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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
FRANKFURT: Brno-based trade fairs Autotec and Autosalon to be held jointly in 2010
September 21, 2009 | 07:43pm CEToriginalThe concept has been approved by OICA. According to preliminary information, all the major players on the Czech market are planning to participate. Organizers expect the attendance...
read moreIIR holding special conference Auto 2009 in Prague in early October
September 20, 2009 | 09:19pm CEToriginalThe eighth year of this event subtitled "The prosperity of the Automotive Industry at Risk?“. The conference will be attended by...
read moreLouwman opened new Toyota showroom in Prague 13 - Zlicin
September 18, 2009 | 07:37pm CEToriginalIt is a second Toyota showroom of the company Louwman in the Czech Republic, the other one is in Usti nad Labem. Part of the new showroom is also a used car centre and...
read moreFRANKFURT: Plug-in hybrid manufacturer Fisker to enter Czech Rep in autumn, and Slovakia soon
September 17, 2009 | 11:51pm CEToriginalThe official representation will be announced in the second half of October. Czech partner of the new American carmaker will be...
read moreAvia plans to enter light commercial vehicles’ segment weighing from 1.5 to 6 tons
September 17, 2009 | 11:15pm CEToriginalIt is now manufacturing trucks from 6 to 12 tons. Although the economic crisis is now putting the intention off, Avia seeks a partner for this project...
read moreSrba Servis became authorized Seat dealer
September 17, 2009 | 10:47pm CEToriginalThe company has extended its portfolio of offered brands including Saab, Opel, Chevrolet, Fiat, Alfa Romeo and Volvo. New Seat showroom has been opened by Srba Servis in...
read moreCooperation of Credium and Fiat Group in car financing field spread to Slovakia
September 16, 2009 | 10:33pm CEToriginalThe exclusive cooperation has been running in the Czech Republic since 2007. Financing of vehicles Fiat, Alfa Romeo and Lancia is successful on the Czech market; penetration reaches...
read moreAuTec gradually transforming to Invelt, Pavel Bastar took leading in August
September 14, 2009 | 10:18pm CEToriginalThe company has already ceased the sale of Nissan cars and closed a BMW showroom in Letna, Prague 7. Rebranding will be completed in...
read moreNew Louwman’s Lexus centre in Prague is temporary solution, company to build showroom from scratch
September 14, 2009 | 09:26pm CEToriginalThe current showroom in Prague 5 - Smichov is an adaptation of the existing building and its capacity would not be suitable in future. Louwman is now choosing...
read moreHyundai prepares expansion of transmission production in Nosovice
September 14, 2009 | 07:35pm CEToriginalThe second hall of the transmission operation will have the same capacity as the existing one. This action will require a large part of the planned investment for the next two years...
read moreMann+Hummel expects further expansion of its plant in Czech Rep
September 14, 2009 | 05:50pm CEToriginalConstantly strengthening aftermarket and original spare parts segment as well as new orders from carmakers will quickly fill the production capacity of plant...
read moreCredium became next partner in field of Kia dealer network wholesale financing in Czech Rep
September 14, 2009 | 04:56pm CEToriginalThe company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
read moreLexus began to offer branded financing of its cars in Czech Rep
September 14, 2009 | 02:17pm CEToriginalUnder the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...
read moreAvia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreLouwman began to sell Lexus cars in Czech Rep, opening showroom in Prague 5
September 13, 2009 | 08:31pm CEToriginalThe new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…
read moreCars sold on Czech market became after a month cheaper again in August
September 10, 2009 | 03:40pm CEToriginalIn July, there has been a only year's growth in car prices. In August, new cars’ prices as well as used cars’ prices fell in the m/m comparison. Motorcycles, servicing and spare parts...
read moreCSOB Leasing: Businessmen using short financial leasing
September 9, 2009 | 10:39pm CEToriginalFor a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...
read moreOpel and Chevrolet brands to separate in GM, whatever happens to German carmaker
September 7, 2009 | 11:45pm CEToriginalOpel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...
read moreFormer Opel and Chevrolet showroom in Svitavy to be auctioned for second time in October
September 7, 2009 | 11:19pm CEToriginalThe first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...
read moreCitroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September
September 7, 2009 | 08:57pm CEToriginalWhen using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
read moreRenault began offering secondary manufactured spare parts called Motrio for older cars
September 7, 2009 | 12:59pm CEToriginalWhile maintaining the Renault quality standards, the owner of an older car may significant save the service expenses. Renault also offers remanufactured parts...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreAutobond expands to further city in Czech Rep
September 6, 2009 | 11:42pm CEToriginalAfter a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
read moreSmith Electric to offer electric vehicles Avia also in Central Europe including Czech Rep
September 6, 2009 | 08:59pm CEToriginalThe light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...
read morePassenger car registrations in Czech Rep still slightly growing, other categories noting marked fall
September 4, 2009 | 09:44am CEToriginalSales of new passenger cars went up by 16.3% in August; sales of light commercial vehicles dropped by 76.6%. In total, considering vehicles up to 3.5 t…
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