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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
Skoda Fabia III: Carmaker launched sale in Czech Rep, with 5-year warranty almost for free
October 30, 2014 | 03:06am CEToriginalEngines, technologies, equipment, prices of the hatchback and estate, sales plans, launch in other markets, glass suppliers, production of the second generation, MirrorLink and SmartGate for further models...
read moreFiat Chrysler Automobiles to sell Ferrari to FCA owners and to launch brand on stock exchange
October 30, 2014 | 02:50am CEToriginalStock shares, stock exchanges for Ferrari IPO, obtaining funding for the group development, the issue of convertible bonds, exchange of the Ferrari CEO, financial results of FCA...
read moreVosicky: Hyundai plans to increase its market share in Czech Rep to 15% by 2018
October 30, 2014 | 02:42am CEToriginalThe current share, growth segments, purpose registrations, alternative drives, unification of used car sales programs under one brand...
read moreCitroen offers credit with 0% interest for up to 3 years in Czech Rep
October 29, 2014 | 11:51pm CEToriginalAccident insurance with 0% participation in home service shop within Citroen Insurance and Peugeot Insurance, partners, a free IdealDrive service agreement for the C1...
read moreSehnal (SPGroup): Slavia Pojistovna currently not for sale
October 29, 2014 | 12:23am CEToriginalHowever, SPGroup reportedly continues to offer the oldest Czech insurance company and one bank helps with that. The plan to boost profitability, capital increase, the dispute with the CNB...
read moreYou+ Nissan: Nissan introduces loyalty program for car owners in Europe
October 29, 2014 | 12:13am CEToriginalThe process of implementation in various regions, discounts on maintenance according to the age of the car, registration accompanied by a contest, mobile application, service shops involved, QX Program...
read moreHavex opened its first Skoda showroom according to new concept in Czech Rep
October 29, 2014 | 12:01am CEToriginalThe location, a microsite with advice regarding the purchase, maintenance and operation of a car, a 5-year warranty free of charge on new and nearly new Skoda and Seat cars...
read moreAudi Connect: Audi started to provide free online updates for navigation maps for 3 years
October 28, 2014 | 11:53pm CEToriginalThe models involved, the required technological equipment of vehicles, alternative options for updating map data...
read moreToyota to end cooperation with Tesla Motors
October 28, 2014 | 11:47pm CEToriginalSale of shares of Tesla, reviewing investments, the results of existing cooperation, negotiations on a new contract...
read moreTakata and several carmakers face lawsuits in USA because of scandal with airbags
October 28, 2014 | 11:40pm CEToriginalThe legal action for concealment of information, the automakers involved, individual and collective actions, deaths and injuries, the brands changing airbags...
read moreTatra agreed with unions of two subsidiaries on wage addendum to collective agreement
October 27, 2014 | 02:42am CEToriginalDetails of the wage agreement, the increase in the variable component tied to quality, revenues and EBITDA, validity, cancellation of the planned strike...
read moreDaimler sold its stake in Tesla Motors
October 26, 2014 | 11:52pm CEToriginalHowever, cooperation of both carmakers will apparently continue. The transaction price, current and upcoming Mercedes, Smart and Fuso EVs and HEVs, timing...
read moreChamber of Deputies postponed vote on abolition of contribution for uninsured vehicles in Czech Rep
October 26, 2014 | 11:37pm CEToriginalReasons, timing, the proposal for the extinction of the CKP right to enforce the contribution to the guarantee fund after three years, problematic semi-transfers of vehicles...
read moreSDA: Forty HEVs and twelve EVs registered in Czech Rep in September 2014
October 26, 2014 | 11:23pm CEToriginalThe registry also included 211 vehicles powered by CNG and 69 cars on LPG. Leaders of alternative drive systems, another Lexus hybrid, results in Q1-3...
read moreEmployees of two subsidiaries of Tatra planning another strike
October 24, 2014 | 01:39am CEToriginalThis happened after the failure of the warning strike. Dates, details of the dispute, the company’s and intermediary’s statements, wage levels, backup solutions of the truck maker...
read moreSwell introduced expansion plan by 2018
October 24, 2014 | 01:26am CEToriginalDetails of a 5-year strategy, relocation of one facility, extension of R&D centre, HR, tenders for a number of positions, subcontract works, new technologies...
read moreVolvo Car to increase production in Sweden
October 24, 2014 | 01:09am CEToriginalLocation, reasons, new facility, measures, HR, revised working agreement, timing, sales results and outlook…
read moreEmployees of Tatra’s two subsidiaries to strike
October 23, 2014 | 04:32am CEToriginalThe strike does not apply to the production of vehicles. The term, length of the warning strike, the reasons, attitude of the company...
read moreArval Club: Arval extends benefits for employees of clients in Czech Rep
October 23, 2014 | 04:23am CEToriginalA discount on taxi and car transport, a credit card with discounts at gas stations, partners, the number of members after the first year of the program...
read moreDaimler is said to negotiate purchase of stake in MV Agusta motorcycle manufacturer
October 23, 2014 | 04:11am CEToriginalThe share and its alleged value, possible reasons for the acquisition, the current majority owner...
read moreVigo Investments to change name of Czech branch of Triglav
October 21, 2014 | 10:29pm CEToriginalThe timing, transaction price, acquisition sphere of Vigo Investments’ interest...
read moreAutocentrum Barth expanded portfolio with one more brand
October 21, 2014 | 10:19pm CEToriginalAcquisition of the showroom, the location, selling company and its results, the first non-European brand, the only fleet centre of this brand in the Pardubice Region...
read moreVolvo Car launched sale of HEVs in Czech Rep
October 21, 2014 | 10:07pm CEToriginalThe first model, next plug-in hybrids, parameters and prices, eight-speed automatic transmission Aisin, network of charging stations at dealers, first instalation...
read moreRonal acquired new client, production to be ensured in Czech Rep
October 21, 2014 | 12:50am CEToriginalIt is a large carmaker producing in Central Europe. Expansion of one plant, production growth, HR, timing, clients of the largest manufacturer of aluminium wheels in the world...
read moreLedvinkova (Baker & McKenzie): Group of businessmen and lawyers blackmailed automotive suppliers in Czech Rep for over 10 years
October 21, 2014 | 12:23am CEToriginalThe amount of damage, actions for fictitious debts, abuse of lien, possible defence against mould blocking, failure to use the courts and their interim measures...
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