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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
Hyundai Motor Group wants to expand further in production of automotive components
April 16, 2013 | 12:19am CEToriginalMastering the production chain, the share of supplies from its own companies for the plant in the Czech Republic, other possibilities of replacing suppliers…
read moreVysek: Jaguar Land Rover wants to grow further in Czech Rep in 2013, despite decline in premium segment
April 16, 2013 | 12:04am CEToriginalSales in Q1, the plan for 2013, new models, demand for the new Range Rover, promotions, a new service partner, personnel strengthening of the importer, fleet...
read moreJames Muir to leave post of Seat head
April 15, 2013 | 11:27pm CEToriginalJurgen Stackmann, who previously worked at Skoda Auto, becomes the new CEO of the unprofitable carmaker. Muir’s new job...
read moreCzech Leasing and Financial Association to be led by Jirina Tapsikova of SkoFIN for two more years
April 15, 2013 | 11:10pm CEToriginalJiri Matula of UniCredit Leasing has returned to the Board after a three-year break. Members have been expanded with Bibby Financial Services...
read moreSchaeffler wants to lay off hundreds of employees in Germany
April 15, 2013 | 12:13am CEToriginalThe affected plant and its products, the number of jobs at risk, negotiations with unions...
read moreHunday Motor not to expand its plant in Czech Rep by 2018
April 15, 2013 | 12:03am CEToriginalThe reason is the decline in European market and the need to export cars from Nosovice outside Europe. Partial substitution of Korean factories...
read moreTomas Kotera moved within Skoda Auto from Czech Rep abroad
April 14, 2013 | 11:55pm CEToriginalHe worked at the Czech carmaker’s headquarters in the communications department for many years. A new location and position, the current team of the communications department...
read moreTPCA and unions agreed on wage growth of 1.9%
April 14, 2013 | 11:45pm CEToriginalWith regular bonuses for production workers it means wage increases by CZK 490. Regulated and optional vacation, bonus for every 5 years at the company...
read moreProsecutor filed petition against Tatra chief Ronald Adams
April 14, 2013 | 11:33pm CEToriginalAdams is suspected of offering a bribe of CZK 20 million in negotiations for the supply of off-road vehicles to the Czech army. The affected court...
read moreContinental to invest EUR 250 million in Slovakia
April 11, 2013 | 12:33am CEToriginalFor this investment the company considered the Czech Republic or Poland as well. Location, government support, HR, timing, products, growth in production...
read moreBlata to build second plant in Czech Rep, company won huge contract in UK
April 11, 2013 | 12:24am CEToriginalLength of the contract, products, volumes, location of the new premises, HR, timing, contract for electric tricycles to the Netherlands...
read moreO.K. Trans and Fliegl developed new way to transport tires
April 11, 2013 | 12:06am CEToriginalThe first DAF trucks in operation, details of the system, higher safety, certification by Dekra, clients-tire manufacturers...
read moreEmployees of GM plant in Spain agreed to freeze wages by 2014
April 10, 2013 | 11:56pm CEToriginalProtecting jobs at a factory in Zaragoza, the influx of new Opel models, increasing unemployment in the country...
read moreJaroslav Strnad and Rene Matera to acquire Tatra, transaction has yet to be allowed by antitrust authority
April 10, 2013 | 12:31am CEToriginalThis Tatra’s creditors want to enter the truck maker by capitalizing the remaining claims. Management of Tatra Trucks/Truck Development...
read moreAllianz and Ford established cooperation to combat poor quality repairers in Czech Rep
April 8, 2013 | 11:40pm CEToriginalStepping up the quality of repairs after an accident, repairs at authorized garages or unbranded certified repair shops, the battle with crash hunters...
read moreFisker to lay off 75% of employees, considers bankruptcy
April 7, 2013 | 11:49pm CEToriginalHired law firm, elaboration of the request for court protection from creditors, selling out assets of the company, negotiations on repayments of a government loan...
read moreInsurance company Slavia changed PR agency and spokesperson
April 5, 2013 | 04:48am CEToriginalNew partner and spokesperson, 145th anniversary of the company establishment, results in damage liability in 2012 and the outlook for 2013, new insurance against collision with animals....
read moreSkoFIN launched campaign for best financing offer guarantee
April 4, 2013 | 01:13am CEToriginalDetails of the campaign (agencies, length, value of the contract, advertising), microsite with a calculator, fleet services communication...
read moreAAA Auto to buy out own shares for CZK 23.30/piece
April 4, 2013 | 01:06am CEToriginalAccording to experts, this price is very low and does not match the current condition of the company. Comments, timing of the redemption...
read moreDozens of companies from Czech Rep supply parts for new Volkswagen Golf
April 4, 2013 | 01:01am CEToriginalThese are 3M, Benteler, Brano, Brisk, Continental, Denso, Fehrer, HP Pelzer, Inteva, Kolbenschmidt, Magna, Mann+Hummel, Monroe, SaarGummi, TRW or Witte...
read moreDenso expanded R&D centre in Czech Rep, second largest in Europe
April 3, 2013 | 01:20am CEToriginalTest centre with two laboratories, new orders for platforms Volkswagen MQB, BMW UKL, Ford CD4, Suzuki...
read moreOne of Valeo’s plants in Czech Rep hit by fire
April 3, 2013 | 12:49am CEToriginalLocation, focus and cause of the fire, the extent of damage, HR, profiles of three Czech plants and an R&D centre, products and clients...
read moreChevrolet exchanged head for CEE after six months
April 3, 2013 | 12:42am CEToriginalJoao Falcao Neves moved within GM to Portugal; Georges Megyeri was promoted in Chevrolet CEE. European premiere of the small SUV Trax in Croatia...
read moreManufacturer of automotive filters to invest in Czech Rep
April 2, 2013 | 01:21am CEToriginalThe company will lease a production facility from CTP Invest. Location, investor’s profile, production volume, HR, supplies for OEM and the aftermarket...
read moreOperator of Czech portal Automotomat.cz entered German market
April 2, 2013 | 01:00am CEToriginalProfile and business model of NetAutos, its branch, HR, partners, focus on Skoda and Volkswagen brands...
read more
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