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Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000 employees in Germany, Czechia, Bulgaria, China, USA, Sweden, India, Japan; customers, projects: Aston Martin, BMW, Mini, Rolls-Royce, BrightDrop, Chery, Hengchi, FAW, Ferrari, Ford, Lincoln, GAC, Geely, LEVC, Lotus, Smart, Volvo, General Motors, Buick, Cadillac, Chevrolet, GMC, Honda, Hyundai, Kia, Jaguar, Land Rover, Mazda, Mercedes-Benz, Mercedes-AMG, Mitsubishi, Nissan, Renault, SAIC, Sokon/Seres, SsangYong, Stellantis, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Lancia, Maserati, Opel, Peugeot, Vauxhall, Tesla, TOGG, Toyota, Volkswagen, Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda, DAF, Iveco, Mercedes-Benz Trucks, Freightliner, Volvo Trucks, Mack, Renault Trucks, VW Commercial Vehicles, MAN, Scania, Adient, ALPS, BCS, Benteler, Bosch, Brose, Brose Sitech, Delphi, Denso, Dura, Erae, Faurecia, Grammer, Hella, Kirchhoff, Karsit, KM&I, Lear, Magna, Magneti Marelli, Multimatic, Toyota Boshoku, U-Shin, Valeo, Visteon, Webasto) won large contract for BMW, to build second plant (65,000 sqm) in Ostrov near Karlovy Vary, Czechia in 2024-2025, creating 300-800 jobs. It will be 3rd factory (Nejdek, 1,500 employees; Ostrov, 600 employees, Witte Access Technology/Witte Paint Application, production of door handles for BMW G3x; clients, projects: BMW, Mercedes, Volkswagen, Audi, Škoda, Porsche, Volvo) and 5th facility (development center Pilsen, at ZČU; R&D office Prague, shared for IMA, Witte Automotive and Witte:Digital) in Czechia (2,200 employees). Simultaneously there will be reorganization, when company to move high-pitched projects from Nejdek to Ostrov, and spare parts center for entire Witte Automotive group to be created in Nejdek. In 2nd stage, Witte also plans to open development and innovation center in Accolade Ostrov South industrial zone (on 140,000 sqm land of Mahle Behr, which abandoned plan to build factory here), Hornák said
February 27, 2024 | 04:50pm CETflashread more
JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) up by 16% y/y to 3 million units in 2023 (2.01 million BEVs, +28%; 992,133 PHEVs, -3%), representing 23.5% share in total registrations (penetration, +0.4pp). Tesla Model Y (251,617 cars, +84%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (100,888, +11%), Volkswagen ID.4 (85,088, +26%), MG4 (72,212, +874%) and Škoda Enyaq (66,247, +34%). Ford Kuga (54,018, -7%) was best-selling plug-in hybrid (PHEV), followed by Volvo XC60 (43,155, +50%), Kia Sportage (27,229, +31%), Mercedes GLC (26,996, +66%) and Cupra Formentor (26,288, +16%). According to data for 27 markets (excluding Hungary), BEV registrations by fleet customers and businesses rose by 51%, compared to 4% rise for private buyers
February 27, 2024 | 04:44pm CETflashread more
SDA: New tractor registrations in Czechia down by 5.1% to 5,954 in 2023, representing second best result since 2008 (3,400) after record year 2022 (6,276). Market doubled over last 10-15 years. Vehicle fleet of Czech farmers increased by 6,853 units (+3.33%) to 212,945 in 2023, 50,950 tractors (+31.45%) added to Czech fields and farms over past 10 years
February 27, 2024 | 04:39pm CETflashread more
Interaction built paint shop (two preparation workplaces, two paint booths with complete air conditioning, mixing room from USI Italia) in newly built building of Škoda Auto development center in Mladá Boleslav, Czechia (Česana), where final modifications and painting of new car prototypes to take place
February 27, 2024 | 04:32pm CETflashread more
JATO Dynamics: Seven new Chinese car brands entered European market in 2023, joining 23 brands already available in 2022. Their sales grew by 79% to 321,918 new cars, representing record market share of 2.6% (+0.9pp, 2022: 1.7%). Only 8 of 30 Chinese brands available in Europe registered more than 1,000 units, MG accounted for 72% of total (231,818, +105%, 1.81% – ZS 90,415, +97%; MG4 72,212, +874%)
February 26, 2024 | 03:49pm CETflashread more
Component manufacturers
Inteva Products to move production to Czech Rep
September 22, 2015 | 11:52pm CEToriginalThe original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
read moreSchaeffler to enter stock exchange
September 21, 2015 | 10:58pm CEToriginalReasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
read moreJohnson Controls plans to lay off 3,000 people
September 21, 2015 | 01:25am CEToriginalReasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
read moreKostal wants to significantly increase production in Czech Rep by 2018
September 17, 2015 | 11:47pm CEToriginalContracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
read moreNexen Tire hires local managers in Central Europe
September 10, 2015 | 02:49am CEToriginalThis is related to the expansion of activities in manufacturing, distribution and sales. The company has been recently strengthened by managers from competitors and the state administration...
read moreContinental restored Czech rubber conference Gumference
September 7, 2015 | 11:48pm CEToriginalDate, place, program of Gumference 2015, co-organizers of the 3rd year, cooperation stock market, Taraxagum Dandelion Rubber, delegates...
read moreNexen Tire to begin construction of plant in Czech Rep soon
September 6, 2015 | 11:29pm CEToriginalEIA, zoning, building permit, production capacity, HR, employee training, R&D centre...
read moreModelarna Novak bought new equipment, expanded production possibilities
August 28, 2015 | 04:23am CEToriginalThe first five-axis CNC machining centre, second 3D arm for checking the accuracy of products, clients from automotive industry, results in 2014, HR...
read moreZdenek Fort went from carmaker to automotive supplier
August 25, 2015 | 11:53pm CEToriginalHowever, he will still operate in distribution. The company and its profile, Fort’s new position…
read moreUS investigates rupture of Takata airbag in Volkswagen vehicle
August 25, 2015 | 11:26pm CEToriginalThe incident took place in a new car, while millions of recalls concern vehicles older than 5 years. The affected model...
read moreJTEKT presented business and investment plan for Czech plant of Koyo Bearings until 2017
August 24, 2015 | 12:05am CEToriginalNew lines in Olomouc, planned investments and revenues, HR, products and clients, contract for Jaguar Land Rover...
read moreInteva Products wants to build new plant in Czech Rep
August 19, 2015 | 12:10am CEToriginalLocation, developer, reasons, size, HR, timing, products, clients mainly from Central Europe, contracts, R&D...
read moreSaint-Gobain Sekurit reorganizing and automating production in Europe
August 16, 2015 | 11:13pm CEToriginalExtending the Czech plant, timing, increasing demand for windscreens, HR, payroll, high profitability of production, clients...
read moreJaguar Land Rover agreed to manufacture cars in Austria
August 9, 2015 | 10:39pm CEToriginalLocation, produced models, including electric vehicles, production in six countries, investment and product expansion in the years 2015-2016...
read moreBorgers to expand production in Czech Rep
August 7, 2015 | 01:12am CEToriginalLocations, amount of investment, the new logistics area, HR, results in 2014, plans for the years 2015 and 2016, products, clients, R&D, 150th anniversary of the family company...
read moreDelphi to buy HellermannTyton
July 30, 2015 | 11:39pm CEToriginalOne reason is the competence in the field of cars connected to the Internet. Company profile, current owner, price, completion of the transaction...
read moreEuropean Commission approved incentives for Nexen Tire investment in Czech Rep
July 23, 2015 | 11:55pm CEToriginalThe amount of investments and aid, allocation of funds, parameters of the tire plant near Zatec, Czech subsidiary company and its head...
read moreMagna to buy gearbox manufacturer Getrag
July 17, 2015 | 02:20am CEToriginalThe value of the company, the price of the transaction, the business results in 2014, clients, growth of dual-clutch transmissions segment, sale of the Magna's interior division to Grupo Antolin...
read moreSeat stopped production in Spain
July 16, 2015 | 03:25am CEToriginalThis measure has also affected production of Audi cars in the country. A strike at a supplier, products, reasons, timing, production and sale of Seat cars in H1...
read moreTakata refused to create fund for victims of defective airbags
July 15, 2015 | 06:05pm CEToriginalAt least eight deaths and over 100 injuries are linked to the defective Takata airbags. A similar fund of GM, the latest recall of Japanese carmakers…
read moreInteva Products built two new plants
July 15, 2015 | 03:30am CEToriginalOne is located in Eastern Europe, one in Asia. Locations, products, HR, timing, moving one R&D centre, clients...
read morePothole Alert: Jaguar Land Rover developing system of detection and information share on potholes
July 12, 2015 | 11:13pm CEToriginalTest cars, the use of adaptive shock absorbers MagneRide, technology capabilities, a warning to other drivers and Road Administration, savings from the defects, damage and accidents...
read moreMagneti Marelli expanded car lighting plant in Russia
July 7, 2015 | 11:39pm CEToriginalLocation, new hall, the amount of investment, developer, problems, test operation, a shift from assembly to manufacturing, HR, local products and clients of Automotive Lighting...
read moreDenso wants to expand production in Czech Rep by 30% by 2020
July 3, 2015 | 12:08am CEToriginalNew investment, location, growth of automation, HR, recruiting abroad, a new contract from an existing client, the results in 2014 and plan for 2015...
read moreProgress-Werk Oberkirch to invest further EUR 15 million in Czech Rep
July 2, 2015 | 01:06am CEToriginalThe recent expansion of the plant in Valasske Mezirici, new press machines, HR, products, clients, production growth in the coming years, scholarship programs connected to practice in PWO...
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Source: ECB, March 28, 2024