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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
Audi to invest EUR 100 million in Hungary
October 20, 2015 | 02:39am CEToriginalLocation, products, HR, state aid, the production of cars and engines in the country in 2014...
read moreCode of Ethics: Hyundai affair affected Mitsubishi dealer network most
October 20, 2015 | 02:25am CEToriginalFour partners have joined the network, one has left. One company exchanged the Hyundai brand for Mitsubishi under other circumstances...
read moreAutoclub of the Czech Republic: Amendment to Liability Insurnce Act does not envisage possibility of interruption
October 19, 2015 | 11:16pm CEToriginalExtending the scope of activity outside public roads, damage liability insurance for work machines, electric wheelchairs, the negotiation phase...
read moreTschirschnitz: BMW gradually expands e-mobility in CEE
October 18, 2015 | 11:34pm CEToriginalThe introduction of the BMW i brand in other countries, involvement in the project Central European Green Corridors, DriveNow car sharing, BMW eDrive plug-in hybrids, sales in the region...
read moreDieselgate: Volkswagen considering number of scenarios in HR
October 18, 2015 | 11:17pm CEToriginalAgency staff layoffs, reduction of temporary contracts, uses of the Kurzarbeit program, several months of decline in global sales...
read moreDas WeltAuto: Further sales outlets established in Czech Rep
October 18, 2015 | 10:55pm CEToriginalThe sales results in 2014-2015, the average price, autumn special offers, group’s warranty for used cars up to 7 years/200,000 km...
read moreDieselgate: Compliance Manager from Daimler to join Volkswagen
October 18, 2015 | 10:47pm CEToriginalDaimler has agreed to released her from contract early at the request of Volkswagen. Her profile, the new Chairman of the Supervisory Board, the new CFO, new head of Volkswagen Financial Services...
read moreBMW Group modernizes production network with help of digitalization
October 15, 2015 | 11:51pm CEToriginalSix key areas, projects in various factories (SmartWatch, 3D models of plants, QR codes in the production process)...
read moreAlbion Cars opened Jaguar and Land Rover dealership in Czech Rep
October 15, 2015 | 11:25pm CEToriginalLocation of the showroom, profile of the dealer, HR, management, sales plans, a large showroom for used cars of several brands with professional photo wall...
read moreAston Martin wants to build new factory
October 14, 2015 | 11:57pm CEToriginalConsidered locations, upcoming models, restructuring and expansion, sales plans, cooperation with one automaker, HR, layoffs...
read moreWinfried Vahland to leave Volkswagen Group
October 14, 2015 | 11:38pm CEToriginalTherefore, he will not take over the newly created function of the head of the group North America Region. Alleged and declared reasons...
read moreDieselgate: Volkswagen to reduce planned investments by EUR 1 billion per year
October 13, 2015 | 11:30pm CEToriginalSpeeding up the process of cost reductions, changes in the model strategy, focus on EVs and HEVs, diesel cars only with SCR and AdBlue in some regions...
read moreTUV Sud: New Volkswagen Group vehicles meet emission standards
October 13, 2015 | 10:58pm CEToriginalTested models, other upcoming tests (simulating real traffic, cars of other brands), European activities, AutoSAP comment on the CO2 and NOx emissions…
read moreDieselgate: Volkswagen plans extensive cost-cutting measures
October 12, 2015 | 11:52pm CEToriginalThese are to affect suppliers, employees, marketing, sponsorship and models. Revision of the planned investments, fall into the non-consolidated loss in 2015...
read moreEnergeticky a prumyslovy holding to renew part of fleet with Opel vehicles
October 12, 2015 | 11:35pm CEToriginalThe volume of the contract, the cars and vans considered, timing, leasing partner, the largest fleet business of the carmaker in the Czech Republic and Slovakia in the last 10 years...
read moreVolvo Car to build plant in North America, to make it another export hub
October 12, 2015 | 10:54pm CEToriginalLocation, amount of investment, capacity, models produced, HR, timing, exports to overseas...
read moreDieselgate: Another top manager of Skoda Auto to reportedly move to Volkswagen
October 8, 2015 | 11:04pm CEToriginalIt might happen after some executives of the Group have been suspended after the outbreak of the emissions scandal. Details...
read moreSkoda and Seat apparently will have patrons in Management Board of Volkswagen
October 8, 2015 | 02:23am CEToriginalIn contrast, VW and Audi have their direct representatives in the board of the group. Details of management decentralization, managers concerned, timing...
read moreAlain Visser to move to another position within Geely Group
October 7, 2015 | 11:28pm CEToriginalThe new head of the sales department at Volvo Cars has been appointed a manager of the firm cooperating with the automaker. Details...
read moreVolkswagen appointed new head of Seat
October 7, 2015 | 10:32pm CEToriginalReasons and context, the departure of a manager from the carmaker, rotation in the Volkswagen Group, the cancellation of one department, extension of the contract of one manager...
read moreMcLaren to open first dealership in Central and Eastern Europe
October 6, 2015 | 11:42pm CEToriginalCountry, location of the showroom, partner and his other activities, timing, website, models and prices, dealer situation worldwide, including Europe...
read moreTsubakimoto expands in CEE, to build second plant in Europe
October 6, 2015 | 11:06pm CEToriginalLocation close to a car plant and other interested parties, amount of investment, size and price of the land, products, HR, timing, the countries considered...
read moreHyundai Dealer network in Czech Rep continues to develop dynamically
October 6, 2015 | 03:20am CEToriginalOver the past year, several dealers ceased operation, while some new were established. Companies (long-time car dealers as well as new investors), locations, websites...
read moreAutocentrum Barth agreed to cooperate with another carmaker
October 6, 2015 | 02:55am CEToriginalBrands concerned, new showrooms, locations, timing, expansion of the camper rental, other brands being considered…
read moreDieselgate: Volkswagen to cancel shift in one engine plant, bank suspended recruitment
October 4, 2015 | 10:12pm CEToriginalLocation of the engine plant, EA189 diesel engines from several countries in Europe...
read more
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