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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
Generali introduced premium damage liability Exkluziv in Czech Rep
August 9, 2011 | 12:25am CEToriginalThis includes, inter alia, a 10% bonus extra to bonus and direct settlement along with arranging accident insurance. Details and examples...
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, prices stagnated in Slovakia
August 9, 2011 | 12:08am CEToriginalBoth petrol and diesel sold at Czech petrol stations became cheaper by 9 hellers. Analysts’ expectations for this week...
read moreTriglav started to provide allowance for non-life insurance for two discount programs in Czech Rep
August 8, 2011 | 04:10am CEToriginalMembers of programs Family passports and Senior passports can obtain a discount on car insurance. The partner, discounts...
read moreLeasing of cars and LCVs in Czech Rep down in H1, trucks and buses up
August 8, 2011 | 03:53am CEToriginalNumber of contracts concluded, financial and operating leases, fleet management, consumer loans, car financing penetration...
read moreDirect started giving drivers over 50 years of age premium assistance services free of charge
August 8, 2011 | 03:49am CEToriginalThis group of drivers is least risky, according to Direct. The range of Top Asist services from Europ Assistance, discounted insurance...
read moreCSOB Leasing returned to profit along with growth of trade by 4% in 2010
August 8, 2011 | 03:35am CEToriginalThe number of new contracts rose by 2%, equity by 7.8%. Cooperation with PSA Finance, new customers in 2010...
read moreGenerali PPF Holding: Largest accident insurance penetration in CEE in Slovenia
August 8, 2011 | 03:30am CEToriginalSlovakia, Poland, Hungary and Bulgaria follow. In the Czech Republic, clients of Ceska pojistovna are more responsible than other motorists...
read moreTesco expanded collaboration with RSA into fourth country, to offer car and travel insurance in Czech Rep
August 4, 2011 | 04:57am CEToriginalSales channels, the benefits for members of the Tesco Clubcard, sales expectations, three packages, non-inclusion of the direct liquidation, examples and prices...
read moreFleetCor changed management of CCS in Czech Rep and Slovakia
August 4, 2011 | 04:42am CEToriginalPhilip Staehelin was appointed managing director. The company also appointed new managers to some existing and newly created positions...
read moreCCS: Fuel prices in Czech Rep fell slightly last week
August 3, 2011 | 01:12am CEToriginalPetrol became cheaper by 9 hellers, diesel by 6 hellers. Monthly and yearly comparisons...
read moreEurop Assistance started providing assistance services for vehicles insured with Wustenrot in Czech Rep
August 2, 2011 | 01:52am CEToriginalEurop Assistance has thus substituted Mondial Assistance. The categories of vehicles, number of cars covered...
read moreCar insurance market in Czech Rep fell by 7% in H1, damage liability more than accident insurance
July 29, 2011 | 05:17am CEToriginalNumber of insured vehicles increased by 170,000 units, premium has thus been getting cheaper. The results of insurance companies...
read moreJiri Moravek retired from CSOB Pojistovna
July 28, 2011 | 12:27am CEToriginalMichal Kanera became new Vice Chairman. The position of Deputy Director General...
read moreHome Credit expanded number of partners of Premia program by BestDrive and Autoturist
July 28, 2011 | 12:23am CEToriginalThese then joined companies AAA Auto, EuroOil, Auto Kelly or Ceska pojistovna. Details of discounts for purchases by Premia credit card...
read moreCCS: Fuel prices in Czech Rep increased significantly last week
July 26, 2011 | 12:43am CEToriginalPetrol went up by 55 hellers, diesel by 56 hellers. Development in Slovakia, analysts' expectations for this week...
read moreCEZ does not intend to convert entire fleet on operating lease
July 21, 2011 | 11:45pm CEToriginalBrands, numbers of cars, satisfaction, changes; expenditure on purchasing, leasing, maintenance, repairs, fuel in 2010; age and frequency of fleet replacement...
read moreLeasePlan: Insurance against autocrime not enough, alarm or lock bonnet will help
July 21, 2011 | 11:37pm CEToriginalMost often stolen components and equipment, most vulnerable brands, the share of insurance payment refusals of break-ins by insurance companies in 2010, D.A.S. help…
read moreALD Automotive agreed on providing branded operative lease in Czech Rep with PSA Peugeot Citroen
July 21, 2011 | 11:09pm CEToriginalThe cooperation of these French companies also applies to electric Peugeot iOn and Citroen C-Zero. Details...
read moreCitroen delivered C-Zero EV to companies LeasePlan, PRE, RWE, Siemens and ABB in Czech Rep
July 21, 2011 | 11:01pm CEToriginalThe first "non-corporate" client is an operator of a hydroelectric power plant. Interest of ZOO Dvur Kralove, charging stations at water plants...
read moreJiri Filla became head of trade with external partners at insurer Generali in Czech Rep
July 20, 2011 | 01:33am CEToriginalPreviously, he worked in an affiliated company in Slovakia. Filla has replaced Miroslav Reznik in the function, who...
read moreVolkswagen considers offering service contracts for commercial vehicles in Czech Rep
July 19, 2011 | 11:56pm CEToriginalHowever, this could lead to restrictions of competition in the service network. Extended warranties...
read moreUniCredit Fleet Management concluded contracts for CZK 362 million in Czech Rep in 2010, aiming to grow in 2011
July 19, 2011 | 11:32pm CEToriginalNumber of leased vehicles has remained above 2,000 units. Number of active contracts, financial results...
read moreSales of used cars in Auto-plus program rose by 31.9% in Czech Rep in H1
July 19, 2011 | 03:21am CEToriginalThe double-digit growth in all brands, web visit rate, current offer, up to two-year warranty by CarGarantie...
read moreDaniel Harant came from BMW Group to AAA Auto
July 19, 2011 | 03:11am CEToriginalHe assumed the position of sales director there. His predecessor, David Keller joined bank...
read moreUniCredit Leasing increased number of new contracts for car financing by 7.7% in Czech Rep in 2010
July 19, 2011 | 03:07am CEToriginalConcerning customers’ choice, Renault and Skoda brands have been dominating. Details of business and financial results...
read more
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Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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SELECTED ARTICLES
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Source: ECB, November 21, 2024