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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
Changes
Ideal Automotive to expand production in Czech Rep
April 4, 2014 | 12:17am CEToriginalLocation, new hall, developer, timing, HR, new products, 15 years of the company in the Czech Republic, three factories operated...
read moreVolvo chose new dealers in two cities in Czech Rep
April 4, 2014 | 12:01am CEToriginalThose will build showrooms by the new Volvo Retail Experience standards in two year’s time. Locations, companies and their profile...
read moreEqua Bank entered car financing in Czech Rep
April 3, 2014 | 11:51pm CEToriginalIt aims to attack the expensive loans in used car shops. Credit AutoPujcka on used cars, credit parameters and interests, savings, market research, promotion...
read moreDajbych became Jaguar dealer
April 3, 2014 | 11:34pm CEToriginalAt the same time, the company opened its second Land Rover dealership in the Czech Republic. Location of the showroom, services, including pick-up service and body repairs without painting...
read moreLukoil to open Zabka food stores at filling stations in Czech Rep
April 3, 2014 | 11:24pm CEToriginalExperience from Belgium and Poland, the concept of cooperation with Tesco, the first licensed shops, assortment and prices, Billa-Jet cooperation in Austria...
read moreArval gained new client of Wurth Group in Czech Rep
April 2, 2014 | 11:52pm CEToriginalProfile of the company, transition to operational lease, leaseback enforcement, fleet size, vehicle brands...
read moreChevrolet dealers in France sued GM for leaving Europe
April 2, 2014 | 12:41am CEToriginalThey do not like the conditions of termination of dealer agreements. Compensation for prior investments, a decline in value of companies and stocks cars...
read moreContinental recorded changes in marketing in Central Europe
April 2, 2014 | 12:32am CEToriginalIva Subrtova moved to another department, the new marketing manager for the Czech Republic and Slovakia is...
read moreHome Credit: Court to decide on correct calculation of APR
April 2, 2014 | 12:21am CEToriginalIn the event of failure, the company does not intend to claim potential damages to the state. However, Home Credit reportedly changed the method of calculating the APR two years ago...
read moreToyota Motor to reorganize distribution in Central Europe
April 1, 2014 | 12:03am CEToriginalAcquisition of the importer in Hungary, the new headquarters for Central Europe, narrowing of the national representations in the Czech Republic, Slovakia and Hungary, synergies, HR, timing...
read moreRoman Prorok became new client ombudsman at AAA Auto
March 31, 2014 | 11:40pm CEToriginalHe comes to the used car dealer from the state administration, while his predecessor Milan Smutny is heading for it...
read moreKia to have new PR Manager in Czech Rep
March 31, 2014 | 11:25pm CEToriginalIt will be a person with more than 10 years of experience in the automotive industry. Katerina Vokounova is leaving...
read moreOne manager to leave Slovak representation of Honda Motor after 16 years
March 31, 2014 | 12:55am CEToriginalThis personal change is related to a new distribution strategy and creation of the headquarters for Central Europe. Manager, position, timing...
read moreBMW X7: Carmaker to produce large SUV with three rows of seats
March 31, 2014 | 12:42am CEToriginalLocation, investment amount, timing, HR, SUV market by LMC Automotive, BMW X5 eDrive Plug-in Hybrid, BMW sales plan in 2014...
read moreSkoda Auto and unions concluded collective bargaining, contract wages in Czech Rep to rise by 2%
March 31, 2014 | 12:28am CEToriginalAgreement on wages for one year, real wage increase, a lump sum payment, a variable bonus for the results of 2013...
read moreGM to produce Buick cars in Europe, instead of Chevrolet cars
March 31, 2014 | 12:16am CEToriginalLocation, Opel departure from the Chinese market, the reasons, timing, investment of EUR 245 million in the production of the new model in Russelsheim...
read moreUnions: Skoda Auto proposes wage increases below inflation
March 27, 2014 | 10:53pm CEToriginalIf the unions do not agree with the carmaker by the end of March, they will announce a strike alert and take the attitude of passive resistance...
read moreUniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read more
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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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Czech antitrust authority imposed fine on two car dealers for cartel
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SaarGummi plans further investment in Czech Rep
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King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
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Uni Gasket to expand production in Europe
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