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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
Emil Frey made several changes in two branches in Czech Rep
January 15, 2013 | 01:29am CEToriginalThe company added one brand, shifted another one, and one brand was expanded to another location. Brands, locations of showrooms, new web sites...
read more3M developed technology for even distribution of light from LED lamps
January 15, 2013 | 01:18am CEToriginalULL technology reduces the number of LEDs. The tool for car individualization, the first application in the U.S., cooperation with European and Czech carmakers...
read moreOne court in USA refused to deal with hedge funds lawsuit against Porsche SE
January 15, 2013 | 01:06am CEToriginalOther actions were filed in the courts of other U.S. states though. The lawsuits relate to misleading investors in the planned takeover of Volkswagen...
read moreDomansky opened fifth branch in Prague, the largest Peugeot showroom in Czech Rep
January 14, 2013 | 03:03am CEToriginalLocation, amount of investment, a giant showroom for up to 23 cars, 27th Blue Box showroom in the country, 15th dealership involved in the Peugeot Approved Cars program...
read moreHonda to cancel 800 jobs in UK due to weak demand in Europe
January 14, 2013 | 02:52am CEToriginalAnyway, the factory in Swindon took on 500 people in 2012. Timing, production in 2012, factory utilization, prepared Civic Tourer...
read moreSkoda increased sales by 6.8% in 2012, in December by 6.1%
January 14, 2013 | 02:29am CEToriginalSales in various regions and countries, interest in various models including the new Citigo and Rapid, deliveries excluding China, the growth of sales in the Czech Republic by 2.5%, outlook for 2013...
read moreChinese state fund CIC reportedly negotiates stake purchase in Daimler
January 14, 2013 | 02:21am CEToriginalThe companies declined to comment on it. Size of the share, the profile of CIC and its other investments in Europe, the current largest shareholder of Daimler...
read moreCSU: Car prices fell by 4.9% in 2012
January 11, 2013 | 03:37am CEToriginalUsed cars became cheaper more than new ones. Prices of service works rose, while prices of spare parts decreased. Development in December, the detailed data...
read moreGM: Opel is not for sale, to return to profit through model offensive
January 11, 2013 | 03:22am CEToriginalOther plants will not be closed. The company’s five-year plan, the outlook for the European market in 2013, the number of orders for the Adam, the new Cascada convertible...
read moreCar sales in Poland fell by 1.5% in 2012, in December by 22.7%
January 11, 2013 | 03:14am CEToriginalSkoda remained the market leader before its affiliated brand VW. Volkswagen Group share in the Polish market, necessary tax changes for the market recovery...
read moreGenerali to buy PPF shares in insurers Ceska pojistovna and Ingosstrakh
January 11, 2013 | 03:05am CEToriginalTransaction value, timing, dividends of Generali to PPF Holding, return on investment of Petr Kellner...
read moreCebia and BMW intend to expand cooperation in Europe
January 10, 2013 | 03:26am CEToriginalWhile the current cooperation relates to new cars in CEE, there are negotiations on used cars taking place...
read moreLudek Santora left SkoFIN after year
January 10, 2013 | 03:16am CEToriginalUnder his operation, the company increased sales in 2012. New Sales and Marketing Director is now being selected...
read moreCar of the Year 2013 in Czech Rep: Public and journalists agreed on single car – Toyota GT86
January 10, 2013 | 03:02am CEToriginalRenault, Skoda, BMW, Toyota and Mercedes succeeded in a poll of consumers. The number of votes, the absolut winner announcement...
read moreSkoda Octavia Combi II to be produced in Czech Rep by March, still for sale
January 10, 2013 | 02:52am CEToriginalExpected shares of the bodywork versions of Octavia III, possible special offer for the second generation, charge for the estate...
read moreAnthony Denny suspended sale of his stake in AAA Auto
January 9, 2013 | 03:50am CEToriginalThe reasons for the decision, horizon of the suspension of the sales process, the present Denny’s share in the company, the price of the shares, the current value of the company...
read morePorsche Inter Auto increased car sales by 2% in Czech Rep in 2012, turnover up even more
January 9, 2013 | 03:41am CEToriginalDemand for new and used cars, interest in Skoda, VW, Audi, Porsche and Bentley brands, the outlook for 2013...
read moreDuPont to sell car paint unit to Carlyle
January 9, 2013 | 03:24am CEToriginalThe transaction value, size of the DuPont Performance Coatings division, Dupont's focus on agriculture and nutrition, streghtening of the Carlyle Group in the automobile industry...
read moreGM reportedly not against sale of Opel to PSA
January 9, 2013 | 01:01am CEToriginalEven the French government pushes PSA Peugeot Citroen to take Opel over. Ambiguity in acquisition financing...
read moreSkoda Octavia III: From CZK 334,900 with Plus packets free for first 1,000 clients in Czech Rep
January 8, 2013 | 03:39am CEToriginalMaintaining the prices of the 2nd generation, equipment, engines, packets, technology, Simply Clever solutions, extended warranty, start of production in Russia, China and India...
read more3M: New innovation centre in Prague to bring us new business, not only from Czech Rep
January 8, 2013 | 03:30am CEToriginalMajor trends in Automotive, innovative products for interior, exterior and drive, development and testing, Czech clients...
read moreSales of new cars up by 0.4% in Czech Rep in 2012, down by 14.9% in December
January 8, 2013 | 03:18am CEToriginalThe premium brand – BMW got into Top 10 for the first time. The slump in demand of consumers, brands results, decrease of dealer margins, PwC outlook for 2013...
read moreKovarna Viva won new contracts, to expand production in Zlin
January 8, 2013 | 03:12am CEToriginalThe fourth hall, new lines, growth in sales and productivity, HR, demanded positions, clients from the manufacturers of components and vehicles not only from Germany...
read moreHyundai wants to produce 300,000 cars in Czech Rep again in 2013
January 8, 2013 | 03:08am CEToriginalIn 2012, production exceeded the company’s plan by 1%. The setout of production between individual models of i30, ix20 and ix35...
read moreNippon Kayaku wants to expand production in Czech Rep
January 7, 2013 | 12:32am CEToriginalLocation, products, reasons for investment in the Safety Systems division, a fourfold increase in production, HR, R&D, a merger of Czech subsidiaries...
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