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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
Group of investors headed by Black Oak Partners interested in GM´s brand Saturn
April 16, 2009 | 12:02pm CEToriginalA new distribution company of Saturn cars to be established would first take the cars from General Motors, later on also…
read moreLesy CR bought cars without opened tender for the first time
April 15, 2009 | 09:09pm CEToriginalIn February, the company bought seven Audi cars from Import Volkswagen Group with a discount of 30%. Car purchase will be verified by…
read moreSkoda sold 19,248 cars in China in Q1, up 18.7% y/y
April 15, 2009 | 08:56pm CEToriginalVolkswagen Group China has revised its production plan for this year by 50,000 units more after the carmaker registered in Q1 a growth in sales of...
read moreETSC: Safety of new cars sold in Czech Rep under EU average
April 15, 2009 | 06:35pm CEToriginalWhereas 29% of sold passenger cars in the Czech Republic reached five stars in the Euro NCAP crash tests, the EU average is…
read moreLamborghini increased profit by 27.4% along with revenues growth by 2.5%
April 15, 2009 | 06:12pm CEToriginalNamely a cost saving program helped the carmaker to the profit, which had been established by the company regarding the global economic crisis. This year, Lamborghini intends...
read moreToyota opened new headquarters for Czech Rep and Slovakia in Prague
April 15, 2009 | 05:25pm CEToriginalA new administration building for more than CZK 300 million has been occupied by…
read morePlanned Fiat-Chrysler partnership is at risk because of US trade unions approach
April 15, 2009 | 01:50pm CEToriginalFiat CEO Sergio Marchionne sees the chances of a partnership of the two carmakers…
read moreMazda increased sales in China by 22% to 37,200 cars in Q1
April 15, 2009 | 01:01pm CEToriginalThe carmaker sold 14,200 cars in March alone. Mazda is calculating with the sale increase for this year...
read moreWorld Car of the Year 2009: Volkswagen Golf won ahead of Toyota iQ and Ford Fiesta
April 14, 2009 | 06:43pm CEToriginalAt the sixth annual World Car awards, Volkswagen’s sixth generation Golf was named World Car of the Year. In the design and performance categories, the following car brands...
read moreSaab to dismiss 700 employees instead of 750 originally under consideration
April 14, 2009 | 06:04pm CEToriginalThere will be 646 employees in production and 55 clerical positions concerned. These employees will be dismissed as of…
read moreSeat Exeo sedan: Sales started at CZK 499,900 on Czech market
April 14, 2009 | 05:22pm CEToriginalAlong with the Exeo model, Seat wants to address the current and new customers as well. Seat sets to a presumption that Exeo will largely hold interest of…
read moreNY Times: Ministry of Finance ordered General Motors to prepare for bankruptcy
April 14, 2009 | 03:46pm CEToriginalA newly established company would then buy “good” property of General Motors according to the plan. Less desired property would…
read moreSouth Korea to help the local automotive industry by USD 377 million
April 14, 2009 | 12:41pm CEToriginalThe government aims to encourage the field of research and development particularly. A part of the support should also be...
read moreSkoda cars produced from May to have repair set instead of spare wheel in equipment
April 14, 2009 | 12:15pm CEToriginalThis change will come with a model year 2010. Next year, Skoda Auto aims to extensively modernize its model...
read morePorsche Inter Auto: Car sales to rise about 6% in Czech Rep in 2009
April 8, 2009 | 06:50pm CEToriginalReason of the growth will be the new car centres that are to be opened this year. In 2010, Porsche Inter Auto expects the sales in the Czech Republic...
read moreMercedes-Benz to unify its model range designation
April 8, 2009 | 01:32pm CEToriginalMercedes-Benz comes with a new designation of its models. The CLK coupe successor is now bearing a new designation E Coupe, a similar change is waiting for classes...
read moreEIB approved further EUR 866 million loans to EU carmakers
April 8, 2009 | 12:34pm CEToriginalThe European Investment Bank has approved EUR 866 million for EU carmakers to help develop and build cleaner cars...
read moreSDA: New trucks registrations in the Czech Rep decreased nearly by half in Q1, buses showed growth
April 7, 2009 | 06:34pm CEToriginalNew trucks registrations in the Czech Republic decreased by 47.5% in 1Q to…
read morePorsche Inter Auto: Prague sales complex in Prosek to expand by Skoda and Porsche car centres
April 7, 2009 | 03:53pm CEToriginalRequirement of larger showroom and service facilities of Porsche grew along with rising offer of this Germany carmaker’s models. This year it will be...
read moreBrno Motor Show 2009: Extension by LCV up to 3.5 t persuaded some importers, dealers too
April 7, 2009 | 01:39pm CEToriginalAbout 30 brands and some 100 other manufacturers have already enrolled in the motor show in Brno. The organizers are still negotiating with several brands…
read moreAuto-Exner began selling Aston Martin cars in the Czech Rep; showroom has been opened in Prague 9
April 6, 2009 | 08:09pm CEToriginalThe Auto-Exner company gained a dealership of Anton Martin cars, after luxury brands Bentley and Lamborghini; this year the company plans to sell…
read moreTunkl (SDA): Passenger cars registrations in Czech Rep to rise this year, commercial vehicles to reach three quarters of 2008
April 6, 2009 | 08:02pm CEToriginalRegistrations of new passenger cars have decreased by 5.9% to 31,075 units in Q1 in the Czech Republic. However, the number has risen in March by…
read moreTesco to provide stores in bigger cities' centres by CNG vans
April 3, 2009 | 08:05pm CEToriginalFirst three Iveco Daily CNG vans began supplying stores in Prague, Brno to come later. Tesco aims to buy another…
read moreSubaru Legacy sedan: Fifth-generation to unveil in New York, in the Czech Rep and Slovakia in autumn
April 3, 2009 | 07:15pm CEToriginalSubaru comes under the Legacy model with a non-speed transmission Lineartronic enabling the sequential transmission…
read moreFiat Group changed its organization structure, vertical management to complete horizontal
April 3, 2009 | 04:38pm CEToriginalPosition of Fiat CR and Fiat SR general manager has been filled after two years again, it is going to be executed by a country manager of the brand Fiat passenger cars…
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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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King Long expands in Europe, established partner for Czech Rep and Slovakia
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