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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
Basic wages in Czech Hyundai plant to increase by 5%
May 2, 2011 | 01:41am CEToriginalThe company agreed with both trade unions on the new collective agreement after 16 rounds of negotiations. The increase of certain contributions and surcharges...
read moreOdometer downsizing to be offence in Czech Rep, fine of up to CZK 10 million
May 2, 2011 | 01:37am CEToriginalMinistry of Transport graduated the sanctions. The availability of MOT database, logging mileage to a technical card...
read moreSpyker Cars leading advanced talks with three Chinese carmakers, including Great Wall
May 2, 2011 | 01:27am CEToriginalThe company reported Q1 net loss of EUR 76.3 million and reduced Saab’s sales estimate for 2011...
read moreAutobond continues to expand in Czech Rep, to buy dealership in North Moravia
April 29, 2011 | 07:49am CEToriginalThe company will also expand its portfolio by a sixth brand and will enter into two new cities and dominate the subcontractor. Details of the subjects, the expected performance in 2012...
read moreSwedish debt office allowed Vladimir Antonov to acquire stake in Spyker Cars
April 29, 2011 | 07:43am CEToriginalThe businessman’s investment must also be approved the Swedish Government, EIB and GM. The amount of the investment, a stake in Spyker...
read moreNissan Micra extended fleet of car rental Sixt in Czech Rep
April 29, 2011 | 06:18am CEToriginalThe first cars were handed over in early April; the rest will be delivered by the end of 2011. The contract’s volume, model’s specification…
read moreTriglav agreed to cooperate with health insurer OZP in Czech Rep
April 29, 2011 | 06:03am CEToriginalTriglav has started offering discounts for non-life insurance of up to 50% to its clients, including the automobile insurance. Details of the discounts...
read moreTatra allegedly selling CKD kits to India under price, thus facing complaint
April 28, 2011 | 02:43am CEToriginalIt is said that an Indian shareholder is involved in the business. Tatra as well as the Czech state might suffer incurred loss. Details and comments of Tatra...
read moreToyota and Honda continue in reducing production abroad
April 28, 2011 | 02:36am CEToriginalCarmakers will reduce production in Brazil, Argentina and India. Details...
read moreIAC Group to move production for Opel Astra from Belgium to Czech Rep
April 27, 2011 | 03:30am CEToriginalThe reason is the model’s production shift from a closed factory in Antwerp to Poland. Production growth and new jobs in one of the Czech factories...
read moreT.Rad wants to expand production in Czech Rep
April 27, 2011 | 03:17am CEToriginalThe company plans to expand its plant in Unhost as well as double the number of its employees. It is caused by new contracts...
read moreAuto-Staiger to leave Czech Rep after 20 years, got rid of all three showrooms
April 26, 2011 | 04:41am CEToriginalOne was rented, the second leased one was returned back and the Czech subsidiary with the third showroom will be sold to a mid-sized dealer group...
read moreDenso wants to expand one of its Czech plants
April 26, 2011 | 04:19am CEToriginalIt intends to double the floor area, production and staff number there and run three shifts. The reason is the increasing demand of clients...
read moreTPCA agreed with unions on wage growth, new collective agreement negotiating continues
April 26, 2011 | 04:09am CEToriginalNegotiated salary increase and its components, evaluation of trade unions, the current wage amount...
read moreSwedish government apparently negotiated with Volvo Car about possible take-over of Saab
April 26, 2011 | 03:29am CEToriginalVolvo owned by Geely, however, refuted this information. According to Spyker, Saab is leading talks about a partnership with a number of Chinese carmakers...
read moreToyota Motor to fully restore production only during November and December
April 26, 2011 | 03:20am CEToriginalIn Japan, the carmaker would like to return to normal operation in July and abroad in August. The current shortfall in production...
read moreFormer Chrysler head in Czech Rep back in Daimler
April 22, 2011 | 05:41am CEToriginalGeorg Kendlbacher joined the newly created position at EvoBus Bohemia, where he will be responsible for...
read moreWitte is looking for specialists with help of virtual job fair in Czech Rep
April 22, 2011 | 05:28am CEToriginalWitte attracts applicants for employment in the plant in Nejdek by a virtual company tour. Details of both activities...
read moreSkoda Auto wants to extend workweek in another Czech plant in future
April 21, 2011 | 04:05am CEToriginalFor the plant in Kvasiny this measure will mean the adoption of new core and agency employees. The date of collective summer holidays…
read moreSungwoo Hitech wants to expand its plant in Czech Rep
April 21, 2011 | 03:50am CEToriginalIncreasing production capacity of car body parts, expansion of existing buildings, the date of implementation of the plan, new jobs, customers of the production...
read moreRear LED lights for Skoda cars manufactured in Czech Rep to possibly be from Chinese supplier
April 21, 2011 | 03:37am CEToriginalThe Octavia and the Superb, produced in China, already have rear LED lights. Supplier situation in this segment...
read moreStarcam wants to increase production of automotive engine heads in Czech Rep
April 21, 2011 | 03:25am CEToriginalThis joint venture of Nemak and Daimler is installing new technologies in an existing plant. The scope of the project, the term of implementation, new jobs...
read moreGrammer to open R&D center in Czech Rep
April 21, 2011 | 03:03am CEToriginalIt will start its activities simultaneously with the launch of new contracts in one of three Czech plants. A new Czech-German Euro-region to support the influx of grants and business...
read moreToyota Motor to limit production in China and expand limitations in North America
April 21, 2011 | 02:57am CEToriginalProduction in both regions will decrease by tens of percent. The scope and terms of the limitation...
read moreSkoda Auto to increase production in its Czech Kvasiny-based plant in Q3
April 20, 2011 | 12:24am CEToriginalThe carmaker has agreed with the unions to adapt the working week. Details of the agreement, the date of introduction, estimates of Yeti’s future production...
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