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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
Ceska sporitelna to cancel 600 jobs, aiming to save CZK 1 billion
March 10, 2013 | 11:54pm CEToriginalLayoffs will cover all positions and the whole group, including the leasing company sAutoleasing...
read moreVolkswagen seems to cease production of Seat Exeo
March 10, 2013 | 11:47pm CEToriginalDemand in recent months, the plant and the line concerned, timing of the end of production, successor, the economics of production...
read moreCepro insourced fuel road transport
March 10, 2013 | 11:40pm CEToriginalThe shift from the external shipping company to leased trailers with their own tanks, the use for its own needs as well as external use, the value of the contract...
read moreEC approved joint venture of Volkswagen and Allianz
March 10, 2013 | 11:33pm CEToriginalVolkswagen Autoversicherung will offer branded automobile insurance. Timing...
read moreUniCredit to merge leasing companies in Czech Rep and Slovakia
March 8, 2013 | 04:34am CEToriginalTherefore, it will be another synergistic step after the integration of banks in both markets. Chief Integration Officer at UniCredit Leasing CZ became...
read moreESSA wants to expand its plant in Czech Rep, only one in CEE
March 8, 2013 | 04:26am CEToriginalLocation, scale of investment, resistance from local residents, HR, clients and orders...
read moreTatra being reportedly long tunnelled by one shareholder, thus ended in execution
March 8, 2013 | 04:19am CEToriginalSuspicion of committing three offenses, disadvantageous sales of Tatra trucks through an intermediary, the police steps, shareholders including KBC...
read moreUnions supported Renault’s new employment contract
March 8, 2013 | 04:11am CEToriginalThis opens up scope for production increase in domestic factories. Wage proposal for the years 2013-2015...
read moreMann+Hummel to invest in another location in Czech Rep
March 7, 2013 | 01:14am CEToriginalLocation, new production and storage hall, products, timing, projection company...
read moreJiri Matula returned to Czech Rep, to lead UniCredit Leasing again
March 7, 2013 | 12:59am CEToriginalJaroslav Jaromersky will move to the post of Commercial Director. Extension of the Board of UniCredit Leasing CZ with two members...
read moreJaguar Land Rover to increase investment in engine production in UK
March 7, 2013 | 12:51am CEToriginalLocation, increased investment by EUR 180 million, 700 new jobs, nine-speed automatic transmission by ZF in the model...
read moreBrano acquired contract for Skoda Superb III
March 6, 2013 | 12:43am CEToriginalThe affected component, the responsible plant, timing, an annual output...
read moreRoland Berger: Automotive suppliers in Western Europe might cancel 10% of jobs by 2016
March 6, 2013 | 12:10am CEToriginalAt the same time, excess production capacity will grow, according to the study. Reasons, the current unused capacities...
read moreVolkswagen prepares large expansion with CNG drive
March 4, 2013 | 11:33pm CEToriginalThe VW, Skoda, Seat and Audi models concerned; the Skoda Citigo CNG in Motor Jikov/E.ON package; production of syngas Audi e-gas in Germany...
read morePrague wants to renew fleets of police and municipality, councillors have not approved tender
March 4, 2013 | 10:55pm CEToriginalSize of the planned order, the current fleet of cars and vans of the municipal police comprising 10 brands, including two bankrupt...
read moreGumotex won contract for new Lamborghini model
March 4, 2013 | 03:26am CEToriginalDeveloped product, concerned model, timing, extending activities for the Volkswagen Group...
read moreHonda wants to strengthen dealer network in two locations in Czech Rep
March 4, 2013 | 03:23am CEToriginalWhile there is no dealership in one city concerned, another dealership would be added in the second one. Dealer situation in the country, candidates...
read morePeugeot divided marketing department in Czech Rep, appointed product and communications directors
March 4, 2013 | 03:17am CEToriginalProfile of Peugeot Czech Republic after the creation of PSA’s Central European headquarters, promotion of two managers, a new job of David Gendry…
read moreSkoda Auto launched Rapid production in China and Ukraine
March 4, 2013 | 03:11am CEToriginalWhile in China it is local production at Volkswagen’s plant, there is assembly at a partner under way in Solomonovo. Sales on the Ukrainian market...
read morePSA Peugeot Citroen wants to manufacture commercial vehicles in Russia, negotiating with ZIL
March 4, 2013 | 03:06am CEToriginalLocation, negotiations of ZIL with other carmakers, the size of the Russian LCV market, the second plant of PSA in Russia...
read moreOpel agreed with unions in Germany on restructuring activities
March 4, 2013 | 02:59am CEToriginalThe plan for the plant in Bochum in 2013-2016, the transition from production of cars to components, HR, program for voluntary departure...
read moreSuzuki started to offer branded car insurance in Czech Rep, Uniqa became partner
February 28, 2013 | 11:55pm CEToriginalFor Uniqa it is the third branded insurance co-operation after Mercedes-Benz Car Insurance and Hyundai Insurance. Scope of package coverage, a substitute car for free...
read moreGerman authorities suspect three steel firms of unfair competition, including ThyssenKrupp
February 28, 2013 | 11:49pm CEToriginalRaids of the antitrust authority in the subsidiary company, contracts on steel supplies for the automotive industry in Germany...
read morePrague public transport company entered into new insurance contract, tender won by consortium
February 28, 2013 | 11:44pm CEToriginalSubjects of the insurance including vehicles, the length and value of the contract, savings, VIG-Generali consortium with one Czech broker...
read moreVolkswagen to change production management system, implementation to be performed by Capgemini
February 28, 2013 | 12:40am CEToriginalCzech team in Mlada Boleslav, implementation in the Volkswagen Group factories of VW, Audi and Skoda in Germany and Central Europe, other clients...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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