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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
Saab postponed production renewal to August 9
July 8, 2011 | 04:09am CEToriginalThis is due to ongoing negotiations with suppliers, the need for a longer time to restore supplies, and a two-week company holiday...
read morePavel Senych left Shell after 19 years, having not agreed on new contract
July 7, 2011 | 01:15am CEToriginalHis post of the head of Shell in the Czech Republic was acquired by Petr Prazsky. The circumstances of departure of Senych, the employment history of Prazsky...
read moreVolkswagen increased its stake in MAN to 53.7%, acquired 55.9% of voting rights
July 7, 2011 | 01:01am CEToriginalBy this act the truck giant will arise including companies MAN, Scania and VW truck division. Approval of the merger from the European Commission...
read moreContinental aims to invest EUR 130 million in Slovakia
July 1, 2011 | 12:22am CEToriginalThe investment should create over 300 jobs. The application for investment incentives, the nature of production...
read moreBretislav Dolejsi switched from Kia Motors Czech to Autobond
July 1, 2011 | 12:15am CEToriginalAt the same time the dealer of seven brands in six Czech cities named new managing director and commercial director. Details...
read moreHead of Toyota Motor in Czech Rep and Slovakia Tsutomu Otsubo took on responsibility for Poland after four years
July 1, 2011 | 12:02am CEToriginalThe current president of Toyota Motor Poland Tetsuya Takenaka has held the position since January 2009...
read moreSaab acquired bridge loan of EUR 25 million and paid wages owed
June 30, 2011 | 11:39pm CEToriginalThe carmaker has thus secured EUR 66 million over the past week. Details of the loan, the term of restoration of production...
read moreAllianz to change structure of sales department in Czech Rep
June 30, 2011 | 12:59am CEToriginalTomas Vysoudil, who has had long experience from the insurer Ceska pojistovna, will lead the office from the position of commercial director...
read moreFiat to supply another diesel engine to Suzuki
June 30, 2011 | 12:53am CEToriginalThe aggregates 1.3 DDiS and 2.0 DDiS will have a follow-up of the 1.6L engine, which will be used by the new Suzuki model in Hungary as of 2013...
read moreSaab received order for 682 cars from China and agreed to sell real estate
June 30, 2011 | 12:45am CEToriginalThe amounts of both transactions should help the carmaker to pay due wages and resume production. Details...
read moreAuto Palace Group wants to increase new car sales by 30% in Czech Rep by 2013 and used cars by 100%
June 29, 2011 | 07:55am CEToriginalAt the same time, it plans to expand its portfolio for one or two brands in a one-year horizon. The plan to increase profitability...
read moreSkoda Auto wants to fasten sales in Czech Rep, strengthening its organizational unit of Region 1 - Czech Republic
June 28, 2011 | 02:13am CEToriginalPetr Lehky was replaced by Petr Pecenka, the sales director became Martin Feller. Details...
read moreHella considering expansion of production capacities in Czech Rep
June 28, 2011 | 01:56am CEToriginalHella Autotechnik also intends to install a new paint line, broaden its logistics centre and strengthen development. Customers, EU-funded projects...
read moreHouse of England terminated dealer contract with importer Jaguar Land Rover Austria after year and half and filed action
June 28, 2011 | 01:44am CEToriginalReasons for the termination of cooperation, the required compensation, sales results, statements from both sides...
read morePorsche Holding plans further expansion under new owner in Czech Rep
June 28, 2011 | 01:29am CEToriginalPorsche Inter Auto CZ has been considering its entry into other cities and it foresees the creation of several hundred new jobs by 2015...
read moreCitroen exchanged provider of assistance services in Czech Rep and Slovakia
June 28, 2011 | 01:14am CEToriginalThe Czech company Autoklub Bohemia Assistance (ABA) was replaced by Europ Assistance. Europ Assistance and Citroen have thus expanded their cooperation...
read moreDaechang Seat secured land for its new plant in Czech Rep
June 28, 2011 | 01:04am CEToriginalDeliveries for the Czech plant of Hyundai and Slovak plant of Kia, location, price of the land, construction and production starting dates...
read moreLouwman started operating in another town in Czech Rep
June 28, 2011 | 12:59am CEToriginalHowever, the company has decided on a cheaper alternative form of showroom rental in the shopping centre. Location, brand, similar activities...
read moreOndrej Behal launched another comparative portal in Czech Rep
June 28, 2011 | 12:52am CEToriginalThe portal Vybermiauto.cz was extended by a calculator of beneficial purchase of diesel or petrol engines. Details of the cooperation with Direct Pojistovna and Top-Pojisteni.cz...
read moreAnnouncement of winner of Ceska posta tender for supplier of 350 vans delayed again
June 27, 2011 | 05:28am CEToriginalThe renewal of one fourth of Ceska posta van fleet is thus moved for another six months. The current reasons for the delay, order parameters and history...
read moreFiat Group to expand dealer network for Lancia and Jeep in Czech Rep
June 27, 2011 | 05:10am CEToriginalThe reason is the growing offer of models in Europe. The dealer network will double by the end of 2011. Current and future partners...
read moreTapsikova: SkoFIN wants to fund 40% of newly sold Volkswagen Group cars by 2018
June 27, 2011 | 04:57am CEToriginalPlans for 2011, financial stability, considered renaming of the company, solar collectors at showrooms, financing of small-volume brands...
read moreFiat introduced Abarth brand to Czech market, first dealership was opened in Prague
June 27, 2011 | 04:38am CEToriginalThere are three models based on the Fiat 500 and Fiat Punto Evo in the offer. Specifications and prices, sales plan for 2011...
read moreFacilities of Czech bankrupt company Hacar were not bought in auctions
June 27, 2011 | 04:33am CEToriginalThese are two factory premises in Hradec Kralove and Horice. The number of participants, the next auction, the new starting price...
read moreAviva to sell assistance service RAC to investment company Carlyle
June 27, 2011 | 04:28am CEToriginalAfter the sale RAC and Aviva will continue in business relations in the motor vehicle insurance and damage coverage. The volume of transaction...
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Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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