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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
Rehau keeps expanding production in Czech Rep, launched operating in new hall
April 6, 2010 | 12:58am CEToriginalSince 2007, several investment projects in the plant based in Moravska Trebova have meant an acquisition of hundreds of jobs. Orders from existing and new customers...
read moreAfter 10 years at SkoFIN Roman Vavron leaving to group branch in India
April 6, 2010 | 12:41am CEToriginalJan Kloud has been promoted to the position of marketing director at SkoFIN. As of May, Vavron will be at Volkswagen Finance PVT on a post of...
read moreGefco opened buffer stock in Czech Rep for car components supplies to French plants of PSA
April 6, 2010 | 12:25am CEToriginalIt collects parts from suppliers in the Czech Republic, Slovakia, Hungary and Poland. It is the third such a warehouse in Europe...
read moreDaimler agreed on out-of-court settlement in bribery scandal in USA, investigation continues in Germany
April 5, 2010 | 11:54pm CEToriginalThe German carmaker will pay a fine amounting to double profit from the proven dirty business in the USA. Daimler’s and FBI’s measures...
read moreGovernment wants to improve trade in used cars, prepares news for STKs and car transfers
April 2, 2010 | 01:16am CEToriginalThe used car dealer Auto Esa and the association SOVA also want to participate on the amendment. A certified warrant of attorney in car transfers, qualitative control of identifiers for STKs...
read moreDenny (AAA Auto): We want to maintain profitability in 2010, sales at last year's level and to open one to three car centres
April 2, 2010 | 12:37am CEToriginalReturn to Hungary and entry into Russia is not realistic this year. The considered new branches in the Czech Republic and Slovakia, and sales in Q1...
read moreUnions at Skoda Auto rejected another proposal for wage growth and increased one-time bonus
April 1, 2010 | 11:58pm CEToriginalThe existing collective agreement has been extended to April 12, 2010. Unions have already begun to prepare to take industrial action...
read moreMore restrictive rules regulating fuel consumption and CO2 emissions to be valid in USA in 2012
April 1, 2010 | 11:39pm CEToriginalIt is thus the first regulation of car emissions at the federal level. New demands on the efficiency of cars...
read moreAssociation of towing services: New system with accident centre slows down liquidation of accidents on roads
April 1, 2010 | 11:10pm CEToriginalThe Czech Insurers' Bureau wants to extend it to highways. An accident centre of apparently has no basis in law...
read moreFord to extend cooperation with Microsoft by jointly addressing electric cars’ recharging in households
April 1, 2010 | 05:00am CEToriginalThe application Microsoft Hohm for electricity consumption management, five electric cars by 2013, the first of them, Transit Connect Electric on the market from...
read moreAAA Auto returned to profit with lower revenues by 43.8% and car sales by 38.5% in 2009
March 31, 2010 | 11:50pm CEToriginalThe company withdrew from abroad, focused on the most liquid models and significantly reduced costs. Penetration of financial services, details of sales and other indicators...
read moreTPCA to increase wages by 2.5%, surcharges for extra shifts by CZK 200 and pay one-time bonus
March 31, 2010 | 12:05pm CEToriginalNegotiations with the unions have been difficult in 2010; the agreement was helped by the report on a decline in car sales from Kolin. Details of the collective agreement and union penetration...
read moreReducing number of Mini dealers in Czech Rep and new showroom helped increase sales of Renocar in Brno
March 31, 2010 | 01:01am CEToriginalSales of the brand and dealer Renocar in 2008, 2009 and outlook for 2010; prices of the new SUV Mini Countryman...
read moreSubaru continues to cooperate with UniCredit leasing in Czech Rep under new brand Subaru Finance
March 30, 2010 | 11:09pm CEToriginalZero increase in financing is now possible to obtain with advance payment from 35% in contracts for 24 to 48 months. Part of the payments is insurance from...
read moreBYD reportedly interested in Maybach, Daimler and Chinese manufacturer of cars and batteries denied that
March 30, 2010 | 10:59pm CEToriginalSales of the Maybach brand is well below the level of competing Rolls-Royce and Bentley. Sales of Maybach cars in 2009...
read moreGeely intends to invest USD 900 million after purchase of Volvo Car
March 30, 2010 | 10:39pm CEToriginalThis amount will be spent to expand production. The companies Geely and Volvo Car will continue to operate independently...
read moreMazda to accelerate its entry into hybrid market, technologies to be supplied by Toyota
March 29, 2010 | 11:39pm CEToriginalIt will present the first hybrid using Mazda's new petrol engine SKY in 2013. However, within the plan for reducing fuel consumption by 30% by 2015...
read moreSkoda Fabia GreenLine: 1.2 TDI (55 kW) engine, consumption of 3.4 l/100 km, CO2 emissions of 89 g/km
March 29, 2010 | 04:33am CEToriginalThe car will be available to order first on the markets with the tax advantage of ecological cars. Roomster GreenLine, Yeti GreenLine, Superb GreenLine...
read moreGoodyear won several contracts from Volkswagen Group to supply primary production with tires
March 29, 2010 | 04:22am CEToriginalGoodyear and Dunlop tires will be delivered to Skoda Auto and Volkswagen Slovakia for models...
read moreToyota's recall begins affecting Czech plant TPCA, it will reduce production
March 29, 2010 | 04:08am CEToriginalTPCA has lower orders from the Japanese carmaker in April, it will cancel extra shifts. Demand from PSA does not decline. Collective bargaining...
read moreSaab sales fell by 57.2% in 2009, carmaker expects growth by 50% in 2010
March 29, 2010 | 03:58am CEToriginalHowever, management will still be loss-making this year. Production and management of the parent company Spyker Cars in 2009...
read moreFiat wants to raise stake in Chrysler to 35% from 20% in two years
March 29, 2010 | 12:33am CEToriginalChrysler will start producing small efficient cars in 2010. Within five year, the Fiat 500 will be followed by...
read moreVolkswagen Slovakia to start producing in three shifts on Monday
March 28, 2010 | 11:58pm CEToriginalThere is currently the manufacture of Volkswagen Touareg and Porsche Cayenne second generation under way. The third shift will be provided by staff...
read moreGeely signed contract for purchase of Volvo Car with Ford Motor
March 28, 2010 | 11:42pm CEToriginalGeely have allegedly secured funding for the acquisition and operation; the brand will continue to operate separately. The planned Volvo factory in China...
read moreMitsubishi wants to make 9,000 i-MiEV electric cars this year and further increase production
March 28, 2010 | 11:35pm CEToriginalEstimated production in 2011 and 2012, present sales, market entry in the U.S., the expected decrease in prices of the electric car...
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