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Škoda Auto cancels some shifts in Mladá Boleslav and Kvasiny, Czechia this week (week 20) due to shortage of parts (armrests, seats, reflectors/headlights). Reason is new UNECE (UN Economic Commission for Europe) regulation regarding security of vehicles against cyber attacks, valid from July 2024, which also imposes relatively strict conditions on security of supply chain of carmakers
May 17, 2024 | 12:46pm CETflashread more
J.D. Power, GlobalData cut 2024 global new light-vehicle sales outlook by 100,000 cars, vans from 89.3 million (+3.2%) to 89.2 million (+3%). This year is balancing act between supply and demand. As production constraints fully dissipate, natural demand will be able to be met at current prices. Given that we do expect some easing of pricing throughout most major markets, global auto industry is expected to maintain positive outlook in near term, Schuster (GlobalData) said
May 14, 2024 | 04:50pm CETflashread more
Autoneum (producer of acoustic, thermal management solutions for vehicles with 11,800 employees in 53 plants in 24 countries; revenues of EUR 1.7 billion in 2021) acquired automotive business of Borgers (Borgers Automotive Group; manufacturer of acoustically effective components for passenger cars and commercial vehicles with 4,700 employees in 18 production facilities in 8/9 countries – Germany, France, Poland, Sweden, Spain, Czechia, UK, USA, China; revenues of EUR 610 million in 2021) for EUR 117 million from insolvency, agreed new pricing and delivery terms with customers to ensure sustained profitability. Simultaneously, capital of Autoneum to be increased, in which two largest shareholders (Artemis Beteiligungen I, PCS Holding) to participate. In Czechia, company renamed Borgers CS to Autoneum Pilsen (supplier for BMW, Audi, Volkswagen, Porsche with 1,700 employees in 4 factories – Rokycany, Hrádek, Volduchy, Stupno/Břasy)
May 14, 2024 | 04:41pm CETflashread more
PFA: New car registrations in France up by 10.9% in April (vans up to 5.1 tonnes +15.6%; trucks +22.5%)
May 14, 2024 | 04:30pm CETflashread more
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation, power generation industries with 500 employees in Germany, Netherlands, Bosnia and Herzegovina, USA, Mexico, South Africa, South Korea, Serbia; customers, projects: Škoda, Volkswagen, Bentley, Porsche, Mercedes, BMW) to expand plant in Klášterec nad Ohří, Czechia (Minileit s.r.o.), leased remaining 5,000 sqm in Garbe Progresus Park Klášterec I. Company to move automated assembly of turbochargers, intake manifolds for hybrid passenger cars, commercial vehicles for Mercedes-Benz Group from Almere, Netherlands to Czechia, creating additional 120 jobs (110 in production, 10 in administration and R&D – reference processes for research and development in automated assembly and laser welding)
May 9, 2024 | 12:47pm CETflashread more
Tesla to suspend production in Grünheide near Berlin, Germany (Gigafactory Berlin-Brandenburg with 12,500 employees; 6,000 Model Y BEVs/week) for four days (May 8-12) as precautionary measure due to demonstrations prepared to protest planned plant expansion and related deforestation in vicinity
May 9, 2024 | 12:38pm CETflashread more
ElektroFest 2024: Daimler Truck Czech Republic, Renault Czech Republic, C Automobil Import (Citroën), O Automobil Import (Opel), Porsche Czech Republic (Volkswagen Commercial Vehicles), Milan Král Group (Mercedes-Benz, BMW, Ford), Auto Racek (Škoda), Šudoma (Peugeot), Autosalon Jiří Souček, S.&W. Automobily (Mercedes-Benz), Auto Neza (Kia), Synot Auto (BMW), PEMM Brno (Kia, Yamaha), Autocentr Hudec (Hyundai), Eurogreen CZ (Polaris Goupil), AAA Auto, EV Car Import, Citya Mobility, Amigi Consulting (KTM-ebikes.cz), Hugo Bike, Teslička.cz, Pomalé-nabíjení.cz, UniChargePay.eu, Lascam Systems, Nano Power, Beneš a Lát, ASAP Delivery (eShopKurýr.cz), Alza.cz, APEL, ASEP became partners/supporters, exhibitors at clean mobility festival (meeting of electric cars, meeting of electric motorcycles, EcoRace race, e-scooter race, test drives, conference) in Pelhřimov, Czechia (May 24-25)
May 6, 2024 | 02:48pm CETflashread more
ACEA: New commercial vehicle registrations in EU mostly grew in Q1 (vans +12.6% to 399,947; trucks -4% to 85,296; buses+coaches +23.3% to 9,624), individual fuel/power types successful differently (BEV+PHEV: +4.2%, +29.5%, +10.3%; HEV+MHEV: +12.6%, -40.5%, -1.9%; FCEV+NGV+LPG+biofuel/ethanol: +51.9%, -4.4%, -22.7%; petrol: +18.8%, -19.4%, 0 units; diesel: +12.2%, -4.5%, +38.8%)
May 6, 2024 | 02:37pm CETflashread more
SWS (distributor of ICT, consumer electronics, digital technology with 250 employees in Slušovice and Prague, Czechia and Bratislava, Slovakia) launched its own brand of electric motorcycles and scooters ViaGo on Czech market, production runs in China. Sales, service provided by partners in Brno (WMB/Daemons Moto Custom), Prague (Domanský), Ostrava (Pimpala.cz), ViaGo.cz e-shop operated by Satomar (prices from CZK 34,900/EUR 1,400 to CZK 94,900/EUR 3,800, free delivery)
May 6, 2024 | 02:31pm CETflashread more
JATO Dynamics: Share of Asian brands in car market in Europe stagnated at 24% in 2023, having grown by 10pp since 2001. Japanese brands dominated in hybrids/HEVs (share of 84% among Asian brands) and SUVs (52%), South Korean in plug-in hybrids/PHEVs (47%) and electric vehicles/BEVs (44%), Chinese in none of most important categories
May 3, 2024 | 03:34pm CETflashread more
UniCredit Leasing concluded almost 200 financing contracts in Czechia during first month since launch of Electromobility program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs)
May 3, 2024 | 03:21pm CETflashread more
Automakers
BMW Group began to provide tyre insurance in other countries in Europe
June 20, 2017 | 12:05am CEToriginalPartner, states, models, conditions, insurance period, price, insurance cover, first model with optional runflat tires...
read moreNew Mazda dealership opened in Czech Rep
June 18, 2017 | 11:26pm CEToriginalLocation, company and its other activities, history of the showroom, managing director, website...
read moreBMW launched sale of EVs in Slovakia
June 18, 2017 | 10:22pm CEToriginalModels and prices, dealers and service shops in several cities, service contract included, battery warranty, government subsidy program for EVss and HEVs...
read moreBosch to reportedly build new plant in Europe
June 15, 2017 | 11:52pm CEToriginalThe firm has not confirmed the information. Alleged location, amount of investment, products, timing, HR, subsidies, alliance with Daimler...
read moreDieselgate: Volkswagen to provide additional warranty for emission-affected cars in Europe
June 15, 2017 | 11:43pm CEToriginalDuration of the warranty, limitation, Muller's complaint about Mrs Jourova, limited space of the Euro commissioner to create pressure on the automaker...
read moreAutoBinck hired experienced automotive strategy specialist
June 15, 2017 | 12:16am CEToriginalPreviously, he worked for Porsche Engineering, Boston Consulting Group and Ricardo Strategic Consulting. His profile, new position, division...
read moreVolkswagen trade unions announced strike date in Slovak plants
June 14, 2017 | 11:57pm CEToriginalEmployee support rate, estimated participation in Bratislava, situation in other factories...
read moreLegends 2017: Attendance achieved organizer's expectations and surpassed last year's record
June 13, 2017 | 11:26pm CEToriginalThe number of exhibited cars and motorcycles, Czech exhibition premieres, the oldest exhibit, awards, a check for a hospital, preparation of the 5th year...
read moreOpel's head resigned before finishing sale of company to PSA
June 12, 2017 | 11:22pm CEToriginalKarl-Thomas Neumann, however, thinks the sale of Opel is the right thing to do. Successor, Neumann's further direction, the transaction completion...
read moreToyota sold its remaining stake in Tesla
June 12, 2017 | 11:06pm CEToriginalThe amount of the share, the end of cooperation between the two automakers, the different orientation in the field of drives, the increase in the insurance rates for Tesla cars, the value of the company...
read moreTrade unions in Volkswagen plants in Slovakia prepare strike
June 12, 2017 | 12:02am CEToriginalThe crash of the negotiation with an intermediary, the offer of the carmaker, the requirements of the trade unions, the PSA agreement in Trnava...
read moreCar and van sales in Russia up by 14.7% in May
June 9, 2017 | 03:53am CEToriginalThird growth in a row, results in 5 months, demand for individual brands and models, AEB comment...
read moreTesla considers building second car plant
June 8, 2017 | 12:07am CEToriginalCapacity fulfilment of the Fremont factory, planned models of cars and commercial vehicles, timing, vision of construction of other battery plants...
read moreLegends 2017: Fourth year to be attended by more than 15 automakers and dealers again
June 7, 2017 | 11:40pm CEToriginalDate, main themes, exhibitors, presented brands, exhibits and their value, guests, partners, clubs, official car...
read moreBosch to take over Italian supplier responsible for loss of BMW production
June 6, 2017 | 11:38pm CEToriginalThe profile of a downsizing family company, Albertini Cesare, products and clients, unpublished transaction value likely reflecting penalties for supply outages...
read moreSDA: New car registrations in Czech Rep rose by 11% to new record in May
June 6, 2017 | 12:02am CEToriginalGrowth was driven by Skoda, Dacia, Ford, Toyota, BMW and Nissan. Return to growth after the April drop, development in commercial vehicles, results for 5 months...
read moreMedea Research: Sales of new cars in Czech Rep increased by 10% in May 2017, registrations returned to growth
June 5, 2017 | 07:57am CEToriginalSales growth was driven by Skoda, Toyota, VW, BMW, Dacia and Fiat. Development in vans, growth of special-purpose registrations, results for 5 months...
read moreDieselgate: Lawsuit filed in USA accuses GM of emission fraud
June 5, 2017 | 07:54am CEToriginalModels concerned, number of vehicles, years of production, owner and lessor requirements, reaction of the automaker...
read moreEmil Frey moved training centre for Peugeot, Citroen and DS in Czech Rep
June 1, 2017 | 11:45pm CEToriginalThe new location of the center for training employees of the Czech dealer network, reasons for moving...
read moreSDA: 222 HEVs and 24 EVs registered in Czech Rep in April
May 31, 2017 | 11:31pm CEToriginalThere were also 187 CNG-powered cars and 79 LPG cars added to the registry. Leaders of alternative drives, results in 4 months...
read moreACEA: Car sales in EU down by 6.6% in April
May 31, 2017 | 12:09am CEToriginalFirst fall after five months of growth, Easter effect, results in individual countries, Central European demand, sales of carmakers, KPMG comment and outlook...
read moreSales of Volkswagen Group fell by 1.4% in April
May 30, 2017 | 11:56pm CEToriginalFirst drop after one month of growth, demand in individual markets, growth in Russia and China, sales of individual brands, results over 4 months, commentary...
read moreCar sales in Russia rose 6.9% in April
May 30, 2017 | 11:44pm CEToriginalSecond growth in a row, results in 4 months, Skoda sales, AEB comment...
read moreProblems of subcontractor affected BMW production in several countries
May 29, 2017 | 11:50pm CEToriginalIt is a supplier to Robert Bosch. Locations, models, components, timing, estimated damage, not-produced cars...
read moreSales of Skoda cars rose by 0.1% in April
May 29, 2017 | 10:45pm CEToriginalThis is the 17th increase in a row. Sales in individual markets, the growth in Russia and drop in China, interest in particular models, comments, successor of the Yeti...
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