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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
MAI Insurance Group expands with AIM non-life division in CEE
September 19, 2011 | 11:51pm CEToriginalIn the Czech Republic, Poland and Bulgaria they offer motor vehicle insurance, including warranty insurance and GAP insurance. Partner for assistance services...
read moreSwedish court to consider Saab’s application for protection from creditors again
September 19, 2011 | 11:42pm CEToriginalThe carmaker appealed against the decision of lower court’s appeal last week, but it was not clear whether the court of appeal will deal with it...
read moreGS Caltex to enter Europe, building plant in Czech Rep
September 19, 2011 | 12:22am CEToriginalIt is a subcontractor of Hyundai Motor. Location, plant characteristics, products, HR, expected revenues, customers...
read moreRieter won new orders from carmakers BMW, Volkswagen and Skoda
September 19, 2011 | 12:10am CEToriginalThe components will be supplied from the new Czech plant to factories of carmakers in Germany, Czech Republic and Slovakia, among other things, for the new BMW 3 Series (F30)...
read morePSA Peugeot Citroen plants in Europe continue to face shortfall of supplies from Agrati
September 18, 2011 | 11:37pm CEToriginalThe shutdown of car production has been extended for another few days, in Slovakia until…
read moreKiekert chose Czech Rep as main production point for Europe, wants to build another plant here
September 16, 2011 | 04:06am CEToriginalAn extension of the existing plant in Prelouc is an option. The investment, production area, HR plans, sales of locks, revenues, customers...
read moreHyundai to start production in three shifts in Czech Rep two weeks earlier
September 15, 2011 | 11:56pm CEToriginalProduction of cars in three-shift model will be launched on September 19. The current hourly production and the future production of a third shift, new employees...
read moreAAA Auto reportedly seeking partnership with Rolf Group in Russia
September 15, 2011 | 11:54pm CEToriginalRolf Group operates a used car ship network, Bluefish. Both companies lead talks, more options are taken into account. Situation on the used-car market...
read moreSuzuki intends to end alliance with Volkswagen, asking it to purchase stakes
September 15, 2011 | 11:45pm CEToriginalVolkswagen has refused the sale of the stake and is still interested in the cooperation. However, the partnership has not shown any output for two years. Details...
read morePSA Peugeot Citroen cut car production in many plants in Europe
September 15, 2011 | 03:37am CEToriginalThe reason is again a failure of supplies of components, which are delivered by a single supplier. Contractor, reasons for the shutdown, component, factories concerned including the Czech Republic and Slovakia...
read moreJohnson Controls completed construction of its new Czech plant near Zatec
September 15, 2011 | 02:57am CEToriginalThe factory will start production for Skoda Auto with 40 employees in July 2012. The head of the plant has become...
read moreGestamp intends to start production in Czech Rep in March 2012
September 15, 2011 | 02:47am CEToriginalThe company is now completing construction of its plant near Zatec and is looking for technical specialists and manufacturing workers. Details of HR plans...
read moreSkoFIN began selling cars seized from leasing through online auction
September 14, 2011 | 05:37am CEToriginalAs a partner SkoFIN chose Porsche Inter Auto. Details of the cooperation, access to auctions, auction dates...
read moreOnboard.cz began selling black boxes for cars with Axa Assistance services in Czech Rep
September 14, 2011 | 05:24am CEToriginalPrices for cars, trucks and buses; the insurance limits; help for drivers, police and insurance companies; details of onboard cameras and services...
read moreVolkswagen to apparently use its options to take Porsche AG over
September 14, 2011 | 05:09am CEToriginalVolkswagen originally planned a merger with the parent company Porsche Automobil Holding SE, which is a majority owner of Porsche AG. The option can be used from...
read moreFehrer Automotive increases production in Czech Rep, moving there part of production from abroad
September 13, 2011 | 04:59am CEToriginalDetails of the strategy, replacement of the technology of seat production in one of the Czech plants, new orders, development of Fehrer Bohemia’s turnover...
read moreAxa Assistance started to provide tire insurance at Tomket’s e-shop in Czech Rep and Slovakia
September 13, 2011 | 04:55am CEToriginalThe collaboration concerns the e-shop Nejlevnejsipneu.cz and includes assistance services. Conditions, indemnity limits, period of insurance, details...
read moreJakub Hodanek became new sales and marketing director of Europ Assistance in Czech Rep and Slovakia
September 13, 2011 | 04:28am CEToriginalHe replaced Vladimir Fuchs in the position, who was appointed general manager of the company. Hodanek’s previous locations...
read moreDalibor Slivinsky left Scania Czech Republic after less than a year
September 13, 2011 | 04:19am CEToriginalHe was replaced by Pavel Prostrednik in management of the Prague dealership, who left the MAN importer after 11 years...
read moreSwedish trade unions filed proposal for Saab’s bankruptcy
September 13, 2011 | 04:14am CEToriginalSaab received a bridge loan of EUR 70 million, which should help it in an appeal against a refusal of protection from creditors...
read moreTatra to start production of Phoenix in October, wants to produce over 1,000 trucks in 2012
September 13, 2011 | 04:09am CEToriginalSales regions, the choice of DAF’s dealer partners, price of the model, technical characteristics, differences compared to competition...
read moreArcelorMittal to build third plant in Slovakia and expand body parts production there
September 12, 2011 | 02:35am CEToriginalLocation, investment and its reasons, the size of the factory, the character of production, HR, the date of construction and start of production, customers...
read moreSaab to submit new application for protection from creditors to another court
September 11, 2011 | 11:35pm CEToriginalThe carmaker wants to prevent the unions from their intension to bring a suit for the company’s bankruptcy. According to analysts, Saab is before the end of its existence...
read moreVolkswagen postpones merger with Porsche, planning to make it otherwise
September 11, 2011 | 11:16pm CEToriginalIt is caused by unresolved legal issues and investigations of former top managers of Porsche. Details...
read moreJohnson Controls has big plans with new Czech plant in Zatec
September 9, 2011 | 03:16am CEToriginalSoon the company will start production in the first hall and by 2014 it wants to quadruple the plant, quintuple production and triple staff. Components for Skoda Auto...
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