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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
CCS: Fuel price growth stopped in Czech Rep, fuel even slightly cheaper
January 31, 2012 | 03:31am CEToriginalAccording to analysts, the growth of distribution margins prevented a pronounced decline in prices. Expectations for this week...
read moreNumber of cars insured under damage liability in Czech Rep up by 126,000 (+1.9%) in 2011
January 30, 2012 | 12:57am CEToriginalThe growth was driven by Ceska podnikatelska pojistovna. A decline registered by Ceska pojistovna and Generali, collapse in prices, loss of this type of insurance...
read moreCzech Airlines began to mediate short-term car rentals
January 27, 2012 | 03:52am CEToriginalThe new service will be included in the online ticket booking system. Partner, car rentals, destinations, the possibility of comparison (models, prices, insurance)...
read moreCCS: Fuel again up for new highs in Czech Rep last week
January 24, 2012 | 03:27am CEToriginalPrices of petrol and diesel rose by more than 50 hellers. The reason, expectations of analysts this week...
read moreHyundai i-Best: Hyundai entered Czech Rep with quality used car program
January 18, 2012 | 12:42am CEToriginalThis is the first country in Central Europe. CarGarantie has become the partner for the warranty. Warranty options and parameters...
read moreSkoFIN merged sales and marketing to new department
January 18, 2012 | 12:34am CEToriginalLudek Santora, a manager with experience from Telefonica O2, became its head. The fate of Jan Kloud...
read moreCzech Post to annually renew over 1,000 vehicles by 2015
January 17, 2012 | 12:31am CEToriginalAt the same time, the majority of the fleet will be transferred to operating leases. The current tender for CNG vans, plans with their own repair shops...
read moreCCS: Fuel up for new highs in Czech Rep last week
January 17, 2012 | 12:02am CEToriginalPetrol became more expensive by 14 hellers, diesel by 21 hellers. Over the last month fuel prices went up by 75 hellers, or by 51 hellers. Current prices...
read moreSkoFIN chose Dusan Fornusek’s successor
January 13, 2012 | 12:14am CEToriginalThe new sales director of the leasing company became a manager, who came from outside the automotive industry...
read moreCSOB Leasing expanded Board of Directors
January 12, 2012 | 11:40pm CEToriginalThe Board of Directors has had four members since January, Ivana Vondrackova has become a new member...
read moreSkoda Auto to finish building sales organization for Czech Rep by summer 2012
January 12, 2012 | 04:27am CEToriginalMove of the seat from Mlada Boleslav to Prague, spokesperson for the Czech market, increasing interest in the service license, growth in demand for 4x4 drive and automatic transmission...
read moreHyundai began offering branded insurance in Czech Rep
January 10, 2012 | 02:07am CEToriginalHyundai Insurance is a package of comprehensive automobile insurance. The partner, specifications, price, zero participation...
read moreCCS: Fuel prices rose to new highs in Czech Rep last week
January 10, 2012 | 12:16am CEToriginalPetrol went up by 50 hellers, diesel by 30 hellers. Analysts’ expectations for this week...
read moreCCS: Fuel slightly cheaper in Czech Rep last week
January 2, 2012 | 11:47pm CEToriginalPetrol became cheaper by 5 hellers, diesel by 1 hellers. Monthly and annual comparisons...
read moreCCS: Fuel slightly more expensive in Czech Rep during pre-Christmas week
January 1, 2012 | 11:03pm CEToriginalPetrol went up by 9 hellers, diesel by 2 hellers. Monthly and annual comparisons...
read moreCCS: Fuel slightly cheaper in Czech Rep last week
December 19, 2011 | 11:50pm CEToriginalPrices of petrol and diesel went down by 7 hellers. Monthly and annual comparisons...
read moreSlawomir Wontrucki to leave Czech branch of LeasePlan
December 15, 2011 | 11:44pm CEToriginalHowever, he will continue to lead the representation in Poland. The new general manager of LeasePlan Czech Republic will be...
read moreCSOB Leasing introduced electronic invoicing for its full-service leasing clients in Czech Rep
December 12, 2011 | 11:41pm CEToriginalCommunication via the portal eLeasing, two options depending on the support of ISDOC format, paper form follow-up...
read moreCCS: Fuel in Czech Rep slightly cheaper last week
December 12, 2011 | 10:50pm CEToriginalPetrol became cheaper by 11 hellers, diesel by 8 hellers. Analysts' expectations for this week...
read moreConcept of Autonabidka.cz entered Czech market, selling new and newish cars
December 11, 2011 | 11:48pm CEToriginalAuthor and partner of the project, the current offer of various brands, cooperation with authorized dealers in the Czech Republic, the action with Slevomat.cz and NH Car...
read moreArval launched consulting micro site in Czech Rep
December 11, 2011 | 11:38pm CEToriginalIt is the activity of Arval Consulting division, which has been operating in the Czech Republic since 2008. Details, English version...
read moreRenault and Dacia continue with November special offer in December
December 11, 2011 | 11:04pm CEToriginalThe innovated Twingo has come with a new exterior design, more economical engine, lower price, 3D configurator for the opportunity to personalize the car...
read moreBata transfer its fleet to operating lease, LeasePlan to be provider
December 8, 2011 | 07:05pm CEToriginalRenewal of the fleet will take place in several stages. Brands, categories, figures, dates...
read moreGE Money Auto began offering tire financing in Czech Rep
December 8, 2011 | 02:18am CEToriginalThe price of the second set of tires can be included in the total amount of the credit acquired for a car and then break into repayments. Details...
read moreJan Repa went from AAA Auto to marketing agency
December 6, 2011 | 10:49pm CEToriginalHowever, he remains in the automotive industry; he will be in responsible for Czech OEMs Skoda Auto and Tatra...
read more
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Source: ECB, November 21, 2024