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J.D. Power, GlobalData confirmed 2024 global new light-vehicle sales outlook at 88 million units (+1.5%). There continues to be level of risk with vehicle demand in Q4, but increase in October eased some of concern, Schuster (GlobalData) said. Firms simultaneously cut 2025 forecast by 500,000 cars, vans from 91.1 million (+3.5%) to 90.6 million (+2.7%). Autos are poised for continued growth in 2025 as conditions improve in key markets, he added
December 4, 2024 | 05:48pm CETflashread more
PFA: New car registrations in France down by 12.7% in November (vans up to 5.1 tonnes -16.2%; trucks -0.9%)
December 4, 2024 | 05:27pm CETflashread more
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
Changes
Prague to renew part of municipal police fleet with Hyundai and Volkswagen vehicles
September 16, 2015 | 11:38pm CEToriginalSuppliers (carmaker, dealer), types and number of vehicles, prices, the condition of the current fleet, history…
read moreBWI Group to build another plant in Central Europe
September 15, 2015 | 11:57pm CEToriginalLocation, developer, HR, timing, products and clients of the Chinese company, profile of Czech subsidiary...
read moreFirst Rolls-Royce dealership in Czech Rep to be opened in 2016
September 15, 2015 | 01:02am CEToriginalThis showroom will find a place in a hotel in Prague. Location of the showroom and service centre, the sales plan of the Czech dealer, the global sales, models...
read moreAutomakers cancel plans for layoffs in Brazil
September 14, 2015 | 03:02am CEToriginalReasons, the strike of Ford employees, car sales in 2015, the situation at Daimler and GM…
read moreSkoda needs to increase production of Octavia cars
September 10, 2015 | 09:33pm CEToriginalReasons, demand in 2015, the current waiting time, requirement of the carmaker for Saturday shifts at one plant, more options...
read moreCourt ordered Volkswagen to sell stake in Suzuki back
September 10, 2015 | 09:23pm CEToriginalAt the same time, however, the court acknowledged the right of Volkswagen to compensation because Suzuki violated the terms of the Partnership Agreement. The former and the current value of the shares...
read moreNexen Tire hires local managers in Central Europe
September 10, 2015 | 02:49am CEToriginalThis is related to the expansion of activities in manufacturing, distribution and sales. The company has been recently strengthened by managers from competitors and the state administration...
read moreWustenrot sold insurance business in Czech Rep
September 8, 2015 | 11:44pm CEToriginalIt is the life and non-life insurance companies. The buyer and his profile, consultant, candidates, reasons for sales, financial results, partnership in the insurance...
read moreAnother Skoda dealer in Czech Rep changed owner
September 8, 2015 | 11:30pm CEToriginalThe firms concerned, localities, other activities, web, completion of the transaction, further expansion...
read moreToyota Motor aims to reduce prices at parts suppliers after year
September 7, 2015 | 11:54pm CEToriginalReasons, requirements of the carmaker, the history of negotiations with component makers, financial results, Toyota New Global Architecture...
read morePolish army apparently decided for Scania vehicles in long tender
September 7, 2015 | 11:34pm CEToriginalThe offer of the Polish company with Tatra vehicles was reportedly tightly second. The volume of the contract, contract signing, the parameters of vehicles...
read moreNexen Tire to begin construction of plant in Czech Rep soon
September 6, 2015 | 11:29pm CEToriginalEIA, zoning, building permit, production capacity, HR, employee training, R&D centre...
read moreVolkswagen started production of engines in Russia
September 6, 2015 | 11:18pm CEToriginalLocation, capacity, drive units for VW and Skoda models, car sales in the first seven months...
read moreDaimler opened virtual Mercedes Me Store in Czech Rep
September 3, 2015 | 11:57pm CEToriginalPartnership with the most expensive street in the country, the first real Mercedes Me Store in a German city, Mercedes-Benz Prague Fashion Week...
read moreOwners of Volkswagen suggested manager to new chief of Supervisory Board
September 3, 2015 | 11:50pm CEToriginalThe Supervisory Board also proposed extending the current contract to the CEO with a few years...
read moreCzech Leasing and Finance Association appointed new Chairman
September 3, 2015 | 01:46am CEToriginalIt happened after Jirina Tapsikova had gone from member company SkoFIN. Her successor became a former member of the CLFA Board...
read moreJirina Tapsikova moved to another position within Volkswagen Group
September 2, 2015 | 02:13am CEToriginalCountry, company, new function, her successor in the Czech branch of Volkswagen Financial Services...
read moreBAIC wants to acquire stake in Daimler
September 2, 2015 | 12:15am CEToriginalSize of the stake, the advancement of the negotiations, timing, accession of Chinese companies to Western carmakers...
read moreSeat won huge fleet contract in Europe
August 31, 2015 | 11:17pm CEToriginalCountry, client, the size of the fleet, models, engines, timing, special adjustments and their supplier, the use of cars, fleet trade of the brand in 2014...
read moreRolls-Royce to open first dealership in Czech Rep
August 31, 2015 | 12:39am CEToriginalThe local partner, location of the showroom and service centre, timing, sales on the Czech market, the service potential, competitors in Central Europe...
read moreSkoda Auto gained another police contract in Europe
August 31, 2015 | 12:22am CEToriginalCountries, models, fleet size, orientation of the police unit, special equipment...
read moreModelarna Novak bought new equipment, expanded production possibilities
August 28, 2015 | 04:23am CEToriginalThe first five-axis CNC machining centre, second 3D arm for checking the accuracy of products, clients from automotive industry, results in 2014, HR...
read moreUOHS: Ministry of Transport questions authority and competence of Supreme Administrative Court
August 28, 2015 | 04:08am CEToriginalCzech anti-monopoly office also responded to criticism of the Ministry regarding the preliminary injunction in a tender for a new operator of the vehicle register...
read moreAntitrust Authority canceled tender for new operator of Czech vehicle register
August 26, 2015 | 10:15pm CEToriginalIt has thus complied with the design of the current operator, ICZ. Reasons based on the jurisprudence of the Supreme Administrative Court, the response of the Ministry of Transport, the Ministry's appeal...
read moreZdenek Fort went from carmaker to automotive supplier
August 25, 2015 | 11:53pm CEToriginalHowever, he will still operate in distribution. The company and its profile, Fort’s new position…
read more
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