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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
Usage in the company
UniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read moreStackmann: Seat to expand model range by compact SUV
March 27, 2014 | 01:27am CEToriginalDevelopment in Spain, timing, the probable location of production, entry of Seat to a new and growing segment...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreEC launched investigation of automotive exhausts manufacturers
March 25, 2014 | 10:58pm CEToriginalRaids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read moreUnions: Volkswagen offered shorter shifts and reduced wages to Slovak employees
March 23, 2014 | 11:50pm CEToriginalThe trade union refused that and threatened the company with a strike. Strike emergency, talks through an intermediary, the average salary in Volkswagen Slovakia in 2013...
read moreToyota to pay USD 1.2 billion for completion of investigation in USA
March 23, 2014 | 11:39pm CEToriginalThe carmaker has admitted providing U.S. clients with misleading information about the problems contributing to unintended acceleration of cars. The lawsuits...
read moreHyundai introduced several innovations in car sales in Czech Rep and Slovakia
March 20, 2014 | 11:36pm CEToriginalNew sites Hyundai.cz and Hyundai.sk, English version, the upgraded car configurator, tablets with the Showroom application for salespersons, supplier of IT solutions...
read moreSkoda Auto Vrchlabi trade unions to leave KOVO union
March 20, 2014 | 11:09pm CEToriginalThey are following a trade union in Mlada Boleslav. The situation in the carmaker’s third Czech factory, reduced membership fees, savings...
read moreVarroc to invest EUR 50 million in Czech Rep by 2016
March 19, 2014 | 11:48pm CEToriginalInvestment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
read moreGerman court dismissed complaint of investment funds against Porsche SE
March 19, 2014 | 11:27pm CEToriginalHowever, Porsche SE is facing other lawsuits in connection with the planned takeover of Volkswagen. Funds, required compensation...
read moreEC punished five companies for market cartel with automotive bearings
March 19, 2014 | 11:18pm CEToriginalOne company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
read moreHyundai Motor Group wants to expand production in Central Europe
March 19, 2014 | 03:06am CEToriginalThe automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
read moreVolkswagen to build new plant in Poland
March 18, 2014 | 11:38pm CEToriginalThe location, the amount of investment, the plant size, models produced, HR, timing, related personnel changes...
read moreCar sales in EU up by 8% in February
March 18, 2014 | 11:22pm CEToriginalThis is the sixth consecutive month of growth. Influences (warm winter, natural disasters), a decline in France, a significant growth of Skoda and Dacia brands, KPMG’s comment...
read moreJTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep
March 18, 2014 | 12:19am CEToriginalThe plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
read moreUniCredit to incorporate leasing companies into bank in Central Europe
March 17, 2014 | 10:46pm CEToriginalThis step was preceded by an integration of banking activities in the Czech Republic and Slovakia into one firm in 2013. The countries, details, timing, effects...
read morePSA to introduce third shift in Sochaux
March 17, 2014 | 10:35pm CEToriginalThe reason is the high initial demand for the new Peugeot 308 and the production start of the station wagon. Timing, HR, growth in production, orders, new engines...
read moreWinterkorn (Volkswagen): Skoda Auto to produce another model in Kvasiny
March 16, 2014 | 11:57pm CEToriginalAnnouncement of the new investment comes at a time when Skoda Auto is leading talks on a new collective agreement with the union. The alleged offer of the company after the 4th round of negotiations...
read moreBMW to move production of one model in Europe
March 16, 2014 | 11:42pm CEToriginalThe model, affected factories, timing, Strategy Number One, reduction of the number of platforms in the BMW Group, upcoming models...
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