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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
Changes
Skoda Auto's operating profit in 2014 increased by 56.6% with revenue growth of 13.9%
March 12, 2015 | 11:09pm CEToriginalGrowth was driven by the Rapid, Yeti and Octavia models, other models recorded a fall in production. Purchasing, car sales, production in China...
read moreDolansky: Kia increased sales to companies in Czech Rep in 2014 to more than 2,600 cars
March 12, 2015 | 10:56pm CEToriginalThe outlook for 2015, success in a tender of Czech Post, the postal fleet financing by traditional supplier Arval, cars painting on request...
read moreCar with Reason: Cebia and Essox launched program in Czech Rep for purchase of used car from individuals
March 12, 2015 | 01:07am CEToriginalWhile Essox provides funding, Cebia reviews the situation and history of the vehicle. Microsite, price of the services, advertising at Sauto.cz, an example of the loan...
read moreTrade unions in Skoda Auto Kvasiny got out of KOVO union
March 12, 2015 | 12:51am CEToriginalThey have thus followed union organizations in other Czech plants of the carmaker. Timing, union penetration, wishes to continue the cooperation...
read moreVolkswagen to move part of Tiguan production to America
March 12, 2015 | 12:41am CEToriginalThis will happen with the advent of the second generation, which will also receive the seven-seat version. Location, investment amount, timing, HR, planned production volume...
read moreRochling to expand one plant in Czech Rep
March 11, 2015 | 12:06am CEToriginalThe location, new halls and presses, purchase of land and its price, HR, timing, new orders, automotive products, clients...
read moreIveco Trucks appointed new marketing manager for Czech Rep and Slovakia
March 10, 2015 | 11:55pm CEToriginalThe position was assumed by a person with experience in competitive truck manufacturer. Details...
read moreGM plans to repurchase shares for USD 5 billion
March 10, 2015 | 11:30pm CEToriginalThe step is part of an agreement with a group of investors that should stave off a power struggle within the company’s management. Use of the cash, dividend increase...
read moreBMW Group to make personnel changes in Central Europe
March 9, 2015 | 11:56pm CEToriginalOne manager of the Czech branch of BMW and Mini will move to Slovakia, causing a shift of another manager. The tender for the vacant position of...
read moreAuto Palace won contract from one energy firm in Czech Rep
March 9, 2015 | 11:43pm CEToriginalSupplied cars (number, brand, model, engine, equipment), funding through operating lease, negotiations on the renewal of the sister company fleet...
read moreTomas Vanek left Toyota Motor
March 9, 2015 | 11:34pm CEToriginalHe held the position of PR manager in the Czech representation of the carmaker. His agenda will be covered both internally and externally...
read moreVahland: Skoda Auto to expand production in another plant in Czech Rep
March 8, 2015 | 11:46pm CEToriginalLocation, capacity increase, timing, prepared and considered models, plans with the new Superb, hybrid version, the situation in post-Soviet countries...
read morePSA Peugeot Citroen to produce new model in Slovakia
March 8, 2015 | 11:36pm CEToriginalBrand, model, investments in the development of the car and the Trnava plant, output of the factory in 2014, capacity utilization, negotiations on wages with unions...
read moreBMW to build new auto parts store, possibly in Czech Rep
March 6, 2015 | 01:30am CEToriginalThe carmaker has not managed to get the chosen land in Germany. Location of the planned logistics centre for supplying plants, HR, details...
read moreAllianz appointed new director of car insurance in Czech Rep
March 6, 2015 | 01:12am CEToriginalThe company has promoted its own manager, who teamed his career exclusively with Allianz and vehicle insurance. The successor to Pavel Proks is...
read moreDefend entered Poland with insurance division
March 5, 2015 | 02:22am CEToriginalIt happened through the acquisition of a majority share of the Polish insurer providing extended warranties for automobiles. Objectives of Defend Insurance Group in Central Europe...
read moreCaina-Andree: BMW to take on more than 8,000 employees in 2015
March 5, 2015 | 12:24am CEToriginalIt will thus follow up with the year 2014, when the carmaker also created several thousand jobs. Reasons, the situation in Germany...
read moreYamaha plans to renew car production
March 3, 2015 | 11:57pm CEToriginalThe Japanese motorcycle manufacturer also plans to build a factory in Europe. The location, amount of investment, models, drives, timing, selling markets...
read moreCSOB Leasing appointed new head of insurance division
March 3, 2015 | 11:51pm CEToriginalNew managing director of the subsidiary company 'CSOB Leasing Insurance Broker' is a manager with vast experience in automobile insurance in the Czech Republic. His predecessor, Jan Stary...
read moreBosch exchanged technical director in one plant in Czech Rep
March 3, 2015 | 11:44pm CEToriginalIt occurred within rotation. The affected managers, their former and new positions, job cuts in this factory...
read moreCar sales in Germany up by 7% in February
March 2, 2015 | 11:48pm CEToriginalThe results in the first two months, VDA outlook for 2015, production and export of German carmakers, registrations in France, Spain and Italy...
read moreDucati Financial Services: Volkswagen introduces branded financing of Ducati motorbikes
March 2, 2015 | 11:36pm CEToriginalThe first countries, the launch in the Czech Republic, products offered including insurance, a former partner of the Czech distributor of Ducati...
read moreBusiness Lease entered Romania through acquisition of local firm
March 2, 2015 | 01:19am CEToriginalIt is part of the expansion strategy in CEE. The leasing company and its profile, renaming, related personnel changes...
read moreKia chose original instrument to promote its new model in Czech Rep – dancing billboard
March 2, 2015 | 12:57am CEToriginalLocation, the affected model, its specifications and pricing, author and history of the advertising concept, business results and plans...
read moreCzech government going to support sale of green cars
February 27, 2015 | 02:54am CEToriginalSupport for state offices purchasing CNG and electric vehicles, financial resources, reduced excise tax on CNG after 2020...
read more
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