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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
Citroen began offering its own scrap bonus version of CZK 30,000 in the Czech Rep
June 3, 2009 | 03:59pm CEToriginalA discount called citroenovne, is applied apart from the 10-year-old car’s liquidation also to younger cars given as a part exchange and aged at least...
read moreSales of new passenger cars in France increased by 11.9% in May
June 2, 2009 | 09:08pm CEToriginalThe growth is caused by scrap bonus and transition to the new registration system, but also...
read moreGeneral Motors agreed on selling its brand Hummer
June 2, 2009 | 08:56pm CEToriginalThe agreement should save more than 3,000 work places in the US. The purchaser should be the Chinese company...
read moreEPS sued BMW and Mitsubishi for information on fuel consumption and CO2 emissions in adverts
June 2, 2009 | 08:09pm CEToriginalIt is said that importers are stating these data in its promotional materials unclearly. The problem, according to the EPS, this problem applies to other brands...
read moreNew orders from Volkswagen and Skoda filled production capacity of Czech plant of SaarGummi
June 2, 2009 | 06:36pm CEToriginalThe company is now investing in a new production technology in order to start delivering prototypes of sealing for an upcoming car…
read moreAAA Auto's results after audit for 2008: Loss higher by EUR 4.4 million
June 2, 2009 | 04:31pm CEToriginalThe company deepened its loss to EUR 32.4 million. The increase of the loss against premises was caused mainly by...
read moreWaste business saved by car wreckages
June 2, 2009 | 01:23pm CEToriginalFor only the last month the authorities received tens of applications for scrap yard constructions or their extensions. Altogether there are...
read moreItalian plant of Fiat in Melfi ceased production due to suppliers’ strikes
June 2, 2009 | 11:32am CEToriginalDaily production of the plant has thus declined by almost 1,500 cars. For a week employees of the companies…
read moreMotor petrol Special to quit soon at filling stations in Czech Rep
June 2, 2009 | 10:18am CEToriginalSpecial 91, which constitutes only 1% of home fuel consumption presently, is planned to be withdrawn from the filling stations…
read moreSpain's scrap bonus lowered drop of new car sales in May
June 2, 2009 | 09:54am CEToriginalSales of new cars in Spain declined by 37.8% in May which represents the 13th fall in a row. However the decline in April was...
read moreGeneral Motors filed for bankruptcy today as expected
June 1, 2009 | 11:03pm CEToriginalThe restructured company will manufacture fewer components so that it will be possible to use them in more models. Czech market...
read moreCourt approved assets sale of American Chrysler to Italian Fiat
June 1, 2009 | 10:52pm CEToriginalChrysler has therefore averted the threat of liquidation. In response, the group of minority shareholders, however, appealed...
read moreRussian carmaker GAZ may start series production of Opel cars in 9 months
June 1, 2009 | 07:35pm CEToriginalThis is of course subjected by a final agreement of GM and Magna. GAZ might start the production in Nijninovgorod plant…
read moreVolvo Car to launch plug-in hybrids on market in 2012
June 1, 2009 | 07:23pm CEToriginalThe Swedish energy company Vattenfall will develop an electric technology for the electric car. Vattenfall signed with the carmaker an agreement on...
read moreTrade fair Motorcycle to move to Brno in 2011
June 1, 2009 | 07:02pm CEToriginalThe company Veletrhy Brno has won the tender for this event’s organizing. A new pavilion at the Brno Exhibition was the primary benefit, but also...
read moreVolvo AB abolished plan to dismiss 600 employees of Powertain division
June 1, 2009 | 12:23pm CEToriginalThis division focuses on the production of engines and transmissions. The company has agreed with unions to reduce salaries by 8% and the working hours by…
read moreScrap bonus cheered up car sales in Great Britain
June 1, 2009 | 10:41am CEToriginalThe buyers order all types of passenger cars including the London cabs. In May due to the scrap bonus…
read moreOther plants of Skoda Auto/Volkswagen might grow in South-East Asia and Middle East
May 31, 2009 | 09:38pm CEToriginalHow to ensure another growth of Volkswagen and simultaneously protect European working places: To produce in Europe, assemble on the emerging markets such as…
read moreBratislava announced competition for purchase of joint buses
May 31, 2009 | 07:34pm CEToriginalThe transport company has announced the first tender now and approved two more tenders this week. In terms of its fleet’s renewal, the company would like to obtain in overall…
read moreAAA Auto postponed opening of new branch in Liberec
May 31, 2009 | 06:30pm CEToriginalThe company is now cautious but it does not exclude opening of new car centres at the end of this year. In Russia AAA Auto is in contact with...
read moreTatra to dismiss around 450 employees till end of summer
May 31, 2009 | 01:39pm CEToriginalThe company fell in loss of CZK 712 million last year which is a year-to-year drop of the economic results by CZK 1.6 billion. The revenues were though growing...
read moreCzech plant of Hyundai signed first collective agreement with employees
May 30, 2009 | 04:24pm CEToriginalThe agreement is valid for a period of two years. Wages in the Nosovice-based plant of Hyundai will grow by 6.5% on average in 2009; in 2010...
read moreKoenigsegg, Fiat and Renco among clients interested in Saab
May 30, 2009 | 04:01pm CEToriginalKoenigsegg and Renco Group, owned by the financier Ira Rennert, have the highest chances. Simultaneously, the court extended Saab's bankruptcy protection till...
read moreAutomotive supplier Magna is likely to acquire German carmaker Opel
May 30, 2009 | 03:42pm CEToriginalGeneral Motors, Magna and the German Government preliminary agreed. Fiat is currently not participating in negotiations, but...
read moreSkoda Octavia third generation to come in 2011 or 2012
May 30, 2009 | 03:08pm CEToriginalSkoda Auto wants to introduce two new models each year. In 2009 it will be Yeti and Superb Combi, in 2010 facelift of Fabia and Roomster models, in 2011...
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