation (Magna)ConstructContinentalDanaDefendDelphiDensoDonaldsonDuraEdschaEissmannEuWe Eugen WexlerFaureciaFederal-MogulFehrerFTE AutomotiveFutabaGestampGetragGKNGoodyearGrammerGrupo AntolinGumotexHanonHellaHennigesHitachiHoneywellHP PelzerHutchinsonHyundai Dymos, Mobis, HyscoIACIntevaJohnson ControlsJTEKTKarsitKiekertKirchhoffKnorr-BremseKoitoKongsbergKostalKoyoKSPGLearLeoniLGLisiMagnaMagneti Marelli / Automotive LightingMann+HummelMatador AutomotiveMegatechMichelinMitsubishi Electric, RayonMubeaNemakNexenNSKOsramPanasonicPirelliPlastic Omnium / InergyRecticelRehauRieter (Autoneum)SaarGummiSaint-GobainSamsungSamvardhana MothersonSanyoSAS AutomotiveSeniorSchaefflerSiemensSKFSumitomoTakataTennecoThyssenKruppTI AutomotiveTiberinaTokai RikaToyoda GoseiTrelleborgTRWValeoVarrocVisteonWabcoWebastoWitteYanfengYazakiZFshow all
R&D companiesAKKA / MBtechAltran / SwellApplus+ IDIADAAufeer DesignBenet EngineeringBrunelEDAG EngineeringPorsche Engineeringshow all
DistributorsDealers, Service StationsAgrotecAlgonAures Holdings / AAA AutoAuto ActivityAuto CorsonAuto DubaAuto EsaAuto HaseAuto HellerAuto CharouzAuto InAuto JarovAuto PalaceAuto UHAuto-ExnerAutobondAutocentrum BarthAutosalon KlokockaBS AutoCar StarCarTec GroupCB AutoDajbychDomanskyEmil FreyFastboxGerhard HorejsekHalfordsHavexHouse of EnglandInveltLoudaLouwmanMVC AutomotiveNH CarOlfin CarPMG FinancePorsche Inter AutoRenocarRhiag (Elit, Auto Kelly)SamohylScuderia PrahaStratos AutoSulzbacherTop Centrum / Vista CarTrostTukasWiesenthalshow all
Financial CompaniesALD AutomotiveAllianzArvalAxaBanque PSA FinanceBawagBusiness LeaseCarGarantCarGarantieCCSCetelemColonnadeCrediumČeská podnikatelská pojišťovnaČeská pojišťovnaČSOB / KBCD.A.S.D.S. LeasingDirectDirect (RSA)EssoxEurop AssistanceEuropcarGE Money / GE CapitalGeneraliGlobal AssistanceHasičská vzájemná pojišťovnaHertzHome CreditKooperativaLeasePlanMaximaMondial AssistanceMonetaPillow (První klubová pojišťovna)QBE / CarlifeRaiffeisenRCI BanqueReal GarantSantandersAutoleasing / ErsteServisní pojišťovnaSixtSlaviaŠkofin / VolkswagenToyota FinancialTriglavÚAMKUniCreditUniqaVolksbankVZPWüstenrotshow all
Fuel and Energy SuppliersAgipArmexBenzinaCeproCeska rafinerskaCEZE.ONEuroOilKM-PronaLindeLukoilMOLOMVPap OilParamoPrazska plynarenskaPRERobin OilRWE / InnogyShellSlovnaftTotalUnipetrolVemex / Gazpromshow all
Another subjectsDay, Week
Month, Year
Interval
cancel
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Q1
Q2
Q3
Q4
I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
available to Autofox News subscribers after login
Autofox Offer
Is a hydrogen power the way of the future? Join the research!Free capacity at plastic molding plant in Jihlava, Czechia
More ads Autofox OfferAutofox Order
Autofox Enterprise
Autofox Job
Autofox Event
Autofox Estate
SELECTED FLASH NEWS
SELECTED ARTICLES
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.03 USD
1 EUR = 0.83 GBP
1 EUR = 0.94 CHF
1 EUR = 25.15 CZK
1 EUR = 4.28 PLN
1 EUR = 416.25 HUF
Source: ECB, January 8, 2025