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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
Futaba intends to gain more non-Japanese customers in Europe
October 31, 2011 | 12:13am CEToriginalThe plant in the Czech Republic (the only one in continental Europe) expects sales growth, stagnation of the production of Japanese cars, decline in demand for exhausts. Clients, changes in management...
read moreBASF expands with engine coolant Glysantin in CEE
October 31, 2011 | 12:06am CEToriginalThis applies to both aftermarket (Czech Republic, Slovakia, Romania) and OEM (TPCA, Kia, Hyundai). Development of the liquid for EVs...
read moreMedian, Flotila: Fiat became friendliest carmaker to smaller corporate clients for 2011
October 30, 2011 | 11:58pm CEToriginalNon-premium brands succeeded in the survey, in which the offer range was not as important as access and communication. Strangely set criteria...
read moreManufacturers and developers of vehicles and components in Czech Rep presented visions of automotive industry
October 30, 2011 | 11:52pm CEToriginalSkoda Auto, Iveco, Visteon, Hella, Brisk and Ricardo will seek the development and application of modern technologies such as...
read moreVratislav Kulhanek and Vratislav Valek to be consultants of AAA Auto next two years
October 30, 2011 | 11:43pm CEToriginalThe General Meeting have extended their mandate in the Board until 2013, or more precisely until 2014. Employee shares...
read morePangda and Youngman provisionally agreed to Saab take over
October 30, 2011 | 11:36pm CEToriginalThe price for 100% is significantly lower than in the previous offer of partial control. Reaction of the trustee...
read morePSA Peugeot Citroen to cancel 6,000 jobs in Europe, this does not apply to Czech Rep
October 26, 2011 | 09:51pm CEToriginalDeterioration of the outlook of profit in 2011, a plan to reduce costs in 2012, revenue growth in Q3 driven by subsidiaries Faurecia and Gefco, shutdowns in France...
read moreVolkswagen wants to build a new factory for small cars in Brazil
October 26, 2011 | 09:45pm CEToriginalThe amount of investment, production capacity, investment financing by a local state bank, possible models produced (VW Up!)...
read moreIveco to shut down bus production and dismiss staff in Czech Rep
October 26, 2011 | 09:34pm CEToriginalThis is due to the drop in sales on key markets like France. Timing, uncertainty from Q1 2012, the position in sales on the Czech market...
read moreSpanish carmaker Santana Motor to cease activities
October 26, 2011 | 06:57am CEToriginalRelease of 1,300 people, declining production, leaving of strategic partners Suzuki and Iveco, end of production of Iveco Massif, the impacts in the Czech Republic (Dajbych, CEZ)...
read moreEconomia bought consulting automotive portals Vybermiauto.cz and Naftanebobenzin.cz
October 26, 2011 | 06:52am CEToriginalOndrej Behal thus wants to accelerate growth of both Internet projects. The similarity of the target groups of readers...
read moreVolvo Trucks expects decline in European market in 2012, to reduce production
October 26, 2011 | 12:02am CEToriginalThe pace of truck production is currently higher than the influx of orders. Prospects for 2011 and 2012...
read moreBMW Group strengthened CRM activities in Czech Rep
October 25, 2011 | 11:56pm CEToriginalThe importer created a new position of CRM manager, to which Andrea Cernakova was named. Her previous work at Mazda and EurotaxGlass’s, cooperation of BMW with TBWA...
read moreToyota Motor reduces production in East Asia
October 25, 2011 | 11:51pm CEToriginalThe reason is a lack of parts from Thailand that was hit by severe flooding. The states affected...
read moreIveco chose partner for branded financing in Czech Rep, negotiations under way in Slovakia
October 25, 2011 | 06:18am CEToriginalFinancing under the brand Iveco Capital has been offered by CSOB Leasing on the Czech market since October. The current situation in financing of Iveco trucks...
read moreMatador Automotive’s new plant in Czech Rep hit by fire
October 25, 2011 | 05:57am CEToriginalNone of 30 employees at the plant in Liberec were injured. Extent of the damage, the cause of the fire...
read moreSwedish Automobile cancelled investment agreement on Saab with Chinese partners
October 25, 2011 | 05:45am CEToriginalYoungman and Pangda allegedly intend to improve the bid to take over the carmaker, negotiations are under way with North Street Capital as well...
read moreEissmann Automotive to expand plant in Hungary
October 24, 2011 | 03:16am CEToriginalA new hall, a fourfold increase in the production area, the amount of investment, HR, product range, customers, activities in the Czech Republic and Slovakia...
read morePorsche entered Ostrava, Auto Heller became partner
October 24, 2011 | 03:10am CEToriginalAfter Prague and Brno, Porsche has occupied the third largest city in the Czech Republic. Cooperation with Porsche Inter Auto, a license for authorized servicing...
read moreFord considers moving production of Ka from Poland to Romania
October 24, 2011 | 02:55am CEToriginalIt would occur in the middle of the production cycle, probably with a facelift. For the Fiat factory in Tychy this would mean another palpable hit...
read moreFiat plans to limit production of Irisbus buses in Italy
October 24, 2011 | 02:49am CEToriginalAt the end of 2011 the company plans to close two domestic factories. DR Motor, producing Chery cars, wants to save the plant in Sicily…
read moreSamvardhana Motherson Reflectec opened second plant in Hungary
October 24, 2011 | 02:45am CEToriginalLocation, plant parameters, HR, production capacity, increasing production, portfolio and customers, SMR’s customers, transfer of R&D centre...
read moreYoungman and Pangda offered full takeover of Saab, Swedish Automobile refused it
October 24, 2011 | 02:37am CEToriginalThe offer of the Chinese companies, according to Swedish Automobile, would mean the end of Saab. Partial control of Saab...
read moreSkoda Auto succeeded in tender to supply cars for Slovak authorities
October 24, 2011 | 02:26am CEToriginalThe winning model, the duration of the framework agreement, the approximate number of cars, the discount over list price, the number of participants, another cancelled tender...
read moreJohnson Controls bought C. Rob Hammerstein
October 24, 2011 | 02:24am CEToriginalThe company has strengthened its position in seating business. Joint ventures are not part of the transaction. Customers of CRH Group...
read more
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