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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
RHJ progressed in Opel negotiations, Magna remaining the favourite
July 14, 2009 | 03:48pm CEToriginalInvestment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...
read moreAuTec Group's financial problems have further consequences, Nissan terminated dealer agreement
July 14, 2009 | 12:17pm CEToriginalAt the same time AuTec lost an exclusive license for distribution of the super sports car Nissan GT-R in the Czech Republic which was taken over by company...
read moreQatar possibly agreed on share acquisition in Porsche and Volkswagen share options
July 14, 2009 | 10:46am CEToriginalQatar offers EUR 7 billion to the carmaker Porsche. Specifically, Qatar fund should get...
read moreHyundai to move production of model i20 for Europe to the Czech Rep, Slovakia or Turkey
July 13, 2009 | 11:41pm CEToriginalThe carmaker is therefore willing to save 10 to 15% on logistics costs and tariffs. After the decision, the production moving should take place till...
read moreCar sales declined by 49% in Russia in H1, in Skoda Auto only by 19%
July 13, 2009 | 11:22pm CEToriginalAccording to AEB vice president Martin Jahn, the Russian automotive market needs support from the State and the Government should consider the introduction of...
read moreSkoda Auto to produce extra at night from Friday to Saturday in August, to shorten delivery times
July 13, 2009 | 08:54pm CEToriginalThe delivery time for Fabia is until December at present. These will be three voluntary shifts, on which the carmaker needs some...
read moreEuropean Court of First Instance lowered Peugeot’s penalty for restriction of business practices
July 12, 2009 | 12:21pm CEToriginalPeugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...
read moreSales of new cars in China up by 48.5% in June
July 11, 2009 | 03:32pm CEToriginalChina could thus replace the US this year at the position of the largest car market. A local association CAAM assumes total sales will exceed...
read moreRussia provided high state guarantee to carmaker GAZ
July 11, 2009 | 02:38pm CEToriginalThe indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...
read moreBMW Group decreased sales by 12.7% in June, Mercedes-Benz Cars by 7%
July 11, 2009 | 01:33pm CEToriginalThe carmaker's sales drop in June was though slighter than in the previous months, and so the management sees the future...
read moreKlaus’ veto of scrap bonus condemned by carmakers, praised by economists
July 10, 2009 | 04:33pm CEToriginalAccording to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
read moreVladimir Vosicky back in Czech Rep after one and half year, moving from Ford to Peugeot
July 10, 2009 | 10:53am CEToriginalManager, whose career is entirely linked with the brand Ford, will be in Peugeot in charge of...
read moreBAIC submitted attractive bid for Opel, agreement with Magna close to completion though
July 9, 2009 | 02:44pm CEToriginalCompared to Magna, BAIC would dismiss less employees in Europe, ask for a lesser loan and invest in production of Opel cars in...
read moreCar sales in Slovakia up by 28% in June thanks to scrap bonus
July 9, 2009 | 02:05pm CEToriginalResults of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...
read moreBritish authorities to investigate MG Rover’s fall
July 9, 2009 | 01:06pm CEToriginalIt has been taken over by the Chinese carmaker Nanjing Automobile in 2006. The opposition believes that the former government supported MG Rover before the elections in order to...
read moreFiat finally agreed on car production in China, has been importing cars there so far
July 9, 2009 | 12:11pm CEToriginalThe Italian carmaker will establish a joint venture with local company Guangzhou Automobile Group. The first manufactured model will be...
read moreAlcoa Fujikura Czech (AEES Stribro) agreed on compensation with trade unions
July 8, 2009 | 03:12pm CEToriginalIf employees agree on the termination of the employment by a contract agreement to July 17, they will receive compensation in the amount of...
read moreSales of new cars in Czech Rep down by 12.4% to 92,100 cars in H1
July 8, 2009 | 08:48am CEToriginalPassenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...
read morePorsche rejects more investors’ interest in Volkswagen shares
July 7, 2009 | 08:52pm CEToriginalAlthough Porsche conducts exclusive investment negotiations with Qatar, there appeared further five candidates. They want to buy...
read morePSA Peugeot Citroen decreased sales by 17.5% in H1
July 7, 2009 | 06:39pm CEToriginalIncluding cars in a dismantling state, which the carmaker supplies to the assembly abroad, sales decreased by 14%. The 2H sale could be supported by new models...
read moreLear declared bankruptcy
July 7, 2009 | 05:55pm CEToriginalThe company within the reorganization intends to convert its debts of USD 3.6 billion to a combination of new debts, convertible shares and...
read moreDiscussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start
July 6, 2009 | 10:48pm CEToriginalTalks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
read moreVolkswagen increased sales by 6% in June, sale declined by 5.1% in H1
July 6, 2009 | 02:05pm CEToriginalThe global market fell by about 18 % in H1. Volkswagen CEO Martin Winterkorn assumes that this year there should be sold in the world...
read moreJapan began to solve problem with great silence of hybrid cars
July 6, 2009 | 01:39pm CEToriginalCommission established by the Ministry of Transport has to compile a report regarding the problem until the end of the year. The result may be an obligation for carmakers...
read moreHyundai increased total sales by 9.6% in June, thanks to domestic sales mainly
July 5, 2009 | 09:09pm CEToriginalSouth Korean exports went down by 18.4% to 83,702 cars whereas sales of cars manufactured in foreign plants grew by...
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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...
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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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