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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
Car Motors MB moved its showroom in Prague
August 16, 2012 | 03:26am CEToriginalThe company is an independent dealer and repairer of Mercedes-Benz and AMG cars. Location, partners...
read moreFuel in Czech Rep went up last week, petrol more than diesel
August 14, 2012 | 01:01am CEToriginalThe reason was the rise in oil prices on world markets. Analysts' expectations for this week...
read moreCCS: Fuel slightly cheaper in Czech Rep last week
August 7, 2012 | 02:30am CEToriginalThe average price of petrol fell by 19 hellers, diesel by 5 hellers. Analysts’ expectations for this week...
read moreSkoda continues with summer testing roadshow in Czech Rep in 2012
August 2, 2012 | 12:35am CEToriginalIt has grown in number of locations and duration of the event compared to Summer Skoda Park in 2011. Competition for Skoda Citigo cars including fuel, locations...
read moreSixt restored all Seat vehicles in car rental fleet in Czech Rep in 2012
August 2, 2012 | 12:22am CEToriginalModels, numbers, body styles, engines, equipment, supplier-dealer...
read moreInsurers: Damage liability in Czech Rep with prices at minimum, has to go up
August 2, 2012 | 12:09am CEToriginalThis is due to constantly rising costs of damage. Statements of the largest insurance companies, the outlook of internet grader Ceskepojisteni.cz, the struggle for Direct clients...
read moreArval created new position in technical department in Czech Rep
July 31, 2012 | 04:06am CEToriginalStepan Richter became Procurement Manager at Arval CZ, previously working in a credit company...
read moreBMW began offering operating lease for private persons in Czech Rep
July 26, 2012 | 04:53am CEToriginalRelated special offer within the BMW Financial Services, the possibilities of long-term lease, the monthly payment from CZK 9,999...
read moreALD Automotive to lease 40 Kia cars to Comfort Energy
July 25, 2012 | 12:17am CEToriginalModels and numbers, parameters of operating leases, GPS monitoring of corporate cars, cooperation of Kia Motors and ALD Automotive in Europe...
read moreNKT Cables expanded fleet with EVs in Czech Rep
July 24, 2012 | 02:46am CEToriginalThe company has thus extended cooperation with the leasing company LeasePlan. Model, renting period, GreenPlan project, Citroen C-Zero test vehicle for LeasePlan clients...
read moreCCS: Fuel by tens of hellers more expensive in Czech Rep last week
July 24, 2012 | 02:03am CEToriginalThe average price of petrol has risen by 19 hellers, diesel by 35 hellers. The y/y comparison...
read moreBusiness Lease and E.ON expanded cooperation in Central Europe
July 18, 2012 | 02:30am CEToriginalBusiness Lease has been managing fleet of E.ON in the Czech Republic and Hungary for many years, newly the cooperation has expanded to...
read moreCCS: Fuel in Czech Rep more expensive after two months of price reduction
July 17, 2012 | 01:20am CEToriginalPrice of petrol and diesel rose by 40 hellers last week. Analysts’ expectations for this week...
read moreKBC Autolease left Poland, selling its branch to Business Lease
July 11, 2012 | 06:40am CEToriginalBusiness Lease will thus stregthen on the Polish market, where it has been operating since 2001. Contract portfolio doubling thanks to the acquisition of KBC Autolease Polska...
read moreToyota changed segmentation of Extracare extended warranty in Czech Rep and Slovakia
July 11, 2012 | 06:31am CEToriginalAt the same time the company began offering it for cars imported from abroad. A price reduction for smaller models, 17% discount when buying a new car, the partner, assistance service included...
read moreDaniela Hinojosa became new HR Manager for Central Europe at Arval
July 11, 2012 | 05:49am CEToriginalHer responsibilities will include the Czech Republic, Slovakia, Hungary and Poland. She replaces Petra Kaufmanova, who...
read moreDefend Group expands in insurance, to introduce extended warranties for cars
July 10, 2012 | 01:30am CEToriginalDetails of upcoming products, introduction to the market in Central Europe, likely partner and his experience...
read moreBernard Chretien to leave Renault Czech Republic after six years
July 10, 2012 | 01:09am CEToriginalEric Bassett becomes the new head of the Czech branch of Renault. Chretien’s new job, the previous post of Bassett, timing...
read moreCCS: Fuel in Czech Rep continued to go down last week
July 10, 2012 | 12:09am CEToriginalUnlike previous weeks, the decline in prices was only moderate. Analysts’ expectations for this week...
read moreArval to allow clients in Czech Rep to test Opel Ampera for free
July 3, 2012 | 05:09am CEToriginalAt the same time, this electric vehicle with range extender (EREV) will be used for company needs. The objective of this activity...
read moreCCS: Fuel in Czech Rep continued to go down last week, by tens of hellers again
July 3, 2012 | 04:52am CEToriginalPetrol has been the cheapest since January 2012, diesel since November 2011. Analysts’ expectations for this week...
read moreLeasePlan changed PR agency in Czech Rep
June 27, 2012 | 12:59am CEToriginalThe services of external communications have so far been provided by Madison Public Affairs. The new PR Agency of LeasePlan Czech Republic has become...
read moreRSA to leave Czech Rep, Direct Pojistovna ceased selling insurance
June 26, 2012 | 05:34am CEToriginalThe reasons, financial results in 2011, cumulative loss, leaving of Jan Carny and a new organizational structure, the possible sale of the insurance portfolio...
read morePavel Haken to leave LeasePlan after 12 years
June 26, 2012 | 01:26am CEToriginalThe new CFO of LeasePlan Czech Republic will be Martin Brix, who has returned to the Czech Republic after 5 years...
read moreJan Dryak became marketing and PR manager of Cebia
June 26, 2012 | 01:09am CEToriginalHe previously worked at CSOB Leasing or AAA Auto. This is a newly created position with the aim of allowing Petra Stumpfova to focus on her main function...
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Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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King Long expands in Europe, established partner for Czech Rep and Slovakia
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Source: ECB, November 21, 2024