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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
One Skoda dealer in Czech Rep changed owner
April 7, 2015 | 12:29am CEToriginalThe company has been acquired by a medium-sized multi-brand dealer with showrooms in several cities. The companies concerned, locations, financial results, clients, personnel changes, other bidders...
read moreDaimler expanded competence of one of its fleet centres in Czech Rep
April 6, 2015 | 11:27pm CEToriginalDealers, locations, standards, situation in Prague, focus on Mercedes-Benz cars and vans, a possible extension for other dealerships...
read moreOne manager leaves LeasePlan’s branch in Czech Rep
April 2, 2015 | 11:28pm CEToriginalThe company is choosing his successor. The manager and his experience, position, details...
read moreAutocentrum Barth increased car sales and revenues by more than 30% in 2014
March 27, 2015 | 12:53am CEToriginalDemand for new and used vehicles, the results of individual brands, new caravan rental, partner of the beauty contest Czech Miss 2015...
read moreAuto Palace offers free 7-year warranty on Mitsubishi cars in Czech Rep
March 25, 2015 | 11:21pm CEToriginalDetails of the special offer (mileage limit, the provider of the extended warranty), sales of the company on the Czech market, interest in HEVs...
read moreOne manager to leave Czech representation of Hyundai Motor
March 23, 2015 | 11:56pm CEToriginalThe manager and his professional career, position, timing, his successor...
read moreNew Lexus showroom to be built in Czech Rep
March 18, 2015 | 12:08am CEToriginalInvestor and its other activities, location, reasons for the construction, timing...
read moreNew Maserati showroom to be built in Czech Rep
March 16, 2015 | 02:34am CEToriginalInvestor, location, reasons for the construction, timing, sales of new Maserati cars on the Czech market in 2014...
read moreLouwman increased new car sales in Czech Rep by 40% in 2014
March 15, 2015 | 11:36pm CEToriginalThe interest in individual brands Toyota, Lexus, Ford and Suzuki, used car sales, the Czech HEV market leader, the new Toyota showroom...
read moreAuto Palace won contract from one energy firm in Czech Rep
March 9, 2015 | 11:43pm CEToriginalSupplied cars (number, brand, model, engine, equipment), funding through operating lease, negotiations on the renewal of the sister company fleet...
read moreBusiness Lease entered Romania through acquisition of local firm
March 2, 2015 | 01:19am CEToriginalIt is part of the expansion strategy in CEE. The leasing company and its profile, renaming, related personnel changes...
read moreCzech dealer of Ferrari and Maserati changed owner
February 25, 2015 | 12:31am CEToriginalNew investors at Scuderia Praha, the way of capital investment, timing, personnel changes, five-year strategy...
read moreNH Car won major contract from Re/Max
February 19, 2015 | 11:56pm CEToriginalThe number of cars, models and specifications, financing leasing company, sales of the Czech dealer of four brands in 2014...
read morePorsche Inter Auto plans to build new showroom in Czech Rep
February 18, 2015 | 11:57pm CEToriginalLocation, brand, the current portfolio of this dealer of most Volkswagen Group brands...
read moreAAA Auto plans to further expand in Central Europe
February 18, 2015 | 12:03am CEToriginalReturning to Poland, new used car shops in the Czech Republic and Slovakia, creation of new jobs, vacancies and job benefits...
read moreFord to sell Mustang at 200 selected dealers in Europe, two in Czech Rep for now
February 17, 2015 | 01:56am CEToriginalIt will be Ford Store dealerships focused on premium products. European specifications and prices of the sixth generation, pre-orders, sales worldwide...
read moreAutobond: Czech car market stagnated in 2014
February 12, 2015 | 11:49pm CEToriginalIn this situation Autobond increased sales by double-digit pace. Demand for individual brands, financial results, large investments, business plan for 2015, further expansion...
read moreSkoda Auto to participate in car sharing
February 11, 2015 | 11:57pm CEToriginalThe upcoming project of carsharing in the Czech Republic, the current projects in Brno and Prague, the share of EVs, investments in carsharing companies, old cars sharing, projects in Europe...
read moreMaserati Full Service Leasing: Czech dealer started offering operating leases for businesses and consumers
February 11, 2015 | 11:38pm CEToriginalThe financial partner, the length of the lease, mileage limit, two versions according to services, affected models, prices, sales of Maserati in 2014...
read moreAutoBinck strengthened marketing team in Czech Rep
February 5, 2015 | 11:38pm CEToriginalExternal communication of the group is newly led by two managers; one is in charge of wholesale and one retail. Details...
read moreRailway administrator to renew half of the fleet of vehicles in Czech Rep
February 3, 2015 | 11:53pm CEToriginalThe winner of the first tender and its profile, the offered price, another ongoing tender, the number of vehicles, fleet reductions in recent years...
read moreOne Audi dealer in Czech Rep changed owner
February 2, 2015 | 11:55pm CEToriginalIt was bought by a medium-sized multi-brand dealer with showrooms in several cities. Affected companies, locations, business results, renaming...
read moreAutobond made personnel changes in top management
January 28, 2015 | 12:12am CEToriginalThese are related to both management and statutory bodies. The affected managers, timing...
read moreRhiag to buy Polish spare parts distributor Italparts through Elit
January 22, 2015 | 11:56pm CEToriginalThe profile of Italparts, increasing the number of branches in Poland, the acquisition of ERA, new branches in Slovakia, the results in 2014...
read moreAAA Auto: Abris makes first changes, promoted one manager
January 22, 2015 | 11:46pm CEToriginalThe reason is, among other things, the upcoming international expansion. The manager and his career, the positions concerned...
read more
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