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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
JATO Dynamics: Dacia Sandero (21,740 registered vehicles, -3%) was best-selling car in Europe (28 countries) in October, followed by Peugeot 208 (20,389, +40%), Volkswagen Tiguan (17,368, +72%), Renault Clio (16,987, +10%), Toyota Yaris Cross (16,542, +7%), VW Golf (16,455, +34%), Toyota Yaris (15,977, +46%), Kia Sportage (14,677, +8%), VW T-Roc (14,385, +8%) and Škoda Octavia (14,372, +16%). Overall market down by 0.1% to 1.04 million, led by Volkswagen, Toyota, Škoda, BMW, Mercedes, Peugeot, Renault, Audi, Dacia and Kia
November 21, 2024 | 03:47pm CETflashread more
European Hydrogen Week 2024: Representatives of Accelera by Cummins, ACEA, Air Liquide, Battolyser Systems, BloombergNEF, Clean Hydrogen Partnership, Dekra, Deloitte, DG MOVE, EBRD, Engie, EC (European Commission), EP (European Parliament), Greenlyte Carbon Technologies, Hydrogen Europe, Hypermotive, Hyvia, Iveco Bus, Linde, Orlen, Robert Bosch, ThyssenKrupp Nucera, Toyota Motor Europe, TÜV Nord, Uniper to speak at conference on hydrogen trends, technologies, projects in Brussels, Belgium (November 18-22)
November 21, 2024 | 03:36pm CETflashread more
Zebra Group (manufacturer of diesel, electric municipal vehicles with 25 employees in Prague and Hradec Králové, Czechia; over 850 vehicles produced for more than 330 customers since 2014; turnover of CZK 49 million/EUR 1.9 million in FY 2023) started to use financing from Venture Club (280-member investor club based in Prague, which in acquired 18% stake in Zebra Group for CZK 30 million/EUR 1.2 million in 2021-2022) in form of factoring of Zebra vehicle orders. From February to September, 25 vehicles financed through it, bringing total investment to almost CZK 50 million (EUR 2 million). Amounts for first 6 vehicles produced have also been successfully paid back to investors with fixed interest rate of 12-15%
November 20, 2024 | 01:58pm CETflashread more
VVA 2024: Tiyo to hold 16th seminar with subtitle 'DIY or golden Czech hands' to inspire current, future automotive developers in Lázně Bělohrad, Czechia on November 21. Representatives of Merkur Toys, Škoda Auto, Stavební geologie – Geosan (SG Geosan), CEITEC, CULS Prague Formula Racing, Faurecia Automotive Slovakia, Kostal Connectors, Sattelo, ÚJV Řež to speak at event
November 20, 2024 | 01:51pm CETflashread more
European Hydrogen Week 2024: European Commission (EC), Hydrogen Europe, Clean Hydrogen Partnership to hold conferences, exhibition, B2B forum, number of networking events on hydrogen trends, technologies, projects in Brussels, Belgium on November 18-22. Accelera by Cummins, AeroDelft, AGC Chemicals, Agfa-Gevaert, Air Products, Arthur Bus, Asahi Kasei, Ballard, Battolyser Systems, BMW, Bosch, Dynelectro, e-Mobil BW, FEV, Greenlyte Carbon Technologies, Hexagon Purus, Horizon Fuel Cell Europe, Hypermotive, Hyvia, Iveco Bus, Linde, Mitsubishi Corporation, Nippon, OPMobility, Orlen, RWE Generation, SSAB, ThyssenKrupp Nucera, Toyota Motor Europe, Uniper Hydrogen, Worthington Cylinders to join exhibition
November 20, 2024 | 01:45pm CETflashread more
Aleš Novák decided to leave Porsche Czech Republic (Porsche Holding Salzburg), devoting himself to his own business activities. Tomáš Navrátil, current SEAT's regional manager for Africa, Middle East and Turkey, to become new Head of SEAT and Cupra brands in Czechia on January 1, 2025
November 19, 2024 | 02:42pm CETflashread more
Changes
Hyundai to increase production capacities in China
August 10, 2009 | 04:07pm CEToriginalThe company considers the construction of its third factory in the country and also thinks about a takeover of some of the local carmakers...
read moreKord group including supplier of tire manufacturer Kordarna for sale
August 10, 2009 | 03:23pm CEToriginalAt the same time, the company will work on reorganization in order to get out of the bankruptcy. Over 10 investors have already expressed interest in Kordarna...
read moreScrap bonus in the USA exploited by 185,000 people, helping mainly to Ford
August 9, 2009 | 08:17pm CEToriginalCar sales in the USA reached this year’s maximum of 994,000 cars in July; in y/y comparison it however decreased by...
read moreBMW’s profit dropped by 76% along with downturn of revenues by 11% in Q2 due to low demand
August 9, 2009 | 03:55pm CEToriginalThe carmaker reacts to that by operational cuts and by leaving Formula 1 as well...
read moreCar sales in Italy, France and Spain boosted by scrap bonus in July
August 9, 2009 | 02:48pm CEToriginalIn Italy and France car sales went up y/y in July; in Spain the rate of downturn was slowed down from June’s 15.9% to…
read moreVolkswagen plant in Bratislava to cease Skoda Octavia cars production next year
August 5, 2009 | 09:35pm CEToriginalThe reason is a line release for the new model range of cars, whose production will begin under brands Volkswagen, Seat a Skoda in…
read morePassenger car sales in Germany increased by 29.5% in July
August 5, 2009 | 08:25pm CEToriginalThe growth is caused by the continuing government incentives in the form of scrap bonus. Sales of Skoda cars rose by...
read moreFehrer acquired new orders, cannot find workers in Liberec now
August 4, 2009 | 06:01pm CEToriginalThe company has solved the lack of workers by Saturday shifts already. The new orders for seven years are from the carmakers…
read moreFord to cancel 600 jobs in plant in Valencia
August 4, 2009 | 02:08pm CEToriginalThis represents 12% of all employees of the Spanish factory. At the beginning of this year, the carmaker has already reduced the production there…
read moreDiess: BMW and Daimler can buy up to 10% of all components together without harming the brands
August 4, 2009 | 01:17pm CEToriginalThose can be automatic system, wheels or tyres. By the year 2012, BMW wants to lower purchasing costs by…
read moreFord suspended sales of Swedish passenger car producer Volvo Car
August 4, 2009 | 12:30pm CEToriginalThe US carmaker is awaiting a result of the battle for Opel. The situation could be clearer after today’s meeting of the German government with GM’s representatives…
read moreBankruptcy of Magneton can cause problems to Bosch Diesel plant in Jihlava
August 3, 2009 | 05:45pm CEToriginalBosch takes components for production from Magneton to its Jihlava-based plant, this production employs…
read moreContinental to raise its capital by up to EUR 1.5 billion
August 3, 2009 | 01:59pm CEToriginalThe company wants to improve its financial situation this way. However, it could lose its CEO Karl-Thomas Neumman, whose suspension…
read moreCarmakers Renault, Mazda and Mitsubishi posting a loss this year
August 3, 2009 | 12:49pm CEToriginalRenault expects global car market to decline by 12%; a previous prognosis was 15%. In H2, the company intends to increase production by…
read moreCeska posta considers putting CNG drive into its car fleet
August 3, 2009 | 11:39am CEToriginalNevertheless, it has now put up a purchase of 600 delivery trucks with diesel engines for a tender, which replaces the cancelled tender from autumn 2008...
read moreSumitomo continues downturn in automotive production in Slovakia, this time in another division
August 2, 2009 | 11:23pm CEToriginalAfter the planned closure of the SE Bordnetze plant in Nitra, SEWS Slovakia, manufacturer of wiring harnesses for cars, has now announced the second wave of release...
read moreImporter of Kia cars to Czech Rep has new president since July
August 2, 2009 | 10:43pm CEToriginalInto the company Kia Motors Czech, H.L. Baik has come from the Korean headquarters, who replaced Kyung-Hyeon Kim after 4.5 years. That one left…
read moreProduction complex Alcoa Fujikura in Stribro is for sale for CZK 104 million
July 31, 2009 | 09:58am CEToriginalAt the end of July, 600 employees are leaving the company. Many of them have already found work, for example, in the manufacturer of decorative components for car interiors...
read moreGM vice-president: We can not accept conditions included in Magna offer
July 31, 2009 | 09:17am CEToriginalAmong the controversial points there are the intellectual property of Opel and GM’s activities conditions in Russia. In contrast, RHJ offer is...
read moreAAA Auto returned to black numbers in Q2, net profit reached EUR 1.6 million
July 30, 2009 | 11:15pm CEToriginalIt happened at a significantly lower sales volume, at revenues decline by 43.2%. The company aims to post net profit even for this whole year; the plan may be affected...
read moreChevrolet dealer network in Czech Rep undergoing radical change
July 29, 2009 | 10:21pm CEToriginalFour dealers added up in 2008, and one in 2009. The biggest changes go through the eastern Bohemia, where the dealer activities have been ended by companies...
read moreMicro-Vett initiated production of electric car Fiat 500
July 29, 2009 | 09:50pm CEToriginalThe Italian company has 15 orders for the model already. Micro-Vett plans on expanding its dealer network in Europe in the meantime; newly to the region CEE…
read moreMagna improved bid for Opel purchase
July 29, 2009 | 08:11pm CEToriginalAutomotive supplier Magna is now offering EUR 350 million from its own resources and in convertible bonds...
read moreToyoda Gosei resumed five-day work week in Klasterec after five months
July 29, 2009 | 04:30pm CEToriginalThe company dismissed 85 people due to the crisis at the end of the last year. At the beginning of the next year, the company expects a growth of sales and wants to increase the number of employees to…
read moreFlemish government provided guarantees for credit from EIB to Volvo Car for production of new models S60 and V30
July 29, 2009 | 03:46pm CEToriginalAt the same time, the government expressed worries over liquidating Opel’s plant in Antwerp, which is intended by Magna and RHJ, too. Belgium is said to have offered Opel for modernization of the plant…
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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