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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
Associatons
Maly (PwC): Sale of cars and vans in Czech Rep to return to growth at end of 2013
April 15, 2013 | 12:29am CEToriginalThe outlook for Q2 2013, H2 2013 and 2014; the expected development of macroeconomic indicators; consumer confidence according to CSU...
read moreSkoda and Hyundai dispute in Czech Rep who sold more cars to consumers
April 15, 2013 | 12:23am CEToriginalThe figures presented by both brands, different methods of reporting, masking purpose registrations by de-registrations over one month...
read moreSales of new cars in Czech Rep fell by 19% in March
April 11, 2013 | 12:12am CEToriginalBMW, Seat and Mazda showed good results. Decline mitigation compared to February, the results of brands, steady demand for trucks...
read moreDataforce: Hyundai overtook Skoda in retail sales in Czech Rep, only temporarily
April 9, 2013 | 12:04am CEToriginalAccording to data of Skoda Auto, it is not the case. The influence of generational change of the Octavia, the situation in fleet sales, the profile of Dataforce...
read moreSDA: Export of used cars from Czech Rep rose by one third in 2012
April 8, 2013 | 12:12am CEToriginalPart of them accounted for newish cars allocated to countries with a higher price level. Most exported brands, a drop in imports to the Czech Republic...
read morePecenka (SDA): Sales of new cars in Czech Rep fell by 15-20% in March
April 5, 2013 | 05:08am CEToriginalThe new car registry administrator has not disclosed March registrations to SDA yet. SDA’s outlook for 2013...
read moreDozens of companies from Czech Rep supply parts for new Volkswagen Golf
April 4, 2013 | 01:01am CEToriginalThese are 3M, Benteler, Brano, Brisk, Continental, Denso, Fehrer, HP Pelzer, Inteva, Kolbenschmidt, Magna, Mann+Hummel, Monroe, SaarGummi, TRW or Witte...
read moreGlobal car production increased by 5.3% in 2012
April 2, 2013 | 12:35am CEToriginalLCV production also grew, while production of trucks and buses declined. Results in China, Germany, Czech Republic and Slovakia...
read moreSale of commercial vehicles in EU fell by 13.3% in February, by 11.3% in Czech Rep
March 27, 2013 | 09:09pm CEToriginalThe sharp decline was showed by all major markets with the exception of UK. Sales declined for 14 months in a row...
read moreChamber of Deputies approved 3% contribution of insurance companies from liability insurance to funding of rescuers
March 27, 2013 | 09:03pm CEToriginalPrice increase of liability insurance, according to CAP, the arguments of proponents and opponents of the amendment to the Law on Insurance...
read morePecenka (Skoda): Czech car market signals improvement in March
March 22, 2013 | 02:57am CEToriginalRegistrations for the first two weeks, downturn easing, growth of Skoda market share, increased deliveries of Skoda Octavia III liftback...
read moreCar sales in EU fell by 10.5% in February, to new February minimum
March 21, 2013 | 03:19am CEToriginalThe only major growth market was the United Kingdom. Skoda also recorded a drop, but its market share remained almost the same...
read moreSikora (CAP): Damage liability to become several times more expensive in Czech Rep in 2013
March 20, 2013 | 12:58am CEToriginalThe first price increase at the beginning of the year, two more increases, relation to payments to emergency workers, the system where insurers obligatorily do loss business…
read moreSDA: Exports of short-term registered new cars from Czech Rep increased by 30% in 2012
March 18, 2013 | 03:43am CEToriginalThese cars apparently accounted for 7% of total registrations. Most exported brands, destinations, the import of newish cars to the Czech Republic...
read moreThirty-five HEVs and one EV registered in Czech Rep in February
March 10, 2013 | 11:27pm CEToriginalIn the first two months of 2013, there were 74 HEVs and 4 EVs registered. Along with traditional Japanese and French brands another Kia car has been added...
read moreSales of new cars in Czech Rep down by 22% in January, waiting for new Skoda Octavia
March 6, 2013 | 12:25am CEToriginalResults of the brands, growth in demand for trucks and buses, SDA’s outlook for Q1 and Q2...
read moreSales of commercial vehicles in EU fell by 10.6% in January
March 4, 2013 | 02:50am CEToriginalAll major markets except for UK showed a significant decrease. In the Czech Republic, sales decreased was less...
read more2013 Brno Motor Show: Skoda, Ford and Hyundai to attend, others considering it or let their dealers decide
March 1, 2013 | 12:09am CEToriginalCarmakers/importers considering their participation, non-participants, negotiations with local vendors, expected attendance by BVV, accompanying program...
read moreCAP: Insurers in Czech Rep revealed fewer frauds for more money in 2012
February 28, 2013 | 11:39pm CEToriginalThis trend has also been seen in the car insurance. Reasons, organizational changes in insurance companies, focus on the most serious frauds...
read moreHedrich: We aim to sell 90% of Lexus and 10% of Toyota HEVs in Czech Rep prospectively
February 28, 2013 | 12:25am CEToriginalSales in 2012, customer response to the hybrid revolution, orders and plans, new models, the Toyota Insurance Komplet with a 2.55% rate...
read moreVosicky (Hyundai): Czech car market to fall by about 5% in 2013
February 27, 2013 | 12:56am CEToriginalHyundai's growth, strengthening of fleet sales, demand for LPG, expansion of drives with CNG, the effort to succeed in government procurement...
read moreCSOB Leasing moved up to second place in 2012, being first in corporate finance
February 20, 2013 | 11:57pm CEToriginalBusiness results in individual commodities including cars, financing of large investments in CSOB Group...
read moreCar sales in Europe down by 8.5% in January, at lowest level since 1990
February 20, 2013 | 01:14am CEToriginalSome countries and carmakers registered double-digit declines. Skoda with a slight drop in sales increased its market share...
read moreBasset (Renault): Czech car market to fall in 2013 similarly as in 2012
February 18, 2013 | 02:35am CEToriginalMarket development in 2012, the growth of re-exports, optimistic and pessimistic outlook for 2013...
read moreEuropean car and component manufacturers welcome EU-US plan on free trade zone
February 15, 2013 | 01:35am CEToriginalThe vision of involved parties, benefits, timing of meetings, contribution to GDP, the expression of ACEA, CLEPA and VDA...
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