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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
Car sales dropped in Slovakia in September after six months of growth
October 14, 2009 | 08:50am CEToriginalResults for Q1-3 though show a growth by 1.5%. Over the whole year, Slovakian Automotive Industry Association (ZAP) expects…
read moreGoodyear Dunlop Tires goes on with management restructuring in Central Europe
October 13, 2009 | 06:25pm CEToriginalMarketa Valtrova left the position of marketing manager for the Czech Republic. Marketing in the Czech Republic, Poland and Hungary will be the responsibility of...
read moreTrelleborg in Hradek acquired further orders from Audi, BMW and Volkswagen
October 12, 2009 | 11:52pm CEToriginalThe company needs to sign up 60 people in October due to the growth of orders for Audi and Volkswagen. Further orders will arrive in H1 2010, which will increase production and revenues to...
read moreAUTO 2009: Skoda Auto to sell more than 600,000 cars mentioned so far this year, as last year maybe
October 12, 2009 | 11:37pm CEToriginalThe expected drop of sales in Russia, Ukraine and India will be compensated by a growth in China. Sales will be boosted by new products as well; Skoda has already had orders for Yeti…
read moreGM signed agreement on selling brand Hummber to Chinese company Sichuan Tengzhong
October 12, 2009 | 11:02pm CEToriginalSichuan Tengzhong will acquire an 80% share in Hummer. The remaining 20% will fall to Hong Kong investor Suolang Duoji. Price of the transaction…
read morePutin promised more money for Russian carmaker AvtoVAZ
October 12, 2009 | 10:52pm CEToriginalFrench carmaker Renault holds a 25% share in it. The carmaker is interested in developing activities in Russia but has not made any particular promises…
read moreKafka service opened tire repair shop and car service under head of Premio network in Prague 9
October 12, 2009 | 08:33pm CEToriginalThe company has become a franchising partner of a service concept made by company Goodyear. Kafka service offers…
read moreAUTO 2009: BOS Automotive not keeping up production at one of lines in Klasterec
October 11, 2009 | 11:19pm CEToriginalThe reason is the production of an innovative component of the luggage compartment for Mercedes-Benz E limousine, which the carmaker might introduce even to other models...
read moreSkoda Fabia suppliers do not want to fire regarding car production decline
October 11, 2009 | 09:06pm CEToriginalSkoda Auto reduced the daily production of Fabia cars from 1,200 to 1,000 a week ago; it is planning a production shutdown, too. Suppliers intend to copy the carmaker’s solution...
read moreAvtoVAZ to dismiss 27% of staff, half of them to retire
October 11, 2009 | 12:54pm CEToriginalHowever, the company plans to re-hire 6,000 employees for the new production line on which it has been cooperating with...
read moreHyundai to produce less than sheduled 160,000 cars in Nosovice this year
October 8, 2009 | 11:54pm CEToriginalIn Q1-3 this year, the plant produced about 70,000 cars. A new model Kia Venga, whose production will start in November, is going to contribute to the overall production by...
read moreFRANKFURT: Volkswagen increased sales by 9.5% in August, Skoda Auto recorded less growth
October 8, 2009 | 11:33pm CEToriginalCzech carmaker reached the highest monthly sales of this year in August. For eight months, however, sales plummeted by...
read moreAutobond to plan growth of sales by 30% in 2009, revenues should grow by 15%
October 8, 2009 | 10:25am CEToriginalThe reason of the expected growth of sales is mainly an expansion of its portfolio of offered brands and entry to new regions. Sales of particular brands makes…
read moreAUTO 2009: Carmakers and suppliers expect Christmas production shut-downs to be longer in 2009
October 8, 2009 | 09:50am CEToriginalPassenger car market will not develop too optimistically in Q1 2010, according to them. Most carmakers will plan shut-downs from…
read moreCEO of Allianz pojistovna Miroslav Tacl reportedly to have been withdrawn
October 7, 2009 | 11:23pm CEToriginalThe reason should be personnel disagreements among board members. Tacl rejected to comment on anything. He should stay at the head of the insurance company until…
read moreIIR holding a conference on legislation in automotive industry in second half of October
October 7, 2009 | 10:56am CEToriginalSpeakers’ lectures will be concerned with European and Czech legislation, contractual relations with suppliers, legal framework of relations with dealers, block exemption…
read moreSkoda Auto without production director for half year
October 6, 2009 | 11:11pm CEToriginalHorst Muhl retired from the post of board member responsible for production at the end of March. His competencies have been temporarily taken by...
read moreTatra to release 530 employees in October, and reduce working week
October 6, 2009 | 10:37pm CEToriginalThe company is therefore responding to the continuing sales declines of trucks on the market. At the end of this year, Tatra plans to employ...
read moreUS consortium Crown interested in manufacturer of passenger cars Volvo Car
October 6, 2009 | 10:03pm CEToriginalThis is the second candidate after the Chinese carmaker Geely. Crown has reportedly secured the financing, at the head of the consortium there are former chiefs of American carmakers...
read moreKia Motors to build new factory producing engines in Slovakia
October 5, 2009 | 11:08pm CEToriginalThe next engine plant is also needed to maintain a synergy with the Czech Hyundai plant in Nosovice, which will supply the Kia Motors Slovakia with transmissions from the new operation...
read moreFaurecia to invest EUR 5 million in French plant in Audincourt
October 5, 2009 | 10:34pm CEToriginalThe investment is coming after the company has freed place in the plant by transferring a part of dashboard production in the Czech Republic…
read moreFRANKFURT: Investor Wilbur Ross to acquire another automotive supplier this year
October 5, 2009 | 10:12pm CEToriginalHis company IAC completed the acquisition of the company Stankiewicz in July. If carmakers were dependent on fewer suppliers, they would be able to…
read moreCar sales up due to scrap bonus in Italy, France and Spain in September
October 5, 2009 | 09:09pm CEToriginalSeptember growth of sales in these countries ranged between 5 and 20%. Basic or small models have a share in the overall car sales in France…
read moreHydro obtained order from Audi for delivery of aluminum bumpers for upcoming model
October 4, 2009 | 10:51pm CEToriginalThe half-finished products will be manufactured in Norway. Assembling should proceed in a newly built plant in the Czech Republic then where problem have appeared now…
read moreSkoda Auto in Ukraine to switches from assembling to production subsequently
October 4, 2009 | 09:57pm CEToriginalIts Ukrainian partner Eurocar is building a welding shop and a paint line. The amount of the investment, production capacity after extension of the plant, providers of technologies are…
read more
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