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Autoneum (producer of acoustic, thermal management solutions for vehicles with 11,800 employees in 53 plants in 24 countries; revenues of EUR 1.7 billion in 2021) acquired automotive business of Borgers (Borgers Automotive Group; manufacturer of acoustically effective components for passenger cars and commercial vehicles with 4,700 employees in 18 production facilities in 8/9 countries – Germany, France, Poland, Sweden, Spain, Czechia, UK, USA, China; revenues of EUR 610 million in 2021) for EUR 117 million from insolvency, agreed new pricing and delivery terms with customers to ensure sustained profitability. Simultaneously, capital of Autoneum to be increased, in which two largest shareholders (Artemis Beteiligungen I, PCS Holding) to participate. In Czechia, company renamed Borgers CS to Autoneum Pilsen (supplier for BMW, Audi, Volkswagen, Porsche with 1,700 employees in 4 factories – Rokycany, Hrádek, Volduchy, Stupno/Břasy)
May 14, 2024 | 04:41pm CETflashread more
PFA: New car registrations in France up by 10.9% in April (vans up to 5.1 tonnes +15.6%; trucks +22.5%)
May 14, 2024 | 04:30pm CETflashread more
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation, power generation industries with 500 employees in Germany, Netherlands, Bosnia and Herzegovina, USA, Mexico, South Africa, South Korea, Serbia; customers, projects: Škoda, Volkswagen, Bentley, Porsche, Mercedes, BMW) to expand plant in Klášterec nad Ohří, Czechia (Minileit s.r.o.), leased remaining 5,000 sqm in Garbe Progresus Park Klášterec I. Company to move automated assembly of turbochargers, intake manifolds for hybrid passenger cars, commercial vehicles for Mercedes-Benz Group from Almere, Netherlands to Czechia, creating additional 120 jobs (110 in production, 10 in administration and R&D – reference processes for research and development in automated assembly and laser welding)
May 9, 2024 | 12:47pm CETflashread more
Tesla to suspend production in Grünheide near Berlin, Germany (Gigafactory Berlin-Brandenburg with 12,500 employees; 6,000 Model Y BEVs/week) for four days (May 8-12) as precautionary measure due to demonstrations prepared to protest planned plant expansion and related deforestation in vicinity
May 9, 2024 | 12:38pm CETflashread more
ElektroFest 2024: Daimler Truck Czech Republic, Renault Czech Republic, C Automobil Import (Citroën), O Automobil Import (Opel), Porsche Czech Republic (Volkswagen Commercial Vehicles), Milan Král Group (Mercedes-Benz, BMW, Ford), Auto Racek (Škoda), Šudoma (Peugeot), Autosalon Jiří Souček, S.&W. Automobily (Mercedes-Benz), Auto Neza (Kia), Synot Auto (BMW), PEMM Brno (Kia, Yamaha), Autocentr Hudec (Hyundai), Eurogreen CZ (Polaris Goupil), AAA Auto, EV Car Import, Citya Mobility, Amigi Consulting (KTM-ebikes.cz), Hugo Bike, Teslička.cz, Pomalé-nabíjení.cz, UniChargePay.eu, Lascam Systems, Nano Power, Beneš a Lát, ASAP Delivery (eShopKurýr.cz), Alza.cz, APEL, ASEP became partners/supporters, exhibitors at clean mobility festival (meeting of electric cars, meeting of electric motorcycles, EcoRace race, e-scooter race, test drives, conference) in Pelhřimov, Czechia (May 24-25)
May 6, 2024 | 02:48pm CETflashread more
ACEA: New commercial vehicle registrations in EU mostly grew in Q1 (vans +12.6% to 399,947; trucks -4% to 85,296; buses+coaches +23.3% to 9,624), individual fuel/power types successful differently (BEV+PHEV: +4.2%, +29.5%, +10.3%; HEV+MHEV: +12.6%, -40.5%, -1.9%; FCEV+NGV+LPG+biofuel/ethanol: +51.9%, -4.4%, -22.7%; petrol: +18.8%, -19.4%, 0 units; diesel: +12.2%, -4.5%, +38.8%)
May 6, 2024 | 02:37pm CETflashread more
SWS (distributor of ICT, consumer electronics, digital technology with 250 employees in Slušovice and Prague, Czechia and Bratislava, Slovakia) launched its own brand of electric motorcycles and scooters ViaGo on Czech market, production runs in China. Sales, service provided by partners in Brno (WMB/Daemons Moto Custom), Prague (Domanský), Ostrava (Pimpala.cz), ViaGo.cz e-shop operated by Satomar (prices from CZK 34,900/EUR 1,400 to CZK 94,900/EUR 3,800, free delivery)
May 6, 2024 | 02:31pm CETflashread more
JATO Dynamics: Share of Asian brands in car market in Europe stagnated at 24% in 2023, having grown by 10pp since 2001. Japanese brands dominated in hybrids/HEVs (share of 84% among Asian brands) and SUVs (52%), South Korean in plug-in hybrids/PHEVs (47%) and electric vehicles/BEVs (44%), Chinese in none of most important categories
May 3, 2024 | 03:34pm CETflashread more
UniCredit Leasing concluded almost 200 financing contracts in Czechia during first month since launch of Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs)
May 3, 2024 | 03:21pm CETflashread more
Eastlog 2024: Atoz Marketing Services to hold 27th logistics congress with Bizlog matchmaking event in Prague, Czechia on May 30-31. Representatives of Siemens, Raiffeisenbank, TE Connectivity, Vitesco Technologies, Toyota Material Handling to speak at conference
April 30, 2024 | 02:44pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,427 used vehicles in March, record 26,000 cars and vans in Q1 (+12%; 126 BEVs, +142.3%). In 2024, company plans to increase sales by almost 10% (to nearly 108,000), including 1,000 electric vehicles (2023: almost 400 BEVs)
April 30, 2024 | 02:35pm CETflashread more
AutoSAP: 8,488 (passenger) electric vehicles produced in Czechia in March and 27,024 in Q1 (-34.6%; 5,960 and 19,246 battery electric vehicles, -35.7%; 2,528 and 7,778 plug-in hybrids, -31.7%), of which 8,485 and 27,021 cars (-34.6%; Škoda: 3,156 and 10,171 BEVs, -45.4%, 930 and 2,520 PHEVs, -30.4%; Hyundai: 2,801 and 9,072 BEVs, -19.7%, 1,598 and 5,258 PHEVs, -32.3%) and 3 and 3 buses (SOR: 0 and 0 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 3 and 3 BEVs)
April 30, 2024 | 02:29pm CETflashread more
JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) down by 7% to 296,740 units (196,045 BEVs, -11%; 100,695 PHEVs, +2%) in March, representing 21.5% share in total registrations (penetration, -1pp). Tesla Model Y (26,847 cars, -42%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (11,758, -13%), Volvo EX30 (7,598, new), Peugeot 208 (5,463, -15%) and Volvo XC40 (5,354, -16%). Volvo XC60 (5,785, +38%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (4,509, -6%), Audi A3 (4,273, +105%), BMW X1 (3,281, +75%) and BMW 3 Series (3,213, +193%)
April 29, 2024 | 02:50pm CETflashread more
Police of Czech Republic is working with version that motive for attack at Auto Papoušek (independent car service with two facilities in Prague, Czechia – Řepy, Bohnice) car repair shop in Řepy was personal and work reasons. Court sent attacker accused of murder to custody
April 29, 2024 | 02:44pm CETflashread more
AutoSAP: Car production in Czechia down by 5.2% y/y in March, up by 11.5% to 394,443 in Q1 (Škoda+SEAT -9.3%, +5% to 243,322; Hyundai -17%, -1.2% to 87,200; Toyota +47.7%, +89% to 63,921). Buses (Iveco -3.4%, +4.2% to 1,068; SOR +153.8%, +36.6% to 97; Škoda Electric 0 units, 0 units), motorcycles (Jawa +20.3%, +31.7% to 241), trucks (Tatra n/a, +12.2% to 405), trailers (Agados n/a, -7.4% to 3,741; Schwarzmüller n/a, -10.6% to 388; Panav n/a, +3.7% to 140) successful differently. Continued growth in production volume and most successful first quarter result ever are clear confirmation of importance and contribution of automotive industry to domestic economy. Good news is growth across all motor vehicle categories under review, Jahn said
April 29, 2024 | 02:39pm CETflashread more
DyCom Group (BMW, BMW Motorrad dealer in Karlovy Vary, Czechia) launched sales and service of Honda motorcycles in Jenišov
April 26, 2024 | 01:52pm CETflashread more
Automobile Jewels 2024: Golf Club Hostivař, Sport Hostivař to hold 4th exhibition of historic vehicles in Prague, Czechia on April 27, Autiva to organize auction of 35 vintage/classic vehicles (9 Phanomen, ČZ, Jawa, Praga motorcycles; 26 Saab, Ford, Cottin & Desgouttes, Jawa, Avions Voisin, Lincoln, Delage, Mercedes-Benz, Rolls-Royce, Hotchkiss, Tatra, Praga, Chenard & Walcker, Skoda, Alfa Romeo, Citroën, Bentley cars). Veteráni na Truc, Portu Gallery, Engine Prague, Auto Veteran Company (AVC), Cabrio Gallery to join exhibition
April 26, 2024 | 01:36pm CETflashread more
Office for Protection of Competition (ÚOHS) allowed AutoWallis Group (SsangYong distributor in Czechia, dealer of BMW cars and motorcycles and Mini vehicles in Hungary and Slovenia, representative of total of 23 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 NC Auto (BMW dealerships, BMW Motorrad and Mini service centers in Hradec Králové, Prague and Pardubice, Czechia detached in 2023 from Stratos Auto – Iveco and Kia dealer in Hradec Králové; sales of 737 new and used BMW cars in 2023, +13.4%) from founder (Martin Strakoš)
April 24, 2024 | 12:42pm CETflashread more
Dispatch warehouse of Novares (manufacturer of plastic components for automotive industry with 9,000 employees in 22 countries; customers, projects: Renault, Dacia, Stellantis, Peugeot, DS, Fiat, Ford, General Motors, Chevrolet, BMW, Nissan, Tesla, Jaguar Land Rover, Volkswagen, Škoda, Scania, Honda, Daimler, Mercedes, Geely, SAIC, Mitsubishi, Toyota, Suzuki, Faurecia, Yanfeng Johnson Controls, Bosch, IAC, Continental; turnover of EUR 1.2 billion in 2023) factory in Janovice nad Úhlavou, Czechia (Novares CZ Janovice; supplier of ventilation outlets, armrests, cup holders, door panels for Ford, BMW, Volkswagen, Stellantis, Scania with 400 employees) hit by fire on April 21, causing damage estimated at CZK 10 billion (EUR 400,000). No one injured, fire damaged forklift charging station
April 24, 2024 | 12:31pm CETflashread more
Man died after attack at Auto Papoušek (independent car service with two facilities in Prague, Czechia – Řepy, Bohnice) car repair shop in Řepy on April 18, another one arrested. Police qualified case as murder. We regret to confirm that crime has been committed at our branch. This was personal dispute but not involving our company or any of our customers, suppliers or employees, firm said
April 24, 2024 | 12:24pm CETflashread more
Lubomír Šlemar filed motion to initiate insolvency proceedings with Speed Rent (Redemptor/Charouz Group; sale and lease of Hyundai, Ford, Volkswagen, Mercedes-Benz cars in Prague, Czechia, Hyundai and Chatenet car rental, projects: Car for Hundred, Car over Hundred, Car in Plug, partners: Auto Enge, Exclusive Cars, M3000, United Cars & Services) due to claim of CZK 19 million (EUR 750,000)
April 22, 2024 | 12:42pm CETflashread more
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