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Brose to expand production in Czechia (Brose CZ, Brose Sitech; seat structures, electric motors and initiators, side and rear door latches; 2,990 employees in Kopřivnice, Rožnov pod Radhoštěm, Ostrava; customers: Audi, MAN, Porsche, Scania, Volkswagen, BMW, Daimler/Mercedes, Fiat, Ford, General Motors/GM, Jaguar Land Rover, Stellantis/PSA, Volvo, Continental, Forvia Faurecia, Lear, Mahle Behr), building car seat structures plant with development and testing department in Mošnov near Ostrava. Company leased Hall D (12,000 sqm of industrial space, 1,500 sqm of office space; rooftop photovoltaic power plant/PV, preparation for heat pumps) of Ostrava Airport Multimodal Park (OAMP) near Leoš Janáček Airport from Concens Investments, production to start (SOP) in September 2025 with 250 employees (some of workers to move from Kopřivnice, some new jobs). Brose to supply automotive companies operating in Czechia and Slovakia from Kopřivnice and Mošnov
March 19, 2025 | 08:58am CETflashread more
International Automotive Recycling Congress (IARC) 2025: ICM to hold 24th conference on End-of-Life Vehicle (ELV) recycling in Antwerp, Belgium on March 19-21. Representatives of MAN Truck & Bus, Scania CV, Toyota Motor Europe, Hyundai Motor Europe, ACEA, ACEM, Recycled Materials Association (ReMA), The Future Is NEUTRAL, Global Impact Coalition (GIC), ArcelorMittal Europe, FEDERREC, Tec4U-Solutions, Autocirc, Galloo Group, Indra Recycling, Ec (European Commission), ClaimParts, ARN, Febelauto, Plastics Europe, EGARA, LKQ Atracco, RLG Systems to speak at event
March 19, 2025 | 08:54am CETflashread more
Amper e-Mobility 2025: Hedin Automotive Czech Republic (Mercedes-Benz), ROS (Audi), Renocar (BMW), Agrotec (Kia, Škoda), Amilo/Top Drive Club (BYD, Zeekr), Blohmann (ElBlesk), ZHT Group (SsangYong, Škoda), EV Car Import (MiniEV), Emerze Elektro (e-Pionýr), Tesla Czech Republic, Daimler Truck Česká republika (Mercedes-Benz Trucks, Fuso, TruckCharge), Auto Pokorný Motors (Hyundai), Hyundai Motor Czech, SFR Motor (SsangYong, Farizon), Lithium Energy/Schuberth Motors (Talaria, Sur-Ron, Vmoto, Dualtron, Bronco), Eurogreen CZ (Polaris Goupil), TiTron Storage, Auto-Charge, GivEnergy, Compleo Charging Solutions, Integrovaná střední škola automobilní Brno, Havrla-Upgrade (BMW i3upgrade.cz), Chargee, Mitsubishi Electric Europe, Photomate (Ekoenergetyka, Huawei, Energostation), Tata Steel Hille & Müller, Voestalpine Precision Strip to join 14th electromobility show as part of 31st electrical engineering, electronics, energetics fair in Brno, Czechia (March 18-20)
March 19, 2025 | 08:49am CETflashread more
Adam Žert left Faber Holding/Group (Aprilia, Moto Guzzi, Piaggio, Vespa distributor in Austria, Czechia, Slovakia), returning to Zetor Tractors as Marketing Director. Ivo Řehák, former Sales Manager at Kia Czech, appointed as Faber Moto's new Country Manager for Czech and Slovak markets
March 13, 2025 | 09:57am CETflashread more
J.D. Power, GlobalData cut 2025 global new light-vehicle sales outlook by 100,000 cars, vans from 91.7 million (+3.5%, 2024: 88.6 million) to 91.6 million (+3.4%). Despite high level of uncertainty, including potential for global trade war, global vehicle sales are showing resilience. We remain cautiously optimistic yet realistic about health of global auto market, as there are significant variables from trade risks to economic pressures that could affect trajectory of sales in near term, Schuster (GlobalData) said
March 13, 2025 | 09:53am CETflashread more
Vehicle Electronics & Connected Services (VECS) 2025: Insight Events Sweden to hold conference on autonomous, electric, connected vehicles in Gothenburg, Sweden on March 18-19 with subtitle 'Driving the Future of Sustainable Transportation'. Representatives of BMW Group, Nio, Cariad/Volkswagen, Scania CV, Scania Innovation Centre China, Tata Consultancy Services, Group Lotus, Polestar, Volvo Cars, Zeekr Technology Europe, Volvo Group Trucks Technology, Volvo Global Bus Technology, Volvo Autonomous Solutions, Volvo Penta, Heart Aerospace, Saab, Robert Bosch, Bosch Engineering, Dassault Systèmes, Siemens Digital Industries Software, Arval, Hertz, Kinto Mobility/Toyota, Waymo, AFRY, Altair, Analog Devices, AstaZero, Auve Tech, Black Swan Cyber Defense, Census, Elektrobit, Embedl, ETAS, FPT Automotive, Green Hills Software, HAAS Alert, HCLTech, Imatest, Luxoft/DXC Technology, MathWorks, Milence, P3 Digital Services, Parasoft, Scaleout Systems, Synopsys, Technica Engineering, Thoughtworks, UL Solutions, Unikie, Upstream Auto, Vector Informatik, VicOne, Waye Digital, WirelessCar, Zeabuz, Zenseact to speak at event
March 13, 2025 | 09:49am CETflashread more
Hydrogen Days 2025: Czech Hydrogen Technology Platform (HYTEP) to hold 15th conference on hydrogen technologies, challenges of hydrogen economy in Czechia and EU with workshops, exhibition, matchmaking meetings in Prague, Czechia on March 19-21. Program of conference with subtitle 'Hydrogen – from Politics to Business' to be divided into three thematic areas – development and deployment of hydrogen in energy (hydrogen production, hydrogen storage, energy storage, infrastructure, cogeneration systems, fuel cells, reversible fuel cells), development and deployment of hydrogen in transportation (fuel cells as energy source for mobile applications, powertrains based on hydrogen combustion, combined systems, use of hydrogen drives in forklifts, cars, trucks, buses, ships and trains, hydrogen infrastructure), cross cutting and overarching issues (education & information, legislation & safety, reliability, certification, grid integration, market introduction, business cases, hydrogen valleys, cooperation possibilities, European policies and national strategies, decarbonization potential, green hydrogen policy). Representatives of BMW, Toyota Material Handling, Robert Bosch, Devinn, Cylinders Holding, Quest One, Wevo Chemie, Orlen Unipetrol, E.ON Energy Solutions, Korea Hydro & Nuclear Power/KHNP, Gasunie, EWE, Net4gas/ČEPS, Gas Storage CZ/ČEPS, GasNet, Bloomberg NEF, ILF Consulting Engineers, Dräger Safety, Leef Technologies, CAC Engineering, Valcon, Fraunhofer, HYTEP, MPO, MZV, EIB, Hydrogen Europe Research, Clean Hydrogen Partnership, Hydrogen Coucil, ÚJV Řež, CDV to speak at event
March 11, 2025 | 11:53am CETflashread more
Sales of new light vehicles in USA apparently fell in February (J.D. Power/GlobalData: -0.6%; Cox Automotive: -0.3%, -2.7% after revision; S&P Global Mobility: +0.2%). Daily chaos from Washington has been negatively impacting consumer sentiment and likely contributing to lackluster consumer spending in February, Smoke (Cox Automotive) said, adding that his biggest worry for spring is rising interest rates
March 11, 2025 | 11:45am CETflashread more
Brose Sitech: Volkswagen, Brose established 50/50 joint venture in Polkowice, Poland, to produce seating systems, into which Volkswagen Group Components incorporated Sitech Sitztechnik and Brose part of its activities. New company has around 5,000 employees in eight sites in Poland, Germany, China, Czechia. Brose Sitech intends to expand its activities in Europe, America and Asia, expand its portfolio with innovative solutions for the entire vehicle interior, double its business volume to EUR 2.8 billion by 2030, increase number of employees to around 7,000
March 11, 2025 | 11:24am CETflashread more
Warehouse of AD Partner CZ & SK (distributor of car spare parts, partner of Autodistribution International/ADI for Czechia and Slovakia) in Předměřice nad Jizerou, Czechia hit by fire on March 6, causing damage estimated at CZK 30 million (EUR 1.2 million). No one injured
March 7, 2025 | 09:58am CETflashread more
Renocar (BMW, Mini, BMW Motorrad dealer in Brno and Prague, Czechia; sales of 2,445 new and used vehicles, turnover of CZK 4.34 billion/EUR 173 million in 2023) to acquire BMW dealership in Zlín from Synot, spun off from Synot Auto (sales of almost 400 new and used cars, turnover of CZK 661 million/EUR 26 million in 2023) to Renocar Synot. Transaction began to be assessed by Office for Protection of Competition (ÚOHS)
March 7, 2025 | 09:52am CETflashread more
Kallweit (VDA): Global passenger car/light vehicle market to grow by 2% to 80.4 million in 2025 from 78.5 million in 2024 (+3%; USA: +2% to 16.2 million from 15.9 million, China: +1% to 23.2 million from 23 million, Europe-31: +2% to 13.2 million from 13 million, Germany: +1% to 2.84 million from 2.82 million)
March 5, 2025 | 11:56am CETflashread more
ESG Forum 2025: Reliant to hold 2nd conference on sustainability challenges, ambitions in Prague, Czechia on March 12 with subtitle 'Change is Reality: ESG as Driver of Innovations'. Representatives of Goodyear Czech, IBG, Ringil, Schneider Electric, Gebrüder Weiss, Green0meter (ČSOB/KBC Group), PKV Build, X-Care Robotics (Yottabe Group), Dachser Czech Republic, Panattoni, Jipocar to speak at event. ČSOB Leasing, Logio, Sixt became partners of conference
March 5, 2025 | 11:48am CETflashread more
Operating Sphere
After real estates and subsidiaries, whole Tatra to be possibly pledged to banks
March 16, 2010 | 01:48am CEToriginalThis increased liability of banks for provided loans will be approved by the General Meeting at the end of March. Debts and the results of 2009...
read moreAuto-Staiger streamlines activities in Prague, closing Opel and Chevrolet showroomn in Konevova Street
March 16, 2010 | 01:34am CEToriginalThe company is therefore operating on a single place in Prague at the moment, namely in bigger premises in the Cernokostelecka Street...
read moreDer Spiegel: Volkswagen does not like that Jung made Skoda too good brand
March 16, 2010 | 01:29am CEToriginalSkoda cars reportedly compete with the VW brand; the same quality at lower price. Moreover, production in the Czech Republic is not so convenient any longer...
read moreWustenrot pojistovna increased premiums by 27.4% in 2009
March 16, 2010 | 01:15am CEToriginalThe insurance company, specializing in non-life insurance, increased the number of concluded contracts by 12.5% last year. The number of active contracts at the end of the year...
read morePorsche to hold spring maintenance check-up in Czech Rep by end of April
March 16, 2010 | 01:06am CEToriginalAt the same time, a Porsche owner can have air conditioning cleaned and filter replaced for a special price…
read moreNumber of car thefts in Slovakia fell by 7.8% in 2009, by 22.5% in Czech Rep
March 16, 2010 | 12:59am CEToriginalThe rate of clarified cases rose to more than 25% in Slovakia and reached 16% in the Czech Republic. Interest of thieves in particular brands...
read moreConsumers Defence Association: Consumer credit act has several shortcomings
March 16, 2010 | 12:46am CEToriginalThose are, for example, in the so-called arbitration clauses, according to SOS. The law apparently does not solve or protect the client from excessive indebtedness...
read moreBritain to provide loan guarantees for local division of General Motors
March 16, 2010 | 12:38am CEToriginalThe government will provide guarantees of EUR 290 million for Vauxhall, a British brand of the German carmaker Opel...
read moreVolume of loans provided by Cetelem fell by 28.7% in Czech Rep in 2009
March 16, 2010 | 12:23am CEToriginalHowever, the decline of financing of passenger cars and commercial vehicles was more dramatic—by 62.1%. Over 12% of clients borrowed to buy a car...
read moreCCS: Fuel prices in Czech Rep rising three weeks in a row, up in Slovakia as well
March 16, 2010 | 12:11am CEToriginalPetrol Natural 95 went up by 27 hellers on average, diesel by 11 hellers at the Czech petrol stations. This week’s development...
read moreTwo importers finalizing preparations for Isuzu pick-ups and medium-sized trucks entrance to Czech Rep
March 15, 2010 | 03:19am CEToriginalAt the same time, sales of pick-ups will also start in Slovakia, trucks will follow later. Prices, specifications, dealer network, brand finance...
read moreIndian electric car manufacturer Reva aims to build plant in Europe, Slovakia being considered
March 15, 2010 | 03:03am CEToriginalA capacity of the currently built plant in India, two models NXR and NXG, rental of the lead acid or Li-ion batteries, prices and dealer network in Europe...
read moreMatula (UniCredit Leasing): February and March show slight recovery in car segment
March 15, 2010 | 02:50am CEToriginalThe company expects growth in operating leases this year and wants to offer it to private individuals. It will deepen cooperation with the bank...
read moreSkoda Auto's operating profit fell by 64.1% in 2009, at revenues decline by 7.1%
March 15, 2010 | 02:34am CEToriginalThe carmaker’s sales fell by 11.9%, production by 1.2%. However, deliveries to customers rose by 1.4%, being caused by the Chinese market. Production of individual models...
read moreLouwman started Ford cars’ sale in Czech Rep, reopening this brand’s showroom in Pribram
March 15, 2010 | 02:13am CEToriginalIt is the first activity of the company Louwman regarding the Ford brand in Europe. The navigation to selected models for free, spring service action...
read moreOpel used non-standard marketing tool - web attacked by hacker in Czech Rep
March 15, 2010 | 01:58am CEToriginalIn this way, the company launched the action model Corsa 111 onto the market. The campaign increased traffic of the website Opel.cz instantly by...
read moreCSOB Pojistovna: Number of claims in non-life insurance increased by 5% in 2009
March 15, 2010 | 01:42am CEToriginalThe largest part has been created by damages from the motor insurance, namely 55%. The course of the number of claims corresponds with the statistics of insurance frauds...
read moreVolkswagen’s net profit down by 80.6% in 2009, at revenues decline by 7.6%
March 15, 2010 | 01:20am CEToriginalIn 2010, the carmaker expects a growth of sales, revenues and operating profit. The global market will grow slightly this year, to the level before the crisis it is going to get in…
read mores Autoleasing started to offer financial leasing with residual value
March 15, 2010 | 01:00am CEToriginalThe company is therefore responding to the decline in interest in finance leases. Advantages of the residual value and possibilities of product parameters’ choosing…
read moreFiat offers selected models with free air conditioning in Czech Rep, scrap bonus extended to end of March
March 15, 2010 | 12:47am CEToriginalThe scrap bonus of CZK 12,000 to CZK 50,000 can be applied to seven models. Panda, Punto, Linea and Bravo with an air conditioning included are available from…
read moreNumber of road accidents reported to Generali grew more slowly than amount of their losses in 2009
March 15, 2010 | 12:35am CEToriginalInsured losses of vehicles with a damage to and over CZK 100,000, the proportion of damage liability and accident insurance, results in different regions...
read moreSkoda Auto plans three extra Saturday shifts in production of models Superb, Yeti and Roomster in Q2
March 11, 2010 | 10:58pm CEToriginalThese are models produced at the Kvasiny plant. The Fabia model remains unchanged. Most contracts are now for the Superb Combi...
read moreAuto - Promato opened new showroom in Ceske Budejovice
March 11, 2010 | 10:25pm CEToriginalThe company moved the sale there from a different place in the city. The company offers new and used cars in particular of the brands Audi, BMW, Mercedes-Benz and Volkswagen…
read moreCredium concluded 11,779 new contracts in 2009, branded financing constituted 20% of contracts
March 11, 2010 | 10:00pm CEToriginalThe company, focusing on financing of vehicles, increased penetration of the Fiat Group brands. The structure of segments, financial products, customers, car brands...
read moreVolkswagen employees joined strike alert in Slovakia
March 11, 2010 | 09:47pm CEToriginalThey are reportedly asking for an increase of wages of 3.6%. By the strike alert, the unions also want to appeal on other employees in all regions...
read more
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