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CEE Automotive Supply Chain 2024: ZAP, AutoSAP to hold 7th conference on supply chain in automotive industry in Central and Eastern Europe with matchmaking day in Žilina, Slovakia on November 13-14. Representatives of Kia Slovakia, Jaguar Land Rover Slovakia, Volvo Car Slovakia, Adient Slovakia, Miba Sinter Slovakia, JTEKT, Schaeffler Czech Republic, Asseco CEIT, ACEA to speak at event
October 25, 2024 | 12:51pm CETflashread more
ACEA: New car registrations in EU down by 6.1% in September, up by 0.6% to 7.99 million in Q1-3 (Volkswagen +0.3%, +1.2%; Stellantis -27.1%, -5.9%; Renault -1.5%, -0.2%; Hyundai -11.4%, -5.1%; Toyota +5.1%, +16.4%; BMW +7.6%, +0.5%; Mercedes-Benz -7.3%, -3.6%; Ford -9.8%, -15.3%; Volvo Cars +16.1%, +38.9%; Tesla +31.2%, -7.6%; Nissan -20.3%, +5.2%; Suzuki -11.5%, +20%; SAIC -25.6%, +14.2%; Mazda -24%, -4.6%; Jaguar Land Rover -30.7%, -8.1%; Mitsubishi -13.8%, +59.5%; Honda -19%, +33.6%), individual fuel/power types successful differently (BEV +9.8%, -5.8%; PHEV -22.3%, -8.1%; HEV+MHEV +12.5%, +20.1%; FCEV+NGV/CNG+LPG+biofuel/ethanol -3.4%, +4.1%; petrol -17.9%, -4.4%; diesel -23.5%, -11.1%). Full+mild hybrids (share 32.8%) surpassed petrol cars (29.8%) in September
October 25, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 9.8% in Q3, by 4.7% to 506,500 in Q1-3 (VW -5.1%, -0.7%; Škoda -7.8%, -6.7%; SEAT+Cupra -4.4%, -3.7%; VW Commercial Vehicles -26.3%, +2.2%; Audi -17.4%, -5.9%; Porsche -25%, -41%; MAN -46.7%, -43%; VW Truck & Bus +180%, +139%; Scania +81.8%, +0%; International Motors/Navistar +37%, +65.1%). VW ID.4/ID.5 (135,200 cars), VW ID.3 (105,900), Audi Q4 e-Tron (including Sportback, 78,800), Škoda Enyaq (including Coupé, 50,800), Cupra Born (29,600), Audi Q8 e-Tron (including Sportback, 23,900), VW ID.7 (including Tourer, 22,200), VW ID. Buzz (including Cargo, 20,000) were best-selling BEVs. BEV order bank in Western Europe stands at around 170,000 vehicles, automaker said, adding that PHEV deliveries up by 9% to 192,000 in Q1-3
October 24, 2024 | 02:38pm CETflashread more
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá Boleslav, Czechia in June, which takes overall quality and reliability of batteries for electric vehicles to new level. Workplace is able to use computed tomograph (CT) to visualize its internal structure in very high resolution without need for mechanical penetration into battery. CT LargeScan 2.0 device developed by Esperanto s.r.o. (distributor of Witte Barskamp, Unima, Kordt, Mitutoyo clamping, measuring equipment in Czechia, Slovakia, Ukraine) allows x-ray technology to check quality of various battery parts (cells, control units, wire harnesses, connectors, seals) and with significant advantages over touch or laser inspection. It is pilot deployment in Volkswagen Group
October 23, 2024 | 04:12pm CETflashread more
2024 Prague Car Festival (October 26-27): Tuning Expo (partners: BSR, CarMedia Pro, Saga Praha/Mercedes-Benz AMG Performance Center, Febi Bilstein, Performance Messe), Racing Expo (Ronal, Česká podnikatelská pojišťovna/ČPP, Liqui Moly), Classic Expo (Interaction/Spies Hecker, Retro Garáž, Engine Prague) exhibitions once again to be held simultaneously in Prague, Czechia, 13th year on area of more than 38,000 sqm. Würth to also join fair. Tomáš Vaněk (Vizus Communication) became PR manager of festival. Over 37,000 people visited event in 2023
October 23, 2024 | 04:07pm CETflashread more
Raiffeisen-Leasing received more than 1,300 applications for financing in Czechia under Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest was in Tesla cars (over 90%), average loan amount per vehicle was CZK 600,000 (EUR 23,750)
October 23, 2024 | 04:01pm CETflashread more
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 of 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
Associatons
Leasing of cars and LCVs in Czech Rep down in H1, trucks and buses up
August 8, 2011 | 03:53am CEToriginalNumber of contracts concluded, financial and operating leases, fleet management, consumer loans, car financing penetration...
read moreGenerali PPF Holding: Largest accident insurance penetration in CEE in Slovenia
August 8, 2011 | 03:30am CEToriginalSlovakia, Poland, Hungary and Bulgaria follow. In the Czech Republic, clients of Ceska pojistovna are more responsible than other motorists...
read moreSales of new cars in Czech Rep rose by 6.4% in July, LCVs sales by 21.1%
August 4, 2011 | 05:02am CEToriginalAccording to SDA, the July increase has virtually compensated the June drop. Development of trucks and buses, the results of individual brands...
read moreCar insurance market in Czech Rep fell by 7% in H1, damage liability more than accident insurance
July 29, 2011 | 05:17am CEToriginalNumber of insured vehicles increased by 170,000 units, premium has thus been getting cheaper. The results of insurance companies...
read moreSales of commercial vehicles in EU rose by 1.5% in June, disappointing analysts’ expectations
July 27, 2011 | 04:48am CEToriginalThis is a significant reduction in the growth rate from 25.1% in May. Sales of vans have even decreased and it is the first decline since February 2010. The outlook for the next months...
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 moreSales of passenger cars in EU fell by 8.1% in June, by 2.1% in H1
July 17, 2011 | 09:20pm CEToriginalThe decline in June was showed by all the major automotive markets of the EU. The reason is the effect of scrapping bonus and economic and consumer uncertainty...
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 morePekny (SDA, Kia): Real transaction prices of new cars in Czech Rep has not been changing significantly, communication prices go further down
July 12, 2011 | 05:48am CEToriginalThe price difference between the Czech Republic and Western Europe, the benefits of re-exports, development of the finance penetration, the impact of the shortened depreciation...
read moreCar Importers Association considered including non-members in stickers project
July 12, 2011 | 05:00am CEToriginalThe project could thus include dealerships and service shops of Skoda and Hyundai in the Czech Republic. Launching the project and a database of authorized partners...
read moreSales of new cars in Czech Rep fell by 12.8% in June, LCV sales by 15.4%
July 8, 2011 | 04:42am CEToriginalAccording to SDA, the affect of depreciation exception still continues. Results of individual brands, the spring evaluation, reduced outlook for 2011...
read moreSales of commercial vehicles in EU rose by 25.1% in May
June 30, 2011 | 12:38am CEToriginalIt is an acceleration of growth from 9.5% in April. In the Czech Republic, sales went up by 27%, some European countries, however, showed a sharp decline...
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 moreVemex wants to install 10 public CNG filling stations in Czech Rep by 2013
June 23, 2011 | 04:32am CEToriginalVemex is negotiating it with petrol stations and at the same time it wants to build filling equipment in companies. The next step is to make run the fleet on CNG…
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 moreSales of new cars in EU rose by 7.1% in May
June 20, 2011 | 02:47am CEToriginalAfter five months of 2011, sales show a drop of 0.8%. Results of individual countries including the Czech Republic and Slovakia, KPMG's outlook...
read moreSDA, SAP agree to transfer part of money for environmental disposal of car wrecks elsewhere
June 9, 2011 | 01:16am CEToriginalIn 2010, two thirds of finances were not used. Statistics on receiving money from the environmental tax in the Czech Republic (the fee for re-registration of a used car)...
read moreVeletrhy Brno wants to attract Slovak companies to Autotec in 2012
June 7, 2011 | 04:30am CEToriginalThe organizer has begun leading talks with ZAP. The fair designed for professionals might thus have around 500 exhibitors...
read moreSales of new cars fell by 2.5% in Czech Rep in May, LCV sales rose by 0.3%
June 6, 2011 | 05:51am CEToriginalAccording to the SDA, the affect of depreciation exception continues. Demand for trucks has more than doubled, after buses it has increased by 10%. The results of individual brands...
read moreAllianz intends to further improve damage liability portfolio in Czech Rep, willing to attract decent drivers
June 1, 2011 | 04:55am CEToriginalThe insurance company has cheapened damage liability for decent drivers. On the contrary, it has increased the price for offenders. Details of pricing changes, the insurance supplement...
read moreEU sales of commercial vehicles up by 9.5% in April, by 17% in Czech Rep
May 30, 2011 | 01:16am CEToriginalSales of light and medium commercial vehicles rose by 5%, sales of heavy trucks by more than 50%...
read moreExperts: April drop in sales of new cars in Czech Rep probably caused by several factors, May can confirm some
May 19, 2011 | 09:45pm CEToriginalOpinions of PwC, KPMG, SDA, AAA Auto; the impact of depreciation exceptions, the earthquake in Japan and a drop in fleet sales...
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 moreNew cars sales in EU fell by 4.1% in April
May 18, 2011 | 05:00am CEToriginalAll major markets excluding Germany suffered sales decline. Negative news from southern Europe, the impact of earthquakes in Japan...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read more
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