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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
General Motors considers re-opening of some shuttered factories
January 13, 2010 | 12:25am CEToriginalThe carmaker cannot produce some models fast enough, namely...
read moreCar of the Year 2010 in CZ: Skoda defended primacy of previous year, Yeti won title this year
January 12, 2010 | 11:57pm CEToriginalSkoda Yeti thus won such an award for a second time in the Czech Republic. In each category the following cars won...
read moreSDA: Price decline of new cars caused shift of interest in segment upwards
January 12, 2010 | 11:43pm CEToriginalHowever, the prices of new cars have not declined so significantly in 2009. For example, last year’s average price of Kia cars declined by...
read moreScotia Economics: Global car sale to significantly rise in 2010, in 2011 possibly exceeding current records
January 12, 2010 | 11:07pm CEToriginalDouble-digit growth might be apart from China, India and Brazil recorded on the US market as well, where it will be helped by...
read moreFiat to satisfy government, increasing annual production in Italy by 50% in three years
January 12, 2010 | 10:56pm CEToriginalHowever, the carmaker points out the lower productivity of the Italian factories compared with Poland and Brazil. Plant based in Sicily...
read moreScrap bonus in Russia to start on March 8, only in quarter of regions and for models assembled in Russia
January 12, 2010 | 10:46pm CEToriginalThe problem can occur with a low number of scrap yards and a charge for disposal. The government expects an increase in demand for...
read moreHyundai plan to strengthen its fleet sales in Europe, agreed to cooperate with ALD Automotive
January 11, 2010 | 11:58pm CEToriginalThe agreement includes a favourable price conditions for the sale of vehicles in 21 countries including the Czech Republic and Slovakia. Last year, the market share of Hyundai in Europe rose to...
read moreBenteler initiated production of aluminium bumpers in Czech Rep, taken over from Hydro
January 11, 2010 | 11:50pm CEToriginalThe company has employed 30 people in Ostrov, Tachov region. Manufacturer of cable harnesses Leoni has moved its production in Panattoni Park as well...
read morePrices of cars sold on Czech market dropped by 1.7% m/m in December
January 11, 2010 | 11:35pm CEToriginalNew cars cheapened more than the used ones. Prices of spare parts and service works stagnated. Specific information...
read moreAudi wants to invest EUR 7.3 billion by 2012, mostly in Germany
January 11, 2010 | 11:21pm CEToriginalThe investments will go into production capacities, products and technologies. By 2015 the carmaker plans to increase the number of its models from the current 34 to...
read moreSales of passenger cars and light commercial vehicles down by 6.7% in Slovakia in 2009
January 11, 2010 | 11:05pm CEToriginalSkoda remained the most popular brand, followed by Renault and Peugeot. In the segment of trucks and buses...
read moreSaab executives reportedly opted for liquidation of the company
January 11, 2010 | 10:49pm CEToriginalGeneral Motors has appointed a company to supervise on activities related to shutdown of Saab which will take several months. GM is still evaluating bids for Saab...
read moreEgyptian state-owned company Trenco and its investors plan to build biggest tire plant in Middle East
January 11, 2010 | 09:52pm CEToriginalConstruction of the factory at the port of Alexandria should last two years. Annual production of tires for passenger cars might achieve...
read moreCCS: Fuel prices in Czech Rep grew rapidly by more than CZK 1, while stagnating in Slovakia
January 11, 2010 | 09:32pm CEToriginalThe prices of Czech petrol stations fully reflect the tax increase from the beginning of the year as well as the oil prices rise in recent weeks. In the following days...
read moreFord agreed to sell Volvo Car division to Chinese company Geely
January 11, 2010 | 08:56pm CEToriginalThe signing of a definitive agreement is expected in Q1 and the transaction completion in Q2 2010. Volvo would therefore break into the Chinese market more...
read moreMann+Hummel: Acoustic modules could solve problem with great quietness of electric cars and hybrids
January 11, 2010 | 07:55pm CEToriginalIt is also a simple means to increase the level of brand identification by the sound of the engine. The acoustic tube has found use in another Ford sports model...
read moreAuto Kora as first Ford dealer in Czech Rep installed revolutionary painting system Robodry from Symach
January 11, 2010 | 07:02pm CEToriginalThis allows a significant acceleration of car paint repair, and during the same day. Supplier and details about the technology...
read moreAVE decided to go on operational leasing in Czech Rep, LeasePlan to be provider
January 11, 2010 | 06:19pm CEToriginalThe company AVE has significantly increased its fleet in recent years. In the first phase LeasePlan will provide AVE CZ with 90 cars of brand...
read moreVolkswagen Passat CC in 2010: Decrease of list price + extension of standard equipment = CZK 72,000 in savings
January 11, 2010 | 05:42pm CEToriginalIn addition, BlueMotion version has been added and R-line packet has been discounted. In 2009, the Passat CC participated in sales of Passat model line by...
read moreHonda to possibly build new plant for passenger cars for EUR 150 million in China
January 11, 2010 | 04:30pm CEToriginalHonda's new plant should stand next to the existing joint plant of a Chinese carmaker Dongfeng Motor. Honda's production capacity in China would therefore increase by...
read moreKia in January: Special discounts, bonus in financing, free winter tires, action packet for Sportage
January 11, 2010 | 04:03pm CEToriginalFor the models Soul, Carens and Sportage, besides winter tires the customer also gets aluminium disks. Anniversary packet for the Sportage includes...
read moreQatar increased stake in Volkswagen to 17%, and to acquire chairs in supervisory boards of VW and Porsche
January 11, 2010 | 02:48pm CEToriginalVolkswagen also received from the European Commission an approval to take over the car dealer Mahag Group, which operates in...
read moreAudi offers equipment packets for A3, A4, A5, A6 and Q7 free of charge or at significant savings in January
January 11, 2010 | 01:48pm CEToriginalBoth comfort packet and S line sports packet are discounted. According to the model and motorisation more than CZK 100,000 can be saved...
read moreToyota Motor developed clear paint with ability of auto-recovery
January 11, 2010 | 12:52pm CEToriginalThe modernized model Lexus LS has been equipped with it as the first car. The carmaker also introduces water-soluble paints into all manufacturing plants...
read moreSpyker submitted improved bid for Saab to GM, other two candidates in play allegedly
January 11, 2010 | 11:52am CEToriginalAnother offers were also probably submitted by two Swedish groups Genii Capital/Koenigsegg/Bernie Ecclestone and former boss of MAN Hakan Samuelsson...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
Hertsenberg: AutoBinck (Mitsubishi Motors, MG importer in Czechia, Slovakia) became...
AutoCare powered by CarGarantie: CarGarantie agreed to cooperate with Santander Consumer...
Constellium agreed with Renault Group to establish closed-loop recycling process for...
Witte Automotive took over Institut mikroelektronických aplikací (developer, manufacturer...
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation...
Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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EXCHANGE RATES
1 EUR = 1.05 USD
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Source: ECB, November 21, 2024