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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
Volkswagen to build two new factories in China, received permission from local authorities
July 7, 2014 | 11:37pm CEToriginalAt the same time, the carmaker wants to increase the capacity of one existing plant. Locations, Chinese partners, timing...
read moreKia Motors made major dealer changes in one region in Czech Rep
July 6, 2014 | 11:28pm CEToriginalClosing two dealerships, opening new showrooms of two new partners, moving another dealership, releasing one showroom...
read morePSA Peugeot Citroen changed Vice President at Czech plant within rotation
July 6, 2014 | 11:10pm CEToriginalPatrice Le Guyader went to France, having been replaced in the Czech Republic by Javier Varela. The new position of Guyader...
read moreAPPAA proposes making data from vehicle registry available to scan odometers
July 6, 2014 | 10:59pm CEToriginalIt aims to submit a proposal to the Ministry of Transport soon. The current mileage control options in the Czech Republic are insufficient, according to the association of used car shops...
read moreGeely wants to make China export base for Volvo
July 6, 2014 | 10:47pm CEToriginalUntil recently, Volvo Car manufactured cars in Europe only. Exports of cars from Asia to other continents, timing, sales in the Chinese market...
read moreSupreme Court: Rolling back odometer is fraud if damage exceeds CZK 5,000
July 4, 2014 | 04:36am CEToriginalMinistry of Industry and Trade, however, still insists on a change in legislation. A comment by AAA Auto, the Czech market according to Cebia...
read moreBernhard (Daimler): Volkswagen wants to buy Paccar, preparing bid
July 3, 2014 | 11:38pm CEToriginalHowever, Volkswagen denied the information. The head of the Daimler Trucks Division refers to 'more reputable sources'. Profile of commercial activities of Paccar and Volkswagen...
read moreTI Automotive to expand one plant in Czech Republic
July 3, 2014 | 12:08am CEToriginalThe company operates factories in three cities in the country. The location, reasons, the size of the new hall, HR, timing, products...
read moreCar sales in Germany down by 2% in June, production by 4%
July 2, 2014 | 11:54pm CEToriginalConfirmation of the sales outlook for 2014, the improved outlook for production and export, self-registrations in H1, developments in France and Spain...
read moreProgress-Werk Oberkirch to invest EUR 25 million in Czech Rep
July 1, 2014 | 11:57pm CEToriginalLocation, four stages, new halls, timing, HR, government incentives, products, customers, PWO investment plan for 2014...
read moreAnother top manager left Toyota Motor in Central Europe
July 1, 2014 | 11:50pm CEToriginalThis is a consequence of the reorganization of the distribution of Toyota and Lexus cars in Central Europe. The long-time manager of the Japanese carmaker, his successor...
read moreSGP Sorting Group entered Czech Rep
July 1, 2014 | 11:41pm CEToriginalEight countries covered, sales director for Czech market, HR, outsourcing of quality control of auto parts, clients ranking from suppliers...
read moreUnions: Czech plant of KSM Castings does not comply with Labour Code
July 1, 2014 | 11:31pm CEToriginalThe company’s management rejects this contention. The average wage, salary development, 2013 financial results...
read moreVolkswagen intends to produce another model in Portugal
June 30, 2014 | 11:12pm CEToriginalAt present, the carmaker has been producing four VW and Seat models there. Location, investment amount, timing, HR, government support...
read moreRenault-Nissan took control of AvtoVAZ
June 30, 2014 | 10:34pm CEToriginalThe French-Japanese alliance now has a 67.1% stake in the owner of AvtoVAZ. The outlook for business in Russia...
read moreArval re-insured its fleet at single insurer in Czech Rep
June 30, 2014 | 04:03am CEToriginalDetails of the selection procedure (reasons, the number of cars, the participants, the winner, timing), simplifying the product offer in the car insurance...
read moreAudi and BMW to shorten shifts in some plants in Germany due to football
June 29, 2014 | 11:14pm CEToriginalThe carmakers will allow the staff to watch the eighth finals match of the German team at the World Cup. The affected factories, dates and shifts...
read moreE.ON: Number of CNG vehicles to rise by more than 25% in 2014 in Czech Rep
June 29, 2014 | 11:04pm CEToriginalDevelopment in H1, Skoda Auto contribution, prediction of the gas sales, growth of the filling station network, collaboration with Next Energy, payment by CCS card...
read moreDaimler and Renault-Nissan continue to expand cooperation
June 29, 2014 | 10:47pm CEToriginalThe project on the development and production of Mercedes and Infiniti compact cars, a new plant, capacity, HR, timing, other projects of the Smart and Renault brands...
read moreHyundai Mobis to build headlight plant in Central Europe, probably in Czech Rep
June 27, 2014 | 01:33am CEToriginalThe location, alternatives, plot size, amount of investment, HR, project timing...
read moreCzech government closed investment agreement with Nexen Tire
June 25, 2014 | 11:57pm CEToriginalPlant size, timing of construction, SOP, capacity, HR, amount of incentives, two phases of development, increased interest of investors in the Czech Republic in 2014...
read moreSkoda Auto continues with extended shifts in Fabia production in Czech Rep
June 25, 2014 | 11:46pm CEToriginalThe reason for this measure, dates, above-standard overtimes paid after the second shift at the plant in Mlada Boleslav, the parallel production of the second and third generation...
read moreBMW Group to allegedly willing to reduce costs by EUR 3-4 billion annually
June 25, 2014 | 11:37pm CEToriginalDissatisfaction with the cost in the production of smaller BMW and Mini models, an effort to reduce the R&D costs, decrease in operating margin, situation at Audi and Mercedes...
read moreR.Bourgeois to move its plant in Czech Rep
June 25, 2014 | 01:50am CEToriginalPresent and new location, the size of the hall, the reasons for moving, timing, spot-welding for the automotive industry, clients...
read moreTauber (Genesis Capital): New owner wants to support growth of Swell with other acquisitions
June 25, 2014 | 01:40am CEToriginalThe new owner of Czech R&D company and its profile, the new executives and their competencies, the most important clients...
read more
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