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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
Hyundai to initiate two-shift operation in Nosovice on September 7
August 20, 2009 | 11:22am CEToriginalThe reason is a planned initiation of serial production of B-segment MPV, which was named Kia Venga. Launching the model on market and its price…
read moreRussia to extend 30% import duty on new cars probably
August 20, 2009 | 10:12am CEToriginalThe measure has had positive impact on Russian automotive segment, according to the government. A decision on extending the duty even after September 1 should be taken…
read moreUS carmaker Ford increases production due to scrappage scheme
August 20, 2009 | 09:51am CEToriginalThe company has increased production plan for Q3 by 10,000 cars to 495,000 cars. Its production should thus raise by 18% y/y. In Q4, Ford expects an increase in production by…
read moreRussia plans on scrap bonus introduction
August 20, 2009 | 09:29am CEToriginalThe system of scrap bonuses could be initiated in January 2010. In exchange for a car minimally 10 years old the government should offer a bonus…
read moreCLFA: Movable asset leasing down by 54.2% in H1, consumer lending by 22%
August 20, 2009 | 08:54am CEToriginalThe number of concluded contracts fell more steeply so an average price of a financed item went up. Specifically, within particular means of financing…
read moreSmaller Russian carmaker IzhAvto proclaimed bankruptcy
August 20, 2009 | 08:34am CEToriginalRoughly 2,000 employees have already agreed to leave the company in exchange for compensation money. The company produces for the carmaker AvtoVAZ but also for…
read moreSaarGummi to invest CZK 100 million in new technology in Czech Rep
August 19, 2009 | 09:22pm CEToriginalAlong with it the company will create 80 new work places. The investment relates to an order for a new model of Mercedes-Benz B-Class, which will come into market in…
read moreKoenigsegg agreed with GM to purchase carmaker Saab
August 19, 2009 | 10:43am CEToriginalKoenigsegg will pay a very small amount of money for Saab because it will also take the carmaker’s old debts over. For a fixed period, Saab will share…
read moreSales of carmaker Volkswagen went up for the third time in sequence in July
August 18, 2009 | 10:27pm CEToriginalThe concern turned profit from strong demand in Germany and China mainly; sales in Europe decreased. Its subsidiary Skoda Auto…
read moreProfit of South Korean carmaker Kia grows faster than of its controlling company Hyundai
August 18, 2009 | 07:49pm CEToriginalThe company’s revenues went up by 11.5% in Q2, its profit quadrupled. During all this year, Kia intends to increase sales to…
read moreAudi to initiate production in its second plant in China in September
August 18, 2009 | 03:23pm CEToriginalIn the plant, which the carmaker built together with its Chinese partner FAW Group, Audi will be producing the models A4L and Q5. Audi’s production capacity in China will thus grow to…
read moreHyundai scrap bonus availed by 300 customers during two weeks
August 18, 2009 | 02:43pm CEToriginalMoreover, the carmaker has increased the quota of stock cars during the offer. Hyundai had all cars without exception ecologically scrapped…
read moreProducers of ethanol in US ask for selling cars using biofuel E85 only on market
August 18, 2009 | 01:41pm CEToriginalThey argue that they are environmentally friendly and would create new work places as well. Producers of biofuels also struggle for…
read moreMoney for scrappage scheme in Germany to be spent during three weeks
August 18, 2009 | 12:18pm CEToriginalThe earmarked assets will be enough for paying 183,736 bonuses only. Nevertheless, number of applications is growing daily…
read moreNew car sale slump in Russia accelerated to 58% in July
August 18, 2009 | 11:28am CEToriginalThe Russian government seeks to encourage demand, for example, by subsidizing low-cost car loans, but according to traders...
read moreCzech plant of Olho-Technik enrolled 50 people thanks to scrap bonus in Germany this year
August 17, 2009 | 11:23pm CEToriginalThe company enrols new workers only for a specified period. Although the Czech plant is expecting slump at the end of the year, it intends to enrol next...
read moreCCS: Fuel went up by dozens of hellers last week
August 17, 2009 | 07:30pm CEToriginalNatural 95 increased the price by 61 hellers, the price of diesel went up by 42 hellers. The sharp price rise should according to analysts stop this week...
read moreCars sold on Czech market increased prices for the first time this year
August 17, 2009 | 07:10pm CEToriginalPrices of new as well as used cars increased m/m in July. Motorcycles became slightly cheaper, service works and spare parts...
read moreSaab sale to group of investors around Koenigsegg getting complicated
August 17, 2009 | 06:29pm CEToriginalOne of the investors has according to the Swedish press withdrawn his previous interest. Moreover, the Koenigsegg Group...
read moreCar sales in India increased by 31% in July
August 17, 2009 | 05:36pm CEToriginalAccording to analysts, the car sales will continue to grow, mainly thanks to new models and better credit access. Another help should be...
read moreToyota plans to increase production by 3% to 6.5 million cars
August 17, 2009 | 05:14pm CEToriginalIt is caused by government measures for the car sales support around the world. The carmaker has already improved annual sales estimate...
read moreQatar to purchase 10% of holding Porsche SE and options on stock of Volkswagen
August 16, 2009 | 06:17pm CEToriginalThe Qatari state-owned company Qatar Holding will invest in the whole transaction…
read moreGeneral Motors has not chosen any buyer for Opel so far
August 16, 2009 | 05:50pm CEToriginalMagna submitted a new offer on Thursday which GM is going to compare with an “attractive” proposal presented by RHJ. At the same time, GM denied Thursday’s statement of Magna’s CEO…
read moreFord extended line of special offers until September 30 and added several new ones
August 14, 2009 | 02:25pm CEToriginalThe initial offer has been set up for the facelifted models Transit Connect and Tourneo Connect, the carmaker introduced a new design line Fusion Calero and…
read moreWittig: Sales of Volkswagen to decrease by 5% this year
August 14, 2009 | 01:57pm CEToriginalThe carmaker has thus improved its estimation of sales for this year when it expected a fall by…
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