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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
Spiegel: Martin Winterkorn to remain head of Volkswagen until 2016
November 29, 2010 | 12:09am CEToriginalThe supervisory board of the carmaker has reportedly decided on the extension of the contract, although the company declined to confirm it. His current contract is going to expire in...
read moreJaroslav Povsik to lead Skoda Auto unions till 2014
November 28, 2010 | 11:47pm CEToriginalKOVO unions have extended his term of office for four years. Povsik’s deputy has become...
read moreFastbox introduced loyalty program in Czech Rep, benefits may be also applied in Austria
November 26, 2010 | 01:40am CEToriginalIn the near future, the company is going to run its e-shop. Suppliers of parts and service catalogue, parameters of the loyalty program...
read moreAAA Auto: Sales of used commercial vehicles back to pre-crisis level
November 26, 2010 | 12:58am CEToriginalAfter ten months of 2010 the company increased its sales by 71%, of which 75% were in the Czech Republic and 60% in Slovakia. Five best-selling brands and models...
read moreTop-Pojisteni.cz: Insurance companies increasingly use damage liability for sale of additional service in Czech Rep
November 26, 2010 | 12:48am CEToriginalThe growth of segmentation and number of variants, changes in the bonus system, taking of elements of accident insurance...
read moreCitroen C-Zero EV in high demand in Czech Rep, importer expects tens of cars sold in 2011
November 25, 2010 | 05:11am CEToriginalDemand of specific companies, price and equipment, financing by PSA Finance, service in the whole dealer network, current state of orders…
read moreFastbox to offer certified EV servicing in Czech Rep, just under negotiation with Bosch
November 25, 2010 | 04:44am CEToriginalAt the same time, the company is preparing EV financing; several leasing companies have already expressed interest. Expected sales...
read moreTop-Pojisteni.cz: Basic rates of damage liability grow annually by 7-8% in Czech Rep, real premiums fall by 4-6% though
November 25, 2010 | 04:11am CEToriginalChanges in rates during the year, disadvantageousness of insurance payments fixed into financing, development of rates in 2010 and 2011...
read moreHyundai wants to strengthen image in Europe by offering premium models, to be available in Czech Rep too
November 25, 2010 | 03:44am CEToriginalIn 2011, the carmaker is going to introduce the models Genesis, Genesis Coupe, Equus, but also the successor of the Accent and Sonata, and new versions with a start-stop system...
read moreDirect settlement by CSOB Pojistovna to be free of charge, only for damage to vehicle, with payment of spare car
November 25, 2010 | 03:28am CEToriginalCSOB Pojistovna will settle and pay the claim. Existing clients will receive the service a contract renewal. Details of Damage liability without worries...
read moreAdmosphere: Direct as one of biggest advertisers among insurers in Czech Rep, invests over half of revenues
November 24, 2010 | 02:43am CEToriginalLeaders of the insurance market, Ceska pojistovna and Kooperativa invest less than 1% in advertising. Details of individual insurance companies...
read moreCzech police continue in fleet renewal with Skoda vehicles, to buy 28 Yeti cars
November 24, 2010 | 02:30am CEToriginalThere were a total of four companies participated in the tender, the decisive criterion was the price. The contract winner, value of the contract, the price of one car...
read moreSlavia not to punish perpetrators of minor accidents by loss of bonus
November 24, 2010 | 02:19am CEToriginalLowering the bonus along with insurance coverage to and over CZK 15,000, a claim-free bonus in advance, discounts for different groups of drivers, insurance options...
read moreFastbox: Car owners in Czech Rep unnecessarily spend CZK 8 billion in service points annually
November 24, 2010 | 02:11am CEToriginalIt is caused by wrong diagnosis of a problem and subsequent unnecessary maintenance work. The size of market for car service points in the Czech Republic...
read moreMahindra & Mahindra to buy majority stake in South Korean carmaker SsangYong
November 24, 2010 | 01:59am CEToriginalThe Indian carmaker wants to become stronger in the SUV segment in this way. The share and the value of acquisitions...
read moreGenerali withdrew from most of claim charges in Czech Rep
November 24, 2010 | 01:49am CEToriginalAt the same time the insurance company introduced bonus copying to family members, and prepared a 55% discount on damage liability for the autumn and winter for…
read moreWinterkorn, Vahland: Skoda and VW flagships to have different gear, umbrella of Superb remains
November 24, 2010 | 01:37am CEToriginalAccording to the management of the carmaker, the quality of both brands is supposed to remain high. Comments of both managers...
read moreNHTSA investigates problems with Honda Accord Hybrid
November 24, 2010 | 01:25am CEToriginalThe authority has received one complaint and is now considering recall action. Any decision would affect 25,000 cars in the USA...
read moreFastbox to offer e-mobility program on Czech market as well as in Austria
November 23, 2010 | 06:04am CEToriginalThe importer for one brand and dealer for two other brands, negotiating with the public sector and energy companies, charging stations at branches, commercial EVS from CZK 500,000...
read moreCCS: Fuel prices increased by tens hellers in Czech Rep last week
November 23, 2010 | 05:42am CEToriginalPetrol more expensive on average by 37 hellers, diesel by 32 hellers. Development in Slovakia and analysts' expectations for this week...
read moreFastbox: Czech Rep offers space for 300-400 fast service points; we want to have 30%
November 22, 2010 | 01:00am CEToriginalThe first premises on the Czech market and the planned ones for 2011, the market for fast service points in the Czech Republic, prices and range of services, franchising and expansion to other countries...
read moreCitroen started selling tested used cars under Citroen Select program in Czech Rep
November 22, 2010 | 12:45am CEToriginalIn Europe, there are 1,200 vendors providing such a service, in the Czech Republic another 25 dealers will be added. Warranty and other services from Europ Assistance, the sale plan, the current offer...
read moreAAA Auto raised gross profit and revenues by third in Q3, but margin declined slightly
November 22, 2010 | 12:27am CEToriginalIn Q1-3, its gross profit increased by 23.2% at revenue growth of 15.5%. The ratio of operating costs towards revenues remained at 19%. Reasons for decline in margin...
read moreMartin Zavadil and Halfords ex-managers to be in charge of Fastbox expansion in Czech Rep
November 22, 2010 | 12:14am CEToriginalZavadil previously developed a network of stores with sporting goods Drapa Sport. Jiri Mica will be in charge of...
read moreDynavix: Demand for navigation devices in PDA to become equal to portable ones by 2013
November 19, 2010 | 03:24am CEToriginalIn the future, manufacturers of navigation systems will become navigation software dealers only. Besides the versions for the iPhone Dynavix is preparing a version for Android. Sales in 2010...
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