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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 of 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
Folbrecht (Skoda): Half of cars might be sold with alternative drive in Europe in 2030
October 19, 2016 | 12:59am CEToriginalUpcoming CO2 fleet emission targets for the years 2025 and 2030, the experts’ estimates, depression of diesel engines, electricity and gas potential, McKinsey study...
read moreBednarz: Production of Tatra trucks to grow by tens of percent in 2016-2017
October 18, 2016 | 11:38pm CEToriginalResults in Q1-3, overcoming 2015, two- to three-shift operation by the department, HR, average wages, investment not only in manufacturing...
read moreACEA: EU car sales up by 7.2% in September
October 18, 2016 | 11:28pm CEToriginalA record September, second month of growth in a row, results in individual countries, sales of carmakers, registrations in Q1-3, KPMG outlook for 2016 and 2017...
read moreHyundai Capital gained banking licence for EU
October 17, 2016 | 11:55pm CEToriginalHeadquarters of the European branch, capital, timing, financial and insurance services, website, first countries being expanded, current partners for funding of Hyundai and Kia brands, GE divestment...
read moreUnions: PSA prepares fourth wave of layoffs
October 17, 2016 | 11:38pm CEToriginalThe automaker has dismissed 17,000 employees since 2013. Location, timing, number of jobs, form of the departures, the alleged reasons (Brexit, diesel cars), profit in H1, dividends...
read moreEmil Frey closed dealership of another brand in Czech Rep
October 17, 2016 | 11:22pm CEToriginalBrand, location, reasons, related personnel changes, further showroom utilization, dealer situation in the region...
read moreVolkswagen plans to cut costs again
October 17, 2016 | 12:11am CEToriginalInternal meeting of top management, the challenge to reduce material and overhead costs, high expenditures on the Dieselgate solution...
read moreSales of Skoda cars rose by 14.4% in September
October 16, 2016 | 11:57pm CEToriginalIt is the 10th month of growth in a row, driven by increased demand in most markets. The new record month, interest in various models...
read moreCar sales in Germany rose by 9.4% in September
October 16, 2016 | 11:50pm CEToriginalOn the contrary, production and exports slumped. Registrations of individual brands, results in Q1-3, orders, VDA and Ernst & Young outlook for Q4 and entire 2016...
read more2016 Nitra Motor Show: Exhibitors present over 20 car brands
October 14, 2016 | 03:52am CEToriginalThe companies and brands, indoor and outdoor exhibitions, concept, entertainment, patronage, prices, tickets draw, the balance of 2015...
read moreAutotym began offering services for owners selling used car
October 14, 2016 | 02:23am CEToriginalTarget group, range and price, protocol, packages for buyers, outgoing sites, partners, the penetration of financing, business and financial results, personnel changes, a TV show, upcoming products...
read moreMorawiecki: Poland attracted automotive investment from US
October 14, 2016 | 02:09am CEToriginalThe country is leading talks about further investment with a Japanese carmaker. Daimler engine plant in Jawor...
read moreBrno to hold conference on automotive industry in Czech Rep and Central Europe
October 13, 2016 | 03:28am CEToriginalSpeakers from Skoda, Hyundai, TPCA, Kia, Jaguar Land Rover, Iveco, Tatra, KPMG, Brano, ESAB, Motor Jirkov, Minerva or CzechInvest; announcement of the Enterprise of the Year...
read moreOsterloh: Volkswagen could cut jobs through early retirements
October 13, 2016 | 03:12am CEToriginalDiscussion about austerity measures at the main brand VW, details of the proposal for next 10 years...
read moreToyota recalls 340,000 Prius cars
October 13, 2016 | 02:00am CEToriginalIn connection with the problem it received reports of accidents, injuries and deaths. Details of the defect, affected models and model years, the regions and the number of cars...
read morePlan of Iveco Bus to build test track in Czech Rep complicated
October 11, 2016 | 11:46pm CEToriginalIt may not be able to be built in the originally planned location. Reasons, expansion of the Czech plant...
read moreCSU: Car prices in Czech Rep up m/m in September 2016
October 11, 2016 | 11:36pm CEToriginalNew and used cars became more expensive, while motorcycles became cheaper. Increase in prices of servicing and spare parts, detailed data, y/y development...
read moreRenault to strengthen position in AvtoVAZ
October 11, 2016 | 11:26pm CEToriginalDetails of the recapitalization of the Russian automaker, changes in shareholdings, outlook for the Russian car market in the years 2016-2017...
read moreVolvo Car wants to take 400 engineers
October 10, 2016 | 11:46pm CEToriginalIt intends to strengthen its efforts to develop safety technologies, autonomous driving and electrification. Locations, timing, new R&D centre...
read moreSales of cars and vans in Russia fell by 18% in August
October 10, 2016 | 11:33pm CEToriginalAccelerating the pace of decline, growth in demand for Skoda cars, results for eight months, AEB outlook for 2016...
read moreBNP Paribas expands its insurance company Greenval Insurance in Europe
October 10, 2016 | 03:35am CEToriginalEntry to the Czech and German markets, products, insurance portfolio, IT, collaboration with Arval, current business results in the Czech Republic, further expansion...
read moreOne facility of Skoda Auto hit by fire in Czech Rep
October 10, 2016 | 03:04am CEToriginalNobody was injured. Location, the facility concerned, the cause of the fire, the extent and amount of damage...
read moreDaimler to spend USD 28.5 million on settlement of charges in US
October 10, 2016 | 01:52am CEToriginalThe division and products concerned, the amount of the fine and the cost of emission reduction…
read moreVolkswagen recalls 334,000 cars in North America
October 9, 2016 | 11:08pm CEToriginalThe automaker has not yet specified whether the recall will affect other countries. Reasons, potential risk, VW and Audi models, years of production...
read more2017 Brno Motor Show: Veletrhy Brno published dates, earlier than declared
October 6, 2016 | 11:57pm CEToriginalIt will take place within two weeks. Historically the most attractive offer of BVV, demand from manufacturers and importers of cars, vans, trucks and buses, the brands decided, expected attendance...
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