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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
Faurecia to expand one of Slovak plants
August 3, 2011 | 01:51am CEToriginalThe company has six plants in Slovakia, to invest EUR 11.5 million in one of them and engage 150 new employees. The nature and growth of production, customers...
read moreBrisk won contract from Volkswagen on new line of engines produced from 2012
August 3, 2011 | 01:43am CEToriginalThe character of parts, an alternative supplier, plans by 2013, efforts of Skoda to acquire production of one group engine, orders for AvtoVAZ...
read moreDAF to buy 19% stake in Tatra, supplying it with cabins and engines for new range of trucks
August 3, 2011 | 01:29am CEToriginalSharing of dealer networks, introduction of a new model with all-wheel drive, financing from Paccar Financial Services, sales in H1...
read moreJuricek (Brano): Carmakers pushed prices of components by 10-20% in crisis
August 3, 2011 | 01:20am CEToriginalNew development projects of Brano Group (plastic jack, lead-free battery to frost) and new contracts for Skoda, Fiat, Alfa Romeo...
read moreDAS Corporation to produce outside Asia, opening plant in Czech Rep
August 2, 2011 | 02:00am CEToriginalThe company thus wants to be closer to the main client of Hyundai-Kia. Location, the plant size, jobs, production start, customers...
read moreEurop Assistance started providing assistance services for vehicles insured with Wustenrot in Czech Rep
August 2, 2011 | 01:52am CEToriginalEurop Assistance has thus substituted Mondial Assistance. The categories of vehicles, number of cars covered...
read moreUpcoming laws to worsen legalization and sale of stolen cars in Czech Rep
August 2, 2011 | 01:46am CEToriginalNotarized power of attorney, personal presence or electronic signature when changing owners, pre-registration inspection of the originality...
read moreCzech factory of Hutchinson hit by fire, production should be safe
August 1, 2011 | 04:22am CEToriginalTime, cause and extent of the fire; estimated damage; customers...
read moreKlein & Blazek unable to produce enough, preferring long-term customers
August 1, 2011 | 04:10am CEToriginalThis Czech automotive supplier hired 150 new employees after the crisis. Customers...
read moreFranz Gruber moved from Czech Rep to Germany within Bosch Group
July 29, 2011 | 05:12am CEToriginalHermann Butz, who came from Turkey, became the new head and business director of a plant in Jihlava. Gruber's new location...
read moreFacilities of Czech bankrupt company Hacar to be put up for auction in September again
July 29, 2011 | 05:04am CEToriginalThese are two factory premises in Hradec Kralove and Horice. Parameters of the complexes, the new starting price reduced by 20%...
read moreHanwha wants to invest up to EUR 160 million in Czech Rep, doubling local plant now
July 28, 2011 | 01:07am CEToriginalImplementation of the next two phases of development, details of the plan, jobs, product portfolio, customers...
read moreUnifinance: L.A.F. sold factory in Liberec for 16% of residual value, considers complaint
July 28, 2011 | 01:00am CEToriginalThe plant for production of parts for cars, trucks and buses was bought by Gall, which has the same owner. Insolvency proceeding...
read moreJiri Moravek retired from CSOB Pojistovna
July 28, 2011 | 12:27am CEToriginalMichal Kanera became new Vice Chairman. The position of Deputy Director General...
read moreHome Credit expanded number of partners of Premia program by BestDrive and Autoturist
July 28, 2011 | 12:23am CEToriginalThese then joined companies AAA Auto, EuroOil, Auto Kelly or Ceska pojistovna. Details of discounts for purchases by Premia credit card...
read moreKorean employees threaten Hyundai Motor with strike
July 28, 2011 | 12:16am CEToriginalThe company has failed to reach a wage agreement with labor unions before company-wide holidays; its subsidiary Kia is in a similar situation…
read morePrices of new cars in EU increased by 0.3% in 2010, in real terms they fell by 2.5%
July 27, 2011 | 05:13am CEToriginalAs for Slovakia, nominal prices fell by 14.2%, real ones by 17.4%. In the Czech Republic the drop amounted to 7.1%, or more precisely to 9%. Data for other EU countries, prices of maintenance and repairs...
read moreSaab facing with lack of money for wages second month already
July 27, 2011 | 04:59am CEToriginalThe carmaker has not received funds with which it calculated. Number of employees concerned...
read moreJohnson Controls aims to produce li-ion batteries in Europe, probably in Germany or Czech Rep
July 26, 2011 | 01:13am CEToriginalConsidered options and locations, the seventh plant for car parts in the Czech Republic being planned, the size of the project, the state of negotiations...
read moreHelicar changed fuel supplier, Shell succeeded in tender
July 26, 2011 | 01:01am CEToriginalThe financial savings, the use of fuel cards euroShell Card, the expansion of services, fleet, references, the investor’s entry in the company...
read moreAuto-Exner is still for sale, whole company or individual activities
July 25, 2011 | 01:57am CEToriginalThis Czech dealer of Aston Martin and Volkswagen Group brands reportedly negotiates with two entities. Change of the position of executive...
read moreHyundai chose new PR manager in Czech Rep
July 25, 2011 | 01:23am CEToriginalAfter a year, Hana Holcova was replaced by Milos Adamek, who has previously worked outside the automotive industry...
read moreCEZ does not intend to convert entire fleet on operating lease
July 21, 2011 | 11:45pm CEToriginalBrands, numbers of cars, satisfaction, changes; expenditure on purchasing, leasing, maintenance, repairs, fuel in 2010; age and frequency of fleet replacement...
read moreLow price level in Czech Rep pushed non-premium brand dealer’s margins to even zero
July 21, 2011 | 11:24pm CEToriginalSome sell new cars without margins and they only prefer volume bonuses from carmakers. Effects on dealer licenses...
read moreALD Automotive agreed on providing branded operative lease in Czech Rep with PSA Peugeot Citroen
July 21, 2011 | 11:09pm CEToriginalThe cooperation of these French companies also applies to electric Peugeot iOn and Citroen C-Zero. Details...
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