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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
Consumer Reports: Most reliable cars produced by Asian carmakers
December 15, 2009 | 07:17pm CEToriginalEight Asian brands have fought their way to the first tenth—Scion/Toyota, Honda, Hyundai, among others. Out of non-Asian brands, the following brands ranked among the Top 10…
read moreNissan’s Christmas special offer in Czech Rep: Clearance sale of stock for selected models with big discount
December 15, 2009 | 06:40pm CEToriginalThe models Qashqai, Note, X-Trail and Navara are available for lower prices until December 21. The prices of the models in the special offers start at…
read moreInsurance companies in Czech Rep: Number of attempts at frauds due to economic crisis on rise
December 15, 2009 | 06:10pm CEToriginalThe number of insurance frauds exposed has already exceeded the level over the year 2008. Events related to motor vehicles still outweigh…
read moreTPCA opened preventive health center for employees in Kolin
December 15, 2009 | 05:44pm CEToriginalThe centre is supposed to help people who return to work after injuries and surgeries not related to work. Carmaker Skoda Auto…
read moreCCS: Fuel prices stagnate in Czech Rep and Slovakia
December 15, 2009 | 04:27pm CEToriginalOnly a slight decline in prices of petrol and diesel occurred at Czech filling stations. On the following days…
read moreJapanese carmaker Daihatsu Motor to renew representation in Czech Rep after 12 years
December 15, 2009 | 02:36am CEToriginalRepresentation in other Central European countries is probably being prepared, too. Daihatsu cars share many components with Toyota, which owns…
read moreFaurecia centralizes separate productions of car components
December 15, 2009 | 02:10am CEToriginalIts Czech plant in Pisek has terminated production of plastic interior components, but production of exhausts will grow up here next year…
read moreVitkovice Cylinders want to deliver CNG bottles to carmakers as well
December 15, 2009 | 01:47am CEToriginalWhile Vitkovice Cylinders deliver the bottles to companies executing transformations of cars to CNG. The Czech company is negotiating with carmakers though…
read moreHyundai to introduce its first plug-in hybrid in US in 2010
December 15, 2009 | 01:30am CEToriginalThe hybrid will arrive in Europe in 2011. Hyundai has already become involved in alternative drives: the Elantra Hybrid LPI, i10 EV…
read morePrices of cars sold on Czech market down by 1.4% in November
December 15, 2009 | 01:14am CEToriginalNew cars became cheaper by 0.2%, prices of used cars declined by 2.7% even. Spare parts and service works became more expensive though...
read moreToyota to expand production in Canada, to create 800 jobs in plant in Woodstock
December 15, 2009 | 12:59am CEToriginalThe carmaker thus reacts to a high demand for the Toyota RAV4, whose production will grow after introducing a second shift to...
read moreSwedish truck producer Volvo AB to shut down plant in US
December 15, 2009 | 12:49am CEToriginalIn the plant in Asheville 228 employees will lose their jobs. The decision is a part of the company’s plan for a reduction of production capacities...
read moreHR MANAGERS’ MEETING 2009: Not brains but production workers to be missing in Czech Rep
December 15, 2009 | 12:37am CEToriginalTo educate employees and invest in them pays off nowadays because people do not leave companies but managers…
read moreEdmunds.com: Nearly 80% of cars sold in US would have been sold even without scrap bonus
December 15, 2009 | 12:20am CEToriginalThe United States thus spent USD 24,000 (CZK 430,000) for one additional car sold during the scrappage scheme. Ford Motor agrees but adds…
read moreThreat of strike in Hyundai’s Czech plant grows, trade unions want to solve situation at global level
December 14, 2009 | 11:51pm CEToriginalThe trade unions want to appeal to the KOVO global trade union association, the OECD and both carmaker Hyundai and its trade unions in Korea…
read moreZliner’s new owner focuses on buses, sales of passenger cars to be subdued
December 14, 2009 | 01:14am CEToriginalZliner is an independent dealer of Toyota, Lexus and Daihatsu cars currently; its showroom in Zlin will probably be for sale in the future...
read moreCzech Insurance Association works on methodology of assessment of fault sharing
December 13, 2009 | 11:54pm CEToriginalIt has been inspired by the Czech Republic and foreign countries as well. A catalogue of standardized cases of shared fault with a specific share could be ready in...
read moreBankruptcy of US airbag producer Global Safety Textiles (GST) has consequences in Czech Rep too
December 13, 2009 | 11:49pm CEToriginalCzech plant in Jevicko will terminate its activity by April, 2010 and will dismiss 350 employees. Its controling company ITG, or more precisely Wilbur Ross is now looking for a buyer for GST…
read moreInfiniti during 2010-2012: From petrol through diesel and hybrid to electric cars
December 13, 2009 | 11:36pm CEToriginalThe models for US market will be introduced in Europe as well. The Infiniti M and Infiniti QX will be introduced as new generations in 2010; hybrids and electric cars later on…
read morePeugeot 3008: Exceeding of this year’s sales aim in Europe and Czech Rep also by 15%
December 13, 2009 | 11:16pm CEToriginalThe carmaker registers 50,000 orders after six months and increases production in Sochaux. Shares of the particular motorizations, equipment versions and plan for the year 2010…
read moreCetelem: Demand for Allianz travel insurance bigger than for automobile insurance in Czech hypermarkets of Globus
December 13, 2009 | 11:07pm CEToriginalThere were the most active customers in Chomutov and Prague, where the largest number of insurance contracts was concluded in hypermarket…
read moreFord examines capabilities of wood during production of car components
December 13, 2009 | 10:53pm CEToriginalThe combination of wood and plastics does not absorb damp. The material can thus be used in the interior and engine area. However, the problem still remains…
read moreHalfords opened its shop with fast service in Borska Pole, Plzen, second one in city
December 13, 2009 | 10:32pm CEToriginalTotally, it is the sixth branch in the Czech Republic. An analysis carried out by Halfords shows that in case of several price levels of products, customers decide for...
read moreCP: Sales of car insurance through Internet and phone grows by more than 50% yearly
December 13, 2009 | 06:35pm CEToriginalThe volume of policies arranged on-line and insurance settled in the Czech Republic is still growing, according to advisory company KPMG…
read moreVAST to gain full control over both Chinese joint ventures in Shanghai and Fuzhou
December 13, 2009 | 06:12pm CEToriginalPartners of an alliance of VAST, Witte Automotive, Strattec Security and Adac Automotive will thus reinforce their position on Chinese market…
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