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ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025
October 14, 2024 | 02:56pm CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)
October 14, 2024 | 02:52pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend
October 14, 2024 | 02:47pm CETflashread more
The Extra Mile by Equip Auto 2024: Equip'Auto SAS to hold conference on automotive aftersales, services in Paris, France on October 16. Representatives of BMW Group, Renault Group, Stellantis, Continental Automotive, Forvia, Valeo, Allianz, Capgemini, Inovev, LKQ, Mobilians, Orsay Consulting, Solera, FIEV, FIGIEFA, France AutoTech, PFA to speak at event
October 11, 2024 | 10:57am CETflashread more
Floods in Czechia: Pillow Pojišťovna registered 589 claims (including 32 damaged vehicles) in expected volume of tens of millions of korunas (millions of euros) until September 20, 6:00pm. Insurance company estimates total number of damages from high water at less than 1,000
October 11, 2024 | 10:41am CETflashread more
Mondial de l'Auto Paris 2024: BMW Group (BMW, Mini, BMW Motorrad), Chery (Moke), Dongfeng (Forthing), GM (Cadillac), Renault Group (Renault, Renault Pro+, Dacia, Alpine, Mobilize), SAIC (Maxus), Seres/Huawei (AITO), Stellantis (Alfa Romeo, Citroën, Peugeot, Leapmotor), Volkswagen Group (VW, Audi, Škoda, Mobility Solutions), Aixam-Mega, BYD, Dangel, Delage, Devalliet, Devinci, Eon Motors, Ford, GAC, Hongqi, Iveco, Kia, Kilow, Ligier, Lormauto, Microlino, Pantore, PGO, Pilotcar, Skyworth, Softcar, Tesla, THK, XPeng, Automotive Cells Company (ACC), Alpitronic, AutoScout24, Crédit Agricole Personal Finance & Mobility, Cybex, Deloitte, Eaton, EDF, Ekoenergetyka, Engie, Forvia, Schneider Electric, STMicroelectronics, TotalEnergies, Valeo, Vinci Autoroutes, Xing Mobility to join Paris Motor Show in France (October 14-20)
October 10, 2024 | 12:26pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.3% m/m in September, by 1.7% y/y (new: -0.1%, +1.6%; used: -0.4%, -3.9%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.1%, +0.0%), spare parts and accessories (+1.1%, +5.9%), fuels and oils (-4.8%, -11.2%), maintenance and repairs / service works (+0.2%, +8.5%)
October 10, 2024 | 12:12pm CETflashread more
National Development Bank (NRB) accepted applications for 4,686 electric vehicles (4,684 passenger cars, 2 trucks up to 4,25 tonnes), 1,937 charging stations (1,775 AC, 89 DC up to 40 kW, 71 DC above 40 kW) in Czechia during almost six months (26 weeks, March 18 – September 11) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Plan to subsidize 4,055 ZEVs and 1,500 charging points fulfilled ahead of time, we currently anticipate 6,000-7,000 supported vehicles and 2,200-2,300 charging points, Muřický (MPO) said
October 10, 2024 | 12:04pm CETflashread more
Trends in Insurance Industry of Czechia & Slovakia 2024: Conforum to hold 10th conference on Czech, Slovak insurance market in Prague, Czechia on October 24. Representatives of Colonnade Insurance, Kooperativa, ČPP (Česká podnikatelská pojišťovna), BNP Paribas Cardif, Uniqa, Slavia Pojišťovna, Pillow Pojišťovna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event
October 9, 2024 | 11:47am CETflashread more
PwC revised 2024 Czech new car registrations forecast from 225,000-235,000 units (+2% to +6%, 2023: 221,422) to 225,000-227,000 units (+2% to +3%), based on development to date (Q1: +2.2%, Q2: +4.1%, Q3: +1.5%). Demand for cars is still affected by weaker economic growth. Currently, however, we are already observing gradual small improvements – in particular, decrease in inflation and interest rates together with moderate economic growth, Štefek said, adding that GDP in Q2 2024 increased by 0.6% y/y and stronger growth of Czech economy is expected as late as 2025 (2.7-2.8%)
October 9, 2024 | 11:38am CETflashread more
Expected development of automotive industry in Czech Republic and in world 2024: 21st automotive conference to take place in Brno, Czechia on October 23. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Stellantis Slovakia, Kia Slovakia, Tatra Trucks, SOR Libchavy, Valeo, Vitesco Technologies, Plastika, Fanuc, Adastra, Technodat, Dytron, Minerva, 3Dwiser/Admasys, Ekomaziva, Tedom Energie, KPMG, Accenture, Enovation, ČNB (Czech National Bank), ČEB (Czech Export Bank), EGAP (Export Guarantee and Insurance Corporation), MPO (Ministry of Industry and Trade of Czech Republic), Time & Space Ukraine to speak at event
October 8, 2024 | 08:57am CETflashread more
Atlas Copco acquired assets of Mont-Tech (manufacturer of assembly automation machines and systems with 27 employees in Brno, Czechia; customers: Cooper-Standard Automotive Czech Republic, Inergy Automotive Systems Slovakia/Plastic Omnium Auto Inergy Slovakia, ITW Pronovia, Adient Interiors, Adient Czech Republic, Siemens Elektromotory, Volkswagen Slovakia; revenues of EUR 3.5 million in 2023), integrating them into Motor Vehicle Industry (MVI) Tools and Assembly Systems division belonging to Industrial Technique business unit
October 8, 2024 | 08:52am CETflashread more
Another subjects
Krob: Czech market to reach record in 2015, as well as Mitsubishi sales
December 30, 2015 | 01:17am CEToriginalJ.D. Power analysis until 2022, demand for the Outlander, facelift of the third generation, extended warranty on the hybrid, LPG version...
read moreIrena Bandova to leave Porsche Inter Auto
December 29, 2015 | 01:31am CEToriginalShe has been working at the largest dealer of Volkswagen Group brands in the Czech Republic for seven years. Her successor comes from Germany...
read moreZouhar (PwC): Sales of new cars in Czech Rep to increase by 14% in 2016
December 23, 2015 | 01:39am CEToriginalThe record year of 2015, reasons, the expectations of the Czech economy development in following years, KPMG outlook for the European market...
read moreACEA: Car sales in EU rose by 13.7% in November
December 15, 2015 | 11:13pm CEToriginalThe market has thus been growing for 27 months in a row. Results in individual countries, sales of automakers, Volkswagen Group's growth, demand over the first 11 months, KPMG comment...
read moreFord, IHS Automotive: Mustang world’s best-selling sports car in H1
December 9, 2015 | 11:31pm CEToriginalGreat demand in a new market in Europe; demand for various colours, bodies, engines and transmissions; business results in the Czech Republic...
read moreLMC Automotive: Car sales in Western Europe to increase by 3% in 2016
December 7, 2015 | 11:17pm CEToriginalImprovement of the outlook for 2015, the results in November, registrations on five major markets, the demand for the Volkswagen Group vehicles...
read moreSDA: New car registrations in Czech Rep up by 24.8% in November
December 3, 2015 | 10:59pm CEToriginalGrowth was driven by Skoda, Hyundai, BMW, VW, Renault, Ford, Nissan, Suzuki, Audi and Citroen. Low-cost brands Dacia and Lada did not show good results. Development of commercial vehicles, comments and views of PwC...
read moreAAA Auto appointed new CFO
November 30, 2015 | 11:55pm CEToriginalHe came to the company from the telecommunications industry, previously having worked at PwC. Details...
read moreMedea Research: Sales of new cars in Czech Rep up by 9.2% in October
November 29, 2015 | 10:59pm CEToriginalGrowth was driven by Skoda, VW, Nissan, Kia, Peugeot, Renault, BMW, Mercedes and Toyota. Development in vans, registrations, results in the first 10 months...
read moreNational Action Plan for Clean Mobility: Czech government to approve low-emission transport development strategy
November 18, 2015 | 11:01pm CEToriginalTiming, promotion of alternative drives (BEV, PHEV, CNG, LNG, FCEV), infrastructure development, types of aid, budgets, NAP CM financing, goals for 2020, prediction of CPS and Roland Berger...
read moreLMC Automotive: Car sales in Western Europe up by 2.7% in October
November 5, 2015 | 11:41pm CEToriginalRegistrations in the five largest markets rose slightly, while demand for the Volkswagen Group cars declined slightly. Details...
read moreSDA: Registrations of new cars in Czech Rep up by 10.5% in October
November 4, 2015 | 11:09pm CEToriginalGrowth was driven by Skoda, VW, Ford, Seat, Audi and Kia brands. Adjusted data for short-term registrations, development of commercial vehicles, comment and view of PwC...
read moreALD Automotive Fleet Awards 2015: Winners of eighth year are Daimler, LeasePlan, Allianz, ALD, Elit and Toyota
November 4, 2015 | 12:10am CEToriginalFleet muses in the Company Car of the Year in the Czech Republic were given to Skoda (5), Mercedes (3), Ford (2), VW (1), Volvo (1) and Renault (1). Managers of the Year...
read moreAutoSympo 2015: Symposium on alternative drives and R&D to be held in Czech Rep
November 3, 2015 | 11:50pm CEToriginalFocus on gas and electric propulsion, the cancellation of registration fee, speakers from Skoda, Iveco, SOR, TUV Sud, TUV Nord, LeasePlan, CzechInvest and RWE...
read moreTUV Nord changed organizational structure in Czech Rep
November 3, 2015 | 12:15am CEToriginalSorting into divisions, the new Director of Transportation and his competence...
read moreManager with experience from consulting firms joined AAA Auto
November 2, 2015 | 11:37pm CEToriginalHe will be responsible for the international expansion and the creation of new business activities. The manager and his profile...
read moreMuller: Volkswagen to introduce new strategy by 2025
November 1, 2015 | 10:35pm CEToriginalReplacement of Strategy 2018, a greater emphasis on quality rather than volumes, revision of the model portfolio, the alleged end of the Skoda Roomster, two US companies hired to investigate Dieselgate...
read moreMedea Research: Sales of new cars in Czech Rep up by 16.9% in September
October 29, 2015 | 11:08pm CEToriginalGrowth was driven by the Skoda, VW, Nissan, Dacia, Ford, Mercedes, Peugeot and Fiat brands. Developments in vans, registrations, results in Q1-3...
read moreACEA: Car sales in EU rose by 9.8% in September
October 18, 2015 | 11:06pm CEToriginalThe market has thus been growing 25 months in a row. Results in individual countries, sales of automakers, demand in Q1-3, KPMG comment, influence of Dieselgate...
read moreEurotaxGlass: Dieselgate not affected prices of used Volkswagen Group diesel cars in Europe yet
October 14, 2015 | 11:29pm CEToriginalHowever, it might change, according to the company. A survey in 30 countries, the reaction of dealers to the scandal with emissions...
read moreTUV Sud: New Volkswagen Group vehicles meet emission standards
October 13, 2015 | 10:58pm CEToriginalTested models, other upcoming tests (simulating real traffic, cars of other brands), European activities, AutoSAP comment on the CO2 and NOx emissions…
read moreAlain Visser to move to another position within Geely Group
October 7, 2015 | 11:28pm CEToriginalThe new head of the sales department at Volvo Cars has been appointed a manager of the firm cooperating with the automaker. Details...
read moreSDA: Registrations of new cars in Czech Rep up by 14.5% in September
October 6, 2015 | 02:47am CEToriginalGrowth was driven by Skoda, VW, Nissan, Dacia, Seat, Mercedes and Audi. Data adjusted for short-term registrations, the development of commercial vehicles, errors in DS brand statistics, comment and an improved outlook of PwC...
read moreDieselgate: Czech Rep to perform emission tests of selected Volkswagen Group cars
September 30, 2015 | 11:00pm CEToriginalCollaborating testing room, the engines and cars (Skoda, VW, Seat, Audi) concerned, solutions, voluntary recall, behaviour at MOTs, the impact on remarketing...
read moreMedea Research: Sales of new cars in Czech Rep up by 37.7% in August
September 28, 2015 | 10:41pm CEToriginalThe growth was driven by Skoda, VW, Ford, Hyundai, Opel, BMW, Renault, Nissan and Peugeot. Kia did not post good results. Developments in vans, registrations, results over the first eight months...
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