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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
Invelt became exclusive dealer of Alpina in Czech Rep and entire Central Europe
September 13, 2010 | 12:44am CEToriginalHigher sales plans compared to the predecessor AuTec Group, the new models B3 S Bi-Turbo and B5 Bi-Turbo, prices compared to BMW and BMW M...
read moreFormer Opel and Chevrolet showroom in Svitavy sold after more than year
September 13, 2010 | 12:34am CEToriginalThe new owner of the sales and service complex of the bankrupt company Socar servis, former unsuccessful auctions, the estimated and selling price...
read moreVolkswagen sales rose by 11.2% in August, by 13.4% over eight months
September 13, 2010 | 12:26am CEToriginalGerman factories of Volkswagen are now operating at full capacity with overtimes. The results of individual brands, the growth of the Skoda brand, the outlook...
read moreRussian Volkswagen plant not managing to produce, Skoda’s market share in Russia declining
September 13, 2010 | 12:19am CEToriginalThe demand has not been met even by Skoda Auto factories in the Czech Republic. Due to the scrap bonus, the car sales in August increased in the y/y comparison, falling m/m by...
read moreHyundai introduced its first EV, based on smallest model i10
September 12, 2010 | 11:42pm CEToriginalParameters of the electric BlueOn, battery supplier, noise system VESS, launching of the test and mass production, sales plan...
read moreWinterkorn (Volkswagen): Skoda to become low-cost brand in order not to compete with VW brand
September 10, 2010 | 06:38am CEToriginalThe new generation Skoda Fabia will have a different technology from the VW Polo in 2014; the carmaker will empower in cheaper models, the Superb might end...
read moreRenault wants to expand own dealer network in Czech Rep
September 10, 2010 | 06:17am CEToriginalIt plans to add other premises to the present one in Prague 5. Results of Renault Retail Group in the Czech Republic and Europe in 2009, plans for 2010…
read moreMitsubishi and Peugeot possibly produce EVs for Europe in Spain
September 10, 2010 | 05:33am CEToriginalAn alleged start of production, production plans, the price of compact electric car, negotiations between Spain and Mitsubishi on building a factory producing batteries...
read moreDecrease in volume of leasing in Slovakia slowed down to 7.8% in H1 from 42.7% a year ago
September 10, 2010 | 05:11am CEToriginalThe leasing market was supported mainly by entrepreneurs and revived by the financing of commercial vehicles. Consumer financing, major players...
read moreQuarterly profit of truck manufacturer Navistar exceeded expectations, revenues fell behind estimates
September 10, 2010 | 12:53am CEToriginalThe outlook for the full financial year, postponement of some supplies for 2011, the partnership with the Czech company Tatra...
read moreSales of new cars in Slovakia fell by 20% in August, by 33% over eight months
September 9, 2010 | 12:57am CEToriginalThe decline is caused by the scrap bonus program in 2009. Sales of trucks keep growing while the buses are falling...
read moreSuzuki Motor to build its fourth production plant in India, though third not finished yet
September 9, 2010 | 12:30am CEToriginalProduction launching and capacities of the third and fourth plant, the estimated production capacity, a plan of the global production in 2010...
read moreToyota Financial Services added new applications for customers and dealers on its website for funding in Czech Rep
September 9, 2010 | 12:12am CEToriginalThese allow negotiating lease or loan contracts and insurance for new cars online. For used cars...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia continued in cheapening last week
September 8, 2010 | 11:50pm CEToriginalPetrol at Czech stations discounted on average by 17 hellers, diesel by 10 hellers. Analysts’ outlook for this week...
read moreGM preparing four new engines, plant in Hungary may get production
September 8, 2010 | 03:04am CEToriginalIf the GM Powertrain plant in Szentgotthard got the contract, it would double its production capacity and recruit up to 800 people...
read moreSkoda Auto registers growth in orders, recruiting hundreds of workers in September
September 8, 2010 | 02:50am CEToriginalThese will be added to 1,000 already adopted in August. The carmaker will accept even the workers leaving the Czech plant of Delphi...
read moreKia Motors to recall over 100,000 Soul and Sorento cars worldwide
September 8, 2010 | 02:36am CEToriginalIn response to this the carmaker’s head, Jeong Sung Eun has resigned. Details of the problem, the production series, a number of affected vehicles in the Czech Republic...
read moreClients of Direct Pojistovna with car to be depreciated after recent calamities can take advantage of favorable comprehensive insurance for 1 year
September 7, 2010 | 04:11am CEToriginalThe insurance for CZK 1 for clients affected by floods, 3 months free insurance for hail...
read moreOstrava Transport to separate production of trams and trolleybuses from public transport
September 7, 2010 | 04:03am CEToriginalThe reason is a legal obligation and improvement of business management. The city considered the end of the production as well...
read moreComett Plus bought three low-floor buses Irisbus Citelis powered by CNG
September 7, 2010 | 12:48am CEToriginalIt will put them in Tabor from November, particularly in the city center and the periphery. Price of the buses, subsidies from the EU, information LCD panels in the vehicles...
read moreFord Motor expand management in Czech Rep, separating sales and marketing
September 6, 2010 | 12:57am CEToriginalThe importer is thus returning back to the original structure after several years. It has solved all changes by promoting of its own employees...
read moreKia Motors recalls 56,000 Soul and Sorento cars to repairs because of faulty wiring
September 6, 2010 | 12:51am CEToriginalIt may cause fire of the vehicle, but the carmaker has not been registering any injuries so far. Affected markets and the number of cars...
read moreNissan continues in management strengthening in Czech Rep, having created two new positions
September 6, 2010 | 12:33am CEToriginalThe importer wants to concentrate more on development of dealer network and marketing. New managers, Jan Cervinka and Tomasz Nastaj...
read morePininfarina to expand in Russia, aims to produce all-new models of Lada Niva and ZIL
September 3, 2010 | 04:13am CEToriginalSimultaneously, Pininfarina wants to buy the Niva brand from GM. Negotiations with the carmaker AvtoVAZ, investments in new models...
read moreBohdan Wojnar to move from Slovak plant to Skoda Auto within Volkswagen Group
September 3, 2010 | 03:56am CEToriginalAs a board member for HR he will replace Klaus Dierkes in the Czech carmaker, who goes to China...
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