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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
Vehicle Segment
Fiat suspended investment of EUR 500 million in Turin plant
March 24, 2011 | 03:11am CEToriginalThe reason is a disagreement with the unions on a new collective agreement. However, for a former plant of Bertone the carmaker reckons with a new Maserati model...
read moreCredium to provide brand financing for Jaguar and Land Rover in Czech Rep
March 23, 2011 | 05:59am CEToriginalCooperation of automaker Jaguar Land Rover and financial group Credit Agricole will extend to another country in Europe. Details of cooperation...
read moreLexus aims to increase sales by 50% in Europe in 2011, similarly in Czech Rep
March 23, 2011 | 05:44am CEToriginalThe growth should be helped by a significant contribution of the new CT. Development in the C-segment, prices, competition, sales orders and plans...
read moreCar financing down by 5.4% in Czech Rep in 2010, both large and smaller players strengthened
March 23, 2011 | 05:22am CEToriginalDouble-digit growth was recorded by UniCredit Leasing, Toyota Financial Services and Raiffeisen - Leasing, the largest decline by FCE Credit. Results of the companies...
read moreToyota Motor and Honda postponed recovery of car production in Japan
March 23, 2011 | 05:12am CEToriginalThe reason is the lack of components, as well as power outages and damaged roads. The situation in automakers Nissan Motor, Mitsubishi and Subaru...
read moreRenault and Dacia in March: Thalia, Twingo and Fluence discounted by CZK 10,000
March 23, 2011 | 04:59am CEToriginalOn the contrary, the Megane GT became more expensive by CZK 40,000. An additional discount of 15% on selected packets for particular models continues until April 30…
read moreOpel must proceed to redundancies in Bochum after voluntary departures
March 23, 2011 | 04:55am CEToriginalThe program of voluntary departures was successful only in one-third. The number of workers who will have to forcibly retire...
read moreTrost opened central warehouse of automotive parts for Europe in Czech Rep
March 23, 2011 | 04:46am CEToriginalIt should gradually build up and the company should recruit new employees. Location, size of the warehouse, recruitment...
read moreCar production in Czech Rep up by 9.4% in 2010, similarly to production of components
March 23, 2011 | 04:38am CEToriginalSkoda Auto increased production by 9%, Hyundai by 69.6%, Avia by 69.6%, Tatra by 15.2%, SOR by 11.9%. Conversely, TPCA, Iveco and Tedom decreased production...
read moreAlphabet to enter CEE, having agreed to cooperate with UniCredit Leasing
March 22, 2011 | 04:31am CEToriginalFor UniCredit Leasing it means expanding cooperation with BMW Group from brand financing to fleet management. The countries concerned...
read moreSkoda Auto increased offer on wages, union rejected it again
March 22, 2011 | 04:20am CEToriginalAt the moment, there is the last round of negotiations under way, after which the unions will consider a strike. The increased offer of the company’s management, plants inclining to strike...
read moreMitsubishi factories in Japan not affected by earthquake, only some suppliers
March 22, 2011 | 04:01am CEToriginalThe carmaker has decided to provide a financial gift; the importer in the Czech Republic and Slovakia will pay a certain amount from each vehicle...
read moreHonda postponed production restoration in Japan to March 23, to be fully operating not earlier than in May
March 22, 2011 | 03:57am CEToriginalThe lack of parts caused by the earthquake has already affected GM in the U.S...
read moreFrench opposition indirectly called Renault head Carlos Ghosn to resign
March 22, 2011 | 03:45am CEToriginalThe government is concerned about how easily the carmaker was deceived regarding the alleged espionage. The positions of individual parties...
read moreNick Reilly to leave post of CEO at Opel
March 21, 2011 | 03:10am CEToriginalKarl-Friedrich Stracke will replace him in the position. Stracke´s previous job Reilly´s new one...
read moreNissan to resume production of components on Monday and cars on Thursday
March 21, 2011 | 02:57am CEToriginalLonger production is thus threatened with respect to the situation at suppliers. Stock of parts in factories in Europe...
read morePorsche to produce small SUV Cajun in Germany
March 18, 2011 | 06:15am CEToriginalThe automaker will build a new operation to full production in the factory in Leipzig. The size of new building, new jobs, start of production...
read moreToyota Motor to leave 12 factories in Japan closed until March 22
March 17, 2011 | 05:08am CEToriginalProduction of components, however, should run on March 17, for foreign factories on March 21. The situation at Nissan and Honda...
read moreCar sales in EU returned to growth in February
March 17, 2011 | 04:36am CEToriginalMost national markets increased sales in February, but some major economies registered a decline. View of KPMG with respect to the earthquake in Japan...
read moreToyota and Subaru will cut production in North America, Honda and Nissan not
March 17, 2011 | 04:24am CEToriginalConclusion of Japanese factories for car and component production as a result of earthquakes pose a threat to global supply chain...
read moreAudi prepares next body versions of existing models and entry into new segments
March 16, 2011 | 06:48am CEToriginalThe carmaker is working on the A1 Sportback, A1 Cabriolet or A3 Limousine, considering a mini off-roader Q1...
read moreAlleged espionage at Renault seems to be a mere fraud, security officer reputedly faked it up
March 16, 2011 | 06:37am CEToriginalThe automaker then apologized to three accused managers. Details of the investigation, rejected resignation of Patrick Pelata...
read moreAutomakers and parts manufacturers are finding the impact of earthquakes in Japan on their production
March 16, 2011 | 02:43am CEToriginalProduction shutdowns, cancellation of overtime and weekend shift; the situation by Toyota, Nissan, Honda, Bridgestone, Skoda Auto, TPCA...
read moreAuto-Exner headed off its own sale, having borrowed from another bank
March 15, 2011 | 03:23am CEToriginalThe history of investments in recent years, one of the activities to a quick cash acquisition, a new banking partner...
read moreIHS Global Insight: Global sales of cars and LCVs to see increase of 22% by 2013, of 40% by 2018
March 15, 2011 | 03:02am CEToriginalForecasts for individual regions, including China, India, North and South America, Western Europe and CEE, Russia...
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