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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
Swell postponed plans to extent development centre in Horice
February 11, 2010 | 11:57pm CEToriginalThe company, which provides complete development and testing services for the automotive industry, has spare capacities at present...
read moreSkoda Octavia: Production in Mlada Boleslav to fell in March but still going in three shifts
February 11, 2010 | 11:13pm CEToriginalThis decline in production will mean cutting about 300 jobs. In contrast, production of the Octavia in Vrchlabi will grow...
read moreCzech plant of Witte Automotive expects fall in profits and revenues by 15% in 2009
February 11, 2010 | 01:45am CEToriginalThe company adopted a number of measures last year, including non-renewal of employment contracts of limited duration. The main customers remain...
read moreFiat to produce nine models in Russia, together with local partner Sollers
February 11, 2010 | 01:32am CEToriginalBoth companies intend to invest EUR 2.4 billion in a joint venture. The factory should have a capacity...
read moreSaab dealer network to be doubled in Czech Rep and Slovakia
February 10, 2010 | 07:55am CEToriginalNow signing of the contract for the sale of Saab to Spyker is being awaited. Polar Mobil should remain importer, brand financing...
read moreCEZ: Future of car drives being in electricity and hydrogen, we intend to participate in both
February 10, 2010 | 03:26am CEToriginalElectric drive for passenger cars, hydrogen one for trucks and buses. Upcoming projects, possibilities of hydrogen production, the planned investments...
read moreHigh demand for Smith Newton electric vehicles in U.S., Avia to deliver another 100 chassis for conversion
February 10, 2010 | 03:00am CEToriginalThis is the second contract to the U.S. after six vehicles in July 2009. The forthcoming sales in CEE, including the Czech Republic, price of the electric car...
read moreDalkia in Czech Rep decided for transfer to operational leasing, CSOB Leasing being provider
February 10, 2010 | 02:30am CEToriginalThere were 130 cars of the company Dalkia passing to the CSOB Leasing management, tens will follow this year and hundreds in five years. CSOB Leasing has also succeeded in other tenders...
read moreAutosalon Klokocka initiated sale and service of Volkswagen cars in Barrandov, Prague 5
February 10, 2010 | 01:14am CEToriginalThe company has opened a Volkswagen showroom within the existing complex. Number of Volkswagen sales outlets in Prague has therefore spread to...
read moreGM wants to invest EUR 11 billion in Opel by 2014, to introduce Opel in Asia
February 9, 2010 | 11:51pm CEToriginalHowever, restructuring will require EUR 3.3 billion, releasing 8,300 employees and closing factory in Antwerp. The local production will be moved to...
read moreChrysler to invest USD 550 million in Fiat 500 production in Mexico
February 9, 2010 | 11:40pm CEToriginalThis production will be intended for North and South America. New jobs, production start, annual production capacity...
read moreToyota resumed production of models which convens to service due to gas pedal in U.S. and Canada
February 9, 2010 | 11:20pm CEToriginalIn the Czech Republic, the failure of the gas pedal refers to 14,196 cars, mostly to the Yaris and the Auris. Services will carry out the repairs...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Avia to enter other continents, to present green technologies
February 9, 2010 | 03:18am CEToriginalThe company will set up a representation in North and South America, North Africa and the Middle East, and is considering an assembly plant in Russia. CNG, electric and hybrid drive...
read moreSkoda Auto at time of crisis: To enter new markets, expand range of models, localize production abroad
February 9, 2010 | 02:56am CEToriginalThe carmaker is subsequently introducing the CKD manufacturing in all its foreign plants. However, there is a delay in Ukraine...
read moreDong Feng Motor entered Czech market with light commercial vehicles
February 9, 2010 | 02:07am CEToriginalThe DFM’s offer contains several models built on one chassis platform. The importer, dealer network, models, prices...
read moreSaab after completion of sale: 9-3 Sport-Hatch, 9-5X and 9-4X off-roads, consideration of 9-1
February 9, 2010 | 01:33am CEToriginalProduction capacity of plants in Sweden and Mexico, start of production of new generation 9-5 and new 9-4X, a possibility of sharing with Spyker...
read moreLum-Oris offering new Chinese car models expanded dealer network in Czech Rep
February 9, 2010 | 01:10am CEToriginalCurrent state of the dealer network, new partners, existing sale of the off-road model CEO and sales plan for 2010...
read moreVolkswagen wants to reduce CO2 emissions in production by 16% by 2016, Skoda Auto to contribute more
February 9, 2010 | 12:30am CEToriginalSkoda Auto and Sko-Energo will focus on the isolation of buildings, greater use of biomass and natural gas, photovoltaics has failed...
read moreBetter Place has acquired additional capital for construction of electric vehicles’ stations
February 8, 2010 | 11:40pm CEToriginalIt has gained confidence from companies such as HSBC, Morgan Stanley and Lazard. Apart from Israel and Denmark, other states may participate soon...
read moreSales of new passenger cars in Slovakia stagnated in January
February 8, 2010 | 11:11pm CEToriginalDemand for light commercial vehicles fell by 8%, for medium-sized trucks by more than 50% while demand for trucks went up by more than 20%. In January premium brands were well off...
read moreKars/Avia Alma 2: Mid-sized bus to help increase production at Avia plant in Prague
February 8, 2010 | 01:38am CEToriginalIf the companies gain the huge contract to Algeria, the sales could increase even several times. Price of the midibus, production outlook, distribution in Europe, electric bus...
read moreINSURANCE BUSINESS CZ & SK 2009: Entry of insurance company Mitsui Sumitomo Insurance on Czech market being delayed
February 8, 2010 | 01:10am CEToriginalThe Japanese insurance company focuses on non-life insurance in Europe. In the Czech Republic, MSI will begin operate in...
read moreTriHyBus = hydrogen cells + Li-ion batteries + recovery energy: Second prototype will soon come into operation in Czech Rep
February 8, 2010 | 12:54am CEToriginalSuppliers of technologies, operational parameters, price of the bus, hydrogen filling station in Neratovice for passenger cars as well...
read moreFiat still insists on car production closure in Sicily, employees protesting
February 7, 2010 | 10:23pm CEToriginalFiat workers have interrupted work due to the planned plant’s shutdown throughout Italy for four hours on Wednesday...
read moreCallparts expands number of brands in Czech Rep for which it provides disposal of car wrecks
February 5, 2010 | 01:06am CEToriginalCurrently, the company represents the brands of Volkswagen Group, BMW Group and Porsche, is seeking others. Numbers of processed car wrecks...
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