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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
Porsche negotiate carmaker's quarter share sale to Qatar
June 10, 2009 | 02:24pm CEToriginalThe negotiations are according to Porsche under way exclusively with Qatar and in an advanced stage. The agreement of sale might be announced...
read moreBRNO: Car production in Czech Rep to increase by 10% this year and exceed 1 million for first time
June 9, 2009 | 06:38pm CEToriginalThe growth will be caused by Hyundai mainly, but also by TPCA. The Kolin-based carmaker plans weekend shifts similarly to Skoda Auto...
read moreWMS Flocktechnik leavïng Czech Rep due to crisis, over 50 people lost their jobs
June 9, 2009 | 03:20pm CEToriginalThe company has already ceased production in Humpolec and asked the court for declaration of insolvency. The reason is a decline of orders...
read moreOpel's dealers want to help their own carmaker
June 9, 2009 | 02:17pm CEToriginalThey offer a bail out amounting to EUR 500 million in exchange for a share in Opel. The proposition is supported by dealers from 24 European countries including the Czech Republic and Slovakia...
read moreQatar supposedly thinks of share purchasing in Volkswagen besides Porsche
June 8, 2009 | 08:03pm CEToriginalVolkswagen would support such a step, because it might accelerate the process of integrated group formation consisting of Volkswagen and Porsche...
read moreBRNO: Auto-Exner gained full dealer license of Bentley
June 8, 2009 | 07:09pm CEToriginalIt happened after five years of service and sales through the German dealership. A new showroom (sized 400 m2) will be opened by Auto-Exner in...
read moreSkoda Superb Combi: Introduction in Frankfurt, production from mid-November
June 8, 2009 | 03:46pm CEToriginalFacelift of the model Fabia will follow in March next year. Considering the Superb the carmaker expects annual production...
read moreBRNO: Carmakers and government want to initiate scrappage scheme in Czech Rep at turn of year, suppliers as soon as possible
June 8, 2009 | 01:44pm CEToriginalFor the Czech automotive suppliers lose orders from abroad. Automotive industry though calls for the scrap bonus only, not asking for any direct financial help...
read moreBRNO: Revenues of Czech carmakers and automotive suppliers down by 3.8% to CZK 707 billion in 2008
June 8, 2009 | 09:42am CEToriginalThat is the first fall of automotive industry in the Czech Republic’s history. The companies are trying to retain employment though. They dismiss…
read moreFewer used cars imported into Czech Rep this year, import down by 40% in period January till May
June 8, 2009 | 08:16am CEToriginalThe used cars Ford, Skoda and Volkswagen are imported into the Czech Republic mainly. Luxury brands are though imported as well...
read moreCar dealers network Penske Automotive to buy GM’s brand Saturn
June 7, 2009 | 07:50pm CEToriginalPenske will preserve all jobs and dealer licenses. The company is already negotiating with other world carmakers of involvement in the Saturn production...
read moreCebia: Autotracer is already used by 30 dealers in Skoda Plus program, about 50 bodies overall
June 7, 2009 | 02:58pm CEToriginalIn the Autotracer system there are already about 100 million records, Cebia aim to get the service data of most of the carmakers by the end of year, including brands...
read moreContinental to cancel 2,600 jobs in car parts division due to crisis
June 7, 2009 | 02:12pm CEToriginalMore than 600 Continental employees will lose job only in the south German city Regensburg. By 2010, Continental will cancel in this division...
read moreSberbank to buy General Motors factory in St. Petersburg
June 6, 2009 | 07:56pm CEToriginalThe bank will, together with Magna, provide Opel a loan of EUR 500 million under the restructuring. They intend to get the German carmaker into profit by...
read moreQatar still interested in holding a share not only in Porsche but also in another German carmaker
June 6, 2009 | 03:01pm CEToriginalThe competing German carmaker Daimler is going to sell over 9% of its stocks to a company from the United Arab Emirates for…
read moreScrap bonus helped car sales in Slovakia in May
June 6, 2009 | 01:59pm CEToriginalSales of new passenger cars and light utility vehicles went up by 17.4% y/y in May. For over five months of this year...
read moreKia Motors ask Slovakia for investment aid for new engine plant construction near Zilina
June 5, 2009 | 11:15pm CEToriginalThe carmaker would like to gain the support of 13.5% of the estimated engine plant costs. The investment decision should be made...
read moreBRNO: Skoda Yeti to be sold in Czech Rep from CZK 359,800, AWD version from CZK 459,800
June 5, 2009 | 06:08pm CEToriginalThe carmaker plans to produce 20,000 cars this year. It aims to launch the full capacity of 200 cars daily...
read moreCar sales continue to fall in Great Britain, scrap bonus to take effect during following months
June 5, 2009 | 03:00pm CEToriginalThe number of new car registrations went down by 24.8% to 134,858 units in May. For over five months of this year the sales declined by…
read moreHajek: SOR Libchavy to produce more than 420 buses in 2009
June 4, 2009 | 05:23pm CEToriginalThe growth of production owes to a giant order for Prague transport undertaking mainly. The beginning of the trolley-bus production is...
read moreAutomotive Lighting to reinforce development in Jihlava
June 4, 2009 | 11:30am CEToriginalThat goes along with the planned extension of production capacity. Number of the current 60 developers should be increased by 2011…
read moreSales of new cars up by 20.5% in Czech Rep in May
June 3, 2009 | 09:02pm CEToriginalThe reason of the growth was though a shift of interest from the category of light utility vehicles due to a possibility of VAT deduction. In total the sales declined by...
read moreCar sales up by 40% in May compared to April’s growth of 19.4% in Germany
June 3, 2009 | 08:10pm CEToriginalSkoda increased its sales by 71.5% to 18,667 cars on the German market in May. For over five months the Czech carmaker has thus sold…
read moreAAA Auto sold about 17,000 cars from January to May
June 3, 2009 | 08:03pm CEToriginalAfter the scrap bonus action termination at the end of May the company expects a reduction in monthly sales of...
read moreA. Charouz opened new Suzuki showroom in Prague
June 3, 2009 | 07:38pm CEToriginalAutomotive Group of Antonin Charouz has therefore expanded its portfolio for a new brand. The new Suzuki showroom arose in...
read more
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