latest flash news, including attachments, available to Autofox News subscribers after login
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
Car of the Year 2017 in Czech Rep: Nomination of cars newly conditioned by carmakers’ contributions
November 2, 2016 | 01:39am CEToriginalThe amount of contributions, the missing brands in the nomination, allocation of finances, promotions plan, awards ceremony, new sponsors...
read moreMototechna Bumerang: AAA Auto started offering credit with guaranteed redemption value for newish cars in Czech Rep and Slovakia
November 2, 2016 | 12:53am CEToriginalFeatures of the product close to operating lease, financial partners, business plan, examples...
read moreCar of the Year 2017 in Czech Rep: Less nominations, fewer jurors, lower prizes
October 30, 2016 | 11:48pm CEToriginalRenault, Kia, Toyota, Ford and Suzuki have most representatives in the nomination. New concept of the poll under new organizers, SMS competition, sponsors...
read moreEurostat: Car prices in EU fell between 2010-2015
October 25, 2016 | 11:47pm CEToriginalIn some countries, however, they developed differently – went up in Germany and France. The situation in Central Europe, developments in the last two years, CSOB analyst comment...
read moreAutoBinck appointed new head of Business Lease
October 19, 2016 | 11:43pm CEToriginalThe manager and his profile, timing, the former CEO of the leasing company operating in the Netherlands and CEE, operating leases for consumers...
read moreHyundai Capital gained banking licence for EU
October 17, 2016 | 11:55pm CEToriginalHeadquarters of the European branch, capital, timing, financial and insurance services, website, first countries being expanded, current partners for funding of Hyundai and Kia brands, GE divestment...
read more2016 Nitra Motor Show: Exhibitors present over 20 car brands
October 14, 2016 | 03:52am CEToriginalThe companies and brands, indoor and outdoor exhibitions, concept, entertainment, patronage, prices, tickets draw, the balance of 2015...
read moreAutotym began offering services for owners selling used car
October 14, 2016 | 02:23am CEToriginalTarget group, range and price, protocol, packages for buyers, outgoing sites, partners, the penetration of financing, business and financial results, personnel changes, a TV show, upcoming products...
read moreBrno to hold conference on automotive industry in Czech Rep and Central Europe
October 13, 2016 | 03:28am CEToriginalSpeakers from Skoda, Hyundai, TPCA, Kia, Jaguar Land Rover, Iveco, Tatra, KPMG, Brano, ESAB, Motor Jirkov, Minerva or CzechInvest; announcement of the Enterprise of the Year...
read moreBNP Paribas expands its insurance company Greenval Insurance in Europe
October 10, 2016 | 03:35am CEToriginalEntry to the Czech and German markets, products, insurance portfolio, IT, collaboration with Arval, current business results in the Czech Republic, further expansion...
read moreSome Skoda dealers in Czech Rep establish leasing companies and car rentals
October 6, 2016 | 02:42am CEToriginalThey respond to a trend of shift in demand from part of clients from ownership to rental. The offer of ADIV Lease...
read moreUniqa SafeLine: Tens of thousands of drivers already decided for progressive insurance-assistance product
October 3, 2016 | 11:57pm CEToriginalDemand in Austria and the Czech Republic, functions (eCall, bCall, PAYD, monitoring, log book), versions and prices, discounts not only according to mileage, partners, special offer...
read morePay As You Drive: Skoda Auto considers branded insurance based on driver's behaviour and mileage
October 2, 2016 | 11:40pm CEToriginalIt is related to the introduction of Skoda Connect into their cars. Negotiations with insurance companies, benefits of the PAYD tariff, Skoda Insurance for newish cars, penetration...
read moreTelemotix aims to expand with its connected car technology
September 30, 2016 | 02:57am CEToriginalThis can be used for a number of purposes in the fields of medical emergency, service, protection against theft or insurance. Negotiations with insurance companies in Europe, including the Czech Republic, study of driver behaviour, opinions of CKP on PAYD...
read moreVolkswagen began offering brand insurance of VW, Audi, Seat vehicles acquired for cash in Czech Rep
September 29, 2016 | 01:22am CEToriginalAt the same time Skoda Insurance was innovated. Two packages, accelerated no claims bonus, free replacement car for up to 60 days when a car is stolen...
read moreAllianz to introduce automobile insurance in Czech Rep paid by mileage without using telematics
September 21, 2016 | 11:57pm CEToriginalThis will be probably the first in the world. Details, protection against fraud, cooperation with Cebia, history of insurance with telematics units (Pay As You Drive), the reaction of competitors...
read moreAutodrom Most expanded cooperation with Kia
September 21, 2016 | 11:42pm CEToriginalCompany fleet recovery, bee for future racers The Most Racing Academy, tire service centre, charger for electric vehicles, driver training for integrated rescue system...
read more2016 Prague Motor Show: Decrease of 10 brands compared to last year, Chatenet added
September 19, 2016 | 10:59pm CEToriginalThe vast majority of brands will be presented by dealers. Central Bohemia exhibition will also be attended by companies from the aftermarket. EkoAuto Fair, expected attendance...
read moreDas RentAuto: Czech rental of VW vans and microbuses expands its network
September 18, 2016 | 11:37pm CEToriginalNewly involved dealers, business results in H1, the most popular model, insurance with low participation...
read moreEurop Assistance won several new contracts in CEE
September 12, 2016 | 11:46pm CEToriginalThese relate to assistance services for cars and motorcycles. Affected companies, locations, the scope of cooperation...
read morePeugeot Professional Roadshow 2016: Peugeot organizes roadshow aimed at firms in Czech Rep
September 12, 2016 | 12:02am CEToriginalLocations, dates of the 4th year, presented commercial and managerial models, the possibility of test drives, partners, website...
read moreVolkswagen Financial Services succeeded in Generali tender in Czech Rep
September 7, 2016 | 06:33am CEToriginalThe leasing company will lease hundreds of cars of several brands for employees and agents to the companies of the Italian insurance group...
read moreToyota Motor appointed new PR manager in Czech Rep
August 18, 2016 | 11:33pm CEToriginalShe will be responsible for both brands, coming to the Japanese automaker from an Austrian financial group. Details, Michal Velicka...
read moreSixt recorded several personnel changes in Czech Rep
August 17, 2016 | 11:52pm CEToriginalTwo former managers of a competing company joined the Czech license holder of Sixt, while one left to a dealer. Details…
read moreSupreme Court: Companies obliged to return interests of credits with poorly calculated APR to clients
August 17, 2016 | 11:27pm CEToriginalHowever, Supreme Court did not address the correctness of APR calculations and delegated it to the lower courts. Details of the verdict, the threat of lawsuits from customers...
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