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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
Analysts: AAA Auto revenues fell by 56% in 2009 at car sales drop by 42%
March 29, 2010 | 12:51am CEToriginalThe company probably returned to profitability last year. In 18 years of its existence, AAA Auto sold 500,000 used cars...
read moreFiat wants to raise stake in Chrysler to 35% from 20% in two years
March 29, 2010 | 12:33am CEToriginalChrysler will start producing small efficient cars in 2010. Within five year, the Fiat 500 will be followed by...
read moreVolkswagen Slovakia to start producing in three shifts on Monday
March 28, 2010 | 11:58pm CEToriginalThere is currently the manufacture of Volkswagen Touareg and Porsche Cayenne second generation under way. The third shift will be provided by staff...
read moreGeely signed contract for purchase of Volvo Car with Ford Motor
March 28, 2010 | 11:42pm CEToriginalGeely have allegedly secured funding for the acquisition and operation; the brand will continue to operate separately. The planned Volvo factory in China...
read moreMitsubishi wants to make 9,000 i-MiEV electric cars this year and further increase production
March 28, 2010 | 11:35pm CEToriginalEstimated production in 2011 and 2012, present sales, market entry in the U.S., the expected decrease in prices of the electric car...
read morePrague used car dealer Auto Esa recorded higher interest from customers even in other regions
March 28, 2010 | 11:29pm CEToriginalThe demand from Western and Eastern Bohemia has risen most noticeably in January and February. It is caused by a shift of car business to the Internet and...
read moreTatra to move to full production from April again, to engage most of formerly redundant employees
March 28, 2010 | 11:15pm CEToriginalShareholders of the company decided to pledge company to credit banks, which demanded greater guarantees...
read moreVolkswagen so far managed to provide finance for new acquisitions to become world's largest carmaker
March 28, 2010 | 10:57pm CEToriginalThe current cash of the company, the value of planned acquisitions, raising capital by issue of new shares...
read moreToyota Motor plans production shutdown in Europe in April, May and June
March 28, 2010 | 10:48pm CEToriginalThe carmaker has been forced to do so due to weak demand caused by the scandal with car problems. The shutdowns are related to plants in France and Britain...
read moreSaab has resumed production in Sweden after seven weeks
March 28, 2010 | 10:38pm CEToriginalAt the same time, the carmaker started producing all-new 9-5 Sedan. Other models produced in Sweden and Mexico...
read moreTPCA not yet agreed with trade unions on new collective agreement
March 26, 2010 | 02:35am CEToriginalThe existing one expires at the end of March. Details of the negotiations and the expected number of employees and their wages in 2010...
read moreSkoda Auto still proposes wage growth in two phases
March 26, 2010 | 02:23am CEToriginalUnions want a one-time increase, a higher bid or the inflation clause. The carmaker argues due to low profit in 2009 and the need for new investments...
read moreFinancial Times, Nikkei: Daimler is close to agreement on partnership with Renault, but also with Nissan
March 26, 2010 | 01:49am CEToriginalThis will include the exchange of minority shares. Scope of cooperation, the amount of shares, the expected publication of cooperation...
read moreTriglav to offer its clients accident insurance for CZK 490/year from April
March 26, 2010 | 01:29am CEToriginalThe offer applies not only to clients having car insurance. The accident insurance covers only permanent implications. Validity of the action...
read moreHonda holds spring service action with series of discounts on parts, accessories and services in Czech Rep
March 25, 2010 | 11:20pm CEToriginalThe inspection after the winter costs CZK 99. Honda Assistance helpdesk is now for a special price CZK 99 for four months (summer)...
read moreNikkei: Toyota Motor wants to reduce production costs by EUR 800 million by 2012
March 25, 2010 | 10:51pm CEToriginalThe carmaker wants to achieve the aim by strengthening the use of the same components in various models. The carmaker plans reorganization of production in Japan...
read moreAAA Auto: People drive to car centres to sell their car less, they use mobile buyout more
March 25, 2010 | 10:38pm CEToriginalIn the Czech Republic the company bought out 4,802 right at customers’ homes last years, over 3,000 cars in the surroundings of Prague. The average price of a purchased car…
read moreBMW shifts to high-strength materials that are not welded but riveted and glued
March 25, 2010 | 01:44am CEToriginalNew demands on equipment of repairers, start of production of BMW 5 Series Touring, investment of the dealer Renocar in Brno into a new plumber shop, Audi’s shift to aluminium...
read moreFiat to possibly dismiss 5,000 people in Italian plants, to reduce number of models from 12 to 8 and increase production in Italy by 50%
March 25, 2010 | 12:58am CEToriginalThe situation in individual plants Termini Imerese in Sicily, Cassino, Mirafori in Turin and Pomigliano; department of the automobile division...
read morePeugeot: By getting through spring service inspection customer receives year-round 20% discount on regular car maintenance
March 25, 2010 | 12:37am CEToriginalAdditional discounts on original equipment, change of oil, tires, price of the inspection...
read moreTPCA increased revenues by 5.8% along with output growth by 2.5% in 2009, profits stagnated
March 24, 2010 | 11:50pm CEToriginalLast year, wages rose slightly as well as the number of employees. Scrap bonuses shuffled the order of the largest export markets. Development in 2010...
read moreSAIC to manufacture Roewe 350 cars in Britain
March 24, 2010 | 11:39pm CEToriginalThe production will take place in a factory of the bankrupt company MG Rover in Longbridge. In Europe, the model will be offered through...
read moreSpyker: Saab negotiating technology sharing with potential partners
March 24, 2010 | 11:29pm CEToriginalSaab will have to sell more than 100,000 cars a year to achieve a balanced economy. It intends to return to profit in 2012 and at that time to produce...
read moreHalfords leaving Czech Rep and Poland after three years, focusing on domestic market
March 23, 2010 | 10:32pm CEToriginalThe reason is unprofitability in Central Europe. Anyway, Halfords has opened its second establishment in Plzen still in December 2009...
read moreAuto-Exner became exclusive partner of Bugatti for Central and Eastern Europe
March 23, 2010 | 10:25pm CEToriginalThe company is now taking care of five Bugatti cars’ owners from the Czech Republic, Slovakia and Poland. The demonstration drive and sale will be arranged directly with the carmaker...
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