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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, Natankuj.sk: Fuel in Czech Republic more expensive last week, prices in Slovakia stagnated
July 19, 2011 | 03:02am CEToriginalPetrol sold at filling stations in the Czech Republic became more expensive by 27 hellers, diesel by 31 hellers. Analysts’ expectations for this week...
read moreCLFA: New Consumer Credit Act restricted availability of car financing
July 17, 2011 | 09:57pm CEToriginalThe leasing companies have reportedly started refusing to fund cars from unverified vendors. The issue of financial leasing...
read moreSeat to support sale of Copa limited edition in Czech Rep by holiday roadshow
July 14, 2011 | 09:51pm CEToriginalCooperation with SkoFIN and Semtex, dates and places, competition for a weekend in the mountains with a Seat car and CCS card, test drives, the program of events...
read moreCLFA: Number of clients resigning from credit contracts within 14 days rose only by 0.5% in H1
July 14, 2011 | 06:35am CEToriginalThe effect of the new law on product prices, the situation at companies Provident Financial, GE Money Auto, Cofidis, Home Credit...
read moreReal Garant expanded cooperation with Suzuki to Slovakia
July 12, 2011 | 05:30am CEToriginalSo far, Real Garant has provided extended warranty insurance for new Suzuki cars in Germany and the Czech Republic. Details of the framework agreement...
read moreCCS, Natankuj.sk: Fuel in Czech Rep again slightly cheaper last week, Slovak prices stagnated
July 12, 2011 | 04:37am CEToriginalPetrol at the Czech filling stations discounted by 6 hellers, diesel by 8 hellers. Analysts' expectations for this week...
read moreJan Repa retired from Opel, joining AAA Auto in July
July 8, 2011 | 04:25am CEToriginalAs the head of Marketing and Communication at AAA Auto he will be responsible for all the markets...
read moreCCS Natankuj.sk: Fuel in Czech Rep and Slovakia cheaper last week
July 7, 2011 | 12:57am CEToriginalPetrol at the Czech filling stations has discounted by 18 hellers, diesel by 14 hellers. Analysts' expectations for this week...
read moreLeasePlan: Crisis also hit insurance companies with delays, suffered consequences of dumped prices and of preference for volume at the expense of profit
June 30, 2011 | 11:52pm CEToriginalMost insurance companies now solve it with increasing insurance premiums, owners of fleets with new tenders. Other possible solutions...
read moreAllianz to change structure of sales department in Czech Rep
June 30, 2011 | 12:59am CEToriginalTomas Vysoudil, who has had long experience from the insurer Ceska pojistovna, will lead the office from the position of commercial director...
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, strongly in Slovakia
June 29, 2011 | 07:44am CEToriginalPetrol sold at Czech filling stations became cheaper by 9 hellers, diesel by 2 hellers. Analysts’ expectations for this week...
read moreSkoda Auto wants to fasten sales in Czech Rep, strengthening its organizational unit of Region 1 - Czech Republic
June 28, 2011 | 02:13am CEToriginalPetr Lehky was replaced by Petr Pecenka, the sales director became Martin Feller. Details...
read moreSkoFIN wants to strengthen fleet business
June 28, 2011 | 01:21am CEToriginalThe potential and targets with the Skoda brand, strengthening the sales team, references from big companies in the Czech Republic...
read moreCitroen exchanged provider of assistance services in Czech Rep and Slovakia
June 28, 2011 | 01:14am CEToriginalThe Czech company Autoklub Bohemia Assistance (ABA) was replaced by Europ Assistance. Europ Assistance and Citroen have thus expanded their cooperation...
read moreAutoBinck sold 5,500 new and 1,400 used cars to customers in Czech Rep in 2010
June 28, 2011 | 01:09am CEToriginalSales of brands and car dealerships, results in Q1 2011, sales of used cars, results and plans of Business Lease, 20 years on the market...
read moreOndrej Behal launched another comparative portal in Czech Rep
June 28, 2011 | 12:52am CEToriginalThe portal Vybermiauto.cz was extended by a calculator of beneficial purchase of diesel or petrol engines. Details of the cooperation with Direct Pojistovna and Top-Pojisteni.cz...
read moreTapsikova: SkoFIN wants to fund 40% of newly sold Volkswagen Group cars by 2018
June 27, 2011 | 04:57am CEToriginalPlans for 2011, financial stability, considered renaming of the company, solar collectors at showrooms, financing of small-volume brands...
read moreStefan Rasche to move within Volkswagen Group from SkoFIN to Skoda Auto
June 24, 2011 | 02:47am CEToriginalThe new SkoFIN head of sales and marketing will be Jan Kranat. The current position of Kranat, Rasche’s new position…
read moreSkoFIN expects significant growth in operating leases in 2011 and 2012
June 23, 2011 | 04:36am CEToriginalResults of 2010 (the number of new contracts, the volume of financing, product structure), including y/y comparison...
read moreSkoFIN cancelled most fees, simplified approval process, innovated website and set up special loan
June 22, 2011 | 02:11am CEToriginalThe new website has got an online calculator, including the possibility of pre-approval. The company used MMS in the media campaign for the first time...
read moreSixt continues in renewal of fleet of car rental with Seat brand in Czech Rep
June 21, 2011 | 05:34am CEToriginalEven in 2011, the car rental will buy about 90 Seat cars, of which 50 have already been handed over in operation. Models and specifications...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep last week, prices stagnated in Slovakia
June 21, 2011 | 05:04am CEToriginalPetrol and diesel sold at Czech filling stations became cheaper by 12 hellers. Analysts’ expectations for this week...
read moreGE Money Auto wants to defend primacy in used cars and enhance its position in new cars in 2011
June 20, 2011 | 02:52am CEToriginalThe number of new contracts in 2010 and expected growth in the years 2011 and 2012, the share of captive/branded financing in the Czech Republic...
read moreBeutl (GE Money Auto): Czech market for new and used cars to rise slightly in 2011
June 17, 2011 | 12:05am CEToriginalOscillation of monthly sales, the impact of the earthquake in Japan, new sales channels and simpler products, price preference at the expense of equipment...
read moreGE Money Auto: Fuel worth CZK 2,000 free of charge when buying car on loan until end of June
June 15, 2011 | 07:15pm CEToriginalThe bonus in the form of a pre-charged CCS card can be applied in the Czech Republic and Slovakia. Since 2004, autoCredit has been used by...
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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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