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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
Cars
Neuman: Subaru to exceed sales plan in Czech Rep in 2015
December 30, 2015 | 10:31pm CEToriginalThe results in 2014, expectations for 2015, the reasons for the growth, the end of the Legacy and the launch of the Levorg in Europe, sales plan, a website with social networking features...
read moreRojicek (FCE Credit): Demand for Ford operating leases in Czech Rep to grow by hundreds of cars yearly
December 30, 2015 | 09:26pm CEToriginalPlan for 2015, Ford Lease for all client groups and models, including the Mustang, campaign for the Mondeo Wagon...
read moreKrob: Czech market to reach record in 2015, as well as Mitsubishi sales
December 30, 2015 | 01:17am CEToriginalJ.D. Power analysis until 2022, demand for the Outlander, facelift of the third generation, extended warranty on the hybrid, LPG version...
read moreStrasil: Sales of VW, Audi and Seat vehicles in Czech Rep to rise by double-digit pace in 2015
December 27, 2015 | 11:08pm CEToriginalComparison with 2014, the new Volkswagen Touran (prices, orders, anticipated sales), CSR activities of Porsche Czech Republic...
read moreApax Partners to sell Rhiag, including Elit and Auto Kelly
December 23, 2015 | 04:37am CEToriginalThe buyer and its profile, the transaction value, the interest of investors in other distributors of aftermarket auto parts...
read moreDieselgate: Tok found out Czech Rep lacks legislation on mandatory recalls after three months
December 21, 2015 | 10:57pm CEToriginalTherefore, the recall of the Volkswagen Group in the Czech Republic will be voluntary, and the automaker will have to figure out how to encourage owners of affected cars to visit the servise centres…
read moreVolkswagen introduced structural changes in group management
December 20, 2015 | 11:23pm CEToriginalReducing the number of managers responsible to the CEO; new managers responsible for R&D, product strategy, design, production and sales; timing…
read moreDieselgate: European Anti-Fraud Office started investigating Volkswagen
December 16, 2015 | 10:14pm CEToriginalMoreover, European Parliament also created a special investigative committee. The examination of credits from EIB and the functioning of regulators' oversight, automaker comment...
read moreFederal Cars opened Volvo dealership
December 16, 2015 | 10:06pm CEToriginalLocation, HR, service pricing, website, history of the Czech dealer, changes in the brands, business and financial results in 2014...
read moreVolkswagen to build facilities for two new SUVs in Slovakia
December 15, 2015 | 11:40pm CEToriginalLocation, brands and models, parameters of the halls, the amount of investments, timing, HR...
read moreGoodyear raised prices of tires
December 13, 2015 | 11:20pm CEToriginalReasons, timing, price increases in the Czech Republic, B2B partners, positions on the Czech market, novelties of the winter season 2015/2016, OEM supplies...
read moreA.R.S. changed strategic partner
December 13, 2015 | 10:53pm CEToriginalThe original and the new key shareholder of the Slovak company, minority shareholders, complex business (sales of tires, tire service, fast car service, retreading)...
read moreVolkswagen appointed new head of development of Skoda brand
December 13, 2015 | 10:42pm CEToriginalHe came to the Czech carmaker from the parent company, while Frank Welsch went to Wolfsburg. The manager and his profile...
read moreCSU: Car prices in Czech Rep up m/m in November 2015
December 10, 2015 | 09:53pm CEToriginalNew cars become more expensive than used once, prices of motorcycles grew as well. Prices of servicing and spare parts, detailed data, y/y development...
read moreKia to recall over 250,000 cars
December 10, 2015 | 09:33pm CEToriginalThe reason, affected models including EVs, production years, countries, no accidents or injuries related to the problem...
read moreGoodyear made organizational changes in tire distribution in Eastern Europe
December 9, 2015 | 11:40pm CEToriginalThe departure of a manager; reorganization of clusters; the creation of the position of sales director for the Czech Republic, Slovakia and Hungary, which has been taken over by Zdenek Fort...
read moreRenault to expand sales of EVs in Central Europe
December 9, 2015 | 12:31am CEToriginalThe countries concerned, models, prices, battery leasing, timing, sales results, infrastructure partner, use at airports...
read moreNexen Tire won new contracts in Europe
December 9, 2015 | 12:18am CEToriginalClients, car and van models, supplied tires, contracts for the upcoming plant in the Czech Republic...
read moreSkoda to leave MPV segment, Roomster successor project halted
December 7, 2015 | 11:48pm CEToriginalCzech automaker will, by contrast, focuse on the growing SUV segment. Declared reasons, SUV product offensive...
read moreVolkswagen chose new Audi development head
December 6, 2015 | 11:37pm CEToriginalThe automaker also appointed new members of the Supervisory Board. The successor of the suspended Ulrich Hackenberg, details...
read moreTukas prepares additional investment after acquiring CSAO
December 3, 2015 | 11:49pm CEToriginalLocation, brands, acquiring a 100% stake in CSAO Praha - Cernokostelecka in 2016, UOHS permit, personnel changes…
read moreAgba factory hit by fire
December 3, 2015 | 11:23pm CEToriginalLocation, the number of dead and injured, the extent of damage, products and clients including Skoda Auto...
read moreSDA: New car registrations in Czech Rep up by 24.8% in November
December 3, 2015 | 10:59pm CEToriginalGrowth was driven by Skoda, Hyundai, BMW, VW, Renault, Ford, Nissan, Suzuki, Audi and Citroen. Low-cost brands Dacia and Lada did not show good results. Development of commercial vehicles, comments and views of PwC...
read moreBMW launched sales of conventional plug-in hybrids
December 3, 2015 | 10:49pm CEToriginalThe first models, prices starting below CZK 1 million/EUR 40,000, powertrain parameters, fuel consumption about 2 l/100 km, another PHEV in 2016...
read moreAuto Jarov opened its second Audi showroom in Czech Rep
December 1, 2015 | 11:23pm CEToriginalLocation of the dealership, amount of investment, parameters of Audi Terminal, HR, premium sales of used cars, the first Audi Sport Center in the country, target group, charging station...
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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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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
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Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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