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Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá Boleslav, Czechia in June, which takes overall quality and reliability of batteries for electric vehicles to new level. Workplace is able to use computed tomograph (CT) to visualize its internal structure in very high resolution without need for mechanical penetration into battery. CT LargeScan 2.0 device developed by Esperanto s.r.o. (distributor of Witte Barskamp, Unima, Kordt, Mitutoyo clamping, measuring equipment in Czechia, Slovakia, Ukraine) allows x-ray technology to check quality of various battery parts (cells, control units, wire harnesses, connectors, seals) and with significant advantages over touch or laser inspection. It is pilot deployment in Volkswagen Group
October 23, 2024 | 04:12pm CETflashread more
2024 Prague Car Festival (October 26-27): Tuning Expo (partners: BSR, CarMedia Pro, Saga Praha/Mercedes-Benz AMG Performance Center, Febi Bilstein, Performance Messe), Racing Expo (Ronal, Česká podnikatelská pojišťovna/ČPP, Liqui Moly), Classic Expo (Interaction/Spies Hecker, Retro Garáž, Engine Prague) exhibitions once again to be held simultaneously in Prague, Czechia, 13th year on area of more than 38,000 sqm. Würth to also join fair. Tomáš Vaněk (Vizus Communication) became PR manager of festival. Over 37,000 people visited event in 2023
October 23, 2024 | 04:07pm CETflashread more
Raiffeisen-Leasing received more than 1,300 applications for financing in Czechia under Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest was in Tesla cars (over 90%), average loan amount per vehicle was CZK 600,000 (EUR 23,750)
October 23, 2024 | 04:01pm CETflashread more
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 of 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
Financial Companies
CSOB Leasing introduced special car credit for disabled and their carers in Czech Rep
August 10, 2016 | 11:27pm CEToriginalActivity within CSR, details of product Guardian, advantageous interest and insurance, examples of calculations for VW and Opel vehicles...
read moreCarGarantie expanded Management Board, appointing new Sales Director
August 7, 2016 | 11:57pm CEToriginalHe will be responsible for expansion in Europe and especially in Asia. It is a former Nissan manager...
read moreOne manager left Czech branch of Volkswagen Financial Services
July 26, 2016 | 11:44pm CEToriginalHis responsibilities have been taken over by a longtime manager of this leasing company. Details…
read moreRaiffeisen-Leasing expanded sales network in Czech Rep
July 25, 2016 | 11:42pm CEToriginalThe leasing company started cooperation with a new partner. Its profile and focus, Raiffeisen-Leasing goal until 2018...
read moreHyundai hired former Allianz manager to strengthen marketing in Europe
July 22, 2016 | 03:15am CEToriginalHe will be answerable to Jochen Sengpiehl, Marketing Head of Hyundai Motor Europe. The manager and his career...
read moreCzech insurance organizations uniting structure and management
July 20, 2016 | 11:57pm CEToriginalSeveral managers and specialists will hold offices in the Czech Insurance Association and the Czech Insurers' Bureau. Details of changes, the model application from abroad...
read moreCarzada gained confidence of Czech investors as well
July 20, 2016 | 12:01am CEToriginalThe profile of this platform for online sales of quality used cars, business results in the first country – Germany, partners...
read moreCSOB Pojistovna made several personnel changes in management in Czech Rep
June 30, 2016 | 11:52pm CEToriginalThese relate to three posts. Affected managers and their careers, growth plan of the insurer by 2018...
read moreNissan appointed fleet manager for Slovakia
June 27, 2016 | 11:47pm CEToriginalHowever, Veronika Svobova is still in charge of the Czech and Slovak markets. An executive with extensive experience in car financing will take care of Slovak corporate customers...
read moreArval started to provide operating lease for used vehicles in Czech Rep
June 27, 2016 | 11:30pm CEToriginalNow, the offer is limited. The cars and vans concerned, examples of payments, a new web site on newish vehicles, used car shops, advertising campaign, details...
read moreUniCredit Leasing recorded several personnel changes in Czech Rep and Slovakia
June 27, 2016 | 12:11am CEToriginalThe division concerned, managers and their careers, positions, promotion of one manager, timing...
read moreArval Mid Term Rental: Arval expands its car rental fleet in Czech Rep
June 22, 2016 | 11:42pm CEToriginalReasons for the service creation, utilization, brands and models for medium-term lease, limiting the cooperation with car rental companies...
read moreVolkswagen to make rotation of CFOs of two brands
June 20, 2016 | 11:57pm CEToriginalBoth have been in their current positions for over five years. The brands concerned, managers and their careers, timing...
read moreACEA increased EU car sales outlook in 2016
June 19, 2016 | 11:36pm CEToriginalThe original and the new estimate, increase of 16% in May, market growth for 33 months in a row, results in individual countries, sales of automakers, the approach to the year 2008, KPMG and CSOB comments...
read moreLeasio.cz: Another comparison tool for operating leases established in Czech Rep
June 13, 2016 | 02:38am CEToriginalThe author of the project, offered brands of cars, including Fiat, partners, filtering possibilities, examples of offers...
read moreLegends 2016: Third year to be attended by more than 15 carmakers and dealers
June 9, 2016 | 11:57pm CEToriginalThe date, exhibitors, presented brands, exhibits, racing drivers, partners, PR agency, expected attendance...
read moreCarGarantie prepares expansion in Europe and Asia
June 6, 2016 | 11:40pm CEToriginalCurrent and planned countries, results in 2015, international and local cooperations with manufacturers and distributors of cars, motorcycles and e-bikes...
read moreToyota and Uber agreed on ridesharing collaboration
May 25, 2016 | 11:51pm CEToriginalAt the same time, Toyota Financial Services together with one investment fund aim to invest in this expanding taxi platform. Leasing offers, fleet program, details...
read moreRCI Banque changed corporate identity, including commercial name, logo and website
May 22, 2016 | 11:39pm CEToriginalDetails, business results of Czech and Slovak branches in 2015, new financial products in 2016, an online calculator of instalments...
read moreACEA: Car sales in EU rose by 9.1% in April
May 18, 2016 | 03:14am CEToriginalThe best result since April 2008, market growth 32 months in a row, the results in individual countries, sales of carmakers, registrations of the Volkswagen Group, comments by IHS Automotive and CSOB...
read moreRolls-Royce Motor Cars Financial Services: UniCredit Leasing started to provide branded financing of Rolls-Royce cars in Czech Rep
May 11, 2016 | 11:20pm CEToriginalThe offered models and financial products, expansion of cooperation with the BMW Group, example, competence with luxury car brands...
read moreAutosalon Klokocka increased sales of new cars in 2015, vans declined
May 4, 2016 | 11:48pm CEToriginalThe results of individual brands, interest in used cars, support of a new racing team Racing 21 (Klokočka Skoda Czech National Team)...
read moreGE Capital renamed Czech branch to Moneta, intending to sell it on stock exchange
May 1, 2016 | 11:54pm CEToriginalNew names of auto finance companies GE Money Auto and GE Money Leasing, new websites, details, sales and IPO strategy...
read moreTukas Group recorded several personnel changes in management
April 17, 2016 | 11:48pm CEToriginalThey concern the entire group and the leasing company TT-Complex. The affected managers and positions...
read more2016 Bratislava Motor Show: 39 brands to introduce over 60 Slovak premieres
April 14, 2016 | 11:50pm CEToriginalThe affected brands and models including concept cars, exhibitors not only from Slovakia, Exclusive Salon, test drives, a competition for the lease of the BMW and Mini cars, the balance of 2015...
read more
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