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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 of 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
FCA to change method of car sales reporting in US
July 28, 2016 | 02:47am CEToriginalIt will do so retroactively since 2011. Months with overvalued and undervalued sales, the end of a series of y/y increases in September 2013, the fall in May 2016...
read moreBMW Group recorded series of personnel changes in Czech Rep
July 27, 2016 | 12:01am CEToriginalThese relate to several brands and departments. The company solved some of the personnel changes through rotation. Affected managers and their careers, timing...
read moreOne manager left Czech branch of Volkswagen Financial Services
July 26, 2016 | 11:44pm CEToriginalHis responsibilities have been taken over by a longtime manager of this leasing company. Details…
read moreDieselgate: EC trying to persuade Volkswagen to compensate customers in Europe
July 26, 2016 | 11:30pm CEToriginalThe automaker refuses it due to different legal conditions in the US and EU. Activities of some EU Commissioners, cooperation with consumer organizations...
read moreTesla wants to expand into commercial vehicles, car sharing and solar systems
July 26, 2016 | 12:01am CEToriginalPlanned models of cars, trucks and buses, car sharing of self-driving cars of clients, own carsharing service, solar roofs with an integrated battery...
read moreFCA allegedly overstated sales under internal investigation
July 25, 2016 | 11:29pm CEToriginalThe automaker did not comment on the information. The alleged volume of unsold cars...
read moreDieselgate: Volkswagen to suspend sales of most models in South Korea
July 24, 2016 | 10:51pm CEToriginalThe possibility of decertification of dozens of VW, Audi and Bentley models, horizon of certification regaining, sales of the automaker in H1...
read moreHyundai hired former Allianz manager to strengthen marketing in Europe
July 22, 2016 | 03:15am CEToriginalHe will be answerable to Jochen Sengpiehl, Marketing Head of Hyundai Motor Europe. The manager and his career...
read moreSamsung leads talks on BYD Auto share purchase
July 21, 2016 | 04:59pm CEToriginalAlleged amount of share, the issue of new shares of the Chinese EV maker, the Samsung expansion in the automotive industry since 2015...
read moreSales of commercial vehicles in Germany increased by 11.3% in June
July 20, 2016 | 11:49pm CEToriginalResults in individual categories, demand in H1, VDIK outlook for 2016...
read moreDieselgate: Three US states sued Volkswagen, Audi and Porsche
July 20, 2016 | 11:36pm CEToriginalActions do not concern only manipulative software, but also fraud covering. Threatening sanctions, the Group statement...
read moreCarzada gained confidence of Czech investors as well
July 20, 2016 | 12:01am CEToriginalThe profile of this platform for online sales of quality used cars, business results in the first country – Germany, partners...
read moreEC imposed fine of EUR 2.9 billion on four European truck makers
July 19, 2016 | 11:44pm CEToriginalMAN as a cartel notifier avoided the fine, Scania continues to be investigated. Time of the prohibited conduct, negotiations on prices and introduction of new technologies...
read moreUS investigating FCA for sales data
July 19, 2016 | 11:33pm CEToriginalPossible violations of the securities laws, the probable connection with the action brought by dealer group Napleton, comment of the carmaker...
read moreDieselgate: Volkswagen to apparently indemnify US dealers
July 19, 2016 | 12:16am CEToriginalIt will allegedly introduce a solution by the end of summer. The automaker did not comment on the information. Both parties have been leading talks about the compensation for four months...
read moreIndian court: Only diesel cars younger than 10 years may be operated in capital city
July 18, 2016 | 11:49pm CEToriginalDelhi transport authorities will cancel the registration to older diesel vehicles immediately. Ongoing state campaign against diesel in the most polluted city in the world...
read moreAutoSAP: Brexit to increase risks for Czech car and parts makers, not dropping exports significantly
July 18, 2016 | 11:33pm CEToriginalHowever, restrictions on the free movement of goods or different regulation might result in complications. Automotive businesses of the Czech Republic and UK...
read moreACEA: Car sales in EU up by 6.9% in June
July 18, 2016 | 12:28am CEToriginalApproaching the pre-crisis levels, market growth for 34 months in a row, the results in individual countries, sales of automakers, registrations in H1, PwC outlook for 2016 and 2017...
read moreEC wants to introduce CO2 emission limits for trucks
July 18, 2016 | 12:16am CEToriginalThe EU does not apply them currently, unlike the US, China, Japan or Canada. Initiative of 2015, attitude and argumentation of manufacturers...
read moreDieselgate: California rejected Volkswagen’s plan for repairs of 3.0 TDI cars
July 18, 2016 | 12:01am CEToriginalIt is a proposal relating to 16,000 of 85,000 VW, Audi and Porsche diesel cars. Comments of CARB, EPA and the carmaker...
read moreSales of cars and vans in Russia down by 12.5% in June
July 15, 2016 | 02:53am CEToriginalSlowing the pace of decline, growth in demand for Skoda cars, results in H1, worsened AEB’s outlook...
read moreEmployees of Czech plant of Toyota and PSA voted for strike
July 14, 2016 | 09:47pm CEToriginalIn wage tariffs and shift surcharge, unions have higher requirements than proposed by an intermediary. Details, further negotiations...
read moreGestamp to build another plant in Central Europe
July 12, 2016 | 11:57pm CEToriginalLocation, number of halls and lines, technology, investment amount, HR, products, clients, timing, Gestamp, Gonvarri and Edscha factories in the region...
read moreSDA: 116 HEVs and 18 EVs registered in Czech Rep in June
July 12, 2016 | 11:19pm CEToriginalThe register also included 183 vehicles powered by CNG and 83 LPG vehicles. Leaders of alternative drives, results in H1...
read moreBorc: Romania leads talks with two automakers on plant construction
July 11, 2016 | 11:56pm CEToriginalCurrently, there are two carmakers active in this Eastern European country – Ford and Renault. The government is negotiating with one European and one non-European company...
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