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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
Sikora (CAP): Damage liability to become several times more expensive in Czech Rep in 2013
March 20, 2013 | 12:58am CEToriginalThe first price increase at the beginning of the year, two more increases, relation to payments to emergency workers, the system where insurers obligatorily do loss business…
read moreCzech Railways chose LeasePlan for car fleet renewal
March 19, 2013 | 05:27am CEToriginalNumbers and models of vehicles, switching to an operating lease, the length and value of the contract, reduction of the fleet, reduced costs…
read moreUH Car moved Citroen dealership in Uherske Hradiste, simultaneously expanded portfolio with Suzuki brand
March 19, 2013 | 05:20am CEToriginalLocation and history of the building, size of the new premises, Dethleffs camper vans, second Suzuki dealer in the Zlin Region...
read morePSA Peugeot Citroen received approval from unions for restructuring
March 19, 2013 | 05:07am CEToriginalDismissals of thousands of employees, closing a factory in Aulnay, protests of CGT union and the French factory workers...
read moreVolvo AB to merge Volvo Trucks and Renault Trucks dealerships in some European countries by 2014
March 18, 2013 | 04:09am CEToriginalThe countries concerned, merging of national representations, separated sales teams, the new headquarters for CEE, dealer situation and the head in the Czech Republic...
read moreCzech Post: ALD Automotive and CSOB Leasing succeeded in tenders for 544 vans with Fiat and VW vehicles
March 18, 2013 | 03:38am CEToriginalModels and numbers, the value of the contract, five new tenders for CZK 420 million, slowing the conversion to CNG, vans for delivery of white goods...
read moreTatra dominated by unknown investors, these might be Jaroslav Strnad and Rene Matera
March 18, 2013 | 03:33am CEToriginalThe transaction is arranged and financed by J&T. The result of the auction, Composite Com as the largest creditor, purchase of the debt from CSOB, operational funding and new management at Tatra...
read moreGM considers production shift of some Opel models from South Korea to Europe
March 18, 2013 | 03:28am CEToriginalUnderutilized Opel plants might also produce Chevrolet cars for the European market. The affected models, timing...
read moreDeutsche Bank offered 5.8 million preferred shares of Volkswagen on stock exchange
March 18, 2013 | 12:05am CEToriginalThese are shares of a client, evidently Qatar. Size of the share and the value of the shares, reaction of the stock exchange to the report...
read moreHyundai wants to strengthen sale of used cars and increase number of dealerships in Czech Rep
March 15, 2013 | 02:31am CEToriginalParameters of the i-Best program, involvement of dealers, current offer, microsite, dealer network development...
read moreToyota wants to expand dealer network in Czech Rep
March 15, 2013 | 02:24am CEToriginalThe company aims to achieve a target state of 30 sales points through its existing partners. Free locations...
read moreSkoda Auto's revenues increased by 1.7% to record CZK 260 billion in 2012, operating profit fell by 4.1%
March 15, 2013 | 02:17am CEToriginalThe drop in profit is caused by record investments, a shift of product mix and increased marketing expenses. The production of each model...
read moreCourt rejected proposal for Tatra bankruptcy, auction may be held
March 15, 2013 | 02:08am CEToriginalPrevention from further insolvency proposals by depositing financial means into judicial custody, two to four applicants for Tatra...
read moreRenault signed agreement on cost reduction with trade unions in France
March 14, 2013 | 11:05pm CEToriginalExtension of working time, temporary wage freeze, 7,500 jobs cancelled, factories not to be closed, the growth of domestic production by one third...
read moreTatra faces distraint in addition to insolvency proceedings, that is reportedly to delay auction on purpose
March 13, 2013 | 10:44pm CEToriginalThe reason for the distraint is allegedly Czech company Promet Group, too. Parameters and doubts of the proposal, dependance on the court decision...
read moreMartina Bedrnova remains marketing director of Citroen in Czech Rep
March 13, 2013 | 10:30pm CEToriginalLenka Martinova, who returns from maternity leave, will assume the position of PR manager. Katerina Juranova…
read moreSkoda Auto made agreement on employment with trade unions in Czech Rep
March 13, 2013 | 10:13pm CEToriginalA variable bonus of CZK 20,000, the on-going negotiations on wage growth and the form of flexible accounts...
read moreZF Friedrichshafen wants to expand one of its plants in Czech Rep
March 13, 2013 | 12:01am CEToriginalLocation; a new hall; products; HR; planned development of the plant; production, development and sales activities in the Czech Republic; clients...
read moreUAMK agreed to cooperate with Eni in Czech Rep
March 12, 2013 | 11:26pm CEToriginalThe amount of discount on fuel in the Agip network for new customers of UAMK, the average annual savings, number of members of the You&Eni loyalty program...
read moreAutomotive Lighting to insource part of production in Czech Rep, to install another paint shop in one plant
March 12, 2013 | 02:53am CEToriginalThe investment is related to the increase in production of automotive lights. Location, capacity, timing, HR...
read moreSkoFIN reduced the number of suppliers of tires and tire services to two
March 12, 2013 | 02:46am CEToriginalNetworks of fast service shops of Continental and Goodyear succeeded in the tender. Reduction of operating lease payments, BestDrive and 4Fleet branches...
read moreTrigema to build second rental R&D centre in Prague
March 12, 2013 | 02:38am CEToriginalFocus of the Science Park Roztoky, the timing of construction, technology, space for rent, HR, subsidies, tenants of VTP Roztoky...
read moreKarlovy Vary Region switches to operating lease, CSOB Leasing with Hyundai cars succeeded in first tender
March 12, 2013 | 02:33am CEToriginalModels and numbers of cars, rental period, the value of the contract, instalments, savings compared to ownership, fleet size of the region...
read moreOne of Ronal’s Czech factories hit by fire
March 12, 2013 | 02:23am CEToriginalLocation, focus and cause of the fire, the amount of damage, limitation of production of alloy wheels, alternative supply system within the Ronal group, clients...
read moreSkoda Auto stopped production in Kvasiny for five days
March 12, 2013 | 02:18am CEToriginalIt is a planned step during the spring break. A change in technologies in connection with a facelift of the Superb and the Yeti, a number of non-produced cars...
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