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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
JATO Dynamics: Sales of Chinese-owned car brands in Europe (28 countries) rose by 30% to 66,867 new cars (19,800 BEVs – Volvo 6,656 -30%, BYD 4,436 +94%, Polestar 2,405 +84%, MG 2,260 -67%, Xpeng 1,034 +259%, Leapmotor 900) in February, representing market share of 6.9% (+1.7 pp y/y). Registrations of Chinese brands increased by 82% to 40,643 vehicles, representing market share of 4.2% (+1.9 pp y/y)
March 31, 2025 | 08:40pm CETflashread more
SMMT: Vehicle production in UK down by 11.6% y/y to 82,178 in February, of which 73,814 cars (-7.6%) and 8,364 commercial vehicles (-35.9%; buses, coaches, vans, trucks, taxis). Manufacturing of battery electric vehicles (BEVs), plug-in hybrids (PHEVs) and hybrids (HEVs) down by 5.6% to 27,398 units, representing 37.1% share in total car production in country (February 2024: 36.3%)
March 31, 2025 | 08:35pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.2% m/m in February, by 0.4% y/y (new: -0.4%, +1.3%; used: -0.1%, -1.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.8%, +1.4%), spare parts and accessories (+0.6%, +1.6%), fuels and oils (+0.6%, -3.9%), maintenance and repairs / service works (+1.2%, +6.8%)
March 31, 2025 | 08:29pm CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 23.9% in February, penetration (share) down by 3.3 pp. Diesel market leaders include Volkswagen Group (102,600 in first two months), Mercedes-Benz (36,000), Stellantis (33,700), BMW (30,400), Ford (15,600), JLR/Jaguar Land Rover (8,300), Renault (6,700), Hyundai-Kia (6,400), Toyota (4,200)
March 31, 2025 | 08:25pm CETflashread more
AutoSAP: Car production in Czechia down by 7.8% y/y to 120,515 in February (Škoda+SEAT/Cupra -0.9%, Hyundai -18.3%, Toyota -19%). Buses (Iveco +16.8%, SOR -52.4%, Škoda Electric 0 units), motorcycles (Jawa -29.9%) successful differently. Slower pace of new passenger car production, correlated with decline in registrations in main European markets of Germany (-6.4%), France (-0.7%), Italy (-6.2%) or UK (-1%), is also reflected in February domestic production data, Petzl said. Electric car production increased by 152.6% to 23,673 BEVs and PHEVs, while internal combustion engine (ICE) car manufacturing decreased by 20.2% to 96,842 units
March 31, 2025 | 08:19pm CETflashread more
Automakers
Skoda Auto increased profitability by 1.4 percentage points in Q1
April 30, 2015 | 01:13am CEToriginalIt happened along with an increase in production, sales, revenues, profit and declining investments. Growth was driven by the Octavia and Rapid. Details, comment...
read morePeugeot Emotion Day 2015: Peugeot organizing test roadshow in Czech Rep
April 30, 2015 | 01:03am CEToriginalIt is going to visit 32 cities to test 15 cars within two months. Competitions, microsite, expected attendance...
read moreWolfram Motz promoted from Czech branch of MBtech to AKKA Technologies
April 28, 2015 | 11:44pm CEToriginalHe will be responsible for more countries including Czech Republic. The operating director of MBtech Bohemia was appointed...
read moreSDA: 46 HEVs and 35 EVs registered in Czech Rep in March
April 28, 2015 | 11:15pm CEToriginalA total of 429 vehicles powered by CNG and 155 cars by LPG were also added to the registry. Leaders of alternative drives...
read moreEvercore ISI: Most investors hope for profit and value growth of Volkswagen after Piech’s departure
April 28, 2015 | 03:25am CEToriginalDetails of their expectations (profitability, results abroad, acquisitions), the reaction of the stock market...
read moreHyundai: Czech dealers to adapt their showrooms according to new concept by 2017
April 28, 2015 | 03:09am CEToriginalThe plan for 2015, the upgrade of a demonstrational showroom in Prague, which serves also for professional purposes...
read moreFerdinand Piech resigned as Chairman of Volkswagen Supervisory Board
April 26, 2015 | 10:38pm CEToriginalHis wife Ursula is also leaving the Supervisory Board. Successor, the support of shareholders for Winterkorn...
read moreLinde Material Handling converts car fleet to CNG in Czech Rep
April 26, 2015 | 10:24pm CEToriginalIn Europe, the company is testing electric service vans. Brands and models, financing, savings, warehouse trucks with five types of propulsion, clients, production in three locations in the Czech Republic...
read moreSkoda Auto and unions concluded collective bargaining, tariff wages in Czech Rep to rise by 3.5%
April 23, 2015 | 11:30pm CEToriginalAgreement on wages for one year, bonuses for extra shifts, increasing contributions to pension savings, the promise of a single bonus...
read morePiech allegedly wants to remove Volkswagen CEO soon
April 23, 2015 | 11:15pm CEToriginalPiech denied this effort. The head of the carmaker’s works council and the major shareholder Lower Saxony reiterated support for Winterkorn. The upcoming general meeting of shareholders...
read moreKiekert to expand production in Czech Rep, taking 200 people
April 23, 2015 | 02:38am CEToriginalThe new hall, new production lines, products, capacity, production of test series, clients from Europe and America...
read moreAuto Palace concluded several new fleet contracts in Czech Rep
April 23, 2015 | 02:25am CEToriginalCompanies, number of vehicles, brands and models, cooperating leasing companies, HR, other clients...
read moreVolvo AB appointed new CEO
April 23, 2015 | 02:14am CEToriginalThe company chose a manager from a competitive truck and bus maker. The affected managers, timing, restructuring program, financial results in Q1...
read moreSkoda Auto to cease production of Roomster in Czech Rep one month earlier
April 21, 2015 | 11:56pm CEToriginalReasons, timing, commercial version Praktik, successor (sister model, production location, start of production and sales)...
read morePSA Peugeot Citroen increases production in Europe
April 21, 2015 | 11:38pm CEToriginalReasons, original and new production plan for the second third of 2015, the models concerned, HR, sales in 2014 and in Q1 2015...
read moreFormer Skoda showroom in Czech Rep on sale
April 21, 2015 | 02:24am CEToriginalLocation, owner, history of the property, sales and rental agent…
read moresAutoleasing slowly entering operating lease in Czech Rep
April 21, 2015 | 02:01am CEToriginalSo far, it has been providing operating leases to corporate clients of Ceska sporitelna only. Partner, business results, credit Puzzle with elements of operating lease…
read moreAutomotive CEE Day 2015: More carmakers and suppliers applied for contracting meeting in Poland
April 20, 2015 | 11:56pm CEToriginalThese are Volkswagen/Audi, DAF and Kirchhoff Automotive. The number of participants and appointments…
read moreKia Motors to expand engine production in Slovakia
April 19, 2015 | 11:47pm CEToriginalThe introduction of a third shift at the Zilina plant, timing, HR, supplies of engines for Hyundai...
read morePiech (Volkswagen): I am keeping myself at a distance from Winterkorn, main brand VW is not doing well
April 19, 2015 | 11:35pm CEToriginalMeeting of the Steering Committee of the Supervisory Board, possible changes in the Supervisory Board, speculation about the contract extension of Winterkorn and eventual successor...
read moreCar sales in EU up by 10.6% in March
April 17, 2015 | 12:04am CEToriginalThe market is growing 19 months in a row. Results in individual countries, registrations in Q1, sales of Skoda, return to more expensive cars, comment and production outlook of PwC for 2015...
read moreAnother manager to leave Czech representation of Hyundai Motor
April 16, 2015 | 11:56pm CEToriginalThe manager and his professional career, position, timing, successor...
read moreFutaba strengthens European sales team, focusing on non-Japanese carmakers
April 15, 2015 | 11:17pm CEToriginalThe share of Toyota Group on sales, plans, PowerEV, existing and new clients of the Czech plant, production, investments, HR, business results, strategy Vision 2020...
read moreCollective bargaining at Czech plants of Skoda Auto began to influence production
April 15, 2015 | 11:03pm CEToriginalCancellation of several shifts, employee participation in protest, the current union wage demand, outsourcing and flexible accounts, several-day-long strike threat, the next negotiation...
read more2015 Bratislava Motor Show: 21 exhibitors to present 29 car brands
April 15, 2015 | 10:43pm CEToriginalThe carmakers, distributors and dealers concerned, the return of Audi and BMW brands, more modest Exclusive Salon, testing of EVs, a delegation from Taiwan...
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