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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
Mercedes-Benz Financial Services extended offer of interest-free loans for other models in Czech Rep
August 12, 2010 | 04:11am CEToriginalPart of the action is also beneficiary insurance. The offer of a two-year credit with three repayments and a three-year credit is valid until the end of the year on the models...
read moreAutomobile insurance from Slavia can be arranged at selected Sazka terminals from August
August 12, 2010 | 03:44am CEToriginalAt all Sazka terminals in the Czech Republic customers can pay premiums. Only accident insurance cannot be arranged at Sazka terminals...
read moreFiat provides car safety inspection for CZK 99/EUR 3.99 in Czech Rep and Slovakia by end of September
August 10, 2010 | 02:59am CEToriginalAt the same time, it has introduced a helpdesk LongAssist from the Europ Assistance. A discount of 20% on selected components of the braking system, LongAssist for free...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep fell again last week, stagnating in Slovakia
August 10, 2010 | 02:10am CEToriginalPetrol and diesel at Czech filling stations became identically cheaper, i.e. by 23 hellers, the difference is still around CZK 1. Analysts’ expectations for this week...
read moreUniCredit Leasing agreed on brand financing for Hyundai cars in Czech Rep
August 8, 2010 | 11:58pm CEToriginalAs for UniCredit Leasing, it is its 14th cooperation on the brand financing, for Hyundai the third financial partner. Current special offer...
read moreSrba Servis began selling cars through online auctions
August 8, 2010 | 11:51pm CEToriginalThe auctioned vehicle may be purchased in the form of funding from Credium as well. The planned auctions in 2010, the earliest auction...
read moreOpel introduced a warranty unlimited in time with limit of 160,000 km in Germany and UK
August 8, 2010 | 11:26pm CEToriginalAfter 50,000 km, however, the carmaker’s participation in the warranty repair keeps decreasing. Transferability, exceptions, other markets, the Czech Republic and Slovakia...
read moreFormer Citroen and Mitsubishi dealer Auto H.B. preparing sale of another brand
August 6, 2010 | 03:13am CEToriginalHowever, the company must deal with second insolvency proceedings at present. Creditors, the amount of debt, previous bankruptcy proceedings...
read moreInsurance companies in Czech Rep: Volume of detected frauds rose by tens of percent in H1
August 6, 2010 | 02:24am CEToriginalMost of the frauds fall on the accidental insurance, followed by damage liability and property insurance. Details of insurance companies...
read moreMartin Mitterwald left LeasePlan after 13 years
August 5, 2010 | 01:10am CEToriginalThe post of the Czech branch general manager is now vacant; as for the position of executive head, it has been taken by the chief of the Polish branch. Reasons for leaving...
read moreCompetencies and duties of Martin Kofron in SkoFIN and CLFA to be taken over by his colleagues
August 4, 2010 | 03:46am CEToriginalIn CLFA it will be Jirina Tapsikova, in SkoFIN Tamara Janouskova and Ivana Hercova. Another direction of Kofron...
read moreCCS: Fuel prices in Czech Rep dropped last week
August 3, 2010 | 12:12am CEToriginalPetrol Natural 95 discounted on average by 16 hellers and diesel by 11 hellers. In m/m and y/y comparison...
read moreAutomobile insurance market down by 6% in H1, accident insurance more than damage liability
July 29, 2010 | 12:51am CEToriginalThe ratio between premiums and the number of contracts, according to CAP, suggests a revival of car sales, especially of those expensive. Detailed results of insurance companies...
read moreInsurance companies will apparently pay fire-fighters in Czech Rep for cleaning after accidents
July 28, 2010 | 11:49pm CEToriginalThe claim amount will be drawn from damage liability or from the guarantee fund of CKP. Initiation of the force, prices of liquidation works, one of the regions as an example...
read moreMitsubishi prepared service program Bonus+ for older cars in Czech Rep and Slovakia
July 28, 2010 | 12:18am CEToriginalDiscount on spare parts for cars from 5 years of age, alternative and recovered parts, extended warranty from CarGarant, helpdesk from Mondial Assistance, free online service...
read moreSkoFIN offers deferred payment or repayment for 6 months for VW commercial vehicles
July 27, 2010 | 11:39pm CEToriginalThe interest-free loan for 6 months called the VW Odklad (Deferment) is available for models Caddy, Transporter and Crafter at the advance payment from...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep fell slightly last week, kept stagnating in Slovakia
July 26, 2010 | 11:24pm CEToriginalPetrol at Czech filling stations went down by 5 hellers and diesel by 8 hellers. Analysts’ outlook for this week...
read moreGM to restore financial division by acquisition of AmeriCredit
July 25, 2010 | 11:45pm CEToriginalDealers in the U.S. have complained that due to strict credit requirements of companies in the market and the lack of the carmaker´s captive company have been losing customers. Details in the U.S. and Europe...
read moreInsurance companies in Czech Rep: Despite drop of fatalities in H1 amount of damage still not falling
July 21, 2010 | 12:46am CEToriginalIt is caused by the high damage. Insurance companies, however, do not expect to raise the damage liability or accident insurance...
read moreNissan in Q3: Discounts on selected models, financing with 0% increase to 60 months, 2% discount on purchase in part exchange
July 20, 2010 | 04:13am CEToriginalThe Qashqai has become cheaper by CZK 17,500, X-Trail by CZK 40,000. On the contrary, the Note has become slightly more expensive, the discount on the Navara pickup is minor...
read moreDalibor Komarek left Home Credit after 8 years
July 20, 2010 | 03:58am CEToriginalHe has been replaced in the post of the head for marketing communications in the Czech Republic and Slovakia by Cyril Krupala who came into the Home Credit from the company...
read moreCeska podnikatelska pojistovna launched second phase of Internet insurance
July 20, 2010 | 03:37am CEToriginalMojeCPP offers services at the level of Internet banking. Possibilities of the new application extend the previous version launched in late 2009...
read moreCCS Natankuj.sk: Fuel in Czech Rep became cheaper last week; unchanged in Slovakia
July 20, 2010 | 03:16am CEToriginalPetrol at Czech filling stations went down by an average of 17 hellers and diesel by 18 hellers. Reasons for the drop in prices and analysts' expectations for this week...
read moreToyota Financial Services offers free car insurance for new Toyota Yaris in Q3 in Czech Rep
July 20, 2010 | 02:41am CEToriginalThe offer applies when buying a car in cash and on credit. The customer can save around CZK 11,000. Current number of active contracts...
read moreVaclav Balek to leave Ceska pojistovna, reputedly to Allianz
July 15, 2010 | 03:38am CEToriginalSpokeswoman Pavla Pasekova left Allianz insurance company in late June. Tender, new Pasekova’s place of work...
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