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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
Producer of the cheapest car in the world Tata Motors fell in loss last year
June 29, 2009 | 05:59pm CEToriginalThe company posted out a loss for the first time after eight years mainly due to low demand and loss of the carmaker Jaguar Land Rover. These cars launched market…
read moreAdams: Tatra expects drop of revenues by about 40% this year
June 29, 2009 | 04:55pm CEToriginalThe carmaker wants to dismiss 500 more people due to a drop of orders by the end of the year and to reach a target number of work places...
read moreVolkswagen aims to have major word in merger with carmaker Porsche
June 28, 2009 | 09:06pm CEToriginalVolkswagen plans to gain a 49% share for EUR 3 to 4 billion in Porsche first. Qatar should then buy Porsche options...
read moreAlcoa Fujikura probably ending in Stribro, releasing most of its 730 employees by end of year
June 28, 2009 | 07:58pm CEToriginalAccording to trade unions it is linked to the moving of part of contracts to Romania. The company has still some work for...
read moreEurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU
June 26, 2009 | 01:17pm CEToriginalThe scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
read moreVolkswagen wants to offer more mini cars in Europe, considering cooperation with Suzuki
June 26, 2009 | 11:39am CEToriginalVolkswagen would provide diesel engines within the cooperation and Suzuki underbody platform. The German carmaker reportedly requires a share in Suzuki amounting to...
read moreHorst Koulen leaves Czech Rep, importer license and number of dealers for sale
June 25, 2009 | 11:33pm CEToriginalThe reason is probably the loss of BMW importer license. AuTec Group has already changed its owner, it was bought by...
read moreAuto Esa offers discount depending on one’s child results when purchasing car
June 25, 2009 | 11:20pm CEToriginalWhen using the financing, the customer will moreover receive satellite navigation. There is still the scrap bonus action at Auto Esa...
read moreMann+Hummel coming with new switching second turbocharger valve
June 25, 2009 | 07:10pm CEToriginalIt is used in Jaguar XF for the first time. In the future, Mann+Hummel aim to produce air filling valves also from non-metallic materials...
read moreToyoda: Toyota to return to profit in two years at earliest, focusing on hybrids in Europe
June 25, 2009 | 06:34pm CEToriginalCarmakers Toyota, Honda and Nissan decreased production by about one third in May. However, Toyota is not planning closures of some plants...
read moreFord to reduce number of suppliers to about half
June 25, 2009 | 04:18pm CEToriginalIt intends to continue with the reduction in the following years. This step also relates to the fact that many automotive suppliers...
read moreAAA Auto: Raising price of petrol increases interest in diesel cars
June 25, 2009 | 03:31pm CEToriginalDemand increased by around 20% over the last three months. The company has thus marked up redemption prices of selected diesel cars by...
read moreCEZ: One million electric cars to operate in Czech Rep in 15 years at earliest
June 25, 2009 | 02:18pm CEToriginalBy 2012, there should be 25 models of electric cars on the market. CEZ negotiate with almost all carmakers within the other testing projects…
read moreQatar probably to acquire share in carmaker Volkswagen from Porsche
June 25, 2009 | 01:09pm CEToriginalPorsche is ready to provide option for purchasing a share in Volkswagen to Qatar, according to sources, in an amount of...
read moreNew head of Mazda for Central and South East Europe to become Jerome de Haan
June 24, 2009 | 09:40pm CEToriginalHe will replace Josef Schmid in the post, who has been appointed head of Mazda Motors Deutschland. Thomas Rothe...
read moreGeneral Motors supposedly require Opel redemption option
June 24, 2009 | 09:15pm CEToriginalAccording to the main candidate Magna, the purchase is in the existence of such an option absolutely impossible. The other GM’s conditions are...
read moreIAC Group to buy nine plants of bankrupt German automotive supplier Stankiewicz
June 24, 2009 | 08:36pm CEToriginalThese are plants in Germany, Belgium, Poland and the Czech Republic, where IAC will take over the manufacturer of acoustically insulating components for cars...
read moreKia cee'd facelift: Production to start in mid-July, being presented to public at Frankfurt Motor Show
June 24, 2009 | 06:14pm CEToriginalEven thanks to this, the carmaker will extend working hours in Slovakian plant in Zilina. There will be innovations at cee'd model...
read moreFord, Nissan and Tesla to get loans for eco-cars development from US government
June 24, 2009 | 03:48pm CEToriginalOverall they will reach USD 8 billion from a government fund, containing USD 25 billion. Each carmaker will use the money for...
read moreCEZ aim to put into operation up to 100 electric cars by 2012
June 24, 2009 | 03:29pm CEToriginalNon-profit organizations and public administration will test them within the pilot projects. Besides the environmental aspects...
read morePSA expect operating loss up to EUR 2 billion this year
June 23, 2009 | 10:12pm CEToriginalThe French carmaker is still facing the falling global demand for cars, but in Europe...
read moreCar starter manufacturer Magneton being bankrupt
June 23, 2009 | 09:45pm CEToriginalThe company, which mainly supplies the automotive industry, faced the economic crisis and had to dismiss several hundreds of employees...
read moreNissan plans on mass production of electric cars from 2012
June 23, 2009 | 06:09pm CEToriginalThe carmaker will introduce the first electric car in August this year and initiate sales at the beginning of 2010. Nissan will manufacture the electric cars in...
read morePeugeot and Citroen to open joint training centre for Czech dealer network
June 23, 2009 | 05:46pm CEToriginalUntil now, both importers arranged the trainings alone. The new training centre sized 1,100 m2 has been built in...
read moreTwo competing moto shows to take place in Czech Rep in March 2010
June 23, 2009 | 03:14pm CEToriginalWhile the 14th year of the moto show Motocykl will go on in Prague, there will be the 1st year of the fair Motosalon in Brno supported by SDA, which...
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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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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
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Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
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Hyundai expands operations in Central Europe
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