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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
Petr Taborsky went from Czech importer of Seat to A. Charouz Motors dealership
March 31, 2011 | 03:04am CEToriginalHolding a post of managing director, he will be responsible for new brands Jaguar and Land Rover...
read moreHonda to limit production in U.S. and Canada due to lack of parts
March 31, 2011 | 02:46am CEToriginalThe forward buying of parts at Toyota dealers, decreased production of Renault and Nissan in continental Asia, re-assessment of the structure of the supply chain...
read moreProduction of Saab’s Swedish factory disrupted by supply problems on Tuesday
March 31, 2011 | 02:30am CEToriginalAccording to its parent company Spyker, it was caused by the company’s carrier, according to the media and the Association of FKG unpaid bills at suppliers...
read moreA. Charouz Motors moved sale of Cadillac, Corvette, Spyker and Wiesmann brands again in Prague
March 30, 2011 | 03:03am CEToriginalAt the same time, the company ceased the sale of Hummer cars. It closed its showroom in Prague 10 after a year and moved the sale of these brands into...
read morePatrick Fejtek left Import Volkswagen Group after 12 years
March 30, 2011 | 02:48am CEToriginalAt the Czech subsidiary of Volkswagen he worked within the brands Seat, Auto-plus and recently he has led a division of Volkswagen Commercial Vehicles. His successor...
read moreEMD consultants provides external communication in AAA Auto as of March
March 30, 2011 | 02:14am CEToriginalThe company should expand activities of the existing AAA Auto PR team. The number of PR agencies in the tender, the history of external communications at AAA Auto...
read moreSkoda Auto registering first problem with component supplies from Japan
March 29, 2011 | 03:43am CEToriginalThese chips are intended for air conditioning. According to the company, the production is not at risk, although the supplies of chips should be apparently sufficient for...
read moreSaab’s head Jan Ake Jonsson leaves office in May
March 29, 2011 | 03:25am CEToriginalJonsson will be temporary replaced by CEO of the parent company Spyker, Victor Muller. Projected financial results in 2011, issuing of new shares...
read moreFord to shut down Belgium-based plant as precaution against components from Japan
March 29, 2011 | 02:59am CEToriginalThe planned shutdown of the production plant in Genk (for a few days), scheduled for May will be moved to April. Reduced orders on cars of certain colour...
read moreVladimir Antonov aims to regain stake in Spyker
March 28, 2011 | 02:56am CEToriginalA Russian businessman thus plans another acquisition after buying the production of exclusive sports cars from Spyker. Scheduled share and investment...
read moreTPCA to increase production from April, expects production of whole 2011 at level of 2010
March 25, 2011 | 04:01am CEToriginalThis will happen after six months from a slowdown in production. Reduction of cycle routes, taking on of new agency staff...
read moreManagement and unions at Skoda Auto still unable to agree on new collective agreement, strike threat increases
March 25, 2011 | 03:49am CEToriginalThe last round of negotiations will be held on March 30. Different proposals for wage increases, exchange models and other supplements...
read moreToyota warned of possible curtailment of production in North America
March 25, 2011 | 03:42am CEToriginalOn Monday, however, it will restore production of three HEVs in Japan. Honda has postponed a decision to renew production. The situation at Nissan Motor and GM...
read morePSA Peugeot Citroen begins limiting production in Europe due to earthquake in Japan
March 24, 2011 | 04:16am CEToriginalThe reason is a failure in the supply of components from Hitachi. The affected plants in France, Spain and Slovakia...
read moreDemand for mini-cars from TPCA down less than A-segment in Europe in 2010
March 24, 2011 | 03:33am CEToriginalBusiness and financial results in 2010, the development of the A-segment, personnel situation, the most popular model...
read moreFiat suspended investment of EUR 500 million in Turin plant
March 24, 2011 | 03:11am CEToriginalThe reason is a disagreement with the unions on a new collective agreement. However, for a former plant of Bertone the carmaker reckons with a new Maserati model...
read moreCredium to provide brand financing for Jaguar and Land Rover in Czech Rep
March 23, 2011 | 05:59am CEToriginalCooperation of automaker Jaguar Land Rover and financial group Credit Agricole will extend to another country in Europe. Details of cooperation...
read moreToyota Motor and Honda postponed recovery of car production in Japan
March 23, 2011 | 05:12am CEToriginalThe reason is the lack of components, as well as power outages and damaged roads. The situation in automakers Nissan Motor, Mitsubishi and Subaru...
read moreOpel must proceed to redundancies in Bochum after voluntary departures
March 23, 2011 | 04:55am CEToriginalThe program of voluntary departures was successful only in one-third. The number of workers who will have to forcibly retire...
read moreTrost opened central warehouse of automotive parts for Europe in Czech Rep
March 23, 2011 | 04:46am CEToriginalIt should gradually build up and the company should recruit new employees. Location, size of the warehouse, recruitment...
read moreCar production in Czech Rep up by 9.4% in 2010, similarly to production of components
March 23, 2011 | 04:38am CEToriginalSkoda Auto increased production by 9%, Hyundai by 69.6%, Avia by 69.6%, Tatra by 15.2%, SOR by 11.9%. Conversely, TPCA, Iveco and Tedom decreased production...
read moreAlphabet to enter CEE, having agreed to cooperate with UniCredit Leasing
March 22, 2011 | 04:31am CEToriginalFor UniCredit Leasing it means expanding cooperation with BMW Group from brand financing to fleet management. The countries concerned...
read moreSkoda Auto increased offer on wages, union rejected it again
March 22, 2011 | 04:20am CEToriginalAt the moment, there is the last round of negotiations under way, after which the unions will consider a strike. The increased offer of the company’s management, plants inclining to strike...
read moreHonda postponed production restoration in Japan to March 23, to be fully operating not earlier than in May
March 22, 2011 | 03:57am CEToriginalThe lack of parts caused by the earthquake has already affected GM in the U.S...
read moreNick Reilly to leave post of CEO at Opel
March 21, 2011 | 03:10am CEToriginalKarl-Friedrich Stracke will replace him in the position. Stracke´s previous job Reilly´s new one...
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