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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
Louwman plans sales growth of Toyota cars by 25% in Czech Rep in 2009
September 24, 2009 | 01:07am CEToriginalThe company has opened its second Toyota showroom in the Czech Republic - in Usti nad Labem this year. In 2009, Louwman Motor Praha plans to sell...
read moreChinese carmaker Geely offered help in Opel share purchase to Magna
September 24, 2009 | 12:58am CEToriginalMagna and Geely have reportedly started negotiations, but the Canadian automotive supplier...
read moreVolkswagen might agree on share purchase in Suzuki this year already
September 24, 2009 | 12:48am CEToriginalThis is a condition for the cooperation establishment. Suzuki would get access to various Volkswagen’s technologies, while Volkswagen...
read moreMazda has new financial and marketing directors in Czech Rep and Slovakia
September 22, 2009 | 11:44pm CEToriginalThomas Egan and Martin Bucek left the Prague-based office, being at Mazda since the establishment of direct importer representation. Their posts have been taken by...
read moreAAA Auto continues to sell real estates, now in Brno, Kladno and Tabor
September 22, 2009 | 08:57pm CEToriginalFor sale are useless land and showrooms as well as the used car centres’ business premises, which the company intends to re-hire...
read moreRobert Bosch to call off 10,000 jobs in 2009, part-time job waiting for 100,000 employees
September 22, 2009 | 06:20pm CEToriginalThe company expects revenues’ drop by 15% in 2009. Bosch sees the first signs of recovery, but the return to pre-crisis levels might occur in...
read moreFRANKFURT: Lotus prepares to enter Czech market, having no interest in Slovakia now
September 21, 2009 | 10:35pm CEToriginalBritish manufacturer of sports cars negotiates the representation with two partners in the Czech Republic. Decision on a new dealership in Prague will be made...
read moreLouwman to begin sale of Ford cars, buying dealership in Czech Rep
September 21, 2009 | 09:41pm CEToriginalThis is the company’s first activity regarding the Ford brand in Europe. Apart from brands Toyota and Lexus, Louwman intends to expand in the Czech Republic concerning the sales of Ford cars...
read moreSkoda dealer network in Czech Rep gets into troubles; sales falling faster than number of showrooms
September 21, 2009 | 08:41pm CEToriginalDealers are competing more than in the past; however the number of Skoda sales outlets in the Czech Republic fell in more than a year and half to...
read moreCar sales in Europe rose by 3% in August
September 21, 2009 | 06:09pm CEToriginalIt kept growing after 2.8% in July. It has been mainly caused by the scrap bonus, however, the situation is different in each country...
read moreIIR holding special conference Auto 2009 in Prague in early October
September 20, 2009 | 09:19pm CEToriginalThe eighth year of this event subtitled "The prosperity of the Automotive Industry at Risk?“. The conference will be attended by...
read moreMagna may excess up to 10,500 jobs at Opel plants in Europe, including 4,500 in Germany
September 20, 2009 | 04:47pm CEToriginalOpel is then planning to invest EUR 170 million in Russia. However, it has been previously talked about a sum...
read moreNew decree provides series of changes for motorists since mid-September, another in 2011
September 20, 2009 | 01:46pm CEToriginalVehicles under 3.5 tonnes may now have only a tire repair kit instead of a spare wheel. Passenger cars converted to light commercial vehicles...
read moreLouwman opened new Toyota showroom in Prague 13 - Zlicin
September 18, 2009 | 07:37pm CEToriginalIt is a second Toyota showroom of the company Louwman in the Czech Republic, the other one is in Usti nad Labem. Part of the new showroom is also a used car centre and...
read moreState holding Russian Technologies might include Opel share of Sberbank
September 18, 2009 | 07:16pm CEToriginalFurthermore, there should be state-owned shares in the Russian carmakers AvoVAZ and Kamaz. AvtoVAZ will release 5% of employees, from mid-December, however...
read moreVolkswagen plans to invest EUR 4 billion in China by 2011, mainly to production capacities’ increase
September 18, 2009 | 01:47pm CEToriginalIt is therefore trying to keep up with the rapid growth of the local market. Volkswagen will be probably able to double sales in China earlier than in...
read moreFRANKFURT: Plug-in hybrid manufacturer Fisker to enter Czech Rep in autumn, and Slovakia soon
September 17, 2009 | 11:51pm CEToriginalThe official representation will be announced in the second half of October. Czech partner of the new American carmaker will be...
read moreAvia plans to enter light commercial vehicles’ segment weighing from 1.5 to 6 tons
September 17, 2009 | 11:15pm CEToriginalIt is now manufacturing trucks from 6 to 12 tons. Although the economic crisis is now putting the intention off, Avia seeks a partner for this project...
read moreSrba Servis became authorized Seat dealer
September 17, 2009 | 10:47pm CEToriginalThe company has extended its portfolio of offered brands including Saab, Opel, Chevrolet, Fiat, Alfa Romeo and Volvo. New Seat showroom has been opened by Srba Servis in...
read moreSAP: Revenues of carmakers and suppliers to decrease by 5% to 10% in Czech Rep in 2009
September 17, 2009 | 05:36pm CEToriginalCompanies in the automotive industry have released 15% of employees for the last year’s time. They are now calling for the scrap bonus introduction, which might be even on commercial vehicles…
read moreHyundai/Kia to enrol more staff than originally planned in Korea in H2
September 17, 2009 | 04:03pm CEToriginalIt will be 3,300 people, which is compared to the original plans by one-third more. Most of the new employees should work on research and development...
read moreChrysler ended alliance with Hyundai and Mitsubishi for engines’ production in USA
September 17, 2009 | 02:43pm CEToriginalUS carmaker has therefore cancelled another partnership after the Italian carmaker Fiat has acquired its 20% stake. Carmakers Hyundai and Mitsubishi sold their shares...
read moreSales of passenger cars and light commercial vehicles in Slovakia rose by 5% in August
September 17, 2009 | 12:29pm CEToriginalFor the first eight months, sales rose by 3.5% y/y. Brands performing the best were...
read moreCooperation of Credium and Fiat Group in car financing field spread to Slovakia
September 16, 2009 | 10:33pm CEToriginalThe exclusive cooperation has been running in the Czech Republic since 2007. Financing of vehicles Fiat, Alfa Romeo and Lancia is successful on the Czech market; penetration reaches...
read moreAuTec gradually transforming to Invelt, Pavel Bastar took leading in August
September 14, 2009 | 10:18pm CEToriginalThe company has already ceased the sale of Nissan cars and closed a BMW showroom in Letna, Prague 7. Rebranding will be completed in...
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