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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
Bain Capital to sell FTE Automotive
July 8, 2016 | 12:41am CEToriginalThe buyer, price, timing, transaction advisors, profile of the German manufacturer of automotive components with operations around the world, including the Czech Republic and Slovakia...
read moreVolkswagen factories in Slovakia to have company-wide holiday
July 7, 2016 | 11:29pm CEToriginalHowever, this relates to two of the four plants only. Locations, dates of summer shutdown, the affected employees, technological and structural adjustment of facilities...
read moreCar sales in Germany up by 8.3% in June
July 6, 2016 | 11:17pm CEToriginalThe slowdown in growth, registrations of individual brands, results in H1, production and export, VDA’s outlook for 2016...
read moreCompany-wide holiday at Czech Hyundai plant to begin soon
July 3, 2016 | 10:39pm CEToriginalThe term of a two-week summer shutdown of production, which the company uses for repairs, adjustments and cleaning of production lines…
read moreBrexit: GM could increase production in UK
July 1, 2016 | 12:23am CEToriginalThe carmaker would consider this option if sterling remained at a low level for a longer time. Profile of the plants in England...
read moreCompany-wide holiday to begin at Czech Skoda Auto’s plants
July 1, 2016 | 12:04am CEToriginalIt will, however, be several weeks earlier than in 2015. A summer production shutdown at the Czech plant of Toyota and PSA will be later though. Installing of new robots...
read moreCSOB Pojistovna made several personnel changes in management in Czech Rep
June 30, 2016 | 11:52pm CEToriginalThese relate to three posts. Affected managers and their careers, growth plan of the insurer by 2018...
read moreSport-Press changed owner
June 30, 2016 | 12:21am CEToriginalIt is an agency that organizes failing competition Car of the Year in the Czech Republic. The new owner with extensive activities not only in the automotive industry…
read moreHallmark (Jaguar Land Rover): Brexit not to affect plans for Slovak factory
June 30, 2016 | 12:01am CEToriginalAccording to unofficial information, the automaker suspended this investment in continental Europe ahead of the referendum on the EU...
read moreLouda Auto to close one branch in Czech Rep
June 29, 2016 | 11:48pm CEToriginalLocation, brands concerned, timing, reasons...
read moreLMC Automotive: Car sales in UK to fall by 15% by 2018
June 27, 2016 | 11:57pm CEToriginalRevision of the forecast, the consequences of the Brexit referendum, the biggest impact on production in Germany, Spain, United Kingdom, France, Czech Republic and Poland...
read moreNissan appointed fleet manager for Slovakia
June 27, 2016 | 11:47pm CEToriginalHowever, Veronika Svobova is still in charge of the Czech and Slovak markets. An executive with extensive experience in car financing will take care of Slovak corporate customers...
read moreUniCredit Leasing recorded several personnel changes in Czech Rep and Slovakia
June 27, 2016 | 12:11am CEToriginalThe division concerned, managers and their careers, positions, promotion of one manager, timing...
read moreCzech Rep to record charging stations for EVs
June 26, 2016 | 11:47pm CEToriginalIt is thus responding to the EU directive. The institution concerned, amendment to the Act on Fuels, classification of charging stations, changes for the classic petrol stations...
read moreBrexit: Jaguar Land Rover expects profit decline, Ford suggested layoffs
June 26, 2016 | 11:30pm CEToriginalVDA highlighted the danger of moving production of cars and parts from the United Kingdom. However, the outcome of the referendum is not binding for the British government...
read moreCzech Rep withdrew from environmental tax for Euro 3 vehicles
June 23, 2016 | 09:10pm CEToriginalThe Ministry of the Environment also backed away from fee increases for the transfer of used Euro 2 vehicles and older. Declared reasons...
read moreArval Mid Term Rental: Arval expands its car rental fleet in Czech Rep
June 22, 2016 | 11:42pm CEToriginalReasons for the service creation, utilization, brands and models for medium-term lease, limiting the cooperation with car rental companies...
read moreStrategy 2025: Skoda Auto to invest billions of crowns in digitization
June 21, 2016 | 11:55pm CEToriginalThis applies to both company and their products and services. Virtual reality, 3D technology, Industry 4.0, BEVs, dashboard personalization, voice and gesture control, HR...
read moreSMMT: UK' exit of EU to increase production costs and threaten jobs
June 21, 2016 | 11:18pm CEToriginalThe country’s remaining in the EU is supported by Jaguar Land Rover, Vauxhall, Toyota, BMW, GKN or Magal Engineering. Arguments of Brexit supporters...
read moreVolkswagen to make rotation of CFOs of two brands
June 20, 2016 | 11:57pm CEToriginalBoth have been in their current positions for over five years. The brands concerned, managers and their careers, timing...
read moreCzech dealer of Ferrari and Maserati moved sales of new cars
June 20, 2016 | 11:48pm CEToriginalThe original and the new location of the showrooms, the author of the new premises, a new car service centre, HR...
read moreUnions in Czech plant of Toyota and PSA not adopted mediator's proposal
June 19, 2016 | 11:56pm CEToriginalHowever, TPCA is going to apply it. Content of the recommendation, timing, announcement of a strike alert, further extension of the current collective bargaining agreement...
read moreTogether – Strategy 2025: Volkswagen to invest tens of billions of euros in transformation and development
June 19, 2016 | 11:13pm CEToriginalDetails of the new strategy, plans with battery electric vehicles, financial objectives, changes in product portfolio and manufacturing of components...
read moreDaimler considers building factory in Russia
June 15, 2016 | 11:28pm CEToriginalReasons, the first car plant in the country, talks with the Russian government, the alleged investment amount, mode of production/assembly, capacity, models...
read moreFCA to reduce production in Serbia
June 15, 2016 | 10:51pm CEToriginalReduction of the number of shifts, layoffs, affected models, production in 2015...
read more
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