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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
GM to return to Europe with financial division, buying activities of Ally/GMAC
November 23, 2012 | 03:43am CEToriginalTransaction value, Ally’s focus on the U.S. only, current car sales through GM Financial, the financing situation in Opel and Chevrolet brands in Central Europe...
read moreCNH approved merger with Fiat Industrial
November 23, 2012 | 03:39am CEToriginalTherefore, a global group focused on the manufacture of heavy industrial machinery, also including Iveco trucks and buses will be established...
read moreRenault to increase its production in Spain, to create 1,300 jobs here
November 22, 2012 | 03:30am CEToriginalIt will probably be at the expense of France, where the carmaker is negotiating with the unions on a new collective agreement. Affected plants and numbers of workers...
read moreJana Hrabeova to leave Veletrhy Brno
November 22, 2012 | 03:22am CEToriginalSince 2008, she has been in charge of PR and advertising in BVV. Her successors for Autosalon, Autotec/Eurotrans and Motosalon fairs, Hrabeova’s new job...
read moreTalks on fire fighters financing from damage liability insurance in Czech Rep to continue
November 22, 2012 | 03:14am CEToriginalThe share of premiums, penalties for insurance companies, the annual amount, the threat of price increase of liability insurance, the attitude of insurance companies...
read moreAuto Charouz plans to open another showroom in Czech Rep
November 21, 2012 | 03:35am CEToriginalNow the group is choosing the brand. Location, history of the showroom, considered variants, restoring Lotus representation...
read moreAuto In expands its group of Ford dealerships in Czech Rep
November 21, 2012 | 03:22am CEToriginalIt currently includes 10 points, while four showrooms have been added to the portfolio in the last two years. New sub dealers, sales growth in 2011, a new microsite for consultancy...
read moreSkoda Auto not to interrupt production in Mlada Boleslav between holidays
November 21, 2012 | 03:14am CEToriginalThese are two working days when other Czech plants will suspend production. The plan of shifts between Christmas and New Year, work on New Year's Eve, payments, transfer of holiday...
read moreNissan opened a second dealership in Liberec
November 21, 2012 | 03:08am CEToriginalThe long-time dealer of several brands built a Nissan showroom. The company, location, size of the showroom, other brands, another dealer in the city, Nissan’s strategy in the region...
read moreFiat allegedly to suspend production in one plant in Italy for three weeks
November 21, 2012 | 02:59am CEToriginalThis is due to weak demand in Europe. The plant concerned and models, the term of extended Christmas holidays for 5,000 employees...
read moreHyundai extended partnership with Czech national football team
November 21, 2012 | 02:53am CEToriginalLength of the new sponsorship agreement, the annual contribution, car rental for football players and fans, the models and numbers, a competition for the 2014 World Cup in Brazil...
read moreSkoda Auto will be able to expand Kvasiny plant, land problem solved
November 20, 2012 | 02:47am CEToriginalThe carmaker, municipality and helicopter manufacturer agreed to exchange some land, which would allow the production of large Skoda SUV in the Czech Republic...
read moreA. Charouz Motors expects sales of Jaguar and Land Rover cars to grow in 2012
November 20, 2012 | 02:40am CEToriginalThe results of 2011, prospects for 2012, the flagship showroom in Prague 9, prepared used car centre...
read moreJan Dobias became new director of marketing and communications at AAA Auto
November 20, 2012 | 02:30am CEToriginalHe will be in charge of all the markets, namely the Czech Republic, Slovakia and Russia. He came to the used car shop network from tire manufacturer...
read moreEmil Frey to expand portfolio in Czech Rep with seventh brand
November 19, 2012 | 12:11am CEToriginalIt is the current brand of the Swiss group Emil Frey. The brand, location of the showroom, related changes, dealer situation in the region...
read moreCarGarantie and Subaru agreed to cooperate in Czech Rep
November 19, 2012 | 12:07am CEToriginalA 5-year warranty included in the price of a new car, extended warranty up to 7 years/250,000 km, options, prices, expanding partnerships with Subaru and Emil Frey in Europe...
read moreJaguar Land Rover and Chery to manufacture cars for local market under new brand in China
November 19, 2012 | 12:03am CEToriginalAt the same time, Jaguar Land Rover would help Chery with expansion worldwide. Details of the joint venture in China (engine plant, R&D centre, location, timing, investments)...
read moreVolvo AB to reduce production of trucks in Europe
November 18, 2012 | 11:49pm CEToriginalVolvo Trucks will reduce the number of shifts and implement a shortened work week. Demand for Volvo trucks...
read moreEvektor strengthens in automotive industry, separated R&D from aircraft production
November 16, 2012 | 03:49am CEToriginalTwo divisions of Evektor Group, personnel changes, 15 years of cooperation with Skoda Auto, other clients from European carmakers...
read moreFisker finalizing preparations to enter Czech market
November 15, 2012 | 12:53am CEToriginalThe exclusive distributor, sales network, the first showroom, pre-sales activities, sales launch, prices, service, warranties, web, dealer network in Western Europe...
read morePSA Peugeot Citroen apparently considering collaboration with Tata Motors, if alliance with GM crashes
November 15, 2012 | 12:47am CEToriginalOpel denied speculations about the collapse of GM and PSA’s alliance. PSA, however, is apparently not satisfied with the alliance. Official statements and speculations...
read moreEU apparently postponed introduction of new emission rules for carmakers
November 15, 2012 | 12:36am CEToriginalNew regulations should limit CO2 emissions from trucks or introduce compulsory labelling of emissions. The EC probably began to listen to companies more...
read moreFrauenthal Automotive expands in CEE
November 14, 2012 | 01:27am CEToriginalThe company bought a factory in the Czech Republic and expanded its plant in Romania. Details of the acquisition and investment, locations, products and customers...
read moreDirect expanded cooperation on settlement of claims with Uniqa in Czech Rep
November 14, 2012 | 12:55am CEToriginalDirect’s customers can look forward to the alternative compliance payment within three working days. Business results of two-month cooperation...
read moreGM and PSA reportedly halted negotiations on joint venture with Opel
November 14, 2012 | 12:48am CEToriginalThe reason is government help for Banque PSA Finance, which is contingent on keeping all jobs in France. Details and context...
read more
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