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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
Jaguar Land Rover wants to double production in UK by 2020
June 20, 2017 | 03:08am CEToriginalAt the same time, the company wants to hire several thousand people, especially technical specialists. Business and financial results, investments in FY 2017/2018...
read moreFour automakers settled Takata airbags lawsuit in US
June 20, 2017 | 02:55am CEToriginalBMW, Toyota, Mazda and Subaru have agreed on an out-of-court settlement of thus mass lawsuit. The lawsuits filed against Honda, Ford and Nissan have not yet been settled by such an agreement...
read moreBMW Group began to provide tyre insurance in other countries in Europe
June 20, 2017 | 12:05am CEToriginalPartner, states, models, conditions, insurance period, price, insurance cover, first model with optional runflat tires...
read moreNew Mazda dealership opened in Czech Rep
June 18, 2017 | 11:26pm CEToriginalLocation, company and its other activities, history of the showroom, managing director, website...
read moreBMW launched sale of EVs in Slovakia
June 18, 2017 | 10:22pm CEToriginalModels and prices, dealers and service shops in several cities, service contract included, battery warranty, government subsidy program for EVss and HEVs...
read moreBosch to reportedly build new plant in Europe
June 15, 2017 | 11:52pm CEToriginalThe firm has not confirmed the information. Alleged location, amount of investment, products, timing, HR, subsidies, alliance with Daimler...
read moreDieselgate: Volkswagen to provide additional warranty for emission-affected cars in Europe
June 15, 2017 | 11:43pm CEToriginalDuration of the warranty, limitation, Muller's complaint about Mrs Jourova, limited space of the Euro commissioner to create pressure on the automaker...
read moreAutoBinck hired experienced automotive strategy specialist
June 15, 2017 | 12:16am CEToriginalPreviously, he worked for Porsche Engineering, Boston Consulting Group and Ricardo Strategic Consulting. His profile, new position, division...
read moreVolkswagen trade unions announced strike date in Slovak plants
June 14, 2017 | 11:57pm CEToriginalEmployee support rate, estimated participation in Bratislava, situation in other factories...
read moreLegends 2017: Attendance achieved organizer's expectations and surpassed last year's record
June 13, 2017 | 11:26pm CEToriginalThe number of exhibited cars and motorcycles, Czech exhibition premieres, the oldest exhibit, awards, a check for a hospital, preparation of the 5th year...
read moreOpel's head resigned before finishing sale of company to PSA
June 12, 2017 | 11:22pm CEToriginalKarl-Thomas Neumann, however, thinks the sale of Opel is the right thing to do. Successor, Neumann's further direction, the transaction completion...
read moreToyota sold its remaining stake in Tesla
June 12, 2017 | 11:06pm CEToriginalThe amount of the share, the end of cooperation between the two automakers, the different orientation in the field of drives, the increase in the insurance rates for Tesla cars, the value of the company...
read moreTrade unions in Volkswagen plants in Slovakia prepare strike
June 12, 2017 | 12:02am CEToriginalThe crash of the negotiation with an intermediary, the offer of the carmaker, the requirements of the trade unions, the PSA agreement in Trnava...
read moreCar and van sales in Russia up by 14.7% in May
June 9, 2017 | 03:53am CEToriginalThird growth in a row, results in 5 months, demand for individual brands and models, AEB comment...
read moreTesla considers building second car plant
June 8, 2017 | 12:07am CEToriginalCapacity fulfilment of the Fremont factory, planned models of cars and commercial vehicles, timing, vision of construction of other battery plants...
read moreLegends 2017: Fourth year to be attended by more than 15 automakers and dealers again
June 7, 2017 | 11:40pm CEToriginalDate, main themes, exhibitors, presented brands, exhibits and their value, guests, partners, clubs, official car...
read moreBosch to take over Italian supplier responsible for loss of BMW production
June 6, 2017 | 11:38pm CEToriginalThe profile of a downsizing family company, Albertini Cesare, products and clients, unpublished transaction value likely reflecting penalties for supply outages...
read moreSDA: New car registrations in Czech Rep rose by 11% to new record in May
June 6, 2017 | 12:02am CEToriginalGrowth was driven by Skoda, Dacia, Ford, Toyota, BMW and Nissan. Return to growth after the April drop, development in commercial vehicles, results for 5 months...
read moreMedea Research: Sales of new cars in Czech Rep increased by 10% in May 2017, registrations returned to growth
June 5, 2017 | 07:57am CEToriginalSales growth was driven by Skoda, Toyota, VW, BMW, Dacia and Fiat. Development in vans, growth of special-purpose registrations, results for 5 months...
read moreDieselgate: Lawsuit filed in USA accuses GM of emission fraud
June 5, 2017 | 07:54am CEToriginalModels concerned, number of vehicles, years of production, owner and lessor requirements, reaction of the automaker...
read moreEmil Frey moved training centre for Peugeot, Citroen and DS in Czech Rep
June 1, 2017 | 11:45pm CEToriginalThe new location of the center for training employees of the Czech dealer network, reasons for moving...
read moreSDA: 222 HEVs and 24 EVs registered in Czech Rep in April
May 31, 2017 | 11:31pm CEToriginalThere were also 187 CNG-powered cars and 79 LPG cars added to the registry. Leaders of alternative drives, results in 4 months...
read moreACEA: Car sales in EU down by 6.6% in April
May 31, 2017 | 12:09am CEToriginalFirst fall after five months of growth, Easter effect, results in individual countries, Central European demand, sales of carmakers, KPMG comment and outlook...
read moreSales of Volkswagen Group fell by 1.4% in April
May 30, 2017 | 11:56pm CEToriginalFirst drop after one month of growth, demand in individual markets, growth in Russia and China, sales of individual brands, results over 4 months, commentary...
read moreCar sales in Russia rose 6.9% in April
May 30, 2017 | 11:44pm CEToriginalSecond growth in a row, results in 4 months, Skoda sales, AEB comment...
read more
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