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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
EU new cars sales fell by 9.7% in February, by 11.8% in euro area
March 16, 2012 | 04:05am CEToriginalThe reason is the continued decline in demand in south-western Europe. The results of individual countries and brands, growing market share of Skoda...
read moreCzech drivers fictitiously sell cars due to cheaper damage liability
March 14, 2012 | 02:42am CEToriginalInsurance companies along with the Czech Insurers’ Bureau are analyzing the situation and preparing measures. Statements of a broker Ceske pojisteni and insurance companies...
read moreOICA: Global automobile production increased by 3% to record 80.1 million in 2011
March 12, 2012 | 12:09am CEToriginalProduction in the EU increased, but it is still below the pre-crisis level of 2008. Details of individual regions, expectations in 2012...
read moreSales of new cars in Czech Rep up by 5.4% in February, sales of LCVs by 4.6%
March 7, 2012 | 02:24am CEToriginalTruck registrations went down, but rose for buses. The growth was driven by Hyundai, Skoda, Nissan, Peugeot, Kia and Citroen. Details...
read moreCeska pojistovna transferred rendition of assistance services under Generali Group
March 2, 2012 | 02:46am CEToriginalContractors will be replaced by a JV with Europ Assistance. Statistics of assistance interventions, head of the new company CP Asistence, transfer of employees, future od SOS Assist...
read moreSales of new cars in EU down by 7.1% in January, fourth month in a row
February 17, 2012 | 02:17am CEToriginalThe decline was mitigated by CEE markets like the Czech Republic, Slovakia, Poland, Hungary and Romania. Apart from Hyundai and Kia brands, Skoda grew as well. Details, a comment by KPMG...
read moreVZP begins to penetrate automobile insurance
February 8, 2012 | 01:33am CEToriginalThe license for accident insurance from CNB, the premiums in 2011, current products and target group...
read more17 HEVs and one EV were registered in Czech Rep in January
February 7, 2012 | 04:07am CEToriginalAmong them, there are cars of Toyota, Lexus and Honda brands, as well as the Audi Q5 Hybrid and Mercedes-Benz Vito E-Cell. Specifications and prices of the novelties...
read moreSales of new cars in Czech Rep increased by 10.6% in January, LCV sales by 21.9%
February 6, 2012 | 12:52am CEToriginalRegistrations of trucks and buses also increased. Growth was driven by Hyundai, Skoda, Volkswagen, Nissan, Peugeot, Chevrolet and BMW. Details...
read moreMarket for car insurance fell by 6.3% in Czech Rep in 2011 at growth in number of insured vehicles by 1.9%
February 6, 2012 | 12:48am CEToriginalHowever, according to CAP, car insurance prices will not further fall in 2012. The results of insurance companies, a new member of Pojistovna VZP...
read moreNumber of cars insured under damage liability in Czech Rep up by 126,000 (+1.9%) in 2011
January 30, 2012 | 12:57am CEToriginalThe growth was driven by Ceska podnikatelska pojistovna. A decline registered by Ceska pojistovna and Generali, collapse in prices, loss of this type of insurance...
read moreDozens of companies from Czech Rep supply components for new Ford Focus
January 26, 2012 | 01:13am CEToriginalSeventeen of them applied for the Supplier for the Car of the Year 2012 in the Czech Republic. Witte supplies parts to four finalists of the Car of the Year...
read moreCar of the Year 2012 in Czech Rep: Ford Focus became winner
January 24, 2012 | 11:27pm CEToriginalThe jury selected a representative of the lower middle class in the finals, which is the most voluminous segment in respect of sales. Evaluation of the jury...
read moreSales of new cars in EU fell in December, third month in row
January 18, 2012 | 12:18am CEToriginalOver the full year 2011 the sales decline reached 1.7%. Results in individual markets, KPMG’s comment...
read moreStatistics of new car registrations in Czech Rep to undergo several changes in 2012
January 13, 2012 | 12:04am CEToriginalChanges are related to membership in the Car Importers Association (SDA) and vehicle drives...
read moreNewly formed company KOPP wants to recover unpaid amounts for amortization from insurers in Czech Rep for people involved in accidents
January 12, 2012 | 11:49pm CEToriginalThe company relies on findings of the Constitutional Court in 2008. The company founder, branches, previous achievements, reaction of CAP...
read moreProject of stickers of Czech Car Importers Association delayed
January 12, 2012 | 04:20am CEToriginalImporters inquired dealers and service shops whether they wish to participate, and the implementation has recently been launched. The reasons for the delay...
read moreSales of new cars in Slovakia up by 6.5% in 2011
January 11, 2012 | 04:05am CEToriginalIt was thanks to strong H1, because H2 was weaker. The dominant brand Skoda further strengthened its position, followed by VW and Kia...
read moreSales of new cars in Czech Rep should stagnate or decline slightly in 2012
January 10, 2012 | 12:40am CEToriginalPrices should not change much in most segments and should go up in the premium segment slightly. The outlook of SDA and PwC...
read moreSales of new cars fell by 0.7% in Czech Rep in December, LCV sales rose by 33%
January 6, 2012 | 02:21am CEToriginalRegistrations of trucks and buses went up. The largest growth was showed by brands Ford, Renault, Skoda a Dacia. Details...
read moreCar of the Year 2012 in Czech Rep: Skoda Citigo, Ford Focus, Audi A6, Range Rover Evoque and Porsche 911 qualified for finals
January 2, 2012 | 11:38pm CEToriginalThe public with a panel of experts agreed on the winner in three of the five categories...
read morePekny (SDA, Kia): New car market in Czech Rep to rise by about 2.2% in 2011
December 26, 2011 | 11:30pm CEToriginalAccording to SDA, corporate customers dominated the sales. The share of re-exports...
read moreCar sales down by 3.5% in EU in November
December 18, 2011 | 11:45pm CEToriginalThe pace of decline accelerated from 1.8% in October. According to KPMG, the reason is problems of the euro area and emerging second wave of postponing car purchases...
read moreSales of new cars up by 4.5% in Czech Rep in November, sales of LCVs by 10.2%
December 6, 2011 | 01:11am CEToriginalRegistrations of trucks went up as well, registrations of buses fell. The growth was driven by brands Hyundai, Volkswagen and Kia. Details...
read moreMartin Jahn to lead Czech Automotive Industry Association for two more years
December 5, 2011 | 12:06am CEToriginalPavel Juricek was confirmed as vice president and the representatives of Hella Autotechnik and Skoda Auto were newly elected. A new agreement with the unions...
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