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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
PFA: New car registrations in France down by 12.7% in November (vans up to 5.1 tonnes -16.2%; trucks -0.9%)
December 4, 2024 | 05:27pm CETflashread more
Libor Láznička decided to leave Continental after more than 30 years in April 2025. Tomáš Belza, former director of passenger tyre production (PLT), appointed as new tire plant manager in Otrokovice, Czechia (Continental Barum, Continental výroba pneumatik, Continental HT Tyres; 5,200 employees) on November 1
December 2, 2024 | 10:44am CETflashread more
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), expanding portfolio by two new brands (Mercedes, Ford). Transaction began to be assessed by Office for Protection of Competition (ÚOHS), it is largest acquisition in AutoWallis’s history
December 2, 2024 | 10:36am CETflashread more
Sales of new light vehicles in USA grew in November (J.D. Power/GlobalData: +11%; Cox Automotive: +6.6%; S&P Global Mobility: +6%)
December 2, 2024 | 10:28am CETflashread more
Emil Frey Group: František Neuman to become new director of used car sales in Czechia and Managing Director of EF Mobility (used car sales programs of distributed brands, Emil Frey Select, Autosphere.cz, 10 employees in Prague, wholesale sales of more than 1,400 used vehicles per year) on January 1, 2025, while remaining Head of Citroën in Czechia
November 29, 2024 | 01:59pm CETflashread more
Seznam Zprávy/Deloitte Czech Elite 2024: 100 most valuable Czech companies (under control of Czech owners) include ČEZ (estimated value: CZK 474 billion/EUR 18.8 billion, main owner: state), Pražská energetika/PRE (CZK 38 billion/EUR 1.5 billion, City of Prague), Eurowag/W.A.G. Payment Solutions (CZK 18 billion/EUR 712 million, Martin Vohánka), Čepro/EuroOil (CZK 14 billion/EUR 554 million, state), Brano (CZK 7.3 billion/EUR 289 million, Pavel Juříček), Škoda Group (CZK 5.8 billion/EUR 230 million, Renáta Kellnerová), Koh-i-noor (CZK 5 billion/EUR 198 million, Vlastislav Bříza), ICOM Transport (CZK 4.4 billion/EUR 174 million, Kateřina Kratochvílová), Auto Jarov (CZK 4.1 billion/EUR 162 million, Josef Fojtík)
November 29, 2024 | 01:42pm CETflashread more
SMMT: Car production in UK down by 15.3% y/y in October, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 3.9%
November 29, 2024 | 01:31pm CETflashread more
Changes
First service partner of Isuzu Trucks in Czech Rep assigned Hesti group
April 29, 2010 | 01:39am CEToriginalIts service locations in Prague, Hradec Kralove, and Plzen will therefore take an additional brand. Other service locations in Brno and Ostrava...
read moreEC: Number of cars to double by 2020 worldwide, electric cars await rapid development
April 28, 2010 | 11:36pm CEToriginalThe EC wants to encourage the green technologies more, to work for the extension of charging stations, to develop rules for providing incentives for purchases...
read moreGeneral Motors to invest USD 890 million in modernization of five motor plants
April 28, 2010 | 11:29pm CEToriginalThe investment will protect 1,600 jobs in North America. These factories should produce a new generation V8 engine designed for...
read moreGonow wants to double dealer network in Czech Rep and Slovakia
April 28, 2010 | 12:55am CEToriginalAt the same time the company is preparing to enter Poland, Hungary and Romania. Presentation at motor shows the region and the current dealer network...
read moreStaff approved plan for closing Belgian Opel factory in Antwerp
April 27, 2010 | 11:39pm CEToriginalMore than 75% of workers have given approval for the agreement, which opened the way for finding an investor for the plant...
read moreNew market in USA to markedly increase sales of electric trucks Smith Newton in 2010
April 27, 2010 | 02:15am CEToriginalThey are built on the chassis of the Czech truck manufacturer Avia. Sales in previous years and expectations for 2010...
read moreVolkswagen to increase investments in China by EUR 1.6 billion, to build two new plants there
April 26, 2010 | 11:58pm CEToriginalBetween 2010 and 2012, Volkswagen will thus invest a total of...
read moreSberbank agreed with GM on damages for non-implementation of Opel sale
April 26, 2010 | 11:49pm CEToriginalBoth companies, however, have not published details of the agreement, including the amount of money...
read moreSmith Electric aims to provide Avia and Ford electric vehicles in continental Europe
April 26, 2010 | 02:00am CEToriginalSmith and Avia have already started discussions on promoting the sale of electric cars with the governments of four European countries including the Czech Republic...
read moreIsuzu Trucks to set out for non-exclusive financing in Czech Rep
April 26, 2010 | 01:25am CEToriginalThe importer has been already agreed with two companies regarding the financing of Isuzu trucks, and there are talks under way with the third one. However, it is not against other partners...
read moreIsuzu Motors entered Czech Rep with trucks
April 23, 2010 | 12:53am CEToriginalIsuzu N-series, three weight versions, four wheelbases, engines, gearboxes, equipment, prices, warranty, sales and service network, extensions, target clientele...
read moreAvia prepares to enter South America, starting to test trucks in Argentina
April 23, 2010 | 12:25am CEToriginalThe aim is to gain approval, to convince the local partner to cooperate, to establish itself with diesel cars and later also with the CNG ones. The considered assembly...
read moreSkoda Auto to cease Octavia Tour production in Vrchlabi by end of 2010
April 22, 2010 | 11:56pm CEToriginalProduction of the Roomster will probably move from Kvasiny to Vrchlabi. The current daily production in Vrchlabi, production place of "Skoda Popular"...
read moreDirect Pojistovna started selling insurance through partners in Czech Rep
April 22, 2010 | 12:55am CEToriginalIt has been focusing on direct sale so far. Initially, it focused on used car dealers, but it aims to reach out to dealers and leasing companies as well. The initial partners are...
read moreAvia plans to assemble its trucks either at parent carmaker Ashok Leyland or external partner in Russia
April 22, 2010 | 12:49am CEToriginalHowever, it is not planning any joint venture. In 2010, it aims to sell at least 100 vehicles on the Russian market, and as for the future hundreds per year...
read moreAutomotive Industry Association improved car production outlook in Slovakia in 2010
April 21, 2010 | 11:43pm CEToriginalThe production increased by 40% in Q1, all carmakers were doing well. Effects on the production of Kia Motors Slovakia, PSA Trnava, and Volkswagen Slovakia...
read moreGM paid loans from governments of USA and Canada in advance
April 21, 2010 | 11:20pm CEToriginalIt has therefore prepared space for the reduction of government shares through public share offering, which could be implemented already in...
read moreAvia to increase production and sales several times in 2010, sales rose twice in Q1
April 21, 2010 | 02:56am CEToriginalMost of the production will go to new export markets such as Russia, Poland or Bulgaria, part of it as chassis for Smith Newton electric cars...
read morePwC: Car production in Czech Rep to fall by 1% in 2010, to grow by 7% in 2011
April 21, 2010 | 02:47am CEToriginalCar production will then surpass the level of 1 million units in 2012, according to PwC. In Q1 2010, production of cars to 3.5 tonnes went up by 29.6%. Individual manufacturers...
read moreIsuzu has returned to Czech market with its pickups, Campo replaced by new D-Max
April 21, 2010 | 02:26am CEToriginalThe importer led by Ivan Ruzicka, is now building the dealer network. The first dealer became the Opel and Chevrolet dealer...
read moreStephane Chauville left Czech and Slovak representation of Opel after eight months
April 21, 2010 | 02:11am CEToriginalPavel Silha, who was promoted from the position of sales head, became his successor in the leadership of the branch. Chauville...
read moreFrank Versaevel to be new general manager of Volvo Auto Czech
April 21, 2010 | 12:58am CEToriginalThe former head of Czech representation of the carmaker Volvo Car Greg Maruszewski will become…
read moreStaff of Belgian Opel plant on strike, they want higher severance pay
April 20, 2010 | 11:46pm CEToriginalThe social plan to cease production in Antwerp is not yet fully negotiated. Consensus has been reached regarding the conditions of early retirement but in contradiction...
read moreEurope air traffic shutdown due to Icelandic volcano caused problems with supply of certain components to some carmakers
April 20, 2010 | 11:24pm CEToriginalBMW and Nissan will stop or reduce car production even outside Europe due to that. Projected production deficits...
read moreOpel factory in Antwerp for sale with half of employees
April 20, 2010 | 02:30am CEToriginalThe second half will leave the plant by the end of June. Conditions for the production’s termination in Antwerp, including generous severance...
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