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On occasion of anniversary of 30 years in Czechia (and 120 years of founding of Ford Motor Company), Ford offers rent a test car for two days free of charge (until 30 September), anniversary bonus of CZK 30,000 (EUR 1,250; until September 15), credit from Ford Credit (UniCredit Leasing) for companies and entrepreneurs with interest rate of 1.99% p.a. (down payment from 50%, financing period 2 years; until September 30) for Puma (from CZK 444,900/EUR 18,430) and Kuga (from CZK 642,900/EUR 26,630)
August 29, 2023 | 02:49pm CETflashread more
Audi Approved Plus: Autocentrum Barth Hradec Králové, Czechia dealership became partner of certified used Audi car program
August 29, 2023 | 02:40pm CETflashread more
Unplanned shutdown of production at Toyota plant in Kolín, Czechia (Toyota Motor Manufacturing Czech Republic; daily production of 1,000 Aygo X and Yaris cars) due to shortage of plastic parts following fire at Novares factory in Žebrák (Novares CZ Zebrak) to last at least until September 1
August 29, 2023 | 02:35pm CETflashread more
Semiconductor/chip shortages, COMPASS (Cross Operational Management Parts & Supply Security): Volkswagen begun purchasing strategically important chips directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics, not including TSMC yet. Automaker intends to use fewer different types of chips in its vehicles to simplify supply chain, Schnacke (Škoda Auto, Volkswagen Group COMPASS) said
August 25, 2023 | 10:14am CETflashread more
Novares wants to resume production in Žebrák, Czechia (Novares CZ Zebrak; manufacturer of plastic components for Toyota, BMW, Stellantis with 160 employees) as soon as possible after factory fire, in meantime employees to be temporarily assigned to other plants in group (Czechia: Janovice nad Úhlavou) or companies in vicinity with help of Labour Office of Czech Republic. Damage estimate increased to CZK 1.8 billion (EUR 75 million)
August 25, 2023 | 10:09am CETflashread more
RCM (car, van, truck, boat/yacht dealer with 2,500 employees in 123 branches in France, Belgium, UK, Switzerland – 35 Toys Motors Toyota dealerships, 5 Toys Plus Lexus, 42 Saga Mercedes-Benz Cars/Vans, 18 Saga Mercedes-Benz Trucks, 3 Porsche, 12 RCMarine Bénéteau, 3 Azimut, 3 logistics centers; turnover of EUR 1.65 billion in 2022; sales of 11,186 new Mercedes cars and vans, 1,155 Mercedes trucks in 2022) to acquire Mercedes-Benz Praha (Mercedes-Benz car, van dealer in Prague, Czechia with two locations – Chodov, Stodůlky; revenues of CZK 4.6 billion/EUR 192 million in 2022) from Mercedes-Benz AG, through RCM Praha and RCM East Europe. Transaction began to be assessed by Office for Protection of Competition (ÚOHS)
August 23, 2023 | 01:37pm CETflashread more
JLR You Owe Us: Milberg London filed group action against Jaguar Land Rover (Tata Group) in UK over faulty diesel particulate filters (DPFs) causing limp mode switching on diesel engines, claims compensation of GBP 3,000-16,000 (over GBP 3 billion in total) for affected owners of more than 500,000 vehicles (Range Rover L405, Range Rover Sport L494, Range Rover Evoque L538/L551, Land Rover Discovery L462, Land Rover Discovery Sport L550, Land Rover Velar L560, Jaguar E-Pace X450, Jaguar F-Pace X761, Jaguar XE X760, Jaguar XF X260 sold in 2017-2022 and 2014-2023 respectively). Carmaker faces similar class-action lawsuit by Maurice Blackburn in Australia (2016-2023 model year vehicles including Jaguar XJ)
August 23, 2023 | 01:29pm CETflashread more
Kovolis Hedvikov (manufacturer of aluminium castings for cars, vans, trucks, buses with almost 1,000 employees in Hedvikov/Třemošnice and Ronov nad Doubravou, Czechia; customers: Wabco/ZF, Webasto, Valeo, NSK, PSA/Stellantis, Opel, Mubea, GKN, Garrett, Aisin, Denso, Volkswagen, Škoda Auto, SEAT; revenues of CZK 1.62 billion/EUR 68 million in FY 2021/2022) introduced new FSW (Friction Stir Welding) technology of joining solid materials without filler material, enabling to connect parts produced by different technologies from different materials, piloted in project of heat exchanger for automotive industry
August 23, 2023 | 01:19pm CETflashread more
Toyota to suspend production in Kolín, Czechia (Toyota Motor Manufacturing Czech Republic; daily production of 1,000 Aygo X and Yaris cars) on August 22, due to shortage of components following fire at Novares factory in Žebrák (Novares CZ Zebrak). According to automaker, downtime not yet clear
August 22, 2023 | 08:56am CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 6.4% in July, penetration (share) down by 4.1 pp. In January-July 2023, almost all brands saw their diesel share of total car sales fall y/y, Škoda showed most notable growth in penetration of top 15 brands (by diesel sales)
August 22, 2023 | 08:49am CETflashread more
Mercedes-Benz Praha (Mercedes-Benz, Smart car, van dealer in Prague, Czechia with two locations – Chodov, Stodůlky) transferred truck division (Mercedes-Benz, Fuso truck dealerships in Prague with 115 employees) to Daimler Truck Czech Republic (distributor of Mercedes-Benz trucks in Czechia), commissioned 60 kWp photovoltaic power plant (PV, solar panels) in Chodov, transferred properties in Chodov (sale for CZK 830 million/EUR 35 million) to Mercedes-Benz Czech Republic (distributor of Mercedes-Benz, Smart cars, vans in Czechia). Company recorded revenues of CZK 4.6 billion in 2022 (EUR 192 million, -7%, 2021: CZK 4.93 billion) at sales drop from 3,365 cars, vans in 2021
August 22, 2023 | 08:45am CETflashread more
Fire at Novares factory in Žebrák, Czechia (Novares CZ Zebrak; manufacturer of plastic components for Toyota, BMW, Stellantis with 180 employees) to affect production of Toyota plant in Kolín (3-shift operation, former 2023 production plan: 203,000 cars, company-wide holiday: week 32-33), Toyota Motor Manufacturing Czech Republic said, adding that it is currently not possible to estimate total impact
August 21, 2023 | 12:45pm CETflashread more
Caravan Salon Düsseldorf 2023: FCA Germany/Stellantis (Fiat Professional, Peugeot, Citroën, Opel), Ford-Werke, Iveco Magirus, MAN Truck & Bus, Mercedes-Benz, Nissan Center Europe, Volkswagen Commercial Vehicles, Erwin Hymer Group (Bürstner, Dethleffs, Hymer, Laika, LMC, Niesmann+Bischoff), Knaus Tabbert (Knaus, Tabbert, Weinsberg, T@B, Morelo), Adria Mobil, Clever Mobile/Vans, Concorde Reisemobile, Etrusco, Fendt-Caravan, Frankia, Hobby Wohnwagenwerk, Temsa Motorlu (Stork Camper), Westfalia, as well as four companies from Czechia (ARB Europe, Base Design/Sam the Van, EcoFlow Europe, Zambelli-Technik) to join 62nd fair for motorhomes, caravans, campervans in Düsseldorf, Germany (August 25 – September 3)
August 21, 2023 | 12:39pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group up by 6.6% in July (VW -0.9%; Škoda +17.4%; SEAT+Cupra +45.7%; VW Commercial Vehicles +23.3%; Audi +14.7%; Lamborghini+Bentley -21.2%; Porsche -7.2%; MAN +38.6%; VW Truck & Bus -37.1%; Scania +2.9%; Navistar +30.3%)
August 21, 2023 | 12:34pm CETflashread more
Plastika (manufacturer of plastic parts for automotive, electrical industries with 580 employees in Kroměříž, Czechia; customers: Škoda Auto, Continental, TI Fluid Systems, Faurecia, TRW, Magna, Marelli Automotive Lighting, Varroc, IAC Group, HP Pelzer, Tokai Rika, Bosch, SSI, ATEK, YAPP, Hella, Grupo Antolin, Volkswagen, ZF, SEAT, Tymphany; revenues of EUR 30 million in 2021) won orders from Thermal Management Solutions (formerly Arlington), Modine, Magna Powertrain transferred from bankrupt company SKD Bojkovice
August 18, 2023 | 09:42am CETflashread more
VDA: Car production in Germany up by 20% y/y in July, export by 26%
August 18, 2023 | 09:38am CETflashread more
Holiday Rental (PůjčSiToyotu.cz): Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia) launched rental of Toyota Proace City Verso, Proace Verso (from CZK 1,350/EUR 55 per day) minibuses (and vans), accessories (roof box, bicycle holder, Tanatech trailer, package for fishermen) with above-standard parameters (no deposit, deductible in accident CZK 1,000/EUR 40, Czech and Austrian motorway/highway vignette, free parking of client's car in guarded parking lot)
August 17, 2023 | 11:46am CETflashread more
Cartesian Capital Group formed new company, Thermal Management Solutions Group (manufacturer of automotive components for internal combustion engine vehicles/ICEs, hybrids/HEVs, battery/BEVs, fuel cell electric vehicles/FCEVs with 800 employees in UK, Germany, France, USA, Brazil, China; customers: Ford, Jaguar Land Rover, BMW, Daimler/Mercedes-Benz, Renault-Nissan, General Motors/GM, Stellantis/FCA, Aston Martin, Bentley; revenues of GBP 150 million) which combines thermal management division of Arlington Industries/Arlington Automotive Group (in insolvency since March 2020) with three global thermostat brands Dauphinoise Thomson, Magal, Wahler. AlixPartners, GÖRG, Gerloff Liebler, Ernst & Young/EY, Dentons, Eversheds Sutherland advised Cartesian in restructuring of Arlington (acquired in 2013)
August 17, 2023 | 11:42am CETflashread more
VDA: Production of electric cars in Germany up by 93% y/y to 672,900 units in H1, of which 523,900 battery electric vehicles/BEVs (+142%) and 149,000 plug-in hybrids/PHEVs (+13%). Germany overtook USA in H1 and is now in second place worldwide, association pointed out
August 17, 2023 | 11:36am CETflashread more
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