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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
After real estates and subsidiaries, whole Tatra to be possibly pledged to banks
March 16, 2010 | 01:48am CEToriginalThis increased liability of banks for provided loans will be approved by the General Meeting at the end of March. Debts and the results of 2009...
read moreAuto-Staiger streamlines activities in Prague, closing Opel and Chevrolet showroomn in Konevova Street
March 16, 2010 | 01:34am CEToriginalThe company is therefore operating on a single place in Prague at the moment, namely in bigger premises in the Cernokostelecka Street...
read moreDer Spiegel: Volkswagen does not like that Jung made Skoda too good brand
March 16, 2010 | 01:29am CEToriginalSkoda cars reportedly compete with the VW brand; the same quality at lower price. Moreover, production in the Czech Republic is not so convenient any longer...
read moreWustenrot pojistovna increased premiums by 27.4% in 2009
March 16, 2010 | 01:15am CEToriginalThe insurance company, specializing in non-life insurance, increased the number of concluded contracts by 12.5% last year. The number of active contracts at the end of the year...
read morePorsche to hold spring maintenance check-up in Czech Rep by end of April
March 16, 2010 | 01:06am CEToriginalAt the same time, a Porsche owner can have air conditioning cleaned and filter replaced for a special price…
read moreNumber of car thefts in Slovakia fell by 7.8% in 2009, by 22.5% in Czech Rep
March 16, 2010 | 12:59am CEToriginalThe rate of clarified cases rose to more than 25% in Slovakia and reached 16% in the Czech Republic. Interest of thieves in particular brands...
read moreConsumers Defence Association: Consumer credit act has several shortcomings
March 16, 2010 | 12:46am CEToriginalThose are, for example, in the so-called arbitration clauses, according to SOS. The law apparently does not solve or protect the client from excessive indebtedness...
read moreBritain to provide loan guarantees for local division of General Motors
March 16, 2010 | 12:38am CEToriginalThe government will provide guarantees of EUR 290 million for Vauxhall, a British brand of the German carmaker Opel...
read moreVolume of loans provided by Cetelem fell by 28.7% in Czech Rep in 2009
March 16, 2010 | 12:23am CEToriginalHowever, the decline of financing of passenger cars and commercial vehicles was more dramatic—by 62.1%. Over 12% of clients borrowed to buy a car...
read moreCCS: Fuel prices in Czech Rep rising three weeks in a row, up in Slovakia as well
March 16, 2010 | 12:11am CEToriginalPetrol Natural 95 went up by 27 hellers on average, diesel by 11 hellers at the Czech petrol stations. This week’s development...
read moreTwo importers finalizing preparations for Isuzu pick-ups and medium-sized trucks entrance to Czech Rep
March 15, 2010 | 03:19am CEToriginalAt the same time, sales of pick-ups will also start in Slovakia, trucks will follow later. Prices, specifications, dealer network, brand finance...
read moreIndian electric car manufacturer Reva aims to build plant in Europe, Slovakia being considered
March 15, 2010 | 03:03am CEToriginalA capacity of the currently built plant in India, two models NXR and NXG, rental of the lead acid or Li-ion batteries, prices and dealer network in Europe...
read moreMatula (UniCredit Leasing): February and March show slight recovery in car segment
March 15, 2010 | 02:50am CEToriginalThe company expects growth in operating leases this year and wants to offer it to private individuals. It will deepen cooperation with the bank...
read moreSkoda Auto's operating profit fell by 64.1% in 2009, at revenues decline by 7.1%
March 15, 2010 | 02:34am CEToriginalThe carmaker’s sales fell by 11.9%, production by 1.2%. However, deliveries to customers rose by 1.4%, being caused by the Chinese market. Production of individual models...
read moreLouwman started Ford cars’ sale in Czech Rep, reopening this brand’s showroom in Pribram
March 15, 2010 | 02:13am CEToriginalIt is the first activity of the company Louwman regarding the Ford brand in Europe. The navigation to selected models for free, spring service action...
read moreOpel used non-standard marketing tool - web attacked by hacker in Czech Rep
March 15, 2010 | 01:58am CEToriginalIn this way, the company launched the action model Corsa 111 onto the market. The campaign increased traffic of the website Opel.cz instantly by...
read moreCSOB Pojistovna: Number of claims in non-life insurance increased by 5% in 2009
March 15, 2010 | 01:42am CEToriginalThe largest part has been created by damages from the motor insurance, namely 55%. The course of the number of claims corresponds with the statistics of insurance frauds...
read moreVolkswagen’s net profit down by 80.6% in 2009, at revenues decline by 7.6%
March 15, 2010 | 01:20am CEToriginalIn 2010, the carmaker expects a growth of sales, revenues and operating profit. The global market will grow slightly this year, to the level before the crisis it is going to get in…
read mores Autoleasing started to offer financial leasing with residual value
March 15, 2010 | 01:00am CEToriginalThe company is therefore responding to the decline in interest in finance leases. Advantages of the residual value and possibilities of product parameters’ choosing…
read moreFiat offers selected models with free air conditioning in Czech Rep, scrap bonus extended to end of March
March 15, 2010 | 12:47am CEToriginalThe scrap bonus of CZK 12,000 to CZK 50,000 can be applied to seven models. Panda, Punto, Linea and Bravo with an air conditioning included are available from…
read moreNumber of road accidents reported to Generali grew more slowly than amount of their losses in 2009
March 15, 2010 | 12:35am CEToriginalInsured losses of vehicles with a damage to and over CZK 100,000, the proportion of damage liability and accident insurance, results in different regions...
read moreSkoda Auto plans three extra Saturday shifts in production of models Superb, Yeti and Roomster in Q2
March 11, 2010 | 10:58pm CEToriginalThese are models produced at the Kvasiny plant. The Fabia model remains unchanged. Most contracts are now for the Superb Combi...
read moreAuto - Promato opened new showroom in Ceske Budejovice
March 11, 2010 | 10:25pm CEToriginalThe company moved the sale there from a different place in the city. The company offers new and used cars in particular of the brands Audi, BMW, Mercedes-Benz and Volkswagen…
read moreCredium concluded 11,779 new contracts in 2009, branded financing constituted 20% of contracts
March 11, 2010 | 10:00pm CEToriginalThe company, focusing on financing of vehicles, increased penetration of the Fiat Group brands. The structure of segments, financial products, customers, car brands...
read moreVolkswagen employees joined strike alert in Slovakia
March 11, 2010 | 09:47pm CEToriginalThey are reportedly asking for an increase of wages of 3.6%. By the strike alert, the unions also want to appeal on other employees in all regions...
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