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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
Avia entered Russian market, considering assembly there
April 19, 2010 | 10:00pm CEToriginalIn the first phase, there will be seven dealerships ensuring the sale. Avia holds talks about the licensed production with a company Avtotor as well...
read moreUOHS cancelled tender of Ceska posta for purchase of vans for CZK 300 million
April 16, 2010 | 12:56am CEToriginalThe reason is are serious mistakes in tender documents. A winner of the tender, A. Charouz appealed against the decision. A new tender...
read moreSkoda Auto considering moving assembly of Roomster from Kvasiny to Vrchlabi
April 15, 2010 | 08:31pm CEToriginalThe Roomster would thus relinquish place to expanding production of the models Yeti and Superb/Superb Combi in Kvasiny. Utilization of both plants...
read moreHyundai reached agreement with workers from Nosovice on wage clause in existing collective agreement
April 15, 2010 | 08:20pm CEToriginalAverage salaries will rise by 7% from April, annual bonus will reach 50% of salary, for extra shifts a bonus of CZK 400 will be paid. However, the increase is for 2009 as well...
read moreTPCA signed new collective agreement with unions
April 15, 2010 | 07:51pm CEToriginalThe agreement, in addition to increase in tariff wages, an additional pay for an extra shift and a bonus, also includes a commitment that TPCA will not dismiss for redundancy until...
read moreChinese carmaker Gonow entered Czech and Slovak markets
April 15, 2010 | 01:34am CEToriginalImporter for Central Europe, dealer network, two models—pick-up and SUV, financing, power units including LPG, parts of equipment and prices...
read morePlzen-based car dealer Ricardo in insolvency
April 15, 2010 | 12:54am CEToriginalThe authorized dealer of passenger cars and commercial vehicles Fiat got into financial difficulties because of the crisis. The amount of debts, creditors, showroom...
read moreDaimler terminating part-time working hours in car production in Germany
April 15, 2010 | 12:43am CEToriginalRegarding trucks, the situation remains unchanged. Daimler plans to keep a stable number of employees this year or even slightly increase it…
read moreChrysler entered into three-year cooperation contract with NASA
April 15, 2010 | 12:11am CEToriginalBoth subjects will be sharing information on automotive technologies and space research. Details of the current and former cooperation...
read moreVolkswagen completed increase of its capital by issuing new shares
April 14, 2010 | 11:24pm CEToriginalThe emission of 65 million new preference shares has brought EUR 4.1 billion, which will serve to finance the takeover of the carmaker Porsche…
read morePSA Peugeot Citroen allegedly found second partner for expansion in China
April 13, 2010 | 11:57pm CEToriginalThe French carmaker intends to increase sales in China by 30% in 2010. After the carmaker Dongfeng, Changan is to be the second partner...
read moreCzech network of tire and fast service shops Barum and Pneubox renamed to BestDrive
April 13, 2010 | 01:46am CEToriginalBestDrive has simultaneously expanded the offer of tire brands and services in its own and franchising premises, set up a loyalty program and launched spring services again...
read moreScuderia Praha to move Ferrari car sale in Prague
April 13, 2010 | 01:29am CEToriginalThis will occur a year and a half after sale of Maserati cars had been moved to a more attractive place. The new Ferrari showroom will be opened in...
read moreAnalysts: Merger of Volkswagen and Porsche is still at considerable risks
April 12, 2010 | 11:46pm CEToriginalThese risks stem from prospective tax liabilities and claims accusing the former managers of Porsche of market manipulation during the attempted takeover of Volkswagen...
read moreBridgestone to build second factory in India, expand production capacity in Japan in advance and invest in Poland
April 12, 2010 | 12:48am CEToriginalThrough the investment, it intends to meet the strong demand for premium tires for passenger cars in Europe. The capacity increase and amount of the investment...
read moreSkoda Auto has agreed with unions on wage scale of new collective contract, strike is lifted
April 9, 2010 | 01:05am CEToriginalThe carmaker is going to rise the wages by 2.7%, pay a one-time bonus for 2009, increase pension contributions. The contract is valid until...
read moreExtra shifts in Skoda Auto in Q2: 12 for Superb and Yeti production, three for Roomster
April 9, 2010 | 12:36am CEToriginalEmployees of the plant in Kvasiny will add the shifts to their flexi-accounts, which have been agreed by the company and the unions at the end of 2009...
read moreRenault-Nissan-Daimler alliance: Cooperation on cars up to 3.5 tonnes, electric cars and internal combustion engines
April 7, 2010 | 11:44pm CEToriginalThe exchange of equity shares, expected savings and additional sales, details of synergies in the development...
read moreMinistry of Transport continues tightening rules for operation of vehicle testing stations
April 7, 2010 | 11:32pm CEToriginalAfter the electronic surveillance of vehicle testing stations, the resort has now prepared a new bill which refines and tightens up the duties of operators and introduces heavy fines…
read moreE-mobility in Spain: Government grants EUR 6,000, charging stations with electricity from wind power stations
April 7, 2010 | 04:15am CEToriginalThe government wants to invest EUR 590 million in the development of electro-mobility within two years. Estimates of sales of electric cars and hybrids by 2014...
read moreHyundai’s Czech unions gave company ultimatum until next week
April 6, 2010 | 11:50pm CEToriginalIf company management do not accede to their demands for wage increase, they shall pass the negoatiations on an agent...
read moreNew brands in A. Charouz Motors’ portfolio caused sales changes in Prague
April 6, 2010 | 05:49am CEToriginalThe company will offer Jaguar and Land Rover brands in Pruhonice, while Cadillac, Corvette, Hummer, Spyker, Wiesmann and electric cars Micro-Vett in a new showroom in...
read moreKey Plastics expanding in Europe, buying certain plants of Paulman & Crone and Olho Group
April 6, 2010 | 05:15am CEToriginalThe U.S. company will take Olho-Technik plants over in Germany and the Czech Republic, which are in 2010 expecting a turnover of...
read moreGrammer won new contracts, to extend production by investment of EUR 12 million in Czech Rep
April 6, 2010 | 01:50am CEToriginalIt will be production for a truck manufacturers. Even though Grammer has recently ceased production in Horazdovice but now in Tachov...
read moreAndrej Barcak jr. left A. Charouz, Pavel Silha Kia in Slovakia
April 6, 2010 | 01:13am CEToriginalBoth have moved to the Czech and Slovak representation of Opel, where the change of the organizational structure has been thus completed. Details of changes and the existing career of managers...
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