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Auto Opat Group (Auto Opat, Auto Opat CZ, Servis Auto Opat, Autocentrum Legerova; Škoda and Kia dealer, Volkswagen, SEAT, Cupra and VW Commercial Vehicles service, Škoda Plus and Das WeltAuto used car shop in Prague, Czechia – Nupaky, Nové Město) expanded Nové Město branch (Škoda service) with Kia service
April 11, 2025 | 11:49am CETflashread more
ČSÚ: Car prices in Czechia up by 0.4% m/m in March, stagnated y/y (new: +0.4%, +1.8%; used: +0.5%, -1.1%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.2%, +0.4%), spare parts and accessories (-0.1%, +1.4%), fuels and oils (-3.2%, -8.5%), maintenance and repairs / service works (+0.7%, +6.6%)
April 11, 2025 | 11:44am CETflashread more
SDA: New car registrations in Czechia up by 19.3% in March, by 3.6% to 59,686 in Q1 (vans -13.2%, -24.9%; trucks -7.3%, -11.6%; buses +56.8%, +28.6%; motorcycles -0.04%, -14%; trailers+semitrailers +7.6%, -1.7%), individual fuel/power types successful differently (BEV: 1,395 +261.4%, 3,113 +138%; PHEV: 977 +87.5%, 2,175 +54.3%; LPG: 599 +24.8%, 1,446 +27%; petrol 14,929 +17%, 39,990 +1.1%; diesel 4,665 -1.7%, 12,960 -7.4%). Regarding internal combustion engine (ICE) cars (52,950 in Q1), 12,716 of them were HEVs (+16.7%)
April 11, 2025 | 11:38am CETflashread more
Automotive Functional Safety Week 2025: Automotive IQ (IQPC) to hold 15th conference on implementation of ISO 26262, SOTIF (safety of the intended functionality), ISO/PAS 8800 in development of vehicles with regard to current topics (especially artificial intelligence/AI) in Munich, Germany on April 28-30. Representatives of Volkswagen, Scania, Iveco, Lotus, VinFast, NXP Semiconductors, Renesas Electronics, Valeo, Schaeffler, TomTom, Bosch, Hella, BorgWarner, Continental, Horiba Mira, Ficosa, Magna Electronics, Infineon Technologies, Fraunhofer IESE to speak at event
April 9, 2025 | 12:58pm CETflashread more
CarGarantie: Average car repair costs rose by 9.3% to EUR 718 per claim in 2024, according to damages analysis of around 1 million warranty contracts for new and used vehicles. Electrical system and fuel system (including turbochargers) defects are most often, (internal combustion) engine repairs are most expensive. On contrary, electric drive, hybrid system and driving dynamics system are most reliable
April 9, 2025 | 12:54pm CETflashread more
Paul Zekhuis decided to leave AutoBinck Group (group of dozens of companies in mobility, energy sectors with 1,700 employees in 31 countries; 4 divisions: Mobinck, Leasing, Car Distribution, Ebinck) after 10 years, joining BD-Capital. Vincent Weijers appointed as new CEO, coming from Bol.com
April 9, 2025 | 12:42pm CETflashread more
SYMA (Systems of Management) 2025: Czech Society for Quality (ČSJ) to hold 27th conference on current trends not only in automotive industry (TISAX, VDA 6.8, artificial intelligence/AI, digital twin, ESG, ISO standards, NIS2) in Pilsen, Czechia on April 14-15. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Škoda Electric, Robert Bosch, DQS Slovakia, Munters, Unicorn, Next Generation Security Solutions (NGSS), Škoda JS, Technical University of Liberec (TUL) to speak at event
April 8, 2025 | 12:47pm CETflashread more
VDA: Car production in Germany up by 8% y/y and export by 8% in March, by 5% to 1.08 million and by 5% to 822,400 in Q1
April 8, 2025 | 12:40pm CETflashread more
AAA Auto (Aures Holdings) Barometr: 84,948 used cars sold in Czechia in March (+20% y/y, +27.2% m/m; BEV: 1.4% share, 1,190 vehicles) with average price of CZK 309,778 (EUR 12,320, +5.2% y/y, -1% m/m). Top 3 best-selling BEVs include Tesla Model 3 (14.9% share, 177 units), BMW i3 (8%, 95), Škoda Enyaq (6.7%, 80)
April 8, 2025 | 12:35pm CETflashread more
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 and 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
Usage in the company
UniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read moreStackmann: Seat to expand model range by compact SUV
March 27, 2014 | 01:27am CEToriginalDevelopment in Spain, timing, the probable location of production, entry of Seat to a new and growing segment...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreEC launched investigation of automotive exhausts manufacturers
March 25, 2014 | 10:58pm CEToriginalRaids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read moreUnions: Volkswagen offered shorter shifts and reduced wages to Slovak employees
March 23, 2014 | 11:50pm CEToriginalThe trade union refused that and threatened the company with a strike. Strike emergency, talks through an intermediary, the average salary in Volkswagen Slovakia in 2013...
read moreToyota to pay USD 1.2 billion for completion of investigation in USA
March 23, 2014 | 11:39pm CEToriginalThe carmaker has admitted providing U.S. clients with misleading information about the problems contributing to unintended acceleration of cars. The lawsuits...
read moreHyundai introduced several innovations in car sales in Czech Rep and Slovakia
March 20, 2014 | 11:36pm CEToriginalNew sites Hyundai.cz and Hyundai.sk, English version, the upgraded car configurator, tablets with the Showroom application for salespersons, supplier of IT solutions...
read moreSkoda Auto Vrchlabi trade unions to leave KOVO union
March 20, 2014 | 11:09pm CEToriginalThey are following a trade union in Mlada Boleslav. The situation in the carmaker’s third Czech factory, reduced membership fees, savings...
read moreVarroc to invest EUR 50 million in Czech Rep by 2016
March 19, 2014 | 11:48pm CEToriginalInvestment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
read moreGerman court dismissed complaint of investment funds against Porsche SE
March 19, 2014 | 11:27pm CEToriginalHowever, Porsche SE is facing other lawsuits in connection with the planned takeover of Volkswagen. Funds, required compensation...
read moreEC punished five companies for market cartel with automotive bearings
March 19, 2014 | 11:18pm CEToriginalOne company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
read moreHyundai Motor Group wants to expand production in Central Europe
March 19, 2014 | 03:06am CEToriginalThe automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
read moreVolkswagen to build new plant in Poland
March 18, 2014 | 11:38pm CEToriginalThe location, the amount of investment, the plant size, models produced, HR, timing, related personnel changes...
read moreCar sales in EU up by 8% in February
March 18, 2014 | 11:22pm CEToriginalThis is the sixth consecutive month of growth. Influences (warm winter, natural disasters), a decline in France, a significant growth of Skoda and Dacia brands, KPMG’s comment...
read moreJTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep
March 18, 2014 | 12:19am CEToriginalThe plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
read moreUniCredit to incorporate leasing companies into bank in Central Europe
March 17, 2014 | 10:46pm CEToriginalThis step was preceded by an integration of banking activities in the Czech Republic and Slovakia into one firm in 2013. The countries, details, timing, effects...
read morePSA to introduce third shift in Sochaux
March 17, 2014 | 10:35pm CEToriginalThe reason is the high initial demand for the new Peugeot 308 and the production start of the station wagon. Timing, HR, growth in production, orders, new engines...
read moreWinterkorn (Volkswagen): Skoda Auto to produce another model in Kvasiny
March 16, 2014 | 11:57pm CEToriginalAnnouncement of the new investment comes at a time when Skoda Auto is leading talks on a new collective agreement with the union. The alleged offer of the company after the 4th round of negotiations...
read moreBMW to move production of one model in Europe
March 16, 2014 | 11:42pm CEToriginalThe model, affected factories, timing, Strategy Number One, reduction of the number of platforms in the BMW Group, upcoming models...
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