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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
Carmakers to be further able to sell cars exclusively at specialized dealers
July 22, 2009 | 10:39pm CEToriginalThe European Commission has proposed the exemption extension for another three years, namely until 2013. In the Czech Republic, the block exemption caused...
read moreVehicle production dropped by 11.3% in Czech Rep in H1
July 22, 2009 | 09:53pm CEToriginalSkoda Auto reduced production by a third, in H2 the fall should be due to the scrap bonus lower. In addition, Hyundai will launch production of its next model, therefore the domestic production will increase by...
read moreTiberina bought from bankrupt automotive supplier Wagon its Czech plant in Bela
July 22, 2009 | 09:01pm CEToriginalThe plant in Bela, supplying the Czech and European carmakers, has at the same time changed its name to Tiberina Automotive Bela. The transaction value reached...
read moreEurocar plant in Ukraine stopped Skoda cars assembly due to company holiday in carmaker in Czech Rep
July 22, 2009 | 06:23pm CEToriginalSkoda Auto is, however, considering the production shutdown extension for Ukraine in the plant in Vrchlabi after the holiday as well. The reason is...
read moreCSOB Leasing began offering short financial leasing for vehicles - for 2 years already
July 22, 2009 | 05:36pm CEToriginalBy this offer, the company responds to the amendment of the Income Tax Act. The customer has the option to manage the time for which the new investments reflect in...
read moreDismissals in carmakers and suppliers brings extreme forms of protests too
July 21, 2009 | 06:10pm CEToriginalHundreds of fired employees of the South Korean carmaker SsangYong have occupied a part of the plant today and are attacking interfering policemen with slingshots...
read moreAutomotive supplier Continental returned to profit in Q2
July 21, 2009 | 04:43pm CEToriginalThe company reported an operating profit of EUR 38.8 million after a loss of EUR 165 million in Q1. The results were supported by...
read moreEmployees from French auto parts plant not threatening with its demolishing anymore
July 21, 2009 | 01:31pm CEToriginalFrance's industry minister has promised to meet labour unions in the plant on Wednesday. Attitude of the main customers Renault and PSA has not changed...
read moreEurocar plant in Ukraine suspended Skoda car assembly
July 21, 2009 | 12:24pm CEToriginalThe reason is a downturn of the local market. The drop in Ukraine is being successfully compensated by deliveries to Russia. Lower demand troubles also an assembly plant in…
read moreGeneral Motors has three final bids for Opel's purchase, to be reviewed now
July 21, 2009 | 11:19am CEToriginalThe bids have been proposed by Magna/Sberbank, RHJ and BAIC. Magna and Sberbank newly require Opel's intangible rights and have also increased the bid...
read moreEC approved state help for new plant of Daimler in Hungary
July 20, 2009 | 07:48pm CEToriginalDaimler intends to invest EUR 800 million in a new production capacity and to create 2,500 jobs. The state help will have the form of...
read moreLeasePlan: Companies approaching operating leasing due to tax laws changes
July 20, 2009 | 03:48pm CEToriginalThe share of the total operating leasing rose in the movable assets financing to 28% in Q1. Fleet has been transferred from the ownership to the operating leasing also by Adidas...
read moreFrance plans for extending scrappage scheme until next year, the bonus should go down gradually
July 20, 2009 | 02:34pm CEToriginalThat should prevent a big shock on market. According to the French government, the system of scrap bonuses should proceed at all-European level...
read moreCKP: Share of cars without damage liability fell to 8.7% in June
July 20, 2009 | 02:01pm CEToriginalIt is a y/y decrease of 3.5 of the percentage point. The reason of this development is the introduction of a penalty contribution of uninsured, on which it has been collected...
read moreHyundai to invest EUR 130 million in Czech Rep during two years
July 20, 2009 | 10:17am CEToriginalThe investment will go to construction of another hall at a transmission plant and new technologies. Capacity of transmission production will thus move up to...
read moreVolkswagen is close to agreement on Porsche carmaker control
July 19, 2009 | 11:00pm CEToriginalThe shareholders of the new VW-Porsche group would be families Piech and Porsche, Lower Saxony and Qatar. Porsche employees do not like it and threaten...
read moreRHJ International offers EUR 275 million for Opel’s half
July 19, 2009 | 10:22pm CEToriginalRHJ’s offer assumes that Opel will produce less, so that the number of employees will fall. It should leave the company up to...
read moreJaguar to cease X-Type model’s production after eight years
July 17, 2009 | 04:21pm CEToriginalDue to this fact, there will be 300 jobs terminated in the UK plant in Halewood. Because of the weak demand for luxury cars the factory will also interrupt its operation...
read morePorsche head Wendelin Wiedeking supposedly leaving the company, carmaker denies it
July 17, 2009 | 04:07pm CEToriginalAccording to the German press his successor should be decided in the near future. For the present, he might be replaced by...
read moreNissan and Honda to increase production capacities by 20% in China
July 17, 2009 | 12:21pm CEToriginalThe reason is strong demand on the local market. The increase of the carmaker’s production will be reached by adjusting shift operation and by signing up new employees…
read moreEU car production down by 35% in Q1, scrap bonus only reduced the drop
July 17, 2009 | 09:39am CEToriginalProduction of passenger cars declined by 31% whereas production of commercial vehicles by 57%. Over the whole year 2009 ACEA estimates a downturn by...
read moreFord and Mazda opened joint car plant in Thailand
July 16, 2009 | 09:10pm CEToriginalThe investment amounted to USD 500 million. The plant with annual production capacity of 100,000 cars will be producing...
read moreEmployees of French auto parts plant threaten with blasting it away
July 16, 2009 | 05:31pm CEToriginalTrade unions ask for compensation money amounting to EUR 30,000 for each of the 366 employees. The company is a supplier of the carmakers Renault and PSA, which...
read moreSkoda car sales in China up by 46.2%, sales of concern Volkswagen by 22.7%
July 16, 2009 | 05:03pm CEToriginalChinese market is now growing thanks to state incentives, and should increase by 20% this year and by 15% next year. Volkswagen and Skoda Auto have further plans there...
read moreHyundai - another carmaker refused to wait for scrap bonus introduction in Czech Rep
July 15, 2009 | 08:43pm CEToriginalCitroen and the used car dealers AAA Auto and Auto Esa already offer their own version of scrappage scheme in the Czech Republic. However, Hyundai’s special offer only applies to…
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