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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
UniCredit Leasing changed organizational structure in CEE, established four regional directors
October 6, 2010 | 03:05am CEToriginalThe company appointed Jiri Matula to the top management of the Central European region. In the Czech Republic he was replaced by the executive director Jaroslav Jaromersky...
read moreCCS, Natankuj.sk: Fuel cheapened in Czech Rep and Slovakia last week
October 4, 2010 | 11:03pm CEToriginalPetrol at the Czech filling stations decreased price by 7 hellers, diesel by 2 hellers. Analysts' expectations for this week...
read moreDirect became new partner of loyalty program Bene+ from GE Money Bank, first in insurance sector
October 1, 2010 | 04:33am CEToriginalDirect’s clients can get a discount on premiums when paying it by credit card. Deepening of cooperation between Direct and GE Money…
read moreS. & W. Automobily started providing extended warranty for 1 year for new and used cars
September 30, 2010 | 02:00am CEToriginalThis North-Bohemian dealer of brands Mercedes-Benz, Chrysler, Jeep, Dodge and Mitsubishi Fuso is cooperating with CarGarantie. Details of the warranty...
read moreCeska pojistovna to increase rates of damage liability as of January
September 29, 2010 | 04:22am CEToriginalHowever, the accident-free drivers are going to pay less than in 2010. Last rates’ update and the expected increase for 2011...
read morePeugeot to enter Czech Rep and Slovakia with program of quality used cars
September 29, 2010 | 01:28am CEToriginalAt the same time, it will become the first carmaker importing used cars from abroad. Partners Dekra, Europ Assistance, Cebia, IBS expert, TipCars...
read moreFiat placed alternatively powered vehicles by LPG on Czech market
September 29, 2010 | 01:01am CEToriginalThis happened after year and half preparations. Range of models and engines, parameters of aggregates, prices, warranty terms, conversion for free within funding...
read moreCitroen introduced comprehensive range of extended warranties and service contracts in Czech Rep
September 29, 2010 | 12:47am CEToriginalTheir parameters can be selected at Citroenkalkulator.cz. The scope of services EssentialDrive, IdealDrive and FreeDrive, prices, financing of contracts...
read moreIIR holds specialized conference Insurance CZ&SK in Prague in mid-October
September 28, 2010 | 11:35pm CEToriginalThe 7th year of the event will have two follow-ups, i.e. a workshop on commercial networks and a special day about distribution channels. The conference will have the following speakers...
read moreCCS, Natankuj.sk: Fuel down in Czech Rep last week, up in Slovakia
September 28, 2010 | 11:15pm CEToriginalPetrol at the Czech filling stations has discounted by 6 hellers, diesel by 8 hellers. Analysts' expectations for this week...
read moreFiat offers extended warranty for Panda and Punto at discount in Czech Rep in September, for free within funding
September 26, 2010 | 11:57pm CEToriginalThe extended warranty to 5 years/100,000 km includes assistance service for 5 years. Parameters of services and prices...
read moreRenault in September: Twingo cheaper by CZK 15,000, Kangoo Express by CZK 24,000, Megane by CZK 20,000, Scenic by CZK 25,000
September 26, 2010 | 11:16pm CEToriginalOn the contrary, Clio Storia became more expensive. For the Megane and Scenic model ranges the customer can newly choose a dual-clutch gearbox...
read moreToyota offers Auris at discount of up to CZK 95,000 in Czech Rep in September
September 26, 2010 | 11:00pm CEToriginalThe purchase can be combined with a Genio 50/50 credit from Toyota Financial Services. Special prices for each version...
read moreAllianz to allow motorists in Czech Rep to choose risks in damage liability, to offer three packages
September 23, 2010 | 04:56am CEToriginalThe coverage of damage by animals, natural risks, insurance of the bonus, direct liquidation of damages regardless of fault, prices and complicity...
read moreCCS, Natankuj.sk: Fuel slightly up in Czech Rep and Slovakia last week
September 23, 2010 | 04:15am CEToriginalThe price of petrol at the Czech filling stations rose by an average of 11 hellers and diesel by 16 hellers. Analysts’ expectations for this week...
read moreAustrian fast service network Fastbox to expand abroad, entering Czech Rep
September 20, 2010 | 03:31am CEToriginalThe company took over the premises of Halfords there and, moreover, it plans to open more service shops with car accessories sale. Service results in 2009, partners, plans for the Czech market...
read moreInsurance companies in Czech Rep expect growth rates of damage liability up to 5% in 2011
September 20, 2010 | 02:26am CEToriginalThey aim to implement in them the increasing damage to health, loss of profit as well as the newly introduced payments to fire brigade. The volume and number of losses in H1 2010, estimates of insurance companies and analysts...
read moreKofron Martin left SkoFIN to join KPMG
September 17, 2010 | 01:12am CEToriginalThis happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
read moreRenault and Dacia prepared special discounts on new cars, financing and insurance for people affected by floods
September 17, 2010 | 01:01am CEToriginalThe offer applies to the region of northern Bohemia with the possibility of drawing until the end of the year. Benefits beyond other special offers...
read moreToyota offers 100 Dell notebooks in Czech Rep when negotiating financing via Internet
September 17, 2010 | 12:05am CEToriginalIt is a campaign to introduce online guaranteed pre-approval of credit or lease contract. Insurance of spare car for 15 days free of charge...
read moreCLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans
September 16, 2010 | 01:20am CEToriginalReporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
read moreDirect prepared subsidized insurance for seasonal drivers and motorists operating in Czech Rep only
September 15, 2010 | 01:49am CEToriginalThe discount, excess for breaching the exception, the extension of bonus insurance free of charge, a navigation for CZK 1 in September for contracts over CZK 4,000...
read moreCLFA requires amendment of Consumer Credit Act, which has not come into force yet
September 15, 2010 | 01:26am CEToriginalThe reason is the inclusion of financial leasing in the law, which is beyond the EU directive and will bring complications to the leasing companies...
read moreCCS: Fuel prices in Czech Rep changed slightly last week
September 15, 2010 | 12:59am CEToriginalWhile petrol was slightly more expensive, the price of diesel went down. Details of price movements and the current prices...
read moreInsurance companies in Czech Rep to launch direct liquidation of damages regardless of fault
September 14, 2010 | 04:37am CEToriginalIt has been firstly introduced by Direct, at the end of September Ceska pojistovna will follow; Kooperativa and Generali are preparing it. Analyst’s opinion, other assistance services from CP...
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