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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
Suzuki sold its stake in Volkswagen
September 28, 2015 | 10:49pm CEToriginalThis is part of the termination of the former partnership. The amount of the share, buyer, transaction value...
read moreMedea Research: Sales of new cars in Czech Rep up by 37.7% in August
September 28, 2015 | 10:41pm CEToriginalThe growth was driven by Skoda, VW, Ford, Hyundai, Opel, BMW, Renault, Nissan and Peugeot. Kia did not post good results. Developments in vans, registrations, results over the first eight months...
read moreDieselgate: Control over US division of Volkswagen Group to be allegedly taken over by Skoda Auto top manager
September 25, 2015 | 05:07am CEToriginalThe Supervisory Board of Volkswagen should also decide on further personnel changes in the group on Friday, including the Porsche and Audi brands...
read moreBWI Group began construction of plant in Czech Rep
September 25, 2015 | 01:57am CEToriginalLocation, developer, size, HR, products, timing, reasons for the investment of the Chinese company, clients of the premium segment, partner recruitment agency...
read moreDobrindt: Volkswagen circumvented emission tests in Europe, EC calls for investigation
September 25, 2015 | 01:28am CEToriginalCars with EA189 engines in the Czech Republic, testing of vehicles for other carmakers, impact of the Dieselgate on suppliers, expression of the think-tank Glopolis and companies Dekra and Roland Berger...
read moreICCT: Dieselgate is not problem of Volkswagen only, but also of BMW
September 24, 2015 | 10:31pm CEToriginalAccording to the organization, one BMW model exceeds the emission standard Euro 6 and produces more nitrogen oxide than the VW Passat with false software. Reaction of BMW...
read moreDieselgate: CEO of Volkswagen Martin Winterkorn resigned
September 24, 2015 | 12:58am CEToriginalPotential successors, the expansion of investigations to another engine, the Green Party accusation, shares growth after a two-day decline, the possible recall action in the Czech Republic, AutoSAP comment...
read moreOwners of Tukas Group to leave executive management of companies
September 24, 2015 | 12:38am CEToriginalThere has been the new CEO appointed, it is a manager with experience in leasing, insurance, and distribution of cars...
read moreGM agreed on fine and compensation for failure when recalling vehicles
September 24, 2015 | 12:29am CEToriginalThe numbers of injured and dead, the end of prosecution, the settlement of civil lawsuits, including the legal action of shareholders, the pending legal actions...
read moreSkoda also used EA189 diesel engines
September 23, 2015 | 12:15am CEToriginalIt does not offer them in EU anymore. The affected models, the attitude of the Czech Ministry of Transport, comments of AutoSAP and diagnostic company IHR-Technika...
read moreVolkswagen: Software for engine control installed in 11 million cars of several brands
September 22, 2015 | 11:44pm CEToriginalAttitudes and activities of individual countries and the EU, guidelines for dealers, the reaction of the stock markets, investors’ concerns, the impact on financial results...
read moreCzech Post cancelled contract that should have been won by Agrotec after winner resignation
September 21, 2015 | 10:49pm CEToriginalThe stated reasons, the size of the contract, connection with the prosecution of Agrotec, the expression of relevant subjects…
read moreFord Garant: Ford launches program for sales of approved used cars in Czech Rep
September 21, 2015 | 01:15am CEToriginalLocalization of the global concept, the parameters of cars, partner for the guarantee, guaranteed exchange, requirements for dealers, offer, website, sales plan...
read moreEPA: Volkswagen violates US Clean Air Act
September 21, 2015 | 01:07am CEToriginalAccusations of the US office, a recall, the models and years of production affected, threatening sanctions, the carmaker’s own investigation, the previous fine for Hyundai...
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 moreTesla Experience: Business Lease started to provide branded operating lease on Tesla EVs in Europe
September 17, 2015 | 11:39pm CEToriginalThe countries concerned, models and versions, costing, pick-up service, home charger included in instalments, the current fleet of Tesla cars, Blue Care strategy...
read moreSuzuki bought share that was owned by Volkswagen back
September 17, 2015 | 11:29pm CEToriginalPrice, Volkswagen’s investment rate of return over 5 years, the response to the stock exchange on announcement of the transaction...
read morePrague to renew part of municipal police fleet with Hyundai and Volkswagen vehicles
September 16, 2015 | 11:38pm CEToriginalSuppliers (carmaker, dealer), types and number of vehicles, prices, the condition of the current fleet, history…
read moreBWI Group to build another plant in Central Europe
September 15, 2015 | 11:57pm CEToriginalLocation, developer, HR, timing, products and clients of the Chinese company, profile of Czech subsidiary...
read moreACEA: Car sales in EU up by 9.5% in July, by 11.2% in August
September 15, 2015 | 11:49pm CEToriginalThe market has been growing for two years in a row. Results in individual countries, sales of carmakers, comments of PwC, KPMG and CSOB analysts, the impact of refugee crises in production...
read moreFirst Rolls-Royce dealership in Czech Rep to be opened in 2016
September 15, 2015 | 01:02am CEToriginalThis showroom will find a place in a hotel in Prague. Location of the showroom and service centre, the sales plan of the Czech dealer, the global sales, models...
read moreVolkswagen Financial Services to eventually rename its Czech branch
September 14, 2015 | 03:40am CEToriginalThe new name of SkoFIN, reasons, timing, the new sub-brands, related communication campaign, upgraded website...
read moreAutomakers cancel plans for layoffs in Brazil
September 14, 2015 | 03:02am CEToriginalReasons, the strike of Ford employees, car sales in 2015, the situation at Daimler and GM…
read moreSkoda needs to increase production of Octavia cars
September 10, 2015 | 09:33pm CEToriginalReasons, demand in 2015, the current waiting time, requirement of the carmaker for Saturday shifts at one plant, more options...
read moreCourt ordered Volkswagen to sell stake in Suzuki back
September 10, 2015 | 09:23pm CEToriginalAt the same time, however, the court acknowledged the right of Volkswagen to compensation because Suzuki violated the terms of the Partnership Agreement. The former and the current value of the shares...
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