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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 (Tesla), 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
CLFA: Leasing of movable assets down by 56% in Q1-3, a slight drop in other commodities
November 10, 2009 | 10:26pm CEToriginalThe share of operative leasing in the overall volume went up again in 2009 and that was to…
read moreNRC: Production of electric cars and electric energy for their drive is not ecological in US
November 10, 2009 | 07:38pm CEToriginalEnergy-intensive production is primarily the production of batteries. Operation and production of electric cars will still be more expensive compared to the petrol cars in the year…
read moreAAA Auto posted a profit for second quarter in sequence, net profit reached EUR 900,000 in Q3
November 10, 2009 | 07:26pm CEToriginalRevenues went down by 42% y/y, by 9.6% compared to Q2. The overall sales declined in Q3 but went up in Central Bohemia and Western Slovakia…
read moreGM Europe head Carl-Peter Forster quits
November 10, 2009 | 06:47pm CEToriginalForster belonged to supporters of Opel sale which GM decided to keep eventually. Forster will probably be replaced by…
read moreSkoda Auto initiated serial production of model Superb Combi in Kvasiny
November 10, 2009 | 06:27pm CEToriginalFirst ordered cars will be delivered to customers in late November. Regarding production of Superb Combi in China…
read moreExclusive passenger transport to Prague Airport to be provided by car rental Dvorak with BMW cars
November 10, 2009 | 05:55pm CEToriginalA limousine will pick passengers up in Prague and will deliver them to VIP Terminal and then directly to the airplane. BMW 7 Series cars will be expanded by…
read moreGeneral Motors: Car sales in China to grow by 10% per year even without government support
November 10, 2009 | 05:21pm CEToriginalThe US carmaker expects the market to grow by 10% this year and next year as well. According to GM, in 2010 there will be sold…
read moreSlovakia to provide further support for investment of carmaker Kia Motors
November 10, 2009 | 04:03pm CEToriginalThe support refers to automotive supplier Hyundai Mobis as well. The town of Zilina, where the plant is located, will use the financial resources for…
read moreFiat’s net profit dropped by 95% in Q3
November 10, 2009 | 03:09pm CEToriginalThe company's revenues fell by 16% to EUR 12 billion. Revenues of the automobile division itself declined by...
read moreRenault to grant financial support to Russian carmaker AvtoVAZ
November 10, 2009 | 02:01pm CEToriginalThe French carmaker will support restructuring of AvtoVAZ, which is now trying to avert bankruptcy, by an unspecified sum of money…
read moreGerman carmaker Daimler returned to net profit in Q3 after a loss in Q2
November 10, 2009 | 12:57pm CEToriginalHowever, the net profit dropped by nearly 75% y/y. According to Daimler, the worldwide demand for cars in 2009 will decline by only…
read moreToyota wants to open ecological retailers in Europe, current dealers to undergo audits
November 9, 2009 | 11:54pm CEToriginalThe main aim will be as high savings of energy, water and CO2 reduction as possible. Pilot projects have already started...
read morePrices of cars sold on Czech market slightly fell in October
November 9, 2009 | 11:40pm CEToriginalNew cars became cheaper by 0.1%, prices of used cars have stagnated. However, spare parts and service works went up...
read moreGeneral Meeting of AAA Auto Group removed Antonius Kemp from Board
November 9, 2009 | 11:30pm CEToriginalHis successor has not been decided yet. The reason for his appeal is...
read moreCCS: Fuel continue to become more expensive in Czech Rep for third week already, stagnating in Slovakia
November 9, 2009 | 11:22pm CEToriginalPetrol and diesel became more expensive at Czech filling stations by more than 30 hellers. Development during this week…
read moreDownturn in revenues of carmaker PSA slowed down in Q3 due to government incentives for sales
November 9, 2009 | 07:14pm CEToriginalPSA’s revenues declined by 7/7% y/y in Q3; the downturn made nearly 25% in Q2. However, the carmaker warned of a drop of market in…
read morePSA to increase production in Slovakia by more than 7% this year and thus to exceed original plan
November 9, 2009 | 06:15pm CEToriginalIn November an exchange in the position of manager of plant in Trnava will occur. Jean Mouro will leave to a different position in the group and will be replaced by…
read moreCarTec Group opened BMW showroom in Liberec, its second one in Czech Rep
November 9, 2009 | 03:48pm CEToriginalInvestment in the new car center reached more than CZK 60 million. Next year, the company will open another showroom in Liberec…
read moreSales of imported used cars in Slovakia down by 20% in Q1-3
November 9, 2009 | 02:56pm CEToriginalThe reason is scrap bonus which boosted up sales of new cars. In the future the ratio of sales of new and used cars is expected to…
read moreToyota Motor introduced Toyota and Lexus cars with electronic service book in Europe
November 9, 2009 | 01:50pm CEToriginalData about maintenance, accessories installation and kilometre count cannot be falsified and so safety and guarantee are increased during sales of used cars…
read moreCzech internet retailer Vivantis started selling tires
November 9, 2009 | 12:20pm CEToriginalIn e-shop VivaPneu.cz customers can find 16,000 items, also cast and steel naves. Regarding the field of logistics and warehouse stock, VivaPneu.cz cooperates with company…
read moreUniCredit Leasing prepared favoured car financing for liberal professions
November 7, 2009 | 12:26pm CEToriginalMembers of the professions do not pay a flat fee, they can choose to calculation with a lower instalment...
read moreHonda presents service action for CZK 99 in Czech Rep
November 7, 2009 | 11:25am CEToriginalAt the same time, the carmaker has prepared discounts for spare parts and accessories. The assistance service Honda Assistance is then possible to acquire for any car regardless its age…
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreGoodyear Dunlop Tyres expands number of partners for purchasing parts for franchising network Premio
November 5, 2009 | 09:10pm CEToriginalIn the future the company wants to introduce a section of tuning, which has already been established well in Germany, in the Czech Republic. The cooperation regarding a purchase of parts starts with…
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