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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
GM considers production shift of some Opel models from South Korea to Europe
March 18, 2013 | 03:28am CEToriginalUnderutilized Opel plants might also produce Chevrolet cars for the European market. The affected models, timing...
read moreDeutsche Bank offered 5.8 million preferred shares of Volkswagen on stock exchange
March 18, 2013 | 12:05am CEToriginalThese are shares of a client, evidently Qatar. Size of the share and the value of the shares, reaction of the stock exchange to the report...
read moreHyundai wants to strengthen sale of used cars and increase number of dealerships in Czech Rep
March 15, 2013 | 02:31am CEToriginalParameters of the i-Best program, involvement of dealers, current offer, microsite, dealer network development...
read moreToyota wants to expand dealer network in Czech Rep
March 15, 2013 | 02:24am CEToriginalThe company aims to achieve a target state of 30 sales points through its existing partners. Free locations...
read moreSkoda Auto's revenues increased by 1.7% to record CZK 260 billion in 2012, operating profit fell by 4.1%
March 15, 2013 | 02:17am CEToriginalThe drop in profit is caused by record investments, a shift of product mix and increased marketing expenses. The production of each model...
read moreCourt rejected proposal for Tatra bankruptcy, auction may be held
March 15, 2013 | 02:08am CEToriginalPrevention from further insolvency proposals by depositing financial means into judicial custody, two to four applicants for Tatra...
read moreRenault signed agreement on cost reduction with trade unions in France
March 14, 2013 | 11:05pm CEToriginalExtension of working time, temporary wage freeze, 7,500 jobs cancelled, factories not to be closed, the growth of domestic production by one third...
read moreToyota: Interest in testing weekend in Czech Rep exceeded our expectations
March 14, 2013 | 10:57pm CEToriginalNumber of visitors, test drives, concluded contracts, pre-negotiated trades...
read morePecenka: Skoda wants to keep one-third market share in Czech Rep in 2013
March 13, 2013 | 10:53pm CEToriginalThe expected decline in Q1, the current orders for the Octavia III, plans with the Rapid, guaranteed rates in service centres, residual values, fleet policy...
read moreTatra faces distraint in addition to insolvency proceedings, that is reportedly to delay auction on purpose
March 13, 2013 | 10:44pm CEToriginalThe reason for the distraint is allegedly Czech company Promet Group, too. Parameters and doubts of the proposal, dependance on the court decision...
read moreMartina Bedrnova remains marketing director of Citroen in Czech Rep
March 13, 2013 | 10:30pm CEToriginalLenka Martinova, who returns from maternity leave, will assume the position of PR manager. Katerina Juranova…
read moreSwell expanded equipment of test room in Horice with climatic chamber
March 13, 2013 | 10:20pm CEToriginalDetails of a new technology for thermal testing, utilization, application in exterior and interior components...
read moreSkoda Auto made agreement on employment with trade unions in Czech Rep
March 13, 2013 | 10:13pm CEToriginalA variable bonus of CZK 20,000, the on-going negotiations on wage growth and the form of flexible accounts...
read moreZF Friedrichshafen wants to expand one of its plants in Czech Rep
March 13, 2013 | 12:01am CEToriginalLocation; a new hall; products; HR; planned development of the plant; production, development and sales activities in the Czech Republic; clients...
read moreLeasePlan: Prices of young used cars in Czech Rep increased slightly in 2012, except for Skoda brand
March 12, 2013 | 11:52pm CEToriginalGrowth in residual values drawn by foreign brands; the development of prices of Skoda, VW, Ford and Opel cars; interest in petrol/diesel; outlook for 2013...
read moreVolkswagen: New modular platforms like MQB to bring Group savings of billions of euros
March 12, 2013 | 11:39pm CEToriginalConference of Volkswagen Group in Mlada Boleslav, represented brands, unification of components and engines...
read moreVolvo developed cyclist detection system with auto brake function
March 12, 2013 | 11:31pm CEToriginalIt will be available in most Volvo models from May 2013. Details of the technology, facelift of the model range, a new engine for the V40...
read moreUAMK agreed to cooperate with Eni in Czech Rep
March 12, 2013 | 11:26pm CEToriginalThe amount of discount on fuel in the Agip network for new customers of UAMK, the average annual savings, number of members of the You&Eni loyalty program...
read moreOpen Days: Citroen organizes campaign with number of advantages and benefits in Czech Rep
March 12, 2013 | 11:19pm CEToriginalDate, extended opening hours in showrooms, discounts on cars and spare parts, extended warranty for free when using financing...
read moreAutomotive Lighting to insource part of production in Czech Rep, to install another paint shop in one plant
March 12, 2013 | 02:53am CEToriginalThe investment is related to the increase in production of automotive lights. Location, capacity, timing, HR...
read moreSkoFIN reduced the number of suppliers of tires and tire services to two
March 12, 2013 | 02:46am CEToriginalNetworks of fast service shops of Continental and Goodyear succeeded in the tender. Reduction of operating lease payments, BestDrive and 4Fleet branches...
read moreTrigema to build second rental R&D centre in Prague
March 12, 2013 | 02:38am CEToriginalFocus of the Science Park Roztoky, the timing of construction, technology, space for rent, HR, subsidies, tenants of VTP Roztoky...
read moreKarlovy Vary Region switches to operating lease, CSOB Leasing with Hyundai cars succeeded in first tender
March 12, 2013 | 02:33am CEToriginalModels and numbers of cars, rental period, the value of the contract, instalments, savings compared to ownership, fleet size of the region...
read moreOne of Ronal’s Czech factories hit by fire
March 12, 2013 | 02:23am CEToriginalLocation, focus and cause of the fire, the amount of damage, limitation of production of alloy wheels, alternative supply system within the Ronal group, clients...
read moreSkoda Auto stopped production in Kvasiny for five days
March 12, 2013 | 02:18am CEToriginalIt is a planned step during the spring break. A change in technologies in connection with a facelift of the Superb and the Yeti, a number of non-produced cars...
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