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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
Greco JLT prepares expansion in online sale of insurance in Central Europe
May 19, 2011 | 01:13am CEToriginalGreco Direct is going to enter Slovakia, Top-Pojisteni.cz is going to compare other insurance products in the Czech Republic. Comparison of damage liability in Central European markets...
read moreCare Car entered car sales, changed brand after almost one year and entered another city in Czech Rep
May 19, 2011 | 01:05am CEToriginalThis provider of operating leases has changed Hyundai for Kia. A new showroom, sales plans for 2011, fleet customers...
read moreCar financing in Czech Rep up by 7.8% in Q1 for the first time after several quarters of decline
May 19, 2011 | 12:57am CEToriginalMost companies strengthened, Home Credit recorded three-digit growth. A newcomer in the Top 20 is a Czech company, RT Torax. The results of companies...
read moreEurop Assistance began offering assistance service for cars directly to motorists in Czech Rep
May 19, 2011 | 12:51am CEToriginalSo far, the service has been offered through partners only. Details of insurance AutoCare, target group, price, new portal Europ-online.cz...
read moreLong-time head of Carlife on Czech market Andrew Quirke to lead QBE in Czech Rep
May 16, 2011 | 11:04pm CEToriginalMost recently, Quirke has worked as sales director of the QBE Product Protection Division for Central Europe. His predecessor...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia cheaper last week
May 16, 2011 | 09:34pm CEToriginalPetrol at the Czech filling stations went down by 10 hellers, diesel by 14 hellers. Analysts' expectations for this week...
read moreEurop Assistance increased turnover by 20% in Czech Rep and Slovakia in 2010
May 16, 2011 | 03:52am CEToriginalThe share of the car segment, the profit development, technical assistance, call centre statistics, the number of vehicles covered, outlook...
read moreJan Dryak to leave CSOB Leasing
May 12, 2011 | 02:13am CEToriginalHe has worked in the company for over seven years, most recently as PR manager and business support specialist. His successor, the reason and date of personnel change...
read moreQBE launched micro sites for GAP insurance products in Czech Rep
May 10, 2011 | 03:51am CEToriginalWebsites of Eurogap.cz and Leasegap.cz allow online calculation of premiums, or user account creation...
read moreLeasing of movables in Czech Rep grew by 20.9% in Q1, thanks to photovoltaic energy
May 10, 2011 | 03:44am CEToriginalThe number of contracts, financial and operational leasing, fleet management, the share of new and used cars leasing, consumer loans...
read moreCCS: Price of petrol climbed to its historic high in Czech Rep
May 10, 2011 | 03:30am CEToriginalOn the contrary, diesel became cheaper at the Czech filling stations last week. Fuel went up in Slovakia...
read moreHertz car rental expanded fleet of Seat cars in Czech Rep
May 6, 2011 | 02:57am CEToriginalThe company used to change 20 cars each year but decided to change 25 cars in 2011. The chosen model and specification...
read moreAGC Automotive to expand in aftermarket in Czech Rep
May 5, 2011 | 02:19am CEToriginalIts subsidiary is building a network of installation centres of car glass; moreover, it also operates a mobile glazing unit. The growth of the branch network...
read moreTölgyesi (LeasePlan): Operating lease market in Czech Rep to rise by up to 5% in 2011
May 5, 2011 | 01:59am CEToriginalIt should follow in a recovery in H2 2010. LeasePlan managed to reverse the earlier decline in the share of new contracts and since then it has been growing...
read moreKBC Autolease’s fleet in Europe larger by 6.8% in 2010
May 5, 2011 | 01:21am CEToriginalAll the countries of Central Europe, namely Czech Republic, Slovakia, Hungary and Poland contributed to the result. Results of 2010...
read moreVladimir Fuchs became new head of Europ Assistance in Czech Rep and Slovakia
May 2, 2011 | 11:31pm CEToriginalHe has been promoted from the position of commercial director. He replaced Josef Woerner, who...
read moreDirect Pojistovna selected new spokesperson after half a year
May 2, 2011 | 10:32pm CEToriginalThe company appointed Katerina Krasova, who came here from another position within the company, to the function…
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, more expensive in Slovakia
May 2, 2011 | 10:15pm CEToriginalThe price of petrol sold at Czech stations went down by 2 hellers, diesel by 5 hellers. Analysts’ expectations for this week...
read moreLeasePlan launched online application for ordering cars by existing clients in Czech Rep
May 2, 2011 | 01:18am CEToriginalAlso LeasePlan’s representations in other countries have shown interest in application eOrders, developed by the Czech branch. Details of the application...
read moreNissan Micra extended fleet of car rental Sixt in Czech Rep
April 29, 2011 | 06:18am CEToriginalThe first cars were handed over in early April; the rest will be delivered by the end of 2011. The contract’s volume, model’s specification…
read moreTriglav agreed to cooperate with health insurer OZP in Czech Rep
April 29, 2011 | 06:03am CEToriginalTriglav has started offering discounts for non-life insurance of up to 50% to its clients, including the automobile insurance. Details of the discounts...
read moreCar insurance market in Czech Rep decreased by 8.6% in Q1, damage liability by double-digit pace
April 28, 2011 | 02:55am CEToriginalThe number of insured vehicles increased by 131,000 units, the insurance is thus getting cheaper. Results of insurance companies...
read moreCCS: Fuel prices in Czech Rep flat last week
April 27, 2011 | 03:02am CEToriginalHowever, Petrol Natural 95 went up slightly to its historical peak. Current fuel prices...
read moreRenault in April: Clio and Clio Grandtour cheaper by CZK 10,000, Laguna Coupe by CZK 12,000
April 19, 2011 | 11:55pm CEToriginalPrices of Dacia cars have not changed. The Master van has been given new versions Combi and Bus...
read moreJirina Tapsikova of SkoFIN became new CLFA’s chairwoman
April 18, 2011 | 03:59am CEToriginalShe has replaced Jiri Matula, who is no longer an employee of the member company, but of the parent company UniCredit Leasing. Other changes in CLFA...
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