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Porsche: Iryna Kauk to become Vice President for Europe region (excluding Germany) on May 1. Michael Kirsch, former Head of Sales in China (President and CEO at Porsche China and Porsche Hong Kong & Macao), appointed as new Managing Director for Central and Eastern Europe (Porsche Central and Eastern Europe/CEE based in Prague, Czechia; 28 countries)
April 7, 2025 | 11:40am CETflashread more
Bauma 2025: Daimler Truck (Mercedes-Benz), MAN Truck & Bus, Scania, Tatra Trucks (+VS-Mont), Volvo Trucks, ABB, Allison Transmission, Ams Osram, Apollo Tyres, ArcelorMittal, BorgWarner, Bosch, Cummins, Dafo Vehicle, Dana, Danfoss, Deutz, Donaldson, Eberspächer, Fassi, Faun, Federal-Mogul, Forvia Hella, Hexagon, Fuchs Lubricants, Goodyear, Grammer, Hitachi, Honda Engines, Hyundai Construction Equipment, IFM Electronic, John Deere Power Systems, Johnson Controls, Kässbohrer, Kawasaki Precision Machinery, Kobit, Kögel Trailer, Komatsu, Kreisel Electric, Kubota, Kyocera Unimerco Fastening, Leica Geosystems, Liebherr, Linde Hydraulics, Magna Powertrain Engineering Center Steyr, Magna Tyres, Mann+Hummel, Miba Frictec, Murrelektronik, Palfinger, Parker Hannifin, Pewag, Röchling, Saint-Gobain Abrasives, Schaeffler Technologies, Schmitz Cargobull, Schwarzmüller, SKF, Spal Automotive, SSAB, Stäubli, Sumitomo, Suncar, Trelleborg, UFI Filters Hydraulics, Voestalpine, Volvo Construction Equipment, Volvo Penta, Würth, ZF, ZVL Auto, BNP Paribas Lease, Deutsche Leasing, LeasinGo, TotalEnergies, CzechTrade to join 34th fair for construction and mining machinery and vehicles in Munich, Germany (April 7-13). Simultaneously, conference to take place (April 7-11), focusing on one of five key topics every day (climate neutrality, mining challenge, alternative drive concepts, networked construction, sustainable construction)
April 7, 2025 | 11:32am CETflashread more
SMMT: New car registrations in UK up by 12.4% in March, by 6.4% to 580,502 in Q1 (vans up to 3.5 tonnes -3.2%, -10.6% to 84,747; trucks up to 6 tonnes +49.2%, +35.4% to 2,695). Individual fuel/power types performed differently in Q1 (BEV: 120,191 +42.6%; PHEV: 53,686 +26.1%; HEV: 86,005 +18.7%; petrol: 286,787 -7.1%; diesel: 33,833 -10.2%)
April 7, 2025 | 11:26am CETflashread more
Olfin Car (Volkswagen, Škoda, Volvo, Toyota, Ford, Lexus dealer in Trutnov, Hradec Králové, Pardubice, Toyota service in Kolín, Czechia) opened SsangYong/KGM dealership in Hradec Králové, in former Toyota showroom in Malšovice (which company moved to Slezské Předměstí)
April 7, 2025 | 11:19am CETflashread more
J.D. Power, GlobalData cut 2025 global new light-vehicle sales outlook by 100,000 cars, vans from 91.6 million (+3.4%, 2024: 88.6 million) to 91.5 million (+3.3%). Trade tensions are on rise, bringing potential for slowdown in global economy and pullback in auto sales, in particular. However, industry is showing resilience for now. Scrappage subsidies in China and growth in other Asian markets are expected to deliver increase in sales overall, although downside risks are mounting, Oakley (GlobalData) said
April 7, 2025 | 11:13am CETflashread more
Galvanoplast Bohemia (manufacturer of galvanized plastic parts for interior, exterior of cars with 186 employees in Liberec, Czechia; customers: Magna, Ulbrichts Automotive, Meraxis/Rehau Group, Winning Plastics – Linden, Hella, Škoda, Volkswagen, Mercedes-Benz, BMW, Peugeot, Plastika; turnover of CZK 600 million/EUR 24 million in 2024) is in insolvency. Company stopped paying its obligations due to shift of automakers away from chrome plating, which was caused by European REACH regulation prohibiting the use of carcinogenic substance hexavalent chromium (Cr6+) in galvanization. Galvanoplast responded to this market change by rebuilding W2 electroplating line to technology without use of Cr6+ and closing other two facilities in city (W1, W3). Firm with total debt of CZK 751 million/EUR 30 million (main creditor is Česká spořitelna with claim of CZK 571 million/EUR 23 million from acquisition loan) applied to court for reorganization
April 3, 2025 | 05:52pm CETflashread more
KBA: New car registrations in Germany down by 3.9% in March, by 4.3% to 664,571 in Q1 (motorcycles -32.8%, -40.7%; buses +6.7%, -15%; vans/trucks -13.7%, -11.7%; trailers -1.4%, -5.5%). Electric vehicle sales grew by 40% to 176,767 in Q1 (112,968 BEVs +38.9%, 63,799 PHEVs +41.8%), representing share of 26.6% (17+9.6%)
April 3, 2025 | 05:47pm CETflashread more
Marketing & PR Director Marek Vodička to leave AB Motors CZ (AutoBinck Group; MG distributor in Czechia) on April 4. We reached this decision in connection with organizational changes aimed at more effective management of marketing activities and better interconnection between AB Motors CZ and AutoBinck Car Distribution International, Králíček said. Dominika Beranová, MG brand manager, to take over coordination of marketing and PR activities between both entities (AB Motors, ACDI)
April 2, 2025 | 01:41pm CETflashread more
Czech & Slovak Sustainability Summit 2025: Atoz Marketing Services to hold 3rd conference on sustainability in Prague, Czechia on April 10. Representatives of Škoda Auto, Daikin, Camea, KB (Komerční banka), Raiffeisenbank, ČS (Česká spořitelna), ISFC (International Sustainable Finance Centre), ACT Commodities, Enviros, Rezolv Energy, Veolia, Institut 2050, VŠCHT, ČVUT, VŠB-TUO, MŽP, SP ČR (Confederation of Industry and Transport of Czech Republic) to speak at avent
April 2, 2025 | 01:34pm CETflashread more
CzechToll (ITIS Holding, PPF Group): Carriers paid record CZK 17.16 billion (EUR 688 million, +15%) in tolls in Czechia in 2024. Increase is mainly due to new CO2 emission charge introduced in March 2024, which accounts for approximately 15% of total tolls paid. Freight transport intensity grew by 3% to 1.16 billion toll transactions. At end of 2024 as many as 882,000 vehicles weighing over 3.5 tons registered in electronic toll system, of which over 700,000 vehicles had foreign license plate numbers. For registered vehicles, CzechToll issued 659,000 on-board units to carriers
April 2, 2025 | 01:21pm CETflashread more
eFleet Day 2025: Slovak Electric Vehicle Association (SEVA), MôjElektromobil.sk to hold 4th conference on possibilities of electrification of vehicle fleets in companies in Šamorín near Bratislava, Slovakia on April 9, test drives with more than 60 BEVs (Škoda, Mercedes, Renault, Ford, Hyundai, Kia, MG, Porsche, Alfa Romeo, BMW, Citroën, Cupra, Farizon, Fuso, Mini, Nissan, Opel, Peugeot, SEAT, Volvo, Xpeng, Volkswagen Commercial Vehicles), presentation of products and services (ČSOB Leasing, Visa, EES, Applipower, Ayvens, eJoin, IBG). Representatives of Škoda Auto Slovensko, Mercedes-Benz Slovakia, Emil Frey Group/Peugeot, Scania CER, Voltia, ZSE Drive, Ionity, Slovenské elektrárne, GreenWay Infrastructure, Greenlogy, OMV, NearCharger.com, ČSOB, ČSOB Poisťovňa, Global Payments, D-Tax, 3Mon, Wattiva, Siemens Healthineers, GO4, SAPI, RAP/EU to speak at conference
March 31, 2025 | 08:51pm CETflashread more
AutoSAP: 23,704 (passenger) electric vehicles produced in Czechia in February (+153%; 19,136 battery electric vehicles, +189.8%, 4,568 plug-in hybrids, +65.1%), of which 23,673 cars (+152.6%; Škoda: 15,794 BEVs, +337.6%, 2,391 PHEVs, +127.5%; Hyundai: 3,311 BEVs, +10.6%, 2,177 PHEVs, +26.9%) and 31 buses (SOR: 0 BEVs; Škoda Electric: 0 BEVs; Iveco: 31 BEVs)
March 31, 2025 | 08:46pm CETflashread more
Operating Sphere
Honda Motor improved estimation of profit and sales in this year, 2010 is unsure
November 30, 2009 | 03:20pm CEToriginalHonda’s operating profit went down by 56% in Q3 but exceeded analysts’ expectations. Honda and other Japanese carmakers will face competitors from…
read moreSkoda Auto to prolong December shut-down of Fabia and Roomster models production by one day
November 30, 2009 | 02:57pm CEToriginalThe carmaker will thus stop producing the models before Christmas—as early as December 18. Production of other models will end...
read moreInsurance companies in Czech Rep increased specified insurance premium by 2% in Q1-3
November 30, 2009 | 02:23pm CEToriginalRegarding non-life insurance, the growth was 0.7%. The growth in the number of valid contracts within the non-life insurance reached 2.7% and was caused…
read moreCar sales in US start showing signs of stabilization
November 30, 2009 | 01:44pm CEToriginalThe sales stagnated y/y in October, went up by 12% m/m. A marked growth was registered by Hyundai, Subaru and Porsche while a strong decline by Chrysler…
read moreAAA Auto got to profit along with downturn of revenues by 46.3% in Q1-3
November 27, 2009 | 03:55pm CEToriginalCar sales went down by 41.6% to 29,226 cars in Q1-3 due to shutting down foreign branches and the economic recession. The number of cars sold in Q3 declined by 36.2% to…
read moreHead of GM Europe: Future of Opel’s plant in Belgium uncertain
November 27, 2009 | 02:01pm CEToriginalIn the plant in Antwerp Opel produces model Astra. Within Opel’s restructuring, about 9,000 employees should leave; out of that in Germany…
read moremmotion09 began in Prague on Thursday, organizers expect over 20,000 visitors
November 27, 2009 | 12:28pm CEToriginalFor the first time in the Czech Republic Infinity, Bentley Continental Supersports and Ferrari California cars can be seen there but there will also be oldtimers and helicopters. The next year…
read moreToyota Motor to repair 4 million cars due to accelerator pedal in USA under pressure of authorities
November 27, 2009 | 01:48am CEToriginalThe event considers the best selling models Toyota Camry and Prius, as well as Toyota Avalon and Lexus ES350. For models produced since 2010...
read moreDaimler wants to increase its share in Kamaz to 25% from current 10%
November 26, 2009 | 05:34pm CEToriginalTroika Dialog holds a 44% share in Kamaz and is willing to sell a part. Both companies are now negotiating the price which could reach…
read moreElectric car producer Tesla Motors reportedly considers entering stock exchange
November 26, 2009 | 03:35pm CEToriginalThe carmaker would thus follow producer of lithium-ion cells A123 Systems. The interest in IPO begins waking up slowly…
read moreTata Motors increased net profit by 110% in Q3 along with growth of revenues by 13%
November 26, 2009 | 02:41pm CEToriginalThe data do not include its problematic division Jaguar Land Rover. The volume of sales went up by 17% in Q3. Regarding small car Nano, the carmaker have already delivered...
read moreBAIC could be interested in some Saab's assets
November 26, 2009 | 04:10am CEToriginalThe Chinese company, which was supposed to participate in taking over Saab by carmaker Koenigsegg, wants to strengthen its activities in…
read moreGeneral Motors reputed to cut 8,700 jobs in Opel only
November 26, 2009 | 12:56am CEToriginalThe head of GM Europe has talked of cutting 9,000 to 9,500 jobs so far. Opel has around 85 suppliers in the Czech Republic…
read moreScania’s operating profit down by 81.6% in Q3, less than expected by analysts though
November 25, 2009 | 06:32pm CEToriginalOrders for new cars were going up due to Western European market stabilizing and have exceeded the level of deliveries. In particular…
read morePorsche initiated advantageous service program for owners of more than seven-year old car in Czech Rep
November 25, 2009 | 06:19pm CEToriginalThose can avail of a care of brand Porsche Centers in Prague and Brno and they will also receive a 20% discount for spare parts and a lower hourly rate…
read moreAAA Auto prepared program of car fleet optimization for small and mid-sized companies
November 25, 2009 | 05:17pm CEToriginalIt offers them to buy out a car from leasing or credit, car fleet reduction and replacing cars with smaller ones. AAA Auto wants to increase sales to entrepreneurs…
read moreGerman called upon other countries not to help Opel
November 25, 2009 | 04:42pm CEToriginalThe German government did not consider helping the carmaker by itself originally. The separate states are reportedly offering Opel a help amounting to…
read moreBenteler to purchase automotive division from Norwegian group Hydro
November 24, 2009 | 11:46pm CEToriginalHydro Automotive Structures will join Benteler Automobiltechnik division. The transaction includes Hydro’s activities in the Czech Republic as well…
read moreGeneral Motors did not manage another sale, Koenigsegg lost interest in Saab
November 24, 2009 | 10:09pm CEToriginalGM will be discussing the fate of the Swedish division in a week. GM is reportedly not negotiating with other clients either. The carmaker Saab is threatened by a loss…
read moreErnst & Young: Return of sales to level before crisis does not have to mean improvement
November 24, 2009 | 08:49pm CEToriginalConsumers currently tend to buy smaller and cheaper models for which there are smaller margins during production and sale as well…
read moreCustoms administration in Hradec Kralove found fake spare parts for Skoda cars
November 24, 2009 | 07:07pm CEToriginalThe institution will be investigating origin of the forged bonnets, front masks and headlights. By monitoring the customs officers for forged goods found…
read moreCCS: Prices of driving fuels stagnated in Czech Rep and Slovakia last week
November 23, 2009 | 10:28pm CEToriginalPetrol Natural 95 became slightly cheaper; the price of diesel went up slightly. In the following days due to weakening of Czech koruna…
read moreCurrent prospective buyers of Nissan GT-R in Czech Rep to wait for it several months only
November 23, 2009 | 03:51pm CEToriginalExclusive distributor for Czech market Auto Palace Vysocany can now satisfy several customers with deliver time in Q1 2010, particularly...
read moreVolkswagen separated Internet presentation of cars from LCVs in Czech Rep
November 23, 2009 | 02:40pm CEToriginalThe aim is to make Volkswagen Commercial Vehicles more visible and at the same time to target advertising campaigns better. There are three new sections on both websites...
read moreFord wants to invest USD 2.26 billion in increasing production capacities in Brazil
November 23, 2009 | 01:52pm CEToriginalCar sales in Brazil should go up to a record volume this year. Local association of car dealers expects the sales to grow in 2010 as well by...
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