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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
Maruti Suzuki could produce cars for Volkswagen Group in India
August 6, 2010 | 02:38am CEToriginalParent company of the Maruti Suzuki is the Japanese carmaker Suzuki Motor, in which Volkswagen acquired a share in early 2010...
read moreInsurance companies in Czech Rep: Volume of detected frauds rose by tens of percent in H1
August 6, 2010 | 02:24am CEToriginalMost of the frauds fall on the accidental insurance, followed by damage liability and property insurance. Details of insurance companies...
read moreHyundai Motor plans to increase production capacity in USA
August 6, 2010 | 02:12am CEToriginalThe carmaker could announce plans of the production increase during the month. The reason is increasing sale on the market, which should achieve in 2010...
read moreVolkswagen’s Russian plant resumed production
August 5, 2010 | 11:54pm CEToriginalThe productio shut down because of the massive fires in the country thus lasted only one day. The plant also produces Skoda cars...
read moreMartin Mitterwald left LeasePlan after 13 years
August 5, 2010 | 01:10am CEToriginalThe post of the Czech branch general manager is now vacant; as for the position of executive head, it has been taken by the chief of the Polish branch. Reasons for leaving...
read moreCar sales in USA rose by 5.1% y/y in July, by 6.6% m/m
August 5, 2010 | 12:59am CEToriginalHowever, the pace of growth has slowed to its lowest level since November 2009. Sales outlook for Q3, effects on the growth in July, the results of brands...
read moreSales of new vehicles in Czech Rep fell in all segments in July
August 5, 2010 | 12:42am CEToriginalRegarding vehicles under 3.5 tonnes, it has been caused by the impact of the end of the depreciation exception. The results for July and seven months, the historical comparisons...
read moreVolkswagen’s plant in Russia interrupted production due to fire
August 4, 2010 | 11:52pm CEToriginalThe Kaluga-based plant produces Skoda cars as well. According to the carmaker, it is a precautionary measure to protect workers...
read moreChina plans to invest over EUR 11 billion to support green cars by 2020
August 4, 2010 | 11:46pm CEToriginalThe money would be directed in particular to the development of green technologies. Other forms of sales of eco-friendly and low emission vehicles...
read moreCompetencies and duties of Martin Kofron in SkoFIN and CLFA to be taken over by his colleagues
August 4, 2010 | 03:46am CEToriginalIn CLFA it will be Jirina Tapsikova, in SkoFIN Tamara Janouskova and Ivana Hercova. Another direction of Kofron...
read moreSPL Recycling and Association of Glass prepared proposal for mandatory collection and recycling of automotive glass
August 4, 2010 | 03:37am CEToriginalThey plan to submit it to the new government. Possible schemes of the system, prepared amendment to the Waste Act, the EC legislation relating to the recyclability of vehicles...
read moreModel of Month: Fiat offers selected parts of Linea and Ducato at discount of up to 50% in Czech Rep by end of September
August 4, 2010 | 03:24am CEToriginalA basic discount per part amounts to 15%, with each additional part, the total purchased price is reduced by 5pp. Details of the action...
read moreStandard & Poor's raised rating on Ford Motor by two degrees
August 4, 2010 | 03:17am CEToriginalAt the same time the agency stated that further improvements in the evaluation are possible within the next 12 months. Rating details...
read moreCar sales in Germany down by 30% in July, exports up by 6%
August 4, 2010 | 03:03am CEToriginalHowever, the pace of the export growth slowed down compared to previous months. Strong exports should continue to compensate weak domestic demand, according to VDA...
read moreToyota Motor ignored problems of accelerating cars for years, according to action
August 4, 2010 | 02:51am CEToriginalProcess with the carmaker could cover 40 million customers in the U.S. if the action is granted collective status. Braking system...
read moreNissan preparing expansion in Czech Rep, personnel and dealer
August 3, 2010 | 05:30am CEToriginalIncrease of the market share should be supported by the return of Petr Ouska, the return to a higher number of dealerships and arrival of new managers...
read moreSuzuki to introduce its entry model Alto after 31 years also in Czech Rep
August 3, 2010 | 04:52am CEToriginalAlto has been sold in Europe for 29 years, in Slovakia as well. Drive, equipment, parameters, prices of the current generation Alto, sister model Nissan Pixo...
read moreLower Saxony does not intend to reduce its stake in Volkswagen
August 3, 2010 | 01:44am CEToriginalThe state, however, plans to sell shares above 20% in Volkswagen in the event that its stake rises as a result of the merger with Porsche...
read moreSkoda Octavia Edition CZ: Carmaker motivating customers in Czech Rep to choose modern engines TSI and TDI CR with discounts of up to CZK 85,000
August 3, 2010 | 01:29am CEToriginalAt the same time, an extra charge for the wagon fell by CZK 10,000. The Octavia 1.2 TSI (77 kW) can now be purchased at the cost of the 1.4 MPI (59 kW)...
read moreSales of passenger cars in China rose by 15.4% in July
August 3, 2010 | 01:15am CEToriginalSales dropped by 3.4% m/m though. Total sales of motor vehicles in China, including trucks and buses...
read moreCitroen extended Open Way offer until end of August and discounted three selected models
August 3, 2010 | 01:07am CEToriginalDiscounted packages for 35-63%, free navigation, service contract Citroen IdealDrive for commercial vehicles. Special prices...
read moreGeely completed takeover of Volvo Car, paid less
August 3, 2010 | 12:50am CEToriginalThe company paid the carmaker Ford USD 1.3 billion in cash and USD 200 million in the form of promissory note. Another payment...
read moreCCS: Fuel prices in Czech Rep dropped last week
August 3, 2010 | 12:12am CEToriginalPetrol Natural 95 discounted on average by 16 hellers and diesel by 11 hellers. In m/m and y/y comparison...
read moreVladimir Vosicky reinforced management of Hyundai Motor Czech
August 2, 2010 | 01:03am CEToriginalHe came to the new position of business director. Vosicky’s competencies and a change of competencies of president Kenny Lee...
read moreSPL Recycling innovated system of collection of windshields for recycling in Czech Rep
August 2, 2010 | 12:43am CEToriginalThose can now be deposited for recycling at Skoda dealers. In 2009, thanks to this the company increased volume of processed windshields by 90% to...
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