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Ministry of Transport of Czech Republic to increase number of sections with Safe Distance traffic signs (IP 32, visual form modification from January 1) from 6 to 20 in 2024, despite increasing number of technologies and assistance systems/ADAS integrated in vehicles (adaptive cruise control/ACC, automatic emergency braking/AEB, 2-second distance warning, intelligent recuperation). Reason is effect of reminder advertising and targeting drivers who do not consider failure to maintain safe distance to be dangerous, Kupka explained
April 12, 2024 | 04:32pm CETflashread more
Toyota & Lexus Corporate Mobility Festival 2024: Toyota to hold test event for companies, entrepreneurs in Hradec Králové, Czechia on April 17-18 with presentation of complete portfolio of products, drives, services, activities (cars, 4x4, commercial vehicles, conversions, accessories, Toyota Motor Manufacturing Czech, Kinto One, Toyota Gazoo Racing Czech, Toyota GR, classic cars)
April 12, 2024 | 04:09pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.4% in March, up by 3.1% to 2.1 million in Q1 (VW +1.2%, +5.7%; Škoda +0.5%, +5.2%; SEAT+Cupra +8.9%, +10.6%; VW Commercial Vehicles +3.7%, +7.8%; Audi -9.7%, -4.5%; Bentley -17.8%, -28.7%; Lamborghini +8.3%, +0.3%; Porsche -9.8%, -3.9%; MAN -22.7%, -12.3%; VW Truck & Bus +15.5%, -5.1%; Scania -0.5%, +16.8%; Navistar -2%, -14.5%)
April 11, 2024 | 03:24pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in March, down by 2.2% y/y (new: +0.0%, +1.2%; used: +0.1%, -4.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+1.3%, -0.4%), spare parts and accessories (+0.1%, +5.2%), fuels and oils (+1.6%, +4.8%), service works (+0.9%, +8.4%)
April 11, 2024 | 03:11pm CETflashread more
PwC increased 2024 Czech new car registrations forecast from 200,000-220,000 units (-1% to -10%, 2023: 221,422) to 205,000-225,000 units (-7% to +2%). Demand for cars continues to be significantly affected by current relatively less favorable economic situation (weak economy, expensive financing), which, according to current forecasts, we expect gradual improvement during this year, especially with regard to development of inflation. Improving indicators to gradually improve purchasing power of companies and consumers as well as their mood and have positive effect on demand. So far, however, this influence on registrations is only cautious, Janeček said
April 9, 2024 | 05:44pm CETflashread more
Jakub Pončík, former Head of Powertrain Design, appointed as new Director of Research and Development at Tatra Trucks. Radomír Smolka, member of Board of Directors for R&D at Tatra Trucks and Director of Research and Development at Tatra Defense Vehicle, transferred operational management of department, focusing on strategic planning and decision-making
April 9, 2024 | 05:33pm CETflashread more
J.D. Power, GlobalData increased 2024 global new light-vehicle sales outlook by 200,000 cars, vans from 89.1 million (+3%) to 89.3 million (+3.2%). Large proportion of easy gains have now been achieved due to improved inventory levels enabling pent-up demand to be met. In addition, inflation and cost of living remain challenges facing consumers, while slowdown in economic growth is still on cards, even if recent data suggests that global outlook is improving, Oakley (GlobalData) said
April 8, 2024 | 12:40pm CETflashread more
SDA: New car registrations in Czechia down by 15.5%/3,462 units in March (companies and entrepreneurs: -3,188, consumers: -274), up by 2.2% to 57,605 in Q1 (vans +6.5%, +18.3%; trucks -20.7%, -16.8%; buses +238.5%, +127.7%; motorcycles -3.1%, +7.7%; trailers+semitrailers -9.4%, -6%)
April 8, 2024 | 12:32pm CETflashread more
SYMA (Systems of Management) 2024: Czech Society for Quality (ČSJ) to hold 26th conference on current trends not only in automotive industry (TISAX, Automotive Core Tools, VDA 6.3:2023, Reverse FMEA, artificial intelligence/AI, digitization of production, optical measurement, carbon duty/CBAM, ESG, HR) in Mladá Boleslav, Czechia on April 11-12. Representatives of Škoda Auto, Continental Automotive Czech Republic, ON Semiconductor Czech Republic (Onsemi), Robert Bosch, ČEZ, Slovnaft, Doosan Škoda Power, Yusen Logistic Czech, 24 Vision, Next Generation Security Solutions (NGSS), Twinzo (5.0 Technologies), DQS Slovakia, Specialist Service, Technical University of Liberec (TUL), Škoda Auto University (ŠAVŠ) to speak at event
April 5, 2024 | 09:57am CETflashread more
Component manufacturers
Tauber (Genesis Capital): New owner wants to support growth of Swell with other acquisitions
June 25, 2014 | 01:40am CEToriginalThe new owner of Czech R&D company and its profile, the new executives and their competencies, the most important clients...
read moreHyundai Mobis to allegedly invest EUR 90 million in Czech Rep
June 25, 2014 | 01:25am CEToriginalLocation, the second plant in the country, advantageous purchase of land, timing, HR, state subvention...
read moreJapanese carmakers recall million of cars due to faulty Takata airbags again
June 25, 2014 | 01:18am CEToriginalThis happens a year after a similar recall action. Brands and models, numbers of cars, locations, situation in the Czech Republic and Slovakia...
read moreNexen Tire to invest over EUR 800 million in Czech Rep
June 24, 2014 | 12:22am CEToriginalStart of the plant construction, production start, the gradual increase in tire production, the target capacity, HR...
read moreNissan and CEZ extend cooperation in development of e-mobility in Czech Rep
June 22, 2014 | 11:48pm CEToriginalThe carmaker will supply the energy company with fast charging stations from its European partner. Installation locations, timing, versatility of the stations, standards...
read moreLeasePlan Go: LeasePlan to focus on SME and sole traders with fleet to 10 cars
June 22, 2014 | 11:39pm CEToriginalThe first countries including the Czech Republic, specifications of operating lease, brands and models, prices, sales through the e-shop, microsite, competition, business plan, advertising campaign, client car rental...
read moreShelves with car parts fell in DHL warehouse in Czech Rep
June 22, 2014 | 11:16pm CEToriginalThe logistics company leased the hall from CTP. Location, no harm to health, the amount of material damage, alleged cause...
read moreLubomir Drasar and Pavel Krois sold Swell
June 17, 2014 | 12:18am CEToriginalThe new owner and his profile, the new headquarters, management changes, financial results in 2013, HR...
read moreCzech government approved investment agreement with Nexen Tire
June 16, 2014 | 11:51pm CEToriginalDate of signature, the amount of investment and government incentives, location, HR, R&D centre, possible arrival of Nexen's suppliers...
read moreHertz Lease appointed new Sales Director in Czech Rep
June 16, 2014 | 06:29am CEToriginalHe is a manager with 20 years of experience in the automotive industry, especially car sales...
read moreIdeal Automotive expands production capacities in Czech Rep
June 16, 2014 | 05:47am CEToriginalThe reason is the large amount of new orders from vehicle manufacturers. Rental of halls, locations, HR...
read moreHyundai Mobis plans to build another plant in Europe, probably in Czech Rep
June 12, 2014 | 04:07am CEToriginalConsidered locations, reasons, HR, timing, products, clients...
read moreDenso considers further investment in Czech Rep
June 11, 2014 | 02:01am CEToriginalLocation, details of the project, timing, growth of production, clients, HR, the result of collective bargaining at the plant in Liberec...
read moreCzech Car 2014: Skoda Rapid Spaceback most popular new car in Czech Rep
June 5, 2014 | 11:33pm CEToriginalAlso Volkswagen, BMW and Porsche succeeded in the second year of the survey. The number of votes, consumer testing, the new organizer, partners...
read moreNexen Tire took decision on location of its first factory in Europe, to be located in Czech Rep
May 30, 2014 | 12:58am CEToriginalLocation, investment amount, timing, capacity, clients, broad cooperation with Volkswagen Group...
read moreContinental Automotive launches new R&D centre in Czech Rep
May 29, 2014 | 03:15am CEToriginalLocation, developer, size, focus, amount of investment, offices, testing laboratory, HR...
read moreAGC Automotive expanded plant in Czech Rep
May 25, 2014 | 11:56pm CEToriginalThe location, amount of investment, size of the new hall, HR, contracts from Daimler for new Mercedes-Benz models, other clients, increase in production of automotive glass in Europe...
read moreJohnson Controls built new plant in Czech Rep
May 25, 2014 | 11:40pm CEToriginalLocation, products, production capacity, HR, synergies, start of the test and standard operation, solar panels on the roof of the factory…
read moreJohnson Controls and SAIC to join production of car interiors
May 21, 2014 | 02:05am CEToriginalProfile of the new joint venture, shares of the companies, corporate domicile, products, revenues, circumstances, activities devoted...
read moreSaint-Gobain Sekurit prepares new investment in Czech Rep
May 20, 2014 | 01:45am CEToriginalLocation, new halls for the production of automotive glass, capacity of the plan, timing, HR, clients...
read moreMubea wants to build new plant in Czech Rep
May 19, 2014 | 12:57am CEToriginalThe locations considered, plot size required, HR, timing, clients, company activities in the Czech Republic...
read moreNexen Tire to probably build its first European plant in Czech Rep
May 15, 2014 | 10:44pm CEToriginalOne region has already approved the sale of land to the company. Location, the amount of investments, HR, clients, preparation and project timing, statements of the state representatives...
read moreAGC Automotive received contract on hybrid model from Porsche
May 14, 2014 | 11:49pm CEToriginalProduction of two types of glass will be ensured by a factory in the Czech Republic. Model, volume of production, other clients, expansion of the Chuderice plant, HR...
read moreBrisk won contract for new range of engines from Volkswagen
May 13, 2014 | 12:59am CEToriginalProduct, R&D, success in the pre-audit, other products and clients…
read moreForez to expand production in Czech Rep and build R&D centre
May 4, 2014 | 11:21pm CEToriginalThe 10-year expansion plan, locations, new buildings, investment amount, HR, products and clients, the acquisition of two companies, the expansion in CEE...
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