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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
Vehicle Segment
sAutoleasing slowly entering operating lease in Czech Rep
April 21, 2015 | 02:01am CEToriginalSo far, it has been providing operating leases to corporate clients of Ceska sporitelna only. Partner, business results, credit Puzzle with elements of operating lease…
read moreAutomotive CEE Day 2015: More carmakers and suppliers applied for contracting meeting in Poland
April 20, 2015 | 11:56pm CEToriginalThese are Volkswagen/Audi, DAF and Kirchhoff Automotive. The number of participants and appointments…
read moreSaar Gummi plans new investment in Czech Rep
April 19, 2015 | 11:56pm CEToriginalLocation, extent and amount of the investment, timing, insourcing of one activity, savings, supplies to plants within the group, sales to other companies...
read moreKia Motors to expand engine production in Slovakia
April 19, 2015 | 11:47pm CEToriginalThe introduction of a third shift at the Zilina plant, timing, HR, supplies of engines for Hyundai...
read morePiech (Volkswagen): I am keeping myself at a distance from Winterkorn, main brand VW is not doing well
April 19, 2015 | 11:35pm CEToriginalMeeting of the Steering Committee of the Supervisory Board, possible changes in the Supervisory Board, speculation about the contract extension of Winterkorn and eventual successor...
read moreOne manager left Czech branch of Hertz Lease
April 17, 2015 | 12:17am CEToriginalThe manager and his professional career, position, timing, his new place of work...
read moreCar sales in EU up by 10.6% in March
April 17, 2015 | 12:04am CEToriginalThe market is growing 19 months in a row. Results in individual countries, registrations in Q1, sales of Skoda, return to more expensive cars, comment and production outlook of PwC for 2015...
read moreAnother manager to leave Czech representation of Hyundai Motor
April 16, 2015 | 11:56pm CEToriginalThe manager and his professional career, position, timing, successor...
read moreFutaba strengthens European sales team, focusing on non-Japanese carmakers
April 15, 2015 | 11:17pm CEToriginalThe share of Toyota Group on sales, plans, PowerEV, existing and new clients of the Czech plant, production, investments, HR, business results, strategy Vision 2020...
read moreCollective bargaining at Czech plants of Skoda Auto began to influence production
April 15, 2015 | 11:03pm CEToriginalCancellation of several shifts, employee participation in protest, the current union wage demand, outsourcing and flexible accounts, several-day-long strike threat, the next negotiation...
read more2015 Bratislava Motor Show: 21 exhibitors to present 29 car brands
April 15, 2015 | 10:43pm CEToriginalThe carmakers, distributors and dealers concerned, the return of Audi and BMW brands, more modest Exclusive Salon, testing of EVs, a delegation from Taiwan...
read moreCzech leasing and finance association to be led by Jirina Tapsikova from SkoFIN next two years
April 15, 2015 | 12:05am CEToriginalThis will be her third term of office. Recent changes and expansion of the CLFA Board with representatives of Societe Generale and Erste...
read moreFord to take control of its loss-making JV in Russia
April 14, 2015 | 11:54pm CEToriginalAt the same time, the carmaker will provide Ford-Sollers with financial support. Preferential shares, the possibility of controlling the joint venture, sales in Q1...
read moreFleet of the Year 2015: Volkswagen Passat became fleet novelty of the year in Czech Rep
April 14, 2015 | 11:47pm CEToriginalSkoda, Volvo, Hyundai, VW and Fiat vehicles won in individual categories. BMW, Opel, Ford, and Mercedes also succeeded. Details of the new major category...
read moreSociete Generale appointed new head of Essox
April 14, 2015 | 02:02am CEToriginalRenaud Stern goes within the Consumer Finance division to another European country. The new General Manager of the Czech branch of the credit company will be...
read moreUnion: Skoda Auto employees with sanctions for demonstration
April 14, 2015 | 01:42am CEToriginalThe carmaker denied that and added it only sent employees instructions for participation and continues to co-operate in providing the event...
read moreEurop Assistance appointed new Sales Director for Czech Rep and Slovakia
April 14, 2015 | 01:31am CEToriginalHe came to the leading assistance service from a telecommunications company. The manager and his career, Jakub Hodanek...
read more2015 Bratislava Motor Show: Taiwanese companies seeking business opportunities in CEE
April 12, 2015 | 11:50pm CEToriginalTrade mission of Taiwan in Slovakia, organizer, products especially for aftermarket, increasing export of Taiwanese auto parts...
read moreAutocentrum Barth won major contract from Erste in Czech Rep
April 12, 2015 | 11:39pm CEToriginalFleet renewal not only of Ceska sporitelna, the number of vehicles, brands and models, several-year contract, other corporate clients, annual fleet sales...
read moreVitkovice Machinery Group to convert company fleet to CNG, opting for Skoda brand
April 12, 2015 | 11:28pm CEToriginalModels, the number of cars, timing, suppliers-dealers, a record CNG contract for Skoda Auto, remarketing of CNG vehicles, expansion of the network CNGvitall filling stations in the Czech Republic...
read moreCSU: Car prices in Czech Rep stagnated m/m in March 2015
April 12, 2015 | 11:14pm CEToriginalOnly service works became more expensive. Prices of new cars, used cars, motorcycles and spare parts; y/y development...
read more2015 Bratislava Motor Show: 32 brands to introduce over 70 Slovakia’s premieres
April 10, 2015 | 02:04am CEToriginalGreat representation of premium and exclusive brands, Exclusive Salon, test drives, conferences on aftermarket, balance of 2014...
read moreVolkswagen to build new body shop in Slovakia
April 10, 2015 | 01:51am CEToriginalInvestment amount, timing, production for Bentley, HR, production of the Bratislava plant in 2014...
read moreTrade unions at Skoda Auto’s Czech plants announced strike alert
April 10, 2015 | 01:42am CEToriginalDate and locations of planned protests, possible restrictions on the production, the carmaker’s wage proposal...
read moreTomas Velek to become new head of Audi in Czech Rep
April 9, 2015 | 12:48am CEToriginalAfter ten years, he is coming back to the Volkswagen Group, where he has already worked with the Audi brand. Thomas Otter...
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