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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
Czech Leasing and Finance Association appointed new Secretary
March 27, 2017 | 11:14pm CEToriginalJiri Pulz is leaving the post after more than 25 years, having held it since the creation of the association. His successor...
read moreHyundai suspended production at one factory in China
March 27, 2017 | 10:49pm CEToriginalThe location, declared reasons, the Korean-Chinese political situation, analyst comment...
read moreSeat to expand its SUV range to three models
March 26, 2017 | 11:38pm CEToriginalAnother two SUVs manufactured in Volkswagen Group plants in Europe will be added to the Ateca. Locations, first seven-seater SUV by Seat...
read moreDieselgate: EIB asked France to investigate loans granted to Renault
March 26, 2017 | 11:21pm CEToriginalThe bank fears that the carmaker used the loans to develop diesel engines allowing cheating during emission tests. The volume of loans...
read moreDozens of Czech companies supply components to Skoda Kodiaq
March 23, 2017 | 11:42pm CEToriginalThese include 3M, AGC, Benteler, Continental, Fehrer, Gumotex, Hella, HP-Pelzer, KS Kolbenschmidt, Mubea, Plastika, SaarGummi, TRW or Witte. Comment…
read moreHyundai to recall nearly 1 million cars
March 23, 2017 | 11:29pm CEToriginalReasons, region, models including hybrid vehicles, production years, timing...
read moreCar production in UK up by 8% in February
March 23, 2017 | 11:18pm CEToriginalAs exports went up by 13.4%, production for the domestic market fell by 7.4%. The influence of Brexit, SMMT’s comment...
read moreSkoda Auto operating profit increased by 30.8% at revenue growth of 9.8% in 2016
March 23, 2017 | 02:33am CEToriginalReasons, positive and negative effects, profitability, production, sales, RS penetration, investments, HR, change in methodology reporting, sale of a distribution company in Germany, the outlook for 2017...
read moreDieselgate: French prosecutor's office launched investigation of FCA
March 23, 2017 | 02:09am CEToriginalThe automaker has registered the initiation of the investigation and will continue to cooperate with the authorities...
read moreEC fined six car parts makers for cartel
March 22, 2017 | 11:06pm CEToriginalThe companies concerned, products, supplies for eight automakers, duration, the amount of sanctions...
read moreKruger: BMW to increase EV and HEV sales by 60% in 2017
March 21, 2017 | 11:44pm CEToriginalBusiness and financial results in 2016, fleet emissions, financing, HR, goals for 2017, model offensive in 2017-2018...
read moreSales of Skoda cars up by 3.1% in February
March 21, 2017 | 10:38pm CEToriginalIt was the 15th growth in a row. Sales in individual markets, growth in the Czech Republic, a fall in China, demand for various models, the first month of sales of the Kodiaq SUV...
read moreAmper 2017: 25th year of fair to be attended by over 30 EVs and HEVs
March 20, 2017 | 11:00pm CEToriginalBesides cars, it will be vans, motorcycles, bicycles and scooters. The conferences, Toyota, Lexus, Nissan, VW, Audi, Volvo, Land Rover, Hyundai, Kia, BMW or Tesla cars at Amper Motion...
read moreDieselgate: French authority ceased investigation of Opel because of emissions of diesel cars
March 20, 2017 | 10:25pm CEToriginalIt did not reveal any evidence of fraud during the investigation. The Office also reported that it did not plan any further action against the German carmaker...
read moreEC fined cartel agreement on purchase prices of batteries for recycling
March 20, 2017 | 10:07pm CEToriginalOne company avoided the fine, as it had warned of the cartel. Companies concerned, countries, duration, means of communication, the amount of sanctions, the size of the EU market...
read moreChassix wants to build plant in Eastern Europe
March 20, 2017 | 12:53am CEToriginalThe planned location, amount of investment, size of the factory, products, HR, timing, results in 2016...
read moreRenault Trucks to create several hundred of jobs in 2017
March 19, 2017 | 11:39pm CEToriginalReasons, locations, affected positions, business results in 2016...
read moreMagna selects location in Europe for its second plant for contract car production
March 17, 2017 | 01:57am CEToriginalThe factory in Austria is running at full capacity. Considered location, amount of investment, HR, capacity, four stages, state aid...
read moreToyota to invest EUR 275 million in UK
March 17, 2017 | 01:46am CEToriginalLocation, car production on a new platform, the importance of duty-free and barrier-free access to European markets after Brexit...
read moreMarchionne still interested in merging FCA with GM
March 17, 2017 | 01:37am CEToriginalThis even after the sale of Opel to PSA. The US carmaker is not interested, according to its president...
read moreSkoda Auto launched assembly of Kodiaq in another country
March 16, 2017 | 01:39am CEToriginalLocation, partner, production plan in the Czech Republic in 2017, the start of production in a third country, the most desirable version, orders received in February...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
read moreCar sales in Germany fell by 2.6% in February
March 15, 2017 | 11:43pm CEToriginalThe slump was also seen both in the production and exports. The influence of number of working days, the demand for individual brands, orders, results over two months...
read moreDieselgate: First Czechs filed lawsuit for compensation against Volkswagen and Skoda Auto
March 15, 2017 | 02:47am CEToriginalThe representing company and law firm, the amount requested, competent court, analysis by Oxera Consulting, reaction of carmakers...
read moreInteraction increased turnover by 8% in 2016
March 15, 2017 | 02:30am CEToriginalCooperation with the Volkswagen Group in a project of certified tin and paint shops, construction of a new educational center, Lakyrnik Camp, the 25th anniversary...
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SELECTED ARTICLES
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