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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
Autosalon Klokocka started selling Audi cars in Prague 6, to open Audi Terminal in May
March 11, 2010 | 01:46am CEToriginalThe new Audi showroom grew up within the complex in Repy. The company will also offer Audi Exclusive transportation services...
read moreProtection of applicants for loans to be increased in Czech Rep as of 2011, Senate to asses bill now
March 10, 2010 | 11:55pm CEToriginalThe new standard should lead to much more responsible leasing and lending. However, a number of consumer credit providers will not be affected by the new Law...
read moreState institutions in Czech Rep will need to reflect environmental friendliness of cars they will buy
March 9, 2010 | 10:29pm CEToriginalMembers of parliament propose further measures to ensure greater transparency in procurement such as communication of the entities through a data box or...
read moreDomansky acquired authorized Skoda service centre for premises in Zdiby near Prague
March 9, 2010 | 09:54pm CEToriginalThe company is therefore selling four brands in Zdiby and provides service works for other two. This branch is not going to undergo further changes...
read moreDaimler sold its stake in Indian carmaker Tata Motors
March 9, 2010 | 09:45pm CEToriginalThe German carmaker no longer needs the stake, it is able to benefit from the growth potential of Indian market alone. For the 5.34% share it acquired...
read moreInvelt opened new Mini showroom in Stodulky, Prague 5
March 9, 2010 | 03:05am CEToriginalAt the same time, the company has become a Volkswagen dealer and the end of 2010 will open a newly built showroom for this brand in Plzen…
read moreCEZ to be first owner of electric cars Peugeot iOn and Citroen C-Zero in Czech Rep
March 9, 2010 | 02:34am CEToriginalOn the contrary, CEZ is not planning further purchases of electric vehicles from companies performing conversions to electric cars, such as Micro-Vett...
read moreInvestors interested in Czech plant of Henniges Automotive in Pribor
March 9, 2010 | 12:16am CEToriginalThe second Czech plant is probably waiting for the end, as it was dependent on orders from Volkswagen. Creditor Committee will be on March 12...
read moreVeronika Jakubcova left Hyundai Motor Czech
March 8, 2010 | 11:57pm CEToriginalShe worked in the company Hyundai for eight years, including the previous importer AutoBinck Holding. No successor has been established yet. The reason for leaving is...
read moreDaimler to reportedly sell stake in Indian carmaker Tata Motors
March 8, 2010 | 11:43pm CEToriginalThe German carmaker has been the owner of 5.34% share in Tata Motors since 1954. It intends to sell its share for...
read moreWittig: Volkswagen reckons with Skoda brand for all regions except U.S.
March 8, 2010 | 02:26am CEToriginalThe carmaker does not plan production of Skoda cars in Brazil. For the ASEAN region the carmaker counts on the VW and Skoda brands. Plans in the U.S., Russia, India, China…
read moreCEZ to build network of charging stations for electric cars in Czech Rep, hundreds of them by 2012
March 8, 2010 | 01:40am CEToriginalThe first station will be supplied by the company Rittal. In contrast to Better Place stations, however, they will not be able to replace batteries. Stations and system parameters...
read moreCorvette sports cars to be sold by selected Chevrolet dealers in Europe from 2011
March 8, 2010 | 01:12am CEToriginalThe carmaker GM has taken over imports of Cadillac and Hummer cars in Europe from the bankrupt Dutch company Kroymans...
read moreAuto Supra closed Skoda and Suzuki showroom in Krnov
March 8, 2010 | 12:58am CEToriginalThis independent retailer has also stopped selling Skoda cars and now operates only with the Suzuki brand in Ostrava...
read moreCitibank and insurance company Direct agreed to cooperate in Czech Rep
March 8, 2010 | 12:49am CEToriginalThe partnership will bring customers of both companies a number of advantages like cheaper car insurance or a discount on Shell fuels...
read moreCourt proclaimed bankruptcy of Czech branch of Henniges Automotive
March 7, 2010 | 11:07pm CEToriginalThe company withdrew a draft of the reorganization plan from the court. Besides the plant in Ostrava, the fate of the second Czech plant in Pribor is also uncertain…
read moreIvacar extended portfolio of offered brands by Volkswagen
March 7, 2010 | 10:57pm CEToriginalThe long-time producer of bodies and Skoda dealer in Ivancice will specialize in Volkswagen commercial vehicles...
read moreBMW and PSA have agreed to jointly develop four-cylinder petrol engines Euro 6
March 7, 2010 | 09:47pm CEToriginalBoth carmakers are exploring other possibilities of cooperation. Since 2006, the current four-cylinder engines 1.4 litre and 1.6 litre were assembled in...
read moreRussian government intends to invest USD 6 billion in automotive industry by 2020
March 5, 2010 | 01:16am CEToriginalAt the same time, the government expects total investments of USD 60 billion in the sector. According to the government, the Russian car market will return to the pre-crisis level in...
read morePSA Peugeot Citroen and Mitsubishi Motors cancelled capital alliance
March 4, 2010 | 04:25am CEToriginalHowever, the carmakers want to deepen cooperation, which now includes...
read moreSales of passenger cars and light commercial vehicles in Czech Rep fell by 7.3% in first two months
March 4, 2010 | 03:57am CEToriginalThe registrations of passenger cars have increased by 17.3%. The results are distorted by the last year's change in the VAT Act...
read moreGENEVA: Fisker established dealer for Slovakia
March 3, 2010 | 02:44am CEToriginalFisker showrooms in Bratislava and Prague will be opened in 2011. A dealer on the Czech and Slovak markets will be...
read moreGENEVA: Situation of Volvo is improving; Ford might keep Swedish carmaker
March 3, 2010 | 02:36am CEToriginalFord made a pre-agreement on a sale of the loss-making Swedish manufacturer of passenger cars to the Chinese company Geely...
read moreBrose to close one of two Czech plants
March 3, 2010 | 02:02am CEToriginalAbout 300 workers of the Trutnov-based plant in will be given an offer to move to Koprivnice or Wurzburg, where the production is going to be moved...
read moreGM to provide EUR 1.9 billion for Opel restructuring
March 3, 2010 | 01:08am CEToriginalThat is three times more than the original promise. GM will ask European governments for less help for Opel...
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