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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
Volkswagen introduced structural changes in group management
December 20, 2015 | 11:23pm CEToriginalReducing the number of managers responsible to the CEO; new managers responsible for R&D, product strategy, design, production and sales; timing…
read moreGE Capital found buyer for some of its activities in Asia
December 18, 2015 | 04:27am CEToriginalThe name of the investor and his expansion into new areas, the price of the transaction, the continuing sell-off of the financial division of GE...
read moreDieselgate: EBRD allegedly froze credit for construction of Volkswagen plant in Poland
December 18, 2015 | 12:07am CEToriginalThe credit has to be reviewed at least, but can be completely cancelled. The credit amount, profile of the plant...
read moreChina reduced tax on smaller cars, market began to grow in double-digit pace
December 17, 2015 | 11:54pm CEToriginalValidity and details of the measure, reactions of motorists, results in October and November, the outlook for the years 2015 and 2016, economic development...
read moreSOR expects production decline in 2016
December 16, 2015 | 10:29pm CEToriginalReasons, plan, sales in 2014-2015, markets, interest in alternative fuels (CNG, electric), suppliers, HR, expansion in Europe, the 25-year anniversary...
read moreFederal Cars opened Volvo dealership
December 16, 2015 | 10:06pm CEToriginalLocation, HR, service pricing, website, history of the Czech dealer, changes in the brands, business and financial results in 2014...
read moreVolkswagen to build facilities for two new SUVs in Slovakia
December 15, 2015 | 11:40pm CEToriginalLocation, brands and models, parameters of the halls, the amount of investments, timing, HR...
read moreRenault-Nissan agreed with France on solving power dispute
December 15, 2015 | 11:00pm CEToriginalTension between the two sides has been growing since April 2015, when the government temporarily increased its stake in Renault to nearly 20%. Details of the preliminary agreement...
read moreRenocar ready for further investment
December 15, 2015 | 12:21am CEToriginalThe possibilities, sources of financing, dealer situation in the Czech Republic, business and financial results in 2014, including car rental, BMW and Mini cars in stock...
read moreCar Importers Association announced important tender
December 15, 2015 | 12:09am CEToriginalRequirements, the deadline for receiving bids, the history of the Czech association of road vehicle distributors...
read moreToyota and PSA to slow down recruitment for Czech plant in 2016
December 14, 2015 | 11:17pm CEToriginalThe results of the fall 2015, schedule for H1 2016, returns to TPCA, faster option to conversion to the permanent state, simplification of the renewal of contracts for a fixed period...
read moreDachser to introduce solution for automotive industry
December 13, 2015 | 11:51pm CEToriginalThe timing, newly created position of director for specialized solutions, clients, the situation in the Czech Republic, including business results in 2014-2015...
read moreJaguar Land Rover entered into investment contract with Slovak government
December 13, 2015 | 11:07pm CEToriginalThe investment amount, location, timing of plant construction, SOP, capacity, HR, recruiting start-up, the amount of incentives, two phases of development, the contribution to GDP...
read moreA.R.S. changed strategic partner
December 13, 2015 | 10:53pm CEToriginalThe original and the new key shareholder of the Slovak company, minority shareholders, complex business (sales of tires, tire service, fast car service, retreading)...
read moreVolkswagen appointed new head of development of Skoda brand
December 13, 2015 | 10:42pm CEToriginalHe came to the Czech carmaker from the parent company, while Frank Welsch went to Wolfsburg. The manager and his profile...
read moreAuto In opened second FordStore showroom in Czech Rep
December 13, 2015 | 10:35pm CEToriginalThe location, technologies in the dealership, demand for new Mustang and Vignale cars, sponsorship of the sledge hockey team SHK Mustangove...
read moreAudi made changes in communications team in Czech Rep
December 10, 2015 | 10:08pm CEToriginalRotation within Porsche Czech Republic, new marketing and PR specialists, continuation of the brand promotion in the field of winter sports...
read moreDieselgate: Volkswagen to improve oversight of software development and implement emissions road tests
December 10, 2015 | 09:41pm CEToriginalContinuation of investigation, analysis of data from electronic devices, consideration of the sale of certain assets, details of the declaration of CEO and Chairman of the Supervisory Board...
read moreNissan close to another large EV contract in Europe
December 10, 2015 | 03:51am CEToriginalThe country, city, company, its current fleet, demanded types of vehucles, TCO calculation, operational parameters...
read moreGoodyear made organizational changes in tire distribution in Eastern Europe
December 9, 2015 | 11:40pm CEToriginalThe departure of a manager; reorganization of clusters; the creation of the position of sales director for the Czech Republic, Slovakia and Hungary, which has been taken over by Zdenek Fort...
read moreRenault to expand sales of EVs in Central Europe
December 9, 2015 | 12:31am CEToriginalThe countries concerned, models, prices, battery leasing, timing, sales results, infrastructure partner, use at airports...
read moreNexen Tire won new contracts in Europe
December 9, 2015 | 12:18am CEToriginalClients, car and van models, supplied tires, contracts for the upcoming plant in the Czech Republic...
read moreMUT Automotive changed majority owner
December 9, 2015 | 12:05am CEToriginalBuhlmann sold its stake in Czech tube manufacturer to other German company. Its profile, the continuation of cooperation, economic performance of MUT Automotive in 2014...
read moreEPT to expand production capacities primarily in Czech Rep
December 7, 2015 | 11:57pm CEToriginalThe new plant, location, investment amount, timing, HR, products, clients, production moving, home office in the manufacturing area...
read moreGovernment approved simpler registration of vehicles in Czech Rep
December 7, 2015 | 11:37pm CEToriginalCancellation of local jurisdiction of registry authorities, licence plates on request, supplier, timing...
read more
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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):...
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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...
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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...
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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
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