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MNC Auto (Milan Král Holding/Group; Ford, Opel car, van dealer in České Budějovice, Czechia; revenues of CZK 282 million/EUR 11.2 million in 2023) closed Opel dealership (service remained). In released showroom, company opened AutoProTebe (Auto.pro.tebe, Car.for.you) used car shop, importing nearly-new vehicles from Germany and Netherlands
November 27, 2024 | 10:56am CETflashread more
AutoSAP: 20,472 (passenger) electric vehicles produced in Czechia in October (-12.9%; 15,548 battery electric vehicles, -3%, 4,924 plug-in hybrids, -34.2%), of which 20,460 cars (-13%; Škoda: 13,175 BEVs, +17.8%, 2,880 PHEVs, -40.5%; Hyundai: 2,361 BEVs, -51.3%, 2,044 PHEVs, -22.5%) and 12 buses (SOR: 2 BEVs; Škoda Electric: 0 BEVs; Iveco: 10 BEVs)
November 27, 2024 | 10:42am CETflashread more
Coface CEE Top 500 Ranking 2024: Automotive and transport industry (90 largest firms, +18 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 16.8% to EUR 193 billion in 2023 (2022: EUR 165 billion), but number of employees decreased by 0.3% to 405,600. Largest companies in sector include Škoda Auto (EUR 23.45 billion, +31%; 34,884 people, -1%), Volkswagen Slovakia (EUR 11.76 billion, +21%; 10,566, -3%), Audi Hungaria (EUR 9.1 billion, +8%; 12,766, -1%), Kia Slovakia (EUR 8.01 billion, +19%; 3,607, +1%), Hyundai Motor Manufacturing Czech (EUR 7.64 billion, +13%; 2,852, +5%), Volkswagen Poznań (EUR 5.74 billion, +14%; 9,824, +4%), Automobile-Dacia/Renault (EUR 5.23 billion, +1%; 11,457, -6%), Mercedes-Benz Manufacturing Hungary (EUR 5.08 billion, +28%; 4,765, -1%), Toyota Central Europe (EUR 4.94 billion, +30%; 107, -4 %), Volkswagen Group Polska (EUR 4.93 billion, +35%; 644, +4%), FCA Poland/Stellantis (EUR 3.54 billion, +33%; 2,326, +5%), MAN Trucks Sp. z o.o. (EUR 3.41 billion, +68%; 2,245, +48%), PCA Slovakia (EUR 3.28 billion, -10%; 3,072, -13%), Toyota Motor Manufacturing Czech Republic (EUR 2.98 billion, -5%; 3,228, -9%), Magyar Suzuki (EUR 2.87 billion, +34%; 2,937, +3%), Continental Barum (EUR 2.85 billion, +0%; 4,374, +1%), Ford Otosan Romania (EUR 2.75 billion, -2%; 5,581, +0%), Mercedes-Benz Manufacturing Poland (EUR 2.62 billion, +24%; 1,384, +4%), PKP Polskie Linie Kolejowe (EUR 2.59 billion, +17%; 41,415, -1%), Mobis Automotive Czech (EUR 2.53 billion, +35%; 1,485, +16%), Polskie Linie Lotnicze LOT (EUR 2.33 billion, +22%; 1,240, -3%), Mercedes-Benz Polska (EUR 2.09 billion, +21%; 158, +0%), Mobis Slovakia (EUR 1.98 billion, +10%; 2,136, -0%), Continental Automotive Czech Republic (EUR 1.89 billion, +2%; 5,042, -17%), Volkswagen Motor Polska (EUR 1.88 billion, +33%; 1,254, +2%), BMW Vertriebs GmbH Sp. z o.o. Oddział w Polsce (EUR 1.67 billion, +14%; 74, -4%), Robert Bosch SRL (EUR 1.64 billion, +16%; 5,875, +13%) and other firms of Volvo, Scania/Traton, Porsche/Volkswagen, Iveco/CNH, Solaris/CAF, Michelin, Autoliv, ZF, Tigar Tyres, Motherson, Valeo, Sungwoo, Schaeffler, BorgWarner, Faurecia/Forvia, Pirelli, Auto Partner, Hankook, Lear, Brembo, Adient, Denso, České dráhy, PKP Intercity, Raben, DPP, Amazon, Arcturus, Havi, Tallink, Wielton, Plichta, Waberer’s groups. High labour costs encourage businesses to be more open to automatization, robotization and higher productivity levels that come with this, Coface said
November 25, 2024 | 11:34am CETflashread more
ACEA: New car registrations in EU up by 1.1% in October (Volkswagen +12.6%; Stellantis -16.7%; Renault -0.4%; Hyundai -7.5%; Toyota +13.7%; BMW +0.8%; Mercedes-Benz +2.6%; Ford -13.6%; Volvo Cars +22.5%; Nissan -8%; Tesla -23.1%; SAIC -10%; Suzuki -10.5%; Mazda -12.8%; Jaguar Land Rover -22.1%; Honda -10.4%; Mitsubishi +8.6%), individual fuel/power types successful differently (BEV -4.9%, PHEV -7.9%, HEV+MHEV +19.8%, FCEV+NGV/CNG+LPG+biofuel/ethanol +2.5%, petrol -4.7%, diesel -10.8%)
November 25, 2024 | 11:25am CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 1.9% to 251,442 units (168,618 BEVs, +7%; 82,824 PHEVs, -7%) in October, representing 24.2% share in total registrations (penetration, +0.5pp). Škoda Enyaq (9,977 cars, +44%) was best-selling battery electric vehicle (BEV), followed by Tesla Model Y (8,795, -18%), Volkswagen ID.4 (6,894, +24%), Volvo EX30 (5,360, new) and VW ID.7 (5,330, new). Volvo XC60 (5,881, +57%) was best-selling plug-in hybrid (PHEV), followed by BMW X1 (4,619, +68%), VW Tiguan (4,181, +113%), Ford Kuga (3,298, -29%) and BMW X5 (2,377, +50%)
November 22, 2024 | 11:59am CETflashread more
Industry 4.0 in Practice 2024: National Industry Center 4.0 (NCP 4.0) to hold conference on cutting-edge projects for implementation of Industry 4.0 in Prague, Czechia on December 5 with tour of RICAIP Testbed Prague. Representatives of Škoda Auto, Forvia Hella, Maxion Wheels Czech, Vítkovice Cylinders, Partory Group, Spinbotics, Kinalisoft, SP ČR (Confederation of Industry and Transport of Czech Republic), ČSPÚ (Czech Maintenance Society), VŠB-TU to speak at event
November 22, 2024 | 11:47am CETflashread more
Volkswagen to close Audi plant in Brussels, Belgium (Q8 e-Tron, Q8 Sportback e-Tron; 596,570 sqm; 3,000 employees; 2023: 53,555 BEVs produced) by February 28, 2025, moving production to Mexico (San José Chiapa, Puebla; Q5; 460 hectares; 5,350 employees; 2023: 175,626 SUVs produced). Carmaker offered factory for sale, but none of 26 potential investors (Chinese automakers, commercial vehicle manufacturer) made decision. In June, Audi and Puebla state government said that carmaker to invest EUR 1 billion in electric vehicle projects in Puebla, creating 500 new jobs
November 22, 2024 | 11:41am CETflashread more
JATO Dynamics: Dacia Sandero (21,740 registered vehicles, -3%) was best-selling car in Europe (28 countries) in October, followed by Peugeot 208 (20,389, +40%), Volkswagen Tiguan (17,368, +72%), Renault Clio (16,987, +10%), Toyota Yaris Cross (16,542, +7%), VW Golf (16,455, +34%), Toyota Yaris (15,977, +46%), Kia Sportage (14,677, +8%), VW T-Roc (14,385, +8%) and Škoda Octavia (14,372, +16%). Overall market down by 0.1% to 1.04 million, led by Volkswagen, Toyota, Škoda, BMW, Mercedes, Peugeot, Renault, Audi, Dacia and Kia
November 21, 2024 | 03:47pm CETflashread more
European Hydrogen Week 2024: Representatives of Accelera by Cummins, ACEA, Air Liquide, Battolyser Systems, BloombergNEF, Clean Hydrogen Partnership, Dekra, Deloitte, DG MOVE, EBRD, Engie, EC (European Commission), EP (European Parliament), Greenlyte Carbon Technologies, Hydrogen Europe, Hypermotive, Hyvia, Iveco Bus, Linde, Orlen, Robert Bosch, ThyssenKrupp Nucera, Toyota Motor Europe, TÜV Nord, Uniper to speak at conference on hydrogen trends, technologies, projects in Brussels, Belgium (November 18-22)
November 21, 2024 | 03:36pm CETflashread more
Zebra Group (manufacturer of diesel, electric municipal vehicles with 25 employees in Prague and Hradec Králové, Czechia; over 850 vehicles produced for more than 330 customers since 2014; turnover of CZK 49 million/EUR 1.9 million in FY 2023) started to use financing from Venture Club (280-member investor club based in Prague, which in acquired 18% stake in Zebra Group for CZK 30 million/EUR 1.2 million in 2021-2022) in form of factoring of Zebra vehicle orders. From February to September, 25 vehicles financed through it, bringing total investment to almost CZK 50 million (EUR 2 million). Amounts for first 6 vehicles produced have also been successfully paid back to investors with fixed interest rate of 12-15%
November 20, 2024 | 01:58pm CETflashread more
VVA 2024: Tiyo to hold 16th seminar with subtitle 'DIY or golden Czech hands' to inspire current, future automotive developers in Lázně Bělohrad, Czechia on November 21. Representatives of Merkur Toys, Škoda Auto, Stavební geologie – Geosan (SG Geosan), CEITEC, CULS Prague Formula Racing, Faurecia Automotive Slovakia, Kostal Connectors, Sattelo, ÚJV Řež to speak at event
November 20, 2024 | 01:51pm CETflashread more
European Hydrogen Week 2024: European Commission (EC), Hydrogen Europe, Clean Hydrogen Partnership to hold conferences, exhibition, B2B forum, number of networking events on hydrogen trends, technologies, projects in Brussels, Belgium on November 18-22. Accelera by Cummins, AeroDelft, AGC Chemicals, Agfa-Gevaert, Air Products, Arthur Bus, Asahi Kasei, Ballard, Battolyser Systems, BMW, Bosch, Dynelectro, e-Mobil BW, FEV, Greenlyte Carbon Technologies, Hexagon Purus, Horizon Fuel Cell Europe, Hypermotive, Hyvia, Iveco Bus, Linde, Mitsubishi Corporation, Nippon, OPMobility, Orlen, RWE Generation, SSAB, ThyssenKrupp Nucera, Toyota Motor Europe, Uniper Hydrogen, Worthington Cylinders to join exhibition
November 20, 2024 | 01:45pm CETflashread more
Aleš Novák decided to leave Porsche Czech Republic (Porsche Holding Salzburg), devoting himself to his own business activities. Tomáš Navrátil, current SEAT's regional manager for Africa, Middle East and Turkey, to become new Head of SEAT and Cupra brands in Czechia on January 1, 2025
November 19, 2024 | 02:42pm CETflashread more
Changes
Schaeffler wants to build new plant in Eastern Europe
October 23, 2016 | 11:30pm CEToriginalThe locations considered, size, HR, negotiations with governments, decision, the growing importance of the region, investments, leading factories, R&D, back office...
read moreVolvo Car and Autoliv to jointly develop autonomous drive technologies
October 23, 2016 | 11:09pm CEToriginalPreliminary agreement on the joint venture, the headquarters, head, HR, timing, the sale of the technologies to other automakers...
read moreBrexit: UK risks losing production of Nissan Qashqai
October 20, 2016 | 11:40pm CEToriginalDeciding on the production of the third generation, the threat of halting investment in the Sunderland plant, the meeting of the automaker head and British Prime Minister...
read moreAudi and Daimler suffer from labour shortage in Hungary
October 20, 2016 | 11:26pm CEToriginalGerman automakers called on local authorities to enhance workforce mobility, improve transport infrastructure and conditions in the housing market. Collaboration with universities...
read moreAutoBinck appointed new head of Business Lease
October 19, 2016 | 11:43pm CEToriginalThe manager and his profile, timing, the former CEO of the leasing company operating in the Netherlands and CEE, operating leases for consumers...
read moreFolbrecht (Skoda): Half of cars might be sold with alternative drive in Europe in 2030
October 19, 2016 | 12:59am CEToriginalUpcoming CO2 fleet emission targets for the years 2025 and 2030, the experts’ estimates, depression of diesel engines, electricity and gas potential, McKinsey study...
read moreBednarz: Production of Tatra trucks to grow by tens of percent in 2016-2017
October 18, 2016 | 11:38pm CEToriginalResults in Q1-3, overcoming 2015, two- to three-shift operation by the department, HR, average wages, investment not only in manufacturing...
read moreHyundai Capital gained banking licence for EU
October 17, 2016 | 11:55pm CEToriginalHeadquarters of the European branch, capital, timing, financial and insurance services, website, first countries being expanded, current partners for funding of Hyundai and Kia brands, GE divestment...
read moreUnions: PSA prepares fourth wave of layoffs
October 17, 2016 | 11:38pm CEToriginalThe automaker has dismissed 17,000 employees since 2013. Location, timing, number of jobs, form of the departures, the alleged reasons (Brexit, diesel cars), profit in H1, dividends...
read moreEmil Frey closed dealership of another brand in Czech Rep
October 17, 2016 | 11:22pm CEToriginalBrand, location, reasons, related personnel changes, further showroom utilization, dealer situation in the region...
read moreAutotym began offering services for owners selling used car
October 14, 2016 | 02:23am CEToriginalTarget group, range and price, protocol, packages for buyers, outgoing sites, partners, the penetration of financing, business and financial results, personnel changes, a TV show, upcoming products...
read moreMorawiecki: Poland attracted automotive investment from US
October 14, 2016 | 02:09am CEToriginalThe country is leading talks about further investment with a Japanese carmaker. Daimler engine plant in Jawor...
read moreOsterloh: Volkswagen could cut jobs through early retirements
October 13, 2016 | 03:12am CEToriginalDiscussion about austerity measures at the main brand VW, details of the proposal for next 10 years...
read morePlan of Iveco Bus to build test track in Czech Rep complicated
October 11, 2016 | 11:46pm CEToriginalIt may not be able to be built in the originally planned location. Reasons, expansion of the Czech plant...
read moreRenault to strengthen position in AvtoVAZ
October 11, 2016 | 11:26pm CEToriginalDetails of the recapitalization of the Russian automaker, changes in shareholdings, outlook for the Russian car market in the years 2016-2017...
read moreVolvo Car wants to take 400 engineers
October 10, 2016 | 11:46pm CEToriginalIt intends to strengthen its efforts to develop safety technologies, autonomous driving and electrification. Locations, timing, new R&D centre...
read moreBNP Paribas expands its insurance company Greenval Insurance in Europe
October 10, 2016 | 03:35am CEToriginalEntry to the Czech and German markets, products, insurance portfolio, IT, collaboration with Arval, current business results in the Czech Republic, further expansion...
read moreVolvo and Uber to jointly develop self-driving cars
October 6, 2016 | 11:40pm CEToriginalThe amount of the investment, allocation in software and hardware, providing cars for testing, establishment of a lab, testing of autonomous taxi service, lobbying coalition in the United States...
read moreLG Chem chose location for its first European plant for EV batteries
October 6, 2016 | 02:58am CEToriginalCountry, amount of investment, capacity, HR, timing, profile of the current factory in Europe...
read moreToyoda Gosei to increase production in Europe
October 4, 2016 | 11:42pm CEToriginalExtension of the Czech plant, products, HR, timing, new orders for Japanese and European carmakers...
read moreUniqa SafeLine: Tens of thousands of drivers already decided for progressive insurance-assistance product
October 3, 2016 | 11:57pm CEToriginalDemand in Austria and the Czech Republic, functions (eCall, bCall, PAYD, monitoring, log book), versions and prices, discounts not only according to mileage, partners, special offer...
read moreRenault to expand production in Iran
October 3, 2016 | 11:45pm CEToriginalThe new joint venture, partner, the planned capacity of the plant, models, timing, sales in the country in 2015, PSA investment in Iran...
read morePay As You Drive: Skoda Auto considers branded insurance based on driver's behaviour and mileage
October 2, 2016 | 11:40pm CEToriginalIt is related to the introduction of Skoda Connect into their cars. Negotiations with insurance companies, benefits of the PAYD tariff, Skoda Insurance for newish cars, penetration...
read moreBosch plans further investment in Czech Rep
October 2, 2016 | 11:14pm CEToriginalLocation, extent and amount of investment in production and R&D, products, HR, application for an investment incentive...
read moreNew Toyota dealership opened in Czech Rep
October 2, 2016 | 11:01pm CEToriginalLocation, company and its other activities, business results in 2015, dealer situation in the given region...
read more
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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