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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
Dieselgate: South Korea issued arrest warrant for Volkswagen manager
June 26, 2016 | 11:56pm CEToriginalIt is the first such a warrant issuance since the outbreak of the emission scandal. The manager and his position, five-point accusation, earlier criminal complaint against two managers...
read moreBrexit: Jaguar Land Rover expects profit decline, Ford suggested layoffs
June 26, 2016 | 11:30pm CEToriginalVDA highlighted the danger of moving production of cars and parts from the United Kingdom. However, the outcome of the referendum is not binding for the British government...
read moreDieselgate: Volkswagen allegedly to pay EUR 9 billion in US for settling emissions scandal
June 23, 2016 | 10:10pm CEToriginalCompensation for car owners, fines from the government, repurchase of vehicles by the carmaker, green programs and funds, the deadline for a final agreement, the ongoing discussions regarding technical adjustments...
read moreBMW Fit Service: BMW introduced service program for cars older than 7 years in Czech Rep
June 23, 2016 | 09:39pm CEToriginalThe affected models, service packs, examples, prices, Value Line spare parts, the involvement of dealers, Klasik Servis from Renocar...
read moreCzech Rep withdrew from environmental tax for Euro 3 vehicles
June 23, 2016 | 09:10pm CEToriginalThe Ministry of the Environment also backed away from fee increases for the transfer of used Euro 2 vehicles and older. Declared reasons...
read moreAnalysts: Brexit would cause problems to German automakers
June 22, 2016 | 11:54pm CEToriginalRisks as weakening of the pound, more expensive goods imported into the UK, the decline in sales, a drop of margins and profits...
read moreArval Mid Term Rental: Arval expands its car rental fleet in Czech Rep
June 22, 2016 | 11:42pm CEToriginalReasons for the service creation, utilization, brands and models for medium-term lease, limiting the cooperation with car rental companies...
read moreItalian court accepted collective action against Volkswagen due to consumption
June 22, 2016 | 11:20pm CEToriginalIt is a lawsuit filed a year before the automaker admitted discrepancies in data on CO2 emissions. The affected models, the compensation sought, similar action against the FCA...
read moreStrategy 2025: Skoda Auto to invest billions of crowns in digitization
June 21, 2016 | 11:55pm CEToriginalThis applies to both company and their products and services. Virtual reality, 3D technology, Industry 4.0, BEVs, dashboard personalization, voice and gesture control, HR...
read moreMitsubishi Motors to indemnify customers for consumption scandal
June 21, 2016 | 11:32pm CEToriginalAffected models and countries, overestimation of data up to 16%, two amounts of compensations, costs for the carmaker, restoring sales...
read moreSMMT: UK' exit of EU to increase production costs and threaten jobs
June 21, 2016 | 11:18pm CEToriginalThe country’s remaining in the EU is supported by Jaguar Land Rover, Vauxhall, Toyota, BMW, GKN or Magal Engineering. Arguments of Brexit supporters...
read moreVolkswagen to make rotation of CFOs of two brands
June 20, 2016 | 11:57pm CEToriginalBoth have been in their current positions for over five years. The brands concerned, managers and their careers, timing...
read moreCzech dealer of Ferrari and Maserati moved sales of new cars
June 20, 2016 | 11:48pm CEToriginalThe original and the new location of the showrooms, the author of the new premises, a new car service centre, HR...
read moreLegends 2016: Third year attracted by fewer people than organizers expected
June 20, 2016 | 11:39pm CEToriginalHowever, the visit rate surpassed the year 2015. Reasons, exhibits, hit on social networks, media interest, the implementation team, the official car of the 3rd year, preparation of the 4th year...
read moreVolkswagen Group to allegedly cease production of more than 40 models
June 20, 2016 | 11:17pm CEToriginalThis should be part of the new strategy. According to the carmaker, the number of models is still undecided. The affected brands, including Skoda, the current product portfolio...
read moreUnions in Czech plant of Toyota and PSA not adopted mediator's proposal
June 19, 2016 | 11:56pm CEToriginalHowever, TPCA is going to apply it. Content of the recommendation, timing, announcement of a strike alert, further extension of the current collective bargaining agreement...
read moreACEA increased EU car sales outlook in 2016
June 19, 2016 | 11:36pm CEToriginalThe original and the new estimate, increase of 16% in May, market growth for 33 months in a row, results in individual countries, sales of automakers, the approach to the year 2008, KPMG and CSOB comments...
read moreTogether – Strategy 2025: Volkswagen to invest tens of billions of euros in transformation and development
June 19, 2016 | 11:13pm CEToriginalDetails of the new strategy, plans with battery electric vehicles, financial objectives, changes in product portfolio and manufacturing of components...
read moreSales of Skoda cars rose by 4.5% in May
June 17, 2016 | 02:25am CEToriginalIt was the sixth month in a row of growth, driven by increased demand in major markets in Europe and China. Growth in Russia and Ukraine, demand for various models...
read moreSkoda Auto supports retention of UK in EU
June 17, 2016 | 02:07am CEToriginalIt is the fourth largest market for the Czech carmaker. Sales results, trade balance between the Czech Republic and the Great Britain, the view of the Confederation of Industry of the Czech Republic...
read moreDaimler considers building factory in Russia
June 15, 2016 | 11:28pm CEToriginalReasons, the first car plant in the country, talks with the Russian government, the alleged investment amount, mode of production/assembly, capacity, models...
read moreDieselgate: Great Britain investigates Skoda’s possible part to Volkswagen emission scandal
June 15, 2016 | 11:11pm CEToriginalThe authorities and institutions concerned, investigated offense, coordination of activities within Europe, comment of the Czech carmaker...
read moreFCA to reduce production in Serbia
June 15, 2016 | 10:51pm CEToriginalReduction of the number of shifts, layoffs, affected models, production in 2015...
read moreLouda Auto organizes testing days for businesses in Czech Rep
June 14, 2016 | 11:40pm CEToriginalDate, location, passenger and commercial test vehicles of different categories, Carsharing presentation, microsite...
read moreThomas Owsianski to move from China to South America within Volkswagen Group
June 14, 2016 | 11:18pm CEToriginalHe will report to David Powels there. The new head of sales and marketing of the Skoda brand in the Chinese market will become...
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