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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
Audi to invest EUR 900 million in assembly plant transition to manufacturing in Hungary
September 24, 2010 | 06:12am CEToriginalIt will create 1,800 new jobs. A transfer of part of the A3 model’s production to Hungary, the production plan for 2015...
read moreTatra to dismiss 180 employees, reportedly up to 500 people
September 24, 2010 | 05:54am CEToriginalHowever, they rae not going to get a written promise of re-accepting as in 2009. The time schedule and current status of orders...
read moreCzech plant of Toyota and PSA to reduce production from October, feeling end of scrappage scheme
September 23, 2010 | 04:47am CEToriginalThe situation will not affect permanent staff. Therefore, TPCA will produce by 10% fewer Peugeot 107, Citroen C1 and Toyota Aygo cars y/y...
read moreBridgestone to increase price of tires by 3 to 6% in Europe in October
September 23, 2010 | 04:39am CEToriginalThe reason is the rising cost of materials, as well as maximum utilization of European plants and new investments in Eastern Europe. Further price increase in 2011...
read moreSmeral Brno to supply machine for cross wedge rolling to carmaker Skoda Auto
September 23, 2010 | 04:24am CEToriginalDetails of the machine, other references, business results, profit in 2009 and expectations for 2010...
read moreOpel to invest EUR 500 million in expansion of engines production in Hungary
September 22, 2010 | 02:53am CEToriginalGM Powertrain will place the production of new downsizing Euro 6 engines there. The production initiation, deliveries to factories and models, the production expansion of Audi in the country...
read moreFoundry production in Czech Rep rose by 10% in H1, similar growth expected for full year 2010
September 22, 2010 | 02:10am CEToriginalThe market has thus recovered after the 25% decline in 2009. Savings, increased automation and job position merging reduces the number of workers in the field...
read moreTatra to start seeking licencing partners for chassis supplies
September 21, 2010 | 03:42am CEToriginalSimultaneously, the Czech truck manufacturer wants to strengthen sales for commercial purposes. New territories, new orders, schedules...
read moreHyundai began to produce its all-new ix20 in Czech Rep, sales to start in October
September 21, 2010 | 03:17am CEToriginalMain competitors, its basic price, the expected production of the Nosovice-based plant in 2010 and 2011, production of individual models...
read moreSome French and Italian carmakers trying to achieve four-month invoice maturity at their suppliers
September 21, 2010 | 03:02am CEToriginalThey are then facing a secondary insolvency. Requesting a discount for a shorter maturity at Skoda Auto, trouble-free carmakers...
read moreVahland: Skoda Auto to double production by 2020
September 20, 2010 | 03:50am CEToriginalThe carmaker is going to put three new models on the market a year, to reduce the introduction time, to enter new markets and it aims to reach annual sales of 2 million cars in...
read moreAustrian fast service network Fastbox to expand abroad, entering Czech Rep
September 20, 2010 | 03:31am CEToriginalThe company took over the premises of Halfords there and, moreover, it plans to open more service shops with car accessories sale. Service results in 2009, partners, plans for the Czech market...
read moreTogether with Winfried Vahland another manager came to Skoda Auto
September 17, 2010 | 01:40am CEToriginalRudolf Dreithaler has returned to the Czech Republic after a few years. His new-old position at Skoda Auto, the related personnel changes...
read moreInvelt began to repair car overnight, preparing pick-up service
September 17, 2010 | 01:29am CEToriginalWhile the Overnight service will be free of charge, the Pick-up service will be for a fee. Details of the new services, the investments, sales results in 2009 and H1 2010...
read moreKofron Martin left SkoFIN to join KPMG
September 17, 2010 | 01:12am CEToriginalThis happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
read moreLeading Japanese and European automakers start to make greater use of South Korean suppliers
September 17, 2010 | 12:27am CEToriginalThus, they give them the impetus to expand abroad. The views of several analysts, supply situation for automakers BMW, Toyota and Mitsubishi...
read moreE-mobility development will be financed with EU money in Czech Rep
September 16, 2010 | 02:00am CEToriginalMinistry of Environment is preparing the conditions for drawing of funds from one operational programme. Launching, recipients of aid, the amount of money...
read moreCLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans
September 16, 2010 | 01:20am CEToriginalReporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
read moreRussia to increase funding for scrappage scheme by 70%
September 16, 2010 | 12:16am CEToriginalAdding another RUB 14 billion to the 20 billion earmarked so far will extend the program by...
read moreSuppliers: Skoda Auto to replace range of Czech components manufacturers with Chinese ones
September 15, 2010 | 02:51am CEToriginalThey are able to offer lower prices and high quality is not a priority for the Skoda brand according to Volkswagen’s new strategy. Exceptions...
read moreBenteler acquired contract from Volkswagen for New Small Family mini cars
September 15, 2010 | 02:39am CEToriginalCurrently, the company is deciding whether it will assign it to the Slovak plant Malacky or to some of the Czech plants...
read moreTili to help with e-mobility implementation in Czech Rep
September 15, 2010 | 02:29am CEToriginalThe first e-mobile office in Prague 13, cooperation with cities, a seminar held on September 16 in Prague, Open Days in Brussels, electric car Tazzari...
read moreCzech Foundry Association: China foundry companies aim to purchase Czech know-how
September 15, 2010 | 02:16am CEToriginalThey have been offering money for training and internships of their staff to the Czech companies. Alleged barter for contracts from the Expo fair in Shanghai, refusal to cooperate...
read moreCzech government began to solve issue of fraudulent speedometer manipulations
September 15, 2010 | 02:10am CEToriginalThere was an expert group appointed composing of 12 people who met last week. The representatives of the group, possible complications...
read moreDynavix expanding abroad, planning to enter markets outside Europe
September 15, 2010 | 01:34am CEToriginalAfter Slovakia and Poland, the company will sell navigations in Germany as well. Further expansion directions, voice commands from celebrities, special navigations for trucks...
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