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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
Emil Frey moved training centre for Peugeot, Citroen and DS in Czech Rep
June 1, 2017 | 11:45pm CEToriginalThe new location of the center for training employees of the Czech dealer network, reasons for moving...
read moreCzech Rep wants to test autonomous vehicles in Usti nad Labem Region
May 31, 2017 | 11:52pm CEToriginalInvolvement of the municipality, university and science and technology parks in international projects, benefits of the site...
read moreSDA: 222 HEVs and 24 EVs registered in Czech Rep in April
May 31, 2017 | 11:31pm CEToriginalThere were also 187 CNG-powered cars and 79 LPG cars added to the registry. Leaders of alternative drives, results in 4 months...
read moreACEA: Car sales in EU down by 6.6% in April
May 31, 2017 | 12:09am CEToriginalFirst fall after five months of growth, Easter effect, results in individual countries, Central European demand, sales of carmakers, KPMG comment and outlook...
read moreSales of Volkswagen Group fell by 1.4% in April
May 30, 2017 | 11:56pm CEToriginalFirst drop after one month of growth, demand in individual markets, growth in Russia and China, sales of individual brands, results over 4 months, commentary...
read moreCar sales in Russia rose 6.9% in April
May 30, 2017 | 11:44pm CEToriginalSecond growth in a row, results in 4 months, Skoda sales, AEB comment...
read moreProblems of subcontractor affected BMW production in several countries
May 29, 2017 | 11:50pm CEToriginalIt is a supplier to Robert Bosch. Locations, models, components, timing, estimated damage, not-produced cars...
read moreLMC Automotive: Car sales in Western Europe fell by 8% in April
May 29, 2017 | 11:05pm CEToriginalDemand in individual countries, growth in four states, results in 4 months, commentary and outlook...
read moreSales of Skoda cars rose by 0.1% in April
May 29, 2017 | 10:45pm CEToriginalThis is the 17th increase in a row. Sales in individual markets, the growth in Russia and drop in China, interest in particular models, comments, successor of the Yeti...
read moreDieselgate: German prosecutor's office also investigates Bosch in Daimler case
May 29, 2017 | 12:11am CEToriginalThe Prosecutor's Office is investigating Bosch employees for suspicion of aiding emissions fraud. Timing, the supplier's expression...
read moreCar sales in Germany dropped by 8% in April
May 28, 2017 | 11:56pm CEToriginalProduction as well as exports dropped. The impact of the number of working days, demand for individual brands, orders, results over four months...
read moreAlza to launch online sale of EVs in Czech Rep
May 26, 2017 | 03:40am CEToriginalReasons, timing, e-shop dealing with carmakers, delivery times, an ad for a new project through a VW car...
read moreHarley-Davidson to build another factory
May 25, 2017 | 11:16pm CEToriginalMoving part of the production from the USA is criticized by local unions. Location, reasons, sales in 2016...
read moreDieselgate: German investigators carried out raids at Daimler
May 24, 2017 | 11:11pm CEToriginalThe automaker stated it is cooperating with the authorities. Locations, investigations by US authorities...
read moreDieselgate: US to sue FCA for emissions
May 24, 2017 | 10:56pm CEToriginalThese are vehicles of the US division Chrysler. Reaction of the stock exchange, the expression of the automaker, the estimated amount of the fine and the cost of the solution...
read moreMann+Hummel makes changes in organizational structure in Eastern Europe
May 23, 2017 | 11:42pm CEToriginalRelated changes in the Czech Republic, personnel changes in Czech subsidiaries...
read moreAssociations: Automotive industry in Central Europe to need 100,000 people
May 23, 2017 | 11:27pm CEToriginalThe industry is already experiencing a shortage of skilled labor in all V4 countries. A call to national governments...
read moreFord appointed new CEO
May 23, 2017 | 12:18am CEToriginalReasons, Mark Fields's successor, new management structure, stock market reaction...
read moreDieselgate: US court approved Bosch agreement with consumers and used car dealers
May 22, 2017 | 11:34pm CEToriginalIt happened half a year after the agreement had been reached. However, the company did not admit a conscious share in manipulations or any misconduct. Financial conditions…
read moreSlovenia sold Cimos
May 22, 2017 | 12:29am CEToriginalThe buyer, transaction value, planned investments, products and clients...
read moreVolkswagen appointed new Head of Commercial Vehicles in Czech Rep
May 21, 2017 | 11:22pm CEToriginalThe distributor promoted its own manager. Jan Prochazka returned to Skoda Auto after six years, where he took the position of...
read moreSlovakia supported purchase of 200 EVs and HEVs over six months
May 18, 2017 | 11:25pm CEToriginalIf the sale continues at the current rate, the package of subsidies will not be exhausted. Details…
read moreDieselgate: EC started proceedings with Italy for FCA car emissions
May 18, 2017 | 11:00pm CEToriginalIf Italy does not provide a satisfactory response to alleged inaction, the case may end in court. Response time...
read moreSamuelsson: Volvo Car limits development of diesel engines
May 17, 2017 | 11:46pm CEToriginalSome development projects will be terminated while others will continue. Details, focus on electric drive, the first EV...
read moreFord wants to cut costs by USD 3 billion, to dismiss hundreds of permanent staff
May 17, 2017 | 11:30pm CEToriginalReasons, emphasis on voluntary departures, agency staff, a profitability increase plan, financial results in Q1, investments...
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