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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
Dieselgate: Volkswagen to reduce annual capital expenditures by EUR 1 billion
November 22, 2015 | 11:24pm CEToriginalSuspended investments in Europe and America, the delay of some new models, increased spending on alternative drives, development of the MEB platform...
read moreGetrag wants to expand production in Slovakia
November 19, 2015 | 11:43pm CEToriginalAn increase in the capacity of Kechnec plant, the amount of investment, HR, timing, state aid, cuts of hundreds of jobs in recent years...
read moreAnalysts: Volkswagen to reduce annual capital expenditures by 10%
November 19, 2015 | 11:33pm CEToriginalThe first cuts in investment in plants, equipment and models since the financial crisis, timing, likely weakening of the influence of the works council...
read moreNational Action Plan for Clean Mobility: Czech government to approve low-emission transport development strategy
November 18, 2015 | 11:01pm CEToriginalTiming, promotion of alternative drives (BEV, PHEV, CNG, LNG, FCEV), infrastructure development, types of aid, budgets, NAP CM financing, goals for 2020, prediction of CPS and Roland Berger...
read moreVolkswagen wants to strengthen field of conversion, special adjustment of commercial vehicles in Czech Rep
November 18, 2015 | 12:29am CEToriginalThe newly created position at Porsche Czech Republic, certification of conversion firms, current partners, new unique product in the segment, sales...
read moreToyota to invest USD 1 billion in Artificial Intelligence
November 18, 2015 | 12:13am CEToriginalThe establishment of a new company, site of the R&D centre, development of autonomous vehicles, a test car, the need for mobility for seniors and disabled people...
read moreVolkswagen changed Supervisory Board of Skoda Auto
November 15, 2015 | 10:19pm CEToriginalThe reason is the departure of Christian Klingler and Martin Winterkorn from the Group. Their successors...
read moreSwell to expand its R&D centre
November 13, 2015 | 02:39am CEToriginalThe scale of investment, the relevant sections, relocation of one facility, investment plan for the next three years, HR, tenders for a number of positions, the new ownership structure...
read moreAudi Sport: Audi introduced new concept of sports models sales
November 12, 2015 | 11:47pm CEToriginalCertification of selected dealers, standards, current and future offer of RS models, situation in the Czech Rep, the new Audi R8...
read moreOne3D: New company specializing in 3D printing of plastic and metal car parts established in Czech Rep
November 11, 2015 | 11:57pm CEToriginalInvestors, services in the field of additive manufacturing and rapid prototyping, clients and partners, website, entry into the Moravian-Silesian Automotive Cluster...
read moreYanfeng Automotive Interiors commenced operations, European activities to be managed from Germany and Slovakia
November 11, 2015 | 11:47pm CEToriginalGlobal headquarters, growth plan, CEO, products and clients, HR, R&D, website, profile of the Czech plant, investment incentives...
read moreFord to suspend production in Russia
November 11, 2015 | 11:30pm CEToriginalThe affected plants and models, timing, HR, program of voluntary departures, engine production start, Ford's sales in the country, dominating the joint venture Ford Sollers...
read moreMusk: Tesla might launch production in China by 2017
November 11, 2015 | 11:20pm CEToriginalSales in the Chinese market, lowering the car prices, HR, upcoming models, the giant factory for battery production...
read moreFirst FordStore showroom opened in Czech Rep
November 11, 2015 | 02:59am CEToriginalLocation, dealer and his dwindling number of branches, planned number of flagship showrooms in Europe and the Czech Republic, the standards for Ford Store and Vignale, exclusive sales of certain models...
read moreVolkswagen gained significant engineer from Apple
November 10, 2015 | 11:55pm CEToriginalHe has extensive experience from Daimler and the development of an autonomous vehicle. Volkswagen appointed him to lead a new department...
read moreDieselgate: Volkswagen management and unions to develop joint plan of spending cuts
November 9, 2015 | 11:57pm CEToriginalThey want to manage it until the next Supervisory Board meeting. Reducing tensions following the announcement of Herbert Diess...
read moreTopolova: AAA Auto wants to achieve same density of car centres in all countries as in Czech Rep
November 9, 2015 | 11:14pm CEToriginalExpansion in Central Europe, rising import of elderly used cars, price growth in Germany, the company exports to Western Europe, the complications of re-registrations, cooperation with celebrities...
read moreCzech Post to expand fleet with hundreds of Peugeot vans
November 9, 2015 | 12:08am CEToriginalSupplier, exercise of an option from a previous contract, models and the number of vehicles, colour change, rising postal fleet with the lion badge, record year for the LCV division of Peugeot in the Czech Republic...
read moreChief Designer Walter Maria de Silva to leave Volkswagen
November 8, 2015 | 11:55pm CEToriginalHowever, he will still work for the carmaker as a consultant. The reasons and circumstances, timing, successor...
read moreNew Seat dealership opened in Czech Rep
November 8, 2015 | 11:28pm CEToriginalLocation, dealer and his other activities, the parameters of the largest showroom in the country, HR, car wash with a capacity of 80 vehicles/hour...
read moreKSPG to increase production in Czech Rep
November 6, 2015 | 12:28am CEToriginalOpening of a new plant, expansion of an existing plant with a new hall, details on investments (sites, HR, timing, products), synergies, expected revenues in 2015...
read moreGenesis: Hyundai to enter premium segment with single brand
November 5, 2015 | 11:49pm CEToriginalThe first models, product roadmap until 2020, alphanumeric markings, expansion in different markets, the arrival of a designer from competing carmaker...
read moreSimoldes to expand production in Central Europe
November 5, 2015 | 11:36pm CEToriginalA new plant in the Czech Republic (location, investment, HR, timing, recruitment partner), products and clients, a profile of the Polish factory supplying to the Czech Republic...
read moreAAA Auto appointed new HR director
November 5, 2015 | 11:22pm CEToriginalHe will be responsible for personnel affairs of the company in all markets covered. Details...
read moreJaguar Land Rover looking for new suppliers, also in Czech Rep
November 4, 2015 | 11:46pm CEToriginalContract meetings, intermediaries, participation of not only Czech companies, contracts not only for the models produced in the upcoming plant in Slovakia, demanded parts...
read more
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