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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
TRW began supplying for new PSA EMP2 platform
September 30, 2013 | 10:48pm CEToriginalFeatures and functions of radar AC100 24 GHz, comparison with the previous generation AC20 77GHz, the first Citroen and Peugeot models...
read moreIAC Group to make lightweight ceiling panels with higher noise reduction in car interior in Czech Rep
September 30, 2013 | 12:27am CEToriginalGrants for development and investments, capacity utilization of four Czech plants for next period, HR, products and clients...
read moreCar production in Czech Rep up by 50% y/y in August
September 29, 2013 | 09:50pm CEToriginalSkoda Auto and Tatra doubled their production, Iveco and Hyundai showed good results, too. The results of all manufacturers including TPCA and SOR, reasons, production over eight months...
read morePolish bus manufacturer Autosan declared bankruptcy
September 26, 2013 | 09:02pm CEToriginalThe company has been in losses since 2009 and can not continue to fund its restructuring. HR...
read moreSikora (CAP): Legal changes in Czech Rep to increase cost of damage liability by 20%
September 26, 2013 | 02:30am CEToriginalLoss rate of this kind of insurance in the last two years, the announced rate increase, the growth of compensation for damage to health, fixing prices for three years ahead from Generali...
read moreAuto Esa won Czech Railways tender for purchase of 200 Skoda used cars
September 25, 2013 | 08:00pm CEToriginalAccording to AAA Auto and SOVA association, they are in poor condition. Participation in auctions, comparator with expert opinions, statements of Czech Railways and independent experts...
read moreTrade unions at Skoda Auto intend to withdraw from KOVO union
September 25, 2013 | 07:29pm CEToriginalIt is the largest union in the Czech Republic. So far, it will only apply to one of the three domestic plants of the carmaker. The timing, reasons, membership fees...
read moreHyundai Motor changed head of Kia brand in Europe after two years
September 24, 2013 | 10:32pm CEToriginalByung-Tae Yea went to the headquarters of the carmaker, the new President of Kia Motors Europe has become...
read moreBeko Engineering holds series of seminars on Dassault Systemes products in Czech Rep
September 24, 2013 | 10:22pm CEToriginalThese relate to the platform V5 and the newer V6. Dates, locations, profile of the Austrian IT company with branches in the Czech Republic and Slovakia (revenues, HR, clients)...
read moreVolvo AB plans extensive cost reduction
September 24, 2013 | 10:13pm CEToriginalJob layoffs, expected annual savings, restructuring costs, profit in Q2, an increase in new orders...
read moreFord to continue to shut down production in Romania in Q4 as well
September 24, 2013 | 10:02pm CEToriginalTiming, HR, current production volume of the B-Max in the Craiova plant...
read moreAnthony Denny started new business, exporting used cars from EU to developing countries under AAA Auto brand
September 24, 2013 | 04:44am CEToriginalProfile of the new company AAA Auto.eu (owners, headquarters, website), sales for the first 6 months, target countries, services for partners including financing, the use of JATO...
read moreSkoda Auto prepares extra shift at one plant in Czech Rep
September 24, 2013 | 04:22am CEToriginalThe reasons, the affected plant and models, the date, coverage with permanent and agency employees, the pay...
read moreMinistry of the Interior plans to renew part of car fleet of police and fire-fighters in Czech Rep by 2017
September 23, 2013 | 10:57pm CEToriginalThe planned tender for cars and service, the number of vehicles and the estimated value of the contract, the tender for fuel...
read moreNew Civil Code: Insurers in Czech Rep must change all contracts, consumer to be more protected
September 23, 2013 | 10:23pm CEToriginalThe expected boom of liability insurance policies, more transparent arrangement of an insurance contract, fairer compensation for health damages, growth of rates...
read moreWestfalia to move part of production from Germany to Czech Rep
September 23, 2013 | 03:40am CEToriginalThe products concerned and plants, a Czech partner and its profile (HR, sales revenues, products, clients, investments)...
read moreStepan Rabinak left CzechInvest after three years
September 23, 2013 | 03:24am CEToriginalIn the investment and business development agency in the Czech Republic, he was in charge of the automotive and electronics industries. His successor...
read moreUniqa bought insurance stock of Direct in Czech Rep
September 19, 2013 | 11:56pm CEToriginalThe agreement has already been approved by the CNB. The process of the integration of Direct clients into Uniqa is thus ending. The number of clients who went over to Uniqa last year...
read morePrague to restore fleet of city police and municipality, councillors approved tender
September 19, 2013 | 11:38pm CEToriginalSize of the upcoming contract, types and numbers of vehicles, estimated value, deliveries within a few years...
read moreOne of Benteler Automotive’s Czech plants affected by fire
September 18, 2013 | 11:03pm CEToriginalLocation, focus and cause of the fire, the amount of damage, HR, profiles of five Czech factories and R&D centre, products and clients...
read morePSA to cut production in Slovakia again
September 18, 2013 | 10:41pm CEToriginalDates of the plant shutdowns in Trnava, production plan in 2013, a two-year wage freeze, the system of flexi accounts...
read moreAuto Palace apparently to terminate sale of some brands in Czech Rep
September 18, 2013 | 07:38am CEToriginalThis is part of extensive restructuring of AutoBinck’s activities in Central Europe. The affected brands and locations, the dealer situation in the region...
read moreNew Audi showroom to be built in Prague
September 18, 2013 | 02:13am CEToriginalAudi Terminal will be built within a larger complex. The dealer, location, date of construction, dealer situation in the Czech capital...
read moreSkoFIN changed its media agency after few years
September 17, 2013 | 03:08am CEToriginalSo far, the purchase of advertising space has been provided by MindShare. The new partner is already working for Volkswagen Group...
read moreJuricek: Brano to build second factory in Russia
September 15, 2013 | 11:50pm CEToriginalLocation, the amount of investments, HR, production start, products, clients-carmakers, production volume, production growth in China, attempt to break into South America...
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