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CEE Automotive Supply Chain 2024: ZAP, AutoSAP to hold 7th conference on supply chain in automotive industry in Central and Eastern Europe with matchmaking day in Žilina, Slovakia on November 13-14. Representatives of Kia Slovakia, Jaguar Land Rover Slovakia, Volvo Car Slovakia, Adient Slovakia, Miba Sinter Slovakia, JTEKT, Schaeffler Czech Republic, Asseco CEIT, ACEA to speak at event
October 25, 2024 | 12:51pm CETflashread more
ACEA: New car registrations in EU down by 6.1% in September, up by 0.6% to 7.99 million in Q1-3 (Volkswagen +0.3%, +1.2%; Stellantis -27.1%, -5.9%; Renault -1.5%, -0.2%; Hyundai -11.4%, -5.1%; Toyota +5.1%, +16.4%; BMW +7.6%, +0.5%; Mercedes-Benz -7.3%, -3.6%; Ford -9.8%, -15.3%; Volvo Cars +16.1%, +38.9%; Tesla +31.2%, -7.6%; Nissan -20.3%, +5.2%; Suzuki -11.5%, +20%; SAIC -25.6%, +14.2%; Mazda -24%, -4.6%; Jaguar Land Rover -30.7%, -8.1%; Mitsubishi -13.8%, +59.5%; Honda -19%, +33.6%), individual fuel/power types successful differently (BEV +9.8%, -5.8%; PHEV -22.3%, -8.1%; HEV+MHEV +12.5%, +20.1%; FCEV+NGV/CNG+LPG+biofuel/ethanol -3.4%, +4.1%; petrol -17.9%, -4.4%; diesel -23.5%, -11.1%). Full+mild hybrids (share 32.8%) surpassed petrol cars (29.8%) in September
October 25, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 9.8% in Q3, by 4.7% to 506,500 in Q1-3 (VW -5.1%, -0.7%; Škoda -7.8%, -6.7%; SEAT+Cupra -4.4%, -3.7%; VW Commercial Vehicles -26.3%, +2.2%; Audi -17.4%, -5.9%; Porsche -25%, -41%; MAN -46.7%, -43%; VW Truck & Bus +180%, +139%; Scania +81.8%, +0%; International Motors/Navistar +37%, +65.1%). VW ID.4/ID.5 (135,200 cars), VW ID.3 (105,900), Audi Q4 e-Tron (including Sportback, 78,800), Škoda Enyaq (including Coupé, 50,800), Cupra Born (29,600), Audi Q8 e-Tron (including Sportback, 23,900), VW ID.7 (including Tourer, 22,200), VW ID. Buzz (including Cargo, 20,000) were best-selling BEVs. BEV order bank in Western Europe stands at around 170,000 vehicles, automaker said, adding that PHEV deliveries up by 9% to 192,000 in Q1-3
October 24, 2024 | 02:38pm CETflashread more
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá Boleslav, Czechia in June, which takes overall quality and reliability of batteries for electric vehicles to new level. Workplace is able to use computed tomograph (CT) to visualize its internal structure in very high resolution without need for mechanical penetration into battery. CT LargeScan 2.0 device developed by Esperanto s.r.o. (distributor of Witte Barskamp, Unima, Kordt, Mitutoyo clamping, measuring equipment in Czechia, Slovakia, Ukraine) allows x-ray technology to check quality of various battery parts (cells, control units, wire harnesses, connectors, seals) and with significant advantages over touch or laser inspection. It is pilot deployment in Volkswagen Group
October 23, 2024 | 04:12pm CETflashread more
2024 Prague Car Festival (October 26-27): Tuning Expo (partners: BSR, CarMedia Pro, Saga Praha/Mercedes-Benz AMG Performance Center, Febi Bilstein, Performance Messe), Racing Expo (Ronal, Česká podnikatelská pojišťovna/ČPP, Liqui Moly), Classic Expo (Interaction/Spies Hecker, Retro Garáž, Engine Prague) exhibitions once again to be held simultaneously in Prague, Czechia, 13th year on area of more than 38,000 sqm. Würth to also join fair. Tomáš Vaněk (Vizus Communication) became PR manager of festival. Over 37,000 people visited event in 2023
October 23, 2024 | 04:07pm CETflashread more
Raiffeisen-Leasing received more than 1,300 applications for financing in Czechia under Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest was in Tesla cars (over 90%), average loan amount per vehicle was CZK 600,000 (EUR 23,750)
October 23, 2024 | 04:01pm CETflashread more
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
Usage in the company
Kia Motors showed a record quarter profit of KRW 402 billion in Q3
November 16, 2009 | 03:09pm CEToriginalThe carmaker thus surpassed analysts’ estimations by a third; returned to a profit y/y and increased its profit q/q by…
read moreZVEI holds conference Competence in Automotive Electronics 2009 in Munich on December 8
November 16, 2009 | 02:06pm CEToriginalIt is the sixth year of the event focused on suppliers of electronic and electrical automotive parts. At the conference the following will be speaking…
read moreVolvo AB posted a loss of SEK 3.3 billion in Q3
November 16, 2009 | 01:22pm CEToriginalThe loss is lower though than SEK 4 billion expected by analysts. However, in Q3 2008 the world’s second largest truck producer showed a profit…
read moremmotion09: Mainly exclusive car brands from Europe to be introduced this year, veterans for the first time
November 16, 2009 | 12:29pm CEToriginalAuto-Exner is coming back to mmotion after a year—with its new brand Aston Martin among others. Auto Palace will introduce Infiniti cars there…
read moreVolkswagen Touran: Special offer shifted basic price to CZK 489,900
November 16, 2009 | 11:26am CEToriginalThe special offers bring customers savings of up to CZK 54,700; special packets save further CZK 50,100 even. The action packets include…
read moreHyundai tripled net profit to record KRW 979 billion in Q3
November 16, 2009 | 10:19am CEToriginalAnalysts expected the profit to be lower by one third though. The reason of the better result is higher sales mainly, but Hyundai did not have to solve frequent strikes during Q3…
read moreBugatti agreed on official representation in Czech Rep with Czech partner
November 12, 2009 | 11:21pm CEToriginalThe Czech representation will be the 16th in Europe but the first in Central and Eastern Europe (CEE). In 2010 a showroom in Prague will be opened by…
read moreProducer of plug-in hybrids Fisker appointed a third distributor for Europe including Czech Rep
November 12, 2009 | 11:01pm CEToriginalThe distributor will be in charge of wholesale and retail activities in six countries of Western and Central Europe including the Czech Republic. The company is…
read moreBrand financing of Mazda cars in Czech Rep and Slovakia newly provided by Credium
November 12, 2009 | 10:41pm CEToriginalCredium will finance dealer’s stock cars as well as buying cars by customers under brand Mazda Finance. Credium has thus replaced company…
read moreNew Skoda car will be sedan bigger than Fabia sedan and smaller than Octavia Tour
November 12, 2009 | 09:13pm CEToriginalIt will be a lower middle class car and will replace the Octavia first generation. It will reach the market during two or three years and its price will be around…
read moreA.M.T. Group lost representation of Jaguar and Land Rover brands in Czech Rep
November 12, 2009 | 08:44pm CEToriginalThe importer license is now free, and the carmaker is negotiating it with several prospective partners. Some dealers and showroom of PMG Finance group are for sale…
read moreCarmakers on Czech market giving different car sales margins to dealers
November 12, 2009 | 07:52pm CEToriginalThis is also concerning the Skoda brand, for instance. The amount of margin is dependent on the annual sales volume of a certain dealer, but also on...
read moreSkoFin offers financing of ecological showrooms of Volkswagen Group’s dealers in Czech Rep
November 12, 2009 | 07:16pm CEToriginalThe company finances solar panels for roofs of showroom, photovoltaic parks and will be financing even electric cars in the future. First projects have already started…
read moreUOHS has guessed several producers of cars and spare parts who limit competition among dealers and service shops
November 12, 2009 | 06:26pm CEToriginalIf UOHS proves their offension against the law, they will have to change supply contract. Most dealers currently offer more than one brand…
read moreGeneral Motors to pay off a credit worth EUR 1.5 billion for Opel by end of November
November 12, 2009 | 05:31pm CEToriginalGerman chancellor Angela Merkel called GM for submitting a convincing plan for recovery of Opel quickly. GM has already paid from the bridging loan…
read moreRenault interested in increasing its share in carmaker AvtoVAZ, Russia could allow this
November 12, 2009 | 04:10pm CEToriginalThe government wants to find a strategic partner for AvtoVAZ. That one should be Renault probably who is interested in a control share even…
read moreVolkswagen calls 57,000 concern cars with DSG transmissions to service shops
November 12, 2009 | 01:58pm CEToriginalIt is a preventive inspection because the transmission does not have to be defective in all of the invoked cars. The cars concerned are those of Volkswagen, Audi, Seat and Skoda as well…
read moreQatar wants to sell up to 25 million Volkswagen’s preferred stock
November 12, 2009 | 11:26am CEToriginalState investment company Qatar Holding wants to support liquidity of the stock this way but plans to obtain a share in Volkswagen…
read moreOpel/Vauxhall division to be led by Nick Reilly temporarily, GM still seeks head for Europe
November 12, 2009 | 10:02am CEToriginalCarl-Peter Forster received an offer from Indian carmaker Tata Motors to become a member of management of Jaguar Land Rover division and to introduce Tata Nano into Europe in…
read moreDaimler intend to cancel 1,000 jobs in Mercedes-Benz Cars division
November 11, 2009 | 04:40pm CEToriginalThe carmaker is going to offer a voluntary departure from the company to the German employees. The offer will be made prior to employees aged over...
read moreNew car sales in Slovakia fell sharply by more than third in October
November 11, 2009 | 03:15pm CEToriginalIn ten months, sales decreased by 2.8%. Market share of the most popular brand Skoda has fallen this year by...
read moreGeneral Motors separated sales activities of Opel and Chevrolet in Europe
November 10, 2009 | 11:58pm CEToriginalTwo succession regional representatives Opel SEE and Chevrolet CEE are still settled in Budapest but a range of personnel changes have occurred…
read moreT-Motor Zlin sold 227 new Toyota cars in 2008, plans for further growth in 2009
November 10, 2009 | 11:49pm CEToriginalCompany Zliner continues in the activities of an independent dealer of Toyota, Lexus and Daihatsu. As an authorized service partner, the company offers Expres service…
read moreTatra wants to fight with crisis by selling subsidiaries and buying components from suppliers
November 10, 2009 | 11:05pm CEToriginalThe carmaker intends to focus on construction of special vehicles and development of underbody groups. The company would invest the money from selling the subsidiaries in…
read moreCLFA: Leasing of movable assets down by 56% in Q1-3, a slight drop in other commodities
November 10, 2009 | 10:26pm CEToriginalThe share of operative leasing in the overall volume went up again in 2009 and that was to…
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