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Martin Hendrych left Proseat, joining Schneider Electric as Plant Manager in Písek, Czechia (manufacturer of industrial components with more than 500 employees). He replaced Bart Mach in position. Lukáš Berger appointed as new head of Proseat Mladá Boleslav factory (manufacturer of polyurethane foam parts for car seats with 330 employees; customers, projects: Audi Q4, BMW M5 Sedan G90, BMW X6 G6X, BMW X7 G7X, Škoda Fabia, Škoda SK336, Toyota Yaris, Volkswagen ID.Buzz, Mubea)
December 10, 2024 | 02:48pm CETflashread more
VDIK: New car sales in Germany to decrease by 0.9% to 2.82 million in 2024 (2023: 2.84 million), of which 32.5% to be registered by private individuals (916,000, -2%, 2023: 933,147), 32.4% by fleet customers (913,000, -7%, 976,698), 24% by automakers and dealers (678,000, +7%, 635,597), 11.1% by car rental and leasing companies (313,000, +5%, 299,167). This development reflects current uncertainty of private and corporate customers, caused by current economic and geopolitical situation, Schmidt mentioned
December 10, 2024 | 02:41pm CETflashread more
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
Changes
Bentley manager to lead marketing of Skoda brand
August 3, 2014 | 11:55pm CEToriginalHe also has experience from another VW Group brand – Porsche. The function was abandoned six months ago by Thomas Owsianski, who...
read moreCzech customs administration passes from operating leases to car ownership
August 3, 2014 | 11:46pm CEToriginalThe winner of the largest tender is the Kia brand. The supplier-dealer, models, number of cars, price, participants in the tender, smaller orders, fleet structure of this institution...
read moreChinese factory of GM's Taiwanese subcontractor shook by explosion
August 3, 2014 | 11:33pm CEToriginalThe company, location, HR, products and clients, the alleged cause and consequences of the explosion (dead, injuries), GM’s reaction...
read moreKovolis Hedvikov to expand its plant in Czech Rep
July 31, 2014 | 11:45pm CEToriginalLocation, investment amount, timing, growth of production, HR, business and financial results, products and clients...
read moreKia began offering branded operating lease in Czech Rep, Arval became partner
July 31, 2014 | 12:24am CEToriginalThe trademark of the product, dealers involved in pilot operation, target group, variants, current business results, the situation in Europe...
read moreGumotex bought Ronson Plastics
July 31, 2014 | 12:19am CEToriginalFinancial results of Gumotex in H1, exchange rate effects, significant growth in the Automotive Division, new contracts for the Volkswagen Group and BMW Group, the investment in the Jaromer plant...
read morePrague Public Transport Company to convert part of its car fleet from operating lease to property
July 31, 2014 | 12:12am CEToriginalReason for the change, size and value of the contract, timing, size and composition of the fleet of passenger cars and commercial vehicles...
read moreCSOB Leasing opened new branch in Czech Rep
July 31, 2014 | 12:05am CEToriginalIt is the company’s 15th business place. Location, director, products and services offered...
read moreGenerali to buy PPF stake in Generali PPF Holding as planned
July 30, 2014 | 11:55pm CEToriginalPart of the joint venture is also Ceska pojistovna. Amount of the share, price, timing...
read moreCzech government concluded investment agreement with Hyundai Mobis
July 29, 2014 | 11:33pm CEToriginalThe amount of investment, timing of the construction, start of production, capacity, the amount and types of incentives, HR, two phases of development, products, customers...
read moreWitte Automotive preparing new investment in Czech Rep
July 29, 2014 | 03:52am CEToriginalLocation, details of the facility, reasons of the investments, new business, timing, financial results in 2013, HR...
read moreCeske Radiokomunikace to convert majority of fleet to CNG drive
July 29, 2014 | 03:38am CEToriginalThe first CNG cars are of the Skoda brand. Size of the contract, the supplier, the size of the company fleet and its renewal, sales plans and orders for the Skoda Octavia G-Tec...
read moreBaur Formschaumtechnik to move its plant in Czech Rep
July 29, 2014 | 03:26am CEToriginalLocalities (current, considered, new), the circumstances, production increase, doubling of the number of employees by 2017, products...
read moreDusan Quis left ING after nine years, moving to CSOB
July 29, 2014 | 03:17am CEToriginalIn August, he will become commercial director at the insurer CSOB Pojistovna. His predecessor Petr Benes...
read moreAnthony Denny is said to be close to selling his stake in AAA Auto
July 28, 2014 | 06:05am CEToriginalThe applicant, price offered, minority shareholders’ activity, personnel changes in the Board and management...
read moreIveco Bus appointed new head at its Czech plant
July 28, 2014 | 05:52am CEToriginalHe is a Czech manager with extensive experience in the development of buses. Pavel Pachovsky...
read moreDavo Exclusive: Davo Car built its first showroom in Czech Rep
July 27, 2014 | 11:54pm CEToriginalLocation of the showroom, its use, current offer of Olbramovice used car shop, partners in the financing, insurance and checking of used vehicles...
read moreFederal-Mogul bought large part of Honeywell’s division Friction Materials
July 27, 2014 | 11:42pm CEToriginalHoneywell has retained only the activities in the U.S. – the Bendix brand. Federal-Mogul has acquired several plants, including the factory in Romania. Price, HR...
read moreEmil Frey to expand portfolio in Czech Rep with new brand
July 24, 2014 | 12:31am CEToriginalIt is the existing brand of the Swiss group Emil Frey. Brand, location of the showroom, the circumstances, related changes, dealer situation in the region...
read moreWitte Automotive took on over 200 people in Czech Rep in H1
July 24, 2014 | 12:18am CEToriginalRecruitment continues, Witte Nejdek needs to fill several dozens of jobs. Reasons, summer jobs for students of technical schools...
read moreRenault to make new van for Fiat
July 24, 2014 | 12:04am CEToriginalSize of the model, location of production, timing, reduction of cooperation between Fiat and PSA Peugeot Citroen…
read moreVolkswagen reorganizing production of Porsche cars, investing hundreds of millions of euros
July 23, 2014 | 02:36am CEToriginalLocations, amounts of investments, transfer of models’ production, assembly of the Cayenne SUV in another plant, timing, HR...
read moreGM shifted responsibility for all brands in Europe, including Russia, to Opel
July 23, 2014 | 02:11am CEToriginalNew company Opel Group, distribution and sales management of Opel, Chevrolet and Cadillac brands from Germany, HR, financial strengthening of Adam Opel AG...
read moreRescuers from Pardubice Region to renew half of ambulances
July 22, 2014 | 12:07am CEToriginalThe number, timing, the current fleet, life, the current method of renewal, contracts for hundreds of ambulances in the Czech Republic thanks to subsidies...
read morePSA Peugeot Citroen to expand activities in Nigeria, starting assembly and sale of other models there
July 21, 2014 | 11:38pm CEToriginalFactory location, models affected, timing, dealer network, the government's strategy for the development of the automotive industry, Nissan's production in the country...
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