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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
Mitterwald (LeasePlan): Operating lease market in Czech Rep to stagnate in 2010
March 9, 2010 | 02:02am CEToriginalMany companies, according to Mitterwald, are extending existing contracts for operating leases in times of the crisis instead of purchasing new cars...
read moreSkoda is most imported brand of used cars to Czech Rep this year, overtook Ford
March 8, 2010 | 11:29pm CEToriginalWhile imports of Skoda cars fell by 2% this year, the imports of Ford cars by 20%. Structure of Skoda cars imported by age...
read moreSkoFIN registered decrease of new contracts by 31.8% and volume of transactions by 39.6% in 2009
March 7, 2010 | 11:31pm CEToriginalHowever, the decline was less than the fall registered by the entire Czech market. Nevertheless, the company managed to significantly increase non-leasing financing…
read moreCKP: Number of road accidents increased by 3% in Czech Rep in 2009
March 5, 2010 | 12:40am CEToriginalHowever, police investigated only 74,363 accidents, which is by 53% y/y less. Development in passenger cars, with damage to and over CZK 100,000, with an injury/death...
read moreSales of passenger cars and light commercial vehicles in Czech Rep fell by 7.3% in first two months
March 4, 2010 | 03:57am CEToriginalThe registrations of passenger cars have increased by 17.3%. The results are distorted by the last year's change in the VAT Act...
read moreSAP: Trade unions demand increase in wages by 5% in 2010, companies considering maximum of 1.5%
February 28, 2010 | 11:46pm CEToriginalSalary growth reached only 0.7% in 2009. The current wage situation in the carmakers Skoda Auto, TPCA, Hyundai Motor Manufacturing Czech and Tatra...
read moreSales of commercial vehicles in Europe decreased by 12.3% in January
February 28, 2010 | 10:59pm CEToriginalThe sale is therefore showing a fall for 21 months in a row already. The market of commercial vehicles is now showing signs of stabilization, but...
read moreFort (Hyundai): We aim to move one brand forward every year and to become leader among Czech importers in 2012
February 24, 2010 | 10:14pm CEToriginalIn 2010, Hyundai plans to increase sales by a third and market share by 2 percentage points. This year, the entire Czech market should fall by...
read moreSAP: Number of workers in Czech automotive industry down by 14,000 people in 2009
February 24, 2010 | 12:15am CEToriginalThe decline in the number of staff almost exclusively occurred in H1. However, the average wage rose by...
read moreNon-payers of damage liability paid CZK 66.5 million to CKP in 2009
February 23, 2010 | 02:29am CEToriginalNearly 133,000 people were summoned to pay the allowance. The number of uninsured cars on Czech roads fell in 2009...
read moreCar sales in EU increased by 12.9% in January, by 13% in Europe
February 17, 2010 | 03:19am CEToriginalSales rose by 15.7% in Western Europe, while in Eastern Europe, it fell by 23.5%. For the whole 2010, ACEA expects...
read moreSAP has prepared project AutoAdapt, ministry not willing to grant it
February 16, 2010 | 12:09am CEToriginalThis project focused on the increase of workers’ adaptability in the automotive industry is a follow-up to IQ Auto and IQ Industry. Budget, partners and project’s details...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: New production and progress of R&D not to be in Czech Rep without euro
February 14, 2010 | 11:57pm CEToriginalHowever, due to the budget deficit, the introduction of the euro is being postponed from previously contemplated years 2012 and 2013 to...
read moreMatula (CLFA): Financing of used vehicles to grow in 2010
February 12, 2010 | 12:34am CEToriginalCompanies will resort to financing with short-term liability. Leasing companies in cooperation with suppliers of equipment...
read moreLeasing of movable assets fell by 53.3% in Czech Rep in 2009, consumer loans by 24.5%
February 11, 2010 | 10:53pm CEToriginalShare of the growth in operating leases continued in total leasing of movables. The outlook for 2010...
read moreSales of new passenger cars in Slovakia stagnated in January
February 8, 2010 | 11:11pm CEToriginalDemand for light commercial vehicles fell by 8%, for medium-sized trucks by more than 50% while demand for trucks went up by more than 20%. In January premium brands were well off...
read moreCLFA: Many companies in Czech Rep not aware of accelerated depreciations’ option
February 5, 2010 | 12:24am CEToriginalAt present, it is a border period for a decision to purchase new vehicles since the waiting time is four months or more. Financial leasing has become more favourable than...
read moreCAP: Insurance companies investigated fewer cases in 2009, revealed frauds for more money
February 4, 2010 | 11:46pm CEToriginalSaved value was increased by 9.1% in 2009 together with a downturn in investigated claims by 6.5%. In insurance of motor vehicles...
read moreSales of Volkswagen Group in Czech Rep fell by 2.6% in 2009, registrations by 12.9%
February 3, 2010 | 08:20pm CEToriginalThe reasons for this difference, sales and registration of individual brands and outlook of Import Volkswagen Group general manager Rudolf Javurek...
read moreSales of vehicles under 3.5 t fell by 7% in Czech Rep in January
February 3, 2010 | 07:57pm CEToriginalPurchases of companies made up 61.5% of all vehicles sold (37% in January 2009). Prevalence of company cars was reflected in the share of business segments...
read moreCAP: Insurance companies increased premiums by 2.5% in 2009, by 0.6% in non-life insurance
January 28, 2010 | 12:55am CEToriginalThe overall stagnation within the non-life insurance also participates in car insurance. In 2009, premiums for accident insurance...
read moreCommercial vehicles sales in Europe fell by 32.4% last year, in December by 10.6%
January 27, 2010 | 01:38am CEToriginalBaltic States recorded the worst decline, and France had the best sales. In the Czech Republic and Slovakia...
read moreCzech car market declined by more than 20% last year
January 25, 2010 | 01:59am CEToriginalThe interest decreased mainly regarding the used cars, both from abroad and local used car centres as well as from Czech owners...
read moreCar Importers Association wants government concept of transport development in Czech Rep
January 19, 2010 | 02:08am CEToriginalSDA calls on the government to somehow support the fleet renewal. Considering car drives, the nearest future is in...
read morePassenger car sales in Europe down by 1.6% last year, in December up by 16%
January 18, 2010 | 01:49am CEToriginalAccording to PwC, it might fall by 6.2% this year. The markets, which were not supported by the scrap bonus in 2009, should keep at last year's numbers...
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