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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
Crown syndicate to bid for carmaker Volvo Car this week
November 23, 2009 | 12:13pm CEToriginalFord has already been negotiation a sale of Swedish divions with the syndicate led by Chinese company Geely, which is offering Volvo...
read moremmotion09: Super sports cars Ferrari and Maserati also to arrive at show
November 23, 2009 | 11:23am CEToriginalSimultaneously with mmotion, art & interior exhibition and brand new MediArt fair of plastic and aesthetic surgery will be held. At mmotion09 Scuderia Praha will be showing cars...
read moreNo scrap bonus in Czech Rep probably, CSSD backing out of it, government not planning it
November 23, 2009 | 10:23am CEToriginalThe Automotive Industry Association opposes with necessary steps to speeding up renewal of car fleet with respect to ecology and traffic safety again…
read moreSkoda Auto suspended some new projects, some of them to fall behind
November 22, 2009 | 06:43pm CEToriginalThe priority is to produce cheap and low-cost models now. A cheap middle class sedan will arrive after a mini car from Bratislava whereas the Octavia third generation and MPV will fall behind…
read moreJaguar Land Rover to choose a new importer for Czech Rep by end of January 2010
November 22, 2009 | 05:38pm CEToriginalEven though A.M.T. Moravia with showrooms in Brno and Ostrava has been insolvent, the sale in the Kolbenova Street in Prague has been converted to a new company…
read moreDomansky terminated sales of Mitsubishi cars in Zdiby near Prague
November 22, 2009 | 04:45pm CEToriginalHowever, the company remains an authorized service partner of Mitsubishi. The reason of the end of cooperation is…
read moreNew car sales in Czech Rep exceeded import of used cars from abroad after five years again
November 22, 2009 | 03:10pm CEToriginalEven though car prices went down by 40% y/y, sales are still falling down. Small local showrooms are the worst off…
read moreIIR holds conference HR Managers’ Meeting 2009
November 22, 2009 | 01:25pm CEToriginalThe 12th year of the event has also a separate block of financial sector and production sphere. Representatives of insurance and automotive companies will also be speaking there...
read moreTire producer Michelin plans to expand in Russia
November 22, 2009 | 11:28am CEToriginalIf Russian market revives in a year, Michelin will initiate projects for increasing capacity markedly and for expansion of distribution network…
read moreGeneral Motors wants to keep all plants of carmaker Opel
November 22, 2009 | 10:41am CEToriginalHowever, reduction of production capacities will occur and up to 10,000 jobs will be cut. GM will introduce a restructuring plan for Opel in…
read moreSupervisory boards of Volkswagen and Porsche approved details of merging the carmakers
November 22, 2009 | 09:39am CEToriginalVolkswagen repeated that it would buy a 49.9% share in Porsche by the end of this year for…
read moreSantander leaves automobile financing in Central Europe, shifts interest to South America
November 20, 2009 | 02:27am CEToriginalAfter having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
read moreA.Charouz: We do not intend to cut current jobs within the group centrally
November 20, 2009 | 01:47am CET, updatedoriginalThe company has thus contravened an information of Autofox saying the group intends to cut 15% of jobs during November, 2009 until February, 2010...
read moreHyundai: Scrap bonus CZK 30,000 to be last time extended in Czech Rep till end of year
November 20, 2009 | 01:22am CEToriginalAt present, the scrap premium applies to 400 stock cars i10, i20 and i30. The basic price of each car has thus reduced to...
read moreVolkswagen increased sales by 11.1% in October, Skoda Auto by as many as 33%
November 20, 2009 | 12:57am CEToriginalThe y/y decline in sales of Auto Skoda was only 1.7% over ten months of this year. The Czech carmaker has already surpassed the limit of 100,000 sold cars in China. Particular models…
read moreFleetCor intend to expand fleet management in Europe, buying Czech company CarNet
November 19, 2009 | 09:15pm CEToriginalThe existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
read moreTwo showrooms Audi Terminal to be opened in Prague Q1 2010
November 19, 2009 | 05:36pm CEToriginalThe second and third Audi Terminal in the Czech Republic, bringing service zone pit-lane, aluminium bodywork repairs and a separate sale of used cars, will be opened by dealers...
read moreToyota Motor wants to have all its models with plug-in hybrid drive by 2020
November 19, 2009 | 04:32pm CEToriginalSome Toyota and Lexus models will be fully electric. Toyota Prius plug-in and Lexus IS plug-in will come into the market in…
read moreA. Charouz expands in Moravia, bought another dealer in Brno
November 19, 2009 | 03:22pm CEToriginalThe A. Charouz Group has been formed by dealerships in Bohemia for a long time only. After company CARent, another dealer joined the group this year…
read moreLexus plans on a slight growth in car sales in Czech Rep this year
November 19, 2009 | 02:39pm CEToriginalSales of Lexus in the Czech Republic have held a stable position of over 250 cars in recent years. Extending the number of selling points in Czech and Slovak markets…
read moreReilly: GM to cut up to 10,000 job in Europe and plans to reduce production capacity by up to 25%
November 19, 2009 | 01:30pm CEToriginalTherefore, one fifth of the total number of Opel’s employees would lose their jobs. The European Commission arranged a meeting on Monday…
read morePetr Kohout left Essox to develop activities of affiliated company in Vietnam
November 16, 2009 | 08:30pm CEToriginalSociete Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
read moreCCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up
November 16, 2009 | 07:30pm CEToriginalPetrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
read moreAAA Auto: Over 62% of used cars bought on weekends this year, 47% of sales fall on weekends last year
November 16, 2009 | 06:30pm CEToriginalAccording to AAA Auto, people also visit used car shops in the evenings on weekdays more. However, clients choose the cars on the web during the working time…
read moreCar sales in Europe up by 11.2% in October, down by 5% over ten months
November 16, 2009 | 05:29pm CEToriginalOctober sales in Western Europe went up by 15.8% but went down by 36.9% in Eastern Europe. The exception was the Czech Republic…
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