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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
Volkswagen makes major personnel changes in distribution in Czech Rep
October 7, 2013 | 03:44am CEToriginalThese relate to Skoda Auto and also Porsche Czech Republic. Dismissals of Petr Pecenka and other managers, the alleged reasons, rotation...
read moreWustenrot merged Marketing and PR in Czech Rep
October 2, 2013 | 11:17pm CEToriginalTereza Vrankova became the head of the new department. Katerina Moravcova (Bila), Ivana Kryglova...
read moreSkoFIN changed brand for SME, to launch campaign on operating lease
September 29, 2013 | 10:42pm CEToriginalReason for the claim change, the author and details of the campaign, the use of guerilla marketing, microsite, maintenance in two variants, the kilometre tolerance band...
read moreCar Group entered in car rental and loan provision business in Czech Rep
September 26, 2013 | 07:53am CEToriginalShort-term bridging loans, long-term lease of Skoda cars for 9 or 12 months, additional services, details...
read moreSikora (CAP): Legal changes in Czech Rep to increase cost of damage liability by 20%
September 26, 2013 | 02:30am CEToriginalLoss rate of this kind of insurance in the last two years, the announced rate increase, the growth of compensation for damage to health, fixing prices for three years ahead from Generali...
read moreArval holds seminar on alternative drives in Prague on October 10
September 23, 2013 | 10:43pm CEToriginalThe event is intended for current and prospective clients. Speakers from Arval, BMW, Nissan, Peugeot, Volkswagen and CEZ, registration...
read moreNew Civil Code: Insurers in Czech Rep must change all contracts, consumer to be more protected
September 23, 2013 | 10:23pm CEToriginalThe expected boom of liability insurance policies, more transparent arrangement of an insurance contract, fairer compensation for health damages, growth of rates...
read moreUniqa bought insurance stock of Direct in Czech Rep
September 19, 2013 | 11:56pm CEToriginalThe agreement has already been approved by the CNB. The process of the integration of Direct clients into Uniqa is thus ending. The number of clients who went over to Uniqa last year...
read moreAuto Palace apparently to terminate sale of some brands in Czech Rep
September 18, 2013 | 07:38am CEToriginalThis is part of extensive restructuring of AutoBinck’s activities in Central Europe. The affected brands and locations, the dealer situation in the region...
read moreSkoFIN changed its media agency after few years
September 17, 2013 | 03:08am CEToriginalSo far, the purchase of advertising space has been provided by MindShare. The new partner is already working for Volkswagen Group...
read moreWustenrot introduced new types of additional insurance to damage liability in Czech Rep and transfer of bonus to accident insurance
September 17, 2013 | 12:05am CEToriginalThese are features typical for accident insurance. A rapidly growing bonus, a Multibonus discount on another car, an advertising campaign…
read moreOpel 500: Opel prepared an offer on 500 vehicles with discounts and bonuses in Czech Rep and Slovakia
September 16, 2013 | 11:22pm CEToriginalThe term, models, discounts, a free roof rack, winter tires when using financing, microsites...
read morePeugeot Professional Roadshow 2013: Peugeot organizes LCV roadshow in Czech Rep
September 12, 2013 | 10:57pm CEToriginalDates, cities, Dangel AWD vehicles, financial product Maxi 7000, a free service contract, the competition for CCS cards, last year's results...
read moreCebia and Skoda Auto expanded cooperation in Skoda Plus program in Czech Rep
September 11, 2013 | 11:29pm CEToriginalSkoda started displaying Cebia Reports at the website Skodaplus.cz. Growth in the number of participating dealers, on-line verification of execution or insolvency of the client when repurchasing...
read moreBest non-life insurance company in Czech Rep in 2013: Fifth year of competition successful for Kooperativa, Ceska pojistovna and Uniqa
September 11, 2013 | 11:10pm CEToriginalAllianz and Wustenrot have been doing well, too. The results in each category, award-winning products of Uniqa Safeline Rent+ and Allianz iAuto, KPMG comment...
read moreToyota to organize next test weekend in Czech Rep focused on new models and HEVs
September 11, 2013 | 10:59pm CEToriginalDate of the event, financing with zero increase, results of the first test weekend in the spring of 2013...
read moreSkoda introduced a new business strategy in Czech Rep – special models only with funding from SkoFIN
September 11, 2013 | 04:25am CEToriginalPrices, equipment and editions of the Rapid Spaceback, a 4-year warranty and winter wheels included, recommended stock cars, the differences in the pricelists of the Rapid liftback and hatchback...
read moreMichal Slajs left SkoFIN after three years
September 9, 2013 | 11:57pm CEToriginalHe worked in the Volkswagen Group for nine years. The management of the fleet department was given to...
read moreFord began offering branded operating lease in Czech Rep
September 2, 2013 | 11:45pm CEToriginalFinancial partner, variants of Ford Lease, target group, dealers’ availability, business plan, fleet market in the Czech Republic according to Fleet Partners , the new Ford Connect...
read moreFabiobrani 2013: Skoda prepared two special models for Fabia in Czech Rep
September 2, 2013 | 11:26pm CEToriginalEquipment levels and prices of the Fabia GLX and the Fabia SLX, air conditioning and extended warranty included in the price, a discount for funding from SkoFIN, a campaign from agency Intuo…
read moreSecar Bohemia agreed with Davo Car on sale of Sherlog car security
September 2, 2013 | 11:16pm CEToriginalThis is Secar’s second collaboration with used car dealer after Auto Esa. Two variants of car monitoring and searching, the growing interest of thieves in used cars for spare parts...
read moreCzech Post will have 700 CNG vehicles in fleet by end of 2013, would like to have 3,000 prospectively
September 2, 2013 | 11:06pm CEToriginalSavings in H1, expanding the network of filling stations and CNG consumption growth in the Czech Republic, the success of Peugeot diesel vehicles in a tender for the supply of CNG vans thanks to TCO...
read moreSikora (CAP): Damage liability in Czech Rep to be more expensive by about 15 % in 2014
September 2, 2013 | 02:35am CEToriginalThree reasons for price rising, the new amount of the hourly rate of fire fighters, innovative premium prescriptions at Generali...
read moreOpel to rename program of sale of quality used vehicles
August 29, 2013 | 03:31am CEToriginalThe new name instead of G2, rebranding in the first countries in Europe including the Czech Republic, partners and the involvement of dealers in the Czech market...
read morePrague Car Festival 2013: Exhibition of tuning cars to be held in Prague in late August
August 25, 2013 | 11:01pm CEToriginalThe exhibitors will include AAA Auto, Kaipan, D.A.S. or CZ Biom. Accompanying program, details...
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