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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
Summer organizational and personnel changes in Toyota Motor Czech affected Lexus division as well
November 5, 2009 | 08:50pm CEToriginalThe changes affected the positions of marketing manager and Lexus dealer network in the Czech Republic and Slovakia. Particularly…
read moreAbout 2 million new tires sold in Czech Rep annually, 300,000 retreaded tires out of that
November 5, 2009 | 08:31pm CEToriginalThe Czech Republic though lags in re-using used tires when 85% tires are recycled in EU15 while in new EU member countries…
read moreHyundai to sign up 700 people for a second shift in Nosovice
November 5, 2009 | 07:58pm CEToriginalThe plant initiated production of model Kia Venga this week. The small MPV with start-stop system and a seven-year warranty will start being sold in the Czech Republic in…
read moreNissan offers a range of discounts for passenger and commercial vehicles in Czech Rep by end of year
November 5, 2009 | 04:45pm CEToriginalThe biggest discount is allowed for model Qashqai which is available along with financing from company Santander from CZK 349,900. More discounts…
read moreDaimler started building a new plant producing Mercedes-Benz A and B class cars in Hungary
November 5, 2009 | 04:10pm CEToriginalThe German carmaker will invest EUR 800 million there and hundreds of millions of Euros more in increasing production in German plant in…
read moreAfter Honda and BMW also Toyota to pull out of Formula 1
November 5, 2009 | 03:46pm CEToriginalAfter Toyota withdraws from the contest, only three carmakers will remain in F1—Ferrari, Mercedes-Benz and Renault. Another one to quit in Formula 1 is tire producer…
read moreSales of new passenger and light commercial vehicles in Czech Rep fell by 15.5 % in October
November 5, 2009 | 02:51pm CEToriginalFrom January to October, the registrations fell by 14% y/y. Considering the passenger cars only, there have been registered...
read moreVolkswagen offers Golf and Golf Plus with 0% interest in availing of lease or credit from SkoFIN
November 5, 2009 | 02:11pm CEToriginalThis special offer stands for savings of CZK 40,000 up to CZK 60,000. Further allowance is possible to acquire in purchasing action packets…
read moreCancellation of Opel sale angers Germany and Russia, pleases Britain though
November 5, 2009 | 12:37pm CEToriginalOpel’s German employees have announced plans for industrial actions. German government will call for GM to repay a bridging loan…
read moreGoodyear Dunlop Tires wants to open 200 Premio car service shops in Czech Rep, Slovakia and Hungary by 2012
November 4, 2009 | 10:05pm CEToriginalA part of them will fall in a new smaller concept Premio Expres. By three years there will be…
read morePneu Vranik increases production of retread tires in Slusovice, expands abroad
November 4, 2009 | 09:03pm CEToriginalThat refers to truck tires mainly but also to the unique winter tires Green Diamond with carbon silicide granules…
read morePeugeot 607 available with only one engine in Czech Rep
November 4, 2009 | 06:50pm CEToriginalThe motorization 2.2 HDI 16V has been removed from the offer. Therefore, only the version 2.7 HDI (150 kW) remains with its price reduced by CZK 100,000 to…
read moreSales of new cars in Germany up by 24% in October
November 4, 2009 | 12:51pm CEToriginalThe reason is a fading influence of scrap bonuses; money provided for it was spent on September 2. Over the first ten months the sales went up by…
read moreGeneral Motors not to sell German carmaker Opel
November 4, 2009 | 11:21am CEToriginalInstead of the sale GM plans to restructure Opel in the amount of approximately EUR 3 billion. The US company gave reasons for its decision…
read moreIIR holds conference Insurance Business in CZ & SK in Prague in late November
November 4, 2009 | 10:54am CEToriginalThe sixth year of the event has a separate block dealing with non-life insurance; the conference is complemented with two workshops. Speakers at the conference…
read moreSubaru to sell about 1,000 cars in Czech Rep this year, awaiting a downturn by 10% in 2010
November 3, 2009 | 10:08pm CEToriginalSales of Subaru fell by 14% in Q1-3 the same way as the market did. Next year, sales of the all-new Legacy/Outback should reach…
read moreBritish labour unions agreed with Magna on keeping two local plants of Opel
November 3, 2009 | 09:44pm CEToriginalUp to 600 work places will be cancelled. In Spain discussions of Magna with labour unions went bankrupt though...
read moreSales of passenger cars in China up by 83.6% in September, by 41.9% in Q1-3
November 3, 2009 | 09:09pm CEToriginalSales of all cars reached 9.66 million in Q1-3. Particular producers or more precisely joint ventures of Chinese and foreign carmakers delivered...
read moreDomansky holds advantageous service Saturdays in Zdiby near Prague every two weeks
November 3, 2009 | 05:50pm CEToriginalThe advantageous rates apply to diagnosis and geometry, purchasing new tires and changing the old ones. Selected service acts are free of charge…
read moreCSOB Pojistovna: The highest risk of car accidents still in Prague, Northern Bohemia gaining on capital
November 3, 2009 | 05:07pm CEToriginalOn the other hand, drivers in Eastern Bohemia and Vysocina can feel the safest on roads on a long term basis. In separate regions…
read moreToyota RAV4 Active: New equipment level with price allowance of CZK 59,000
November 3, 2009 | 04:28pm CEToriginalRAV4 Active is available with two engines and two transmissions. The action offer is valid until the end of the year; prices of particular versions…
read moreStart-stop and energy recovery to get into three Skoda models in 2010
November 2, 2009 | 10:29pm CEToriginalFirst model with these systems will be Fabia facelift. Further on, the start-stop system and energy recovery will be included within eco-range GreenLine in models…
read moreHydro to run production near Stribro in Czech Rep, rented a part of a hall there
November 2, 2009 | 09:19pm CEToriginalThe company is now working on running production for upcoming Audi model. Hydro Automotive Structures has rented an area in project…
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: Car production in Czech Rep to stagnate in 2009, maybe to grow slightly
November 2, 2009 | 08:14pm CEToriginalThe reason of lowering the outlook will mainly be lower production of carmaker Hyundai in Nosovice. In separate automotive segments…
read moreGerman dealers luring Czech customers in borderland to buy a car or service
November 2, 2009 | 07:38pm CEToriginalThey are luring them by ecological price allowance, seven-year warranty or service inspections free of charge. The dealers are for instance…
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