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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
TPCA reduces energy intensity of car production in Czech plant in Kolin
May 24, 2010 | 11:57pm CEToriginalSince 2005, energy consumption, drinking water consumption and waste production per one manufactured car have steadily been decreasing. Detailed info...
read moreCSOB Leasing offers customers affected by floods deferred repayments for up to 2 months
May 24, 2010 | 11:44pm CEToriginalDuring the payment holiday period the customers will pay insurance only. At the same time, the leasing company is prepared to waive payments in certain cases...
read moreCCS: Fuel slightly cheaper in Czech Rep, in Slovakia stagnating
May 24, 2010 | 11:29pm CEToriginalPetrol went down by 5 hellers on average at the Czech filling stations and diesel by 4 hellers. This week, the analysts expect...
read moreJohnson Controls aims to strengthen in China, planning to buy interiors and electronics production from Visteon
May 24, 2010 | 12:59am CEToriginalVisteon currently operates in the USA under a bankruptcy protection. For these assets Johnson Controls offers an amount of...
read moreToyota Motor aims to introduce first electric car by 2012, Tesla Motors to help
May 24, 2010 | 12:31am CEToriginalWhile Toyota gains though the cooperation a technology partner, regarding Tesla, it will be a capital one. The share acquisition in Tesla Motors by the company Toyota...
read moreSkoda Auto expects greater interest in new Fabia RS than in its predecessor
May 23, 2010 | 11:55pm CEToriginalThe increased demand should be promoted by the Combi version, new technologies such as XDS and DSG, but also the entry on other markets such as China. Prices, equipment, packages, extended warranty...
read moreOpel agreed with staff on restructuring, including labour cost reduction by EUR 265 million per year
May 23, 2010 | 11:39pm CEToriginalThe German carmaker has thus through the agreement eliminated an obstacle to receive a state aid, which will be discussed in...
read moreCar financing in Czech Rep fell by 6.7% in Q1, Toyota Financial Services and Arval being movers of the year
May 21, 2010 | 03:18am CEToriginalThere were also other companies growing, namely SkoFIN, UniCredit Leasing, Credium and ALD Automotive. Changes in the Top 10 ranking, changes in the volume of financing, the reasons...
read moreToyota convening 4,500 Lexus LS cars for inspection in Japan
May 21, 2010 | 02:58am CEToriginalThe reasons are the potential problems with a variable gear ratio steering (VGRS). The recall is likely to cover the European market as well...
read moreFurther legal actions against Porsche in US could jeopardize planned merger with Volkswagen
May 21, 2010 | 02:43am CEToriginalThe carmaker Porsche could pay USD 7 to 9 billion for alleged stock market manipulation in connection with an attempted takeover of Volkswagen...
read morePeugeot holds test rides with competition for 5008 MPV at selected dealers in Czech Rep by 2 July
May 21, 2010 | 02:35am CEToriginalDuring this period, customers can take advantage of an offer of a seven-seated version for the price of a five-seater, which represents a saving of CZK 16,000. Financing...
read moreExperts warn of possible offers of submerged cars after floods
May 21, 2010 | 02:24am CEToriginalLarge used car shops do not buy them out. For example, after floods in 1997, AAA Auto introduced a guarantee that the car being sold was not flooded...
read moreNew head of advertising and media for Citroen in Czech Rep Katerina Juranova
May 20, 2010 | 01:48am CEToriginalShe will replace Lenka Martinova in the office, who is going on maternity leave. Juranova has so far worked...
read moreBenet Automotive to concentrate production to new plant in Czech Rep and expand its activities with new production
May 20, 2010 | 01:22am CEToriginalThe Czech manufacturer of bumpers and spoilers for Skoda cars will move from Mlada Boleslav to Milovice. New project...
read moreCitroen Crazy Week: Week of extra discounts in Czech Rep for models C3, C4 and Berlingo
May 19, 2010 | 11:12pm CEToriginalThe allowance when using financing is valid until May 26, dealers to be open on the weekend as well. Discounts within the Happy Days also continue...
read moreForschner to build new plant in Czech Rep
May 19, 2010 | 12:54am CEToriginalThis is both because of the cost reduction as well as the new contracts from manufacturers of passenger, commercial vehicles and buses. The location, customers...
read moreYazaki to close one of two Slovak plants
May 19, 2010 | 12:43am CEToriginalOver 1,200 people will lose their jobs in Prievidza. Conversely, the company is increasing production capacity at the plant in Michalovce and will recruit additional staff...
read moreStephane Chauville became Nissan sales head for Central Europe
May 19, 2010 | 12:31am CEToriginalFormer Opel country manager for the Czech Republic and Slovakia will be responsible for Nissan's four countries. Its predecessor, Szymon Walusz...
read moreSmith and Avia to bring its electric truck Newton throughout Europe by 2012
May 19, 2010 | 12:15am CEToriginalThe company will present it to prospective customers in Central Europe at the commercial vehicles fair Brno Truck Show (Autotec Brno) in June...
read moreDirect Pojistovna extends its activities of insurance sales through partners, having launched Affiliate program
May 18, 2010 | 11:56pm CEToriginalIt rewards website owners for mediated calculations or negotiated insurance. The amount of reward, the actual number of partners...
read moreU.S. government not to ask local carmakers and suppliers to repay entire loans
May 18, 2010 | 11:40pm CEToriginalThe government will forgive 40% of the total volume of loans to the automotive industry. Chrysler has already repaid half the loan. Financial results of Chrysler and GM in Q1...
read moreGrowing customers’ interest in SUVs created new segment of B-SUV
May 18, 2010 | 01:05am CEToriginalSUVs have been the domain of C and D-segment so far. Between 2010 and 2011 the segment will be occupied by Nissan Juke, Mini Countryman, Peugeot 2008 and new models of Ford, Opel and Honda...
read moreBarum Continental: Volume of orders and production at pre-crisis level in Q1
May 18, 2010 | 12:30am CEToriginalThe company made a number of economy measures in 2009, reduced the number of workers, prices of raw materials are rising though. Last year the company increased profit along with a decline in revenues...
read moreVolkswagen increased sales by 11% in April, by 20.9% over four months
May 18, 2010 | 12:11am CEToriginalThe world market of passenger cars went up by 18.1% from January to April. Skoda Auto increased sales by 18.6 %, but much more in China and the Czech Republic...
read moreNo strike at Slovak Delphi plant, management of company agreed to salary increase
May 17, 2010 | 11:50pm CEToriginalThe company has agreed with unions on wage growth by 4.5% and an increase in compensation money in the event of dismissal. The average wage at Delphi in Slovakia...
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