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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
EV batteries manufacturer A123 Systems went bankrupt
October 17, 2012 | 01:18am CEToriginalIt is a supplier of lithium-ion batteries for Fisker. Sale of assets to Johnson Controls, the value of the transaction, the failure of Barack Obama’s green policy...
read moreStratos Auto opened BMW dealership in Prague
October 17, 2012 | 01:06am CEToriginalThe company has thus entered the second city in the Czech Republic with one of its existing brands. Location, sales of BMW M-models and motorcycles...
read moreWoman became member of Leaseurope board for first time, head of Czech leasing association, Jirina Tapsikova
October 17, 2012 | 12:40am CEToriginalShe currently works as the head of the Czech branch of Volkswagen Financial Services. Tapsikova was nominated to the board by...
read moreMichal Backovsky left Avia Ashok Leyland Motors
October 16, 2012 | 12:05am CEToriginalIn the Czech plant of Ashok Leyland he was in charge of marketing and aftersales. His successor, another new member of the marketing department...
read moreVolvo Car to temporarily stop car production in Sweden
October 15, 2012 | 11:55pm CEToriginalIt is therefore another measure to reduce production due to lower demand in Europe. The term of outage, the models concerned...
read moreCNH rejected merger with Fiat Industrial
October 15, 2012 | 11:44pm CEToriginalFiat Industrial owns in a majority stake in CNH and will continue to strive for completion of the merger...
read moreHyundai to open fifth dealership in Brno
October 14, 2012 | 11:22pm CEToriginalThe existing dealer of several brands is going to build the showroom from scratch. The company, location of the showroom and parameters, opening, dealer situation in the city...
read moreSkoda Auto to cut 200 jobs in Vrchlabi
October 14, 2012 | 11:11pm CEToriginalThe carmaker has offered the affected personnel the opportunity to work in other plants. The amount of severance pay, the deadline for a decision...
read moreGM and PSA Peugeot Citroen allegedly plan to merge Opel with PSA automobile division
October 14, 2012 | 10:56pm CEToriginalThe plan is likely to encounter objections from the French government. Carmakers declined to comment on the information stating that they are about to announce several joint projects in...
read moreJaromir Hermansky promoted to regional headquarters of PSA Peugeot Citroen
October 11, 2012 | 10:50pm CEToriginalFleet department of Peugeot Czech Republic has subsequently been strengthened by Lukas Hosek, who came from Sixt...
read moreFaurecia to close factory in Leipzig, BMW production to be moved to Czech Rep
October 11, 2012 | 02:15am CEToriginalReasons for the German plant closure, new plant in the Czech Republic, products and contracts...
read moreVehicle sales in China down by 1.8% in September, first time since January 2012
October 11, 2012 | 01:35am CEToriginalReasons of the growth suspension, influence of the China-Japan dispute, sales in Q1-3, new round of car purchase incentives...
read moreCarTec Group entered third city in Czech Rep
October 10, 2012 | 05:14am CEToriginalThe company is therefore continuing to expand in Bohemia, when it bought a dealer here. Location, the brand, the value of the transaction, business and financial results of the purchased company and its affiliated firm...
read moreAAA Auto changed partner for extended warranties
October 10, 2012 | 05:02am CEToriginalThe partner, in addition to the standard one-year warranty, has begun providing two-years insurance of failures for newish cars from the Mototechna program. The former and new partner for the Czech Republic and Slovakia...
read moreSkoda Auto wants to manufacture between holidays, unions still disagree
October 10, 2012 | 04:55am CEToriginalThe affected plant in the Czech Republic and models, required days, the reasons for the carmaker’s request for production immediately after Christmas...
read moreCar sales in Slovakia up by 50% in September, due to introduction of registration tax
October 10, 2012 | 04:50am CEToriginalTwo thirds of the registrations were made up by cars with an engine power over 80 kW. Single-digit growth in Q1-3, strong growth in sales of imported used cars, a special offer by Skoda...
read moreGM insources IT activities, to open software development centre in U.S.
October 10, 2012 | 04:39am CEToriginalIt should create thousands of new jobs in the coming years. Details, reasons...
read moreOpel to limit production in Eisenach
October 9, 2012 | 03:37am CEToriginalThe plant produces the Corsa, and a new model, the Adam will be manufactured there from the end of 2012. The reasons, change in the shift schedule, Kurzarbeit...
read moreSulzbacher opened new Mercedes-Benz and Smart showroom in Ostrava
October 9, 2012 | 03:34am CEToriginalLocation, the size of the showroom, expansion of used car sales, new service license from Maybach, the number of customers...
read moreUnions at Volkswagen Slovakia declared strike alert
October 9, 2012 | 03:26am CEToriginalManagement of the plant in Bratislava has not yet agreed with the staff on a new collective agreement. Requirements and proposals of both sides...
read moreMercedes-Benz won giant contract from U.S. IT company in Czech Rep
October 8, 2012 | 01:53am CEToriginalThe fleet size, model, motorization, the form of service, the replaced brand and model, reasons for success in the tender...
read moreAuto Activity bought car showroom in Moravia
October 8, 2012 | 01:40am CEToriginalThe company has thus entered the sixth city in the Czech Republic, where it operates Ford and Hyundai dealerships. Location, brand, previous owner...
read moreMetaldyne started production in second plant in Czech Rep
October 8, 2012 | 01:33am CEToriginalThe initial investment in Zbysov, HR, production growth, shifting production from Germany and from the Oslavany plant, technologies, products and customers in the Czech Republic and Germany...
read moreHyundai to offer cars with CNG drive in Czech Rep
October 8, 2012 | 01:25am CEToriginalThe date, partner for conversions, the first models, the i10 i-blue CNG concept, the current LPG models offer...
read moreVolkswagen supposedly decreased production plan for 2012 by 3%
October 8, 2012 | 01:19am CEToriginalMoreover, the carmaker suspended production of some VW and Audi models in Germany in the first week in October. The affected plants and models...
read more
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