latest flash news, including attachments, available to Autofox News subscribers after login

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 CETflash
read more
Changes

Michelin is said to close 1,500 work places, company denies it meanwhile

June 16, 2009 | 06:01pm CEToriginal
The dismissals should be part of the company's measures against the global decline of demand for tyres...
read more

UOHS allowed US fund Platinum to take over company Alcoa Fujikura Czech as expected

June 16, 2009 | 12:18pm CEToriginal
Platinum has taken over the Czech producer of cable harnesses for cars by means of a Luxembourg company Project Del Holding...
read more

Former member of General Motors executives Bo Andersson to lead Russian carmaker GAZ

June 16, 2009 | 10:35am CEToriginal
Andersson unexpectedly decided to leave GM last week, not giving any reasons. GAZ yet appears in planned Magna’s entry into the carmaker Opel...
read more

Sumitomo Corporation continues in damping automotive activities in Central Europe

June 15, 2009 | 08:27pm CEToriginal
SE Bordnetze, a producer of cable harnesses for cars, will reportedly cease production in Slovakia. The company has though denied that. Conversely, it prepares…
read more

BMW tightened up sale conditions for car brand Mini, dealers must have separate showroom

June 15, 2009 | 07:56pm CEToriginal
Therefore 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 more

Scrapyards: Scrap bonus to worsen situation in jalopy treatment field

June 15, 2009 | 05:46pm CEToriginal
Environmental 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 more

Over 60,000 people applied for scrap bonus in Great Britain over a month

June 15, 2009 | 05:04pm CEToriginal
The government have set apart GBP 300 million for the scrappage scheme so they are ready for supporting sales...
read more

Qatar close to taking over share in German carmaker Porsche

June 15, 2009 | 09:53am CEToriginal
An agreement with Qatar is reportedly supported by majority of the Porsch and Piech families. The decision on selling the share could be made...
read more

Specialists do not like hiring agency staff instead of people dismissed from full-time employment

June 14, 2009 | 11:22am CEToriginal
Therefore 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 more

EC: Support of US carmakers could harm global trade

June 14, 2009 | 10:20am CEToriginal
A 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 more

Hradek-based Trelleborg acquired new orders from VW Group and BMW Group

June 12, 2009 | 02:52pm CEToriginal
The company is going to hire 60 new employees; it employs about 360 people. The company has acquired new orders for cars…
read more

Saab to be bought by Swedish carmaker Koenigsegg and Norwegian investors

June 12, 2009 | 12:26pm CEToriginal
Both parties have reportedly signed a preliminary agreement yesterday and should definitely announce the deal in…
read more

Crisis made luxury car dealers reduce prices rapidly in Russia

June 12, 2009 | 12:08pm CEToriginal
For 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 more

Changes in Ford in Olomouc: The new and the only authorized dealer is Cars Morava

June 11, 2009 | 11:58pm CEToriginal
Other dealers have agent status only. Cars Morava has opened a new showroom in Olomouc which the company plans to extend. Sale plans make…
read more

Biofuel E85 started being sold in Czech Rep, a litre for CZK 25

June 11, 2009 | 11:54pm CEToriginal
A 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 more

Magna reputedly aims to cancel 11,600 jobs in Europe

June 11, 2009 | 06:41pm CEToriginal
It 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 more

Ceske drahy began cooperation with Hertz car rental, car to be laid on station

June 11, 2009 | 05:56pm CEToriginal
So 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 more

Third interested company in carmaker Saab is US investment company Merbanco

June 11, 2009 | 05:21pm CEToriginal
In 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 more

Median: Czechs appreciate scrap bonus but are not likely to buy new car

June 11, 2009 | 11:52am CEToriginal
Almost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
read more

Chrysler and Fiat founded alliance, US court rejected appeal of objectors to transaction

June 11, 2009 | 10:25am CEToriginal
Fiat will acquire a 20% share in a new company entitled Chrysler Group LLC. For the share the carmaker will provide Chrysler...
read more

BRNO: Foxcar did not succeed with Pagani brand, dealership for Czech Rep acquired by A. Charouz Motors

June 10, 2009 | 11:20pm CEToriginal
The company from Antonin Charouz's automotive group is now considering where they will be offering Pagani cars. There are two possible localities...
read more

Passenger car sales up by 46.8% in China in May

June 10, 2009 | 10:02pm CEToriginal
China might replace the United States as the world’s largest car market this year. The overall car sales should overrun a bound…
read more

Jahn: Way out of crisis in automotive industry can last for up to 5 years

June 10, 2009 | 09:10pm CEToriginal
According to Jahn, consolidation of carmakers and suppliers will turn up because global car production is currently beyond capacity of the market by about...
read more

Turkey aims to increase car parts’ import in Czech Rep from last year's EUR 35 million

June 10, 2009 | 08:10pm CEToriginal
Local automotive suppliers are already supplying Hyundai in Nosovice and Volkswagen in Germany. In the Czech Republic, they would also like to supply...
read more

Former head of AT&T, Ed Whitacre to be new board chairman of GM

June 10, 2009 | 03:13pm CEToriginal
He 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…
read more
Original reports Autofox
ExclusivelyFrom public sourcesshow all
Usage in the company
Top managementBusinessMarketing and PRshow all
Operating Sphere
Vehicle ProductionVehicle SalesAuto PartsFinancial ServicesFuel and Energyshow all
Operating Sphere+Region
Production in Czechia nd SlovakiaProduction abroad and globalSales in Czechia and SlovakiaSales abroad and globalshow all
Vehicle Segment
Passenger CarsLight Commercial VehiclesTrucksBusesMotorcyclesTowed Vehiclesshow all
Mobility
PurchaseCredit, financial leaseOperating leaseRentalSharingTaxiPublic transportshow all
Insurance
Damage liabilityAccident insurance, other-than-collision coverage (OTC)Windshield insuranceAnimal collision insuranceGAPAssistance services insuranceReplacement car insuranceshow all
Region
WorldEurope• Czechia• Slovakia• Poland• Hungary• Germany• United Kingdom• France• Italy• Spain• Austria• Romania• Bulgaria• Ukraine• RussiaAmerica• United States• Canada• Mexico• Brazil• ArgentinaAsia• Turkey• Israel• China• Japan• South Korea• IndiaAfrica• Morocco• Tunisia• Egypt• Nigeria• South AfricaAustraliaWestern EuropeCentral EuropeCentral and Eastern EuropeEastern EuropeBeneluxScandinaviaBalticBalkansNAFTALatin AmericaCISMiddle EastASEANshow all
Changes
Acquisitions / MergersDealer networkInvestments / ExpansionNew Plant / FacilityGrow / Fall ProductionCooperation / JVEnd of OperationHuman ResourcesPersonnel changesLogisticsLegislation / SubsidyTenders / ContractsFinancial problemsDisputes, investigations, actionsshow all
Cars
R&DNew Model / FaceliftNew Engine / TransmissionTechnologyPricesSpecial offersRepair Service / TiresSpare Parts / AccessoriesWarranties / AssistanceUsed carsRecallshow all
Parts
OEM (Original Equipment Manufacturer)OES (Original Equipment Supplier)Aftermarketshow all
Eco Fuel
Bio FuelLPGCNGLNGHybridElectricHydrogenshow all
Special Events
Motor Shows / Trade Fairs• Geneva Motor Show• Frankfurt Motor Show• Paris Motor Show• Brno Motor Show• Prague Motor ShowConferences / Workshops• Expected development of the automotive industry in Czechia and Central Europe• IIR Conferences• Auto 2009• Fleet Management 2010show all
Associatons
ACEA, EuropeAEB, RussiaNGV Association, CzechiaAutomotive Industry Association, CzechiaCAAM, ChinaCzech Insurance Association, CzechiaCzech Insurers’ Bureau, CzechiaCzech leasing and financial association, CzechiaCzech Gas Association, CzechiaCzech Gas Union, CzechiaKBA, GermanyOICAPFA, FranceCar Importers Association, CzechiaSISA, CzechiaSMMT, United KingdomVDA, GermanyAutomotive Industry Association, Slovakiashow all
Institutions
Governments / Parliaments• European Commission• European ParliamentInvestment agencies• CzechInvest, CzechiaTrade inspections• Czech Trade Inspection Authority, CzechiaStatistical authorities• Czech Statistical Office, CzechiaAntitrust authorities• Office for the Protection of Competition, CzechiaEIBshow all
Automakers
AixamAston MartinAvtoVAZ• LadaBAICBitterBMW Group• Alpina• BMW• Mini• Rolls-RoyceBrillianceBYDCaterhamCheryCNH Industrial• Iveco• (Irisbus)Czechoslovak Group• Avia• TatraDAFDaimler• Freightliner• Fuso• Mercedes• Setra• (Maybach)DongfengDR AutomobilesEkobusEkovaFAWFerrariFiskerFord Motor• Ford• Lincoln• (Mercury)GACGAZGeely Group• Geely• LEVC• Lotus• Lynk & Co• Polestar• Proton• Smart• Volvo CarsGeneral Motors• BrightDrop• Buick• Cadillac• Chevrolet• Corvette• GMC• Holden• (Daewoo)• (Hummer)• (Pontiac)• (Saturn)GonowGordonGreat Wall Motor• GWM• Haval• Ora• Tank• WeyHengchiHonda Motor• Acura• HondaHyundai Group• Genesis• Hyundai• KiaIneosIsuzuKaipanKamazKing LongKoenigseggLucidMahindra & Mahindra• Mahindra• Reva• SsangYongMartin MotorsMazdaMcLarenMitsubishiMorganNanjing AutomobileNavistarNioNissan Motor• Datsun• Infiniti• NissanPaganiPiaggioQorosRenault Group• Alpine• Dacia• Renault• SamsungRimac(Saab)SAIC Motor• LDV / Maxus• MG• Roewe(Santana)SeresSkoda ElectricSolarisSORSpykerStellantis(Fiat Chrysler Automobiles)(Fiat Group)(Chrysler Group)(PSA)• Abarth• Alfa Romeo• Chrysler• Citroen• Dodge• DS• Fiat• Jeep• Lancia• Maserati• Opel• Peugeot• Ram• VauxhallSubaruSuzukiTata Motors• Jaguar Land Rover• Jaguar• Land Rover• Tata(Tedom)TeslaTOGGToyota Motor• Daihatsu• Lexus• Toyota• (Scion)VDLVolkswagen Group• Audi• Bentley• Bugatti• Cupra• Ducati• Lamborghini• MAN• Porsche• Scania• SEAT• Skoda• VolkswagenVolvo Group• Mack• Nova Bus• Prevost• Renault Trucks• UD Trucks, Buses• Volvo Trucks, BusesYamahaZotyeOthershow all
Factories
Hyundai Motor Manufacturing Czech (HMMC) - Nošovice, CzechiaKia Slovakia - Žilina, SlovakiaPSA Slovakia - Trnava, SlovakiaŠkoda Auto - Kvasiny, CzechiaŠkoda Auto - Mladá Boleslav, CzechiaŠkoda Auto - Vrchlabí, CzechiaToyota Motor Manufacturing Czech Republic (TMMCZ) - Kolín, CzechiaVolkswagen Slovakia - Bratislava, SlovakiaVolkswagen Slovakia - Košice, SlovakiaVolkswagen Slovakia - Martin, SlovakiaVolkswagen Slovakia - Stupava, Slovakiashow all
Component manufacturers
3MABBAGCAisanAisinArcelorMittalArvinMeritor (Meritor)AutolivBASFBehr (Mahle)BenetBentelerBorgersBorgWarnerBoschBranoBremboBridgestoneBriskBroseCadence Innovation (Magna)ConstructContinentalDanaDefendDelphiDensoDonaldsonDuraEdschaEissmannEuWe Eugen WexlerFaureciaFederal-MogulFehrerFTE AutomotiveFutabaGestampGetragGKNGoodyearGrammerGrupo AntolinGumotexHanonHellaHennigesHitachiHoneywellHP PelzerHutchinsonHyundai Dymos, Mobis, HyscoIACIntevaJohnson ControlsJTEKTKarsitKiekertKirchhoffKnorr-BremseKoitoKongsbergKostalKoyoKSPGLearLeoniLGLisiMagnaMagneti Marelli / Automotive LightingMann+HummelMatador AutomotiveMegatechMichelinMitsubishi Electric, RayonMubeaNemakNexenNSKOsramPanasonicPirelliPlastic Omnium / InergyRecticelRehauRieter (Autoneum)SaarGummiSaint-GobainSamsungSamvardhana MothersonSanyoSAS AutomotiveSeniorSchaefflerSiemensSKFSumitomoTakataTennecoThyssenKruppTI AutomotiveTiberinaTokai RikaToyoda GoseiTrelleborgTRWValeoVarrocVisteonWabcoWebastoWitteYanfengYazakiZFshow all
R&D companies
AKKA / MBtechAltran / SwellApplus+ IDIADAAufeer DesignBenet EngineeringBrunelEDAG EngineeringPorsche Engineeringshow all
Distributors
AutoBinckEmil FreyGrand AutomotiveLouwmanPorsche Holding SalzburgSumitomoWallisshow all
Dealers, Service Stations
AgrotecAlgonAures Holdings / AAA AutoAuto ActivityAuto CorsonAuto DubaAuto EsaAuto HaseAuto HellerAuto CharouzAuto InAuto JarovAuto PalaceAuto UHAuto-ExnerAutobondAutocentrum BarthAutosalon KlokockaBS AutoCar StarCarTec GroupCB AutoDajbychDomanskyEmil FreyFastboxGerhard HorejsekHalfordsHavexHouse of EnglandInveltLoudaLouwmanMVC AutomotiveNH CarOlfin CarPMG FinancePorsche Inter AutoRenocarRhiag (Elit, Auto Kelly)SamohylScuderia PrahaStratos AutoSulzbacherTop Centrum / Vista CarTrostTukasWiesenthalshow all
Financial Companies
ALD AutomotiveAllianzArvalAxaBanque PSA FinanceBawagBusiness LeaseCarGarantCarGarantieCCSCetelemColonnadeCrediumČeská podnikatelská pojišťovnaČeská pojišťovnaČSOB / KBCD.A.S.D.S. LeasingDirectDirect (RSA)EssoxEurop AssistanceEuropcarGE Money / GE CapitalGeneraliGlobal AssistanceHasičská vzájemná pojišťovnaHertzHome CreditKooperativaLeasePlanMaximaMondial AssistanceMonetaPillow (První klubová pojišťovna)QBE / CarlifeRaiffeisenRCI BanqueReal GarantSantandersAutoleasing / ErsteServisní pojišťovnaSixtSlaviaŠkofin / VolkswagenToyota FinancialTriglavÚAMKUniCreditUniqaVolksbankVZPWüstenrotshow all
Fuel and Energy Suppliers
AgipArmexBenzinaCeproCeska rafinerskaCEZE.ONEuroOilKM-PronaLindeLukoilMOLOMVPap OilParamoPrazska plynarenskaPRERobin OilRWE / InnogyShellSlovnaftTotalUnipetrolVemex / Gazpromshow all
Another subjects
AutodataCebiaCox AutomotiveDekraDeloitteEdmundsErnst & YoungEuro NCAPEurotaxGlass'sGlobalDataIHSIncomaIpsosIris IdentJ.D. PowerJATOKPMGLMC AutomotiveMcKinsey & CompanyMedeaMedianNielsen AdmospherePricewaterhouseCoopersR.L. PolkRoland BergerS&P GlobalTÜV NordTÜV Südshow all
Day, Week
Month, Year
Interval
cancel
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Q1
Q2
Q3
Q4
I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
available to Autofox News subscribers after login
Autofox Offer
More ads Autofox Offer
Autofox Order
More ads Autofox Order
Autofox Enterprise
More ads Autofox Enterprise
Autofox Job
More ads Autofox Job
Autofox Event
Autofox Estate
More ads Autofox Estate
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
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.04 USD
1 EUR = 0.83 GBP
1 EUR = 0.94 CHF
1 EUR = 25.20 CZK
1 EUR = 4.28 PLN
1 EUR = 411.45 HUF
Source: ECB, December 27, 2024