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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
Czech Post continues to electrify its fleet, renewing almost 2,000 vehicles in 2024. Company to receive 1,958 new vehicles (of which 250 baterry electric vehicles; 994 vans – 460 Opel, 130 Ford E-Transit 350 Base, 404 n/a; 964 cars – 652 Škoda Kamiq 1.0 TSI Fresh, 44 Škoda Karoq, 120 Škoda Enyaq 85 Clever, 148 n/a) for more than CZK 1 billion (EUR 40 million), and 2,600 used vehicles (Ford Transit 2008, Renault Kangoo Expres 2007, Škoda 2009-2010) to be retired from fleet. This change to bring average age of Czech Post fleet to under three years. Of these, 250 (BEVs) vehicles to be owned by Czech Post, rest to be operated under operational lease for 3 years or financial leasing for 6 years. Company also plans to purchase another 80 charging stations in addition to its 25, using subsidies
December 5, 2024 | 04:34pm CETflashread more
SMMT: New car registrations in UK down by 1.9% in November (vans up to 3.5 tonnes +10.5%; trucks up to 6 tonnes +93%)
December 5, 2024 | 04:22pm CETflashread more
J.D. Power, GlobalData confirmed 2024 global new light-vehicle sales outlook at 88 million units (+1.5%). There continues to be level of risk with vehicle demand in Q4, but increase in October eased some of concern, Schuster (GlobalData) said. Firms simultaneously cut 2025 forecast by 500,000 cars, vans from 91.1 million (+3.5%) to 90.6 million (+2.7%). Autos are poised for continued growth in 2025 as conditions improve in key markets, he added
December 4, 2024 | 05:48pm CETflashread more
Changes
R&D centre for automotive industry to grow in Roztoky near Prague
August 6, 2010 | 03:49am CEToriginalIt should deal with research and development of internal combustion engines, alternative drives or gearboxes. Investor, investment, execution time, space and personnel capacities...
read moreSome SOR city buses supplied to transport company in Prague have quality problem
August 6, 2010 | 03:38am CEToriginalIt should include several articulated buses within the giant contract for CZK 3.5 billion. Statement of the manufacturer and carrier, details...
read moreA. Charouz Motors opened new showroom for exclusive brands’ sale in Prague
August 6, 2010 | 03:21am CEToriginalThese include Cadillac, Corvette, Hummer, Spyker and Wiesmann, which the company previously offered in Pruhonice. Location, electric cars...
read moreFormer Citroen and Mitsubishi dealer Auto H.B. preparing sale of another brand
August 6, 2010 | 03:13am CEToriginalHowever, the company must deal with second insolvency proceedings at present. Creditors, the amount of debt, previous bankruptcy proceedings...
read moreMaruti Suzuki could produce cars for Volkswagen Group in India
August 6, 2010 | 02:38am CEToriginalParent company of the Maruti Suzuki is the Japanese carmaker Suzuki Motor, in which Volkswagen acquired a share in early 2010...
read moreHyundai Motor plans to increase production capacity in USA
August 6, 2010 | 02:12am CEToriginalThe carmaker could announce plans of the production increase during the month. The reason is increasing sale on the market, which should achieve in 2010...
read moreVolkswagen’s Russian plant resumed production
August 5, 2010 | 11:54pm CEToriginalThe productio shut down because of the massive fires in the country thus lasted only one day. The plant also produces Skoda cars...
read moreMartin Mitterwald left LeasePlan after 13 years
August 5, 2010 | 01:10am CEToriginalThe post of the Czech branch general manager is now vacant; as for the position of executive head, it has been taken by the chief of the Polish branch. Reasons for leaving...
read moreVolkswagen’s plant in Russia interrupted production due to fire
August 4, 2010 | 11:52pm CEToriginalThe Kaluga-based plant produces Skoda cars as well. According to the carmaker, it is a precautionary measure to protect workers...
read moreChina plans to invest over EUR 11 billion to support green cars by 2020
August 4, 2010 | 11:46pm CEToriginalThe money would be directed in particular to the development of green technologies. Other forms of sales of eco-friendly and low emission vehicles...
read moreCompetencies and duties of Martin Kofron in SkoFIN and CLFA to be taken over by his colleagues
August 4, 2010 | 03:46am CEToriginalIn CLFA it will be Jirina Tapsikova, in SkoFIN Tamara Janouskova and Ivana Hercova. Another direction of Kofron...
read moreSPL Recycling and Association of Glass prepared proposal for mandatory collection and recycling of automotive glass
August 4, 2010 | 03:37am CEToriginalThey plan to submit it to the new government. Possible schemes of the system, prepared amendment to the Waste Act, the EC legislation relating to the recyclability of vehicles...
read moreNissan preparing expansion in Czech Rep, personnel and dealer
August 3, 2010 | 05:30am CEToriginalIncrease of the market share should be supported by the return of Petr Ouska, the return to a higher number of dealerships and arrival of new managers...
read moreLower Saxony does not intend to reduce its stake in Volkswagen
August 3, 2010 | 01:44am CEToriginalThe state, however, plans to sell shares above 20% in Volkswagen in the event that its stake rises as a result of the merger with Porsche...
read moreGeely completed takeover of Volvo Car, paid less
August 3, 2010 | 12:50am CEToriginalThe company paid the carmaker Ford USD 1.3 billion in cash and USD 200 million in the form of promissory note. Another payment...
read moreVladimir Vosicky reinforced management of Hyundai Motor Czech
August 2, 2010 | 01:03am CEToriginalHe came to the new position of business director. Vosicky’s competencies and a change of competencies of president Kenny Lee...
read moreSPL Recycling innovated system of collection of windshields for recycling in Czech Rep
August 2, 2010 | 12:43am CEToriginalThose can now be deposited for recycling at Skoda dealers. In 2009, thanks to this the company increased volume of processed windshields by 90% to...
read moreAuto Motol Beni opened new Ford showroom in Orech near Prague
August 2, 2010 | 12:21am CEToriginalIt is the third showroom of the company. AMB Prague showroom will be the main business premises and will include the Transit Center. At the same time, the company redesigned website...
read moreNissan appointed two country managers for Czech Republic and Slovakia
August 1, 2010 | 11:52pm CEToriginalSo far, it has been only one, i.e. Dominik Slusarczyk. Careers of both new country managers Petr Ouska and Vladimir Holik, a new position of Slusarczyk...
read moreChrysler not to close plant in Detroit, on the contrary to engage 900 new employees
August 1, 2010 | 11:46pm CEToriginalThe term of establishing a second shift, performance of the models Dodge Avenger facelift and Chrysler Sebring facelift...
read moreChina approved takeover of Volvo Car by Chinese carmaker Geely
July 29, 2010 | 05:42pm CEToriginalThis is the final administrative step since the acquisition was approved by the European Commission in early July. Geely can start investing...
read moreIsuzu Motors to postpone entry of pickups to Slovakia in 2011, number of dealers in Czech Rep increased
July 29, 2010 | 01:25am CEToriginalPlans with the dealer network in both countries, sales plans for 2010 and 2011, results from the first dealer Autotip-servis...
read moreBorgers to buy plot with two halls in Rokycany
July 29, 2010 | 01:03am CEToriginalIts development company will revive a brownfield site there, for which the company will pay less than the estimated cost was due to the crisis...
read moreSOR Libchavy wants to increase bus production and sales by 15% in 2010
July 29, 2010 | 12:38am CEToriginalThe results of 2009, a hybrid bus, a prototype of electric bus, technical, operational and financial parameters, component suppliers...
read moreGreat Britain to support sales of electric car for year and half
July 29, 2010 | 12:24am CEToriginalWhen buying a car with electric drive, Britons will be able to obtain a bonus of up to GBP 5,000. For the program the government will earmark an amount lesser than for the scrap bonus...
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