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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
Toyota Boshoku continues to expand in Europe, to build plant in Czech Rep
July 10, 2012 | 02:00am CEToriginalThis will happen a year after the company bought the interior components division from Polytec. Location, investment, HR, plant manager, customers...
read moreDefend Group expands in insurance, to introduce extended warranties for cars
July 10, 2012 | 01:30am CEToriginalDetails of upcoming products, introduction to the market in Central Europe, likely partner and his experience...
read moreBernard Chretien to leave Renault Czech Republic after six years
July 10, 2012 | 01:09am CEToriginalEric Bassett becomes the new head of the Czech branch of Renault. Chretien’s new job, the previous post of Bassett, timing...
read moreBMW tightly won tender for free replacement of fleet of Czech Ministry of Foreign Affairs
July 10, 2012 | 01:04am CEToriginalThe second participant Skoda Auto offered only one car less. The existing fleet, demand and bids, contract details...
read moreTukas Group moves sale of two brands in Prague
July 10, 2012 | 12:54am CEToriginalThe company is a dealer of five brands and an authorized service partner of three brands with five facilities in Prague 10. Locations, brands, reasons for moving...
read moreCEZ considers changing e-mobility strategy in Czech Rep
July 10, 2012 | 12:47am CEToriginalThe company wants to create a uniform network of fast charging stations across the country. Details of the project, locations, construction of chargers in 2012...
read moreProduction of Skoda Fabia not to last in Czech Rep in summer longer than company holidays
July 10, 2012 | 12:41am CEToriginalThe term of company holidays, shutdown of production of the Fabia in Mlada Boleslav, the reasons...
read moreMini to expand model offer to ten, to invest in UK and continental Europe
July 10, 2012 | 12:30am CEToriginalInvestment in three British factories, HR, considered production of the Mini in a third country, production of the second model at Magna Steyr...
read moreGM moves European logistics to PSA Peugeot Citroen
July 10, 2012 | 12:24am CEToriginalThe agreement covers the supply of parts, cars and spare parts for Opel, Chevrolet and Cadillac brands. About 200 logistics companies will replace Gefco...
read moreU.S. complains about China to WTO because of import duties on cars
July 10, 2012 | 12:15am CEToriginalChina’s duties cover more than 80% of U.S. car exports to China. The number of affected vehicles, the value of exports, the political context...
read moreToyota wants to open second dealership in Brno, now looking for partner
July 9, 2012 | 01:36am CEToriginalThe carmaker is looking for a dealer with existing premises, which would include the Toyota brand to its portfolio. Preferred locations...
read moreVolkswagen to acquire 100% stake in Porsche AG
July 9, 2012 | 01:09am CEToriginalPiech and Porsche families will therefore integrate the Porsche sports car manufacturer to the Volkswagen Group in another way. Details of the transaction...
read moreVolkswagen to build new body shop for EUR 600 million in Slovakia
July 3, 2012 | 09:14pm CEToriginalThe new hall will be connected to a pressing shop, which is now being built. Body shop size, utilization, production start-up, HR...
read morePSA Peugeot Citroen to allegedly dismiss 10,000 people in France
July 3, 2012 | 09:05pm CEToriginalSo far, the carmaker has announced the cancellation of 4,000 jobs. The affected plants, including a joint venture with Fiat...
read moreCar sales in Germany rose by 3 % in June, exports by 9%
July 3, 2012 | 08:51pm CEToriginalHowever, the current inflow and the overall state of orders lag behind the level of 2011. Expectations for H2 2012, closures of factories in Europe...
read moreMartin Peleska returned to Czech Rep after three years for his old-new position
July 3, 2012 | 05:11am CEToriginalWithin the carmaker Toyota Motor he moved from the European headquarters to the representation for the Czech Republic and Slovakia. He thus follows Marc Hedrich...
read moreSlovakia to support development of e-mobility, to introduce registration tax on cars with internal combustion engines of over 80 kW
July 3, 2012 | 05:02am CEToriginalThe registration tax will apply to new and imported used cars, not EVs and HEVs. The rates, timing, impact on demand...
read moreFiat to close five Iveco factories in Europe
July 3, 2012 | 04:58am CEToriginalThis is due to decreasing demand on the European market. The affected plants, number of employees, confirmation of investment in Spain, the interest in Navistar...
read moreCar of the Year 2013 in Czech Rep: Steering committee chose agency
July 1, 2012 | 10:26pm CEToriginalThree agencies with experience in the automotive sector were addressed. The selected agency, time schedule...
read moreBMW and Toyota agreed to strengthen cooperation
July 1, 2012 | 10:16pm CEToriginalApart from batteries for EVs and diesel engines they added fuel cells, electric drive, the development of a sports model and the development of ultra-light technologies...
read moreGM approved four-year business plan for Opel
June 28, 2012 | 11:53pm CEToriginalIt allows for expansion outside Europe, large investments in models and significant cost reductions through an alliance with PSA. The fate of the factory in Bochum...
read morePSA Peugeot Citroen plans to close one plant in France
June 28, 2012 | 11:41pm CEToriginalIt will be probably one of the factories producing the Peugeot 208, because its production should increase in Slovakia...
read moreGM and PSA consider producing D-Segment compact models in Germany
June 28, 2012 | 06:22am CEToriginalNew generation of Peugeot 508, Citroen C5 and Opel Insignia will be based on the same platform and will likely roll off the same line. Affected plants, Citroen C6 successor...
read moreV.J. Cars became Mitsubishi dealer in Liberec
June 28, 2012 | 06:01am CEToriginalThis independent Subaru and Daihatsu dealer has thus expanded its portfolio with the first dealer license. Showroom, revenues, previous Mitsubishi dealership in the city...
read moreInvestors are fighting in German court for compansation by Porsche Automobil Holding SE
June 28, 2012 | 05:51am CEToriginalThe reason is the unsuccessful attempt to take over Volkswagen. The amount of compensation required, further hearings and a possible verdict...
read more
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