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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
RCI Financial Services became member of Solus register of defaulters
July 15, 2010 | 03:19am CEToriginalHowever, the number of members has not been increased since the companies s Autouver and s Autoleasing were merged in Q2. Current member base...
read moreMartin Kofron to leave SkoFIN after 14 years and thereby also management of CLFA
July 14, 2010 | 04:23am CEToriginalKofron is a proxy and the head of SkoFIN legal department as well as the chairman of CLFA. Reasons and date of his departure…
read moreCeska sporitelna merged subsidiaries engaged in auto financing
July 14, 2010 | 12:41am CEToriginalIt is the leasing company s Autoleasing and the loan company s Autouver. Details of the merger…
read moreMazda 50:50: One-year interest-free loan from Credium with two payments received damage liability for CZK 1 per month from July
July 13, 2010 | 11:47pm CEToriginalThis expanded menu has been prepared with Ceska pojistovna. Other conditions of this offer have been preserved…
read moreCCS, Natankuj.sk: Fuel prices stagnated in Czech Rep and Slovakia last week
July 13, 2010 | 11:23pm CEToriginalThe difference between petrol and diesel thus amounts to CZK 1. Current prices and analysts' outlook for this week...
read morePR Attack began providing marketing and media communications for SkoFIN
July 13, 2010 | 01:07am CEToriginalThis service had been externally ensured by Bela Jaskova until the end of April. Pillars of the new communication strategy, PR Attack’s clients…
read moreMichal Slajs became new manager for SkoFIN’s fleet and VIP customers
July 12, 2010 | 02:20am CEToriginalSlajs has assumed this position after Jan Kloud, who was promoted to the position of a marketing director in April. He came to SkoFIN from the company...
read moreRenault and Dacia in July: Megane/Megane Grandtour discounted by CZK 20,000, Clio by CZK 15,000, Sandero by CZK 10,000
July 12, 2010 | 01:29am CEToriginalOn the contrary, the Grand Modus and the Koleos have become more expensive. Extended warranty for some models on lease/credit has a lower limit by 50,000 km now...
read moreSkoFIN launched microsite with current offer of financial products and calculator
July 12, 2010 | 01:00am CEToriginalCurrent products of Skoda TSI Start, VW half, VW suspension, Light; insurance, additional insurance and assistance; support through Facebook and e-cards...
read moreAles Polak moved from GE Money Auto to Arval
July 8, 2010 | 01:43am CEToriginalPolak had been working at the GE Money Auto since 2001, most recently as a board member with responsibility for product and dealer management. His predecessor, Marek Pichal…
read moreCCS: Fuel prices in Czech Rep slightly declined last week
July 8, 2010 | 12:39am CEToriginalPetrol Natural 95 discounted by an average of 2 hellers, diesel by 3 hellers. In the m/m and y/y comparison…
read moreMitsubishi wants to sell 30,000 ASX cars in Europe in 2010, 500 in Czech Rep and 200 in Slovakia
July 1, 2010 | 11:46pm CEToriginalDevelopment in the C-SUV/crossover segment, engines, start-stop, dual-clutch gearbox, equipment and prices, the boot action, warranty...
read moreEurop Assistance: Electric cars, software repairs at distance and eCall to change field of automobile assistance
July 1, 2010 | 10:13pm CEToriginalCar warranties, according to the company, will penetrate into unauthorized networks, service contracts into the non-premium segment for an extra fee…
read moreOpel wants to increase market share in Czech Rep to 5% by 2013
July 1, 2010 | 09:57pm CEToriginalOptimized supply and reduced prices by up to CZK 20,000 should contribute to it. New prices from July 1, financing options...
read moreGE Money Auto: Used car prices dropped by 20% y/y, in some cases by more than 30%
June 29, 2010 | 05:08am CEToriginalHowever, the used car dealers do not expect further drop in prices. Majority of people buy cars to CZK 150,000 using the funding...
read moreCCS, Natankuj.sk: Fuel prices rose in Czech Rep last week, only slightly in Slovakia
June 28, 2010 | 11:42pm CEToriginalPetrol sold at filling stations in the Czech Republic became more expensive on average by 14 hellers, diesel by 19 hellers. Analysts’ outlook for this week...
read moreGonow expands production in China, planning expansion in Europe
June 28, 2010 | 02:59am CEToriginalContemplated warehouse of cars and parts in the Czech Republic, cooperation with Axa Assistance in Italy, the expected interest in pickups and SUVs, extension of the range of models from two to four...
read moreEurop Assistance started to provide assistance services for Nissan commercial vehicles in Central Europe
June 28, 2010 | 02:16am CEToriginalThe cooperation relates to special assistances for trucks over 3.5 tonnes in several European countries including the Czech Republic and Slovakia...
read moreSlavomir Rozman left Defend Group
June 28, 2010 | 01:37am CEToriginalHis successor has not been appointed yet, competences have been taken over by the marketing manager Alice Machackova...
read moreNew partners Auto Esa and Direct Pojistovna prepared summer competition for scooter
June 27, 2010 | 11:57pm CEToriginalParticipation in the competition is not bound to used car purchase, but only to car insurance conclusion. The scooter’s brand, competition question...
read moreDirect Pojistovna came with bonus protection insurance for claims-free record to Czech market
June 24, 2010 | 03:40am CEToriginalThis additional insurance can be arranged to accident insurance as well as to damage liability; within the current offer it is free of charge. Details...
read moreAudi Light from SkoFIN: 0% increase when funding with initial payment above 50% for contracts up to 3 years
June 24, 2010 | 03:14am CEToriginalAll options of financing include insurance from Allianz with the option to add GAP insurance or insurance of legal protection. Details of the new product...
read moreKooperativa moved part of communicate with its clients on Internet
June 24, 2010 | 02:38am CEToriginalOn the website of the insurance company, customers may newly view data in the insurance contract, or make some changes. Possibilities of the new application...
read moreFiat to take control of Chrysler Group's sales activities in Europe
June 23, 2010 | 02:20am CEToriginalThis will mean changes for importers, dealers and financing. The junction of dealer networks of Chrysler and Lancia, brand financing by FGA Capital...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep stagnated last week, up in Slovakia markedly
June 22, 2010 | 11:22pm CEToriginalCurrent prices in both countries, price movements, expected developments this week, analysts...
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