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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
Government approved better position of consumer loans clients in Czech Rep
August 23, 2012 | 12:54am CEToriginalAccording to CSSD, new act does not solve the problem of arbitration clauses, unfair penalties and the amount of interest. Details of the amendment, CSSD suggestions...
read moreBrano Group won contract for upcoming Porsche model, considering production in India and Mexico
August 22, 2012 | 03:51am CEToriginalNew projects, expansion in China and South Africa, customers and models, 150-year anniversary of the company...
read moreCzech police accused Tatra chief Ronald Adams, to be prosecuted unapprehended
August 22, 2012 | 03:39am CEToriginalAdams reportedly offered the former Deputy Minister of Defence, Martin Bartak a bribe for defence contracts at IDET fair in 2009....
read moreOpel is close to agreement on reduction of working time in Germany
August 22, 2012 | 03:29am CEToriginalAffected plants and number of employees, possible term of the agreement, support within the Kurzarbeit program, working time reduction by 11%...
read moreDirect Pojistovna agreed with Uniqa on cooperation in renewal of insurance contracts in Czech Rep
August 21, 2012 | 05:25am CEToriginalDirect will offer its clients Uniqa insurance before the end of the insurance policy, and Uniqa will provide comparable conditions...
read moreGrupo Antolin to invest in expansion of production in Czech Rep
August 20, 2012 | 04:44am CEToriginalThe reason is a growing demand from one carmaker. Location, increase in the production area and capacity, new lines, HR, timing, customers...
read moreNissan recorded a few changes in Aftersales department in Czech Rep
August 20, 2012 | 04:34am CEToriginalJiri Bibr, Tomas Synek and Ivo Sebesta left the company; on the contrary, Oldrich Sadilek came to Nissan. Details...
read morePorsche Engineering entered into Czech Automotive Industry Association
August 20, 2012 | 01:06am CEToriginalThis happened 11 years after the establishment of R&D centre in the country. Cooperation with technical schools, HR...
read moreDaimler aims to double production of Mercedes-Benz cars in Hungary
August 20, 2012 | 12:37am CEToriginalCapacity growth, timing, amount of investment, communication with the local government, the launch of trial production of CLA (baby CLS)...
read moreGuido Hanel resigned from post of head at Czech factory of Kiekert
August 17, 2012 | 06:03am CEToriginalThis happened after the announcement that Kiekert would be taken over by a Chinese company Lingyun. His successor...
read moreOpel negotiates reduction of working hours in main factory in Germany
August 17, 2012 | 05:44am CEToriginalNumber of employees concerned, the models, the alleged negotiations in Kaiserslautern, a government compensation program...
read moreKiekert preparing investment to expand production in Czech Rep
August 16, 2012 | 03:38am CEToriginalThe reason is new contracts for the production of automotive locks. Location, production area, production volume, HR, timing, customers...
read moreCar Motors MB moved its showroom in Prague
August 16, 2012 | 03:26am CEToriginalThe company is an independent dealer and repairer of Mercedes-Benz and AMG cars. Location, partners...
read moreVisteon head Don Stebbins resigned
August 16, 2012 | 03:18am CEToriginalIt happened after four years as CEO and six years in the company. His successor, the amount of severance pay...
read moreFehrer Automotive optimizes production in Czech Rep
August 15, 2012 | 06:43am CEToriginalChanges relate to a takeover of Nectec Automotive and purchase of a plant from Delphi. The introduction of new production, production volume, HR, timing, customers...
read moreParker Hannifin sold automotive air conditioning business to Continental
August 14, 2012 | 04:18am CEToriginalThe affected plants including factories in the Czech Republic, annual revenues, number of employees, strengthening the ContiTech expansion in America and Asia...
read moreGrammer plans to invest in production expansion in Czech Rep
August 9, 2012 | 05:27pm CEToriginalThe reason is increased demand and production streamlining. Location, products, new technologies, the planned production capacity, HR...
read moreEC investigates possible cartel of manufacturers of cable harnesses for automobiles
August 9, 2012 | 05:15pm CEToriginalThe Commission has carried out unannounced inspections in several companies. Possible sanctions...
read moreU.S. court dismissed annulment of suit against Porsche Automobil Holding SE
August 9, 2012 | 04:41pm CEToriginalThe action accuses the company of fraud in connection with efforts to take over Volkswagen. The required compensation, the local jurisdiction of the action...
read moreBMW created position of Mini brand manager in several countries
August 9, 2012 | 02:23am CEToriginalThe carmaker is planning to strengthen the position of the brand. In the Czech Republic, this function was taken over by Michal Malecha, who had previously worked in...
read moreToyota Motor considers moving part of production from Japan to North America
August 9, 2012 | 02:16am CEToriginalThe reason is a strong Japanese currency. Probable models...
read moreEmployees of Hyundai Motor in Korea renewed struggle for wage increase
August 9, 2012 | 01:26am CEToriginalWorkers of Kia Motors seem to join the protests, as well. Past and upcoming strikes, participation in them, stoppage of car production...
read moreDaimler agreed with DAPD agency to provide news to Mercedes-Benz cars
August 7, 2012 | 11:19pm CEToriginalMultimedia system Comand will thus be extended with service News on Board. Co-operation in 22 countries, a subcontractor in the Czech Republic, text and video news...
read moreDenso and trade unions in Czech Rep agreed on new collective agreement
August 7, 2012 | 11:14pm CEToriginalEmployees of the Czech plant, producing car air-conditioning, have achieved an increase of tariff salary by 3%. Annual bonuses, the average salary...
read moreSpyker brought action against GM for Saab’s bankruptcy
August 7, 2012 | 10:47pm CEToriginalThe reason is GM’s alleged illegal steps to avoid a competitive struggle with Saab in China. Details of the action, the required compensation, the reaction of GM...
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