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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
Rubber prices in Asia climbed to record highs of over USD 3/kg
April 7, 2010 | 03:22am CEToriginalTherefore, the growth, which reached 20 % in 2009, keeps going. Tire manufacturers are now struggling for this commodity…
read moreCar sales in Germany dropped by 26.5% in March, by 23% in Q1
April 6, 2010 | 11:58pm CEToriginalThe decrease has been caused by the scrap bonus program termination. Throughout the 2010, the association VDIK foresees a drop in sales of...
read moreHyundai’s Czech unions gave company ultimatum until next week
April 6, 2010 | 11:50pm CEToriginalIf company management do not accede to their demands for wage increase, they shall pass the negoatiations on an agent...
read moreU.S. accused Toyota of concealing defects, proposed a record fine
April 6, 2010 | 11:34pm CEToriginalThe carmaker has reportedly known about the problems with gas pedals from September 2009 but launched steps to remove as late as January 2010. The fine and the expectations of analysts...
read moreCCS: Fuel in Czech Rep up by around 15 hellers last week
April 6, 2010 | 11:16pm CEToriginalNatural 95 is still holding its position over CZK 31/L, diesel is approaching the limit of CZK 30/L. In the m/m and y/y comparisons…
read moreNew brands in A. Charouz Motors’ portfolio caused sales changes in Prague
April 6, 2010 | 05:49am CEToriginalThe company will offer Jaguar and Land Rover brands in Pruhonice, while Cadillac, Corvette, Hummer, Spyker, Wiesmann and electric cars Micro-Vett in a new showroom in...
read moreKey Plastics expanding in Europe, buying certain plants of Paulman & Crone and Olho Group
April 6, 2010 | 05:15am CEToriginalThe U.S. company will take Olho-Technik plants over in Germany and the Czech Republic, which are in 2010 expecting a turnover of...
read moreGrammer won new contracts, to extend production by investment of EUR 12 million in Czech Rep
April 6, 2010 | 01:50am CEToriginalIt will be production for a truck manufacturers. Even though Grammer has recently ceased production in Horazdovice but now in Tachov...
read moreSkoda Auto reduced number of suppliers by 77 partners in 2009, production purchase down by 10.6%
April 6, 2010 | 01:41am CEToriginalThe share and supplies of companies in the Czech Republic, Germany, Western Europe, Central and Eastern Europe; growth in the number of suppliers from Russia, India and China...
read moreAndrej Barcak jr. left A. Charouz, Pavel Silha Kia in Slovakia
April 6, 2010 | 01:13am CEToriginalBoth have moved to the Czech and Slovak representation of Opel, where the change of the organizational structure has been thus completed. Details of changes and the existing career of managers...
read moreRehau keeps expanding production in Czech Rep, launched operating in new hall
April 6, 2010 | 12:58am CEToriginalSince 2007, several investment projects in the plant based in Moravska Trebova have meant an acquisition of hundreds of jobs. Orders from existing and new customers...
read moreAfter 10 years at SkoFIN Roman Vavron leaving to group branch in India
April 6, 2010 | 12:41am CEToriginalJan Kloud has been promoted to the position of marketing director at SkoFIN. As of May, Vavron will be at Volkswagen Finance PVT on a post of...
read moreGefco opened buffer stock in Czech Rep for car components supplies to French plants of PSA
April 6, 2010 | 12:25am CEToriginalIt collects parts from suppliers in the Czech Republic, Slovakia, Hungary and Poland. It is the third such a warehouse in Europe...
read moreCitroen C4 Picasso Image: Special model with features for increased comfort from CZK 429,900
April 6, 2010 | 12:09am CEToriginalThose interested in the basic equipment version X can pay extra CZK 30,000 for an automatic control of the air conditioning and Bluetooth/USB. The surcharge for C4 Grand Picasso amounts to...
read moreDaimler agreed on out-of-court settlement in bribery scandal in USA, investigation continues in Germany
April 5, 2010 | 11:54pm CEToriginalThe German carmaker will pay a fine amounting to double profit from the proven dirty business in the USA. Daimler’s and FBI’s measures...
read moreU.S. car sales rose by 24.3% in March, in Q1 up by 15.5%
April 5, 2010 | 11:34pm CEToriginalThe growth has been supported by incentives of the carmaker Toyota, to which competitors had to react. Other factors and sales of individual carmakers...
read moreGovernment wants to improve trade in used cars, prepares news for STKs and car transfers
April 2, 2010 | 01:16am CEToriginalThe used car dealer Auto Esa and the association SOVA also want to participate on the amendment. A certified warrant of attorney in car transfers, qualitative control of identifiers for STKs...
read moreDenny (AAA Auto): We want to maintain profitability in 2010, sales at last year's level and to open one to three car centres
April 2, 2010 | 12:37am CEToriginalReturn to Hungary and entry into Russia is not realistic this year. The considered new branches in the Czech Republic and Slovakia, and sales in Q1...
read moreUnions at Skoda Auto rejected another proposal for wage growth and increased one-time bonus
April 1, 2010 | 11:58pm CEToriginalThe existing collective agreement has been extended to April 12, 2010. Unions have already begun to prepare to take industrial action...
read moreKia Open Days/Spring Service Days: 10 favourable days at dealers with extended opening hours, including weekends
April 1, 2010 | 11:47pm CEToriginalAction models, discounts on stock cars, service inspections, discount on spare parts for models already not being produced...
read moreMore restrictive rules regulating fuel consumption and CO2 emissions to be valid in USA in 2012
April 1, 2010 | 11:39pm CEToriginalIt is thus the first regulation of car emissions at the federal level. New demands on the efficiency of cars...
read moreToyota Yaris Dream: Special model with extra equipment valued CZK 52,000 begins at CZK 229,900
April 1, 2010 | 11:27pm CEToriginalThe car can be bought on interest-free credit for a one year period, when the customer pays a monthly payment for insurance only...
read moreAssociation of towing services: New system with accident centre slows down liquidation of accidents on roads
April 1, 2010 | 11:10pm CEToriginalThe Czech Insurers' Bureau wants to extend it to highways. An accident centre of apparently has no basis in law...
read moreHonda to help owners of individually imported cars from USA by verifying if they are in recall action
April 1, 2010 | 11:00pm CEToriginalThat offer came with the latest corrective campaign concerning models Odyssey and Element produced in 2007 and 2008...
read moreFord to extend cooperation with Microsoft by jointly addressing electric cars’ recharging in households
April 1, 2010 | 05:00am CEToriginalThe application Microsoft Hohm for electricity consumption management, five electric cars by 2013, the first of them, Transit Connect Electric on the market from...
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