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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
CLFA: Leasing of movable assets down by 56% in Q1-3, a slight drop in other commodities
November 10, 2009 | 10:26pm CEToriginalThe share of operative leasing in the overall volume went up again in 2009 and that was to…
read moreNRC: Production of electric cars and electric energy for their drive is not ecological in US
November 10, 2009 | 07:38pm CEToriginalEnergy-intensive production is primarily the production of batteries. Operation and production of electric cars will still be more expensive compared to the petrol cars in the year…
read moreAAA Auto posted a profit for second quarter in sequence, net profit reached EUR 900,000 in Q3
November 10, 2009 | 07:26pm CEToriginalRevenues went down by 42% y/y, by 9.6% compared to Q2. The overall sales declined in Q3 but went up in Central Bohemia and Western Slovakia…
read moreGM Europe head Carl-Peter Forster quits
November 10, 2009 | 06:47pm CEToriginalForster belonged to supporters of Opel sale which GM decided to keep eventually. Forster will probably be replaced by…
read moreSkoda Auto initiated serial production of model Superb Combi in Kvasiny
November 10, 2009 | 06:27pm CEToriginalFirst ordered cars will be delivered to customers in late November. Regarding production of Superb Combi in China…
read moreExclusive passenger transport to Prague Airport to be provided by car rental Dvorak with BMW cars
November 10, 2009 | 05:55pm CEToriginalA limousine will pick passengers up in Prague and will deliver them to VIP Terminal and then directly to the airplane. BMW 7 Series cars will be expanded by…
read moreGeneral Motors: Car sales in China to grow by 10% per year even without government support
November 10, 2009 | 05:21pm CEToriginalThe US carmaker expects the market to grow by 10% this year and next year as well. According to GM, in 2010 there will be sold…
read moreSlovakia to provide further support for investment of carmaker Kia Motors
November 10, 2009 | 04:03pm CEToriginalThe support refers to automotive supplier Hyundai Mobis as well. The town of Zilina, where the plant is located, will use the financial resources for…
read moreFiat’s net profit dropped by 95% in Q3
November 10, 2009 | 03:09pm CEToriginalThe company's revenues fell by 16% to EUR 12 billion. Revenues of the automobile division itself declined by...
read moreRenault to grant financial support to Russian carmaker AvtoVAZ
November 10, 2009 | 02:01pm CEToriginalThe French carmaker will support restructuring of AvtoVAZ, which is now trying to avert bankruptcy, by an unspecified sum of money…
read moreGerman carmaker Daimler returned to net profit in Q3 after a loss in Q2
November 10, 2009 | 12:57pm CEToriginalHowever, the net profit dropped by nearly 75% y/y. According to Daimler, the worldwide demand for cars in 2009 will decline by only…
read moreToyota wants to open ecological retailers in Europe, current dealers to undergo audits
November 9, 2009 | 11:54pm CEToriginalThe main aim will be as high savings of energy, water and CO2 reduction as possible. Pilot projects have already started...
read morePrices of cars sold on Czech market slightly fell in October
November 9, 2009 | 11:40pm CEToriginalNew cars became cheaper by 0.1%, prices of used cars have stagnated. However, spare parts and service works went up...
read moreGeneral Meeting of AAA Auto Group removed Antonius Kemp from Board
November 9, 2009 | 11:30pm CEToriginalHis successor has not been decided yet. The reason for his appeal is...
read moreCCS: Fuel continue to become more expensive in Czech Rep for third week already, stagnating in Slovakia
November 9, 2009 | 11:22pm CEToriginalPetrol and diesel became more expensive at Czech filling stations by more than 30 hellers. Development during this week…
read moreDownturn in revenues of carmaker PSA slowed down in Q3 due to government incentives for sales
November 9, 2009 | 07:14pm CEToriginalPSA’s revenues declined by 7/7% y/y in Q3; the downturn made nearly 25% in Q2. However, the carmaker warned of a drop of market in…
read morePSA to increase production in Slovakia by more than 7% this year and thus to exceed original plan
November 9, 2009 | 06:15pm CEToriginalIn November an exchange in the position of manager of plant in Trnava will occur. Jean Mouro will leave to a different position in the group and will be replaced by…
read moreCarTec Group opened BMW showroom in Liberec, its second one in Czech Rep
November 9, 2009 | 03:48pm CEToriginalInvestment in the new car center reached more than CZK 60 million. Next year, the company will open another showroom in Liberec…
read moreSales of imported used cars in Slovakia down by 20% in Q1-3
November 9, 2009 | 02:56pm CEToriginalThe reason is scrap bonus which boosted up sales of new cars. In the future the ratio of sales of new and used cars is expected to…
read moreToyota Motor introduced Toyota and Lexus cars with electronic service book in Europe
November 9, 2009 | 01:50pm CEToriginalData about maintenance, accessories installation and kilometre count cannot be falsified and so safety and guarantee are increased during sales of used cars…
read moreCzech internet retailer Vivantis started selling tires
November 9, 2009 | 12:20pm CEToriginalIn e-shop VivaPneu.cz customers can find 16,000 items, also cast and steel naves. Regarding the field of logistics and warehouse stock, VivaPneu.cz cooperates with company…
read moreUniCredit Leasing prepared favoured car financing for liberal professions
November 7, 2009 | 12:26pm CEToriginalMembers of the professions do not pay a flat fee, they can choose to calculation with a lower instalment...
read moreHonda presents service action for CZK 99 in Czech Rep
November 7, 2009 | 11:25am CEToriginalAt the same time, the carmaker has prepared discounts for spare parts and accessories. The assistance service Honda Assistance is then possible to acquire for any car regardless its age…
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreGoodyear Dunlop Tyres expands number of partners for purchasing parts for franchising network Premio
November 5, 2009 | 09:10pm CEToriginalIn the future the company wants to introduce a section of tuning, which has already been established well in Germany, in the Czech Republic. The cooperation regarding a purchase of parts starts with…
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