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
Volkswagen wants to build plant in Thailand
September 2, 2014 | 10:36pm CEToriginalInvestments should be approved by the local authorities soon. Location, estimated capacity, timing...
read morePetr Kohout left ALD Automotive
September 1, 2014 | 10:44pm CEToriginalPavel Fort became the new head of the Czech branch of the leasing company. His profile, Kohout’s further plans...
read moreVolvo Car looking for new dealers for two regions in Czech Rep
August 31, 2014 | 11:57pm CEToriginalAffected cities and dealer situation in them, requirements, new standards Volvo Retail Experience...
read moreIvana Zimova returned to Mazda brand
August 31, 2014 | 11:48pm CEToriginalAfter three years of engagement in the world of fashion, she returned to the automotive industry, where she took the position of...
read moreCourt provided Saab Automobile owner with bankruptcy protection, in second attempt
August 31, 2014 | 11:44pm CEToriginalSimultaneously, Saab AB withdrew the right to use the Saab brand from NEVS. Details...
read moreRenault-Nissan to cancel 25,000 jobs in AvtoVAZ
August 31, 2014 | 11:35pm CEToriginalThis corresponds to 45% of the current workforce of the Russian carmaker. Reasons, timing...
read moreTwo former directors of Porsche SE to stand trial in Germany due to attempt to take over Volkswagen
August 31, 2014 | 11:20pm CEToriginalThe Court of Appeal reversed the decision of the lower court in April 2014. Further proceedings before the German courts...
read moreSaab’s owner leads talks on funding with two carmakers
August 28, 2014 | 10:27pm CEToriginalMeanwhile, NEVS has asked for court protection from creditors in order to gain more time to reach an agreement. Interested carmakers...
read moreRussia to resume scrap program
August 28, 2014 | 10:17pm CEToriginalTiming, affected categories of vehicles, budget, contribution rates, terms, expected extra sales...
read moreTopolova: AAA Auto modified strategy for CEE
August 27, 2014 | 11:10pm CEToriginalExpansion to other countries, new branches on the existing markets, cheap properties for car centres, search for a partner for e-mobility in Slovakia, sales results and outlook...
read moreAvtoVAZ to cut production of Lada cars
August 27, 2014 | 10:59pm CEToriginalThe measure will not affect the production of Renault and Nissan cars. Reasons, timing, the number of non-produced cars, HR...
read moreCode of Ethics: Association of Czech Hyundai dealers complains at Prime Minister
August 27, 2014 | 12:07am CEToriginalA call to control foreign investors receiving incentives, the five most controversial points of the code of ethics, comparison with the USA...
read moreJaguar Land Rover Special Operations: Automaker created division with personalized services
August 26, 2014 | 11:47pm CEToriginalDivision management, services for exacting clients interested in new cars and the owners of old timers, location of the technical centre, HR, Jaguar Lightweight E-Type...
read moreAllianz to replace global creative agency
August 26, 2014 | 11:34pm CEToriginalThe existing and new partner of WPP Group, requirements of insurer, the impact on individual countries and local branches, the timing, the tender for a media partner...
read moreAstaZero: Volvo Car opened new test facility in Sweden
August 26, 2014 | 11:19pm CEToriginalIn the premises it is possible to simulate different traffic environments. Location, the development of active safety systems for traffic without road accidents...
read moreChevrolet’s former manager joined Czech branch of Nissan
August 26, 2014 | 12:20am CEToriginalIn Nissan Sales CEE he took a post that has become vacant at the end of July. Managers, details...
read moreGM to cut production in Russia
August 25, 2014 | 11:22pm CEToriginalThe location, reasons, scope of limitations, timing, affected Opel and Chevrolet models, sales of these brands in July...
read moreOne manager returned to SkoFIN
August 25, 2014 | 04:48am CEToriginalBefore that there was another personnel change in management of a department in Czech branch of Volkswagen Financial Services. Details...
read moreSoucek (Citroen): Czech van market to grow in next three years
August 25, 2014 | 04:35am CEToriginalDevelopment in H1 2014, results of Citroen, the new Jumper, a new supplier of the fuel injection system, start-stop engines, corporate clients, innovatived modular offer...
read moreMike Nolte to be new head of Daimler’s sales in Czech Rep
August 24, 2014 | 11:28pm CEToriginalAt the same time, he takes one more post. His profile, other personnel changes, the reasons and circumstances...
read moreCzech Ministry of Transport to renew car fleet of top management
August 24, 2014 | 11:17pm CEToriginalReasons, the number and categories of vehicles, estimated price, fleet of the department, the case of testing of a BMW car before the announcement of the tender...
read moreMedvedev: Russia to consider measures to support car market
August 24, 2014 | 11:06pm CEToriginalDemand for cars is being driven down by the Ukrainian crisis, which has a major share in the sharp slowdown in the Russian economy and the decline in the exchange rate of the ruble...
read moreGestamp wants to build second plant in Czech Rep
August 21, 2014 | 10:55pm CEToriginalThe location considered, size and price of the land, the amount of investment, HR, products, timing, other factories in Central Europe...
read moreRussia might prohibit import of cars in case of further sanctions
August 21, 2014 | 10:39pm CEToriginalIt would also affect Czech car plants. Statement of Skoda, Hyundai and TPCA, the share of imported vehicles in the Russian sales...
read moreSkoda Auto to take on 800 new employees in Czech Rep
August 20, 2014 | 11:05pm CEToriginalLocation, reasons, timing, HR resources, salary, the Fabia III with consumption below 3.5 l/100 km or weight below 1 ton...
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