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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
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 moreGiant project of A. Charouz group in Prague - Sterboholy for several billion crowns to be probably delayed
August 27, 2009 | 09:39pm CEToriginalThe first phase includes a giant showroom with an offer of more than 35 brands and four-star hotel should be originally finished in 2011, but...
read moreToyota to decrease production capacities by up to 10% round the world due to crisis
August 27, 2009 | 12:39pm CEToriginalThe attenuation in three plants in Japan, Great Britain and USA would decrease production capacity by 700,000 cars. Nevertheless, Toyota is said to be considering a stronger cut-down…
read moreState holding Russian Technologies intends to establish new automotive group
August 27, 2009 | 11:46am CEToriginalThis would include Russian carmakers AvtoVAZ and Kamaz. However, Europen carmakers have shares in them...
read moreUOHS re-included company Domansky to Lesy CR tender for 130 off-road cars, and it has won contract
August 27, 2009 | 10:37am CEToriginalOriginal winner, the company Autocentrum Pardubice, failed by a few thousand crowns only. UOHS continues dealing with other controversial tender of Lesy CR...
read moreGeneral Motors may keep Opel, German government denies that
August 27, 2009 | 09:06am CEToriginalAllegedly, GM is considering a way to obtain USD 4 billion—with their help it could afford to keep the loss-making Opel. Head of GM wants to have the plan ready by…
read moreInvestors buy VW shares in Czech Rep by 45% more expensively than in Germany
August 26, 2009 | 08:50pm CEToriginalVW shares transactions are reaching a record level on the Czech stock exchange RM-System. Strong interest has even prevented company Fio from market maker business...
read moreUsed cars’ import to Czech Rep fell by 40% from January to July
August 26, 2009 | 06:21pm CEToriginalThe interest cooling of imported used cars should have been affected by this year's crown weakening against the euro, the introduction of vehicle registration fee, a decrease in new car prices, but also...
read moreGerman automotive specialist: General Motors not to survive without Opel
August 26, 2009 | 11:18am CEToriginalThe reason is that GM needs German engineers and Opel’s know-how. The offer submitted by RHJ is thus more attractive because it assumes…
read moreAlternative in form of consignment sale has proved at AAA Auto
August 26, 2009 | 10:21am CEToriginalThe company began to focus on the consignment sale early this year, when the share was only 2%. However, in August it has already reached...
read moreInsurance companies: The biggest risk of theft for more expensive German cars Audi, Mercedes-Benz or BMW
August 26, 2009 | 09:21am CEToriginalAsian brands are said to be stolen the least. According to some specialists, the highest risk of theft is faced up by owners of…
read moreVolkswagen convenes 13,500 cars to services due to faulty gearbox
August 25, 2009 | 11:02pm CEToriginalAccording to the carmaker, some cars may have a faulty temperature sensor in the gearbox, causing a dashboard light’s switch on. This applies to models...
read moreCCS: Driving fuel prices stagnated last week
August 25, 2009 | 02:16pm CEToriginalNatural 95 became slightly cheaper; the price of diesel did not change. This week, further reduction in prices could occur, which will probably be a little bigger in case…
read moreGeneral 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 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 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 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...
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