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National Development Bank (NRB) accepted applications for 5,468 electric vehicles in Czechia during six and half months (29 weeks, March 18 – October 3) 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). Greatest interest is in Tesla cars (2,449 vehicles), followed by Volvo (503), Volkswagen (472), Škoda (444), BMW (273), MG (255), Hyundai (142), Mercedes (140), Kia (100), SsangYong (91), Toyota (87), Renault (76), Ford (62), BYD (55), Dacia (52), Peugeot (43), Citroën (40), Fiat (40), Mini (35) and others (168)

October 15, 2024 | 03:04pm CETflash

ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025

October 14, 2024 | 02:56pm CETflash

GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)

October 14, 2024 | 02:52pm CETflash

Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend

October 14, 2024 | 02:47pm CETflash

The Extra Mile by Equip Auto 2024: Equip'Auto SAS to hold conference on automotive aftersales, services in Paris, France on October 16. Representatives of BMW Group, Renault Group, Stellantis, Continental Automotive, Forvia, Valeo, Allianz, Capgemini, Inovev, LKQ, Mobilians, Orsay Consulting, Solera, FIEV, FIGIEFA, France AutoTech, PFA to speak at event

October 11, 2024 | 10:57am CETflash

Floods in Czechia: Kooperativa registered 12,570 claims (including 260 damaged vehicles) in expected volume of CZK 3.26 billion (EUR 129 million) until October 1, 12:00am, already paid out CZK 215 million (EUR 8.5 million) to clients

October 11, 2024 | 10:51am CETflash

GlobalData: New car sales in Western Europe down by 4.8% to 1.01 million in September, up by 0.3% to 8.73 million in Q1-3. Sales to fell by 0.8% to 11.47 million in 2024

October 11, 2024 | 10:46am CETflash

Floods in Czechia: Pillow Pojišťovna registered 589 claims (including 32 damaged vehicles) in expected volume of tens of millions of korunas (millions of euros) until September 20, 6:00pm. Insurance company estimates total number of damages from high water at less than 1,000

October 11, 2024 | 10:41am CETflash

Mondial de l'Auto Paris 2024: BMW Group (BMW, Mini, BMW Motorrad), Chery (Moke), Dongfeng (Forthing), GM (Cadillac), Renault Group (Renault, Renault Pro+, Dacia, Alpine, Mobilize), SAIC (Maxus), Seres/Huawei (AITO), Stellantis (Alfa Romeo, Citroën, Peugeot, Leapmotor), Volkswagen Group (VW, Audi, Škoda, Mobility Solutions), Aixam-Mega, BYD, Dangel, Delage, Devalliet, Devinci, Eon Motors, Ford, GAC, Hongqi, Iveco, Kia, Kilow, Ligier, Lormauto, Microlino, Pantore, PGO, Pilotcar, Skyworth, Softcar, Tesla, THK, XPeng, Automotive Cells Company (ACC), Alpitronic, AutoScout24, Crédit Agricole Personal Finance & Mobility, Cybex, Deloitte, Eaton, EDF, Ekoenergetyka, Engie, Forvia, Schneider Electric, STMicroelectronics, TotalEnergies, Valeo, Vinci Autoroutes, Xing Mobility to join Paris Motor Show in France (October 14-20)

October 10, 2024 | 12:26pm CETflash

ČSÚ: Car prices in Czechia down by 0.3% m/m in September, by 1.7% y/y (new: -0.1%, +1.6%; used: -0.4%, -3.9%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.1%, +0.0%), spare parts and accessories (+1.1%, +5.9%), fuels and oils (-4.8%, -11.2%), maintenance and repairs / service works (+0.2%, +8.5%)

October 10, 2024 | 12:12pm CETflash

National Development Bank (NRB) accepted applications for 4,686 electric vehicles (4,684 passenger cars, 2 trucks up to 4,25 tonnes), 1,937 charging stations (1,775 AC, 89 DC up to 40 kW, 71 DC above 40 kW) in Czechia during almost six months (26 weeks, March 18 – September 11) 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). Plan to subsidize 4,055 ZEVs and 1,500 charging points fulfilled ahead of time, we currently anticipate 6,000-7,000 supported vehicles and 2,200-2,300 charging points, Muřický (MPO) said

October 10, 2024 | 12:04pm CETflash

Trends in Insurance Industry of Czechia & Slovakia 2024: Conforum to hold 10th conference on Czech, Slovak insurance market in Prague, Czechia on October 24. Representatives of Colonnade Insurance, Kooperativa, ČPP (Česká podnikatelská pojišťovna), BNP Paribas Cardif, Uniqa, Slavia Pojišťovna, Pillow Pojišťovna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event

October 9, 2024 | 11:47am CETflash

PwC revised 2024 Czech new car registrations forecast from 225,000-235,000 units (+2% to +6%, 2023: 221,422) to 225,000-227,000 units (+2% to +3%), based on development to date (Q1: +2.2%, Q2: +4.1%, Q3: +1.5%). Demand for cars is still affected by weaker economic growth. Currently, however, we are already observing gradual small improvements – in particular, decrease in inflation and interest rates together with moderate economic growth, Štefek said, adding that GDP in Q2 2024 increased by 0.6% y/y and stronger growth of Czech economy is expected as late as 2025 (2.7-2.8%)

October 9, 2024 | 11:38am CETflash

VDA: Car production in Germany up by 9% y/y and export by 11% in September, down by 1% to 3.11 million and up 3% to 2.42 million in Q1-3

October 9, 2024 | 11:28am CETflash

Expected development of automotive industry in Czech Republic and in world 2024: 21st automotive conference to take place in Brno, Czechia on October 23. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Stellantis Slovakia, Kia Slovakia, Tatra Trucks, SOR Libchavy, Valeo, Vitesco Technologies, Plastika, Fanuc, Adastra, Technodat, Dytron, Minerva, 3Dwiser/Admasys, Ekomaziva, Tedom Energie, KPMG, Accenture, Enovation, ČNB (Czech National Bank), ČEB (Czech Export Bank), EGAP (Export Guarantee and Insurance Corporation), MPO (Ministry of Industry and Trade of Czech Republic), Time & Space Ukraine to speak at event

October 8, 2024 | 08:57am CETflash

Atlas Copco acquired assets of Mont-Tech (manufacturer of assembly automation machines and systems with 27 employees in Brno, Czechia; customers: Cooper-Standard Automotive Czech Republic, Inergy Automotive Systems Slovakia/Plastic Omnium Auto Inergy Slovakia, ITW Pronovia, Adient Interiors, Adient Czech Republic, Siemens Elektromotory, Volkswagen Slovakia; revenues of EUR 3.5 million in 2023), integrating them into Motor Vehicle Industry (MVI) Tools and Assembly Systems division belonging to Industrial Technique business unit

October 8, 2024 | 08:52am CETflash

SDA: New car registrations in Czechia up by 6% in September, by 2.6% to 171,999 in Q1-3 (vans -29.1%, +5%; trucks +22%, -13.5%; buses +112.5%, +67.7%; motorcycles +19.3%, +8.1%; trailers+semitrailers -3.2%, -3.6%)

October 8, 2024 | 08:48am CETflash

SMMT: New car registrations in UK up by 1% in September, by 4.3% to 1.51 million in Q1-3 (vans up to 3.5 tonnes +8.3%, +3.6%; trucks up to 6 tonnes +111.2%, +48.1%)

October 7, 2024 | 11:25am CETflash

KBA: New car registrations in Germany down by 7% in September, by 1% to 2.12 million in Q1-3 (motorcycles -3.9%, -5.7%; buses +2%, +8%; vans/trucks -6.6%, +8.9%; trailers -1.3%, -2.9%)

October 7, 2024 | 11:18am CETflash

Floods in Czechia: Insurance companies affiliated to ČAP registered 65,346 claims (including 1,348 damaged motor vehicles – 882 from residential insurance, 466 from business insurance) in amount of CZK 12.08 billion (EUR 476 million) by September 30, paid out to clients already CZK 1 billion (EUR 40 million; CZK 835+173 million). Association estimates total number of damages from high water at 85,064 (73,137+11,807) in volume of CZK 16.28 billion (EUR 642 million), of which 1,794 (1,154+640) from motor vehicle insurance

October 4, 2024 | 05:45pm CETflash

2024 Nitra Motor Show (Autosalón Autoshow Nitra): 282 exhibitors (AB Motors SK, M Motors SK, C Automobil Import, Hyundai Motor Czech, Plastonic, Škoda Auto Slovensko, Auto Zobor, Autocentrum Blohmann, Autoextra, Auto Hoffer SK, Autoprofit, Autoroch-Slovakia, Autoštýl, AWD Auto, Jairo Outdoor Agency/DriveTesla.sk, Ferdus, France-Tech Nitra, Future Import Group/SportDrive.cz, Gekkon, Homola, IL Trade, Styx, KomcarLV, MaH Nitra, Metabond Slovakia, PotahyNaMieru.sk, Motor-Car Nitra, Prema Working, Remesloservis, TSM Slovakia, TT-Car Nitra, Univer Slovakia, Vapol CZ) to join 29th exhibition of cars, light commercial vehicles, trucks, car accessories, service and garage equipment in Nitra, Slovakia (October 3-6), presenting over 26 brands (Benelli, Citroën, Cupra, Dacia, Dongfeng, DS, Honda, Hyundai, Isuzu, Jaguar, Land Rover, Kia, MG, Mitsubishi, Nissan, Opel, Peugeot, Piaggio, Renault, SEAT, SsangYong, Subaru, Super Soco, Suzuki, Škoda, Tesla, Volkswagen, Aixam, elBlesk)

October 4, 2024 | 05:35pm CETflash

AAA Auto (Aures Holdings) Barometer: 146,290 used cars (1,665 BEVs, -46 m/m; 2,718 HEVs, +49 m/m) advertised in Czechia in September with mean value (median) of price of CZK 200,000 (EUR 7,890, +0% m/m). Offer grew by 8,465 cars (+6.1%) m/m

October 4, 2024 | 05:16pm CETflash

Floods in Switzerland: Novelis (Hindalco Industries/Aditya Birla Group; manufacturer of flat-rolled aluminium/aluminum products for automotive, aerospace, beverage packaging industries with 13,190 employees in 32 plants in 9 countries; customers: Volkswagen, Audi, Porsche, General Motors, GMC, Cadillac, Chevrolet, Ferrari, FCA/Stellantis, Maserati, DS Automobiles, Nissan, Toyota, Volvo, Daimler, Mercedes-Benz, Nio, Honda, Hyundai, BMW, JLR/Jaguar Land Rover, Ford, Renault, Rivian, Samsung, Denso) restarted major assets in Sierre, Switzerland after three months, with about 150 external specialists helping to recover factory. Company expects to resume production by end of October

October 3, 2024 | 07:58am CETflash

J.D. Power, GlobalData cut 2024 global new light-vehicle sales outlook by 200,000 cars, vans from 88.7 million (+2.2%) to 88.5 million (+2%). The 2024 forecast has been revised down for fourth time this year. Primary factors influencing demand trends remain elevated pricing, geopolitical risks, global economic performance, Schuster (GlobalData) said

October 3, 2024 | 07:53am CETflash

Automotive Electric Power Supply Systems 2024: Automotive IQ (IQPC) to hold 10th conference on high-voltage (HV) power supply (400V, 800V, higher), 48V architecture in electric vehicles in Munich, Germany on October 22-24. Representatives of Anadolu Isuzu, Volkswagen, Jaguar Land Rover (JLR), Zeekr Europe, Stellantis, Rimac Technology, Tesla, Nio, Porsche Engineering, SEG Automotive, Vitesco Technologies, Valeo, CATL, Rockfort Engineering, Figure Intelligent Technology, S&P Global Mobility, Yole Group, Wood Mackenzie (WoodMac) to speak at event

October 3, 2024 | 07:44am CETflash

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