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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
CKP: Introduction of contribution of uninsured car owners to guarantee fund successful
December 13, 2009 | 05:46pm CEToriginalThe number of cars removed from car register in the Czech Republic is growing, the number of uninsured cars is declining as well as the number of accidents caused by uninsured cars which declined by…
read moreManagement of Hyundai’s Czech plant cancelled all overtime in December
December 11, 2009 | 02:24pm CEToriginalNevertheless, the company wants to agree with trade unions on this year’s one Saturday shift on December 19 so that there would be two shifts and employees would receive a bonus for them…
read moreSkoda Auto to reduce Fabia production from five to four days a week and Roomster to be reduced from 150 to 120 cars a day in Q1
December 11, 2009 | 10:35am CEToriginalEmployees will compensate the deficit during the year on extra shifts within time accounts…
read moreCar of the Year of Motorist Journalists’ Club 2010 becomes Skoda Yeti
December 11, 2009 | 09:56am CEToriginalThe Opel Astra (164 points), Mercecedes-Benz E (143 points), BMW X1 (136 points) and Volkswagen Polo (134 points) follow. Yeti has already gained other awards…
read moreEngine 1.2 TSI (77 kW): Production for 2009 and 2010 in Czech Rep only, from 2011 in Germany too
December 10, 2009 | 10:38pm CEToriginalThe engine is available in the Skoda Yeti and Volkswagen Golf in the meantime. Along with an assembly into other VW Group models, its production will grow next year…
read moreVolkswagen to take over 19.9% of carmaker Suzuki for USD 2.5 billion
December 10, 2009 | 09:29pm CEToriginalThe German company is reportedly interested in increasing the share even over the controlling level of one third. The carmaker will invest up to a half of the revenues from the sale of Suzuki’s stock in…
read moreWages in Jihlava-based plant of Bosch Diesel to go up by CZK 300 from July, 2010
December 10, 2009 | 08:18pm CEToriginalTrade unions acquired a promise of other benefits in collective negotiations; some requirements were not carried through on the contrary…
read moreMann+Hummel introduces production of new particulate filter for diesel engines
December 10, 2009 | 07:07pm CEToriginalThe new DPF has an increased capacity for catching carbon particles, provides integration of other functions and in addition, it is possible to reach CO2 emissions reductions…
read moreSales of passenger cars in China doubled to 1.04 million in November
December 10, 2009 | 06:51pm CEToriginalGM’s sales went up by 109.5%, sales of Mercedes-Benz by 224%. Over this year…
read moreHead of Allianz pojistovna Miroslav Tacl to resign at year end
December 10, 2009 | 06:32pm CEToriginalThe supervisory board of the insurance company has accepted his resignation; no decision regarding his successor has been taken yet. Members of the board remain…
read moreVolkswagen purchased 49.9% stake in carmaker Porsche for EUR 3.9 billion
December 10, 2009 | 05:56pm CEToriginalPorsche should become Volkswagen’s tenth brands in 2011. The merger will lead to annual savings…
read moreToyota plans to restart production of plants in US and China
December 10, 2009 | 04:59pm CEToriginalThe carmaker will invest EUR 750 million in completion of the plants. Introduction of production and a portfolio of models produced…
read moreAnother investor interested in producer of passenger cars Volvo Car
December 10, 2009 | 04:30pm CEToriginalThe investor is Jakob syndicate composed of Swedish subjects mainly. The group is offering hard cash and is waiting for Ford’s reaction…
read moreCar sales slightly up in US in November
December 10, 2009 | 03:55pm CEToriginalThe largest growth was registered by Hyundai; sales of the three largest carmakers did not change markedly. Sales of economy cars and crossovers were going well…
read moreJapanese carmaker Isuzu Motors to vigorously enter Central Europe
December 9, 2009 | 10:34pm CEToriginalWithin the next two years, the carmaker will open representation offices in the Czech Republic, Slovakia and Hungary. The offer of models and sales and service network…
read moreAuto Esa offers guarantee service for free when buying car in action
December 9, 2009 | 08:38pm CEToriginalThe company has also prepared a series of bonuses when using funding. Guarantee service applies to the first implementation of selected servicing operations...
read moreRussian government and Renault pledged support to carmaker AvtoVAZ
December 9, 2009 | 08:04pm CEToriginalPutin promised over EUR 1 billion on the company’s restructuring. Renault-Nissan alliance will give EUR 300 million for the production of a new Lada model...
read moreEVC Group to offer electric cars and hybrids charged from electrical network
December 8, 2009 | 06:58pm CEToriginalThe company will offer the completely new electric cars Skoda Roomster and Smart, and transformation of a customer’s car only, too. Parametres, prices and plans…
read moreCredium intends to expand in both automotive and non-automotive consumer finance
December 8, 2009 | 06:13pm CEToriginalTo credit cards and installment plans, on-line credits have expanded the offer and other products will be added. In automotive financing…
read moreChina reportedly to continue supporting automotive sector in 2010 as well
December 8, 2009 | 04:54pm CEToriginalTax allowances will be provided for all passenger cars; the allowances will be higher for smaller cars rather than for the larger ones…
read moreGM terminated plan to dismiss 550 employees in Opel’s R&D centre in Russelsheim
December 8, 2009 | 04:12pm CEToriginalAccording to German government, GM does not need any help for Opel. Opel’s employees are prepared to make compromises which could earn GM an annual saving of…
read moreSales of carmaker Toyota Motor up in October for the first time over 15 months
December 8, 2009 | 03:43pm CEToriginalParticularly, the sales went up by 5% to 640,000 cars. In the United States, the sales declined by 3.5%, in Japan and China were growing though…
read moreSuzuki to sell stake in JV in Canada to General Motors
December 8, 2009 | 02:52pm CEToriginalGM will thus have full control over CAMI Automotive. Therefore, the US carmaker will find itself without its Japanese production partner…
read moreTwo subjects interested in Lotus representation in Czech Rep
December 7, 2009 | 11:04pm CEToriginalThose are a Czech person from the field of motor sport and one foreign dealership reportedly. In particular...
read moreAuto Esa tests car auction through Internet
December 7, 2009 | 10:10pm CEToriginalThe auctions are provided on-line and they take place every Tuesday at 3pm. Auto Esa places about 20 cars in the auction being published a day in advance...
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