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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
Ideal Automotive to expand production in Czech Rep
April 4, 2014 | 12:17am CEToriginalLocation, new hall, developer, timing, HR, new products, 15 years of the company in the Czech Republic, three factories operated...
read moreVolvo chose new dealers in two cities in Czech Rep
April 4, 2014 | 12:01am CEToriginalThose will build showrooms by the new Volvo Retail Experience standards in two year’s time. Locations, companies and their profile...
read moreEqua Bank entered car financing in Czech Rep
April 3, 2014 | 11:51pm CEToriginalIt aims to attack the expensive loans in used car shops. Credit AutoPujcka on used cars, credit parameters and interests, savings, market research, promotion...
read moreDajbych became Jaguar dealer
April 3, 2014 | 11:34pm CEToriginalAt the same time, the company opened its second Land Rover dealership in the Czech Republic. Location of the showroom, services, including pick-up service and body repairs without painting...
read moreLukoil to open Zabka food stores at filling stations in Czech Rep
April 3, 2014 | 11:24pm CEToriginalExperience from Belgium and Poland, the concept of cooperation with Tesco, the first licensed shops, assortment and prices, Billa-Jet cooperation in Austria...
read moreArval gained new client of Wurth Group in Czech Rep
April 2, 2014 | 11:52pm CEToriginalProfile of the company, transition to operational lease, leaseback enforcement, fleet size, vehicle brands...
read moreChevrolet dealers in France sued GM for leaving Europe
April 2, 2014 | 12:41am CEToriginalThey do not like the conditions of termination of dealer agreements. Compensation for prior investments, a decline in value of companies and stocks cars...
read moreContinental recorded changes in marketing in Central Europe
April 2, 2014 | 12:32am CEToriginalIva Subrtova moved to another department, the new marketing manager for the Czech Republic and Slovakia is...
read moreHome Credit: Court to decide on correct calculation of APR
April 2, 2014 | 12:21am CEToriginalIn the event of failure, the company does not intend to claim potential damages to the state. However, Home Credit reportedly changed the method of calculating the APR two years ago...
read moreToyota Motor to reorganize distribution in Central Europe
April 1, 2014 | 12:03am CEToriginalAcquisition of the importer in Hungary, the new headquarters for Central Europe, narrowing of the national representations in the Czech Republic, Slovakia and Hungary, synergies, HR, timing...
read moreRoman Prorok became new client ombudsman at AAA Auto
March 31, 2014 | 11:40pm CEToriginalHe comes to the used car dealer from the state administration, while his predecessor Milan Smutny is heading for it...
read moreKia to have new PR Manager in Czech Rep
March 31, 2014 | 11:25pm CEToriginalIt will be a person with more than 10 years of experience in the automotive industry. Katerina Vokounova is leaving...
read moreOne manager to leave Slovak representation of Honda Motor after 16 years
March 31, 2014 | 12:55am CEToriginalThis personal change is related to a new distribution strategy and creation of the headquarters for Central Europe. Manager, position, timing...
read moreBMW X7: Carmaker to produce large SUV with three rows of seats
March 31, 2014 | 12:42am CEToriginalLocation, investment amount, timing, HR, SUV market by LMC Automotive, BMW X5 eDrive Plug-in Hybrid, BMW sales plan in 2014...
read moreSkoda Auto and unions concluded collective bargaining, contract wages in Czech Rep to rise by 2%
March 31, 2014 | 12:28am CEToriginalAgreement on wages for one year, real wage increase, a lump sum payment, a variable bonus for the results of 2013...
read moreGM to produce Buick cars in Europe, instead of Chevrolet cars
March 31, 2014 | 12:16am CEToriginalLocation, Opel departure from the Chinese market, the reasons, timing, investment of EUR 245 million in the production of the new model in Russelsheim...
read moreUnions: Skoda Auto proposes wage increases below inflation
March 27, 2014 | 10:53pm CEToriginalIf the unions do not agree with the carmaker by the end of March, they will announce a strike alert and take the attitude of passive resistance...
read moreUniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read more
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