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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
General Motors reportedly drags out decision on sale of Opel until election in Germany
August 25, 2009 | 01:33pm CEToriginalThe US carmaker wants to sell Opel to RHJ in contrast to the German government. Opel’s works’ council and employees threatened…
read moreJung: Skoda Auto about to increase sales by 50% minimally to more than 90,000 cars in China in 2009
August 24, 2009 | 08:08pm CEToriginalThe introduction of Superb second generation on the Chinese market might also contribute to it. In future, the carmaker aims to introduce in China every year...
read moreMicro-Vett introduced electric car Fiat 500
August 24, 2009 | 07:48pm CEToriginalThis is the first passenger electric car from Micro-Vett, the company has been so far converting utility models only. Price and parameters of the car...
read moreToyota not able to meet demand for hybrids, planning to buy batteries from another entity
August 24, 2009 | 05:19pm CEToriginalThis might be a company Sanyo Electric, which should be taken over by Panasonic. Panasonic has a share in the current battery supplier for Toyota...
read moreImporter of Kia cars into Czech Rep has new PR manager
August 24, 2009 | 02:05pm CEToriginalPatrik Fanc has been replaced by Katerina Vokounova after almost seven years, who has come to Kia Motors Czech from the company…
read moreChrysler’s creditors prosecute former controlling company Daimler
August 24, 2009 | 01:45pm CEToriginalThey blame the German carmaker for taking property fraudulently from Chrysler before its sale to the investment company Cerberus in 2007…
read moreNecessity of grid mounting into utility cars ends in mid-September
August 24, 2009 | 11:45am CEToriginalWhile vans that have already been made with the grid, will have to keep it, additionally mounted partition windows in conversions from passenger cars...
read moreSkoda Yeti after two months of sales in Czech Rep: People awaiting entry-version, no interest in 4x4 drive
August 23, 2009 | 10:24pm CEToriginalThe interest in test runs is great, but orders are still sporadic. The basic version 1.2 TSI (77 kW) has waiting lists at some dealers already...
read moreSchaeffler approached merger with Continental
August 23, 2009 | 06:14pm CEToriginalGerman automotive supplier Schaeffler has agreed to debt refinancing in the amount of EUR 12 billion with...
read moreNew cars not to become cheaper from now on, can become more expensive contrariwise
August 23, 2009 | 05:49pm CEToriginalThe money flow will thus be given by fluctuation of Czech koruna exchange rate. Exceptions can be temporary campaigns in order to…
read moreMacht: Porsche might move to annual sales of 150,000 cars under the wings of Volkswagen
August 23, 2009 | 05:28pm CEToriginalHowever, the carmaker expects car sales fall by up to 30% in the just-finished financial year 2008/2009, therefore to the value of...
read moreAutomotive Lighting to sign up over 100 people in Jihlava due to growing orders
August 21, 2009 | 07:17pm CEToriginalThe company, which is a part of the concern Fiat, dismissed a third of its employees due to crisis. It is signing them up again due to higher demand from carmakers...
read moreTax benefits steeply increased demand for new cars in Greece
August 21, 2009 | 06:43pm CEToriginalSales of new cars went up by 45% in the first half of August. However, on the used car market…
read moreChrysler plans to produce cars of Italian partner Fiat in North America
August 21, 2009 | 10:53am CEToriginalThe first model should be Fiat 500, which Chrysler wants to produce in Mexico. Chrysler considers which other Fiat models should launch the US market...
read moreToyota wants to cease production in joint plant with GM in California
August 21, 2009 | 10:26am CEToriginalA final decision has not been taken yet reputedly; California is trying to persuade Toyota not to shut down the loss-making plant employing 4,500 people. Toyota considers closing the plant in...
read moreHyundai to initiate two-shift operation in Nosovice on September 7
August 20, 2009 | 11:22am CEToriginalThe reason is a planned initiation of serial production of B-segment MPV, which was named Kia Venga. Launching the model on market and its price…
read moreRussia to extend 30% import duty on new cars probably
August 20, 2009 | 10:12am CEToriginalThe measure has had positive impact on Russian automotive segment, according to the government. A decision on extending the duty even after September 1 should be taken…
read moreUS carmaker Ford increases production due to scrappage scheme
August 20, 2009 | 09:51am CEToriginalThe company has increased production plan for Q3 by 10,000 cars to 495,000 cars. Its production should thus raise by 18% y/y. In Q4, Ford expects an increase in production by…
read moreRussia plans on scrap bonus introduction
August 20, 2009 | 09:29am CEToriginalThe system of scrap bonuses could be initiated in January 2010. In exchange for a car minimally 10 years old the government should offer a bonus…
read moreCLFA: Movable asset leasing down by 54.2% in H1, consumer lending by 22%
August 20, 2009 | 08:54am CEToriginalThe number of concluded contracts fell more steeply so an average price of a financed item went up. Specifically, within particular means of financing…
read moreSmaller Russian carmaker IzhAvto proclaimed bankruptcy
August 20, 2009 | 08:34am CEToriginalRoughly 2,000 employees have already agreed to leave the company in exchange for compensation money. The company produces for the carmaker AvtoVAZ but also for…
read moreSaarGummi to invest CZK 100 million in new technology in Czech Rep
August 19, 2009 | 09:22pm CEToriginalAlong with it the company will create 80 new work places. The investment relates to an order for a new model of Mercedes-Benz B-Class, which will come into market in…
read moreKoenigsegg agreed with GM to purchase carmaker Saab
August 19, 2009 | 10:43am CEToriginalKoenigsegg will pay a very small amount of money for Saab because it will also take the carmaker’s old debts over. For a fixed period, Saab will share…
read moreSales of carmaker Volkswagen went up for the third time in sequence in July
August 18, 2009 | 10:27pm CEToriginalThe concern turned profit from strong demand in Germany and China mainly; sales in Europe decreased. Its subsidiary Skoda Auto…
read moreProfit of South Korean carmaker Kia grows faster than of its controlling company Hyundai
August 18, 2009 | 07:49pm CEToriginalThe company’s revenues went up by 11.5% in Q2, its profit quadrupled. During all this year, Kia intends to increase sales to…
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