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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
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad Soden near Frankfurt, Germany, to produce and supply green hydrogen and provide fuel cell electric vehicles (public buses, trucks, taxis, port cargo handling equipment) in Europe. Toyota Tsusho already has experience in hydrogen business, including operation of hydrogen stations in Japan (Atsuta/Nagoya, Tsutsumi/Miyoshi) and initiatives to convert port machinery to FCEVs in USA (Port of Los Angeles, California)
November 28, 2024 | 11:57am CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,968,000 (+3.4%) to 1,942,000 (+2.1%), of which battery electric vehicles (BEVs) from 364,000 (+15.6%) to 363,000 (+15.4%), and 2025 forecast from 2,029,000 to 1,977,000, of which BEVs from 480,000 to 464,000. Simultaneously, association published its first estimate for 2026 at 2,049,000 cars, of which 585,000 BEVs
November 28, 2024 | 11:47am CETflashread more
MNC Auto (Milan Král Holding/Group; Ford, Opel car, van dealer in České Budějovice, Czechia; revenues of CZK 282 million/EUR 11.2 million in 2023) closed Opel dealership (service remained). In released showroom, company opened AutoProTebe (Auto.pro.tebe, Car.for.you) used car shop, importing nearly-new vehicles from Germany and Netherlands
November 27, 2024 | 10:56am CETflashread more
AutoSAP: 20,472 (passenger) electric vehicles produced in Czechia in October (-12.9%; 15,548 battery electric vehicles, -3%, 4,924 plug-in hybrids, -34.2%), of which 20,460 cars (-13%; Škoda: 13,175 BEVs, +17.8%, 2,880 PHEVs, -40.5%; Hyundai: 2,361 BEVs, -51.3%, 2,044 PHEVs, -22.5%) and 12 buses (SOR: 2 BEVs; Škoda Electric: 0 BEVs; Iveco: 10 BEVs)
November 27, 2024 | 10:42am CETflashread more
Changes
PSA Peugeot Citroen not dismissing in Slovak plant in Trnava until 2011
January 21, 2010 | 11:19pm CEToriginalThe company has been agreed with the unions. Moreover, wage of more than 3,000 employees might increase from January...
read moreMAN intends to increase production capacities in Brazil by 45%
January 21, 2010 | 10:56pm CEToriginalThe investment will create 700 new jobs. In 2008, MAN had a share on the Brazilian market for truck over 5 tons...
read moreVolkswagen to possibly enter China with Seat brand, cars to be produced at newly built factory
January 21, 2010 | 02:21am CEToriginalIt would be therefore a fifth Volkswagen’s factory in China. Production capacity of the new plant...
read moreAutocentrum Duba intends to further expand, founder’s share in company sold
January 21, 2010 | 02:03am CEToriginalThe aim of this transaction is to strengthen the company and prepare it for further expansion in sales and cars servicing. Furthermore, the company has strengthened even regarding the management...
read moreMazda allowed its dealers in Czech Rep access to JATO Carspecs4 application
January 21, 2010 | 01:45am CEToriginalIt offers a comparison of different vehicles sold, including special offers. It can be used by dealers at car showrooms, owners of dealerships...
read moreGeneral Motors reportedly to close Opel plant in Antwerp
January 21, 2010 | 01:13am CEToriginalThe information was reportedly brought by a new Opel CEO Nick Reilly as he told the management of the plant. Therefore, 2,300 people would lose their jobs there...
read moreRussian billionaire Mikhail Prochorov wants to produce affordable electric cars
January 21, 2010 | 12:59am CEToriginalFor his intention he has already gained prime minister Vladimir Putin. Prochorov wants to produce a lower middle-class sedan built on a plastic skeleton with a price...
read moreWTO began to investigate US duties on Chinese tires
January 21, 2010 | 12:10am CEToriginalThe US refers to an agreement, which allowed the entry of China into the WTO in 2001. China highlights the decline in tire export to the US and...
read moreKia Motors Slovakia: Hyundai ix35 to increase overall production by 40% in Zilina in 2010
January 20, 2010 | 12:16am CEToriginalProduction of the Kia cee'd and the Kia Sportage will be at the 2009 level this year. Planned production of the Hyundai ix35 and a second engine plant...
read moreLiquidation of carmaker Saab has not begun yet, completion of talks on its sale pending
January 19, 2010 | 11:52pm CEToriginalAlthough liquidators are already present at the carmaker, production continues. Employees of Saab are to continue in production at least until...
read moreGeely wants to export two thirds of production by 2015, to Western Europe this year maybe
January 19, 2010 | 11:25pm CEToriginalSales of the Chinese carmaker rose by 59% last year; this year the company plans on further growth of sales to...
read moreMazda and Ford to reportedly cancel joint venture in China, carmakers denied that
January 19, 2010 | 11:12pm CEToriginalMazda, Ford and Chinese company Changan Automobile allegedly agreed to divide their tripartite company in two...
read moreTrade unions in Fiat plan to call strike on February 3 due to closure of factory in Sicily
January 19, 2010 | 10:36pm CEToriginalProduction of Fiat in Italy fell to 650,000 cars last year and the carmaker wants to produce 900,000 cars in the country this year. Unions ask for more...
read moreCebia increases number of service records in system Autotracer, offering cooperation to other companies
January 19, 2010 | 02:34am CEToriginalCebia Report has been already given to customers at Esa Auto, AAA Auto, Skoda Plus and auto-plus dealers. Cebia is now negotiating with...
read moreCar Importers Association wants government concept of transport development in Czech Rep
January 19, 2010 | 02:08am CEToriginalSDA calls on the government to somehow support the fleet renewal. Considering car drives, the nearest future is in...
read moreSixt car rental expanded its fleet by 103 cars Seat in Czech Rep
January 19, 2010 | 01:56am CEToriginalOriginally, there were 80 cars Ibiza and Leon, at the end of 2009 23 cars Exeo sedan and station wagon were added...
read moreOpel plans to expand outside Europe, probably in Asia first
January 19, 2010 | 12:55am CEToriginalParent company General Motors has reportedly obstructed Opel from entering some of the key automotive markets such as...
read moreHyundai Kia Automotive Group to increase investment by 12% this year and take 6,000 new employees
January 19, 2010 | 12:00am CEToriginalTotal of EUR 6.5 billion will go to research and development and production facilities. The group will primarily strengthen research and development...
read moreMarchionne: Carmakers in Europe should approach reduction of production capacities after US
January 18, 2010 | 11:44pm CEToriginalWorld carmakers are able to produce 94 million passenger cars and commercial vehicles a year, but can sell only...
read moreTesla Motors plan to double sales and service network in Europe in 2010
January 18, 2010 | 03:01am CEToriginalThe carmaker has produced 1,000 Roadster cars so far. Production plan for 2010, prepared representations in Europe, the second model Tesla Model S...
read moreSpyker and Genii Capital reputedly aim to submit joint bid for Saab, company’s head Muller denied it
January 18, 2010 | 02:42am CEToriginalBrand supporters across Europe have been protesting against the Saab’s liquidation on Sunday. Spyker Cars is now awaiting a response from GM on the current offer...
read moreClio IV case: Production to be divided between France and Turkey as the Clio III one, Renault electric cars to be manufactured at home
January 18, 2010 | 02:23am CEToriginalThe European Commission started to interfere; having concerns about the French government attempts to limit business freedom of carmakers...
read moreAston Martin Rapide: Production to begin in Austria soon, customer supplies from April
January 18, 2010 | 02:07am CEToriginalThe carmaker has set a price just for the UK and USA so far. Basic price in continental Europe and this year's production plan...
read moreBosch to close factory in Wales, moving production to Hungary
January 18, 2010 | 01:58am CEToriginalThere will be 900 people left unemployed in Miskin-based factory. The production moving as well as the plant’s closure will be under way gradually in...
read morePassenger car sales in Europe down by 1.6% last year, in December up by 16%
January 18, 2010 | 01:49am CEToriginalAccording to PwC, it might fall by 6.2% this year. The markets, which were not supported by the scrap bonus in 2009, should keep at last year's numbers...
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