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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
Porsche began offering branded financing in Czech Rep
October 21, 2013 | 11:39pm CEToriginalThe products offered within Porsche Finance, parameters and interest, partner, basic and additional insurance...
read moreUnions: Skoda Auto increases production of all models, engines and transmissions in Czech Rep
October 21, 2013 | 12:53am CEToriginalThe return to two-shift production of the Roomster, other extra shifts for the Octavia, the situation of other models and aggregates...
read moreJan Barta moved to another position within SPGroup
October 21, 2013 | 12:43am CEToriginalJosef Moravec became the new sales director of the oldest Czech insurance company Slavia. His previous job, the new position of Barta...
read moreCharouz: Tyden.cz article is false, was made to order
October 20, 2013 | 11:55pm CEToriginalAccording to Charouz, author of the article wrongly uses the terms ‘debt’ and ‘obligation’. The group’s obligations with banks have declined y/y by...
read moreCar production in Czech Rep rose by 5.3% y/y in September
October 20, 2013 | 11:44pm CEToriginalSkoda Auto, Hyundai, Tatra and Iveco increased production by more than 10%. The results of all manufacturers including TPCA and SOR, production in Q3 and Q1-3, the outlook of PwC for 2013 and 2014...
read moreRadim Valas left Tatra Trucks
October 20, 2013 | 08:33pm CEToriginalRadek Strouhal, who left his post at Promet Group, became the new CFO at Tatra Trucks. Details and reasons for the changes...
read moreCredit Agricole Consumer Finance to leave some Central European countries
October 17, 2013 | 11:33pm CEToriginalThe affected states, including the Czech Republic, reasons, Credium business and financial results, HR, cooperation on brand financing, sale of receivables...
read moreAntonin Charouz apparently looks for money to refinance debts, stops other assets
October 17, 2013 | 10:20pm CEToriginalThe entrepreneur has not confirmed that. Alleged creditors and the amount of debt, offered real estates, the sale of the group headquarters...
read moreJaguar Land Rover opened Europe's first dealership under new concept
October 17, 2013 | 08:46pm CEToriginalCountry and city, dealer, showroom and service centre parameters, the amount of investment...
read moreKasko expanded production capacity and tool shop in Czech Rep
October 17, 2013 | 08:35pm CEToriginalLocation, new presses, painted plastics, revenue growth in 2012, HR, clients (carmakers, Tier 1 and Tier 2 suppliers)...
read moreArval leased additional 200 vehicles to Czech Post
October 17, 2013 | 08:25pm CEToriginalAll the vans will be operated by full-service leasing. Models and figures, the fleet of CNG vehicles...
read moreSkoda Auto plans other extra shifts in Czech Rep
October 17, 2013 | 12:20am CEToriginalThe reason for this is the increased demand for the Octavia and underestimated demand for the Roomster. Price reduction and the subsequent price increase of this small MPV...
read moreConference on automotive industry in Czech Rep and Central Europe to take place in Brno
October 16, 2013 | 11:53pm CEToriginalContract meetings with Austrian firms, speakers from ACEA, Skoda, PSA, TPCA, Hyundai, Iveco, KPMG, Roland Berger, Brano, 3M or CTP...
read moreSnoeks Automotive to resume production in Czech Rep
October 16, 2013 | 12:06am CEToriginalThe original location of the factory, distribution centre, location and size of the new plant, HR, timing, products for vans...
read moreCetelem began to finance car repairs in cooperation with automakers in Czech Rep
October 15, 2013 | 11:43pm CEToriginalFirst cooperation with PSA, the experience with Cetelem Auto financing, a six-month credit to repair Peugeot cars without increase...
read moreDekom System became Land Rover dealer, seventh in Czech Rep
October 15, 2013 | 11:29pm CEToriginalThe company has thus expanded its portfolio with the second brand and acquired a new investor. Location and history of the Land Rover showroom, website, sales plans...
read moreBMW removed license from two dealers in Czech Rep
October 14, 2013 | 11:30pm CEToriginalOne of them yet invested in the construction of an entirely new BMW showroom. New showrooms, modernization of existing dealerships, the concerned companies...
read moreCzech Post to accelerate fleet renewal, to announce tender for 1,800 vehicles
October 14, 2013 | 11:16pm CEToriginalDemanded cars and vans, funding by operational lease, construction of CNG filling stations, reducing the number of its own service centres, selling used cars in auction...
read moreDongfeng and French government could enter into PSA
October 14, 2013 | 11:08pm CEToriginalThe considered amount of the bailout and equity shares, expanding partnership of PSA and Dongfeng outside China, PSA board meeting...
read moreJohnson Controls to build new plant in Czech Rep
October 14, 2013 | 05:20am CEToriginalIt will be built within one industrial zone - CTPark, which CTP Invest will more than double by 2018. Location, HR, production start, products, clients...
read moreGlobal Safety Textiles to cease production in Czech Rep, on second attempt
October 14, 2013 | 12:41am CEToriginalThe last Czech customer gave it the okay. Moving production of airbags to Eastern Europe, orders, timing, HR, GST’s new owner from South Korea...
read moreGermany wants to mitigate EU proposal to reduce CO2 emissions
October 13, 2013 | 10:54pm CEToriginalIt has got support from the countries where German carmakers have big plants, including the Czech Republic and Slovakia. Details of Germany’s proposal, the next EC meeting...
read moreBrembo to expand its plant in Czech Rep
October 11, 2013 | 01:16am CEToriginalLocation, the current and future size of production area, investment amount, timing, HR, clients, factory turnover...
read moreRenault chose new head of Dacia in Czech Rep
October 11, 2013 | 12:31am CEToriginalHe replaced Zbysek Jordak, who left the company. The Dacia brand manager at Renault Czech Republic became...
read moreAuto Esa entered third city in Czech Rep
October 10, 2013 | 10:19pm CEToriginalThe second used car shop outside Prague was opened in Brno. Location, certification by TUV Nord, another branch prepared by the end of 2013...
read more
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