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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
Financial Companies
Auto-plus program aims to increase sales by 8% in 2011, innovate its website and enter Facebook
February 9, 2011 | 03:58am CEToriginalIn 2010, sales fell by 18.2%; websites’ visit rate increased by 22%; air conditioning became a necessity. Development over the past 10 years...
read moreRenault and Dacia in February: Small models went up by CZK 5,000, Megane Coupe Cabriolet cheaper by CZK 80,000
February 9, 2011 | 03:46am CEToriginalMaster got new versions. Renault and Dacia prepared discounted equipment packets for some models...
read moreCCS, Natankuj.sk: Fuel became cheaper in Czech Rep last week, prices in Slovakia stagnated
February 8, 2011 | 04:48am CEToriginalPetrol at Czech filling stations went down by 11 hellers, diesel by 10 hellers. Analysts' expectations for this week...
read moreJan Kusy became new head of non-life insurance at Axa in Czech Rep and Slovakia
February 4, 2011 | 05:25am CEToriginalHe replaced Vladimir Belovic, who retired from Axa. Profiles of both managers...
read moreFrank Fripon became new director of financial division of CSOB Pojistovna
February 3, 2011 | 03:59am CEToriginalHe replaced Jaroslava Hirschova in office after less than a year. Professional history of both managers...
read moreMilan Benes became new member of board of Ceska pojistovna
February 2, 2011 | 04:56am CEToriginalHe is a long-term manager of the company. He replaced Stefan Tillinger in office, who...
read moreMarket for auto insurance in Czech Rep fell by 6.3% in 2010, damage liability more than accident insurance
February 1, 2011 | 01:26am CEToriginalThe number of insured vehicles grew by 96,000 units though. Reasons, results of insurance companies...
read moreSeat Fast Start 2011: Decline in prices of some models, discounted financing of Seat Light, cheaper service for older cars
February 1, 2011 | 01:07am CEToriginalSpecial prices in Q1, stock Exeo cars with a guarantee for 3 years, financing from SkoFIN with insurance from Allianz, an alternative line of parts, Economy...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep last week, stagnated in Slovakia
February 1, 2011 | 12:36am CEToriginalPetrol at filling stations in the Czech Republic became cheaper by 19 hellers, diesel by 18 hellers. Analysts' expectations for this week...
read moreSkoda renewed special offer Family with number of advantages within SkoFIN funding in Czech Rep
January 31, 2011 | 04:23am CEToriginalCompared to the previous offer Family, 1.2 HTP engines, equipping package of Family Grand and the Octavia Tour were added. Prices of the models...
read morePeugeot winter testing event: Car testing for 24 hours free of charge with possibility to take 7 benefits throughout 7 days
January 28, 2011 | 03:12am CEToriginalAfter the testing has finished, one benefit expires with each passing day. The review of advantages, action prices of models in Q1...
read moreKia introduced competition into brand financing in Czech Rep
January 28, 2011 | 03:03am CEToriginalKia Finance, the brand financing, has been provided by UniCredit Leasing since 2009, and CSOB Leasing joined it in January 2011…
read moreRenault in January: Sport versions of Megane cheaper by CZK 20,000, Scenic by CZK 5,000, Grand Scenic by CZK 10,000
January 28, 2011 | 02:54am CEToriginalOn the contrary, Renault Thalia, Megane and Dacia Logan are more expensive. Twingo Miss Sixty limited edition is a product novelty...
read moreMonika Müllerova became new CarGarantie country manager for Czech Rep and Slovakia
January 26, 2011 | 05:08am CEToriginalShe replaced Milan Veprek, who held the position since 2004. New and previous workplace of Veprek and Müllerova...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia went up last week
January 26, 2011 | 04:14am CEToriginalPetrol at the Czech filling stations became more expensive by 9 hellers, diesel by 23 hellers. Analysts' expectations for this week...
read moreNumber of cars with damage liability increased by 1.9% in Czech Rep in 2010
January 25, 2011 | 03:34am CEToriginalSlavia and Allianz gained most of the new clients; the biggest decline was recorded at Ceska pojistovna. The results of individual insurers, brokers’ comments...
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, more expensive in Slovakia
January 18, 2011 | 12:06am CEToriginalPetrol sold at filling stations in the Czech Republic became cheapers by 3 hellers, diesel by 4 hellers. Analysts' expectations for this week...
read moreRenault Group significantly exceeded sales plan in Czech Rep in 2010, market share up by 1.2 pp
January 17, 2011 | 05:16am CEToriginalThe share of fleet sales, website visit rate, new models and limited editions in 2011, the first engine with a start-stop system...
read moreCCS, Natankuj.sk: Fuel became cheaper in Czech Rep last week, sharply up in Slovakia
January 14, 2011 | 03:32am CEToriginalPetrol sold at filling stations in the Czech became cheaper by 15 hellers, diesel by 10 hellers. Analysts’ estimate for this week...
read moreA. Charouz donates pre-charged loyalty card and discount on service when using CSOB Leasing car funding
January 13, 2011 | 03:11am CEToriginalMoreover, with the card United-Auto the customer gets one year of assistance services in the Czech Republic free of charge. Details of offer, brands and showrooms involved...
read moreLeasing companies in Czech Rep no longer providing people with car leasing
January 10, 2011 | 03:40am CEToriginalThe reason is the new consumer credit act. Financial leasing has been in retreat at the expense of credit financing in recent year though...
read moreMartin Strnadel became new Hyundai fleet manager in Czech Rep
January 7, 2011 | 05:23am CEToriginalHe came to Hyundai Motor Czech from the Czech representation of Renault. Strnadel replaced Radomir Nemecek, who has moved to the carmaker...
read moreUAMK succeeded in tender to provide assistance services for Skoda Auto in Czech Rep
January 6, 2011 | 01:53am CEToriginalUAMK and Skoda Auto will continue their long-term partnership. Current fleet of UAMK…
read moreCCS, Colosseum: Petrol currently the most expensive since September 2005, fuel prices should fall though
January 6, 2011 | 01:46am CEToriginalPetrol sold at Czech filling stations went up by 26 hellers last week, diesel by 34 hellers. Expectations of marked fuel price decrease...
read moreReal Garant won first corporate partner in Czech Rep, Suzuki importer
January 5, 2011 | 04:29am CEToriginalDetails of the framework contract and insurance of extended warranty for new cars, prices for individual models...
read more
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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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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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