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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
General Motors might get a fourth bid for Opel sale
May 24, 2009 | 12:00am CEToriginalInterest is apparently shown by one Chinese carmaker, which has sent GM executives so-called expression of interest on Thursday...
read moreEC allowed three regions to provide subsidies for new CNG filling stations
May 23, 2009 | 11:45pm CEToriginalProviders of LPG filling stations do not like the CNG favouritism. They intend to defend...
read moreMagna becomes the favourite for Opel takeover, decision to be made next week
May 23, 2009 | 11:34pm CEToriginalMagna is preferred by the German political representation, Opel and GM too. Magna requires only a minority share...
read moreTatra negotiating with Skoda Auto on lending it its unused employees
May 22, 2009 | 11:34pm CEToriginalSkoda Auto is looking for workers for production of the model Yeti in Mlada Boleslav and Kvasiny too. The company needs there...
read moreEuWe Eugen Wexler opened next production hall in Rokycany
May 22, 2009 | 07:24pm CEToriginalA production for new Opel Astra model will be placed there and other orders will be added up from six carmakers…
read moreAAA Auto's sales down by 52.5% to 8,924 cars in Q1, less in Czech Rep than in Slovakia
May 22, 2009 | 05:52pm CEToriginalThe decline was though expected with regard to leaving the foreign markets. The sales have been growing gradually since the beginning of the year. In April the sales reached...
read moreTPCA restored recruitment campaign due to increase of production
May 22, 2009 | 01:54pm CEToriginalThe reason is growing production and the need for covering summer vacations as well. In June the carmaker will engage…
read moreCzech producer of starters Magneton owes to some of its suppliers
May 22, 2009 | 01:12pm CEToriginalThe Brno Regional Court thus sent the company to insolvency proceedings. The company reputedly owes to the companies...
read moreCSOB Leasing started offering operating lease for individuals in Czech Rep
May 22, 2009 | 12:50pm CEToriginalA lease contract can be extended or shortened during its validity as well as a stipulated yearly number can be...
read moreBrno Motor Show will feature 36 automotive brands
May 21, 2009 | 09:15pm CEToriginalThere have been 180 exhibitors signed up at the motor show so far; two years ago there were 300 companies enrolled. The Brno Motor Show should be visited by...
read morePorsche denied reports about application for state help which was disapproved
May 21, 2009 | 08:06pm CEToriginalGerman journal Handelsblatt wrote earlier the carmaker had unsuccessfully tried to obtain a help...
read moreAAA Auto extends possibility of purchased car exchanging from three days to week
May 21, 2009 | 06:59pm CEToriginalThe possibility of the car exchanging within a week applies to vehicles with the price above CZK 100,000, and the new owner is obliged not to run more than...
read moreKoreans test to recharge electric vehicles from the road
May 21, 2009 | 06:00pm CEToriginalThe system will be tested in bus transport in Seoul and other South Korean cities this year. Some South Korean carmakers...
read moreAnother interested subject in Opel is investment company Ripplewood Holdings
May 21, 2009 | 10:46am CEToriginalThe company submitted an offer yesterday similarly as did the carmaker Fiat and the automotive supplier Magna...
read moreCable harness division of concern Alcoa bought by investment fund Platinum
May 21, 2009 | 12:16am CEToriginalPart of the purchase was also the Czech plant Alcoa Fujikura Czech in Stribro. The change of owner will not affect the production, but...
read moreDenso postponed decision to invest CZK 1.2 billion in plant extension in Liberec
May 20, 2009 | 09:51pm CEToriginalIn the case of Denso headquarters agreeing, the factory’s extension can be done in two years. The reason is mainly new contracts...
read moreJung: Skoda Auto to have production decrease lower than 10% this year
May 20, 2009 | 09:00pm CEToriginalThe carmaker expects a similar tendency even at sales. The market should decrease more; Skoda is therefore expecting a market share growth...
read moreIndebted Schaeffler abandoning plan of larger competitor takeover similarly as Porsche
May 20, 2009 | 07:38pm CEToriginalOn the contrary, the company now allows for a possibility of the takeover by Continental. Despite the crisis Continental invests in the Czech Republic...
read moreFrank Farsky leaves Renault Trucks
May 20, 2009 | 04:11pm CEToriginalHe led the representation in the Czech Republic and Slovakia for five years. New Renault Trucks CEO for the Czech Republic and Slovakia will be...
read moreSkoda Auto to invest EUR 2 billion in products until 2013
May 20, 2009 | 03:42pm CEToriginalOne part will go to the Group’s new mini car which will be produced in Bratislava, Slovakia. From the Czech Republic there will be besides transmissions...
read moreDaimler bought 10% share in electric car manufacturer Tesla Motors
May 19, 2009 | 10:47pm CEToriginalThis will enable an extension of carmakers’ cooperation: Electric Smart with Tesla batteries by the end of this year, Tesla model S...
read moreITT Corporation started to produce car brake pads in Ostrava
May 19, 2009 | 10:15pm CEToriginalThe company will employ over 300 people here by the end of 2009. The production will be directed to...
read moreAAA Auto prolonged scrap bonus in Czech Rep and Slovakia till end of May
May 19, 2009 | 09:41pm CEToriginalIt has been utilized by more than 1,300 motorists in both countries so far. The action’s restoring is in the company considered...
read moreGerman carmaker Porsche negotiates with potential investor, maybe from Kuwait
May 19, 2009 | 05:44pm CET, updatedoriginalTalks look reputedly promising. Porsche and VW representatives however stated today that they will...
read moreSkoda Auto to produce transmissions into small concern car Up!
May 19, 2009 | 05:34pm CEToriginalThe company will invest over CZK 1.5 billion to the increased production of transmissions. Their production in Mlada Boleslav will then rise to...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
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Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
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Brano aims to develop its own electric vehicle, later might start producing it
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