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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
Auto Charouz probably sold some companies in order to expand Ford brand
May 2, 2012 | 02:15am CEToriginalThe group found a partner for the sale of the brands instead of the sold dealerships. Connection with the contract from CSOB Leasing for the Czech Post...
read moreInsurance companies in Czech Rep with independent repairers did not spare anything, returning to authorized service shops
May 2, 2012 | 01:40am CEToriginalThis is an example when the pressure on the cost did not result in savings. Renault’s renewed cooperation with three insurance companies...
read moreMobility Management Congress 2012: Operational leasing in Czech Rep to continue to grow
April 30, 2012 | 01:27am CEToriginalThe growth of corporate clients, relationships with dealers, thinning of the dealer network, customer preferences; statements of SkoFIN, Arval, LeasePlan, Business Lease heads...
read moreOwnership change reportedly took place at Czech license holder of Sixt
April 27, 2012 | 03:04am CEToriginalThe automotive group Auto Charouz apparently got rid of a majority stake in Speed Lease, which operates car rental and provides operating leases. The buyer, details...
read moreHyundai: Penetration of branded insurance reached 30% in Czech Rep in Q1
April 27, 2012 | 02:56am CEToriginalHyundai Insurance is a comprehensive insurance package with no complicity. The number of policies sold in the dealer network...
read moreLexus began offering brand insurance in Czech Rep
April 25, 2012 | 01:58am CEToriginalLexus Insurance thus follows Toyota Insurance. Partner, two packages, insurance options, GAP, mobility guarantee, zero complicity, target group, introductory action...
read moreCCS: Petrol up again in Czech Rep last week, diesel went down
April 23, 2012 | 11:26pm CEToriginalThe price of petrol reached a new high. Analysts’ expectations for this week...
read moreDirect Pojistovna returned to agency Mark/BBDO after two years
April 17, 2012 | 02:41am CEToriginalThis internet insurance company began cooperating with the agency when entering the Czech market in 2007. Participants in the tender, the current advertising agency...
read moreCCS: Petrol in Czech Rep more expensive for new record last week, by CZK 1 over last month
April 17, 2012 | 02:23am CEToriginalThe price of oil has stagnated during the last weeks. Analysts’ expectations for this week...
read moreCCS: Petrol in Czech Rep went up to new record last week, diesel slightly cheaper
April 12, 2012 | 03:00am CEToriginalPrice of gasoline rose by tens of hellers. Analysts' expectations for this week...
read moreAuto Charouz expands with Ford brand in Czech Rep
April 10, 2012 | 02:01am CEToriginalThe reason is, among other things servicing of Ford Transit vans for the Czech Post. New and upcoming Ford Charouz showrooms in Bohemia and Moravia...
read moreMobility Management Congress 2012: Fleet Management conferences to have follow-up of broad-ranged congress
April 10, 2012 | 12:52am CEToriginalThe first year will take place on April 26. The event’s speakers include representatives of Skoda Auto, SkoFIN, Volkswagen, Arval, Business Lease, LeasePlan, 3M, Siemens, PwC...
read moreOpel began offering extended warranty longer than 1 year for used cars in Czech Rep and Slovakia
April 5, 2012 | 09:46pm CEToriginalThe carmaker has extended cooperation with CarGarantie, including guarantees for new cars and used cars after service inspection. Variants of the G2 programme...
read moreSixt started cooperation with BMW Group in Czech Rep, with both brands
April 5, 2012 | 09:30pm CEToriginalFirst of all, the car rental included SUVs from BMW to its fleet, now another BMW models and for the first time in the Czech Republic also the Mini cars. The numbers, specifications, references...
read moreAAA Auto engaged another executive with leadership experience from large company
April 4, 2012 | 04:22am CEToriginalThe former CEO of Czech furniture manufacturer TON, Petr Koutsky took in the used car dealer the position of...
read moreALD Automotive has new head in Czech Rep
April 3, 2012 | 12:54am CEToriginalRoman Schanner left the post of general manager at the Czech branch. His successor came from abroad...
read moreCCS: Fuel prices in Czech Rep stagnated last week
April 3, 2012 | 12:26am CEToriginalPetrol became slightly more expensive to a new record, diesel then slightly cheapened. Analysts' expectations for this week...
read moreDusan Fornusek became new marketing head at Ford in Czech Rep
April 2, 2012 | 02:47am CEToriginalHe has thus returned to this U.S. carmaker after five years in SkoFIN. He replaced Ota Sedlacek...
read morePema Automotive became Citroen dealer in Karlovy Vary
March 30, 2012 | 02:24am CEToriginalThe company has thus extended its portfolio with a second brand. Location, sales plans, loyalty program, planned investments in 2012, the fate of the former dealer, Minimo...
read moreHonda holds spring service campaign with car inspection for CZK 99 in April
March 29, 2012 | 04:14am CEToriginalThe amount of discounts on spare parts, pollen filters and assistance service Honda Assistance; a gift from Shell...
read moreVolvo started offering branded insurance in Czech Rep
March 28, 2012 | 02:56am CEToriginalVolvo Car Insurance‘s partner, three options, discount of up to 20% according to safety equipment, participation of 1%/CZK 1,000, GAP, insurance to two scooters for free…
read moreSkoFIN chose new PR agency, Hill+Knowlton succeeded in tender
March 27, 2012 | 04:36am CEToriginalThe cooperation has been signed for two years. The fate of the former PR agency PR Attack/Full Attack...
read moreCCS: Fuel in Czech Rep climbed new heights again last week
March 27, 2012 | 04:09am CEToriginalThe price increase ranged in the tens of hellers. Analysts' expectations for this week...
read moreDHL makes changes in fleet renewal strategy
March 26, 2012 | 02:10am CEToriginalDHL Express in the Czech Republic partly leaves the Opel brand (GM), operating lease, CNG drive and moves to larger vans. EVs and HEVs in the U.S....
read moreOther Czech Volvo dealer interested in Auto Hase Resort showroom
March 20, 2012 | 03:06am CEToriginalMeanwhile, Auto Hase was declared insolvent by its creditors that blocked the sale of Ford showroom in Orech. Creditors, those interested in the showrooms...
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Source: ECB, November 21, 2024