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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
German court dismissed two actions of investors against Porsche Automobil Holding SE
September 21, 2012 | 01:03am CEToriginalThe decision is an unfavourable signal to other investors bringing an action against Porsche SE. However, the company has been facing other three lawsuits in Germany...
read moreMuller: Porsche sales could be by 10% lower in 2013 compared to plan
September 20, 2012 | 01:41am CEToriginalThe carmaker plans to slightly reduce production, costs and investments to maintain high profitability...
read moreCLFA: Amendment to Consumer Credit Law could help non-respectable firms
September 20, 2012 | 01:31am CEToriginalAccording to CLFA, there is a problem in creditor's obligation to assess creditworthiness of consumers before providing the credit...
read moreMarchionne: Fiat has no plans to close factories in Italy
September 19, 2012 | 06:29am CEToriginalIf Fiat reduces production in Italy, the government should attract another manufacturer, according to local unions...
read moreNew Jaguar and Land Rover premises to be opened in Prague
September 18, 2012 | 03:38am CEToriginalA long-time dealer of several brands bought a showroom in the Czech capital and is planning to open a service centre there. Dealer, location, clients...
read moreJapanese carmakers to temporarily stop production in China
September 18, 2012 | 03:15am CEToriginalThey respond to the anti-Japanese protests in the country. Reasons for unrest, the situation at Mazda, Nissan, Honda, Toyota...
read moreOMB Composites to expand its plant in Czech Rep
September 17, 2012 | 01:29am CEToriginalA new hall, the amount of investment, capacity and production growth, production machines, HR, timing, R&D, products and customers...
read moreNew BMW dealership to be opened in Prague
September 17, 2012 | 01:23am CEToriginalThe long-time dealer of several brands is building a showroom, meeting standards of the carmaker mandatory from 2015. The dealer, location, regional partners and clients...
read moreParliament approved introduction of registration tax on cars in Slovakia
September 17, 2012 | 01:09am CEToriginalThe affected vehicles, the amount of fees, entry into force, the growth of the automotive market in summer, increased demand for SUVs...
read moreGermany investigates Volkswagen for sponsoring VFL Wolfsburg football club
September 17, 2012 | 01:01am CEToriginalVolkswagen reportedly urged its business partners and suppliers to financially support the Wolves team. Hearing of the VW purchasing manager, partners of the club...
read moreRWE consigned part of fleet to independent service centres in Czech Rep, tender won by Trost
September 14, 2012 | 04:54am CEToriginalHowever, part of the fleet will be managed by authorized service centres. Size of the fleet, the validity of the contract, Trost and Bosch Car Service concept service centres, details...
read moreRenault to reduce production and number of employees in Slovenia and South Korea
September 14, 2012 | 04:40am CEToriginalThis is the second wave of layoffs and reduced production in Revoz in 2012. Details of the intention, the situation in the Renault Samsung division...
read moreCzech obliged to pay Volkswagen EUR 11.5 million after lost arbitration
September 13, 2012 | 01:33am CEToriginalThe dispute concerns the privatization of the Czech carmaker Skoda Auto. Request of Volkswagen, the reaction of the Czech government, the responsibility for the result...
read moreHyundai Fischer CZ wants to belong among largest Hyundai dealerships in Czech Rep in three years
September 13, 2012 | 01:25am CEToriginalParameters of the newly built showroom in Ceske Budejovice, sales plans...
read moreBehr suspended investment in new plant in Czech Rep
September 12, 2012 | 03:52am CEToriginalThis happened at the time when preparatory works in the industrial zone in Ostrov have begun. Reasons for the decision, the building permit and its validity...
read moreOpel began to offer branded insurance in Czech Rep
September 12, 2012 | 03:44am CEToriginalOpel Insurance is a package of comprehensive automobile insurance. Partner, parameters, rate, zero participation, insurance examples, opportunities to purchase additional insurance...
read moreFight on vehicle noise limits erupted in European Parliament
September 12, 2012 | 03:33am CEToriginalCzech MEP Miroslav Ouzky have allegedly prepared the draft hand in hand with the carmaker Porsche. Evidence, EC’s and Ouzky’s proposal, reaction of Ouzky...
read moreGovernment expert: Merger/alliance with another carmaker necessary for the future of PSA Peugeot Citroen
September 12, 2012 | 03:26am CEToriginalPSA should close the Madrid plant rather than the plant in Aulnay, according to the expert. The production capacity utilization, a decrease in the value of the company...
read moreAAA Auto changed supplier of certificates of car origin
September 11, 2012 | 03:53am CEToriginalThe term of changes, the original and the new provider, names of certificates, data sources...
read moreVolkswagen chose location for its new Audi plant in Mexico
September 11, 2012 | 03:48am CEToriginalAudi will produce the second generation Q5 there. Location, distance from the current Volkswagen’s plant in Mexico, schedule...
read moreSuzuki Motor to cut production in Hungary
September 9, 2012 | 10:21pm CEToriginalThe reason is a decline in demand for the manufactured models in Europe. Shifts reduction, HR, timing, affected Suzuki a Fiat models, decline in production in the plant in 2012…
read moreMorgan Stanley: GM should sell Opel
September 9, 2012 | 10:12pm CEToriginalAccording to an analysis, GM Europe lost EUR 12 billion over the past 12 years. The outlook for next season, GM’s attitude...
read moreHonda plans to meet production capacity of UK plant by 2015
September 7, 2012 | 06:11am CEToriginalProduction plan for 2012, EUR 320 million investment in three new products (Civic IX, CR-V IV, 1.6-litre diesel engine), HR, timing...
read moreProblem with land for expansion of Kvasiny plant of Skoda Auto might be solved
September 7, 2012 | 05:55am CEToriginalThe municipality is willing to meet requirements of the owner of the land, so that he could move its planned investment in the production of helicopters elsewhere...
read moreAutocentrum Duba wants to build network of dealerships based on franchising in Czech Rep
September 6, 2012 | 03:02am CEToriginalUnder the Auto Duba brand the company opened the first two Kia dealerships. Locations, license partner, history of the showrooms, sales plans...
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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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Czech antitrust authority imposed fine on two car dealers for cartel
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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
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