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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
Federal-Mogul bought one division from TRW, without most joint ventures
February 11, 2015 | 11:47pm CEToriginalDivision concerned, the difference between the original agreement and the completed transaction, activities in Europe...
read moreMaserati Full Service Leasing: Czech dealer started offering operating leases for businesses and consumers
February 11, 2015 | 11:38pm CEToriginalThe financial partner, the length of the lease, mileage limit, two versions according to services, affected models, prices, sales of Maserati in 2014...
read moreFormer top manager of GM became new CEO of Qoros
February 11, 2015 | 11:29pm CEToriginalHe also gained experience at Chrysler, SAIC and Coda. The manager concerned, his predecessor...
read moreSchaeffler wants to make Czech Rep leader in developing and manufacturing WMM module
February 10, 2015 | 11:54pm CEToriginalPreparation of a new plant, location, amount of investment, plot size, R&D, timing, HR, waiting for a change in legislation, products and clients...
read moreSaarGummi increases production in Czech Rep
February 10, 2015 | 11:44pm CEToriginalNew orders for the Czech plants for EUR 30 million, a new mixing shop, HR, strengthening R&D, products and clients...
read moreCzech government to allocate up to EUR 20 million for development of region round Skoda Auto plant in Kvasiny
February 9, 2015 | 11:11pm CEToriginalAllocation of the funds, the investments of carmaker and suppliers, HR, signing a memorandum of cooperation...
read moreVolvo to suspend production of trucks in Russia
February 8, 2015 | 11:47pm CEToriginalAt the same time, the company will reduce the number of employees at the Kaluga plant. Timing, validity of the measure, financial performance in Q4...
read moreVisteon sells another division and finally leaves Czech Rep
February 5, 2015 | 11:57pm CEToriginalClimate Division will belong to three South Korean companies – manufacturers and investors. Shares, value and completion of the transaction, Czech factories, HR...
read moreDaimler to be selecting new head of representation in Czech Rep after six months
February 5, 2015 | 11:47pm CEToriginalThe change also applies to the position of the head of Passenger Cars Division. Reasons, interim General Manager of Mercedes-Benz Czech Republic...
read moreAutoBinck strengthened marketing team in Czech Rep
February 5, 2015 | 11:38pm CEToriginalExternal communication of the group is newly led by two managers; one is in charge of wholesale and one retail. Details...
read moreKia appointed new head of marketing in Czech Rep
February 5, 2015 | 11:23pm CEToriginalThe new Marketing Manager of Kia Motors Czech came from Fiat, Martina Jiraskova left for a bank...
read moreRailway administrator to renew half of the fleet of vehicles in Czech Rep
February 3, 2015 | 11:53pm CEToriginalThe winner of the first tender and its profile, the offered price, another ongoing tender, the number of vehicles, fleet reductions in recent years...
read moreOne Audi dealer in Czech Rep changed owner
February 2, 2015 | 11:55pm CEToriginalIt was bought by a medium-sized multi-brand dealer with showrooms in several cities. Affected companies, locations, business results, renaming...
read moreFord Lease: Ford began offering operating leases for consumers in Czech Rep
February 2, 2015 | 12:13am CEToriginalThe financial partner, the length of the lease, two versions according to services, affected models, prices...
read moreCzech police to buy additional Hyundai cars
February 1, 2015 | 11:57pm CEToriginalThe carmaker succeeded in the tender, which is part of the project 'Strengthening the ability of action of the Police CR in dealing with emergencies' co-financed from EU funds. The affected models, the number of vehicles...
read moreKiekert appointed new plant manager in Czech Rep
February 1, 2015 | 11:37pm CEToriginalThe former and new director of the largest plant of the company in the world, revenue growth of the company and its Czech subsidiary, HR...
read moreSkoda Auto plans to outsource some indirect activities
January 30, 2015 | 12:07am CEToriginalMoving hundreds of employees to external firms, professions concerned, leaner management structure, implementation time of the High Performance Organization plan, reaction of unions...
read moreTatra Trucks agreed with unions on wage amendment to collective agreement
January 29, 2015 | 11:56pm CEToriginalThe increase in salaries in 2014 and 2015, increasing the importance of the variable component, annual bonuses, average wage, productivity growth, business results in 2014...
read moreKia wants to increase sales by 50% in Czech Rep by 2016
January 28, 2015 | 11:56pm CEToriginalThis goal has been set by the new president of Kia Motors Czech. The manager and his profile, his other plans, promotion of Tae Ho Lee within Europe...
read morePowerful: 20 partners in Europe developed two-cylinder, two-stroke turbocharged and supercharged diesel engine
January 28, 2015 | 11:47pm CEToriginalThe partners include Renault, Volkswagen, Fiat, Magneti Marelli, Delphi, and also one Czech entity. Details of the 0.7 litre engine...
read moreShin Heung Precision to expand in Europe, building third plant in Czech Rep
January 28, 2015 | 01:06am CEToriginalLocation, developer, size and capacity of the hall, timing, HR, clients of SHC, related investments of DAS Corporation...
read moreVlcek (Skoda): Sales of new cars in Czech Rep might stabilize above 200,000 in 5 years
January 28, 2015 | 12:24am CEToriginalThe outlook for 2015, results and plans of the Skoda brand, re-exports, structure of operators, Skoda Insurance, new models, staff enhancement, National Clean Mobility Action Plan...
read moreAutobond made personnel changes in top management
January 28, 2015 | 12:12am CEToriginalThese are related to both management and statutory bodies. The affected managers, timing...
read moreRenault Drive: Renault began offering operating leases for consumers in Czech Rep
January 27, 2015 | 12:31am CEToriginalThe financial partner, the lengths of the leases, the parameters of full-service leasing, affected models, pre-set cars, prices, business plan, the situation at Dacia...
read moreDozens of companies from Czech Rep supply components for new Skoda Fabia
January 27, 2015 | 12:10am CEToriginalThese are 3M, Benteler, Brano, Eftec, Grupo Antolin, HP Pelzer, JTEKT, Zizala, Koyo, Magna, Mubea, SaarGummi, TRW, or Witte...
read more
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