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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
Dealers, Service Stations
AAA Auto CFO David Thorley ended after a year
June 19, 2009 | 07:54pm CEToriginalThere is now a selection procedure for the post under way. To a post of temporary CFO has been nominated...
read moreGeneral meeting of AAA Auto extended possibility of reverse stock buyout by company's management board
June 19, 2009 | 05:21pm CEToriginalA minimum price will be equal to their nominal value whereas a maximum price will be equal to EUR 4 per a share. The time for buyout has been extended to...
read moreAuto Diskont enhanced sales by 5% to more than 2,200 used cars last year
June 18, 2009 | 11:07pm CEToriginalThe company focuses on sales of used cars priced up to CZK 150,000 but starts increasing the share of younger and more expensive cars. This year Auto Diskont sold...
read moreAuto Diskont follows its competitors and also introduced scrap bonus
June 17, 2009 | 08:16pm CEToriginalAt the same time, the used car dealer, which is controlled by AAA Auto, change its orientation and increases the proportion of younger and more expensive cars...
read moreSecond Audi Terminal in Czech Rep and sixth brand showroom in capital to be built in Prague
June 16, 2009 | 09:55pm CEToriginalIt started to be built by the new authorized Audi dealer, already the 16th in the Czech Republic. The dealer also obtained a license to service Audi R8 cars. This is a company...
read moreSumitomo Corporation continues in damping automotive activities in Central Europe
June 15, 2009 | 08:27pm CEToriginalSE Bordnetze, a producer of cable harnesses for cars, will reportedly cease production in Slovakia. The company has though denied that. Conversely, it prepares…
read moreBMW tightened up sale conditions for car brand Mini, dealers must have separate showroom
June 15, 2009 | 07:56pm CEToriginalTherefore there are only two authorized dealers of Mini in the Czech Republic currently—a Prague-based company AuTec Group and a Brno-based company Renocar, which is soon opening...
read moreDenny: Used car prices at minimum and not to fall onwards
June 13, 2009 | 12:16pm CEToriginalOn the contrary, they might increase according to him. Within the market’s lowest car price guarantee the company compared prices with competitors for the first week in...
read moreChanges in Ford in Olomouc: The new and the only authorized dealer is Cars Morava
June 11, 2009 | 11:58pm CEToriginalOther dealers have agent status only. Cars Morava has opened a new showroom in Olomouc which the company plans to extend. Sale plans make…
read moreBRNO: Foxcar did not succeed with Pagani brand, dealership for Czech Rep acquired by A. Charouz Motors
June 10, 2009 | 11:20pm CEToriginalThe company from Antonin Charouz's automotive group is now considering where they will be offering Pagani cars. There are two possible localities...
read moreAAA Auto renewed scrap bonus, Auto Esa still offering it, but with higher bonus
June 8, 2009 | 07:39pm CEToriginalEvery fourth showrooms’ visitor enquires about the scrap bonus at AAA Auto. Auto Esa has increased the scrap bonus from EUR 300 - 1,000 up to...
read moreBRNO: Auto-Exner gained full dealer license of Bentley
June 8, 2009 | 07:09pm CEToriginalIt happened after five years of service and sales through the German dealership. A new showroom (sized 400 m2) will be opened by Auto-Exner in...
read moreBRNO: Skoda Yeti to be sold in Czech Rep from CZK 359,800, AWD version from CZK 459,800
June 5, 2009 | 06:08pm CEToriginalThe carmaker plans to produce 20,000 cars this year. It aims to launch the full capacity of 200 cars daily...
read moreAAA Auto started financially motivating its customers to recommend services to their friends
June 5, 2009 | 04:32pm CEToriginalIf those use AAA Auto's services, they will obtain a CZK 2,000 discount when purchasing a car. The customer will then receive a bonus for the recommendation amounting to...
read moreBrno Motor Show to begin on Friday, this year smaller because of crisis
June 4, 2009 | 08:35pm CEToriginalThe fair will offer 20 large-lot and 17 small-lot brands represented mainly by dealers. However, there will be missing brands...
read moreAAA Auto sold about 17,000 cars from January to May
June 3, 2009 | 08:03pm CEToriginalAfter the scrap bonus action termination at the end of May the company expects a reduction in monthly sales of...
read moreA. Charouz opened new Suzuki showroom in Prague
June 3, 2009 | 07:38pm CEToriginalAutomotive Group of Antonin Charouz has therefore expanded its portfolio for a new brand. The new Suzuki showroom arose in...
read moreAAA Auto's results after audit for 2008: Loss higher by EUR 4.4 million
June 2, 2009 | 04:31pm CEToriginalThe company deepened its loss to EUR 32.4 million. The increase of the loss against premises was caused mainly by...
read moreAAA Auto postponed opening of new branch in Liberec
May 31, 2009 | 06:30pm CEToriginalThe company is now cautious but it does not exclude opening of new car centres at the end of this year. In Russia AAA Auto is in contact with...
read moreAAA Auto posted net loss of EUR 880,000 in Q1, in the Czech Rep and Slovakia profit
May 30, 2009 | 12:29am CEToriginalRevenues due to abandonment of the three foreign markets fell by 54.3%. The company aims to reach a consolidated net profit in...
read moreAAA Auto to introduce lowest price guarantee as of June
May 27, 2009 | 04:45pm CEToriginalThe lowest price guarantee comes after the food and electronics also to the car sales segment. The guarantee can be applied in AAA Auto till...
read moreThe only Toyota car dealer in West Bohemia Dajbych ceased cooperation with importer
May 25, 2009 | 09:23pm CEToriginalPilsen-based dealer, specialized in 4x4 cars, is now negotiating with potential partners. Pilsen might be entered by the company...
read moreSales and revenues of Auto Esa increased by 17% from Jan till Apr
May 25, 2009 | 06:36pm CEToriginalThe growth is according to the company caused by the car price reduction, new financing offers and own scrap bonus. Auto Esa plans to sell this year...
read moreAAA Auto's sales down by 52.5% to 8,924 cars in Q1, less in Czech Rep than in Slovakia
May 22, 2009 | 05:52pm CEToriginalThe decline was though expected with regard to leaving the foreign markets. The sales have been growing gradually since the beginning of the year. In April the sales reached...
read moreAAA Auto extends possibility of purchased car exchanging from three days to week
May 21, 2009 | 06:59pm CEToriginalThe possibility of the car exchanging within a week applies to vehicles with the price above CZK 100,000, and the new owner is obliged not to run more than...
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