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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
Original reports Autofox
Indian electric car manufacturer Reva aims to build plant in Europe, Slovakia being considered
March 15, 2010 | 03:03am CEToriginalA capacity of the currently built plant in India, two models NXR and NXG, rental of the lead acid or Li-ion batteries, prices and dealer network in Europe...
read moreMatula (UniCredit Leasing): February and March show slight recovery in car segment
March 15, 2010 | 02:50am CEToriginalThe company expects growth in operating leases this year and wants to offer it to private individuals. It will deepen cooperation with the bank...
read moreLouwman started Ford cars’ sale in Czech Rep, reopening this brand’s showroom in Pribram
March 15, 2010 | 02:13am CEToriginalIt is the first activity of the company Louwman regarding the Ford brand in Europe. The navigation to selected models for free, spring service action...
read moreOpel used non-standard marketing tool - web attacked by hacker in Czech Rep
March 15, 2010 | 01:58am CEToriginalIn this way, the company launched the action model Corsa 111 onto the market. The campaign increased traffic of the website Opel.cz instantly by...
read moreCSOB Pojistovna: Number of claims in non-life insurance increased by 5% in 2009
March 15, 2010 | 01:42am CEToriginalThe largest part has been created by damages from the motor insurance, namely 55%. The course of the number of claims corresponds with the statistics of insurance frauds...
read moreVolkswagen’s net profit down by 80.6% in 2009, at revenues decline by 7.6%
March 15, 2010 | 01:20am CEToriginalIn 2010, the carmaker expects a growth of sales, revenues and operating profit. The global market will grow slightly this year, to the level before the crisis it is going to get in…
read mores Autoleasing started to offer financial leasing with residual value
March 15, 2010 | 01:00am CEToriginalThe company is therefore responding to the decline in interest in finance leases. Advantages of the residual value and possibilities of product parameters’ choosing…
read moreFiat offers selected models with free air conditioning in Czech Rep, scrap bonus extended to end of March
March 15, 2010 | 12:47am CEToriginalThe scrap bonus of CZK 12,000 to CZK 50,000 can be applied to seven models. Panda, Punto, Linea and Bravo with an air conditioning included are available from…
read moreNumber of road accidents reported to Generali grew more slowly than amount of their losses in 2009
March 15, 2010 | 12:35am CEToriginalInsured losses of vehicles with a damage to and over CZK 100,000, the proportion of damage liability and accident insurance, results in different regions...
read moreAuto - Promato opened new showroom in Ceske Budejovice
March 11, 2010 | 10:25pm CEToriginalThe company moved the sale there from a different place in the city. The company offers new and used cars in particular of the brands Audi, BMW, Mercedes-Benz and Volkswagen…
read moreCredium concluded 11,779 new contracts in 2009, branded financing constituted 20% of contracts
March 11, 2010 | 10:00pm CEToriginalThe company, focusing on financing of vehicles, increased penetration of the Fiat Group brands. The structure of segments, financial products, customers, car brands...
read moreUniCredit Leasing concluded 16,300 contracts on financing of vehicles under 3.5 tonnes in Czech Rep in 2009
March 11, 2010 | 08:44pm CEToriginalThe share of contracts resulting from branded funding exceeded 60%; six cooperation agreements were added. Loan financing strengthened further on...
read moreHavex continues to expand in Czech Rep, took over another dealer
March 11, 2010 | 02:46am CEToriginalHavex has had seven Skoda showrooms in eastern Bohemia so far and has now acquired stake in a car dealer of other brands and outside the region…
read moreAfter power companies electric cars to be tested also by leasing companies
March 11, 2010 | 02:24am CEToriginalCitroen has already had several orders for its electric car C-Zero, its market introduction is planned in Q4 2010...
read moreAutosalon Klokocka started selling Audi cars in Prague 6, to open Audi Terminal in May
March 11, 2010 | 01:46am CEToriginalThe new Audi showroom grew up within the complex in Repy. The company will also offer Audi Exclusive transportation services...
read moreFord wanted to offer CNG cars in Czech Rep, then let dealers do it
March 9, 2010 | 11:02pm CEToriginalThis activity was taken over by the company A. Charouz, which offers conversion to CNG drive of the models Transit, Focus C-Max and Mondeo. Specifications and prices...
read morePrices of cars sold on Czech market dropped by 2.8% m/m in February
March 9, 2010 | 10:49pm CEToriginalUsed cars marked the price down more than the new ones. Prices of spare parts fell only slightly, service works have stagnated. Details...
read moreOpel 24 hours: During weekend event 492 cars have been sold in Czech Rep
March 9, 2010 | 10:13pm CEToriginalIt is more than last year, but less than in 2008. Long-time leader of the campaign Auto Staiger has been surpassed by BS Auto this year. Detailed results...
read moreDomansky acquired authorized Skoda service centre for premises in Zdiby near Prague
March 9, 2010 | 09:54pm CEToriginalThe company is therefore selling four brands in Zdiby and provides service works for other two. This branch is not going to undergo further changes...
read moreGENEVA: Valmet Automotive started pre-series production of Fisker Karma, orders increasing
March 9, 2010 | 03:29am CEToriginalProduction for customers will begin in late 2010, its beginning and deliveries is therefore delayed. The production of Karma Sunset and Nina will start in the USA in...
read moreInvelt opened new Mini showroom in Stodulky, Prague 5
March 9, 2010 | 03:05am CEToriginalAt the same time, the company has become a Volkswagen dealer and the end of 2010 will open a newly built showroom for this brand in Plzen…
read moreCEZ to be first owner of electric cars Peugeot iOn and Citroen C-Zero in Czech Rep
March 9, 2010 | 02:34am CEToriginalOn the contrary, CEZ is not planning further purchases of electric vehicles from companies performing conversions to electric cars, such as Micro-Vett...
read moreMitterwald (LeasePlan): Operating lease market in Czech Rep to stagnate in 2010
March 9, 2010 | 02:02am CEToriginalMany companies, according to Mitterwald, are extending existing contracts for operating leases in times of the crisis instead of purchasing new cars...
read moreVeronika Jakubcova left Hyundai Motor Czech
March 8, 2010 | 11:57pm CEToriginalShe worked in the company Hyundai for eight years, including the previous importer AutoBinck Holding. No successor has been established yet. The reason for leaving is...
read moreInsurance company Direct offers free two-month car insurance in March
March 8, 2010 | 11:38pm CEToriginalFor those interested in the action offer with the commitment for another insurance company, Direct offers the possibility of postponing the beginning of insurance for up to five months...
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