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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
Operating Sphere+Region
Bosch to close factory in Wales, moving production to Hungary
January 18, 2010 | 01:58am CEToriginalThere will be 900 people left unemployed in Miskin-based factory. The production moving as well as the plant’s closure will be under way gradually 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...
read moreAAA Auto extended guarantees, providing all cars over CZK 100,000 with Cebia Report
January 18, 2010 | 01:23am CEToriginalThe company newly guarantees that the car was not flooded during the floods, but mainly the mileage...
read moreHead of German carmaker Opel, Hans Demant, resigned
January 18, 2010 | 12:49am CEToriginalOpel has also confirmed information about the temporary reduced working time in the German factories. Demant will be replaced by...
read moreFrench government aim to have greater influence on Renault management, considering raising its stake in carmaker
January 18, 2010 | 12:17am CEToriginalFrance as the largest Renault’s shareholder with a share of 15% is considering raising the share to...
read moreSales of Jaguar and Land Rover cars on Czech market to be managed by carmaker itself
January 15, 2010 | 05:09am CEToriginalJaguar Land Rover is yet another carmaker which has taken an importer’s licence in the Czech Republic over from a local partner. The composition of the dealer network...
read moreHead of Volkswagen Martin Winterkorn replaces Hans Dieter Potsch in supervisory board of Skoda Auto
January 15, 2010 | 04:47am CEToriginalPotsch resigned from this office at the end of 2009. Winterkorn will also be proposed for a function...
read moreProduction in Czech Hyundai plant running in full two-shift operation without overtime in January
January 15, 2010 | 04:33am CEToriginalThe collective agreement which is currently under negotiation is to solve mandating overtime. Unions will demand...
read moreSarkozy to talk to Renault’s management of production place of Clio IV
January 15, 2010 | 04:28am CEToriginalRenault is considering more possibilities of production of the upcoming generation of Clio. France as a shareholder requires placing the production in Flins...
read moreSales of PSA Peugeot Citroen fell by 2.2% last year
January 15, 2010 | 04:05am CEToriginalIn 2010, PSA expects signs of recovery in demand around the world except Europe, where...
read moreSweden still sees chance to rescue Saab, candidates keep dealing with GM
January 15, 2010 | 03:55am CEToriginalSpyker Cars submitted an improved offer last week; Genii Capital is working on it. Attractive offer might according to GM stop the Saab’s closure...
read moreSkoda Auto to move production of Octavia form Bratislava to Vrchlabi a month later
January 15, 2010 | 03:41am CEToriginalThe reason is launching the production of a small concern car in Volkswagen Slovakia a bit later. The production will be moved in...
read more2010 NAIAS: Detroit Motor Show to focus on electric, hybrid and small cars, 60 novelties to be presented
January 15, 2010 | 03:25am CEToriginalIt is being expected that by 2013 the proportion of smaller cars on the total US sales will rise from 32% (in 2009) to...
read moreRenault sales fell by 3.1% last year, its market share slightly increased
January 15, 2010 | 12:04am CEToriginalWhile the sales of Renault cars fell, sales of the Dacia brand rose. This year, the carmaker expects decline of the European car market by...
read moreVolkswagen sales in China increased by 37% in 2009, subsidiary Skoda Auto doubled
January 14, 2010 | 01:26am CEToriginalVolkswagen is expecting growth of the Chinese car market in 2010, namely by 10 to 15%. Last year's sales of other carmakers in China...
read moreToyota Motor considering further production moving to North America, Prius still taken in account for Mississippi
January 14, 2010 | 12:55am CEToriginalJapanese carmaker will launch 10 new and facelifted models on the US market this year. Within five years, also the electric cars and plug-in hybrids...
read moreSales of passenger cars and light commercial vehicles in USA dropped by 21% to 10.4 million last year
January 14, 2010 | 12:09am CEToriginalIt reached the lowest level in past 27 years. This year, the sale might according to Barclays Capital Research increase to...
read moreContinental plans to raise issue of new equity shares
January 13, 2010 | 10:46pm CEToriginalThe company wants to reduce the debt incurred by takeover of VDO division from Siemens in 2007. New shares in the value of...
read moreHyundai Kia Automotive Group intends to accelerate growth of vehicle sales to 17% this year
January 13, 2010 | 10:07pm CEToriginalLast year the group increased sales by 10% to 4.63 million Hyundai and Kia cars. Sales of carmakers Hyundai Motor and Kia Motors...
read moreCar sales in Spain down by 18% last year but up by 25% in December
January 13, 2010 | 09:38pm CEToriginalIn H1 2010, sales are expected to grow by about 25% as well but to fall after an increase in VAT in mid-year. Therefore, the whole year...
read morePekny (SDA, Kia): Czech car market to be better served by faster depreciation than scrap bonus
January 13, 2010 | 04:19am CEToriginalAccording to him, it would be good to extend the government action even after June 30 or reduce the deduction permanently. Faster recovery of company cars may generate high-quality used cars...
read moreVolkswagen increased sales by 1.1% in 2009, subsidiary of Skoda Auto by 1.4%
January 13, 2010 | 03:34am CEToriginalWhile sales of Volkswagen passenger cars and Skoda brand went up, Audi, Seat and Volkswagen commercial vehicles recorded a decline...
read moreJohnson Controls increases its presence in Slovakia
January 13, 2010 | 01:04am CEToriginalTo four plants od the Automotive division and a technological centre for CEE, there will be added a global financial headquarters, which will be moved to Bratislava from...
read moreHyundai Motor expansion to commercial vehicles segment: This year China, within three years USA, then Europe
January 13, 2010 | 12:49am CEToriginalHyundai is now going to set up a joint venture for heavy trucks production in China. Local partner, investment and production capacity...
read moreAAA Auto, Auto Esa: Demand for luxury used cars starting to revive
January 13, 2010 | 12:37am CEToriginalUsed car dealers expect growth in demand for used cars of domestic brand Skoda as well. In 2009, Auto Esa increased sales by...
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