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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
Financial division of PSA Peugeot Citroen might get state aid
October 18, 2012 | 02:08am CEToriginalThe government has been reportedly negotiating with French banks on the assistance for Banque PSA Finance, which would include state guarantees. Stage of the negotiations...
read moreCzech Post renewed cars distributing small packages after year, SkoFIN succeeded in tender
October 17, 2012 | 01:35am CEToriginalThe cars have been leased under operating leases. Fleet size, chosen Skoda cars and their parameters...
read moreHella to expand two R&D facilities in Czech Rep
October 17, 2012 | 01:26am CEToriginalThe one is located in the Mohelnice plant, the second at the Technical University in Ostrava. Current production, HR, plans, customers...
read moreEV batteries manufacturer A123 Systems went bankrupt
October 17, 2012 | 01:18am CEToriginalIt is a supplier of lithium-ion batteries for Fisker. Sale of assets to Johnson Controls, the value of the transaction, the failure of Barack Obama’s green policy...
read moreStratos Auto opened BMW dealership in Prague
October 17, 2012 | 01:06am CEToriginalThe company has thus entered the second city in the Czech Republic with one of its existing brands. Location, sales of BMW M-models and motorcycles...
read moreEU car sales fell by 10.8% in September
October 17, 2012 | 12:58am CEToriginalThe most pronounced drop in the last year, the worst September since 2003, positive developments in the countries outside the euro area, growth in the share of Skoda, KPMG’s comment, views of R.L. Polk...
read moreConference on automotive industry in Czech Rep and Central Europe to be held in Brno in late October
October 17, 2012 | 12:46am CEToriginalIt is the ninth year of this professional event. Speakers from associations, carmakers, suppliers, banks, consulting firms, service providers...
read moreWoman became member of Leaseurope board for first time, head of Czech leasing association, Jirina Tapsikova
October 17, 2012 | 12:40am CEToriginalShe currently works as the head of the Czech branch of Volkswagen Financial Services. Tapsikova was nominated to the board by...
read moreMichal Backovsky left Avia Ashok Leyland Motors
October 16, 2012 | 12:05am CEToriginalIn the Czech plant of Ashok Leyland he was in charge of marketing and aftersales. His successor, another new member of the marketing department...
read moreVolvo Car to temporarily stop car production in Sweden
October 15, 2012 | 11:55pm CEToriginalIt is therefore another measure to reduce production due to lower demand in Europe. The term of outage, the models concerned...
read moreCNH rejected merger with Fiat Industrial
October 15, 2012 | 11:44pm CEToriginalFiat Industrial owns in a majority stake in CNH and will continue to strive for completion of the merger...
read moreCCS: Fuel prices fell in Czech Rep last week
October 15, 2012 | 11:35pm CEToriginalPetrol went down by 10 hellers, diesel by 4 hellers. Analysts’ expectations for this week, the outlook of oil consumption in 2013 from the IEA...
read moreBMW to introduce service program for older cars Value Line in Czech Rep
October 14, 2012 | 11:41pm CEToriginalBMW Value Line has already been running in several countries of Western Europe. Models, service packages, prices, independent activity of Renocar...
read moreHyundai to open fifth dealership in Brno
October 14, 2012 | 11:22pm CEToriginalThe existing dealer of several brands is going to build the showroom from scratch. The company, location of the showroom and parameters, opening, dealer situation in the city...
read moreSkoda Auto to cut 200 jobs in Vrchlabi
October 14, 2012 | 11:11pm CEToriginalThe carmaker has offered the affected personnel the opportunity to work in other plants. The amount of severance pay, the deadline for a decision...
read moreAutoDesign Prague 2012: Conference on automotive design to be held in Prague
October 14, 2012 | 11:04pm CEToriginalThe speakers will include designers from Porsche, Jaguar, Dassault or Materialise. A follow-up workshop has three sections, one to be led by experts from MBtech. Details, partners, 3D printing...
read moreGM and PSA Peugeot Citroen allegedly plan to merge Opel with PSA automobile division
October 14, 2012 | 10:56pm CEToriginalThe plan is likely to encounter objections from the French government. Carmakers declined to comment on the information stating that they are about to announce several joint projects in...
read moreU.S. investigating problem with Hyundai Santa Fe steering
October 14, 2012 | 10:47pm CEToriginalThe possible consequences, affected number of cars, production year, possible recall action, the previous problem with the airbags, production at two factories in the world...
read moreJaromir Hermansky promoted to regional headquarters of PSA Peugeot Citroen
October 11, 2012 | 10:50pm CEToriginalFleet department of Peugeot Czech Republic has subsequently been strengthened by Lukas Hosek, who came from Sixt...
read moreVolkswagen to allegedly introduce low-cost brand in 2015, perhaps even in Europe
October 11, 2012 | 10:42pm CEToriginalThe carmaker is reportedly planning three cheap models, especially for China and India. Price segment, used engines...
read moreVolkswagen may postpone development of Bentley and Lamborghini SUVs
October 11, 2012 | 10:38pm CEToriginalThe carmaker thinks that the drop in demand in Europe will require new austerity measures...
read moreFaurecia to close factory in Leipzig, BMW production to be moved to Czech Rep
October 11, 2012 | 02:15am CEToriginalReasons for the German plant closure, new plant in the Czech Republic, products and contracts...
read moreCar prices in Czech Rep decreased in September in m/m comparison
October 11, 2012 | 01:54am CEToriginalBoth new and used cars became cheaper. On the contrary, prices of service works and spare parts went up...
read moreToyota recalls 7.4 million cars to repair
October 11, 2012 | 01:42am CEToriginalIt has been reportedly one of the biggest one-time recall action since 1996. Reason, affected models and years of production, number of cars on individual markets...
read moreVehicle sales in China down by 1.8% in September, first time since January 2012
October 11, 2012 | 01:35am CEToriginalReasons of the growth suspension, influence of the China-Japan dispute, sales in Q1-3, new round of car purchase incentives...
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