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Stellantis Slovakia: Martin Dzama to move to another position in Corporate Manufacturing department within Stellantis Group. Monika Poussard, former plant manager at Golde (CIE Roof Systems/CIE Automotive Group) in Lozorno, Slovakia, to become new director of factory in Trnava on April 1
February 15, 2024 | 05:38pm CETflashread more
Brno Industry 4.0 2024: South Moravian Industry Cluster 4.0, Brno Regional Chamber of Commerce, CyberSecurity Hub/CyberSecurityHubCZ (MUNI, VUT, ČVUT) to hold 8th annual conference on production digitalization, smart technologies for industry with matchmaking (B2B) meetings in Brno, Czechia on February 20. Representatives of Cyrkl, Astra Motor, Axiom Tech, Minerva, B&R Automation/ABB Group, RoboTwin, Flowbox, Siemens, MCAE Systems, NT Automation, Axians, Compas Automatizace, Intemac Solutions, Continental Automotive, Universal Robots to speak at event, 245 people not only from automotive companies from Czechia, Slovakia, Estonia, Austria, Germany and other not only European countries confirmed participation so far
February 15, 2024 | 05:26pm CETflashread more
Cebia Summary 1/2023: Average price of used cars in Czechia up by 9.9% y/y to CZK 299,000 (EUR 11,800) in Q1, by 3.8% during Q1
February 15, 2024 | 05:19pm CETflashread more
Kallweit (VDA): Global car market to grow by 2% to 77.4 million in 2024 from 75.6 million in 2023 (USA: +2% to 15.7 million from 15.5 million, China: +1% to 21.8 million from 21.6 million, Europe-31: +4% to 13.3 million from 12.8 million, Germany: -1% to 2.82 million from 2.84 million)
February 14, 2024 | 12:52pm CETflashread more
Insurtech Insights 2024: Insurtech Insights Limited to hold 5th annual conference on technology trends in insurance industry (artificial intelligence/AI, machine learning, Internet of Things/IoT, blockchain, data analytics) in London, UK on March 20-21. Representatives of QBE, Zego, Generali, Munich Re, Allianz, Zurich, VIG, Direct Line Group, Axa, Baloise, Suited Insure, Revolut, Aon, PwC, Indeez, Travelers, McKinsey & Company, RGA to speak at event
February 14, 2024 | 12:39pm CETflashread more
Mercedes-Benz E-Class (PHEV, MHEV; 132 points) became Car of the year 2024 in Czech Republic, followed by BMW 5 Series (BEV, PHEV, MHEV; 118), Subaru Crosstrek (MHEV; 90), Kia EV9 (BEV ; 82) and Hyundai Ioniq 6 (BEV; 78), jury of 20 motoring journalists and, for first time, also YouTubers and influencers decided. In previous year (2023), however, jury (equal to 65% consisting exclusively of motoring journalists) not sent forerunner and pioneer of generation change of E-Class (Mercedes-EQ EQE BEV) to final
February 12, 2024 | 02:41pm CETflashread more
ACEA: New commercial vehicle registrations in EU grew in 2023 (vans +14.6% to 1.47 million; trucks +16.3% to 346,986; buses+coaches +19.4% to 32,593), individual fuel/power types successful differently (BEV+PHEV: +56.8%, +127.4%, +39.1%; HEV+MHEV: +4.8%, +402.9%, +115.1%; FCEV+NGV+LPG+biofuel/ethanol: +40.5%, -4.7%, -13.1%; petrol: +38.3%, -12.8%, -100%; diesel: +10.4%, +15.8%, +11.3%)
February 12, 2024 | 02:27pm CETflashread more
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean mobility fair in Prague, Czechia drove off with Nio ET5 Touring BEV on display, marked by Cario and Teslička.cz, at stand of Association for Electromobility of Czech Republic (APEL) on November 10 and crashed into Iveco eDaily electric van exhibited by dealer Profi Auto CZ, not finding any circumstances justifying initiation of criminal prosecution for suspicion of specific crime, spokeswoman said, adding that matter is now being handled as civil-law dispute. Neither exhibitor of unsecured Nio car nor other entity have yet (even after 3 months) paid Profi Auto CZ damage of CZK 220,000 (EUR 8,800) on Iveco van, according to dealer, it will eventually be partially compensated from insurance of Nio vehicle. Exhibition organizer ABF tightened conditions for exhibiting all means of transport, regardless of drive (petrol, electric, hydrogen), not providing details. Culprit of this incident (first of its kind in Czechia, Europe and world, according to available informations) not identified
February 8, 2024 | 03:57pm CETflashread more
Kallweit (VDA): Car production in Germany to stagnate at 4.1 million in 2024 (2023: 4.12 million, +18%), of which electric vehicle manufacturing to grow by 19% to 1.45 million (BEV: +25% to 1.16 million, PHEV: +0% to 0.29 million). Foreign car production of German group brands to increase by 4% to 10.6 million (10.3 million, +6%)
February 8, 2024 | 03:42pm CETflashread more
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine 155, +0; DFSK/Dongfeng 174, +8; Ineos 319, n/a) slow down decline in fleet CO2 emissions of Czechia (2023: 137, -1; 2022: 138, +2). Other obstacles include slow electrification of drives and slow phasing out of high-emission engines (mainly diesel: 156, +1) from range of some established carmakers (Mitsubishi 114, +9; Renault 127, +4; Mini 131, +1; Škoda 131, +1; Dacia 134, +1; Hyundai 135, +0; SEAT 138, +2; Audi 186, +5; SsangYong 186, +3; Subaru 186, +1; Porsche 227, +20; Alpina 260, +15), which not manage to balance trend of increasing popularity of SUVs (share 45.04%, 44.61%), according to SDA new car registration statistics
February 7, 2024 | 04:46pm CETflashread more
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to customers, +18.5%) if not faced supply shortages of some components (chips, engine control units, flywheel parts). Brand reached record 7th place in Europe, profitable sales in China. In 2024, automaker plans double-digit growth (more than 10% to over 950,000) if supply chains not disrupted
February 7, 2024 | 04:32pm CETflashread more
AutoBinck: Adam Průša, former advertising manager, appointed as new head of marketing and communication of Mitsubishi Motors on Czech and Slovak markets (M Motors CZ, M Motors SK). Position of marketing & PR director for Mitsubishi and MG brands in Czechia and Slovakia previously held by Marek Vodička, who will continue to focus only on MG on Czech market (AB Motors CZ)
February 7, 2024 | 04:20pm CETflashread more
Škoda Auto, unions agreed on increase in wage tariffs in Czechia (37,000 employees, average salary CZK 69,500/EUR 2,780 in H1 2023) by 5% from April 1, night work surcharge by CZK 10 to CZK 50 (EUR 2) per hour, contribution to supplementary pension savings by CZK 100 to CZK 1,700 (EUR 68). For 2023, employees to receive variable bonus of CZK 96,000 (EUR 3,840) and one-off premium of CZK 4,000 (EUR 160) in May, i.e. total of CZK 100,000 (EUR 4,000) out of approximately CZK 170,000 (EUR 6,800) paid in total during 2024 on guaranteed and variable bonus and agreed one-time payment
February 6, 2024 | 12:36pm CETflashread more
Car of the Year 2024 in Czech Republic: BMW 5 Series (BEV, PHEV, MHEV), Hyundai Ioniq 6 (BEV), Kia EV9 (BEV), Mercedes-Benz E-Class (PHEV, MHEV) and Subaru Crosstrek (MHEV), all with electric or electrified drive, advanced to final, jury of 20 motoring journalists decided
February 6, 2024 | 12:26pm CETflashread more
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023, including 172,421 cars (+2.68%) to 6.6 million. Average age increased by 0.28 year (+1.48%) to 19.22 years, by 0.28 year (+1.76%) to 16.21 years. Over past 10 years, 2.3 million vehicles (+34.51%) added to Czech roads, of which 1.78 million cars (+36.88%), average age up by 2.56 year (+15.37%) and by 2.43 year (+17.63%)
February 5, 2024 | 04:58pm CETflashread more
Car of the Year 2024 (COTY): BMW 5 Series (BEV, PHEV, MHEV), BYD Seal (BEV), Kia EV9 (BEV), Peugeot E-3008/3008 (BEV, PHEV, MHEV), Renault Scenic (BEV), Toyota C-HR (PHEV, HEV) and Volvo EX30 (BEV), all with electric or electrified drive, advanced to final for European car of year poll
February 5, 2024 | 04:48pm CETflashread more
Witte Automotive acquired majority stake in Forez BG (former Forez plant in Ruse, Bulgaria; manufacturer of plastic mouldings for Witte Automotive Bulgaria with 60 employees; Tier 2 supplier with turnover of EUR 6 million) from FH Holding (formerly Forez Holding; Martin Pecháček, Serge Faltus, Ladislav Bako, Martin Karlík), renaming it Witte Injection Molding Bulgaria. BPV Braun Partners and Komarevski Dimitrov & Partners (KDP) advised buyer, PwC Legal advised seller. Witte to double its factory in Ruse with third hall and simultaneously to expand production in newly acquired plant by around 50% with construction of 1,200 sqm hall
February 1, 2024 | 03:55pm CETflashread more
Car of the Year 2024 in Czech Republic: 21 cars of 18 brands nominated for poll (Alfa Romeo Tonale Q4 PHEV, Audi Q8 e-Tron, BMW 5 Series, Citroën C4 X, Ford Bronco, Honda CR-V, Hyundai Ioniq 6, Kona Electric, Jeep Avenger, Kia EV9, Lexus LM, RX, RZ, Mercedes-Benz E-Class, MG4 Electric, Mitsubishi ASX, Opel Astra ST GSE, Porsche Cayenne, Renault Espace, Subaru Crosstrek, Toyota Prius PHEV), including one model already nominated in 2023 year (Alfa Romeo Tonale) and two facelifts (Audi Q8 e-Tron, Porsche Cayenne) and three derivatives not qualified for European COTY (Citroën C4 X – longer version of Citroën C4, Mitsubishi ASX – rebadged Renault Captur, Opel Astra Sports Tourer – station wagon version from Opel Astra)
February 1, 2024 | 03:44pm CETflashread more
Genesis Private Equity Fund IV (GPEF IV) from Genesis Capital group acquired majority stake in STT Servis (manufacturer of metal components, constructions of production lines for automotive, logistics, other industries with 40-50 employees in Dlouhá Loučka, Czechia; customers, projects: Mercedes-Benz, Jaguar; turnover of over CZK 250 million/EUR 10 million in 2022) from founders (Tomáš Ticháček, Šárka Ticháčková). KPMG and Wolf Theiss advised sellers, JŠK advised buyer
January 31, 2024 | 04:37pm CETflashread more
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