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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
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 1.9% to 251,442 units (168,618 BEVs, +7%; 82,824 PHEVs, -7%) in October, representing 24.2% share in total registrations (penetration, +0.5pp). Škoda Enyaq (9,977 cars, +44%) was best-selling battery electric vehicle (BEV), followed by Tesla Model Y (8,795, -18%), Volkswagen ID.4 (6,894, +24%), Volvo EX30 (5,360, new) and VW ID.7 (5,330, new). Volvo XC60 (5,881, +57%) was best-selling plug-in hybrid (PHEV), followed by BMW X1 (4,619, +68%), VW Tiguan (4,181, +113%), Ford Kuga (3,298, -29%) and BMW X5 (2,377, +50%)
November 22, 2024 | 11:59am CETflashread more
Industry 4.0 in Practice 2024: National Industry Center 4.0 (NCP 4.0) to hold conference on cutting-edge projects for implementation of Industry 4.0 in Prague, Czechia on December 5 with tour of RICAIP Testbed Prague. Representatives of Škoda Auto, Forvia Hella, Maxion Wheels Czech, Vítkovice Cylinders, Partory Group, Spinbotics, Kinalisoft, SP ČR (Confederation of Industry and Transport of Czech Republic), ČSPÚ (Czech Maintenance Society), VŠB-TU to speak at event
November 22, 2024 | 11:47am CETflashread more
Volkswagen to close Audi plant in Brussels, Belgium (Q8 e-Tron, Q8 Sportback e-Tron; 596,570 sqm; 3,000 employees; 2023: 53,555 BEVs produced) by February 28, 2025, moving production to Mexico (San José Chiapa, Puebla; Q5; 460 hectares; 5,350 employees; 2023: 175,626 SUVs produced). Carmaker offered factory for sale, but none of 26 potential investors (Chinese automakers, commercial vehicle manufacturer) made decision. In June, Audi and Puebla state government said that carmaker to invest EUR 1 billion in electric vehicle projects in Puebla, creating 500 new jobs
November 22, 2024 | 11:41am CETflashread more
Changes
Fisker: After large sedan Karma and coupe-cabriolet Karma Sunset family sedan Nina to arrive in 2012
November 2, 2009 | 05:52pm CEToriginalProduction of this affordable plug-in hybrid will be carried out in GM’s former plant. Annual production and the price of the small sedan will be…
read moreTatra agreed on cooperation with US producer or army vehicles Navistar Defense
November 2, 2009 | 03:17pm CEToriginalBoth companies will develop and manufacture a new line of off-road trucks. The cooperation will allow Tatra to establish itself not only in the US…
read moreSkoda Auto not to produce models Fabia and Roomster for three days before Christmas
October 30, 2009 | 08:51pm CEToriginalAt the same time engines will not be produced from December 21 until December 23. On the contrary, production of model Octavia slightly grew…
read moreMAN agreed to cooperate with Chinese truck manufacturer Sinotruk
October 30, 2009 | 08:38pm CEToriginalUnder the agreement, MAN will provide the Chinese company a license for engines, chassis, axles and other technologies. At the same time, MAN will obtain a share in Sinotruk...
read moreAuto Esa started offering used cars through video advertisements and 3D presentations as well
October 29, 2009 | 08:40pm CEToriginalAn engine sound can be heard in the video advertisement which is ended with an offer of financing and special offers. Regarding the 3D presentations, Auto Esa is cooperating with…
read moreEC proposed to lower emissions of delivery vans by 14% by 2016
October 29, 2009 | 05:52pm CEToriginalBy 2020 average emission of new delivery vans should go down to 135 g/km. Current delivery vans in EU emit on average…
read moreFord chose Chinese company Geely for negotiation on selling carmaker Volvo Car
October 29, 2009 | 12:07pm CEToriginalOther applicants for Volvo were US syndicate Crown and Chinese company BAIC. The selling price could reach…
read moreSales of passenger cars in Britain up in September
October 28, 2009 | 07:37pm CEToriginalSales in Britain grew for the third month in a row already. Expanding the scrap bonus program can also help hold the demand in the end of this year...
read moreDaimler agreed with Kamaz on production and sales of Mercedes-Benz trucks in Russia
October 28, 2009 | 06:40pm CEToriginalTherefore, it is further deepening of cooperation after a similar step made by brand Mitsubishi Fuso. The new joint venture should also sell…
read moreEmployees of carmaker Porsche to receive lower bonuses over previous financial year
October 28, 2009 | 05:58pm CEToriginalThe carmaker’s employees received EUR 3,800 per person over the financial year 2007/2008 whereas over the year 2008/2009 the bonus will be…
read moreGeneral Motors abandoned its effort to sell cars through eBay
October 28, 2009 | 04:20pm CEToriginalThe carmaker wanted to back up sales of its cars by means through the Internet but…
read moreAUTO 2009: Skoda Auto working on Euro 6 emission norm, wants to get CO2 under 90 g/km for model Fabia
October 26, 2009 | 11:37pm CEToriginalCzech carmaker is also working on new types of cooling media for air-conditioning systems which should enter the market in…
read moreBrose not to build new plant in Trutnov, production to proceed in rented facility
October 26, 2009 | 10:36pm CEToriginalThe reason is economic crisis. Lots of 60,000 m2 in industrial zone Krkonosska reserved for Brose are now available…
read moreGeneral Motors postponed Opel sale’s agreement signing to November
October 26, 2009 | 09:13pm CEToriginalThe market had expected the agreement signing just last week. The amended contract and the new circumstances have to be negotiated by the GM’s managing board at the meeting scheduled on...
read moreVolkswagen offers to rescue cabriolet manufacturer Karmann from bankruptcy
October 26, 2009 | 08:41pm CEToriginalKarmann has been under protection against creditors since April. Ideas of both companies of the price are though too different. Nevertheless, Karmann is pushed by time…
read moreCompanies to move from diesel motorizations to petrol ones
October 26, 2009 | 08:15pm CEToriginalThe difference in fuel consumption has declined more than in basic price. Another problem of diesel engines is diesel particulate filters (DPF)…
read moreMost of dismissed employees of Tatra to return to company next year
October 26, 2009 | 07:31pm CEToriginalAt the same time Tatra will introduce a four-day work week from November. Immediate leave by agreement is offset by compensation money…
read moreJan Krob to be CSOB Leasing sales head as of January 2010
October 26, 2009 | 06:59pm CEToriginalKrob comes to the leasing company from the parent CSOB. He replaced Radan Santora who...
read moreSpanish trade unions agreed with Magna to reduce number of redundancies in local Opel plant
October 26, 2009 | 04:49pm CEToriginalThose should be not more than 900. Magna also promised not to make any significant changes in the factory Figueruelas untill...
read moreSkoda Auto to reduce production of model Fabia from January, employees to help in Kvasiny
October 26, 2009 | 02:51pm CEToriginalThe carmaker agreed with trade unions on introducing time account of work time as well. Demand for the model Fabia could rise in Q2 again…
read moreNissan to also produce cars in plant of carmaker AvtoVAZ in Russia
October 25, 2009 | 09:47pm CEToriginalBoth carmakers together with Renault, which holds a 25% share in AvtoVAZ, are also considering a joint venture which would produce…
read moreFord to build another plant in China, sales growing by tens of per cent there
October 23, 2009 | 04:19pm CEToriginalIt will be Ford’s third plant in China in which the carmaker will invest USD 490 million. The new plant will be built within a joint venture…
read moreProduction of cars and LCVs in Czech Rep dropped by 4.5% in Q1-3
October 22, 2009 | 09:19pm CEToriginalSkoda Auto decreased production by 22.3%, Tatra by 63.2%, Avia by 53.6%. Production of TPCA stagnated. Hyundai produced…
read moreVolkswagen to buy a 49.9% share of Porsche AG instead of 42% planned originally
October 22, 2009 | 01:32pm CEToriginalVolkwagen also continues in planned cooperation with Porsche—delivering about one third of components for Porsche cars and wants to widen the cooperation further on…
read moreOpel’s cash could reportedly run short by mid-January
October 22, 2009 | 12:49pm CEToriginalAccording to General Motors CEO Fritz Henderson, a final agreement on selling Opel will be signed…
read more
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