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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
Opel LCV Restart: Opel wants to increase sales of commercial vehicles in Czech Rep and Slovakia
June 17, 2013 | 06:29am CEToriginalCertification of local conversion firms, professional CV Specialista centres, service contracts, Wurth accessories, Movano 4x4, campaign, roadshow, fleet, sales plan...
read moreCar production in Czech Rep fell by 6% in May, by 14.5% over five months
June 17, 2013 | 12:30am CEToriginalThe decline was recorded by Skoda, Hyundai and TPCA. Avia produced a few trucks only, production of Tatra increased. Production of buses declined slightly...
read moreAshok Leyland reportedly to stop selling Avia trucks in Europe
June 14, 2013 | 04:20am CEToriginalThe vehicles produced in India should be exported to almost all over the world but not the EU. Sale of the Czech plant...
read moreDefend Group separated Insurance Division and found two partners for cooperation
June 14, 2013 | 04:13am CEToriginalProducts of the Defend Insurance Group Division, partners for the Czech Republic and Slovakia, new extended warranties for new cars...
read moreOpel to assemble Corsa cars in Belarus
June 13, 2013 | 11:35pm CEToriginalLocation, partner, timing, mode of assembly, import of sets from Western Europe, annual production, markets of sale...
read moreIsuzu Trucks has new importers in Czech Rep and Slovakia
June 13, 2013 | 12:44am CEToriginalThe original distributor and seller of Isuzu trucks in Central Europe failed, subsidiary companies are in liquidation. Details...
read moreOlfin Car left another city in Czech Rep
June 13, 2013 | 12:27am CEToriginalCurrently, Olfin Car has been operating only in three cities in eastern Bohemia. Location, dealerships of two brands, the new operator...
read moreGreat Wall to enter Central Europe, established importer for Czech Rep and Slovakia
June 12, 2013 | 12:24am CEToriginalPartner, models, LPG drive, web, warranty, participation in trade fairs, situation in Europe, upcoming models and prices...
read moreVolkswagen introduced e-mobility strategy until 2015
June 12, 2013 | 12:14am CEToriginalEVs and plug-in HEVs (e-Up, e-Golf, Golf Twin Drive, Passat B8 Twin Drive), timing, prices, two dealers in the Czech Republic, Mobile Online Service application...
read moreHLS Engineering wants to expand its design office in Czech Rep
June 11, 2013 | 01:07am CEToriginalIt is located in Mlada Boleslav and works mainly for German carmakers. The plan until 2014, clients and projects...
read moresAutoleasing chose second partner for insurance of financed cars in Czech Rep
June 11, 2013 | 12:58am CEToriginalClients can now choose from two insurance companies when arranging a loan for a car – Kooperativa and Allianz. Parameters of the Allianz insurance...
read moreAuto In further expanded its Ford dealership group
June 11, 2013 | 12:13am CEToriginalIt currently includes 11 sites, when the first partner in Moravia joined the group recently. The dealer’s profile, sales in 2012...
read moreGE Money Auto offers discounted Construct mechanical security of gearshifts to loan in Czech Rep
June 10, 2013 | 11:54pm CEToriginalPrice of the security equipment can be included in the total loan amount. The decline in car thefts in the country, the amount of discount...
read moreAuto Podbabska modernized Volkswagen dealership in Prague
June 10, 2013 | 02:23am CEToriginalThe fourth showroom according to the modular concept in the Czech Republic, the incorporation of the new building to the existing complex with Skoda dealership, showroom parameters...
read moreChina reportedly considering imposing duties on luxury cars from EU
June 10, 2013 | 02:12am CEToriginalIt would particularly affect the German carmakers Mercedes-Benz and BMW. Countermeasures for duties on solar panels...
read moreMercedes-Benz prepares dealership in another city in Czech Rep
June 7, 2013 | 12:58am CEToriginalThe investment will be implemented by one existing dealer. Location, partner, project financing, dealer situation in the region...
read moreFloods in Czech Rep: TPCA to lend five cars with fuel, announced fundraiser, gave employees paid time off
June 6, 2013 | 11:44pm CEToriginalThe affected models, lease time, the use of cars in Kolin and by humanitarian organization People in Need, a gift to the city...
read moreFloods in Czech Rep: Hyundai to lend Prague five cars
June 6, 2013 | 11:32pm CEToriginalThe affected models, time and place of handover, use of the vehicles, lease duration...
read moreSales of new cars in Czech Rep fell by 7.2% in May
June 5, 2013 | 11:37pm CEToriginalThe decline was tempered by Seat, Dacia, Toyota and Hyundai brands. Strong growth in LCV segment thanks to one large fleet, PwC’s comment and outlook...
read moreFloods in Czech Rep: Porsche to cut production in Germany
June 5, 2013 | 11:26pm CEToriginalThis is caused by complications in logistics. The affected plants and models, cancellation of shifts, compensation in the form of additional shifts...
read moreUFI Filters to build plant in Czech Rep, in second country in Europe
June 5, 2013 | 03:40am CEToriginalLocation, developer, size of the hall, the products of the Italian company, production volume, HR, clients in the world and the Czech Republic...
read moreAuto Palace is making major changes in its car centres in Czech Rep
June 5, 2013 | 03:31am CEToriginalThe company ended the sale of some brands in several branches. The locations and brands concerned, available showrooms...
read moreShopStream sold Czech portal Autonabidka.cz to its partner
June 5, 2013 | 12:31am CEToriginalThis broker for the sale of new cars from dealers in the Czech Republic got into a portfolio of a large Internet group...
read moreSOS Assist ceased operation when losing key client
June 5, 2013 | 12:15am CEToriginalThe company had two divisions – helpdesk and insurance broker. Former partners, a hotline for motorists...
read moreTower International opened plant in Czech Republic, wants to expand it immediately
June 4, 2013 | 12:59am CEToriginalLocation, developer, capacity increases of Tower Automotive, new lines, HR, products, clients, global profile of the U.S. company...
read more
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