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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
Alcoa ends production in the Czech Rep because of low sales and also strong domestic currency
June 30, 2009 | 04:32pm CEToriginalStaff of the Stribro-based plant intends to organize protests before the next round of negotiations with trade unions on Wednesday...
read moreA. Charouz to import electric cars to Czech Rep, as well as hybrids
June 29, 2009 | 11:13pm CEToriginalFirst, it will be utility vehicles, later followed by passenger cars. A. Charouz is already agreed on the first car delivery in the Czech Republic, but negotiating with other subjects...
read morePorsche against sale of 49% share to carmaker Volkswagen
June 29, 2009 | 10:00pm CEToriginalThis sale is part of a proposal for the German carmakers’ merger, in which Qatar would play a big part...
read moreSberbank could withdraw from transaction with Opel
June 29, 2009 | 09:18pm CEToriginalFor GM is constantly changing conditions; a possibility of reverse stock buyout is not up-to-date anymore. There are reportedly no other clients concerned in Opel…
read moreGrant Thornton: Car manufacturers from Europe and Asia to dominate in North America
June 29, 2009 | 08:26pm CEToriginalGM, Ford and Chrysler will according to the study reduce its production capacity by more than 35% by 2012. Other carmakers will increase their production by about 20% to more than...
read moreChinese authorities probably to reject takeover of the US carmaker Hummer
June 29, 2009 | 06:29pm CEToriginalThe problem can be high consumption of the cars Hummer but also insufficient experience of the company Sichuan Tengzhong with car production…
read moreProducer of the cheapest car in the world Tata Motors fell in loss last year
June 29, 2009 | 05:59pm CEToriginalThe company posted out a loss for the first time after eight years mainly due to low demand and loss of the carmaker Jaguar Land Rover. These cars launched market…
read moreAdams: Tatra expects drop of revenues by about 40% this year
June 29, 2009 | 04:55pm CEToriginalThe carmaker wants to dismiss 500 more people due to a drop of orders by the end of the year and to reach a target number of work places...
read moreVolkswagen aims to have major word in merger with carmaker Porsche
June 28, 2009 | 09:06pm CEToriginalVolkswagen plans to gain a 49% share for EUR 3 to 4 billion in Porsche first. Qatar should then buy Porsche options...
read moreAlcoa Fujikura probably ending in Stribro, releasing most of its 730 employees by end of year
June 28, 2009 | 07:58pm CEToriginalAccording to trade unions it is linked to the moving of part of contracts to Romania. The company has still some work for...
read moreMichelin might cancel up to 3,500 jobs in France by 2011
June 26, 2009 | 06:37pm CEToriginalThe company has previously announced a plan for 700 jobs cancellation within the Toul plant closure. Through voluntary redundancies of its employees it intends...
read morePSA increased daily production by 6% in Trnava due to higher demand
June 26, 2009 | 05:18pm CEToriginalAt the same time the plant will dismiss less people this year than suggested earlier. The carmaker also considers prolonging working time or...
read moreEurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU
June 26, 2009 | 01:17pm CEToriginalThe scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
read moreVolkswagen wants to offer more mini cars in Europe, considering cooperation with Suzuki
June 26, 2009 | 11:39am CEToriginalVolkswagen would provide diesel engines within the cooperation and Suzuki underbody platform. The German carmaker reportedly requires a share in Suzuki amounting to...
read moreHorst Koulen leaves Czech Rep, importer license and number of dealers for sale
June 25, 2009 | 11:33pm CEToriginalThe reason is probably the loss of BMW importer license. AuTec Group has already changed its owner, it was bought by...
read moreToyoda: Toyota to return to profit in two years at earliest, focusing on hybrids in Europe
June 25, 2009 | 06:34pm CEToriginalCarmakers Toyota, Honda and Nissan decreased production by about one third in May. However, Toyota is not planning closures of some plants...
read morePwC: Tire manufacturers’ revenues fell by about 25% this year, recovery to come in 2011
June 25, 2009 | 05:52pm CEToriginalBarum Continental felt a drop in demand for passenger tires by 10% and by 25% at truck tires this year. The situation should improve in Q3 after the start of deliveries for...
read moreFord to reduce number of suppliers to about half
June 25, 2009 | 04:18pm CEToriginalIt intends to continue with the reduction in the following years. This step also relates to the fact that many automotive suppliers...
read moreKPMG: Most managers of world insurance companies expect a growth during next 12 months
June 25, 2009 | 03:08pm CEToriginalExpectations of insurance business are good both in the world and the Czech Republic. Managers expect a natural growth and a growth by...
read moreCEZ: One million electric cars to operate in Czech Rep in 15 years at earliest
June 25, 2009 | 02:18pm CEToriginalBy 2012, there should be 25 models of electric cars on the market. CEZ negotiate with almost all carmakers within the other testing projects…
read moreQatar probably to acquire share in carmaker Volkswagen from Porsche
June 25, 2009 | 01:09pm CEToriginalPorsche is ready to provide option for purchasing a share in Volkswagen to Qatar, according to sources, in an amount of...
read moreNew head of Mazda for Central and South East Europe to become Jerome de Haan
June 24, 2009 | 09:40pm CEToriginalHe will replace Josef Schmid in the post, who has been appointed head of Mazda Motors Deutschland. Thomas Rothe...
read moreGeneral Motors supposedly require Opel redemption option
June 24, 2009 | 09:15pm CEToriginalAccording to the main candidate Magna, the purchase is in the existence of such an option absolutely impossible. The other GM’s conditions are...
read moreIAC Group to buy nine plants of bankrupt German automotive supplier Stankiewicz
June 24, 2009 | 08:36pm CEToriginalThese are plants in Germany, Belgium, Poland and the Czech Republic, where IAC will take over the manufacturer of acoustically insulating components for cars...
read moreKia cee'd facelift: Production to start in mid-July, being presented to public at Frankfurt Motor Show
June 24, 2009 | 06:14pm CEToriginalEven thanks to this, the carmaker will extend working hours in Slovakian plant in Zilina. There will be innovations at cee'd model...
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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)...
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Czech antitrust authority imposed fine on two car dealers for cartel
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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
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