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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 stop production of Chevrolet Volt/Opel Ampera for five weeks
March 5, 2012 | 11:48pm CEToriginalThe reason is lower demand compared to the original expectations and the company needs to empty warehouses. Plans and sales in 2011 and 2012...
read moreNissan Motor to restore Datsun brand after 23 years
March 5, 2012 | 11:23pm CEToriginalThe automaker will use it for cheap cars for emerging markets. The timing, first markets, car prices, planned annual sales...
read moreSkoda Auto considers moving assembly of Roomster in Czech Rep
March 5, 2012 | 12:02am CEToriginalFor up to 400 employees of the Vrchlabi plant this could mean moving for work. A possible increase in capacity of the DSG gearbox...
read morePSA and GM’s alliance might eventually include joint production
March 4, 2012 | 11:48pm CEToriginalUntil then, the development and sharing of platforms and components will focus on smaller cars, MPVs and crossovers. The joint purchasing volume, the use of logistics company Gefco at GM...
read moreSkoda Auto improved offer on wage increase, trade unions still insist on their proposal
March 4, 2012 | 11:23pm CEToriginalAccording to the unions, the carmaker’s new offer is still on the edge of real wage growth. Details of the negotiations, next round...
read moreCeska pojistovna transferred rendition of assistance services under Generali Group
March 2, 2012 | 02:46am CEToriginalContractors will be replaced by a JV with Europ Assistance. Statistics of assistance interventions, head of the new company CP Asistence, transfer of employees, future od SOS Assist...
read morePassenger cars sold in U.S. to have rear-view camera
March 2, 2012 | 02:24am CEToriginalIt is a step towards greater protection of pedestrians, especially children. The timing, serial and optional equipment component for models in 2012, costs for carmakers per vehicle...
read moreAutobond to build multibrand complex in Prague
March 1, 2012 | 01:21am CEToriginalIt will be the second facility in the capital of the Czech Republic. Hiring a former dealership at the inner road ring, first brand, the upcoming investment...
read moreFiat sent several managers from Central Europe to west
March 1, 2012 | 12:32am CEToriginalMartin Rada became the head of the Fiat Group in Germany, Lucyna Bogusz goes to the headquarters in Italy, the head of the Czech and Slovak importer will be...
read morePSA to form alliance with GM, it acquires 7% stake in the French carmaker
March 1, 2012 | 12:14am CEToriginalIncrease in PSA’s capital, sharing of platforms and components, separate production activities, JV for the purchase of raw materials and components, annual savings, the first joint cars...
read moreSkoda Auto proposed increase in wage rates by 3.2%
March 1, 2012 | 12:00am CEToriginalIncluding the related components, salaries should increase by 4%. The company also proposed an advance payment of the variable bonus. Details and attitude of trade unions...
read moreMarchionne: Fiat-Chrysler is looking for new partners
February 29, 2012 | 11:54pm CEToriginalAccording to him, there are not many potential partners left in Europe. Marchionne did not exclude the possibility of an alliance with Japanese automakers...
read moreCzech government is against CSSD proposal on criminalizing downsized odometers
February 29, 2012 | 11:45pm CEToriginalAccording to coalition ministers, the amendment to the Criminal Code is ill-conceived. Reasons, governmental proposal...
read moreMegatech Industries acquired new contracts from Volkswagen Group
February 29, 2012 | 04:46am CEToriginalThe company will therefore expand production in one of the Czech factories. The location, new technology, HR, contracts for the upcoming VW and Skoda models, customers...
read moreProseat sold its stake in JP Foam Manufacturing to Johnson Controls
February 29, 2012 | 01:48am CEToriginalThe joint venture of Recticel and Woodbridge has thus got rid of two plants in Poland and Slovakia. Products, HR, customers, transfer of production...
read moreGM reportedly negotiates purchase of small stake in PSA
February 29, 2012 | 01:28am CEToriginalThis is part of the planned alliance. PSA could thus gain better access to new markets outside Europe. The amount and value of the share, the stock market reaction...
read moreSome investors no more interested in Saab, GM reportedly wants end of Swedish carmaker
February 29, 2012 | 01:14am CEToriginalSaab has received several offers of help from Swedish and international investors. The number of bids and details...
read moreLeoni to reduce production in one of its plants in Slovakia, to increase production in another one
February 28, 2012 | 03:00am CEToriginalIt is production of cable harnesses for cars. Plans in 2012, demand from automakers, expansion in Serbia...
read moreAzure Dynamics builds distribution network for Ford commercial EVs in Europe
February 28, 2012 | 02:55am CEToriginalCurrently, the company has partners in eight countries, among them Emil Frey, MVC Automotive and A. Charouz. Production, sales, another model...
read moreSKF acquired contract for supply of bearings from Scania in Brazil
February 28, 2012 | 02:46am CEToriginalDeliveries of wheel and transmissions bearings from Europe and Brazil, the length and value of the contract, SKF’s investment in Brazil...
read moreMetaldyne to build second plant in Czech Rep
February 27, 2012 | 12:54am CEToriginalThe reason is growing demand by automakers and Tier 1 suppliers from CEE. Location, initiation of production, technology and products, customers...
read moreCare Car terminated car sales after two years
February 27, 2012 | 12:40am CEToriginalThe company was a dealer of Hyundai, last time it was a Kia dealer and an authorized Skoda service with showrooms in Brandys and Prague. Its showroom in Prague...
read moreNissan wants to open 20th showroom in Czech Rep in 2012
February 26, 2012 | 11:38pm CEToriginalThe dealer expansion should continue in future years. The current state of the dealer network and plans for 2012...
read moreNH Car became Volkswagen dealer, opened showroom in Prague
February 26, 2012 | 11:33pm CEToriginalThis is the first showroom in the Czech Republic according to a new modular concept, which gives investors the spatial and financial flexibility. Growth of the VW dealer network in 2012...
read moreFiat and Sberbank to establish JV for production of Jeep cars in Russia
February 26, 2012 | 11:27pm CEToriginalPartners’ shares, investment in construction of the first facility, the initial production capacity, the planned second plant...
read more
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