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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
Michelin is said to close 1,500 work places, company denies it meanwhile
June 16, 2009 | 06:01pm CEToriginalThe dismissals should be part of the company's measures against the global decline of demand for tyres...
read moreUOHS allowed US fund Platinum to take over company Alcoa Fujikura Czech as expected
June 16, 2009 | 12:18pm CEToriginalPlatinum has taken over the Czech producer of cable harnesses for cars by means of a Luxembourg company Project Del Holding...
read moreFormer member of General Motors executives Bo Andersson to lead Russian carmaker GAZ
June 16, 2009 | 10:35am CEToriginalAndersson unexpectedly decided to leave GM last week, not giving any reasons. GAZ yet appears in planned Magna’s entry into the carmaker Opel...
read moreSumitomo Corporation continues in damping automotive activities in Central Europe
June 15, 2009 | 08:27pm CEToriginalSE Bordnetze, a producer of cable harnesses for cars, will reportedly cease production in Slovakia. The company has though denied that. Conversely, it prepares…
read moreBMW tightened up sale conditions for car brand Mini, dealers must have separate showroom
June 15, 2009 | 07:56pm CEToriginalTherefore there are only two authorized dealers of Mini in the Czech Republic currently—a Prague-based company AuTec Group and a Brno-based company Renocar, which is soon opening...
read moreScrapyards: Scrap bonus to worsen situation in jalopy treatment field
June 15, 2009 | 05:46pm CEToriginalEnvironmental liquidation of old cars is unprofitable, among others, due to a decrease in purchasing raw material prices. Companies are not planning to invest before the scrap bonus introduction...
read moreOver 60,000 people applied for scrap bonus in Great Britain over a month
June 15, 2009 | 05:04pm CEToriginalThe government have set apart GBP 300 million for the scrappage scheme so they are ready for supporting sales...
read moreQatar close to taking over share in German carmaker Porsche
June 15, 2009 | 09:53am CEToriginalAn agreement with Qatar is reportedly supported by majority of the Porsch and Piech families. The decision on selling the share could be made...
read moreSpecialists do not like hiring agency staff instead of people dismissed from full-time employment
June 14, 2009 | 11:22am CEToriginalTherefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
read moreEC: Support of US carmakers could harm global trade
June 14, 2009 | 10:20am CEToriginalA confidential report of EC criticizes support of the carmakers General Motors and Chrysler, but also anti-crisis measures in some other states such as...
read moreHradek-based Trelleborg acquired new orders from VW Group and BMW Group
June 12, 2009 | 02:52pm CEToriginalThe company is going to hire 60 new employees; it employs about 360 people. The company has acquired new orders for cars…
read moreSaab to be bought by Swedish carmaker Koenigsegg and Norwegian investors
June 12, 2009 | 12:26pm CEToriginalBoth parties have reportedly signed a preliminary agreement yesterday and should definitely announce the deal in…
read moreCrisis made luxury car dealers reduce prices rapidly in Russia
June 12, 2009 | 12:08pm CEToriginalFor instance the company Mercury, which represents the brands Bentley, Bugatti, Ferrari, Maserati and Lamborghini in Russia, is now selling out stock cars from the last year...
read moreChanges in Ford in Olomouc: The new and the only authorized dealer is Cars Morava
June 11, 2009 | 11:58pm CEToriginalOther dealers have agent status only. Cars Morava has opened a new showroom in Olomouc which the company plans to extend. Sale plans make…
read moreBiofuel E85 started being sold in Czech Rep, a litre for CZK 25
June 11, 2009 | 11:54pm CEToriginalA first filling station was built in Mlada Boleslav. There is a range of models with drive consuming a biofuel E85, most of them from Swedish carmakers. Skoda Auto...
read moreMagna reputedly aims to cancel 11,600 jobs in Europe
June 11, 2009 | 06:41pm CEToriginalIt has been counted with the abolition of only about 10,000 jobs so far, including 2,500 in Germany. The German government is still in contact with other candidates...
read moreCeske drahy began cooperation with Hertz car rental, car to be laid on station
June 11, 2009 | 05:56pm CEToriginalSo far, the offer is valid for five stations in four major cities, where Hertz has set up a meeting point. Ceske drahy customers will get a discount...
read moreThird interested company in carmaker Saab is US investment company Merbanco
June 11, 2009 | 05:21pm CEToriginalIn late May Swedish media were talking about the Italian carmaker Fiat apart from Koenigsegg and Renco Group. GM has two options considerng the sale of Saab...
read moreMedian: Czechs appreciate scrap bonus but are not likely to buy new car
June 11, 2009 | 11:52am CEToriginalAlmost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
read moreChrysler and Fiat founded alliance, US court rejected appeal of objectors to transaction
June 11, 2009 | 10:25am CEToriginalFiat will acquire a 20% share in a new company entitled Chrysler Group LLC. For the share the carmaker will provide Chrysler...
read moreBRNO: Foxcar did not succeed with Pagani brand, dealership for Czech Rep acquired by A. Charouz Motors
June 10, 2009 | 11:20pm CEToriginalThe company from Antonin Charouz's automotive group is now considering where they will be offering Pagani cars. There are two possible localities...
read morePassenger car sales up by 46.8% in China in May
June 10, 2009 | 10:02pm CEToriginalChina might replace the United States as the world’s largest car market this year. The overall car sales should overrun a bound…
read moreJahn: Way out of crisis in automotive industry can last for up to 5 years
June 10, 2009 | 09:10pm CEToriginalAccording to Jahn, consolidation of carmakers and suppliers will turn up because global car production is currently beyond capacity of the market by about...
read moreTurkey aims to increase car parts’ import in Czech Rep from last year's EUR 35 million
June 10, 2009 | 08:10pm CEToriginalLocal automotive suppliers are already supplying Hyundai in Nosovice and Volkswagen in Germany. In the Czech Republic, they would also like to supply...
read moreFormer head of AT&T, Ed Whitacre to be new board chairman of GM
June 10, 2009 | 03:13pm CEToriginalHe will take charge of the new post as soon as the carmaker gets from the bankrupt mode. The current chairman of the managing board Kent Kres…
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