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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
Vehicle Segment
BMW allegedly to build polygon in Czechia to test self-driving cars
December 13, 2017 | 11:34pm CEToriginalNeither the carmaker nor the state's representatives commented on the information. Location, amount of investment, HR, timing, upcoming special press conference...
read moreŠkoda Auto, trade unions ended first part of collective bargaining
December 13, 2017 | 10:20pm CEToriginalThe increased bonus for multi-shift systems, job performance bonus and bonus for shifts within the flexible account, situation in individual plants, wage growth negotiations...
read moreWorker dead at Borgers factory
December 12, 2017 | 10:44pm CEToriginalIt was allegedly an agency employee. Location, circumstances, police investigation...
read moreMarchionne: FCA negotiates technology partnership with Hyundai
December 6, 2017 | 10:03pm CEToriginalFCA already purchases some parts from Hyundai. Discussed points, FCA’s new business plan...
read moreToyota to produce new hybrid engine in Poland
December 6, 2017 | 09:52pm CEToriginalParameters, location, amount of investment, timing, penetration of HEVs in Europe...
read moreVolkswagen reportedly leading talks on GAZ stake purchase
December 4, 2017 | 11:57pm CEToriginalCompanies did not comment on the information. Basic Element managing the property of a Russian billionaire Oleg Děripaska is reportedly looking for a partner...
read moreKia moves workers in Slovakia
December 4, 2017 | 10:49pm CEToriginalThe reason is a drop in demand for one product. According to the factory, this is a temporary measure. Details, HR, timing...
read moreEC fined five makers of car safety equipment for cartel
November 28, 2017 | 11:42pm CEToriginalThe affected, mostly Japanese suppliers, components, four forbidden agreements, timing, amount of sanctions, affected automakers...
read moreAutoBinck made changes in distribution, retail management in Czechia, Slovakia
November 28, 2017 | 11:18pm CEToriginalMartin Saitz's promotion, seeking two directors for vacant positions at AutoBinck CZ...
read moreAutofox Advertising: Autofox expands its portfolio with advertising services
November 21, 2017 | 11:15pm CEToriginalDetails and prices of Autofox Job, Autofox Estate, Autofox Enterprise and Autofox Event, introduction of a loyalty program, significant discounts for long-term clients, outline of the near future...
read moreEC to fine seat belt, airbag manufacturers
November 21, 2017 | 10:42pm CEToriginalThe investigation has been running for more than six years and concerned the Swedish company Autoliv or several Japanese firms...
read moreDieselgate: BaFin launched investigation into Volkswagen
November 21, 2017 | 10:26pm CEToriginalThe German authority is investigating potentially unjustified disclosure of confidential information allegedly made by the former CEO...
read moreKola Motor Show 2017: Another year of car exhibition held in Lysá nad Labem, Czechia
November 19, 2017 | 10:05pm CEToriginalToyota brand exhibition including solely HEVs, the Czech exhibition premier of VW Polo, exhibition of racing and tuning cars, expected attendance, entrance fee...
read moreRacing Expo 2017: First year of Motor Sport Fair held in Czechia, in parallel with Transport Expo
November 13, 2017 | 11:11pm CEToriginalDate, location, exhibits, exhibition director, exhibitors, partners, expected attendance, admission, Transport Expo 2016 balance...
read moreŠkoda Auto, trade unions launched collective bargaining in Czechia
November 13, 2017 | 01:44am CEToriginalGoals, trade union requirements, annual working time layout, multi-shift work models, wage growth, agreements on flexible accounts and work organization...
read moreYazaki to cease production in Czechia
November 9, 2017 | 11:37pm CEToriginalProduction will be moved to another factory in Europe. Locations, HR, clients and contracts, timing, R&D…
read moreSoftBank to allegedly invest in Auto1
November 9, 2017 | 11:05pm CEToriginalCompanies did not comment on the information. Last round of funding, start-up value, number of customers and partners, business and financial results, goals...
read moreDieselgate: US judge rejects Bosch's application to abolish Volkswagen dealers' lawsuit
November 2, 2017 | 11:30pm CEToriginalBosch has previously agreed to settle some of the civil claims related to the Volkswagen emission scandal...
read moreBMW considers building plant in Russia
November 2, 2017 | 11:09pm CEToriginalThe automaker has been cooperating on car production for the Russian market with a local partner for 18 years. Planned location and the amount of investment...
read moreSubaru confessed mistakes in car checks
October 30, 2017 | 10:53pm CEToriginalIt has been happening for 30 years. Location, considered recall action, estimated costs...
read moreDieselgate: German court dismissed Deutche See's legal action against Volkswagen
October 30, 2017 | 10:36pm CEToriginalDeutsche See argues that the automaker has provided it with poor information about the environmental relationship of a rented car fleet. The company's next step...
read moreHonda to close one factory
October 27, 2017 | 11:54am CEToriginalHowever, it is going to build a new plant in another country. Locations, timing, reasons, HR, production and sales development, focus on EVs and new technologies...
read moreNissan stopped production at three plants in Japan
October 27, 2017 | 11:33am CEToriginalAt the same time, the carmaker has recalled 1.2 million cars on the domestic market. Reasons, timing, affected models, estimated costs, sales suspension...
read moreGerman unions demand 6% wage increase in Volkswagen
October 27, 2017 | 11:10am CEToriginalThe demand for wage growth also applies to the Volkswagen Financial Services division. Requirements of the Czech unions at Škoda Auto...
read moreConference on automotive industry in Czechia and Central Europe to take place in Brno
October 25, 2017 | 09:52am CEToriginalLecturers from Škoda, Hyundai, TPCA, Iveco, Tatra, KPMG, Kovo, ABB, Brano, Motor Jikov, Minerva or CzechInvest, topics of the 14th year, partners...
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