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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
Czech Leasing and Financial Association elected Board of Directors for next two years
April 21, 2017 | 12:52am CEToriginalLibor Bosak has been elected for the second time. Vice-Chairmans and Members of the Board...
read moreAutoBinck appointed new Mitsubishi Country Manager for Slovakia
April 6, 2017 | 01:28am CEToriginalRudolf Bobek is retiring after 20 years with AutoBinck Group. New head of sales of Mitsubishi vehicles in the Slovak market...
read moreLeasePlan named new Sales Director in Czech Rep
March 30, 2017 | 01:14am CEToriginalThe post has been taken over by a manager with extensive experience in banking and leasing services. Related personnel changes in LeasePlan Czech Republic...
read moreAutocentrum Barth increased car sales by 30% in 2016
March 29, 2017 | 02:32am CEToriginalDemand for new and used vehicles, the results of individual brands, Barth Operak operating lease, Barth Rent car rental, activities with motorcycles and caravans, plan for 2017...
read moreCzech Leasing and Finance Association appointed new Secretary
March 27, 2017 | 11:14pm CEToriginalJiri Pulz is leaving the post after more than 25 years, having held it since the creation of the association. His successor...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
read morePSA to buy GM Europe for EUR 2.2 billion
March 6, 2017 | 11:41pm CEToriginalIt includes Opel, Vauxhall and financial division. The financial partner, expected savings, horizon of the profit return, comments of KPMG, EY and Kelley Blue Book analysts...
read moreAuto Corson appointed new Managing Director of Carent Praha
March 5, 2017 | 09:42pm CEToriginalNews in 2017, Speed car rental with prices starting at CZK 340/day, Speed Card loyalty card, expansion of the Speed used car shop concept...
read moreConference on CNG and LNG in transportation to be held in Czech Rep
February 19, 2017 | 11:37pm CEToriginalPart of the 10th year will be an exhibition of companies from the NGV field. Date, program, participation fee, speakers from Audi, Porsche Holding, Ernst & Young, UAMK, AutoSAP or CPS...
read moreVolkswagen Financial Services rented dozens of cars to two large Czech companies
February 12, 2017 | 11:33pm CEToriginalThese have chosen operating leases and two Volkswagen Group brands. Clients, models, numbers of vehicles...
read moreAutoSAP: Vehicle production in Czech Rep increased by 8.2% in 2016
February 9, 2017 | 11:23pm CEToriginalWhile production of cars and trucks increased, production of buses and motorcycles recorded a decline. The 2017 outlook of AutoSAP, Komercni banka and PwC...
read moreHarley Extended Warranty: CarGarantie extended cooperation with Harley-Davidson in Europe
February 8, 2017 | 12:08am CEToriginalThe insurance company began offering extended warranties for new and used Harley-Davidson and Buell motorcycles in another Central European country. Parameters, details...
read moreFlexiPlan: LeasePlan introduced new product of mid-term car hire
January 18, 2017 | 02:13am CEToriginalIt bridges the gap between rental and operating leases. Possible uses, advantages (flexibility, unlimited mileage), implementation in individual countries, models, prices...
read moreNaOperak.cz: Another grabber for operating leases established in Czech Rep
January 15, 2017 | 11:10pm CEToriginalThe author of the project and his other activities, car and van brands offered, the most popular brands and models partners (leasing companies, dealers), target groups...
read moreWalmark entrusted car fleet in Czech Rep and Slovakia to LeasePlan
January 10, 2017 | 11:02pm CEToriginalIt happened shortly after the change of ownership. Leaseback, operating leases with open calculation, the number of cars, brands, the planned extension of cooperation to other countries, the former solution...
read moreVolkswagen Financial Services expects record operating profit in 2016
December 31, 2016 | 12:42am CEToriginalThis is due to growth in sales of vehicles including diesel ones and cost reduction...
read moreFairPlayAuto began to resell used luxury cars
December 14, 2016 | 11:38pm CEToriginalIt happened after two years of existence of the Internet company. The founders of the start-up, innovative website, business model, partners, the results so far...
read moreCar of the Year 2017 in Czech Rep: Car Importers Association wants to enhance poll
December 12, 2016 | 12:39am CEToriginalHowever, in the tender declared the association yet confirmed the existing agency, which in recent years contributes to the decline of the competition. Better media coverage, the changes among the sponsors...
read moreCarGarantie and BMW extended cooperation in Central Europe
November 28, 2016 | 11:40pm CEToriginalThe companies have expanded cooperation on one of the existing markets with further business segment. The country, product specifications...
read moreGenerali considers selling activities in 13 to 15 countries
November 24, 2016 | 03:12am CEToriginalIt does not plan dismissals, but does not exclude job cuts. Reasons, the countries concerned, reactions of the stock exchange, profile of the company with activities also in CEE...
read moreCarismo: Online platform for purchase and sale of checked used cars established in Czech Rep
November 22, 2016 | 11:46pm CEToriginalAuthors of the e-shop, business model, benefits, 200-point technical examination, offer, service prices, partners, external funding, upcoming expansion into the segment of new cars…
read moreCar4way to double fleet of shared cars
November 22, 2016 | 12:01am CEToriginalExpansion of the model range with electric, commercial and sports vehicles, expansion into other cities, prices and bonuses, partners, a shift from bound to free carsharing, visions and goals...
read moreCarGarantie: Average cost per claim rising slightly
November 21, 2016 | 11:40pm CEToriginalMost failures take place in areas of electrical, fuel and engine systems. Damages and claims in warranties for new and used cars...
read moreTransport Expo 2016: 10 commercial vehicle brands to be present at first year
November 15, 2016 | 02:55am CEToriginalOverall, the fair will present more than 30 exhibitors, including importers, dealers, leasing companies, insurance companies and other firms. Partners, the possibility of free admission...
read moreALD Automotive Fleet Awards 2016: Prizes for Company Car of the Year in Slovakia won by Volkswagen, Skoda, Nissan and Mercedes
November 3, 2016 | 01:07am CEToriginalOn the scoreboard of the 7th annual competition are also Audi, Hyundai, Peugeot, Ford and Dacia...
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