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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
Citibank and insurance company Direct agreed to cooperate in Czech Rep
March 8, 2010 | 12:49am CEToriginalThe partnership will bring customers of both companies a number of advantages like cheaper car insurance or a discount on Shell fuels...
read moreSkoFIN registered decrease of new contracts by 31.8% and volume of transactions by 39.6% in 2009
March 7, 2010 | 11:31pm CEToriginalHowever, the decline was less than the fall registered by the entire Czech market. Nevertheless, the company managed to significantly increase non-leasing financing…
read moreWhen buying Hyundai ix35 with Uniqa insurance, customer receives voucher for accessories for CZK 3,500
March 3, 2010 | 01:15am CEToriginalSpecial offer can be used till April 30. The penetration of the insurance company Uniqa on sales of Hyundai cars in the Czech Republic...
read moreCCS: Fuel more expensive by 30 hellers in Czech Rep last week
March 2, 2010 | 12:26am CEToriginalPrice of petrol went up in Slovakia, diesel stagnated. This week, analysts expect...
read moreLeasePlan considers to offer CarWatch application outside the circle of their clients too
March 1, 2010 | 12:12am CEToriginalThe electronic book can save up to 30% of the costs of company vehicles, according to the company. Features and options of the CarWatch...
read moreCSOB Pojistovna: Risk of traffic accident up the most in Usti Region in 2009
February 28, 2010 | 11:18pm CEToriginalOut of the high-risk districts, Prague-West and Brno bettered; low-risk districts were also better. Total Czech Republic average in 2009...
read moreCredium: Credit card for motorists acquired by 10,000 customers in two years’ time
February 28, 2010 | 10:31pm CEToriginalCredium is extending the benefits and loyalty card program, cooperating with companies EuroOil, Defend, ACA, Sixt, Czechocar, Molpir or GPD Service Team...
read moreInsurance companies attract motorists to various additional insurance free of charge
February 24, 2010 | 09:24pm CEToriginalFor example, additional insurance for conflict with game, ladies handbags, accident, windscreen, personal things, motorcycle or truck, natural disaster, or weather information...
read moreCSOB Leasing concluded 600 contracts on short financial leasing for CZK 450 million so far
February 24, 2010 | 09:06pm CEToriginalThe company has reached this objective over seven months. However, the government exception is about to expire…
read moreRenault Laguna: Discount of up to CZK 120,000 and extended warranty for 5 years witn funding
February 23, 2010 | 11:19pm CEToriginalDiscounts up to CZK 50,000, extended warranty free or financing with 0% interest can be still acquired for other Renault and Dacia models. Laguna is now starting at...
read moreNissan Finance: Micra and Note with discount of up to CZK 27,000 and financing with 0% interest
February 23, 2010 | 10:47pm CEToriginalLease or loan with 0% increase is also available for the 370Z sports model. This special offer has pushed the prices of models to...
read moreGenerali included coverage of animal crash risk to damage liability
February 23, 2010 | 03:57am CEToriginalThat kind of coverage has been the prerogative of accident insurance so far. The insurance company will offer the animal crash in a new variant Komplet...
read moreInsurance company Direct started providing handbag insurance to car insurance for free
February 23, 2010 | 03:08am CEToriginalThe handbag’s insurance applies to situations that happen to women in the car. Limit of indemnity, participation, territorial force...
read moreCCS: Fuel a little cheaper in Czech Rep last week, only diesel cheaper in Slovakia
February 23, 2010 | 01:54am CEToriginalPetrol Natural 95 became cheaper at Czech petrol stations on average by 9 hellers, diesel by 6 hellers. This week, analysts expect...
read moreACA began offering e-fleet management Motion Control to general public
February 16, 2010 | 12:26am CEToriginalAfter completion of the test period, the company aims to offer the service even to non-clients this year. Service benefits, savings options, price...
read moreCCS: Fuel prices stagnated in Czech Rep last week
February 15, 2010 | 10:57pm CEToriginalPetrol Natural 95 became more expensive on average by 1 heller to CZK 30.26 per litre, diesel remained at CZK 28.70. The month-to-month and year-to-year comparison...
read moreDirect insurance company prepared web application to obtain clients of competition
February 11, 2010 | 01:56am CEToriginalThe new application generates or sends an e-mail notice in due course to people interested in coming to Direct...
read moreCouncil for advertising: Advert of insurance company Slavia for damage liability with fine insurance Krystof is ethical
February 11, 2010 | 01:08am CEToriginalThe Council has been addressing only the first complaint on the advertisement since the launching of the insurance Krystof on the market in 2007, the complainant was...
read moreSaab dealer network to be doubled in Czech Rep and Slovakia
February 10, 2010 | 07:55am CEToriginalNow signing of the contract for the sale of Saab to Spyker is being awaited. Polar Mobil should remain importer, brand financing...
read moreSrovnavac.cz: Insurance companies Axa, Wustenrot and Generali increase rate of compulsory liability
February 10, 2010 | 02:42am CEToriginalConversely, Ceska pojistovna is lowering the rates. Axa insurance company newly reflects client’s residence in addition to engine power...
read moreDalkia in Czech Rep decided for transfer to operational leasing, CSOB Leasing being provider
February 10, 2010 | 02:30am CEToriginalThere were 130 cars of the company Dalkia passing to the CSOB Leasing management, tens will follow this year and hundreds in five years. CSOB Leasing has also succeeded in other tenders...
read moreD.A.S.: Uniqa’s car insurance package awoke interest, we expect over 1,000 contracts this year
February 10, 2010 | 01:55am CEToriginalThe insurance company D.A.S. providing legal protection has been operating in the Czech Republic for 15 years. The current number and structure of contracts, insurance stock and the 2009 results...
read moreCeska pojistovna to register car at transport inspectorate for free within car insurance conclusion
February 10, 2010 | 12:47am CEToriginalThe insurance company has started a pilot run in seven towns. CP will therefore save the new car owner’s time and money spent for this service, which costs...
read moreCCS: Fuel slightly cheaper last week in Czech Rep, only diesel in Slovakia
February 9, 2010 | 11:28pm CEToriginalNatural 95 became cheaper by 9 hellers at Czech petrol stations, diesel by 13 hellers. This week...
read moreSrovnavac.cz: Rates of compulsory liability of large and small insurance companies approaching thanks to number of discounts and bonuses
February 9, 2010 | 12:51am CEToriginalSeven options to achieve a cheaper third-party liability are already available. It extends to the census and copying of bonuses and car insurance on-line...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
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SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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Brano aims to develop its own electric vehicle, later might start producing it
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