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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
Fiat confirmed interest in German carmaker Opel
May 3, 2009 | 08:53pm CET, updatedoriginalThe interest in Opel has been also expressed by Canadian car parts manufacturer Magna International, which already...
read moreLouwman to sell Lexus cars in the Czech Rep, showroom in Prague to open in September
May 3, 2009 | 07:39pm CEToriginalIn connection with this event, there will be changes for Louwman in the sale of Toyota cars and also in the Lexus Lounge project…
read moreChrysler proclaimed bankruptcy and will form alliance with Fiat
May 1, 2009 | 08:00pm CEToriginalFiat will assume 20% share at the beginning. When Fiat redeems Chrysler's loans provided by the US government, it will become...
read moreUOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreVolkswagen to discontinue production in Bratislava in mid-May
May 1, 2009 | 11:22am CEToriginalThe company is going to make use of the production cut even within advance working for productin of the car line New Small Family. The outage will last from...
read moreChrysler reportedly to announce bankruptcy, agreement on alliance with Fiat completed
April 30, 2009 | 07:57pm CEToriginalNegotiations with creditors have failed even though the Ministry of Finance has increased its offer considering the exchange of remitted debt for...
read moreGM’s creditors seek to obtain majority in the company
April 30, 2009 | 05:31pm CEToriginalOnly 1% of the enterprise should remain to the existing shareholders, while the US government should...
read moreGE Money to reduce staff this year, 40 people fired already
April 30, 2009 | 04:15pm CEToriginalThe forced departures are linked besides the flagging mortgage market and the instalment financing, even with...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
read moreRussian Phaeton apparently not to buy Pap Oil, Czech filling station network
April 30, 2009 | 10:09am CEToriginalPhaeton has not succeeded in acquiring a loan through which the company would finance part of solicitation of 140 Pap Oil stations. Russian holding has though...
read moreAston Martin officially opened its 125th dealership in Prague today
April 29, 2009 | 10:27pm CEToriginalThe dealership has been acquired by Auto-Exner company which added the brand to its portfolio along with Bentley and Lamborghini. Aston Martin has been negotiating the dealership with...
read moreVW’s net profit fell by 72% at revenues fall of 11%
April 29, 2009 | 08:21pm CEToriginalThe results are then slightly better than the preliminary data from the beginning of April. Divisions of VW, Seat and Bentley posted...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreBendl: Friday unenforced truck drives‘ ban might be offset by higher toll
April 29, 2009 | 07:14pm CEToriginalThe toll increase in some time zones might according to the minister encourage carriers to...
read moreSkoda Auto net profit decreased by 91.4% at revenues fall of 29.6% in Q1
April 29, 2009 | 06:18pm CEToriginalThe biggest Czech carmaker´s sales declined due to the recession by 17.5% to 143,079 cars. The production...
read moreLesy CR purchased anti radars to new Audi limousines
April 29, 2009 | 05:00pm CEToriginalThe company paid CZK 135.000 for them. Price of seven company-owned cars amounted CZK 8.3 million, thus more than...
read moreQatar interested in purchasing share in Porsche carmaker
April 29, 2009 | 04:17pm CEToriginalBoth sides have already negotiated on the subject, according to Qatar prime minister. Share sale to Qatar might...
read moreGM's creditors disagree with restructuring plan, and predict bankruptcy
April 28, 2009 | 09:56pm CEToriginalCreditors require to be treated equally with trade unions; this means that they should get shares in the same ratio as...
read moreCKP: Damage volume of uninsured vehicles increased by fifth in the 5 years’ time
April 28, 2009 | 09:20pm CEToriginalUninsured drivers caused a damage of CZK 470 million in 2008. From the CKP’s guarantee fund, it has been granted performance...
read moreDecline in the automotive industry forced Ferex-ZSO to seek protection from its creditors
April 28, 2009 | 05:08pm CEToriginalFerex-ZSO got into financial problems due to the unprofitable operation of the foundry in Ostasov...
read moreTentative agreement: Saturday’s shifts in Skoda Auto according to unions, time accounts as of September
April 28, 2009 | 04:42pm CEToriginalFirst 50 employees of the Volkswagen plant in the Slovak town Martin have begun to work in the Skoda carmaker on Monday. In the second wave...
read moreDaimler agreed on withdrawal of its remaining 20% share in Chrysler
April 28, 2009 | 03:56pm CEToriginalThe complete Daimler‘s departure will untie the Chrysler’s hands for agreement negotiation of an alliance with the Italian company Fiat, and...
read moreGeneral Motors to cut about 27,000 jobs, government might acquire GM's majority share
April 27, 2009 | 10:30pm CEToriginalOut of the total, 21,000 will for the US and 5,900 for Canada. The carmaker also intends to discontinue the Pontiac brand and reduce...
read moreToyota Urban Cruiser: In sale from CZK 399,900; 4x4 version from CZK 479,900
April 27, 2009 | 05:31pm CEToriginalToyota is entering the B-SUV segment with this model in which the company would like to acquire 4% share. In the Czech Republic the company would like to sell...
read moreUS trade unions agreed on concessions with Chrysler, Fiat and the government
April 27, 2009 | 05:25pm CEToriginalThe only carmaker’s obstacle in obtaining the state assistance is now the negotiation with creditors. The agreement with Fiat on the assumption of 20% share in Chrysler...
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