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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
Precision Tune Auto Care plans to expand in CEE, Czech Rep to be pilot country in region
March 1, 2010 | 07:59am CEToriginalThe franchise network of service stations is also interested in Asia and Africa. Consulting company for entry into CEE has been conducting negotiations in other countries...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Volkswagen to invest EUR 500 to 600 million in Slovakia between 2009 and 2011
March 1, 2010 | 07:47am CEToriginalOne half will go to the new model range. In 2012, the production capacity in Bratislava will rise from the current 1,200 cars/day to...
read moreHyundai expects annual growth of C-SUV segment by 10% in Europe
March 1, 2010 | 12:51am CEToriginalHyundai ix35 intends to benefit from it and follow up the success of Tucson. Sales plans in Europe and in the Czech Republic...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: TPCA expects production growth in 2010
March 1, 2010 | 12:34am CEToriginalThe company increased its production capacity, accelerated the tact time, and is also able to cover the increased demand from parent carmakers by extra shifts...
read moreLeasePlan considers to offer CarWatch application outside the circle of their clients too
March 1, 2010 | 12:12am CEToriginalThe electronic book can save up to 30% of the costs of company vehicles, according to the company. Features and options of the CarWatch...
read moreCSOB Pojistovna: Risk of traffic accident up the most in Usti Region in 2009
February 28, 2010 | 11:18pm CEToriginalOut of the high-risk districts, Prague-West and Brno bettered; low-risk districts were also better. Total Czech Republic average in 2009...
read moreCredium: Credit card for motorists acquired by 10,000 customers in two years’ time
February 28, 2010 | 10:31pm CEToriginalCredium is extending the benefits and loyalty card program, cooperating with companies EuroOil, Defend, ACA, Sixt, Czechocar, Molpir or GPD Service Team...
read moreFort (Hyundai): We aim to move one brand forward every year and to become leader among Czech importers in 2012
February 24, 2010 | 10:14pm CEToriginalIn 2010, Hyundai plans to increase sales by a third and market share by 2 percentage points. This year, the entire Czech market should fall by...
read moreSpyker Cars completed purchase of Saab from General Motors
February 24, 2010 | 09:39pm CEToriginalAt the same time Saab applied to end liquidation process. Saab and Spyker will operate under the parent company Spyker Cars NV. For shareholders in Spyker this means…
read moreCSOB Leasing concluded 600 contracts on short financial leasing for CZK 450 million so far
February 24, 2010 | 09:06pm CEToriginalThe company has reached this objective over seven months. However, the government exception is about to expire…
read moreHyundai in Europe: Four new models in 2010, even six in 2011
February 24, 2010 | 01:21am CEToriginalThis year, it will be after ix35 a Santa Fe facelift, a car of the B-MPV segment and Genesis Coupe. Next year, the new Elantra, Matrix and Sonata, which will get an estate version...
read moreRenault Laguna: Discount of up to CZK 120,000 and extended warranty for 5 years witn funding
February 23, 2010 | 11:19pm CEToriginalDiscounts up to CZK 50,000, extended warranty free or financing with 0% interest can be still acquired for other Renault and Dacia models. Laguna is now starting at...
read moreNissan Finance: Micra and Note with discount of up to CZK 27,000 and financing with 0% interest
February 23, 2010 | 10:47pm CEToriginalLease or loan with 0% increase is also available for the 370Z sports model. This special offer has pushed the prices of models to...
read moreHyundai to start third model’s production in Nosovice few months earlier, in autumn 2010
February 23, 2010 | 04:10am CEToriginalHyundai Motor Manufacturing Czech has been stating 2011 so far. The date of production’s start as well as the name of the model...
read moreGenerali included coverage of animal crash risk to damage liability
February 23, 2010 | 03:57am CEToriginalThat kind of coverage has been the prerogative of accident insurance so far. The insurance company will offer the animal crash in a new variant Komplet...
read moreInsurance company Direct started providing handbag insurance to car insurance for free
February 23, 2010 | 03:08am CEToriginalThe handbag’s insurance applies to situations that happen to women in the car. Limit of indemnity, participation, territorial force...
read moreHyundai ix35: Carmaker’s first model with 3x5 guarantee program in Europe
February 23, 2010 | 02:51am CEToriginalThe car comes into the Czech market with two engines; three more will be added in the autumn with start-stop system. Prices, gearboxes, 5 Years Triple Care program...
read moreMVC Automotive Group expands in Europe, to build multi-brand sales and service complex in Czech Rep
February 22, 2010 | 04:16am CEToriginalConstruction of the car centre will begin in 2010, opening is planned for 2011. The site, offered car brands, sales plans...
read moreSkoda Auto expects car production decrease in Mlada Boleslav in 2010, but growth in Kvasiny
February 22, 2010 | 03:54am CEToriginalCurrent and planned production of individual models; Fabia Scout hatchback, Fabia RS, Roomster facelift, Octavia Tour...
read moreHouse of England plans to extend portfolio of British brands offered
February 22, 2010 | 03:31am CEToriginalNow the company offers eight brands and is negotiating on two others. At the same time, the company seeks to obtain authorized service of two brands...
read moreGroup of several Czech dealers and importers PMG Finance broke up
February 22, 2010 | 03:06am CEToriginalThe fate of individual companies and their activities - AuTec Group, A.M.T. Moravia, A.M.T. Group, A.M.T. mobil, DyCom Group, A.M.T. Defense/AmTec Defense...
read moreHouse of England took over activities of A.M.T. Moravia in Brno and expanded range of brands
February 19, 2010 | 02:32am CEToriginalThe company will specialize in British brands. The current offer of eight brands and premium services free of charge...
read moreKia to support company sales by Kia Fleet network with extra services in Czech Rep
February 19, 2010 | 02:24am CEToriginalScope of provided services, 20 dealers participating in the project, an advantage for public service, businessmen and others...
read moreAuto Esa launched website focusing on Skoda cars
February 18, 2010 | 03:09am CEToriginalThe company launched a project targeting the brand with the greatest interest of Czech drivers. Current visit rate of the website Skodovky.cz and daily specials...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Plastika negotiates investor's entry into company
February 17, 2010 | 04:17am CEToriginalGenerally, Tier 2 suppliers’ consolidation is underway at the moment, Tier 1 suppliers consider whom to retain. Plastika returned to profit in 2009...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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