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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
EU countries and European Parliament found compromise on car emissions
November 28, 2013 | 01:09am CEToriginalTarget for 2020, super-credits for the years 2020 to 2022, the change in the limit for recognition of super-credits...
read moreOne top manager to leave Skofin
November 27, 2013 | 03:12am CEToriginalThe manager and his professional career, reasons for leaving, successor, timing...
read moreContinental to invest over EUR 150 million in tire production in Czech Rep
November 27, 2013 | 03:07am CEToriginalLocation, timing, HR, investment in commercial and high-speed tires, doubling the production of ContiSeal tires, moving production to CEE, new clients...
read moreAuto Charouz launches new concept of multibrand car sale in Czech Rep
November 27, 2013 | 02:54am CEToriginalParticipating companies and brands, multi-brand showrooms, sales representatives in 13 cities, partners for additional services, website...
read moreCourt apparently not yet ruled in dispute between Jaguar Land Rover and former dealer in Czech Rep
November 27, 2013 | 12:36am CEToriginalCzech luxury car dealer sued the importer regarding non-compliance of the dealer contract. The court, the duration of the dispute...
read moreTI Automotive expects further growth in Czech Rep
November 26, 2013 | 03:08am CEToriginalLaunch of projects in a new plant, an extension of a lease in another plant, HR, clients and new contracts...
read moreFisker Automotive acquired Chinese investor
November 26, 2013 | 02:54am CEToriginalThe investor will buy the carmaker, a claim from the U.S. government and intends to resume the production. The name of the investor, the application for bankruptcy protection...
read moreFormer Renault’s top executive to be new head of PSA Peugeot Citroen
November 26, 2013 | 02:47am CEToriginalThe change in leadership was reportedly requested by Chinese partner Dongfeng Motor. In 2014, Philippe Varin will be replaced by...
read moreMaier to expand production in Czech Rep
November 24, 2013 | 11:44pm CEToriginalThe location, a new hall, timing, HR, products of the Spanish company, a new contract from a German carmaker...
read moreVit Pekny to leave Kia Motors Czech
November 24, 2013 | 10:55pm CEToriginalTiming, Kia sales results in the Czech Republic in recent years, the new head of the Czech importer of Kia, Pekny’s new position...
read moreToyota and PSA to increase production in Czech plant and take additional 600 temporary employees
November 24, 2013 | 10:44pm CEToriginalAcceleration of TPCA production line with a new generation of mini cars, return to the 2006 level, the new HR strategy, timing, wages...
read moreAuto Jarov opened second Volkswagen dealership in Prague
November 24, 2013 | 10:34pm CEToriginalParameters of the largest VW showroom in the Czech Republic, builder, express-service, website, grand opening for the customers...
read moreInvelt to expand its complex in Prague
November 22, 2013 | 01:45am CEToriginalContinued investments, reasons, timing, new showrooms for new and used cars, doubling the exhibition space...
read moreAuto Esa makes changes in external communication
November 22, 2013 | 01:28am CEToriginalMartin Dolezal resigned from the position of spokesman after two years. His successor, a new media portal, timing...
read moreDongfeng and French government are discussing investment in PSA
November 22, 2013 | 01:19am CEToriginalPlanned injection of funds and equity shares, the loss of control over the carmaker for the Peugeot family...
read moreTesla Motors is planning further plants worldwide, including Europe
November 21, 2013 | 04:09am CEToriginalConsidered locations including Central Europe and Czech Republic, the upcoming EVs (Model X, Model E), the estimated prices...
read moreVratislav Strasil to return to Czech Rep
November 21, 2013 | 03:52am CEToriginalJosef Roider will retire from Porsche Holding Salzburg after 26 years. At the same time, the management of Porsche Czech Republic will be extended. Details of changes...
read moreAutoBinck offers one Auto Palace branch in Czech Rep
November 21, 2013 | 01:16am CEToriginalSale or lease is also under consideration. Location, showrooms available, cessation of one brand dealership, negotiations...
read moreHelicar switches to CNG drive in its company cars
November 21, 2013 | 01:08am CEToriginalEconomic and environmental reasons, fleet size, brand and models...
read moreHyundai agreed with new partner on branded financing in Czech Rep – UniCredit Leasing
November 19, 2013 | 11:57pm CEToriginalThe current partner, financing of customers and dealers, 13th car brand in the portfolio of UniCredit Leasing CZ including Kia Finance...
read moreBMW Group prepared special offer for financing with advantageous insurance and Christmas voucher in Czech Rep
November 19, 2013 | 11:36pm CEToriginalPartners, content of the package BMW Insurance, rates, affected models, branded insurance also for cars purchased in cash...
read moreNissan engaged two new managers in Czech Rep, among others, Marek Safarcik
November 18, 2013 | 11:56pm CEToriginalThree personnel changes relating to fleet sales, dealer network and aftersales services. Details, rotation...
read moreTPCA strengthened recruiting capacities with two new personnel agencies
November 18, 2013 | 11:45pm CEToriginalOne of them also opened a branch office in Kolin. Their profiles and clients, starting salary and benefits at TPCA...
read moreBMW launched presale of BMW i3 and BMW i8, Invelt receiving orders in Czech Rep
November 18, 2013 | 02:08am CEToriginalThe new trading system with agents, sales plan in 2014, service centres for EVs, warranties, service contracts, financing, insurance...
read moreNexen Tire wants to double production of tires by 2018, plans to build factory in Europe
November 18, 2013 | 02:00am CEToriginalConsidered countries and locations in Central Europe, assistance of the agency CzechInvest, the investment, HR, current and projected volumes, clients...
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Czech antitrust authority imposed fine on two car dealers for cartel
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