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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
Honda to possibly build new plant for passenger cars for EUR 150 million in China
January 11, 2010 | 04:30pm CEToriginalHonda's new plant should stand next to the existing joint plant of a Chinese carmaker Dongfeng Motor. Honda's production capacity in China would therefore increase by...
read moreQatar increased stake in Volkswagen to 17%, and to acquire chairs in supervisory boards of VW and Porsche
January 11, 2010 | 02:48pm CEToriginalVolkswagen also received from the European Commission an approval to take over the car dealer Mahag Group, which operates in...
read moreSpyker submitted improved bid for Saab to GM, other two candidates in play allegedly
January 11, 2010 | 11:52am CEToriginalAnother offers were also probably submitted by two Swedish groups Genii Capital/Koenigsegg/Bernie Ecclestone and former boss of MAN Hakan Samuelsson...
read moreCzech Insurance Association launched new website
January 11, 2010 | 03:11am CEToriginalA novelty is "We Ask" section in which a site visitor finds the answers of experts from the insurance market. CAP is preparing...
read moreGeneral Motors not hoping in Saab’s rescue, its activity ceasing continues
January 11, 2010 | 02:36am CEToriginalGM also plans to sell a automotive supplier Nexteer Automotive, which have been bought by the carmaker in October 2009 from a former subsidiary Delphi...
read moreAlready third Czech dealer received Volkswagen’s highest dealer award
January 11, 2010 | 02:10am CEToriginalDiamond pin was won by Jiří Polcr from the company Top Centrum car in Kyjov. Joining the Josef Fojtik (Auto Jarov) and John Heller (Heller Auto)...
read moreVolkswagen reportedly to provide bid for truck manufacturer MAN
January 8, 2010 | 05:43pm CEToriginalVolkswagen now owns almost a 30% share in MAN. Volkswagen has an opportunity until mid-2010 to take control of MAN, as...
read moreAvon Automotive in Rudnik partly restored production
January 8, 2010 | 04:55pm CEToriginalEven competitive companies are being involved, having mutual customers with Avon. Half of 380 employees is still at home, all should go to work in...
read moreEmployees of Grammer in Most declared strike emergency
January 7, 2010 | 11:23pm CEToriginalThey object against new salary allotments through which they will lose CZK 3,000 to 5,000 monthly. Last year the wage of production workers was…
read moreVitkovice Machinery Group started developing CNG engines
January 7, 2010 | 10:40pm CEToriginalThose will be aggregates for passenger cars, trucks and buses as well. Besides the Czech Republic, the network of CNG filling stations will be developed in…
read moreIndependent dealer AutoNagy plans to obtain authorized BMW service in Chomutov
January 6, 2010 | 11:58pm CEToriginalCompany specializing in BMW and Land Rover cars has recently opened a new showroom in the Lipska Street...
read moreCommercial Vehicle Group moved cable harnesses production in Czech Rep
January 6, 2010 | 11:45pm CEToriginalSubsidiary PEKM Kabeltechnik has moved from Liberec to Straz nad Nisou. The reason for moving has been…
read moreFiat complains at UOHS due to Czech Post supply tender for CZK 300 million
January 6, 2010 | 11:25pm CEToriginalThe tender has been won by company A. Charouz supplying Ford Transit. Consortium of Fiat-Stratos Auto does not like the tender’s conditions - payload and references...
read moreInvelt opened showroom in Stodulky, Prague 5 as its third in Czech Rep
January 6, 2010 | 10:40pm CEToriginalThe company reopened complex of BMW, Mini and Alpina brands including a large service facility and the LifeStyle Shop in western suburbs of Prague…
read moreTUV Report 2010: Scrap bonus not resulted in increased security, people saving more for service
January 6, 2010 | 10:26pm CEToriginalA negative trend of increasing quota of defects found during technical inspections continues, the quota rose by 1 percentage point. Individual models...
read moreRenault negotiates on prospective partnerships, with carmaker Daimler among others
January 6, 2010 | 09:57pm CEToriginalRenault also wants to reduce costs within an alliance with Nissan. According to Renault, in 2010 European automobile market will go down by…
read moreMegatech to expand to Central and Eastern Europe, to buy Plastkov Group from Benson Oak
January 6, 2010 | 09:01pm CEToriginalThe group includes companies Plastkov MR, Plastkov Automotive and BTV plast. Megatech’s strategy covers also plans for acquisitions in other CEE countries…
read moreAAA Auto changes financial head after half a year again
January 6, 2010 | 06:47pm CEToriginalThis post will be filled with CEO´s representative Jiri Trnka. He will replace Jan Barak in the position, who…
read moreAvon Automotive shut down production in Rudnik due to blast investigation
January 6, 2010 | 05:48pm CEToriginalThe company with about 380 employees will inform separate customers on resuming the production individually…
read moreScrap bonus in EU has increased interest in small cars and reduced diesel cars share
January 6, 2010 | 04:37pm CEToriginalThe move from diesel engines is evident for example in Germany, where their share fell from 45% to...
read moreVolkswagen plans changes in system of remuneration in management
January 6, 2010 | 03:45pm CEToriginalThe company will introduce long-term bonuses this year which will be related to satisfaction of both customers and employees, to meeting planned sales and…
read moreUS Supreme Court ordered to dismiss appeal in Chrysler case
January 6, 2010 | 02:58pm CEToriginalThe Supreme Court of the United States declined to hear a challenge of pension funds of the State of Indiana and other opponents to block the sale in June already…
read moreGM not to move European head office from Switzerland to Germany
January 6, 2010 | 01:59pm CEToriginalThe old headquarters will cease to exist in its current way. Therefore, GM Europe does not intend to get back to its original organization. The decentralization has already taken effect in…
read moreBMW took after passenger cars also motorcycle importer license in Czech Rep
January 6, 2010 | 12:34am CEToriginalIt happened three years after the carmaker took the import of BMW passenger cars from AuTec Group. Diplomat sales...
read moreInsurance company Triglav currently not intending to raise premium rates, improving helpdesk
January 6, 2010 | 12:07am CEToriginalRates may increase in spring at the earliest. The insurance company has taken on second helpdesk, whose share is growing...
read more
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
Hertsenberg: AutoBinck (Mitsubishi Motors, MG importer in Czechia, Slovakia) became...
AutoCare powered by CarGarantie: CarGarantie agreed to cooperate with Santander Consumer...
Constellium agreed with Renault Group to establish closed-loop recycling process for...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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