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CEE Automotive Supply Chain 2023: AutoSAP, Viktor Marušák (ZAP, The House of Congress) to hold 6th conference on supply chain in automotive industry in Central and Eastern Europe with matchmaking day in Olomouc, Czechia on October 24-25. Representatives of AutoSAP, ZAP, EP (European parliament), Ernst & Young (EY), Toyota Motor Manufacturing Czech Republic, Hyundai Motor Manufacturing Czech, Iveco Group, Kia Slovakia, Cyrkl, Škoda Auto, Panattoni, Unikie, Siemens Digital Industries, JTEKT, Vitesco Technologies, Služba Nitra, Yanfeng to speak at event
October 12, 2023 | 07:58am CETflashread more
BMW Group (BMW, Mini, BMW Motorrad): Miloslav Langer returned to Salzburg, Austria, where he took up position of Head of Cooperation, Strategy and Business Development for BMW Financial Services in Eastern Europe (Hungary, Slovenia, Croatia, Romania, Bulgaria). Milan Koza, former Sales and Marketing Manager in Slovakia, appointed as new Sales Director in Czechia (BMW Czech Republic)
October 12, 2023 | 07:55am CETflashread more
PwC increased 2023 Czech new car registrations forecast from 210,000-220,000 units (+9% to +15%) to 215,000-225,000 units (+12% to +17%), taking into account development in Q3. We assume that last quarter of 2023 will continue to be marked by lower demand from both companies and households, Janeček said, adding that on supply side there may be pressure to reduce prices in coming months
October 12, 2023 | 07:48am CETflashread more
AEB: Sales of new cars, vans in Russia up by 26.1% to 638,678 in Q1-3. Sales volume is higher (September: +120.5% to 116,324, Q1-3: +42.8% to 761,148), according to PPC JSC/JSC PPK (PIC/Passport Industrial Consulting – joint venture of JSC Electronic Passport/Rostech, LLC Autostat)
October 12, 2023 | 07:43am CETflashread more
Floods in Slovenia: Škoda Auto production in Mladá Boleslav and Kvasiny, Czechia returned to full capacity after four weeks of limited mode due to shortage of internal combustion engine parts following KLS Ljubno factory in Ljubno ob Savinji, Slovenia flooded. Ten maintenance workers of automaker continue to help with resumption of production at KLS as quickly as possible, total of more than 70 of them have taken turns there so far
October 11, 2023 | 07:48am CETflashread more
CAAM: New vehicle sales (deliveries to dealers) in China up by 8.4% in August (passenger cars +6.9%; commercial vehicles +20%)
October 11, 2023 | 07:43am CETflashread more
Volkswagen to cancel three-shift operation in Zwickau, Germany at end of 2023 after 30 years (agreement from 1991), aiming to agree with employees of plant (10,700 people, of which over 2,000 have fixed-term contract) producing BEVs (VW, Audi, Cupra; 2022: 218,000 cars with capacity of 360,000 vehicles) on work adjustments according to market situation
October 10, 2023 | 01:49pm CETflashread more
Atlas Copco acquired Soft2tec (manufacturer of Nexonar camera-based tracking systems used in automotive, aerospace, general industries with 38 employees in Rüsselsheim, Germany; revenues of EUR 1.9 million in 2020), integrating it into Chicago Pneumatic Tools division belonging to Industrial Technique business unit
October 9, 2023 | 12:14pm CETflashread more
Auto Průhonice (Volvo Cars dealer with three showrooms in Prague, Czechia – Průhonice, Stodůlky, Dejvice) to move dealership in Stodůlky to newly built property in Šafránkova Street, construction with covered Volvo Selekt used car shop (with capacity of 100 used vehicles) and EV charging stations provided by Strabag
October 6, 2023 | 09:45am CETflashread more
Net Zero Roadmap: Nestlé ordered 171 Škoda Enyaq 80 vehicles from Arval (operational leasing for 4 years, mileage 30,000 km/year), AMAG Automobil und Motoren (AMAG Group; Škoda dealer with 40 showrooms in Switzerland) handed over Nestlé Suisse first 126 BEVs
October 5, 2023 | 09:57am CETflashread more
Cebia establishes cooperations with automakers in field of motor vehicle approval process (homologation), related legislation – BMW Czech Republic (homologations, registrations, issuing of technical certificates for new BMW, Mini, Rolls-Royce vehicles in Czechia from September 2021; instead of HelpReg), Jaguar Land Rover (JLR) Slovakia (homologation of new Jaguar, Land Rover cars in Slovakia). We are negotiating with Jaguar Land Rover Austria about cooperation in Czechia (now provided by HelpReg), Pajer said
October 4, 2023 | 01:29pm CETflashread more
Martin Strakoš detached BMW dealerships, BMW Motorrad and Mini service centers in Hradec Králové, Prague and Pardubice, Czechia (valued at CZK 28 million/EUR 1.15 million) from Stratos Auto (Iveco, Kia dealer in Hradec Králové) into standalone company NC Auto, related properties (BMW showrooms, valued at CZK 465 million/EUR 19 million) to Salumax
October 4, 2023 | 01:22pm CETflashread more
United Auto Workers (UAW) unions expanded strike at Ford, General Motors, Chrysler/Stellantis in USA from 13,000 to 18,000 workers (by 5,600 employees at 38 GM and Stellantis parts distribution centers in 20 US states, out of total of 146,000 represented workers), another 7,000 employees at Ford and GM plants planning to suspend work
October 4, 2023 | 01:10pm CETflashread more
Sales of new light vehicles in USA grew in September as well as in Q1-3 (J.D. Power/GlobalData: +18.3%, n/a, +17% to 3.94 million in Q3; Cox Automotive: +13.3%, +13.3% to 11.64 million, +15.1% to 3.93 million in Q3; Edmunds: n/a, n/a, +16% to 3.94 million in Q3)
October 4, 2023 | 01:03pm CETflashread more
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Source: ECB, April 26, 2024