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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
Operating Sphere+Region
Raiffeisen-Leasing appointed new car financing director in Czech Rep
August 5, 2015 | 11:35pm CEToriginalIt is a manager with over 10-year experience in leasing. His profile, predecessor, improvement of the cooperation with clients of the bank...
read moreSales of new cars and vans in Poland up by 15% in July
August 5, 2015 | 11:15pm CEToriginalAccording to Samar, Polish automotive market benefits from the strong economic growth. Comparison with June, the best-selling brand…
read moreSkoFIN made organizational and personnel changes in sales department
August 4, 2015 | 11:57pm CEToriginalThese affected the retail as well as fleet part and three executives of the leasing company of Volkswagen Group. Details...
read moreSDA: Registrations of new cars in Czech Rep up by 21% in July
August 4, 2015 | 11:43pm CEToriginalGrowth was driven by Skoda, Ford, BMW, Audi, Hyundai, Kia, VW or Mitsubishi. The accumulated results, data net of short-term registrations, development in commercial vehicles...
read moreOne Arval 2015-2017: Arval introduced new digital tools
August 4, 2015 | 11:31pm CEToriginalTelematics system Arval Active Link, leasing e-shop Arval Webstore, Arval Smart Experience (Connect, Analytics, Fleet View, Mobile+, Drive Challenge), price, timing...
read moreCar sales in Germany up by 7.4% in July
August 4, 2015 | 11:09pm CEToriginalDemand for various brands, sales of the most popular imported brand Skoda, the cumulative results, registrations in France, Italy and Spain...
read moreVolkswagen, Daimler and BMW to buy map service Nokia Here
August 3, 2015 | 11:50pm CEToriginalIndependence ensuring in the hands of three German carmakers, invited investor and mediator, price, completion of the transaction, the use for autonomous vehicles, competitors...
read moreCode of Ethics: Former Hyundai dealers in Czech Rep filed lawsuit on Vladimir Vosicky
August 3, 2015 | 11:28pm CEToriginalWhile the arbitral tribunal will deal with an action on Hyundai Motor Czech soon. Reasons, the new chairman of dealer association...
read moreVolkswagen apparently considering entry into Iranian market with Skoda and Seat brands
August 3, 2015 | 11:06pm CEToriginalPlans to resume production of PSA Peugeot Citroen, market development in recent years, outlook, comments of IHS Automotive and Germela...
read moreKubat: Scuderia Praha to double sales and return to profit in 2015
August 2, 2015 | 11:57pm CEToriginalResults in 2013-2014, limited editions, investment vehicles, Ferrari Classiche, a new Ferrari and Maserati showroom, HR, service pricing, replacement cars, new co-owners…
read moreIHS Automotive: Average age of cars in USA rose to record 11.5 years
August 2, 2015 | 11:49pm CEToriginalIt has been growing continuously since 2002. Stabilization, increase in car reliability, sales in recent years, the outlook for 2015...
read moreFiat Chrysler Automobiles asked for permission to put Ferrari shares on New York Stock Exchange
August 2, 2015 | 11:30pm CEToriginalTiming of the IPO, the current shareholder structure, Ferrari value according to FCA head, FCA investment plan and objectives by 2018...
read moreDelphi to buy HellermannTyton
July 30, 2015 | 11:39pm CEToriginalOne reason is the competence in the field of cars connected to the Internet. Company profile, current owner, price, completion of the transaction...
read moreACEA started publishing registrations of separate DS brand
July 30, 2015 | 11:21pm CEToriginalCzech entities (SDA, Medea Research) are planning the same step. DS Automobiles was oscillating with around 0.5% market share in Europe in H1. Detailed results…
read moreSkoda Auto increased profitability by 1 percentage point in H1
July 30, 2015 | 11:05pm CEToriginalThis with an increase in production, revenues and profit, and a drop in investments and material costs. Growth was driven by the Octavia, Rapid and Fabia. Sales in individual regions, details...
read moreFCA received record fine in USA and must buy some vehicles back from owners
July 30, 2015 | 10:41pm CEToriginalFailure during recall events, the fine, other ways of addressing the situation with defective cars, the audit of controls in recent years...
read moreGM to expand cooperation with SAIC, investing USD 5 billion
July 29, 2015 | 10:45pm CEToriginalDevelopment of a new range of small Chevrolet cars destined for emerging markets, timing, new investments in Brazil and India...
read moreHyundai fined over replacement parts in India
July 29, 2015 | 10:35pm CEToriginalCompetition was also disrupted by Mahindra Reva and Premier, which avoided the penalty. The amount of fine for Hyundai, part of a broader investigation...
read moreSDA: Demand for EVs, HEVs and CNG vehicles in Czech Rep multiplied in H1
July 29, 2015 | 10:18pm CEToriginalInterest in LPG vehicles increased by 'only' tens of percent. Results in June, leaders of alternative drive systems, Piaggio gas vehicles, Tesla electric cars...
read moreACEA: Sales of commercial vehicles in EU up by 12.9% in H1
July 28, 2015 | 11:31pm CEToriginalRegistrations of vans, trucks and buses increased. The data for June, the results in the individual countries including the Czech Republic and Slovakia, the decline in Slovenia...
read moreManturov: Russia to free more money to support domestic automotive industry
July 28, 2015 | 11:19pm CEToriginalThe volume of funds, allocation (scrap bonus, cheaper leases, interest rate subsidies on loans)...
read moreMedea Research: Sales of new cars in Czech Rep up by 23.7% in June
July 28, 2015 | 11:08pm CEToriginalGrowth was driven by the Skoda, Ford, Opel, VW, BMW, Nissan and Audi brands. Developments in vans, registrations, results in H1...
read moreOne plant of Skoda Auto in Czech Rep hit by explosion
July 28, 2015 | 12:28am CEToriginalIt happened on the first day of company holiday. One person was injured. Location, facility concerned, the circumstances of the incident...
read moreJaguar Land Rover to reportedly build East European plant in Poland
July 28, 2015 | 12:15am CEToriginalThe carmaker has not confirmed it. Offered locations in Slovakia and Poland, tough battle of incentives, alleged investment parameters...
read moreFCA recalls 1.4 million vehicles connected to Internet
July 27, 2015 | 11:51pm CEToriginalThe models concerned and years of manufacture, software update, fears of attack by hackers, turning off the car engine while driving remotely by cyber experts...
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