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ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025
October 14, 2024 | 02:56pm CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)
October 14, 2024 | 02:52pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend
October 14, 2024 | 02:47pm CETflashread more
The Extra Mile by Equip Auto 2024: Equip'Auto SAS to hold conference on automotive aftersales, services in Paris, France on October 16. Representatives of BMW Group, Renault Group, Stellantis, Continental Automotive, Forvia, Valeo, Allianz, Capgemini, Inovev, LKQ, Mobilians, Orsay Consulting, Solera, FIEV, FIGIEFA, France AutoTech, PFA to speak at event
October 11, 2024 | 10:57am CETflashread more
Floods in Czechia: Pillow Pojišťovna registered 589 claims (including 32 damaged vehicles) in expected volume of tens of millions of korunas (millions of euros) until September 20, 6:00pm. Insurance company estimates total number of damages from high water at less than 1,000
October 11, 2024 | 10:41am CETflashread more
Mondial de l'Auto Paris 2024: BMW Group (BMW, Mini, BMW Motorrad), Chery (Moke), Dongfeng (Forthing), GM (Cadillac), Renault Group (Renault, Renault Pro+, Dacia, Alpine, Mobilize), SAIC (Maxus), Seres/Huawei (AITO), Stellantis (Alfa Romeo, Citroën, Peugeot, Leapmotor), Volkswagen Group (VW, Audi, Škoda, Mobility Solutions), Aixam-Mega, BYD, Dangel, Delage, Devalliet, Devinci, Eon Motors, Ford, GAC, Hongqi, Iveco, Kia, Kilow, Ligier, Lormauto, Microlino, Pantore, PGO, Pilotcar, Skyworth, Softcar, Tesla, THK, XPeng, Automotive Cells Company (ACC), Alpitronic, AutoScout24, Crédit Agricole Personal Finance & Mobility, Cybex, Deloitte, Eaton, EDF, Ekoenergetyka, Engie, Forvia, Schneider Electric, STMicroelectronics, TotalEnergies, Valeo, Vinci Autoroutes, Xing Mobility to join Paris Motor Show in France (October 14-20)
October 10, 2024 | 12:26pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.3% m/m in September, by 1.7% y/y (new: -0.1%, +1.6%; used: -0.4%, -3.9%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.1%, +0.0%), spare parts and accessories (+1.1%, +5.9%), fuels and oils (-4.8%, -11.2%), maintenance and repairs / service works (+0.2%, +8.5%)
October 10, 2024 | 12:12pm CETflashread more
National Development Bank (NRB) accepted applications for 4,686 electric vehicles (4,684 passenger cars, 2 trucks up to 4,25 tonnes), 1,937 charging stations (1,775 AC, 89 DC up to 40 kW, 71 DC above 40 kW) in Czechia during almost six months (26 weeks, March 18 – September 11) 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). Plan to subsidize 4,055 ZEVs and 1,500 charging points fulfilled ahead of time, we currently anticipate 6,000-7,000 supported vehicles and 2,200-2,300 charging points, Muřický (MPO) said
October 10, 2024 | 12:04pm CETflashread more
Trends in Insurance Industry of Czechia & Slovakia 2024: Conforum to hold 10th conference on Czech, Slovak insurance market in Prague, Czechia on October 24. Representatives of Colonnade Insurance, Kooperativa, ČPP (Česká podnikatelská pojišťovna), BNP Paribas Cardif, Uniqa, Slavia Pojišťovna, Pillow Pojišťovna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event
October 9, 2024 | 11:47am CETflashread more
PwC revised 2024 Czech new car registrations forecast from 225,000-235,000 units (+2% to +6%, 2023: 221,422) to 225,000-227,000 units (+2% to +3%), based on development to date (Q1: +2.2%, Q2: +4.1%, Q3: +1.5%). Demand for cars is still affected by weaker economic growth. Currently, however, we are already observing gradual small improvements – in particular, decrease in inflation and interest rates together with moderate economic growth, Štefek said, adding that GDP in Q2 2024 increased by 0.6% y/y and stronger growth of Czech economy is expected as late as 2025 (2.7-2.8%)
October 9, 2024 | 11:38am CETflashread more
Expected development of automotive industry in Czech Republic and in world 2024: 21st automotive conference to take place in Brno, Czechia on October 23. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Stellantis Slovakia, Kia Slovakia, Tatra Trucks, SOR Libchavy, Valeo, Vitesco Technologies, Plastika, Fanuc, Adastra, Technodat, Dytron, Minerva, 3Dwiser/Admasys, Ekomaziva, Tedom Energie, KPMG, Accenture, Enovation, ČNB (Czech National Bank), ČEB (Czech Export Bank), EGAP (Export Guarantee and Insurance Corporation), MPO (Ministry of Industry and Trade of Czech Republic), Time & Space Ukraine to speak at event
October 8, 2024 | 08:57am CETflashread more
Atlas Copco acquired assets of Mont-Tech (manufacturer of assembly automation machines and systems with 27 employees in Brno, Czechia; customers: Cooper-Standard Automotive Czech Republic, Inergy Automotive Systems Slovakia/Plastic Omnium Auto Inergy Slovakia, ITW Pronovia, Adient Interiors, Adient Czech Republic, Siemens Elektromotory, Volkswagen Slovakia; revenues of EUR 3.5 million in 2023), integrating them into Motor Vehicle Industry (MVI) Tools and Assembly Systems division belonging to Industrial Technique business unit
October 8, 2024 | 08:52am CETflashread more
Financial Companies
Das WeltAuto: Used car sales in Czech Rep up by 13.8% in 2015
January 14, 2016 | 12:35am CEToriginalRecord year of the program on the Czech market, demand for individual brands, marketing offers ongoing in 2016...
read moreDachser testing vehicles with alternative drives
January 11, 2016 | 11:46pm CEToriginalBrands, models, locations, EVs for streets of historic cities, electric tractor trailers for logistic centres, HEVs, expanded cooperation with ALD Automotive...
read moreCarGarantie expanded cooperation with PSA Peugeot Citroen in Europe
January 6, 2016 | 11:40pm CEToriginalCountry, brands, timing, details of the extended warranty, mobility guarantee, coverage, excess, warranty on electric bikes...
read moreLeasePlan wants to expand fleet by third to 2 million cars by 2020
December 27, 2015 | 11:56pm CEToriginalSurpassing the border of 1.5 million cars in the management, development of individual client groups, the situation in the Czech Republic, the 20th anniversary of the Czech branch...
read moreGE Capital found buyer for some of its activities in Asia
December 18, 2015 | 04:27am CEToriginalThe name of the investor and his expansion into new areas, the price of the transaction, the continuing sell-off of the financial division of GE...
read moreRenault to expand sales of EVs in Central Europe
December 9, 2015 | 12:31am CEToriginalThe countries concerned, models, prices, battery leasing, timing, sales results, infrastructure partner, use at airports...
read moreAntitrust office allowed Allianz to buy Wustenrot insurance business in Czech Rep
December 7, 2015 | 11:08pm CEToriginalIt is life and non-life insurance company. UOHS satement, partnership in the sale of insurance, credits and building savings...
read moreFord to make rotation of managers in Czech Rep
December 6, 2015 | 11:55pm CEToriginalManagers concerned and their profiles, changed positions, reasons, timing...
read moreNissan appointed new fleet manager for Czech Rep and Slovakia
November 30, 2015 | 11:12pm CEToriginalShe has experience from automakers and leasing companies. Marek Safarcik's successor…
read moreCzechBus 2015: Fair's fifth year to host 21 bus brands
November 22, 2015 | 11:07pm CEToriginalThe exhibition area, bus exhibitors, suppliers of components and service equipment, the conference of LNG buses, electric buses and public transport...
read moreCzech Post to expand fleet with hundreds of Peugeot vans
November 9, 2015 | 12:08am CEToriginalSupplier, exercise of an option from a previous contract, models and the number of vehicles, colour change, rising postal fleet with the lion badge, record year for the LCV division of Peugeot in the Czech Republic...
read moreNew Seat dealership opened in Czech Rep
November 8, 2015 | 11:28pm CEToriginalLocation, dealer and his other activities, the parameters of the largest showroom in the country, HR, car wash with a capacity of 80 vehicles/hour...
read moreALD Automotive Fleet Awards 2015: Winners of eighth year are Daimler, LeasePlan, Allianz, ALD, Elit and Toyota
November 4, 2015 | 12:10am CEToriginalFleet muses in the Company Car of the Year in the Czech Republic were given to Skoda (5), Mercedes (3), Ford (2), VW (1), Volvo (1) and Renault (1). Managers of the Year...
read moreAutoSympo 2015: Symposium on alternative drives and R&D to be held in Czech Rep
November 3, 2015 | 11:50pm CEToriginalFocus on gas and electric propulsion, the cancellation of registration fee, speakers from Skoda, Iveco, SOR, TUV Sud, TUV Nord, LeasePlan, CzechInvest and RWE...
read moreEasy Lease: Auto Charouz introduced long-term offer of operating leases for consumers
November 2, 2015 | 11:25pm CEToriginalThe connection with the testing service Charouz Mobility, brands, models and prices, the possibility of car replacement every 6 months, accident insurance with participation paid by the lessor...
read moreOpel launched campaign aimed at firms in Czech Rep and Slovakia
October 29, 2015 | 11:36pm CEToriginalThe websites, a gift for visiting a dealership, customer categories, maintenance at fixed prices Opel Fair Servis, service contracts, Service4Fleet for wholesale clients...
read moreServisni pojistovna began offering rewards for help in finding stolen cars
October 28, 2015 | 11:34pm CEToriginalThe current search for an old Ford insured under Classic Vintage, the reward...
read moreTesla car rental established in Czech Rep
October 25, 2015 | 11:39pm CEToriginalThe fleet also includes other EVs. The models, prices, microsite, experiential drives, operating lease for an indefinite period with an exchange of the car after six months, the partners...
read moreServisni pojistovna changed organizational structure and plans to expand in Czech Rep
October 21, 2015 | 12:17am CEToriginalReasons, the new position of Managing Director, territorial and product expansion, changes in rates, bonuses, contractual network of service shops, partners...
read moreCzech Car 2015: Most popular new car in Czech Rep is Skoda Superb
October 20, 2015 | 11:44pm CEToriginalFord and BMW were also successful in the third year of the survey. Expanding voting with Prague Motor Show, a smaller number of votes, testing by consumers, partners...
read moreCode of Ethics: Hyundai affair affected Mitsubishi dealer network most
October 20, 2015 | 02:25am CEToriginalFour partners have joined the network, one has left. One company exchanged the Hyundai brand for Mitsubishi under other circumstances...
read moreTschirschnitz: BMW gradually expands e-mobility in CEE
October 18, 2015 | 11:34pm CEToriginalThe introduction of the BMW i brand in other countries, involvement in the project Central European Green Corridors, DriveNow car sharing, BMW eDrive plug-in hybrids, sales in the region...
read moreDas WeltAuto: Further sales outlets established in Czech Rep
October 18, 2015 | 10:55pm CEToriginalThe sales results in 2014-2015, the average price, autumn special offers, group’s warranty for used cars up to 7 years/200,000 km...
read moreDieselgate: Volkswagen plans extensive cost-cutting measures
October 12, 2015 | 11:52pm CEToriginalThese are to affect suppliers, employees, marketing, sponsorship and models. Revision of the planned investments, fall into the non-consolidated loss in 2015...
read moreEnergeticky a prumyslovy holding to renew part of fleet with Opel vehicles
October 12, 2015 | 11:35pm CEToriginalThe volume of the contract, the cars and vans considered, timing, leasing partner, the largest fleet business of the carmaker in the Czech Republic and Slovakia in the last 10 years...
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