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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
Ferrari Operating Leases: Czech dealer started offering operating leases for businesses and consumers
August 25, 2015 | 11:45pm CEToriginalThe financial partner, the lengths of the leases, the mileage limit, the affected models, prices, sales of Ferrari and Maserati cars in the Czech market in Q1…
read morePrague to announce tender for renewal of special vehicles for Municipal Police
August 25, 2015 | 11:36pm CEToriginalThe size of the contract, types and numbers of vehicles, estimated value, timing, renewal of the fleet of standard cars...
read moreOne Honda dealership in Czech Rep closed
August 24, 2015 | 11:56pm CEToriginalThe company, location of the showroom, business results, dealer situation in the region, search for a new partner...
read moreSkoda Auto succeeded in tender for several hundred cars for Czech police
August 24, 2015 | 11:41pm CEToriginalDetails of the framework agreement (number of vehicles, models, warranty, price, timing), offers of other bidders, an ongoing police fleet renewal...
read moreCzech Rep to introduce damage liability for industrial machines
August 24, 2015 | 11:14pm CEToriginalThese should be vehicles which do not travel on the roads. The amendment to the law responds to the decision of the EU Court of Justice concerning a damage caused in Slovenia. Timing...
read moreOne company from Auto Charouz Group went bankrupt
August 24, 2015 | 02:23am CEToriginalThe company and its profile, financial and business results, HR, successor and his profile...
read moreJTEKT presented business and investment plan for Czech plant of Koyo Bearings until 2017
August 24, 2015 | 12:05am CEToriginalNew lines in Olomouc, planned investments and revenues, HR, products and clients, contract for Jaguar Land Rover...
read morePrague Public Transport Company to renew another part of its bus fleet
August 20, 2015 | 05:32pm CEToriginalIt must keep the fleet age below 9 years. Annual renewal, the current tender, potential buyers, testing of electric buses...
read moreVolkswagen allegedly to enter South Korean market with Skoda brand
August 20, 2015 | 12:04am CEToriginalThe carmaker has not confirmed it. Reasons, timing, HR, market size, competition...
read moreOne Nissan dealer in Czech Rep ceased operation
August 19, 2015 | 11:45pm CEToriginalThe company, location, reasons, other activities, financial results, new owner of the showroom...
read moreInteva Products wants to build new plant in Czech Rep
August 19, 2015 | 12:10am CEToriginalLocation, developer, reasons, size, HR, timing, products, clients mainly from Central Europe, contracts, R&D...
read moreSARIO: Jaguar Land Rover wants to invest more than EUR 1 billion in Slovakia
August 18, 2015 | 11:50pm CEToriginalThe size of the property, plant characteristics (production capacity, operations, number of lines, HR), press shop also for external clients, secondary employment, timing...
read moreMafra established cooperation with VinCheck
August 17, 2015 | 11:44pm CEToriginalAdvertising server Automodul.cz will provide the possibility of screening the cars offered in VinCheck. The condition is putting a VIN code...
read moreSaint-Gobain Sekurit reorganizing and automating production in Europe
August 16, 2015 | 11:13pm CEToriginalExtending the Czech plant, timing, increasing demand for windscreens, HR, payroll, high profitability of production, clients...
read moreAdler Mobility continues to promote Liftago taxi platform using EVs
August 16, 2015 | 10:36pm CEToriginalThere is currently a ten-day campaign with BMW cars taking place. Supplier, transport price, additional EVs being tested...
read moreGermany halted investigation of current and former members of Supervisory Board of Porsche SE
August 16, 2015 | 10:07pm CEToriginalHowever, former executive managers are still investigated for market manipulation in an attempt to take over Volkswagen. The current shareholding structure of the companies concerned...
read moreMinistry of Transport cannot enter into contract with winner of tender for new operator of Czech vehicle register
August 16, 2015 | 09:58pm CEToriginalInterim measures of the antitrust authority, reasons, dismissal of the department, price quotes, ICZ’s proposal to cancel the competition, comments of relevant subjects...
read moreNew owner of Auto Charouz group renamed company and made personnel changes
August 14, 2015 | 03:38am CEToriginalNew chief of the group of dealerships, financial results, the affair of Petr Speychal with promissory notes, statement of the original owner Antonin Charouz...
read moreBang & Olufsen sold its automotive division
August 13, 2015 | 08:53pm CEToriginalPart of the transaction was a licence agreement for the Bang & Olufsen brand for the automotive industry. The buyer and his profile, price, license fees, clients and contracts, production in the Czech Republic...
read moreNissan appointed new chief in Czech Rep
August 12, 2015 | 11:35pm CEToriginalZdenek Fort has been Country Manager of this Japanese brand for the Czech market. His direction, successor and profile…
read moreJaguar Land Rover to build plant in Slovakia
August 11, 2015 | 08:25pm CEToriginalPreliminary agreement, battle of incentives, global competition, the final decision, location, amount of investments, capacity, timing, HR, aluminum models...
read moreBMW i: BMW expands EV dealer network in Czech Rep
August 11, 2015 | 08:10pm CEToriginalNewly certified dealers, expansion of the service network, mobile service advisor, sales performance, plan fulfillment, the interest in individual models, microsite...
read moreNissan appointed new head for Central Europe
August 10, 2015 | 11:30pm CEToriginalIt is a manager who co-founded the regional headquarters for the Czech Republic, Slovakia, Poland and Hungary. Andrey Akifiev, business results in FY 2014...
read morePolice suggested to indict Agrotec and other companies in case of rigged Czech Post contracts
August 10, 2015 | 11:09pm CEToriginalThe resulting damage, conflict of Andrej Babis’ interests, won tenders of Agrofert Holding and car dealer Agrotec in the last 10 years...
read moreCzech Rep chose new operator of vehicle register
August 9, 2015 | 11:04pm CEToriginalOne of the participants in the tender filed an objection to the antitrust authority. The firms concerned, the opinion of the UOHS, the winning price, the amount of savings, the duration of the contract, the deadline to appeal...
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