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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
Automakers
Code of Ethics: Hyundai modified sales conditions in Czech Rep
July 11, 2017 | 11:55pm CEToriginalThis was done on the basis of an antitrust investigation. Details of change relating to brand insurance, financial results of Hyundai Motor Czech in 2016...
read moreCzech antitrust authority imposed fine on two car dealers for cartel
July 11, 2017 | 01:32am CEToriginalOne of them is NH Car. Details of forbidden behaviour, profile of the second company, amount of penalties, reduction of the fine for cooperation with UOHS...
read moreDieselgate: Netherlands to investigate Suzuki and Chrysler for emissions
July 11, 2017 | 01:15am CEToriginalAffected Suzuki and Jeep models, recalls, testing of vehicles of other carmakers, software to protect the engine from damage...
read moreVolkswagen appointed new head of Skoda sales
July 10, 2017 | 01:21am CEToriginalWerner Eichhorn will move to a different position within the group. A new board member of Skoda Auto for sales and marketing comes from Porsche Holding Salzburg...
read moreDieselgate: Winterkorn reportedly knew about manipulations moths before revelation of Volkswagen scandal
July 10, 2017 | 01:03am CEToriginalThe automaker claims that its top management had learned the details of the manipulations only days before the scandal was revealed in the US. Details…
read moreEuropean Commission approved PSA's takeover of Opel
July 7, 2017 | 12:08am CEToriginalThe Commission's decision concerns only automotive activities. The decision regarding the takeover of the financial division...
read moreSMMT: Newly announced automotive investments in UK dropped sharply in H1
July 6, 2017 | 11:55pm CEToriginalThe result of the referendum on Brexit, an estimate for the whole year 2017, the country's attempt to remain a member of the customs union, a fall in car production in April and May...
read moreVolkswagen supposedly overvalued sales
July 3, 2017 | 11:55pm CEToriginalThe automaker did not comment on it. Country, brands, timing, number of cars, departure of head of the local representation...
read moreACEA: Car sales in EU rose by 7.6% in May
July 3, 2017 | 11:34pm CEToriginalReturn to growth, results in individual countries, demand in Central Europe, automakers' sales...
read moreSDA: 270 HEVs and 36 EVs registered in Czech Rep in May
July 2, 2017 | 11:49pm CEToriginal284 CNG-powered cars and 119 LPG cars were added to the registry. Leaders of alternative drives, first Mini hybrid, results over 5 months...
read moreSales of vehicles in China dropped by 0.1% in May
July 2, 2017 | 11:27pm CEToriginalSecond drop in a row, registrations over 5 months, demand for sedans and SUVs, truck sales...
read moreSales of Volkswagen Group up by 3.1% in May
June 30, 2017 | 06:37am CEToriginalFirst growth after one month drop, demand in individual markets, growth in all major regions, sale of individual brands, results in 5 months, comment...
read moreCar sales in US down by 1% in May
June 30, 2017 | 06:22am CEToriginalFifth fall in a row, carmakers’ results, change in the position 1, outlook of LMC Automotive for 2017...
read moreDaimler prepares investment in Czech Rep
June 29, 2017 | 01:22am CEToriginalLocation, distribution and retail division, demand for Mercedes-AMG cars, management of the new regional headquarters for Central Europe...
read moreSales of Skoda cars rose by 2.4% in May
June 29, 2017 | 01:10am CEToriginalThis is the 18th growth in a row. Sales in individual markets, growth in Russia, decline in China, interest in individual models, sale of the Kodiaq SUV for the first three months, comment...
read moreCar sales in Germany rose by 12.9% in May
June 29, 2017 | 12:52am CEToriginalProduction and export also recorded growth. Impact of working days, demand for individual brands, orders, results for five months...
read moreBusinessRent: Business Lease opened car and van rental in Czech Rep
June 27, 2017 | 11:57pm CEToriginalThe fleet including EVs, CNG vehicles and cars for the disabled, prices, benefits, utilization possibilities, Tesla EVs at RentPoint car rental...
read moreNew institute for car emission measurement to be established in Germany
June 27, 2017 | 11:45pm CEToriginalEmissions will be measured in real traffic, not in laboratories. Timing, supervisory board, budget, financing, recent tests by German authorities, consideration of restriction of diesel cars in cities...
read moreVolkswagen agreed with unions of Slovak plants on new collective agreement
June 26, 2017 | 10:29pm CEToriginalThe strike ended after six days and the factory in Bratislava restored full production. Agreement details...
read moreCzech ambassadors in Europe to replace BMWs with Skoda cars
June 25, 2017 | 11:35pm CEToriginalOne Czech brand dealer succeeded in a tender. Models, numbers of cars, frequency of renewal, contract validity...
read moreTesla reportedly to soon close deal to build plant in China
June 22, 2017 | 11:19pm CEToriginalLocation, timing, avoidance of import duty, business results in the country in 2016, entry of Chinese investor...
read moreMBtech to expand one development centre in Czech Rep
June 21, 2017 | 11:31pm CEToriginalLocation, new halls, amount of investment, services, timing, HR, clients...
read moreMitsubishi Motors began to offer branded insurance in Czech Rep
June 21, 2017 | 11:05pm CEToriginalThe partner is Uniqa, which has long-term and rich experience with branded insurance. Details of the cooperation and the product Mitsubishi insurance including PAYD/PHYD…
read moreShandong Linglong Tire wants to build two more plants, one in Europe
June 21, 2017 | 01:36am CEToriginalDetails of the strategy, sites considered, amount of investment, HR, timing, R&D, orders from carmakers and retailers, results in 2016, plan for 2017, targets for 2020...
read moreEmployees of Volkswagen car plant in Slovakia started to strike
June 21, 2017 | 01:18am CEToriginalThe number of participants, impact on production of individual models, absence of agency staff, management response, explosives inspection, situation in other factories, company holiday...
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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)...
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Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
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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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