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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
Winterkorn: Volkswagen considering reducing temporary staff in Europe
April 29, 2013 | 05:28am CEToriginalHowever, the carmaker does not plan any factory closures or layoffs of permanent staff. A steep expansion in China...
read moreCourt rejected unions’ efforts to stop redundancies in PSA
April 29, 2013 | 05:18am CEToriginalThe court’s decision has thus cleared the way for the start of restructuring. The financial results in Q1, negotiations on further reduction of personnel costs...
read moreKOH-I-NOOR Ponas prepares production in Bulgaria
April 25, 2013 | 11:49pm CEToriginalLocation, amount of investment, transfer of technologies from the Czech Republic, HR, capacity, clients from Southeast Europe...
read moreSkoda Auto expanded Parts Centre with high-rack warehouse
April 25, 2013 | 10:41pm CEToriginalThe amount of investments, supplies for Volkswagen Group brands, stackers 42 meters high, a supplier of storage solutions...
read moreBrano received new orders for Nissan, Jaguar, Fiat and Alfa Romeo cars
April 25, 2013 | 06:35am CEToriginalProduction in the Czech Republic and Russia, transfers of production, the possibility of expanding cooperation with Lear, prepared collaboration with JTEKT...
read moreStarlife to renew part of its fleet with new brand – Peugeot
April 25, 2013 | 06:25am CEToriginalModels and number, form and length of financing, supplier, collaboration of Peugeot and Starlife within two charitable projects, the total fleet size, brands and models...
read morePorsche SE intends to invest in companies developing automotive technologies
April 25, 2013 | 05:56am CEToriginalThe steep increase in profits in 2012 due to the sale of stake in Porsche AG, the outlook for 2013, ongoing claims concerning the alleged misleading of investors...
read moreHyundai Dymos wants to supply also other carmakers in Europe than Hyundai-Kia
April 23, 2013 | 11:44pm CEToriginalThese include some German or Polish car manufacturers. Profile of the Czech plant in Nosovice, the current contracts...
read moreGorin: Peugeot wants to increase its market share to 5% in Czech Rep in 2013
April 23, 2013 | 12:26am CEToriginalSuccessful March and Q1, results in B2B sales, new models, opening of additional Blue Boxes, sales of used cars, Hybrid Air technology...
read moreOtsuka Brano acquired new client – Nissan
April 23, 2013 | 12:18am CEToriginalFour new contracts from Suzuki and Nissan for upcoming models, products, timing, new production technologies installed in Olomouc...
read moreSkoda Auto put new logistics centre in Mlada Boleslav into full operation
April 23, 2013 | 12:04am CEToriginalParameters of the U6 hall, direct delivery of components to the M13 assembly hall, automation and optimization of logistics, the possibility of expansion thanks to the modularity...
read moreHurt: Skoda to focus on RIC countries by 2018, also wants to grow in Europe
April 22, 2013 | 12:29am CEToriginalPlans for individual regions, new emerging markets south of Europe, import of the Yeti and the Superb Combi to China, the first Skoda station wagon in the Chinese market...
read moreContinental to build another plant in Russia
April 22, 2013 | 12:05am CEToriginalLocation, investment amount of the Powertrain Division, products, production volumes, HR, timing, other investments of other two divisions...
read moreRene Matera and Jaroslav Strnad dominated Tatra, transaction allowed by antitrust authority
April 21, 2013 | 11:43pm CEToriginalThe company is going to remain under Ronald Adams’s management for the necessary time. The aims of the entrepreneurs...
read moreToyota Motor to produce Lexus cars in USA
April 21, 2013 | 11:32pm CEToriginalThe reason is the negative impact of foreign exchange rates. Location, investment amount, HR, timing, the first model...
read moreGM to build four new factories in China by 2016, considering car export to the U.S.
April 21, 2013 | 11:25pm CEToriginalThe amount of investments, capacity increase to 5 million cars a year, growth in exports from China...
read moreIntertax Expert began offering product Mobility24, alternative to full-service leasing
April 19, 2013 | 03:09am CEToriginalThe new company of the former head of EurotaxGlass’s in the Czech Republic; products and services; partners of AuDaCon, Agip, Elit or Europ Assistance...
read moreAuto Eder moved Toyota dealership in Karlovy Vary
April 19, 2013 | 02:57am CEToriginalParameters of the new showroom, geometry quick check, the first Toyota dealer with charging station in the Czech Republic, sales performance in 2012 and outlook...
read moreCar production in Czech Rep decreased by 18.1% in Q1
April 19, 2013 | 02:53am CEToriginalSkoda Auto saw a drop of 20.2%, Hyundai Motor 8.6% and TPCA 23.7%. Reasons, production of trucks (Tatra, Avia) and buses...
read moreClio Days: Renault holds open days in Czech Rep until end of April
April 19, 2013 | 02:48am CEToriginalDiscounted air-conditioning cleaning, discounted accessories packages, maintenance costs, financing, cooperation with Czech Miss...
read moreGM to invest EUR 4 billion in Europe by 2016
April 19, 2013 | 02:32am CEToriginalThe money will help Opel to increase its market share and to finance the development of new models and engines. Development plan Opel Drive 2022...
read moreBMW to assemble Mini cars also outside Europe – in India
April 17, 2013 | 11:46pm CEToriginalThe reason is high import duties and maybe the capacity release at a contract manufacturer Magna Steyr. Timing, the first year of the brand in the Indian market...
read moreGM approved termination of Opel car production in Bochum
April 17, 2013 | 11:25pm CEToriginalThis happened after most employees refused the restructuring plan. Timing, HR, GM Europe at a loss for 13 years...
read moreFive German companies seeking to enter Czech e-mobility and fuel cell market
April 17, 2013 | 02:18am CEToriginalThe companies and their products/services, demanded partners from both production and sales, the possibility of meeting at a conference in Prague...
read moreBrano returned to direct suppliers of Volkswagen Group, including Skoda Auto
April 17, 2013 | 12:42am CEToriginalLost orders in recent years; the goal to focus, apart from Volkswagen, also on General Motors; GM's successful audit...
read more
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