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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
Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433 batteries for Škoda Octavia, Superb, VW Arteon, Passat, Golf, Tiguan, Multivan, Audi A3, Q3, Q4, SEAT/Cupra Leon, Formentor, Tarraco in 2019-2024; daily production capacity of 850-900 units) in Mladá Boleslav, Czechia in April, production of second generation of batteries with higher capacity and range of over 100 km (for PHEVs including Škoda Superb iV, Kodiaq iV) taken over by Volkswagen plant in Braunschweig, Germany. In released hall, Škoda Auto to install 3rd line for high-voltage traction batteries for battery electric vehicles (MEB+, assembly from cells using Cell-to-Pack technology), complementing adjacent 2 lines (GS3.1+GS3.2, MEB, assembly from LG and CATL modules, daily capacity 1520/1020+500 units for BEVs including Škoda Enyaq, Enyaq Coupé, VW ID.4, ID.5, Audi Q4 e-Tron, Ford Explorer)
October 15, 2024 | 03:21pm CETflashread more
National Development Bank (NRB) accepted applications for 5,468 electric vehicles in Czechia during six and half months (29 weeks, March 18 – October 3) 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). Greatest interest is in Tesla cars (2,449 vehicles), followed by Volvo (503), Volkswagen (472), Škoda (444), BMW (273), MG (255), Hyundai (142), Mercedes (140), Kia (100), SsangYong (91), Toyota (87), Renault (76), Ford (62), BYD (55), Dacia (52), Peugeot (43), Citroën (40), Fiat (40), Mini (35) and others (168)
October 15, 2024 | 03:04pm CETflashread more
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive industry, other industries with 5,200 employees in Germany, Italy, China, USA, Vietnam; more than 130 tapes for electric cars; sales of EUR 1.7 billion in 2023) started preparing with Hamburger Energienetze (formerly Gasnetz Hamburg) connection of plant in Hamburg-Hausbruch, Germany (500 employees) to hydrogen network HH-WIN (Hamburger Wassertsund-Industrie-Netz/Hamburg Hydrogen Industrial Network) with aim of manufacturing first adhesive tapes using green hydrogen in 2027, save around 6,000 metric tons of CO2 emissions caused by production each year, completely replace natural gas by 2030. Company to invest approximately EUR 300 million in decarbonization in coming years to achieve climate-neutral production by 2030 (2023: -38% compared to 2018), reduce indirect supply chain emissions by at least 20% (2023: -15%). Since 2020, Tesa has been purchasing 100% of electricity from renewable sources and is increasingly relying on its own production by building photovoltaic (PV) power plants, latest solar park in Offenburg, Germany to cover around 25% of site's electricity requirements from 2025
October 14, 2024 | 02:56pm CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 40,000 units from 11.51 million (-0.4%) to 11.47 million (-0.8%)
October 14, 2024 | 02:52pm CETflashread more
Aures Holdings (AAA Auto, Mototechna, Auto Diskont, Driverama) sold 9,266 used vehicles in September, 29,271 units in Q3 (+11%), record 83,219 cars and vans in Q1-3 (+11%; HEVs +73%, 602 BEVs +166%). Group currently sells over 320 vehicles per day, expecting to sell up to 110,000 cars in 2024 (+12%) based on current trend
October 14, 2024 | 02:47pm CETflashread more
The Extra Mile by Equip Auto 2024: Equip'Auto SAS to hold conference on automotive aftersales, services in Paris, France on October 16. Representatives of BMW Group, Renault Group, Stellantis, Continental Automotive, Forvia, Valeo, Allianz, Capgemini, Inovev, LKQ, Mobilians, Orsay Consulting, Solera, FIEV, FIGIEFA, France AutoTech, PFA to speak at event
October 11, 2024 | 10:57am CETflashread more
Usage in the company
Two top executives of Mitsubishi Motors quit their jobs
May 18, 2016 | 11:46pm CEToriginalThe reason is the affair with the manipulations of data on fuel consumption. Managers and their positions, approval of shareholders, successors, scandal explanation...
read moreTukas Group to expand portfolio with three new brands
May 18, 2016 | 03:42am CEToriginalThe Group will thus operate dealerships of seven brands. Details, 25th anniversary, the launch of a mobile app, current and planned features...
read moreDieselgate: Norwegian state pension fund wants to sue Volkswagen
May 18, 2016 | 03:27am CEToriginalThe reason is the decline in share value of the fund, which it holds in the carmaker. The share and its value, the fund profile...
read moreACEA: Car sales in EU rose by 9.1% in April
May 18, 2016 | 03:14am CEToriginalThe best result since April 2008, market growth 32 months in a row, the results in individual countries, sales of carmakers, registrations of the Volkswagen Group, comments by IHS Automotive and CSOB...
read moreDieselgate: South Korea accused Nissan of handling emissions, automaker refused it
May 16, 2016 | 11:49pm CEToriginalIt is the result of tests of 20 models of diesel cars in the country. The affected models, the number of cars, the amount of fines, prosecution of the local branch head...
read moreDieselgate: Volkswagen launched recall action in Czech Rep
May 16, 2016 | 11:28pm CEToriginalAffected models and the number of cars in the first wave, delay, details of voluntary service action, the possibility of getting a spare car, cooperation with the Ministry of Transport, the next wave…
read moreEmil Frey expands in Europe with several brands
May 15, 2016 | 11:28pm CEToriginalThe expansion relates to the distribution and retail. The carmakers concerned, car, truck and bus brands, companies, locations, timing...
read moreLMC Automotive: Car sales in Western Europe up by 8% in April
May 15, 2016 | 11:03pm CEToriginalAcceleration of the growth pace and slowdown after adjusting the influence of working days, registrations on the biggest markets...
read moreDieselgate: Germany summoned Opel and Fiat before commission of inquiry
May 15, 2016 | 10:48pm CEToriginalThe reason is the emission results provided by KBA and Deutsche Umwelthilfe. The timing, affected models...
read moreGhosn to take Mitsubishi Motors in Renault-Nissan alliance
May 12, 2016 | 11:30pm CEToriginalThe new alliance between the Japanese carmakers, acquiring a significant stake at Mitsubishi Motors, synergies in R&D, manufacturing, logistics and sales, personnel changes...
read moreUnions demand wage increases in companies associated with Skoda Auto as well
May 12, 2016 | 11:09pm CEToriginalThose are HR agencies, suppliers of certain services or schools. The parties concerned, Charter of Supplier Relationships, some requirements of the carmaker...
read moreEarthquake in Japan halted production at several automotive plants
May 12, 2016 | 10:42pm CEToriginalThe reason is not only the damage to the facilities, but also the interruption of the supply chain. Locations, carmakers and suppliers, damaged infrastructure...
read moreRolls-Royce Motor Cars Financial Services: UniCredit Leasing started to provide branded financing of Rolls-Royce cars in Czech Rep
May 11, 2016 | 11:20pm CEToriginalThe offered models and financial products, expansion of cooperation with the BMW Group, example, competence with luxury car brands...
read moreCSU: Car prices in Czech Rep fell m/m in April 2016
May 11, 2016 | 10:55pm CEToriginalDifferent development of new and used cars, more expensive motorcycles, cheaper servicing and spare parts, detailed data, the y/y development...
read moreNissan reportedly talks about stake takeover in Mitsubishi Motors
May 11, 2016 | 10:44pm CEToriginalIt would thus become the largest shareholder of the Japanese automaker now facing the consumption scandal, which it has pointed out. The alleged size of the stake and its price, the stage of negotiations...
read morePorsche Holding Salzburg increased revenues in 2015 by 10.2% and car sales by 6.9%
May 11, 2016 | 03:17am CEToriginalNew and used vehicles, distribution and retail, HR, expansion of its activities in South America, including Skoda, results of the Czech branch...
read moreFCA agreed to cooperate with Google
May 11, 2016 | 12:10am CEToriginalGoogle wants to expand its testing program of self-driving cars with Chrysler vehicles. Owning vs. sharing know-how, prepared guidelines for autonomous vehicles in the United States...
read moreHeizmann: Volkswagen with partners to invest EUR 4 billion in China in 2016
May 10, 2016 | 11:36pm CEToriginalFocus on SUVs and alternative drives, the brands concerned, sales on the Chinese market in 2015, the plan for 2016...
read moreVDA improved 2016 car sales outlook in Germany
May 10, 2016 | 11:21pm CEToriginalThe original and the new estimate, results in April and the first third of the year, registrations of individual brands, including VW and Mitsubishi, production...
read moreDaimler to build plant in Poland
May 10, 2016 | 03:50am CEToriginalThe locations planned in CEE and the winning one, the investment amount, products, HR, timing…
read moreGM to buy Californian start-up dealing with self-driving cars
May 10, 2016 | 12:07am CEToriginalThe company and its profile, the transaction value, the activity of GM and Ford in car sharing and taxi, GM and Lyft alliance...
read moreGermany plans additional tests for CO2 emissions
May 9, 2016 | 11:56pm CEToriginalThe information comes shortly after Mitsubishi Motors admitted handling the fuel consumption tests. Clues, investigation of the Dieselgate...
read moreSkoda Auto to take on 2,000 new employees in 2016
May 9, 2016 | 05:26am CEToriginalIt also offers jobs to OKD miners. The locations and positions concerned, the cooperation with the Labour Office and the Ministry of Labour and Social Affairs, the staffing situation in 2015...
read moreJuricek: Automotive suppliers offer OKD miners over 1,000 jobs
May 9, 2016 | 05:12am CEToriginalThe positions, companies and locations concerned, activity of the Moravian-Silesian Automotive Cluster, retraining, the offer of recruitment agency Wincott People and its clients...
read moreNissan to increase Qashqai production in Europe
May 6, 2016 | 02:26am CEToriginalLocation, the investment amount, timing, current daily production of the crossover, vehicle production on CMF-B and CMF-C platforms, the development of autonomous control, Piloted Drive 1.0...
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