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Emil Frey Group: František Neuman to become new director of used car sales in Czechia and Managing Director of EF Mobility (used car sales programs of distributed brands, Emil Frey Select, Autosphere.cz, 10 employees in Prague, wholesale sales of more than 1,400 used vehicles per year) on January 1, 2025, while remaining Head of Citroën in Czechia
November 29, 2024 | 01:59pm CETflashread more
Seznam Zprávy/Deloitte Czech Elite 2024: 100 most valuable Czech companies (under control of Czech owners) include ČEZ (estimated value: CZK 474 billion/EUR 18.8 billion, main owner: state), Pražská energetika/PRE (CZK 38 billion/EUR 1.5 billion, City of Prague), Eurowag/W.A.G. Payment Solutions (CZK 18 billion/EUR 712 million, Martin Vohánka), Čepro/EuroOil (CZK 14 billion/EUR 554 million, state), Brano (CZK 7.3 billion/EUR 289 million, Pavel Juříček), Škoda Group (CZK 5.8 billion/EUR 230 million, Renáta Kellnerová), Koh-i-noor (CZK 5 billion/EUR 198 million, Vlastislav Bříza), ICOM Transport (CZK 4.4 billion/EUR 174 million, Kateřina Kratochvílová), Auto Jarov (CZK 4.1 billion/EUR 162 million, Josef Fojtík)
November 29, 2024 | 01:42pm CETflashread more
SMMT: Car production in UK down by 15.3% y/y in October, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 3.9%
November 29, 2024 | 01:31pm CETflashread more
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad Soden near Frankfurt, Germany, to produce and supply green hydrogen and provide fuel cell electric vehicles (public buses, trucks, taxis, port cargo handling equipment) in Europe. Toyota Tsusho already has experience in hydrogen business, including operation of hydrogen stations in Japan (Atsuta/Nagoya, Tsutsumi/Miyoshi) and initiatives to convert port machinery to FCEVs in USA (Port of Los Angeles, California)
November 28, 2024 | 11:57am CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,968,000 (+3.4%) to 1,942,000 (+2.1%), of which battery electric vehicles (BEVs) from 364,000 (+15.6%) to 363,000 (+15.4%), and 2025 forecast from 2,029,000 to 1,977,000, of which BEVs from 480,000 to 464,000. Simultaneously, association published its first estimate for 2026 at 2,049,000 cars, of which 585,000 BEVs
November 28, 2024 | 11:47am CETflashread more
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
Changes
Skoda Auto wants to strengthen shifts in paint shop of one plant in Czech Rep
February 22, 2016 | 12:17am CEToriginalReasons, attitude of trade unions, HR, discussion within collective bargaining, the next round...
read moreDozens of companies from Czech Rep supply parts for new Skoda Superb
February 19, 2016 | 12:04am CEToriginalThese include A.Raymond, AGC, Benteler, Brano, Brisk, Construct, Continental, Fehrer, Gumotex, HP Pelzer, Klein Automotive, Koyo, Magna, Plastika, SaarGummi, TRW or Varroc...
read moreUnions and management of Hyundai Czech plant did not agree on new collective agreement
February 17, 2016 | 11:46pm CEToriginalMeeting with a mediator as in 2014, the offer of Hyundai Motor Manufacturing Czech, recommendations of unions, timing, profit of the plant, wage comparison...
read moreAnother Skoda dealer in Czech Rep changed owner
February 17, 2016 | 01:55am CEToriginalThe companies concerned and their profile, locations, timing, website...
read moreAutoNajem.cz: First comparison tool for brand operating leases established in Czech Rep
February 16, 2016 | 11:05pm CEToriginalThe author of the project, its history and other activities, the brands and models of cars and vans offered, partners, examples of offers...
read moreSchaeffler to invest almost EUR 100 million in Czech Rep
February 16, 2016 | 12:03am CEToriginalLocations, investment incentives, timing, production area, HR, recruitment progress, products and clients…
read moreDieselgate: Volkswagen decreased production in Mexico
February 15, 2016 | 11:17pm CEToriginalPart of the cars destined for the US market come from the factory in Puebla. The models concerned, results in January...
read moreAntonin Charouz returns to automotive business
February 14, 2016 | 11:54pm CEToriginalHe adds two activities with Hyundai to the Mercedes-Benz dealership. The projects, companies, locations, collaboration with his son, the largest fleet sale of the Hyundai i10 in the Czech Republic...
read moreAvtoVAZ deepened loss, to ask shareholders for help
February 14, 2016 | 11:38pm CEToriginalExceptional costs for Renault, financial and business results in 2015, a four-day working week for all employees...
read moreNew Kia dealership opened in Czech Rep
February 14, 2016 | 11:12pm CEToriginalLocation and history of the showroom, the dealer and his other activities, business and financial results in 2014-2015, own operating leases, dealer situation in the region...
read moreBosch increased wages in one factory in Czech Rep
February 12, 2016 | 02:18am CEToriginalThe location, across-the-board increase in wage tariffs, further increases for selected personnel, costs, pension and accommodation contributions, new benefit program, HR...
read moreContinental bought half of A.T.U garages in Czech Rep, involving them in BestDrive network
February 12, 2016 | 02:03am CEToriginalLocations, timing, continued optimization of the network of tire services, mobile service and its fleet, the number of members of the loyalty program...
read moreAutoBinck wants to buy some dealers in Central Europe
February 11, 2016 | 01:07am CEToriginalRequirements, negotiations, allocated funds, the results of the holding company in 2015, car sales in the Czech Republic and Slovakia, planned investments of Auto Palace in 2016...
read moreTrade unions in Czech plant of Toyota and PSA require shorter shifts
February 11, 2016 | 12:48am CEToriginalThe current and proposed work week, employee survey, wage proposals...
read moreDefend Insurance Group agreed on new cooperation in Czech Rep
February 9, 2016 | 11:43pm CEToriginalCooperation relates to the insurance of failures of auto parts. Partner and its results in 2015, the product and its parameters, scope of coverage, performance limit, participation, prices...
read moreCar sales in Germany up by 3.3% in January
February 9, 2016 | 11:21pm CEToriginalThe slowdown of increase, registrations of individual brands, production and export...
read moreVolkswagen Financial Services made changes in fleet department in Czech Rep
February 8, 2016 | 11:38pm CEToriginalThe positions concerned, managers and their profiles, timing...
read moreFirst Jaguar and Land Rover showroom under new concept opened in Czech Rep
February 8, 2016 | 11:29pm CEToriginalLocation, dealer and its history, the amount of investments, HR, websites, cooperation with model Tatana Kucharova…
read moreInterest in operating leases by UniCredit in Czech Rep and Slovakia increased severalfold in 2015
February 8, 2016 | 11:15pm CEToriginalA record year for the UniCredit Fleet Management division, reasons, results in both markets, the group synergies, HR, the plan for 2016, prepared on-line calculator...
read moreRenschler: Volkswagen Truck & Bus not excluding acquisition or IPO within growth context
February 8, 2016 | 11:06pm CEToriginalRegions of interest, the objective of becoming the world leader, restructuring and possible division separation from the Group...
read moreImofa expanded portfolio with two brands
February 8, 2016 | 03:45am CEToriginalThe brands concerned, partners, location of the showrooms, timing, demo cars, dealer situation in the Czech Republic...
read morePolish head of Toyota appointed president for Central Europe
February 7, 2016 | 10:40pm CEToriginalHe will be responsible for four markets, while the former regional director was in charge of three. His profile, the new position of Shingo Kato...
read moreIrena Bandova joined BMW
February 3, 2016 | 11:50pm CEToriginalIn the Czech representation of the automaker she will be working in the marketing department with responsibility for two brands. Her new position...
read moreFord intends to cancel hundreds of administrative jobs in Europe
February 3, 2016 | 11:41pm CEToriginalThe expected cost reduction, program of voluntary departures, locations, return to profit in 2015, expansion of the SUV offer, termination of the sale of low-profitable models...
read moreEuropean Parliament endorsed compromise proposal to reduce emissions of cars
February 3, 2016 | 11:32pm CEToriginalVote postponment caused by MEPs' disputes and strong lobbying, rejection of a radical reform, generous tolerance, RDE introduction, statements of ACEA and other subjects...
read more
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