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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
Invelt opened showroom in Stodulky, Prague 5 as its third in Czech Rep
January 6, 2010 | 10:40pm CEToriginalThe company reopened complex of BMW, Mini and Alpina brands including a large service facility and the LifeStyle Shop in western suburbs of Prague…
read moreTUV Report 2010: Scrap bonus not resulted in increased security, people saving more for service
January 6, 2010 | 10:26pm CEToriginalA negative trend of increasing quota of defects found during technical inspections continues, the quota rose by 1 percentage point. Individual models...
read moreRenault negotiates on prospective partnerships, with carmaker Daimler among others
January 6, 2010 | 09:57pm CEToriginalRenault also wants to reduce costs within an alliance with Nissan. According to Renault, in 2010 European automobile market will go down by…
read moreMegatech to expand to Central and Eastern Europe, to buy Plastkov Group from Benson Oak
January 6, 2010 | 09:01pm CEToriginalThe group includes companies Plastkov MR, Plastkov Automotive and BTV plast. Megatech’s strategy covers also plans for acquisitions in other CEE countries…
read moreToyota to introduce first plug-in hybrid into market in 2011, Prius probably
January 6, 2010 | 08:03pm CEToriginalThe Prius is now offered as a full-hybrid without the possibility of charging from power line. The car’s price is expected to move under…
read moreAAA Auto changes financial head after half a year again
January 6, 2010 | 06:47pm CEToriginalThis post will be filled with CEO´s representative Jiri Trnka. He will replace Jan Barak in the position, who…
read moreAvon Automotive shut down production in Rudnik due to blast investigation
January 6, 2010 | 05:48pm CEToriginalThe company with about 380 employees will inform separate customers on resuming the production individually…
read moreAuto Esa offers valuable gifts for buying car in cash in January
January 6, 2010 | 05:17pm CEToriginalHowever, the various allowances, gifts and bonuses have applied to buying a car through financing so far. Other special offers also continue in Auto Esa…
read moreScrap bonus in EU has increased interest in small cars and reduced diesel cars share
January 6, 2010 | 04:37pm CEToriginalThe move from diesel engines is evident for example in Germany, where their share fell from 45% to...
read moreVolkswagen plans changes in system of remuneration in management
January 6, 2010 | 03:45pm CEToriginalThe company will introduce long-term bonuses this year which will be related to satisfaction of both customers and employees, to meeting planned sales and…
read moreUS Supreme Court ordered to dismiss appeal in Chrysler case
January 6, 2010 | 02:58pm CEToriginalThe Supreme Court of the United States declined to hear a challenge of pension funds of the State of Indiana and other opponents to block the sale in June already…
read moreGM not to move European head office from Switzerland to Germany
January 6, 2010 | 01:59pm CEToriginalThe old headquarters will cease to exist in its current way. Therefore, GM Europe does not intend to get back to its original organization. The decentralization has already taken effect in…
read moreVolkswagen stopped offering retro model New Beetle in Czech Rep, waiting for successor
January 6, 2010 | 01:50am CEToriginalThe smallest model Fox is also not available in the Czech Republic. However, both cars can be bought in Slovakia and Germany. The new generation of the New Beetle will arrive in…
read moreBMW took after passenger cars also motorcycle importer license in Czech Rep
January 6, 2010 | 12:34am CEToriginalIt happened three years after the carmaker took the import of BMW passenger cars from AuTec Group. Diplomat sales...
read moreInsurance company Triglav currently not intending to raise premium rates, improving helpdesk
January 6, 2010 | 12:07am CEToriginalRates may increase in spring at the earliest. The insurance company has taken on second helpdesk, whose share is growing...
read moreHonda dealer network in Czech Rep not struck by recession, some dealers implement investments even
January 5, 2010 | 11:40pm CEToriginalOne dealer in Bohemia and one in Moravia are rebuilding present showrooms; in Moravia one current dealer will build…
read moreFinancing of cars Renault, Dacia and Nissan in Czech Rep newly covered by RCI Financial Services
January 5, 2010 | 07:18pm CEToriginalIt is the existing joint venture of UniCredit Leasing and RCI Banque, which has changed its name and taken on the Nissan brand...
read moreTop-Pojisteni.cz: Already more than 20% of Czech motorists get car insurance online
January 5, 2010 | 06:37pm CEToriginalThe biggest players on the market do not lead in selling the car insurance online though. Customers do not always choose the cheapest insurance company, according to a survey…
read moreChinese car market to grow this year despite tax increase
January 5, 2010 | 05:49pm CEToriginalThe pace of the growth is expected to slow down to approximately 15% from 50% expected in 2009. On the other hand, the Chinese government has increased the scrap bonus…
read moreVapour tanks exploded in Czech plant of Avon Automotive, two people dead
January 4, 2010 | 10:27pm CEToriginalThe company will still be operating partially but there is a lack of vapour for some production technologies, for heating as well...
read moreTPCA President Yasuhiro Takahashi and Toyota's JV project manager Satoshi Tachihara exchanged positions
January 4, 2010 | 09:12pm CEToriginalTakahashi has worked in TPCA for 3.5 years. Tachihara had already the Czech plant in charge within his former activities...
read moreGeneral Motors to invest USD 336 million in factory for plug-in hybrids Chevrolet Volt
January 4, 2010 | 08:30pm CEToriginalThe carmaker plans to produce from 8,000 to 10,000 Volt cars in 2011. In some time, the production should increase to...
read moreCCS: Fuel in Czech Rep went significantly up last week, stagnated in Slovakia
January 4, 2010 | 07:05pm CEToriginalPetrol Natural 95 marked the price up on average by 68 hellers, diesel by 72 hellers at the Czech petrol stations. This week...
read moreOpel did not include VAT rise into car prices, discounting most of its models
January 4, 2010 | 06:31pm CEToriginalPrice decreasing of models Astra Classic III, Zafira, Corsa, Combo, and Insignia follows the recent cheapening of Meriva model. Six-year warranty continues...
read moreChina to increase tax on small car purchase to 7.5%
January 4, 2010 | 06:09pm CEToriginalThe measure comes a year after the tax had been reduced from 10% to 5%. The tax concerns vehicles with engine volume to...
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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...
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Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
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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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Source: ECB, November 21, 2024