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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
China did not allow Sichuan Tengzhong to buy carmaker Hummer, GM to terminate its activities
February 26, 2010 | 02:27am CEToriginalHowever, GM has promised continued warranty validity for the Hummer vehicles and the availability of spare parts...
read moreDomansky extended portfolio of offered brands, opening Volkswagen showroom in Zdiby
February 26, 2010 | 02:14am CEToriginalIt is a first subcontractor’s activity of the company. Volkswagen became the fourth brand in the portfolio, replacing...
read moreJapanese carmakers Suzuki, Nissan and Daihatsu recall over 550,000 cars for possible defects
February 25, 2010 | 11:22pm CEToriginalThe control action primarily applies to the Japanese market. However, Nissan will convene 2,281 cars abroad due to possibly defective engines...
read moreFBI conducted raids in three Japanese automotive suppliers, Toyota having share in two of them
February 25, 2010 | 11:02pm CEToriginalThe reason is possible cartel behaviour; the investigation is being coordinated with the European regulatory authorities. It is a company Denso, Tokai Rika and Yazaki...
read moreFort (Hyundai): We aim to move one brand forward every year and to become leader among Czech importers in 2012
February 24, 2010 | 10:14pm CEToriginalIn 2010, Hyundai plans to increase sales by a third and market share by 2 percentage points. This year, the entire Czech market should fall by...
read moreSpyker Cars completed purchase of Saab from General Motors
February 24, 2010 | 09:39pm CEToriginalAt the same time Saab applied to end liquidation process. Saab and Spyker will operate under the parent company Spyker Cars NV. For shareholders in Spyker this means…
read moreHyundai to recall 47,300 of Sonata new generation to repair
February 24, 2010 | 09:15pm CEToriginalThe model is still produced and sold only in Korea and the USA. The reason are problems with the door lock. In individual markets...
read moreCSOB Leasing concluded 600 contracts on short financial leasing for CZK 450 million so far
February 24, 2010 | 09:06pm CEToriginalThe company has reached this objective over seven months. However, the government exception is about to expire…
read moreData of Opel losses in Germany reportedly reduce state aid’s expectations
February 24, 2010 | 08:42pm CEToriginalGerman activities of Opel were loss-making in 2007 and 2008, and therefore, the company might not have to meet the criteria for state aid...
read moreHyundai in Europe: Four new models in 2010, even six in 2011
February 24, 2010 | 01:21am CEToriginalThis year, it will be after ix35 a Santa Fe facelift, a car of the B-MPV segment and Genesis Coupe. Next year, the new Elantra, Matrix and Sonata, which will get an estate version...
read moreSkoda Fabia and Roomster facelift: Production and sale from April, orders to begin in March
February 24, 2010 | 12:34am CEToriginalThe 1.2 TSI engine from Mlada Boleslav was added to the well-established petrol engines; regarding diesel engines, the pump-nozzle system has been replaced by common rail...
read moreU.S. prosecutor’s office launched criminal investigation of Toyota
February 23, 2010 | 11:44pm CEToriginalThe U.S Securities and Exchange Commission (SEC) is also investigating what information the company provided to investors...
read moreRenault Laguna: Discount of up to CZK 120,000 and extended warranty for 5 years witn funding
February 23, 2010 | 11:19pm CEToriginalDiscounts up to CZK 50,000, extended warranty free or financing with 0% interest can be still acquired for other Renault and Dacia models. Laguna is now starting at...
read moreNissan Finance: Micra and Note with discount of up to CZK 27,000 and financing with 0% interest
February 23, 2010 | 10:47pm CEToriginalLease or loan with 0% increase is also available for the 370Z sports model. This special offer has pushed the prices of models to...
read moreHyundai to start third model’s production in Nosovice few months earlier, in autumn 2010
February 23, 2010 | 04:10am CEToriginalHyundai Motor Manufacturing Czech has been stating 2011 so far. The date of production’s start as well as the name of the model...
read moreGenerali included coverage of animal crash risk to damage liability
February 23, 2010 | 03:57am CEToriginalThat kind of coverage has been the prerogative of accident insurance so far. The insurance company will offer the animal crash in a new variant Komplet...
read moreToyota to suspend car production in France and Britain
February 23, 2010 | 03:40am CEToriginalThe carmaker tries to limit the adverse effects of the decrease in sales which it expects in connection with extensive corrective actions. Dates of the downtime...
read moreSkoda Auto to supply 2,000 Octavia cars to Iraq for local taxi services
February 23, 2010 | 03:22am CEToriginalSkoda may import cars into the country duty-free thanks to the support of the Iraq regional government in Kurdistan. The contract’s value...
read moreInsurance company Direct started providing handbag insurance to car insurance for free
February 23, 2010 | 03:08am CEToriginalThe handbag’s insurance applies to situations that happen to women in the car. Limit of indemnity, participation, territorial force...
read moreHyundai ix35: Carmaker’s first model with 3x5 guarantee program in Europe
February 23, 2010 | 02:51am CEToriginalThe car comes into the Czech market with two engines; three more will be added in the autumn with start-stop system. Prices, gearboxes, 5 Years Triple Care program...
read moreToyota reportedly scamped solution to problems with safety of their cars
February 23, 2010 | 02:38am CEToriginalBy a cheap solution to security issues the carmaker saved more than USD 100 million. The first complaints of drivers had already appeared in 2003...
read moreCCS: Fuel a little cheaper in Czech Rep last week, only diesel cheaper in Slovakia
February 23, 2010 | 01:54am CEToriginalPetrol Natural 95 became cheaper at Czech petrol stations on average by 9 hellers, diesel by 6 hellers. This week, analysts expect...
read moreMVC Automotive Group expands in Europe, to build multi-brand sales and service complex in Czech Rep
February 22, 2010 | 04:16am CEToriginalConstruction of the car centre will begin in 2010, opening is planned for 2011. The site, offered car brands, sales plans...
read moreSkoda Auto expects car production decrease in Mlada Boleslav in 2010, but growth in Kvasiny
February 22, 2010 | 03:54am CEToriginalCurrent and planned production of individual models; Fabia Scout hatchback, Fabia RS, Roomster facelift, Octavia Tour...
read moreHouse of England plans to extend portfolio of British brands offered
February 22, 2010 | 03:31am CEToriginalNow the company offers eight brands and is negotiating on two others. At the same time, the company seeks to obtain authorized service of two brands...
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