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Novares (manufacturer of plastic components for automotive industry with 9,000 employees in 22 countries; customers: Renault, Dacia, Stellantis, Peugeot, DS, Fiat, Ford, General Motors, Chevrolet, BMW, Nissan, Tesla, Jaguar Land Rover, Volkswagen, Škoda, Scania, Honda, Daimler, Mercedes, Geely, SAIC, Mitsubishi, Toyota, Suzuki, Faurecia, Yanfeng Johnson Controls, Bosch, IAC, Continental; turnover of EUR 1.2 billion in 2022) factory in Žebrák, Czechia (Novares CZ Zebrak; supplier for Toyota, BMW, Stellantis with 180 employees) hit by fire on August 14, causing damage estimated at CZK 1.5 billion (EUR 62 million). None of employees injured, one firefighter slightly injured
August 15, 2023 | 07:52am CETflashread more
ČSÚ: Car prices in Czechia down by 0.1% m/m in July, by 0.2% y/y (new: +0.6%, +5.8%; used: -0.6%, -3.8%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.4%, -0.2%), spare parts and accessories (+0.4%, +7.4%), fuels and oils (+1.8%, -23.9%), service works (+0.2%, +16.7%)
August 15, 2023 | 07:48am CETflashread more
GlobalData: New car sales in Western Europe up by 17.5% to 916,153 in July. Sales to grow by 9.4% to 11.1 million in 2023
August 14, 2023 | 10:35am CETflashread more
Komas (BR Group; manufacturer of metal parts, tools for automotive, other industries with 100 employees in Opava, Czechia; customers: Continental, Bentley, Škoda Auto, Volkswagen, Volvo) invested in degreasing technology using ultrasonic cleaning (SBS Ecoclean EcoCcore degreasing line), implemented new online production management solution (Karat information system)
August 14, 2023 | 10:26am CETflashread more
Barum Czech Rally Zlín, Star Rally Historic, Bugatti Grand Prix/GP, eJoin Green Rally 2023: Samohýl Motor Veterán, Škoda Museum to hold exhibition of historic Bugatti, Škoda cars in Kroměříž, Mototechna (Aures Holdings) to hold test drives of electric vehicles in Zlín, Czechia. Continental Barum, Škoda Auto, DF Partner/Sheron, Orlen Benzina, Orlen Oil, T-Motor Zlín, Alcar, M Servis, Auto Dolanský, MOL, Metalšrot Tlumačov, Inter Cars, Ostra Group, TotalEnergies, eJoin, Synot Auto, BMW Financial Services became partners of racing weekend (August 18-20)
August 14, 2023 | 10:20am CETflashread more
AAA Auto (Aures Holdings) Barometer: 104,533 used cars (HEV: m/m decrease; BEV: m/m drop) advertised in Czechia in July with mean value (median) of price of CZK 199,990 (EUR 8,300; -CZK 9,010/-4.3% m/m, +CZK 19,000 CZK/+10.5% y/y). Offer fell by 3,132 cars (-2.9%) m/m, grew by 12,417 units (+13.5%) y/y. Situation in other countries in Central Europe (V4) similar – Poland (200,075 cars, +0/+0% m/m; PLN 31,500/CZK 171,108, +PLN 1,500/+5%), Slovakia (61,247 cars, +5,000/+8%; EUR 9,999/CZK 241,576, +EUR 1,400/+16.3%)
August 14, 2023 | 10:13am CETflashread more
VDA increased 2023 global car market forecast from 74.9 million (+4%) to 75.7 million (+6%), new car sales outlooks for individual regions – USA: from 14.3 million (+4%) to 14.7 million (+7%), China: 23.9 million (+3%), Japan: from 3.8 million (+9%) to 3.9 million (+13%), India: 4 million (+6%), Brazil: 2.1 million (+5%), Europe-31: from 12 million (+7%) to 12.3 million (+9%), Germany: from 2.8 million (+4%) to 2.85 million (+6%)
August 10, 2023 | 10:56am CETflashread more
J.D. Power, GlobalData increased 2023 global new light-vehicle sales outlook by 100,000 cars, vans from 86.3 million (+7%) to 86.4 million (+7%), cutting forecast for 2024 by 100,000 from 90.3 million (+5%) to 90.2 million (+4.4%). Automotive industry continues to walk tightrope through various risks in industry, including economy, disruption and pricing pressures on consumers. However, demand remains robust and inventory levels are rising, which have kept industry with positive health outlook into 2024, Schuster (GlobalData) said
August 9, 2023 | 10:53am CETflashread more
Vienna Insurance Group/VIG (Kooperativa, Česká podnikatelská pojišťovna/ČPP, VIG Re zajišťovna, Global Assistance, Global Expert, Autonova Brno, France Car, Color Car, Hyundai Hradec) acquired Kappa-P (repair shop, towing service of cars, vans, trucks, buses in Ústí nad Labem, Czechia; partner of insurance companies, assistance services Europ Assistance, Global Assistance, Axa Assistance, Mondial Assistance/AWP, ÚAMK, Eurocross Assistance) from Radek Pacholík, through Global Repair Centres
August 9, 2023 | 10:42am CETflashread more
SMMT: New car registrations in UK up by 28.3% in July (vans up to 3.5 tonnes +44.2%; trucks up to 6 tonnes +111.6%)
August 9, 2023 | 10:30am CETflashread more
Raiffeisen-Leasing established cooperation with Rostislav Posker's Kolovna Koncept (long-term e-bike rental, other services in field of cycling mobility in Ostrava, Brno and Prague, Czechia), finances its green investment of CZK 50 million (EUR 2 million) to support electric bicycles as mean of transport with aim of reducing number of cars in cities. Investment to cover purchase of 200 e-bikes, provision of 20 container and 90 internal charging stations
August 8, 2023 | 09:36am CETflashread more
Lear acquired Thagora Technology (supplier of leather cutting system that brings automation, efficiency for leather upholstery for seats, car interiors manufacturing using graphics processing unit/GPU with 35 employees in Iasi, Romania; turnover EUR 3.5 million in 2021), strengthening Seating division. Mitel & Partners advised buyer, D&B David si Baias advised seller
August 8, 2023 | 09:25am CETflashread more
PFA-CCFA: New car registrations in France up by 19.9% in July (vans up to 5.1 tonnes +21%; trucks +53.9%)
August 8, 2023 | 09:16am CETflashread more
BMW iFactory: BMW Group to create digital twins of its plants (using NavVis 3D laser scanners), rolling out NVidia Omniverse Enterprise across production network worldwide. For first time, carmaker used software platform for building and operating 3D industrial applications virtually (metaverse) in planning and optimization of layouts, robotics, logistic systems at upcoming Neue Klasse BEV factory in Debrecen, Hungary (SOP: 2025). Omniverse also to allow suppliers to be involved in decision-making and integrates tools using to date (Bentley Systems MicroStation, Ipolog, Siemens Process Simulate, Dassault Systèmes CATIA, Autodesk Revit). Over time all relevant product, process, quality, cost data to also gradually be available in Omniverse alongside development, planning, production processes, company said
August 8, 2023 | 09:10am CETflashread more
Sales of new light vehicles in USA grew in July (J.D. Power/GlobalData: +16.8%; Cox Automotive: +15.3%)
August 8, 2023 | 09:04am CETflashread more
Exact Systems (provider of quality control services in automotive, other industries with more than 7,000 employees in 13 countries – Poland, Czechia, Germany, Slovakia, Turkey, Romania, UK, Hungary, Belgium, Netherlands, China, Spain, Portugal; customers: Audi, BMW, Dacia, Fiat/FCA, PSA/Stellantis, Ford, Volkswagen, Nissan, Škoda, Scania, Volvo, Mercedes-Benz, Renault Group, Iveco, Mitsubishi, SEAT, Hyundai, Daimler, Kia, GAZ, Opel, Adient) established joint venture in France with Sneci (provider of services, consulting with 450 employees in 10 countries – France, Morocco, Slovakia, Poland, Turkey, China, Hong Kong, South Korea, India, Malaysia; clients: AGC, Aisin, Arkal, Altran, Auto-Kabel, Autoliv, Automotive Lighting, Autoneum, BASF, Buzuluk, BWI, Continental, CooperStandard, Dura, Dongfeng, Eberspächer, Faurecia, Federal-Mogul, Gestamp, Getrag, GKN, Grupo Antolin, Hella, Henkel, Hirschmann, Hyundai Wia, ITW, Kayser, Koito, Kongsberg, Kostal, Lear, Leoni, Lisi, Lohr, Maflow, Magna Steyr, Magneti Marelli, Mahle, Maier, Mann+Hummel, Matador, Maxion Wheels, Meleghy, MGI Coutier/Akwel, Miba, Mobis, Monroe, Mubea, NSK, Plastic Omnium, Groupe Plastivaloire, PSA/Stellantis, Renault, Reydel/SMRC, Röchling, SaarGummi, Sika, SK Innovation, SMP, Snop, Streit, Tata, TI Automotive, Total, Tower, Trèves, U-Shin, UFI Filters, Valeo, Varroc, Vibracoustic, Visteon, Voith, Webasto, Witte, WKW, ZKW), Exact Systems France wants to employ up to 200 people by end of 2023
August 7, 2023 | 09:57am CETflashread more
Linaset (manufacturer of plastic plastic mouldings, injection molds for automotive, electrotechnical, other industries with 460 employees in Budišov nad Budišovkou and Bruntál, Czechia; customers: ABB, Hella, Schneider Electric, Siemens, Bosch, Varroc Lighting Systems, Magna, Continental, Ametek, Marelli Automotive Lighting, Mahle Behr, Kostal, UFI Filters, ZKW; turnover of EUR 32 million in 2022) looking for investor
August 7, 2023 | 09:52am CETflashread more
Plant for recycling of passenger, commercial tyres of 'Bonus Obchodní agentura' in Borovany near České Budějovice, Czechia (processing capacity of 30,000 tonnes of used tires per year) hit by fire on August 3, causing damage of CZK 60 million (EU 2.5 million), according to Fire Rescue Service's estimate. No one injured
August 7, 2023 | 09:49am CETflashread more
Mercedes-Benz Cars: Wolfgang Karl Bremm von Kleinsorgen to become new Managing Director for Benelux cluster (Belgium, Netherlands, Luxembourg) on September 1. Alexander Henzler, current Head of Sales and Marketing for Overseas markets (Japan, Australia, Turkey, India, Mexico, South America, and others), appointed as new head of Central and Eastern Europe region (Czechia, Poland, Hungary, Romania, Slovakia)
August 3, 2023 | 04:52pm CETflashread more
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