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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
EC provisionally approved help to credit division of PSA Peugeot Citroen
February 17, 2013 | 11:47pm CEToriginalThe commission will make the final decision on the legality of subsidy after France submits a restructuring plan of Banque PSA Finance...
read moreAnthony Denny to withdraw shares of AAA Auto from stock exchange
February 15, 2013 | 02:00am CEToriginalDenny has recently suspended the process of selling his stake; however, the company is reportedly still for sale. Plan to increase the value of the company five times...
read moreSkoda Auto plans sales growth in 2013, perhaps surpassing 1 million
February 15, 2013 | 01:52am CEToriginalThe reason is the expected double-digit growth in production of the best-selling model of the Octavia. Sales plans and expectations...
read moreCzech plant of Denso hit by fire, production not endanger
February 15, 2013 | 01:44am CEToriginalPlace of the fire in Liberec factory, number of evacuated employees, two injured, the extent of damage...
read moreEuropean car and component manufacturers welcome EU-US plan on free trade zone
February 15, 2013 | 01:35am CEToriginalThe vision of involved parties, benefits, timing of meetings, contribution to GDP, the expression of ACEA, CLEPA and VDA...
read moreBenet Automotive wants to produce cars
February 14, 2013 | 02:21am CEToriginalOher Czech automaker, timing, considered segments, production volume, first concept cars of BT Etape a BT Cross Coupe, development in own R&D centre...
read moreSkoda Auto expected sales decline in H1, recovery should come in H2
February 14, 2013 | 02:08am CEToriginalThe reason is that a number of key models will undergo generational replacement or facelift. A slump in January by 7.8%, eight new products in 2013...
read moreGermany investigate entire former supervisory board of Porsche SE
February 14, 2013 | 12:09am CEToriginalInvestigation on the deception of investors in the planned Volkswagen take-over has thus been extended to some members of the Porsche and Piech families...
read moreVolkswagen considers producing Skoda commercial vehicles
February 13, 2013 | 03:02am CEToriginalFor the Czech carmaker it would mean further strengthening in fleet sales. Possible group synergies, fleet program...
read moreBenet Automotive to build new R&D centre in Czech Rep
February 13, 2013 | 02:51am CEToriginalLocation, details of investment, HR, results in 2012, Benet Group new companies, clients, new orders from Skoda Auto and Audi...
read moreNeuman: Citroen wants to increase its market share to 4% in Czech Rep in 2013
February 13, 2013 | 02:45am CEToriginalResults in January, the best month during the recession, success factors, a new dealer in Bohemia and modernization of the dealership in Moravia...
read moreKYB to build its second plant in Czech Rep in different location
February 13, 2013 | 02:35am CEToriginalIn addition, it will be a JV with a Japanese partner. Location and parameters of the plant, construction in two phases, the amount of investment, HR, customers...
read moreEC: Current system of car consumption measurement overvalues reality, new one to be introduced in 2016
February 13, 2013 | 02:13am CEToriginalCars sold in Europe have, according to a study, higher fuel consumption and CO2 emissions than what manufacturers state. Influences not taken into account...
read moreSkoda Auto introduced new logistics concept with external interim storage facility in Czech Rep
February 12, 2013 | 01:15am CEToriginalLogistics and IT partner, affected plants and models, suppliers and their components, the timing of implementation...
read morePSA Peugeot Citroen to limit production in Slovakia in March as well
February 12, 2013 | 12:43am CEToriginalShutdowns in the Trnava plant will be in the same range as in February. Reduced salary during shutdowns, details...
read moreEP approved the milder of proposals to reduce noise from car engines
February 12, 2013 | 12:38am CEToriginalExisting and new limits, the horizon of effect, suspicion of the Porsche’s influencing of Czech Deputy Miroslav Ouzky...
read moreFiat plans steep expansion of Maserati and Alfa Romeo brands
February 11, 2013 | 02:18am CEToriginalThe amount of investment, production in Turin, expansion through Chrysler in the U.S., sales plans, new Maserati and Alfa Romeo models, prices...
read moreNissan to finally invest EUR 130 million in Barcelona, it agreed with unions to reduce wages
February 11, 2013 | 02:05am CEToriginalThreat of disinvestment in Spain has thus take effect. The new model, HR, production volume, gearboxes for EVs...
read moreKia launched another purely local campaign in Czech Rep
February 11, 2013 | 01:58am CEToriginalAuthor of the advertising campaign, affected models, connection to the previous rhymed campaign, the lack of outdoor...
read moreUnions rejected Skoda Auto’s first draft on new collective agreement
February 11, 2013 | 01:54am CEToriginalThe carmaker has proposed freezing the above-average wages in the Czech Republic and change the system of flexi accounts. Trade unions’ requirements...
read moreFrance might take stake in PSA Peugeot Citroen
February 11, 2013 | 01:49am CEToriginalPSA has recently written off 28% of the carrying value of its factories and other assets, which will lead to loss deepening...
read moreLula: Suzuki wants to maintain market share of 1.4% in Czech Rep in coming years
February 7, 2013 | 11:24pm CEToriginalResults in 2012, the prepared S-Cross model, cooperation with winter resorts, expanding dealer network, service program for older cars...
read moreAutobond plans to add another brand in two Czech cities
February 7, 2013 | 03:44am CEToriginalCurrently on-going investment will increase sales and service capacity of this dealer of six brands in six cities...
read moreDB Schenker gained new Automotive clients in Czech Rep
February 7, 2013 | 03:36am CEToriginalThe company has therefore broadened the portfolio of contracts for auto parts manufacturers. Projects for carmakers Volkswagen, Skoda and Ford, new halls for ESAB...
read moreTenza set aside foundry to independent company
February 5, 2013 | 11:45pm CEToriginalTenza Cast supplies 90% of its production to the automotive industry. Sales growth, production volume in Adamov plant, HR, clients...
read more
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