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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
Usage in the company
Car sales in UK fell by 4.8% in June
July 27, 2017 | 11:57pm CEToriginalThird fall in a row, reasons, demand of consumers and companies, interest in alternative drives, registrations in H1, SMMT's commentary and outlook...
read moreOne manager left AutoMax Group
July 27, 2017 | 12:04am CEToriginalHis profile, position, further direction, successor, company profile and brands represented...
read moreUber to expand cooperation with Axa
July 26, 2017 | 11:45pm CEToriginalBoth companies have been working together in one African country since 2016. Locations, product, timing...
read moreDieselgate: Volkswagen Group cars without software update could lose registration in Germany
July 26, 2017 | 11:22pm CEToriginalAllegedly, it follows from KBA documents. Timing, expressions of automakers and Czech authorities, penetration of modifications in the Czech Republic...
read moreFiat agreed on wage growth in Serbia
July 26, 2017 | 12:17am CEToriginalThe employees of the local plant ended the strike after a month. Agreement details, salary level, country’s GDP outlook for 2017...
read moreAudi faces criticism in China for comparing brides to used cars
July 25, 2017 | 10:33pm CEToriginalIt was created by a joint venture between Volkswagen and a Chinese partner. The carmaker has withdrawn the advertisement and intends to investigate the matter…
read moreDRB-Hicom agreed to sell stakes in Proton and Lotus
July 24, 2017 | 10:44pm CEToriginalThe buyer, the amount of shares, the signing of the contract, other bidders, the expansion to the car markets with right-hand driving, the interest of Chinese automakers in the South-East Asia market...
read moreOne manager to leave Porsche Czech Republic
July 23, 2017 | 11:57pm CEToriginalFor several years, he has led one of the Volkswagen Group brands. His next direction, successor, timing...
read moreEC investigates possible cartels of German carmakers
July 23, 2017 | 11:47pm CEToriginalOne of them has allegedly admitted potential anti-competitive behaviour. Affected companies and parts, form of negotiation of agreements, imminent fines...
read moreMitsubishi Motors gained giant contract for hybrids in Europe
July 23, 2017 | 11:34pm CEToriginalThe automaker delivered the vehicles within the Green Investment Scheme by under the Kyoto Protocol. Country, client, model, number of cars…
read moreContinental looks for dozens of people for plant in Czech Rep
July 20, 2017 | 11:43pm CEToriginalLocation, HR, reasons, positions, products and clients...
read moreMercedes on Stock: Mercedes-Benz launched microsite with stock vans in Czech Rep
July 20, 2017 | 11:05pm CEToriginalNumber of vehicles offered including passenger versions, filtering options, benefits, stock car offer...
read moreCSU: Car prices in Czech Rep increased in June 2017
July 19, 2017 | 11:49pm CEToriginalPrices of both new and used cars went up, the same applies to motorcycles. Increased service prices, cheaper spare parts, detailed data, year-on-year development...
read moreBabic: AvtoVAZ plans to cut over 8,000 jobs
July 18, 2017 | 11:43pm CEToriginalThis represents 40% of the total workforce. Timing, sales results in H1, the profit return plan...
read moreSkoda Auto succeeded in large tender of Czech Ministry of Transport
July 18, 2017 | 12:48am CEToriginalModels and number of cars, including 4x4 and CNG, the organizations concerned, the price, the bidders, the new tender for vans, the Skoda wholesale sales and fleet centres...
read morePilny: BMW plans test centre for self-driving cars in Czech Rep
July 16, 2017 | 11:19pm CEToriginalConsiderated locations, amount of investment, other projects for autonomous vehicle testing in the country...
read moreDieselgate: Daimler allegedly sold over 1 million vehicles with excess emissions
July 14, 2017 | 12:09am CEToriginalIt reportedly results from a document issued by a German court. The carmaker did not comment on the information. Regions, timing...
read moreChamber of deputies approved fee renewal for uninsured cars in Czech Rep
July 13, 2017 | 01:04am CEToriginalMPs have agreed on a single amendment, which concerns more rigorous control of the damage prevetion fund...
read moreAutomotive industry association increased outlook for car production in Turkey in 2017
July 13, 2017 | 12:50am CEToriginalProduction, export and sales in H1, negative effects on demand in the domestic market...
read moreCode of Ethics: Hyundai modified sales conditions in Czech Rep
July 11, 2017 | 11:55pm CEToriginalThis was done on the basis of an antitrust investigation. Details of change relating to brand insurance, financial results of Hyundai Motor Czech in 2016...
read moreCzech antitrust authority imposed fine on two car dealers for cartel
July 11, 2017 | 01:32am CEToriginalOne of them is NH Car. Details of forbidden behaviour, profile of the second company, amount of penalties, reduction of the fine for cooperation with UOHS...
read moreDieselgate: Netherlands to investigate Suzuki and Chrysler for emissions
July 11, 2017 | 01:15am CEToriginalAffected Suzuki and Jeep models, recalls, testing of vehicles of other carmakers, software to protect the engine from damage...
read moreVolkswagen appointed new head of Skoda sales
July 10, 2017 | 01:21am CEToriginalWerner Eichhorn will move to a different position within the group. A new board member of Skoda Auto for sales and marketing comes from Porsche Holding Salzburg...
read moreDieselgate: Winterkorn reportedly knew about manipulations moths before revelation of Volkswagen scandal
July 10, 2017 | 01:03am CEToriginalThe automaker claims that its top management had learned the details of the manipulations only days before the scandal was revealed in the US. Details…
read moreEuropean Commission approved PSA's takeover of Opel
July 7, 2017 | 12:08am CEToriginalThe Commission's decision concerns only automotive activities. The decision regarding the takeover of the financial division...
read more
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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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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
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SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, November 20, 2024