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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
IIR holds conference HR Managers’ Meeting 2009
November 22, 2009 | 01:25pm CEToriginalThe 12th year of the event has also a separate block of financial sector and production sphere. Representatives of insurance and automotive companies will also be speaking there...
read moreSantander leaves automobile financing in Central Europe, shifts interest to South America
November 20, 2009 | 02:27am CEToriginalAfter having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
read moreFleetCor intend to expand fleet management in Europe, buying Czech company CarNet
November 19, 2009 | 09:15pm CEToriginalThe existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
read morePetr Kohout left Essox to develop activities of affiliated company in Vietnam
November 16, 2009 | 08:30pm CEToriginalSociete Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
read moreCCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up
November 16, 2009 | 07:30pm CEToriginalPetrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
read moreBrand financing of Mazda cars in Czech Rep and Slovakia newly provided by Credium
November 12, 2009 | 10:41pm CEToriginalCredium will finance dealer’s stock cars as well as buying cars by customers under brand Mazda Finance. Credium has thus replaced company…
read moreSkoFin offers financing of ecological showrooms of Volkswagen Group’s dealers in Czech Rep
November 12, 2009 | 07:16pm CEToriginalThe company finances solar panels for roofs of showroom, photovoltaic parks and will be financing even electric cars in the future. First projects have already started…
read moreCCS: Fuel continue to become more expensive in Czech Rep for third week already, stagnating in Slovakia
November 9, 2009 | 11:22pm CEToriginalPetrol and diesel became more expensive at Czech filling stations by more than 30 hellers. Development during this week…
read moreUniCredit Leasing prepared favoured car financing for liberal professions
November 7, 2009 | 12:26pm CEToriginalMembers of the professions do not pay a flat fee, they can choose to calculation with a lower instalment...
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreVolkswagen offers Golf and Golf Plus with 0% interest in availing of lease or credit from SkoFIN
November 5, 2009 | 02:11pm CEToriginalThis special offer stands for savings of CZK 40,000 up to CZK 60,000. Further allowance is possible to acquire in purchasing action packets…
read moreIIR holds conference Insurance Business in CZ & SK in Prague in late November
November 4, 2009 | 10:54am CEToriginalThe sixth year of the event has a separate block dealing with non-life insurance; the conference is complemented with two workshops. Speakers at the conference…
read moreCSOB Pojistovna: The highest risk of car accidents still in Prague, Northern Bohemia gaining on capital
November 3, 2009 | 05:07pm CEToriginalOn the other hand, drivers in Eastern Bohemia and Vysocina can feel the safest on roads on a long term basis. In separate regions…
read moreCCS: Price of driving fuel in Czech Rep continue to go up, in Slovakia as well
November 2, 2009 | 07:00pm CEToriginalPetrol and diesel became more expensive by more than 30 hellers last week. During the following weeks the increase in the prices of petrol and diesel is expected to…
read moreUniqa offering assistance service to damage liability free of charge by end of 2009
November 2, 2009 | 03:41pm CEToriginalMoreover, Uniqa will double no-claims bonus over the last two years and will automatically count it in the same amount for accident insurance as well…
read moreSkoFIN offer reduced interest when purchasing Volkswagen, Audi and Seat cars on credit in autumn
November 1, 2009 | 08:35pm CEToriginalIt ranges from 0% to 8.9%. Zero loan increase may be obtained, for example, in such cases...
read moreCSOB Pojistovna to increase basic rate of damage liability by 5% for 2010
November 1, 2009 | 07:05pm CEToriginalHowever, most clients will pay for the damage liability less due to bonuses for driving without accidents and other discounts. Insurance may fall to...
read moreJan Krob to be CSOB Leasing sales head as of January 2010
October 26, 2009 | 06:59pm CEToriginalKrob comes to the leasing company from the parent CSOB. He replaced Radan Santora who...
read moreCCS: Fuel went up markedly in Czech Rep last week, in Slovakia moderately
October 26, 2009 | 05:59pm CEToriginalThe oil price is now coming to its several months’ peak. During the following days, fuel price increase will continue...
read moreCCS: Petrol continues to cheapen in Czech Rep, diesel price increasing
October 20, 2009 | 03:42pm CEToriginalFuel prices are stagnating in Slovakia. Oil price reached the annual maximum last week and is now attacking the border...
read moreRenault and Dacia continue in a number of discounts in October including spare parts and tires
October 19, 2009 | 07:24pm CEToriginalToday, a winter service action was introduced in the dealer network during which customers receives an inspection of their car before the winter for CZK 98 or an extended inspection for…
read moreNews and special offers by SkoFIN: Operative leasing on-line, APR 0%, GAP insurance free of charge, winter tires for Skoda cars in addition
October 17, 2009 | 08:23pm CEToriginalThe special offer Winter Tires for model Fabia along with availing of a lease or a credit includes advantageous interest running with APR under the limit of…
read moreLeasePlan showed a profit of EUR 61 million in H1
October 17, 2009 | 06:28pm CEToriginalThe results were very negatively affected by a drop of selling prices of finished car leases. The value of portfolio and the number of cars administered…
read more2009 Prague Motor Show: Novelties from Frankfurt, Chinese cars, new EVs and HEVs
October 14, 2009 | 10:22am CEToriginalNew Czech company EVC Group will be presenting plug-in hybrid Toyota Prius or electric cars Smart and Skoda at the show…
read moreCCS: Fuel prices falling for eight week in a row in Czech Rep
October 12, 2009 | 09:36pm CEToriginalPetrol and diesel became cheaper by more than 10 hellers last week; Slovakia experienced a growth, too. During the following days…
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