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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) 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). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Another subjects
German government willing to accept offer for purchase odf Opel submitted by RHJ under certain conditions
August 28, 2009 | 10:40am CEToriginalThe improved management of General Motors in the last months does not force the US carmaker to sell Opel…
read moreSales of passenger cars in China up by 70.5% in July
August 14, 2009 | 10:42am CEToriginalThe overall sales of cars including trucks and buses went up by 64%. Demand for new cars was boosted by tax lowering and government support…
read moreKord group including supplier of tire manufacturer Kordarna for sale
August 10, 2009 | 03:23pm CEToriginalAt the same time, the company will work on reorganization in order to get out of the bankruptcy. Over 10 investors have already expressed interest in Kordarna...
read morePwC: The most favourite domestic company for Germans is newly Volkswagen
August 10, 2009 | 01:38pm CEToriginalThe carmaker degraded the competing Daimler after two years followed by Siemens and the carmakers…
read moreKPMG: Car interest decline led to significant fall in steel production
July 31, 2009 | 11:58am CEToriginalGlobal steel production has fell by 60 to 70% since 2007. The steel companies see demand recovery...
read moreUSA initiated scrap bonus in support of passenger cars and light commercial vehicles sales
July 27, 2009 | 09:57pm CEToriginalConditions of the program have been established by the government so that sales of local carmakers would be helped too. The amount earmarked for the scrap bonus will run for…
read morePwC: Sales of new and used cars in Russia declined by 55% in H1
July 22, 2009 | 05:57pm CEToriginalAccording to PwC, the Russian automotive market declined by 62% to USD 12.8 billion in H1. This year, PwC expects sales fall by...
read moreTUV Sud merged activities for automotive and other industries and services in Czech Rep
July 1, 2009 | 10:22pm CEToriginalThis should bring greater efficiency and for customers more complex services. The acquiring company TUV Sud Czech has now two divisions...
read moreCebia: 200,000 sold cars per year with lower number on speedometer in Czech Rep
July 1, 2009 | 12:52pm CEToriginalThat is about 40% of all sold used cars. Due to a lower number of kilometres on speedometer the cars are overpriced by...
read moreBrno-based fairs Autotec and Autosalon to might take place together in 2010
June 30, 2009 | 09:11pm CEToriginalThe reason is the current economic crisis. Large majority of this year's Autosalon visitors was satisfied with the fair and is about to come next year...
read morePwC: Tire manufacturers’ revenues fell by about 25% this year, recovery to come in 2011
June 25, 2009 | 05:52pm CEToriginalBarum Continental felt a drop in demand for passenger tires by 10% and by 25% at truck tires this year. The situation should improve in Q3 after the start of deliveries for...
read moreKPMG: Most managers of world insurance companies expect a growth during next 12 months
June 25, 2009 | 03:08pm CEToriginalExpectations of insurance business are good both in the world and the Czech Republic. Managers expect a natural growth and a growth by...
read moreCzech Senate approved anti-crisis packed including scrap bonus proposed by CSSD
June 18, 2009 | 08:59am CEToriginalAccording to specialists from PwC the scrappage scheme gives advantage to some brands and models only, it will affect future sales and contribute to another decline in used car prices...
read moreMann+Hummel coming with new module of diesel fuel filter
June 15, 2009 | 02:04pm CEToriginalComponents of the filter are suitable for all sorts of fuel quality. For the first time, the new system of fuel filtering will be used in a PSA/Ford diesel engine...
read moreMedian: Czechs appreciate scrap bonus but are not likely to buy new car
June 11, 2009 | 11:52am CEToriginalAlmost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
read moreCebia: Autotracer is already used by 30 dealers in Skoda Plus program, about 50 bodies overall
June 7, 2009 | 02:58pm CEToriginalIn the Autotracer system there are already about 100 million records, Cebia aim to get the service data of most of the carmakers by the end of year, including brands...
read moreGeneral Motors filed for bankruptcy today as expected
June 1, 2009 | 11:03pm CEToriginalThe restructured company will manufacture fewer components so that it will be possible to use them in more models. Czech market...
read moreEuro NCAP: Five out of six cars tested with the maximum number of stars, Suzuki Alto failed
May 28, 2009 | 01:58pm CEToriginalFive stars received Audi Q5, Honda Jazz, Hyundai i20, Kia Soul and Peugeot 3008. Suzuki Alto achieved a rating...
read moreCebia launched system allowing to obtain complex information about car’s origin and history
May 27, 2009 | 01:41pm CEToriginalAutotracer system can verify the origin of the car, year of production, service history, or kilometres passed. The price of one car verification is...
read moreCoop to build about 100 filling stations by its stores within 3 years
May 20, 2009 | 08:16pm CEToriginalThe filling stations will be self-service completely. There should be two filling automatic machines at every store. This year…
read moreHouse of Commons approved scrap bonus, double contribution for eco-cars
May 15, 2009 | 04:45pm CEToriginalThe scrap bonus of CZK 30,000 will be paid when buying a vehicle with petrol or diesel engine. Cars with the alternative drive...
read moreGlobus to offer insurance, including car insurance in its hypermarkets
April 22, 2009 | 11:08pm CEToriginalGlobus will be offering household insurance, car insurance and travel insurance in special booths in its stores. The partner will be...
read moreETSC: Safety of new cars sold in Czech Rep under EU average
April 15, 2009 | 06:35pm CEToriginalWhereas 29% of sold passenger cars in the Czech Republic reached five stars in the Euro NCAP crash tests, the EU average is…
read moreMcKinsey & Company: CO2 emissions from passenger vehicles could be reduced by a half in 2030
April 8, 2009 | 11:17pm CEToriginalMcKinsey & Company consultants estimate that greenhouse gas emissions could be cut by 47% in 2030 if...
read morePwC: 2009 to mark lowest global car output since 2001
April 8, 2009 | 06:38pm CEToriginalPricewaterhouseCoopers analysts forecast the global car production in 2009 to drop to 54.9 million units and in the Czech Republic to...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
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Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, November 21, 2024