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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
Skoda Fabia III: SkoFIN to launch rental without worries in Czech Rep in December
November 12, 2014 | 12:01am CEToriginalTest drives, a bonus when part-exchanging a car, preferential insurance with credit financing, Skoda Drive application, ratings in Euro NCAP tests, the number of orders...
read moreAF and UAMK hold conference on safe transport infrastructure in Czech Rep
November 9, 2014 | 11:31pm CEToriginalDate, target group, expected participation, speakers from AF, UAMK, Dekra, state administration, associations and universities...
read moreSpeedChain 2014: Reliant holds conference in Czech Rep on logistics in Central Europe
November 7, 2014 | 01:58am CEToriginalSpeakers from Skoda Auto, Linde Material Handling, Hofmann Personal, SSI Schafer, CTP, P3, Dachser or Goodman, accompanying program, sponsors...
read moreVolkswagen Business Mobility Program: VW introduced hybrid financing of commercial vehicles in Czech Rep
November 3, 2014 | 11:53pm CEToriginalThe program combines elements of credit and operating lease. Parameters, examples, a van from CZK 3,599 per month including insurance from Allianz, target group...
read moreUsti transport company to renew fleet of trolleybuses
November 3, 2014 | 11:40pm CEToriginalAt the same time, it is looking for a bank that would finance the purchase. Details of the tender, EU subsidies, supplier of trolleybuses, existing credit from CSOB...
read moreCar of the Year 2015 in Czech Rep: Thirty-one cars to compete for title, thirty-seven last year
November 2, 2014 | 11:04pm CEToriginalMost novelties have been put in by BMW, Nissan and Mercedes. The jury, the nomination in five categories, sponsors, cooperation with TNS Aisa...
read moreCitroen offers credit with 0% interest for up to 3 years in Czech Rep
October 29, 2014 | 11:51pm CEToriginalAccident insurance with 0% participation in home service shop within Citroen Insurance and Peugeot Insurance, partners, a free IdealDrive service agreement for the C1...
read moreSehnal (SPGroup): Slavia Pojistovna currently not for sale
October 29, 2014 | 12:23am CEToriginalHowever, SPGroup reportedly continues to offer the oldest Czech insurance company and one bank helps with that. The plan to boost profitability, capital increase, the dispute with the CNB...
read moreArval Club: Arval extends benefits for employees of clients in Czech Rep
October 23, 2014 | 04:23am CEToriginalA discount on taxi and car transport, a credit card with discounts at gas stations, partners, the number of members after the first year of the program...
read moreVigo Investments to change name of Czech branch of Triglav
October 21, 2014 | 10:29pm CEToriginalThe timing, transaction price, acquisition sphere of Vigo Investments’ interest...
read moreTriglav focuses on South East Europe, agreed to sell Czech branch
October 21, 2014 | 12:11am CEToriginalThe reasons for the sale, the buyer and its profile, transaction financing, the profile of the insurance company Triglav Pojistovna focusing mainly on automobile insurance...
read moreCeska pojistovna appointed new marketing director
October 19, 2014 | 11:35pm CEToriginalThis happened after six months, when Hana Kovarova left the company. The new head of marketing in the largest insurance company in the Czech Republic became a former UniCredit manager...
read moreALD Automotive created new department in Czech Rep
October 16, 2014 | 10:22pm CEToriginalIt will have responsibilities, among other things, for branded operating leases for carmaker. Related personnel changes...
read moreALD Automotive Fleet Awards 2014: Daimler, LeasePlan, Ceska pojistovna, Sixt, Elit and Siemens successful in seventh year
October 12, 2014 | 11:38pm CEToriginalFleet muses for Company Car of the Year in the Czech Republic went to Toyota, Peugeot, Skoda, Mercedes, Jaguar, Land Rover, VW, Ford, Mazda and Audi. Managers of the Year...
read moreGE Capital to enter lease financing in Czech Rep
October 8, 2014 | 10:53pm CEToriginalAcquisition of VB Leasing CZ by GE Money Bank, signing of the contract, permission of UOHS, completion of the transaction, expected price, the likely changes...
read moreSynlab to change fleet in Czech Rep for CNG cars and EVs
October 7, 2014 | 11:21pm CEToriginalThe green vehicles will be leased by long-term partner LeasePlan. The brand and model, supplier-dealer, annual cost savings, fleet size...
read moreRaiffeisen-Leasing won first client for fleet management in Czech Rep
October 6, 2014 | 11:21pm CEToriginalThe IT company concerned, fleet size, brand and models, full-service leasing offer by Raiffeisen-Leasing, a position of the leasing company in Austria...
read moreProSporty: Kooperativa introduced sports equipment insurance in Czech Rep
October 5, 2014 | 11:19pm CEToriginalIt is additional car insurance for cyclists and skiers. The scope of coverage, territorial force, participation, indemnity limit, prices, discount for Kooperativa clients...
read moreSeat Ole: Seat began offering operating lease for consumers in Czech Rep
October 1, 2014 | 11:43pm CEToriginalThe financial partner, the affected models including CNG cars, rental period, the mileage limit, the content of monthly payments of full-service leasing, prices...
read moreSkoFIN recorded several personnel changes in fleet department
October 1, 2014 | 10:46pm CEToriginalTwo teams have new leaders. One has been promoted within the company, the second came from MAI Insurance. Details...
read moreCeska pojistovna to have new head of communications
September 30, 2014 | 10:27pm CEToriginalTomas Zavoral resigned. Leadership of the communication team at the largest insurance company in the Czech Republic has been temporarily given to...
read moreHyundai Tariff: Hyundai began offering operating lease for consumers in Czech Rep
September 30, 2014 | 10:06pm CEToriginalIts financial partner, the affected models, the lease period, the kilometre limits, content of monthly payments of the full-service leasing, prices...
read moreNew investor entered Auto Charouz group
September 29, 2014 | 04:11am CEToriginalThe investor, share, car dealers and other firms in the group, previous transactions, Antonin Charouz’s visit at police...
read moreOne manager joined Czech representation of Volvo Car
September 28, 2014 | 11:17pm CEToriginalAt the same time, one manager left and another one was promoted to regional headquarters. Details...
read moreSuzuki Motor chose new partner for branded financing in Czech Rep
September 26, 2014 | 12:23am CEToriginalCzech distributor of these Japanese cars and motorcycles has thus returned to CSOB Leasing after four years. The previous partner for Suzuki Finance...
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