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Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 9.8% in Q3, by 4.7% to 506,500 in Q1-3 (VW -5.1%, -0.7%; Škoda -7.8%, -6.7%; SEAT+Cupra -4.4%, -3.7%; VW Commercial Vehicles -26.3%, +2.2%; Audi -17.4%, -5.9%; Porsche -25%, -41%; MAN -46.7%, -43%; VW Truck & Bus +180%, +139%; Scania +81.8%, +0%; International Motors/Navistar +37%, +65.1%). VW ID.4/ID.5 (135,200 cars), VW ID.3 (105,900), Audi Q4 e-Tron (including Sportback, 78,800), Škoda Enyaq (including Coupé, 50,800), Cupra Born (29,600), Audi Q8 e-Tron (including Sportback, 23,900), VW ID.7 (including Tourer, 22,200), VW ID. Buzz (including Cargo, 20,000) were best-selling BEVs. BEV order bank in Western Europe stands at around 170,000 vehicles, automaker said, adding that PHEV deliveries up by 9% to 192,000 in Q1-3
October 24, 2024 | 02:38pm CETflashread more
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá Boleslav, Czechia in June, which takes overall quality and reliability of batteries for electric vehicles to new level. Workplace is able to use computed tomograph (CT) to visualize its internal structure in very high resolution without need for mechanical penetration into battery. CT LargeScan 2.0 device developed by Esperanto s.r.o. (distributor of Witte Barskamp, Unima, Kordt, Mitutoyo clamping, measuring equipment in Czechia, Slovakia, Ukraine) allows x-ray technology to check quality of various battery parts (cells, control units, wire harnesses, connectors, seals) and with significant advantages over touch or laser inspection. It is pilot deployment in Volkswagen Group
October 23, 2024 | 04:12pm CETflashread more
2024 Prague Car Festival (October 26-27): Tuning Expo (partners: BSR, CarMedia Pro, Saga Praha/Mercedes-Benz AMG Performance Center, Febi Bilstein, Performance Messe), Racing Expo (Ronal, Česká podnikatelská pojišťovna/ČPP, Liqui Moly), Classic Expo (Interaction/Spies Hecker, Retro Garáž, Engine Prague) exhibitions once again to be held simultaneously in Prague, Czechia, 13th year on area of more than 38,000 sqm. Würth to also join fair. Tomáš Vaněk (Vizus Communication) became PR manager of festival. Over 37,000 people visited event in 2023
October 23, 2024 | 04:07pm CETflashread more
Raiffeisen-Leasing received more than 1,300 applications for financing in Czechia under Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest was in Tesla cars (over 90%), average loan amount per vehicle was CZK 600,000 (EUR 23,750)
October 23, 2024 | 04:01pm CETflashread more
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 of 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
Financial Companies
Ford Credit started offering two-year long financial lease, in two versions at once
October 8, 2009 | 10:59pm CEToriginalThe second novelty is additional insurance of all car screens for free within leasing and credit products arranged until…
read moreCEO of Allianz pojistovna Miroslav Tacl reportedly to have been withdrawn
October 7, 2009 | 11:23pm CEToriginalThe reason should be personnel disagreements among board members. Tacl rejected to comment on anything. He should stay at the head of the insurance company until…
read moreCCS: Prices of driving fuel coming down for seventh week in a row in Czech Rep, only petrol cheaper in Slovakia
October 7, 2009 | 09:42am CEToriginalDuring this week the cuts in prices should be stopped at Czech filling stations. Price of petrol should stagnate, and considering diesel…
read moreMakro started offering financial products of Allianz and Essox in its wholesale markets
October 4, 2009 | 06:14pm CEToriginalAdvantageous services under the title Minsurance and Mprofinance also cover car insurance…
read moreDavid Keller back in AAA Auto after several years in Santander
October 4, 2009 | 03:36pm CEToriginalHe became a new sales head in AAA Auto as of October 1. Petr Suchanek, who has been in charge of sales in AAA Auto so far...
read moreKomercni banka and Ceska pojistovna agreed on mutual sale of products
October 4, 2009 | 02:08pm CEToriginalThe contract has been concluded for five years with possibility of an option on extension. The bank thus started offering damage liability and accident insurance from the insurance company…
read moreAAA Auto offering a discount of CZK 20,000 to 50,000 for a car purchase by leasing or credit by end of October
October 1, 2009 | 10:55am CEToriginalThe level of discount is directly proportional to car value and duration of repayment. Penetration of financial services provided by AAA Auto now reaches…
read moreGE Money Auto offering free capacity insurance to credit for car purchase by end of year
September 30, 2009 | 11:20pm CEToriginalGE Money Auto has been offering capacity insurance since 2000 already. Insurance for the credit autoCredit Jistota is provided by the French insurance company...
read moreCCS: Driving fuel in Czech Rep becoming cheaper for sixth week in a row
September 29, 2009 | 04:24pm CEToriginalPrices of driving fuel are stagnating in Slovakia. This week at Czech filling stations...
read moreMatula (UniCredit Leasing): Leasing dropped at beginning of year, no changes this year any more
September 29, 2009 | 01:08pm CEToriginalFinancial leasing has been though revived due to tax legislative changes, according to him. Used car market works so the cars that are not being paid up...
read moreCredium agreed to cooperate with another carmaker in Czech Rep, starting Hyundai cars’ financing
September 24, 2009 | 01:52am CEToriginalHyundai customers may choose between financing through long-term partner CSOB Leasing or a new company Credium. The new cooperation will be presented under the brand...
read moreCCS: Fuel prices continued decreasing fifth week in row already in Czech Rep, stagnating in Slovakia
September 21, 2009 | 07:00pm CEToriginalPetrol on the Czech market reduced the price by 28 hellers last week, diesel by 19 hellers. This week, the fuel prices...
read moreCKP: Number and amount of damages in mandatory liability increased by 5% in H1
September 18, 2009 | 06:40pm CEToriginalFrom January to August, Kooperativa has reported a total of 115,000 claims from motor vehicles insurance, which represents in the y/y comparison...
read moreCooperation of Credium and Fiat Group in car financing field spread to Slovakia
September 16, 2009 | 10:33pm CEToriginalThe exclusive cooperation has been running in the Czech Republic since 2007. Financing of vehicles Fiat, Alfa Romeo and Lancia is successful on the Czech market; penetration reaches...
read moreCCS: Fuel prices continue decreasing fourth week in row already in Czech Rep
September 15, 2009 | 11:33am CEToriginalNatural 95 reduced the price by an average of 22 hellers, diesel by 18 hellers last week. Fuel became slightly cheaper in Slovakia as well. This week it is being expected...
read moreManagement of leasing company SkoFIN slimmed in summer
September 14, 2009 | 06:17pm CEToriginalStefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...
read moreCredium became next partner in field of Kia dealer network wholesale financing in Czech Rep
September 14, 2009 | 04:56pm CEToriginalThe company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
read moreLexus began to offer branded financing of its cars in Czech Rep
September 14, 2009 | 02:17pm CEToriginalUnder the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...
read moreAvia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreCSOB Leasing: Businessmen using short financial leasing
September 9, 2009 | 10:39pm CEToriginalFor a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...
read moreCitroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September
September 7, 2009 | 08:57pm CEToriginalWhen using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
read moreCCS: Fuel in Czech Rep slightly cheapened last week
September 7, 2009 | 08:11pm CEToriginalThe difference between petrol and diesel is still around CZK 2. According to analysts, prices at petrol stations are going to decrease during the following days, while...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreIpsos/Direct: Rate of driving fuel consumption among most important factors when purchasing new car
September 5, 2009 | 01:15pm CEToriginalEconomic situation forces Czechs to drive more economically, to which the style of driving contributes as well. To forego wasted expenses for operation and services, they try to...
read moreDirect Pojistovna wants to increase number of clients more than fivefold in Czech Rep by 2013
September 4, 2009 | 01:12pm CEToriginalThe insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…
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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
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King Long expands in Europe, established partner for Czech Rep and Slovakia
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Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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