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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
Police ended strike in Yoosung Enterprise, production of Hyundai and Kia cars to return to standard operation
May 26, 2011 | 02:51am CEToriginalProduction of diesel engines has been resumed on Wednesday, car production returns to its standard operation on Thursday. Number of non-produced cars...
read moreJan Prochazka left Skoda Auto after 14 years in order to lead VW Commercial Vehicles in Czech Rep
May 26, 2011 | 02:41am CEToriginalProchazka came to Import Volkswagen Group from the position of the head of international sales strategy at Skoda Auto. His predecessor...
read moreHyundai Motor stopped production of diesel engines in Korea, production of petrol engines in danger
May 25, 2011 | 05:35am CEToriginalThis has already paralyzed production of some Hyundai and Kia models, other models are in danger. The affected models...
read moreAZ Mobility launched online purchasing system of cars in Czech Rep, Mobility Aukce
May 24, 2011 | 04:44am CEToriginalTherefore, companies can achieve an optimal bid by envelope or auction. Cooperation with dealers, consumer version, fees...
read moreProduction of carmakers Hyundai and Kia in Korea threatened by strike of domestic supplier Yoosung Enterprise
May 24, 2011 | 04:38am CEToriginalYoosung delivers piston rings to other automakers, too. The current stock of the part at Hyundai and Kia...
read moreUniCredit Leasing agreed on brand financing of Schmitz semitrailers in Czech Rep
May 24, 2011 | 04:27am CEToriginalFinancial leasing LeaseTruck with free mobility insurance for 3 years will also be offered under the brand EWT Finance…
read moreCEZ to select two partners in charging station tender
May 23, 2011 | 02:34am CEToriginalThe number of candidates for the contract and registered companies, the date of its publication, the system of payments for electricity, the standard of outlets, rental of Peugeot iOn by ALD Automotive...
read moreE-mobile Prague in 2011: Three energy companies, CZK 10 million budget, 22 charging stations, 17 EVs
May 23, 2011 | 02:30am CEToriginalThe location of the charging stations, EVs delivered to city organizations within a month, the tender for the EVs...
read moreHP Pelzer wants to expand one of Czech plants
May 19, 2011 | 10:02pm CEToriginalThe company has four plants in the Czech Republic and intends to build a new hall and to install five lines in one of them. Location, details of the investment, new jobs, customers...
read moreRentsch Legal: Three companies interested in Czech dealership Auto-Staiger
May 19, 2011 | 09:27pm CEToriginalThe best offer was submitted by Autocentrum Sterboholy. The value of the transaction, future of the showroom in Prague 10...
read moreSkoda Auto to produce futhermore cars in Vrchlabi besides DSG gearbox
May 19, 2011 | 09:12pm CEToriginalThe transfer of production of the Roomster from Vrchlabi elsewhere will be decided, depending on how well production of DSG will go. Welding of the Yeti...
read moreSlovakia’s Ministry of Interior prepares tender for more than 2,000 cars and microbuses
May 19, 2011 | 09:00pm CEToriginalDivision and volume of orders, categories and the use of vehicles, the length of the framework agreement, some current suppliers...
read moreAimtec holds conference on logistics in automotive industry in Brno in mid-June
May 19, 2011 | 08:46pm CEToriginalAmong the speakers will be executives of SAS, Odette, Bosch, Tokai Rika and KYB. Details of the event, last year’s participants...
read moreGreco JLT prepares expansion in online sale of insurance in Central Europe
May 19, 2011 | 01:13am CEToriginalGreco Direct is going to enter Slovakia, Top-Pojisteni.cz is going to compare other insurance products in the Czech Republic. Comparison of damage liability in Central European markets...
read moreCare Car entered car sales, changed brand after almost one year and entered another city in Czech Rep
May 19, 2011 | 01:05am CEToriginalThis provider of operating leases has changed Hyundai for Kia. A new showroom, sales plans for 2011, fleet customers...
read morePorsche considers production overseas, reportedly in U.S. and China
May 19, 2011 | 12:45am CEToriginalThe reason is a strong sales growth, which reached more than 50% in April. No decision on the foreign production has been made yet...
read moreToyota’s car production in Europe to return to its standard as of June 1
May 19, 2011 | 12:33am CEToriginalDespite the temporary restricted production and supplies due to an earthquake, the carmaker wants to increase sales on the European market…
read moreMuller: Saab might resume production next week
May 18, 2011 | 05:15am CEToriginalMeanwhile, there is no exact date of production start, the date will depend on the outcome of negotiations with suppliers...
read moreJohnson Controls to build sixth plant for car parts in Czech Rep
May 16, 2011 | 11:47pm CEToriginalThe considered and confirmed location, the nature of production, two phases of the construction, commencement of manufacture, recruitment of employees, customers...
read moreLong-time head of Carlife on Czech market Andrew Quirke to lead QBE in Czech Rep
May 16, 2011 | 11:04pm CEToriginalMost recently, Quirke has worked as sales director of the QBE Product Protection Division for Central Europe. His predecessor...
read moreSkoda Auto plans to significantly expand plant in Kvasiny
May 16, 2011 | 10:40pm CEToriginalThere are several options taken into account, including production capacity and number of employees doubling, the introduction of production of certain group models...
read moreKamax increasing production in Czech Rep, preparing construction of new logistics centre
May 16, 2011 | 10:28pm CEToriginalThe manufacturer of screws for cars and commercial vehicles plans to employ up to 300 people there. Details of the investment, customers...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read moreSpyker agreed to rescue Saab with another Chinese investor, car distributor Pangda
May 16, 2011 | 09:54pm CEToriginalHowever, the transaction must be approved by a number of institutions and GM. Details of the investment worth EUR 110 million from a Chinese company, which gained IPO in April...
read moreITT Corporation aims to expand production of brake pads for cars in Czech Rep
May 15, 2011 | 11:24pm CEToriginalThe company plans to expand its plant in Ostrava, and install new production lines. Details of the increased capacities and number of employees, customers...
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