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Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia) suspended its intention to continue expanding its branch network in Western Bohemia, expanded service facilities in Pilsen. Company plans to build Lexus dealership in České Budějovice and completely new premises for Toyota brand, as existing showroom in České Vrbné is approaching capacity
December 12, 2024 | 12:58pm CETflashread more
VDIK: German commercial vehicle market to grow by 8.4% to 390,000 units in 2024 (2023: 359,689), of which 300,000 under 6 tonnes (+13%, 266,589) and 90,000 over 6 tons (-3%, 92,800). New van, truck sales in Germany to fall by 5.1% at 370,000 in 2025. Manufacturers developed zero-emission electric and hydrogen trucks that can be ordered and delivered. And many customers are interested in them. Unfortunately, framework conditions for freight ZEVs currently do not meet many expectations. Although there is CO2 surcharge on truck toll, which puts zero-emission trucks in better position than those with internal combustion engines (ICEs), there is lack of planning certainty, for example when it comes to electricity prices, Labbé said. VDIK will continue to advocate for effective government support for purchase of climate-friendly commercial vehicles in future, for example by reinvesting part of revenue from truck toll in transformation of road freight transport. Charging and hydrogen refueling infrastructure for heavy-duty electric trucks is still in its infancy and its construction must now gain momentum very quickly so as not to hinder spread of zero-emission trucks, she added
December 12, 2024 | 12:49pm CETflashread more
Martin Hendrych left Proseat, joining Schneider Electric as Plant Manager in Písek, Czechia (manufacturer of industrial components with more than 500 employees). He replaced Bart Mach in position. Lukáš Berger appointed as new head of Proseat Mladá Boleslav factory (manufacturer of polyurethane foam parts for car seats with 330 employees; customers, projects: Audi Q4, BMW M5 Sedan G90, BMW X6 G6X, BMW X7 G7X, Škoda Fabia, Škoda SK336, Toyota Yaris, Volkswagen ID.Buzz, Mubea)
December 10, 2024 | 02:48pm CETflashread more
VDIK: New car sales in Germany to decrease by 0.9% to 2.82 million in 2024 (2023: 2.84 million), of which 32.5% to be registered by private individuals (916,000, -2%, 2023: 933,147), 32.4% by fleet customers (913,000, -7%, 976,698), 24% by automakers and dealers (678,000, +7%, 635,597), 11.1% by car rental and leasing companies (313,000, +5%, 299,167). This development reflects current uncertainty of private and corporate customers, caused by current economic and geopolitical situation, Schmidt mentioned
December 10, 2024 | 02:41pm CETflashread more
Coface CEE Top 500 Ranking 2024: Electronics, information and telecommunications industry (E/E, ICT; 60 largest firms, -1 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 4.4% to EUR 104-105 billion in 2023 (2022: EUR 100 billion), number of employees grew by 4% to 328,600. Largest companies in sector include LG Energy Solution Wroclaw (EUR 9.09 billion, -3%; 6,546 people, +7%), Samsung SDI Magyarország (EUR 6.04 billion, +48%; 3,344, +25%), Robert Bosch Elektronika (EUR 5.93 billion, +2%; 18,605, +7%), Harman Becker Kft (EUR 2.22 billion, -4%; 4,308, +9%), Continental Automotive Hungary (EUR 2.03 billion, +38%; 6,782, +6%), Bolt Technology (EUR 1.7 billion, +35%; 4,104, -1%), Vitesco Technologies Czech Republic (EUR 1.6 billion, +14%; 4,119, +5%), BYD Smart Device Hungary (EUR 1.24 billion, +65%; 183, +2%), SK Battery Manufacturing (EUR 1.18 billion, +267%; 1,185, +19%), Siemens s.r.o. (EUR 1.15 billion, +1%; 7,474, -1%), SK On Hungary (EUR 1.03 billion, +15%; 2,310, +81%), Bolt Operations (EUR 972 million, +16%; 780, +2%), DPD Polska (EUR 911 million, +1%; 4,545, +8%), Videoton Holding (EUR 811 million, +15%; 9,267, +1%), ABB Sp. z o.o. (EUR 756 million, -2%; 2,688, +68%), Hella Slovakia Lighting (EUR 712 million, +38%; 3,290, -0%), ABB s.r.o. (EUR 703 million, +32%; 3,000, +2%)
December 9, 2024 | 12:54pm CETflashread more
Office for Protection of Competition (ÚOHS) allowed AutoWallis Group (SsangYong distributor in Czechia, BMW dealer in Hradec Králové, Prague and Pardubice, Czechia, representative of more than 20 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) to acquire Milan Král Holding dealer group with 200 employees in České Budějovice, Czechia (Milan Král a.s. – Mercedes-Benz car, van, truck dealer, market share of 6%; ACR Auto – BMW, BMW Motorrad dealer, market share of 7%; MNC Auto – Ford car, van dealer, Opel service; MK Kar-Lak – body shop, paint shop; MK Správní společnost; sales of 1,300 new, 700 used vehicles per year; revenues of HUF 50 billion/EUR 111 million/CZK 2.8 billion in 2023) from founders (Milan Král, Iveta Králová)
December 9, 2024 | 12:42pm CETflashread more
VDIK: German car market to fall by 0.9% to 2.82 million units in 2024 (2023: 2.84 million), of which 380,000 BEVs (-28%), 190,000 PHEVs (+8%), 120,000 HEVs (+28%), 600,000 MHEVs (+5%), 1,015,000 petrol (+4%), 500,000 diesel (+3%) and 15,000 gas+other vehicles (+1%). In 2025, new car sales in Germany to reach 2.7-2.85 million (-4.3% to +1.1%) depending on development of framework conditions for electromobility, Labbé said
December 9, 2024 | 12:37pm CETflashread more
Component manufacturers
Autofox Helps: Peugeot SA (PSA) donated 400,000 masks to hospitals, emergency services, local authorities
November 26, 2020 | 11:19pm CETpublicDonation of medical equipment to hospitals in Italy, Spain and France, providing Free2Move, PSA, Peugeot and Opel vehicles to healthcare professionals, production of respirators and visors in 3D printing...
read moreAutofox Helps: Schaeffler donated EUR 1 million to Red Cross for fight against coronavirus
August 26, 2020 | 11:22pm CETpublicIt is a joint help of the company and family shareholders. Already in February, Schaeffler donated EUR 800,000 to Chinese first responder organizations and provided support for Red Cross activities in China...
read moreAutofox Helps: Toyota provided hospital with transport vehicle for seriously ill Covid-19 patients
May 31, 2020 | 11:51pm CETpublicName and location of the medical facility, ambulance model and developer/converter, joining 11 transport vehicles for mildly infected patients provided by the Toyota Group...
read moreAutofox Helps: Toyota Group engaged in production of medical face shields
May 10, 2020 | 11:25pm CETpublicThe automaker and group companies (Toyota Motor, Toyoda Gosei, Daihatsu Motor, Hino Motors, Toyota Industries, Toyota Auto Body) expands monthly production capacity to 40,000 units planning to reach 70,000 pieces. Affected plants in Japan...
read moreAutofox Helps: Air Liquide, Peugeot SA (PSA), Valeo, Schneider Electric to make 10,000 ventilators
April 29, 2020 | 12:55am CETpublicRequest from the French government, time horizon, working group composed of experts in purchasing and production, help from 100 partner companies, demands on components, dedicated facility in a carmaker's plant, involvement of volunteers from employees not only of a R&D center, PSA Reserve initiative...
read moreAutofox Helps: Toyota Group helps efforts on front lines of treatment and in limiting further spread of Covid-19/coronavirus
April 21, 2020 | 11:53pm CETpublicAt the same time, the automaker and group companies (Toyota Motor, Toyota Financial Services, Denso, Toyota Boshoku, Aisin Seiki, Daihatsu Motor, Hino Motors) will implement measures aimed at improving structure to drive future recovery. Examples of support activities in Japan, Europe, China, North America and Asia...
read moreLear signed Carmera as development partner in EXO Technology Partnership Program
April 21, 2020 | 11:45pm CETpublicDetails of the partnership program, initial development focused on testing EXO Global Navigation Satellite System (GNSS) correction technology alongside Carmera Autonomous Map...
read moreAutofox Helps: Ford works with 3M, GE, UAW to speed development, production of respirators, ventilators
April 7, 2020 | 11:48pm CETpublicPreparation of mass production of Powered Air-Purifying Respirators (PAPRs) at 3M plants, use of fans from the Ford F-150’s cooled seats, collaboration with GE Healthcare to expand production of simplified version of existing ventilator, production of plastic face shields in conjunction with UAW, 3D printing of disposable respirators for medical professionals...
read moreLear acquired Xevo, provider of connected car software and data-driven user experiences
April 7, 2020 | 11:42pm CETpublicCompletion of the transaction, financial advisor, key services Journeyware and Market, HR...
read moreLear Innovation Ventures (LIV) invested in Israeli venture capital fund managed by Maniv Mobility
March 11, 2020 | 03:32pm CETpublicManiv Mobility's portfolio and investing activities are focused on Israeli start-up companies in the connected, autonomous, ridesharing and mobility sectors, as well as on investments in the U.S. and other markets. Acquisition of EXO Technologies...
read moreToyota Research Institute-Advanced Development, Carmera to create HD maps for automated vehicles using camera data
February 10, 2020 | 11:44pm CETpublicFirst step towards realizing TRI-AD's open software platform concept known as Automated Mapping Platform (AMP), cameras in Toyota test vehicles to collect data over several months from areas of downtown Tokyo, cameras installed in the test vehicles using Toyota Safety Sense (TSS) components...
read moreJet 1 investment fund managed by Jet Investment sold Benet Automotive
February 10, 2020 | 10:57pm CETpublicBuyer and his profile, divestment after two years, acceleration of synergistic effects with Fiberpreg from the portfolio of Czech investment company, clients, sales in 2018, transaction and legal advisors...
read moreLear Innovation Ventures (LIV) Possibilities: Lear launched new division investing in early stage technologies throught partnerships with venture capital firms, accelerators, incubators
February 10, 2020 | 10:24pm CETpublicIt will also provide direct capital to start-ups and internal innovation projects. Head of division...
read moreZF, Foton opened joint plant in China
February 10, 2020 | 09:55pm CETpublicLocation, products, vehicle segment, extension of cooperation with subsidiary of BAIC Group lasting since 2016...
read moreRubicon Partners sold Ring Automotive to Osram
December 4, 2019 | 11:47pm CETpublicOsram intends to enter markets in Europe, USA and other regions with the Ring product portfolio. Turnover in 2018...
read moreZF to buy Wabco
July 8, 2019 | 12:28am CETpublicPrice, financial and legal advisors, closing the transaction...
read moreBrisk developed sensors for new Scania engine, launching series production in H2 2019
May 23, 2019 | 11:27pm CEToriginalDetails of the contract, a new hall in Tábor, business and financial results in 2017-2019, investments, other clients and orders, expansion of the portfolio in the Russian factory…
read moreMitsubishi Electric launched construction of integrated starter-generator (ISG) plant for mild hybrids in Czechia
May 20, 2019 | 09:47pm CETpublicLocation, hall size, investment amount, start of production, HR, environmental protection measures...
read moreDXC Technology won orders from Škoda Auto, BMW
March 27, 2019 | 11:35pm CEToriginalExpansion of cooperation with Volkswagen Group, other automotive projects, participation in the Startup Autobahn innovation platform, digital transformation, cyber security, Industry 4.0 in the Box solution, upcoming DXC Digital Experience Lab in Slovakia…
read moreHenniges Automotive wants to expand plant in Czechia
November 21, 2018 | 11:44pm CEToriginalLocation, new halls and production lines, HR, timing, amount of investment, products and clients, R&D center enlargement, suppliers…
read moreBroadcom demands Volkswagen to pay USD 1 billion in patent dispute
November 15, 2018 | 09:30pm CEToriginalAt the same time, the company is threatening to demand a court suspension of the production of several VW, Audi and Porsche models. An earlier lawsuit against Toyota and Panasonic...
read moreBöhm Plast-Technik changed ownership structure
September 11, 2018 | 07:06pm CEToriginalThe original and new shareholder structure, reasons, transaction advisor, products and clients, revenues in 2017, HR...
read moreBosch cut down number of process errors in DNOx production by half in České Budějovice, Czechia
September 6, 2018 | 06:15pm CEToriginalThe elimination of defective work is helped by the data analysis and the neural network in the plant. Current monthly production, clients, financial results in 2017…
read moreGumotex won big contract from Volkswagen Group
August 28, 2018 | 08:39pm CEToriginalProducts, volume, models, timing, investments in automation and robotics, integration of the company UP Závody, a new director of the Automotive Division...
read moreUnion of Czech plant of Automotive Lighting announced strike alert
May 9, 2018 | 11:02pm CEToriginalNegotiations on a new collective agreement, trade union requirements, mediator's request, average wage, alleged breaching of the current collective agreement...
read more
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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