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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
Coface CEE Top 500 Ranking 2024: Automotive and transport industry (90 largest firms, +18 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 16.8% to EUR 193 billion in 2023 (2022: EUR 165 billion), but number of employees decreased by 0.3% to 405,600. Largest companies in sector include Škoda Auto (EUR 23.45 billion, +31%; 34,884 people, -1%), Volkswagen Slovakia (EUR 11.76 billion, +21%; 10,566, -3%), Audi Hungaria (EUR 9.1 billion, +8%; 12,766, -1%), Kia Slovakia (EUR 8.01 billion, +19%; 3,607, +1%), Hyundai Motor Manufacturing Czech (EUR 7.64 billion, +13%; 2,852, +5%), Volkswagen Poznań (EUR 5.74 billion, +14%; 9,824, +4%), Automobile-Dacia/Renault (EUR 5.23 billion, +1%; 11,457, -6%), Mercedes-Benz Manufacturing Hungary (EUR 5.08 billion, +28%; 4,765, -1%), Toyota Central Europe (EUR 4.94 billion, +30%; 107, -4 %), Volkswagen Group Polska (EUR 4.93 billion, +35%; 644, +4%), FCA Poland/Stellantis (EUR 3.54 billion, +33%; 2,326, +5%), MAN Trucks Sp. z o.o. (EUR 3.41 billion, +68%; 2,245, +48%), PCA Slovakia (EUR 3.28 billion, -10%; 3,072, -13%), Toyota Motor Manufacturing Czech Republic (EUR 2.98 billion, -5%; 3,228, -9%), Magyar Suzuki (EUR 2.87 billion, +34%; 2,937, +3%), Continental Barum (EUR 2.85 billion, +0%; 4,374, +1%), Ford Otosan Romania (EUR 2.75 billion, -2%; 5,581, +0%), Mercedes-Benz Manufacturing Poland (EUR 2.62 billion, +24%; 1,384, +4%), PKP Polskie Linie Kolejowe (EUR 2.59 billion, +17%; 41,415, -1%), Mobis Automotive Czech (EUR 2.53 billion, +35%; 1,485, +16%), Polskie Linie Lotnicze LOT (EUR 2.33 billion, +22%; 1,240, -3%), Mercedes-Benz Polska (EUR 2.09 billion, +21%; 158, +0%), Mobis Slovakia (EUR 1.98 billion, +10%; 2,136, -0%), Continental Automotive Czech Republic (EUR 1.89 billion, +2%; 5,042, -17%), Volkswagen Motor Polska (EUR 1.88 billion, +33%; 1,254, +2%), BMW Vertriebs GmbH Sp. z o.o. Oddział w Polsce (EUR 1.67 billion, +14%; 74, -4%), Robert Bosch SRL (EUR 1.64 billion, +16%; 5,875, +13%) and other firms of Volvo, Scania/Traton, Porsche/Volkswagen, Iveco/CNH, Solaris/CAF, Michelin, Autoliv, ZF, Tigar Tyres, Motherson, Valeo, Sungwoo, Schaeffler, BorgWarner, Faurecia/Forvia, Pirelli, Auto Partner, Hankook, Lear, Brembo, Adient, Denso, České dráhy, PKP Intercity, Raben, DPP, Amazon, Arcturus, Havi, Tallink, Wielton, Plichta, Waberer’s groups. High labour costs encourage businesses to be more open to automatization, robotization and higher productivity levels that come with this, Coface said
November 25, 2024 | 11:34am CETflashread more
ACEA: New car registrations in EU up by 1.1% in October (Volkswagen +12.6%; Stellantis -16.7%; Renault -0.4%; Hyundai -7.5%; Toyota +13.7%; BMW +0.8%; Mercedes-Benz +2.6%; Ford -13.6%; Volvo Cars +22.5%; Nissan -8%; Tesla -23.1%; SAIC -10%; Suzuki -10.5%; Mazda -12.8%; Jaguar Land Rover -22.1%; Honda -10.4%; Mitsubishi +8.6%), individual fuel/power types successful differently (BEV -4.9%, PHEV -7.9%, HEV+MHEV +19.8%, FCEV+NGV/CNG+LPG+biofuel/ethanol +2.5%, petrol -4.7%, diesel -10.8%)
November 25, 2024 | 11:25am CETflashread more
Changes
Trade unions of Hyundai’s plant in Nosovice declared strike emergency
December 7, 2009 | 09:09pm CEToriginalThe unions demand reducing overtime work to a minimum and an extra bonus of CZK 5,000 in addition. The trade union is registering increased interest in memberships…
read moreHyundai has new dealership in Trebic, showroom has been opened by Auto Activity there
December 7, 2009 | 03:54pm CEToriginalAuto Activity is now operating in five premises in Vysocina region and in the neighborhood where it is dedicated to brands Ford, Mazda and newly also to Hyundai...
read moreDealers of Skoda cars in Czech Rep complain that carmaker does not impose equal conditions
December 7, 2009 | 01:36pm CEToriginalThe complaint is now being resolved by the Office for the Protection of Competition. The carmaker reportedly dictates them suppliers of equipment for service shops and showrooms…
read moreGeneral Motors has not established itself in India much, SAIC to help it
December 7, 2009 | 11:50am CEToriginalBoth carmakers will establish a joint venture in India. At the same time, GM has settled a majority stake in a joint venture in China on the company SAIC…
read moreGeneral Motors reportedly to cut 8,300 jobs in Opel only
December 7, 2009 | 10:10am CEToriginalHowever, the carmaker spoke of cutting approximately 9,000 jobs last time. The plan estimates paying off a state help by 2014 and proposes to close Opel’s plant in...
read morePart of employees in Czech plant of Hyundai were on strike because of overtime
December 4, 2009 | 04:41am CEToriginalEmployees in production currently work 16 hours per month overtime. The carmaker wants to negotiate with the employees though. Changes in the organization of production may occur…
read moreVolkswagen to invest EUR 2.4 billion in Brazil over five years
December 3, 2009 | 08:26pm CEToriginalThe carmaker expects demand for passenger cars to rise in the country by 2014 from the current 3 million cars per year to…
read moreAutomotive Industry Association to be led again by Martin Jahn for next two years
December 3, 2009 | 07:29pm CEToriginalJiri Cerny (TPCA), Pavel Juricek (Brano Group) and Oldrich Svoboda (Hella Autotechnik) have been affirmed as SAP vice-presidents. Other members of the board…
read moreRussia reportedly could obtain a share in carmaker Renault in exchange for AvtoVAZ’s stock
December 3, 2009 | 04:20pm CEToriginalRenault together with other shareholders of AvtoVAZ, Russian state investment group Russian Technologies and Moscow-based bank Troika Dialog, will sign an agreement…
read moreGM not to dismiss employees in Ellesmere, UK; unsure in Luton, UK and in Gliwice, Poland
December 3, 2009 | 03:55pm CEToriginalGM wants to increase production in Ellesmere even and to introduce a three-shift operation from 2011. There will soon begin production of Opel Astra Sports Tourer…
read moreGeneral Motors CEO Fritz Henderson stepped down after eight months
December 3, 2009 | 02:54pm CEToriginalHe will temporarily be replaced by GM board chairman Ed Whitacre. GM also said that it would consider offers for Saab by the end of the year or would close the division…
read moreTata Motors want to expand distribution and dealer network in Europe in coming years
December 2, 2009 | 11:43pm CEToriginalThe carmaker has representation in Italy, Spain and Poland currently. Tata cars are sold in Slovakia as well, not in the Czech Republic yet. This year sales of Tata cars in Europe will be…
read moreSecond European importer of Chinese cars went bankrupt this year already - HSO Motors Europe
December 2, 2009 | 11:10pm CEToriginalA. Charouz is still interested in bringing Brilliance brand on Czech and Slovak markets and will negotiate with the new European distributor…
read moreSeveral investors interested in indebted German automotive supplier Olho, maybe IAC Group too
December 2, 2009 | 10:30pm CEToriginalThree companies from the Olho Group has been insolvent since the summer; the Czech plant not though. A decision on choosing an investor should be taken by…
read moreSkoda’s fleet customers in Czech Rep true to brand, absence of CNG drive does not discourage them
December 2, 2009 | 10:07pm CEToriginalSkoda Auto is the furthest with its Octavia CNG, considering Roomster CNG and Superb CNG, too. The first car with a CNG drive could appear on market in…
read moreAuto Activity bought showrooms of former Ford dealer and took up another brand
December 2, 2009 | 09:14pm CEToriginalThe company thus operates in five premises in Vysocina and the neighbourhood. New brand Huyndai found a place in Trebic where Auto Activity replaced company…
read moreVDA: Cars sales in Germany to go up by a quarter in 2009, to go down by a quarter in 2010
December 2, 2009 | 08:51pm CEToriginalSales on German market went up by 20% in November. According to VDA, global car sales in 2009 and 2010…
read moreMercedes-Benz C-Class: Next generation to arrive in 2014, not from plant in Sindelfingen, Germany anymore
December 2, 2009 | 08:07pm CEToriginalDaimler will transfer a part of production to US, the other part to Bremen, Germany. To Sindelfingen will be transferred production of model…
read moreBMW and Brilliance to invest USD 735 million in expansion of production in China
December 2, 2009 | 04:22pm CEToriginalThe money will be allocated in expansion of an existing plant and construction of a new plant as well. BMW’s production capacity in China will then grow to…
read moreChrysler cancelling plans for development and mass production of electric and hybrid cars
December 2, 2009 | 02:42pm CEToriginalAlthough the company has received a number of government grants and subsidies to develop green cars, it dissolved the Envi division. By 2014, the share of electric vehicles will be only...
read moreFaurecia to strengthen itself in field of emissions control technologies by purchasing company Emcon Technologies
November 30, 2009 | 11:05pm CEToriginalThe acquisition will be covered by issuing 20.9 million of new stock of the company Faurecia by which means PSA’s share in Faurecia will decline to...
read moreProduction of Irisbus buses in Vysoke Myto to go down by 18% this year
November 30, 2009 | 10:41pm CEToriginalThe company currently produces 10 busses per day compared to 13.5 buses earlier. Iveco CR has not been dismissing so far due to the crisis; the number of agency staff is…
read moreHyundai to sign up 500 people only in Nosovice by summer 2010, by one third less than wanted
November 30, 2009 | 09:53pm CEToriginalThe company is now cautious with recruitment and estimations of production for this year. Moreover, the plant is facing a lack of qualified workers…
read moreCar sales in Britain up by 32% in October
November 30, 2009 | 09:11pm CEToriginalIt is the fourth growth of car registrations in a row. The reason of an increased demand for cars is the program of scrap bonuses but also…
read moreRenault wants to increase a share of women in automotive retail, should be equal to men by 2012
November 30, 2009 | 06:56pm CEToriginalThe share is currently 26%. Women form a half of motorists and they preferable interact with a woman when visiting a showroom or a service shop…
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