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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
s Autoleasing began providing clients with schedule of payments automatically to new contracts
August 27, 2010 | 01:55am CEToriginalThe company is thus responding to the amendment to the Consumer Protection Act in advance, coming in force as of January 2011. The schedule of payments includes...
read moreUniqa: Free service warning against weather fluctuations averted damages for several million crowns
August 26, 2010 | 02:54am CEToriginalA total of 260,000 warning messages were sent within the MeteoUniqa service, of which 20,000 before the recent hailstorm. Partner of the system, extension from September...
read mores Autoleasing offers restructuring of credit or lease to people affected by floods
August 26, 2010 | 02:13am CEToriginalThe company will extend the repayment period, thereby reducing monthly repayments. The restructuring is free of charge and will be accelerated. The offer is valid until...
read moreSkoFIN continues in restructuring, having merged other departments
August 25, 2010 | 03:35am CEToriginalAt the end of August, Ondrej Kozak, the head of sales and dealers’ care, is going to leave. A new head of sales department became...
read moreCebia expanding abroad, first country to be Slovakia
August 24, 2010 | 03:40am CEToriginalStrategy, international management, services offered, Slovak partners, situation on the used car market in Slovakia...
read moreStefan Tillinger to leave Ceska pojistovna, to possibly remain in Generali PPF Holding
August 24, 2010 | 03:08am CEToriginalTillinger worked at Generali since 2001 and in 2008 he joined Ceska pojistovna within a work rotation. His successor...
read moreMake Cars Green: UAMK joined FIA global campaign in Czech Rep, SATC in Slovakia
August 24, 2010 | 02:47am CEToriginalNavigation, tire pressure monitoring system, start-stop, six- and multi-speed gearbox or others can contribute to greener operation...
read moreCAP: Insurance companies recorded 15,294 losses on cars for CZK 743 million after hailstorm in Central Bohemia
August 24, 2010 | 02:39am CEToriginalAfter the floods in early August, they have been registering 467 losses on vehicles for CZK 39 million. The share of damage to private and company cars...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep continued in decrease last week, petrol discounted in Slovakia after long time
August 24, 2010 | 02:21am CEToriginalPetrol at Czech filling stations went down by an average of 4 hellers, diesel by 8 hellers. Analysts’ outlook for this week...
read moreCarGarant: Dealers to make more money on additional services than on cars
August 23, 2010 | 01:04am CEToriginalMargins on new cars will be minimum in the coming years, as for services such as insurance, assistance services or car services they will remain relatively high. References…
read moreMercedes-Benz SuperInsurance: Discounted rates for accident insurance for CLS, GLK and C-Class on lease or credit until end of 2010
August 23, 2010 | 12:20am CEToriginalThe standard and premium rates, the possibility of combining with equipment packets, the special offer for E-Class, insurance for new and used cars for cash, partners...
read moreInsurance companies in Czech Rep record 14,500 car losses for CZK 725 million after hailstorm
August 22, 2010 | 11:14pm CEToriginalAugust floods have caused only 445 losses on cars for CZK 37 million. Details of individual insurance companies, damaged cars of importers and dealers in Prague...
read moreCarGarant prepares for expansion in Czech Rep, Slovakia and abroad
August 20, 2010 | 03:35am CEToriginalNew market in Russia and its specifics, the effort for an insurance license, new partners, innovative GAP products and guarantees, new products...
read moreUniCredit Leasing offers its clients affected by floods free grace period of up to 6 months
August 20, 2010 | 12:07am CEToriginalWithin the grace period, clients will pay only the VAT and insurance of the car, which has been leased or loaned. There will be one obligation eliminated, namely the…
read moreUniqa: Natural disaster of mass character not to affect bonuses of accident insurance
August 19, 2010 | 11:54pm CEToriginalUniqa’s clients will have all the bonuses unchanged, although they will get the indemnity for damage caused by recent floods and hailstorms. As for the damage liability...
read moreCetelem offers its clients affected by floods free extended time payment and annulment of sanctions
August 19, 2010 | 11:34pm CEToriginalThis option also applies to car financing. Beside the benefit of extended time payment the client does not pay any fees which are…
read moreAuto Esa agreed with sixth partner for car insurance field, Uniqa
August 19, 2010 | 02:59am CEToriginalThe results of the first months of collaboration, the number of cooperating used car shops with Uniqa, products for used cars, new services VIN Foto and windscreen sanding, the other partners...
read morePema Automotive to build its second showroom in Karlovy Vary
August 18, 2010 | 03:54am CEToriginalThe Suzuki dealer has chosen the first brand, discussing the second one. The new brand, construction time, a loyalty program...
read moreUniqa expects 1,500 claims on vehicles after weekend hail in Central Bohemia
August 18, 2010 | 01:13am CEToriginalActual number and amount of damages, strengthen teams of technicians by external experts, the situation in the insurance company Generali...
read moreCeska pojistovna: Weekend's hail to cause more losses than flash floods
August 18, 2010 | 12:29am CEToriginalMost of the damage relates to cars, which the clients report much quicker than the flood losses. The current status and overall damage estimate...
read moreKooperativa established new liquidation centre in Prague at BMW dealer
August 17, 2010 | 11:54pm CEToriginalThe actual number and amount of damage from the Sunday's hailstorm, the overall estimate, strengthening of the call centre, including the upcoming weekend, the number losses covered from damage liability…
read moreSunday hailstorm in Central Bohemia caused thousands claims for hundreds of millions crowns
August 17, 2010 | 04:04am CEToriginalCars have been damaged the most; at Kooperativa these cover 75% of all the reported claims. Balance of some insurance companies...
read moreHome Credit to absolve people from flooded sites in Czech Rep from fee for notice of non-payment of credit
August 17, 2010 | 03:55am CEToriginalThe company wants to make their worries of the difficult life situation easier for them. Forgiving the notices applies to credits on cars as well...
read moreCCS, Natankuj.sk: Fuel slightly less expensive in Czech Rep last week, prices continue to stagnate in Slovakia
August 17, 2010 | 03:34am CEToriginalPetrol sold at Czech filling stations discounted on average by 12 hellers, diesel by 9 hellers. Analysts’ outlook for this week...
read moreKooperativa: Most of claims on cars after weekend floods to be covered by damage liability
August 13, 2010 | 03:54am CEToriginalIndemnity paid since 2005, the number of reported damages at Kooperativa and other insurance companies, elementary additional insurance from Uniqa for older cars...
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