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

SAP: 30% of passenger cars still without catalyst in Czech Rep

April 22, 2009 | 11:21pm CEToriginal
Besides 1.32 million cars without catalyst older than 15 years, there are other 600,000 cars driving on the Czech roads which only meet the standard...
read more

Globus to offer insurance, including car insurance in its hypermarkets

April 22, 2009 | 11:08pm CEToriginal
Globus will be offering household insurance, car insurance and travel insurance in special booths in its stores. The partner will be...
read more

UK to provide motorists with scrap bonus of GBP 2,000

April 22, 2009 | 10:27pm CEToriginal
To get the scrap bonus, motorists will have to scrap a car older than 10 years. The British Government has allocated for the scrap bonus...
read more

Volkswagen decreased net profit by 73.8% at revenues fall by 11% in Q1

April 22, 2009 | 09:24pm CEToriginal
The company was in the black mainly due to the sale of Brazilian division of MAN, which contributed to the overall outcome by a sum...
read more

Volvo AB dismissing over 1,500 employees and other 100 co-workers in Sweden

April 22, 2009 | 07:58pm CEToriginal
The wave of dismissal in Volvo AB concern, which does not involve division of passenger cars, will hit mostly the division...
read more

Volkswagen: Small car on a VW Up! basis to be produced in Bratislava

April 22, 2009 | 03:35pm CEToriginal
The Group will invest EUR 308 million. Small car will be produced in 3 and 5-door versions, under brands…
read more

Audi to produce new model Q3 in Spanish plant of Seat

April 22, 2009 | 02:20pm CEToriginal
Audi will invest around EUR 300 million in the Seat’s factory in Barcelona. The production will start there...
read more

Chrysler's creditors reputedly propose change of debt part for stocks

April 22, 2009 | 12:52pm CEToriginal
Creditors have suggested Chrysler and the US Ministry of Finance an offer in which they propose to exchange the debt of USD 2.5 billion for a share...
read more

Slovak Kia Motors's plant increased revenues by 24% to EUR 2.23 billion

April 21, 2009 | 07:26pm CEToriginal
The car production in Zilina-based factory increased by 38% to 201,000 cars. This year...
read more

Louwman opened its second Toyota car centre in the Czech Rep in Usti nad Labem

April 21, 2009 | 07:08pm CEToriginal
Louwman has had only one car centre in the Czech Republic, in Prague so far. The company entered Usti nad Labem…
read more

UOHS: Erste Bank can be taken over by Weinviertler Sparkasse in Czech Rep too

April 21, 2009 | 06:27pm CEToriginal
The junction does not raise any serious misgivings about disturbance of economic competition because...
read more

Tatra to supply cars for Czech army 4 months earlier due to crisis

April 21, 2009 | 04:56pm CEToriginal
A supply of 556 cars for CZK 2.6 billion should be originally completed in October this ear. To accelerate the supply, the company will make use of…
read more

Four financial and two strategic investors to be interested in Opel share

April 21, 2009 | 10:31am CEToriginal
It might be a direct investment of at least half a billion Euros, the investor would then take a share of…
read more

Unified plug in Europe to enable large lot production of electric cars

April 20, 2009 | 09:50pm CEToriginal
About 20 largest energy companies and car manufacturers have agreed on the basic parameters of connectors and plugs, which will be...
read more

Court in Usti initialized insolvency proceedings in automotive supplier BTV plast

April 20, 2009 | 08:59pm CEToriginal
A proposal for the proceedings initiation has been filed by Eurostav company which claims the arrears this way…
read more

Brano Group fell on CZK 70 million loss in 2008 along with revenues decline by 17%

April 20, 2009 | 06:57pm CEToriginal
The company was losing a lot due to the securing operations. The revenues declined to CZK 3.5 billion. In 2009 Brano Group expects…
read more

BMW and Brilliance plan to build their second factory in China

April 20, 2009 | 04:04pm CEToriginal
Both carmakers are now producing 30,000 cars a year in China. They plan to increase their production capacity by mid-next year to…
read more

General Motors might leave share in Opel in exchange for investment

April 20, 2009 | 02:34pm CEToriginal
The new share owner would have to invest in the new company created from GM’s European activities a minimum of…
read more

Nippon Kayaku plans triple production increase in Jablunka

April 20, 2009 | 12:47pm CEToriginal
Annual production of around 200 tons of gas generator unit for car airbags has been directed exclusively to Japan so far. In the future…
read more

Fiat might supposedly form alliance with European part of General Motors

April 19, 2009 | 07:49pm CEToriginal
Fiat is already working on a partnership formation with American carmaker Chrysler. The condition is…
read more

Volkswagen to initiate production in Bratislava on Monday again

April 19, 2009 | 06:37pm CEToriginal
Volkswagen discontinued the production in Bratislava-based plant twice this year. The plant’s employees could draw the leave or…
read more

Former VW head Pischetsrieder might become head of Opel carmaker

April 18, 2009 | 06:51pm CEToriginal
Bernd Pischetsrieder might be nominated to the post, according to the dealers association AVAG, but only in case…
read more

GM’s bankruptcy probability increased according to company’s new CEO

April 18, 2009 | 01:46pm CEToriginal
For the German carmaker Opel, General Motors has found more than…
read more

Skoda Auto disputes with labor unions about prospective working Saturdays

April 17, 2009 | 11:05pm CEToriginal
The company would like to initiate the so-called time accounts because of the working Saturdays, but the unionists…
read more

Czech Rep does not want to contribute to scrapyards, carmakers should pay them instead

April 17, 2009 | 10:02pm CEToriginal
The State will only cover scrapyards liquidation of lapsed brands from the first registration fees of vehicles not meeting the emission standards…
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 = 25.14 CZK
1 EUR = 4.27 PLN
1 EUR = 411.73 HUF
Source: ECB, December 24, 2024