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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
Top Centrum Car opened Audi Terminal in Czech Rep
November 11, 2013 | 12:04am CEToriginalInvestment financing, moving the Audi dealership, doubling the capacity of the service centre, service for CNG cars and EVs, HR, use of the original showroom...
read moreInsurer Slavia to create own network of branches in Czech Rep
November 6, 2013 | 10:23pm CEToriginalSo far, most of the transactions have been executed through brokers. The expansion plan in 2013-2014, locations, real estate partner, HR, innovations of the insurance products...
read moreCeska pojistovna upgraded its mobile application for online arrangement of damage liability
November 6, 2013 | 10:14pm CEToriginalApplication Insurance Company 7.0 is equipped with OCR technology for scanning documents needed for pricing. Penetration...
read moreGenerali began offering damage liability insurance with fixed price for three years in Czech Rep
November 6, 2013 | 02:57am CEToriginalThe fourth and new top version, content of CarFIX, a free highway vignette, an advertising campaign, a microsite...
read moreCar of the Year 2014 in Czech Rep: One all-new model and four new-generation cars to compete for title
November 6, 2013 | 02:49am CEToriginalThere are no city cars, SUVs or MPVs among them. These are representatives of carmakers Jaguar, Mazda, Mercedes-Benz, Peugeot and Skoda...
read moreVanek (Wustenrot): Clients do almost not terminate our insurance ProAuto, even though they can for year
November 5, 2013 | 12:33am CEToriginalPenetration of customers’ withdrawals in the Czech Republic, liability insurance rate increases in 2013 and 2014, the campaign for car insurance...
read moreSuzuki chose new head of car sales in Czech Republic
November 3, 2013 | 11:48pm CEToriginalHe replaced Petr Abrahamek in the office. The new sales director of the automotive division at Suzuki Motor Czech became a manager with experience from leasing companies...
read moreALD Automotive expanded fleet with more than 500 vehicles in Czech Rep over last year
November 1, 2013 | 12:39am CEToriginalRecently, it has thus reached 15,000 vehicles in the portfolio. Interest in operating lease, the contribution of a major client Eurovia...
read moreInfo Nova holds seminar on Helios Green Automobily in November
November 1, 2013 | 12:17am CEToriginalIt is designed for current and potential clients. The date and location, themes of the fourth year, details of the information system, references...
read morePetr Abrahamek left Suzuki after five years
October 31, 2013 | 12:06am CEToriginalAfter the experience in three carmakers, he entered the leasing company SkoFIN in October, where he took the position of...
read moreArval succeeded in CD Cargo tender for car fleet management
October 29, 2013 | 11:55pm CEToriginalThe use of full-service leasing, fleet size, brands and models of the vehicles, Arval on Board (electronic log book, GPS tracking) in all the vehicles...
read moreCitroen and PSA Finance ceased offering Cashback credit in Czech Rep
October 28, 2013 | 10:48pm CEToriginalTest country within Central Europe, business results, example of funding at the best-selling model Citroen C4...
read moreALD Automotive Fleet Awards 2013: SkoFIN, ALD, Allianz, CCS, Elit and RWE successful in sixth year
October 28, 2013 | 10:27pm CEToriginalFleet muses for the Company Car of the Year in the Czech Republic went to Opel, Peugeot, Skoda, Mercedes, Range Rover, VW, Ford, Toyota and Mazda. Managers of the Year...
read moreSkoFIN’s new business grew at double-digit pace in Q1-3
October 24, 2013 | 10:37pm CEToriginalThe number of contracts, the value of financed vehicles, results in new and used cars...
read morePorsche began offering branded financing in Czech Rep
October 21, 2013 | 11:39pm CEToriginalThe products offered within Porsche Finance, parameters and interest, partner, basic and additional insurance...
read moreJan Barta moved to another position within SPGroup
October 21, 2013 | 12:43am CEToriginalJosef Moravec became the new sales director of the oldest Czech insurance company Slavia. His previous job, the new position of Barta...
read moreCitroen renewed used car sale program Citroen Select in Czech Rep
October 20, 2013 | 08:44pm CEToriginalTwo categories of vehicles, the possibility of extended warranty for up to 5 years, new involved dealers, sales plans, partners (Europ Assistance, Dekra)...
read moreCredit Agricole Consumer Finance to leave some Central European countries
October 17, 2013 | 11:33pm CEToriginalThe affected states, including the Czech Republic, reasons, Credium business and financial results, HR, cooperation on brand financing, sale of receivables...
read moreAntonin Charouz apparently looks for money to refinance debts, stops other assets
October 17, 2013 | 10:20pm CEToriginalThe entrepreneur has not confirmed that. Alleged creditors and the amount of debt, offered real estates, the sale of the group headquarters...
read moreArval leased additional 200 vehicles to Czech Post
October 17, 2013 | 08:25pm CEToriginalAll the vans will be operated by full-service leasing. Models and figures, the fleet of CNG vehicles...
read moreEU car sales up by 5.5 % in September
October 17, 2013 | 12:03am CEToriginalOne additional working day, the second weakest September since 2003, recovery in Western Europe, great discounts and car registrations by dealers, strong growth of Skoda, analysts’ comments...
read moreConference on automotive industry in Czech Rep and Central Europe to take place in Brno
October 16, 2013 | 11:53pm CEToriginalContract meetings with Austrian firms, speakers from ACEA, Skoda, PSA, TPCA, Hyundai, Iveco, KPMG, Roland Berger, Brano, 3M or CTP...
read moreCetelem began to finance car repairs in cooperation with automakers in Czech Rep
October 15, 2013 | 11:43pm CEToriginalFirst cooperation with PSA, the experience with Cetelem Auto financing, a six-month credit to repair Peugeot cars without increase...
read moreArval gained new client in Czech Rep – Huawei
October 8, 2013 | 11:42pm CEToriginalThis Chinese ICT company used Leaseback and switched from financial lease to full-service leasing. Fleet size, brands and models...
read moreKooperativa launched unconventional advertising campaign for car insurance in Czech Rep
October 8, 2013 | 11:29pm CEToriginalTwo waves, deadlines, a creative agency, promotion of product NaMiru, placement in media, VIG tender for a media agency, highway slogans...
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