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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
Usage in the company
Volkswagen to apparently use its options to take Porsche AG over
September 14, 2011 | 05:09am CEToriginalVolkswagen originally planned a merger with the parent company Porsche Automobil Holding SE, which is a majority owner of Porsche AG. The option can be used from...
read moreAAA Auto opened first used car shop in Russia
September 14, 2011 | 05:00am CEToriginalThe new branch will initially focus on purchase with an estimated range of up to 500 cars. The service offering...
read moreFehrer Automotive increases production in Czech Rep, moving there part of production from abroad
September 13, 2011 | 04:59am CEToriginalDetails of the strategy, replacement of the technology of seat production in one of the Czech plants, new orders, development of Fehrer Bohemia’s turnover...
read moreAxa Assistance started to provide tire insurance at Tomket’s e-shop in Czech Rep and Slovakia
September 13, 2011 | 04:55am CEToriginalThe collaboration concerns the e-shop Nejlevnejsipneu.cz and includes assistance services. Conditions, indemnity limits, period of insurance, details...
read moreInvelt increased revenues by 25% in H1, sales of new BMW cars by 20% and market share by 4 pp
September 13, 2011 | 04:49am CEToriginalDetails of financial and business indicators, results in motorcycles, a new e-shop for accessories, activities for customers and CSR...
read morePrices of cars in Czech Rep grew by 0.1% m/m in August
September 13, 2011 | 04:40am CEToriginalWhile new cars became more expensive, used ones have cheapened. Prices of spare parts and service works increased. Detailed information, including y/y comparisons...
read moreCitroen offers lowest price guarantee on LCVs in Czech Rep in September and October
September 13, 2011 | 04:34am CEToriginalDetails of the action, the current network of Business Centres, special prices for September, bonus when using funding, the Professional packet not only with air conditioning, action models...
read moreJakub Hodanek became new sales and marketing director of Europ Assistance in Czech Rep and Slovakia
September 13, 2011 | 04:28am CEToriginalHe replaced Vladimir Fuchs in the position, who was appointed general manager of the company. Hodanek’s previous locations...
read morePeugeot wants to sell 220,000 cars of 308 in 2011
September 13, 2011 | 04:24am CEToriginalA total of 1 million 308 cars have been produced so far. Share of hatchback, wagon and coupe-cabriolet in sales; demand for engines; the current daily production...
read moreDalibor Slivinsky left Scania Czech Republic after less than a year
September 13, 2011 | 04:19am CEToriginalHe was replaced by Pavel Prostrednik in management of the Prague dealership, who left the MAN importer after 11 years...
read moreSwedish trade unions filed proposal for Saab’s bankruptcy
September 13, 2011 | 04:14am CEToriginalSaab received a bridge loan of EUR 70 million, which should help it in an appeal against a refusal of protection from creditors...
read moreTatra to start production of Phoenix in October, wants to produce over 1,000 trucks in 2012
September 13, 2011 | 04:09am CEToriginalSales regions, the choice of DAF’s dealer partners, price of the model, technical characteristics, differences compared to competition...
read moreCCS: Fuel significantly more expensive in Czech Rep last week
September 13, 2011 | 04:00am CEToriginalThe price of petrol rose by 58 hellers, diesel by 53 hellers. Analysts’ expectations for this week...
read moreArcelorMittal to build third plant in Slovakia and expand body parts production there
September 12, 2011 | 02:35am CEToriginalLocation, investment and its reasons, the size of the factory, the character of production, HR, the date of construction and start of production, customers...
read moreHyundai i30 and Kia Cee'd to undergo generational replacement after less than five years
September 12, 2011 | 12:01am CEToriginalProduction of the second-generation of this C-segment hatchback will begin in the Czech Republic and Slovakia in 2012. Engines...
read moreSaab to submit new application for protection from creditors to another court
September 11, 2011 | 11:35pm CEToriginalThe carmaker wants to prevent the unions from their intension to bring a suit for the company’s bankruptcy. According to analysts, Saab is before the end of its existence...
read moreVolkswagen postpones merger with Porsche, planning to make it otherwise
September 11, 2011 | 11:16pm CEToriginalIt is caused by unresolved legal issues and investigations of former top managers of Porsche. Details...
read moreJohnson Controls has big plans with new Czech plant in Zatec
September 9, 2011 | 03:16am CEToriginalSoon the company will start production in the first hall and by 2014 it wants to quadruple the plant, quintuple production and triple staff. Components for Skoda Auto...
read moreCCS began offering discounted insurance for their card holders in Czech Rep
September 9, 2011 | 03:07am CEToriginalThere is an online calculator available for CCS clients at Pojisteni.ccs.cz. The insurance partner...
read moreSwedish court rejected Saab’s request for protection from creditors
September 9, 2011 | 02:55am CEToriginalThe unions now intend to file for Saab’s bankruptcy to obtain owed wages from a government insurance fund. Reasons for the rejection...
read moreLancia launched new Ypsilon on Czech market, to introduce it to women first
September 9, 2011 | 02:50am CEToriginalOpen week, a competition for a weekend with the car and vouchers, partnership with Sephora, specifications and prices, optional equipment, introductory price...
read moreEurop Assistance prepared new product EuroComfort for ALD Automotive in Czech Rep
September 9, 2011 | 02:41am CEToriginalIt is a premium assistance program, which includes an increased right for the use of a spare car for the duration of...
read moreEC wants all cars to be with eCall emergency system from 2015
September 9, 2011 | 02:35am CEToriginalThe measure would apply to newly sold cars. Modernisation of infrastructure for mobile operators, the current penetration, the costs of a car...
read moreSaab asked for protection from creditors in Sweden
September 8, 2011 | 07:53am CEToriginalThe affected Swedish activities, a plan of reorganization, waiting for funds from companies Pangda and Youngman, permission of the Chinese authorities in danger...
read moreVolkswagen prepared autumn special offer for commercial vehicles with discounts up to CZK 150,000 in Czech Rep
September 8, 2011 | 07:46am CEToriginalThe affected models and versions, discounts and bonuses for financing from SkoFIN, sales over eight months, market development, expectations for 2011...
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