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Libor Láznička decided to leave Continental after more than 30 years in April 2025. Tomáš Belza, former director of passenger tyre production (PLT), appointed as new tire plant manager in Otrokovice, Czechia (Continental Barum, Continental výroba pneumatik, Continental HT Tyres; 5,200 employees) on November 1
December 2, 2024 | 10:44am CETflashread more
AutoWallis Group (SsangYong distributor in Czechia, BMW dealer in Hradec Králové, Prague and Pardubice, Czechia, representative of more than 20 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) to acquire Milan Král Holding dealer group with 200 employees in České Budějovice, Czechia (Milan Král a.s. – Mercedes-Benz car, van, truck dealer, market share of 6%; ACR Auto – BMW, BMW Motorrad dealer, market share of 7%; MNC Auto – Ford car, van dealer, Opel service; MK Kar-Lak – body shop, paint shop; MK Správní společnost; sales of 1,300 new, 700 used vehicles per year; revenues of HUF 50 billion/EUR 111 million/CZK 2.8 billion in 2023) from founders (Milan Král, Iveta Králová), expanding portfolio by two new brands (Mercedes, Ford). Transaction began to be assessed by Office for Protection of Competition (ÚOHS), it is largest acquisition in AutoWallis’s history
December 2, 2024 | 10:36am CETflashread more
Sales of new light vehicles in USA grew in November (J.D. Power/GlobalData: +11%; Cox Automotive: +6.6%; S&P Global Mobility: +6%)
December 2, 2024 | 10:28am CETflashread more
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
Changes
Nissan supplied taxi provider in Hungary with 65 EVs
December 7, 2015 | 11:29pm CEToriginalCompany/investor, location, dealer, models, fast charging stations, sales of electric cars to European taxi providers, the Leaf with a range of 218,000 km...
read moreAntitrust office allowed Allianz to buy Wustenrot insurance business in Czech Rep
December 7, 2015 | 11:08pm CEToriginalIt is life and non-life insurance company. UOHS satement, partnership in the sale of insurance, credits and building savings...
read moreFord to make rotation of managers in Czech Rep
December 6, 2015 | 11:55pm CEToriginalManagers concerned and their profiles, changed positions, reasons, timing...
read moreVolkswagen appointed new head of Porsche production
December 6, 2015 | 11:49pm CEToriginalOliver Blume will be replaced by a manager with experience in several Group brands, who comes to Porsche from Central Europe...
read moreVolkswagen chose new Audi development head
December 6, 2015 | 11:37pm CEToriginalThe automaker also appointed new members of the Supervisory Board. The successor of the suspended Ulrich Hackenberg, details...
read moreTukas prepares additional investment after acquiring CSAO
December 3, 2015 | 11:49pm CEToriginalLocation, brands, acquiring a 100% stake in CSAO Praha - Cernokostelecka in 2016, UOHS permit, personnel changes…
read moreAgba factory hit by fire
December 3, 2015 | 11:23pm CEToriginalLocation, the number of dead and injured, the extent of damage, products and clients including Skoda Auto...
read moreNew Volvo dealership opened in Czech Rep
December 3, 2015 | 11:06pm CEToriginalLocation of the showroom, investor, managing director, website, dealer situation in the region...
read moreResign, Vladimir!: Anton Fischer again called on Hyundai Motor Czech executive head to resign
December 3, 2015 | 10:39pm CEToriginalContinuation of the campaign, billboards in the Korean language, delegation from the headquarters, support of the Association of Hyundai dealers and service shops...
read moreFloods in India halted production at several car factories
December 3, 2015 | 10:28pm CEToriginalSites, automakers and factories concerned, HR, cancellation of shifts, paralysed infrastructure, outlook...
read moreOwners of Havex-Auto ended negotiations on selling company
December 2, 2015 | 11:53pm CEToriginalThey refused the offer by a competitive dealer, and the company will continue under the current owners. Financial results in 2014, the growth of business in 2015...
read moreTatra appointed new CEO
December 2, 2015 | 11:37pm CEToriginalThe manager and his profile, leaving of crisis manager Petr Karasek, arrival of a manager from partner DAF Trucks, expansion of the Board...
read moreDaimler continues to optimize distribution and sales management in Europe
December 1, 2015 | 11:45pm CEToriginalEstablishment of regional headquarters, the situation in the Czech Republic and Central Europe, HR, timing...
read moreAuto Jarov opened its second Audi showroom in Czech Rep
December 1, 2015 | 11:23pm CEToriginalLocation of the dealership, amount of investment, parameters of Audi Terminal, HR, premium sales of used cars, the first Audi Sport Center in the country, target group, charging station...
read moreAAA Auto appointed new CFO
November 30, 2015 | 11:55pm CEToriginalHe came to the company from the telecommunications industry, previously having worked at PwC. Details...
read moreNHTSA: Takata airbag scandal caused by ammonium nitrate
November 30, 2015 | 11:43pm CEToriginalOther airbag manufacturers do not use this substance. Reactions of customers – automakers, past and expected financial results...
read moreHyundai expands sales of hydrogen cars in Europe
November 30, 2015 | 11:30pm CEToriginalThe results, autumn delivery of ix35 Fuel Cell vehicles, drive specifications, prices, the entry to another two countries, dealership certification, website, racing car concept...
read moreNissan appointed new fleet manager for Czech Rep and Slovakia
November 30, 2015 | 11:12pm CEToriginalShe has experience from automakers and leasing companies. Marek Safarcik's successor…
read moreSkoda plans to expand SUV offer to four models
November 29, 2015 | 11:44pm CEToriginalThe segments concerned, development of CUV, manufacturing sites, partner, timing, focus on the largest market of the Czech automaker...
read moreResign, Vladimir!: Anton Fischer wants to get other dealers to remove executive head of Hyundai Motor Czech
November 25, 2015 | 11:51pm CEToriginalThe dispute about business conditions, stopping the sale of cars by Hyundai-Fischer CZ, accompanying campaign, media types used (demonstration, billboards, web, YouTube)...
read moreLouda Auto supplied rescuers in Czech Rep with several dozen Volkswagen ambulances
November 25, 2015 | 01:27am CEToriginalThe models concerned, the number of vehicles, timing, regional use, the partner for conversions and his profile...
read moreRestart@Siemens: Siemens to give second chance to 20 homeless in Czech Rep by 2016
November 24, 2015 | 11:55pm CEToriginalDetails of the CSR project, partner organizations, contract of employment, accommodation, counselling, results after a half year, the auspices of the state...
read moreBig Hyundai dealer in Czech Rep requests dismissal of Vladimir Vosicky
November 23, 2015 | 11:56pm CEToriginalReasons, timing, the criminal complaint, response of managing director of Hyundai Motor Czech...
read morePorsche Inter Auto supplied Czech police with 175 Volkswagen vehicles
November 23, 2015 | 11:49pm CEToriginalDetails of the orders (models, number of vehicles, conversions, partners, utilization), financing of EU funds...
read moreNational Action Plan for Clean Mobility: Government approved strategy for development of low-carbon transport in Czech Rep
November 22, 2015 | 11:34pm CEToriginalSupport of alternative drives (BEV, PHEV, CNG, LNG, FCEV), infrastructure development, types of aid, targets until 2020, 2025 and 2030, support of R&D...
read more
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