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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
Volkswagen sales fell by 4.7% in April
May 19, 2009 | 01:12pm CEToriginalSales of Volkswagen fell by nearly 10% to 1.93 million cars after four months. In Germany...
read moreGerman company Edscha as well as its Czech plant in insolvency
May 18, 2009 | 11:10pm CEToriginalEdscha Bohemia owes to the revenue authority CZK 21 million. The next four creditors...
read moreSkoda and Seat have a new importer in Taiwan
May 18, 2009 | 09:43pm CEToriginalVolkswagen’s car brands Skoda and Seat will be imported to Taiwan by Liberty Motors. By the end of the year, the new agent plans to set up a dealer network of...
read moreScrap bonus of GBP 2,000 took effect in UK, available for 300,000 motorists
May 18, 2009 | 07:24pm CEToriginalThe British scrap bonus will help to the Czech automotive industry as well. Skoda Auto, TPCA and Hyundai in Nosovice...
read morePorsche launched production of its 5-door sedan Panamera in Leipzig
May 18, 2009 | 02:07pm CEToriginalThe car will be ready to order in the Czech Republic and Slovakia from the turn of July and August. The 2009 Panamera’s sales on the Czech market should reach...
read moreFord offers significant discount for model range Transit till the end of June
May 18, 2009 | 01:28pm CEToriginalFord Transit Van is available for CZK 354,100 excl. VAT. Special offer can be combined with a lease...
read moreVolkswagen suspended merger talks with Porsche
May 17, 2009 | 10:33pm CEToriginalVolkswagen appealed Monday's meeting, Porsche has reputedly no clear concept. However, there are other terms negotiated according to Porsche...
read moreOpel still threatened by bankruptcy if intentions of Fiat and Magna are not satisfactory
May 17, 2009 | 09:56pm CEToriginalMagna aims to produce also cars of other brands in Opel’s factories in the case of entering it. The interest has been already voiced by carmakers…
read moreEuropean sales of Skoda cars up by 0.4% in April, carmaker’s market share growing
May 15, 2009 | 08:57pm CEToriginalRegistrations of new passenger cars in the Czech Republic grew by 19% y/y in April, in Slovakia even by...
read moreVolkswagen to restore production in Bratislava on Monday
May 15, 2009 | 08:24pm CEToriginalThe company used the lay-off (taking place this week) also for the preparatory works of...
read moreTrailer and semi-trailer manufacturer Panav suffered due to crisis revenue’s fall by 3.5% last year
May 15, 2009 | 08:08pm CEToriginalThe profit fell almost to zero. The firm got rid of agency staff last year, this year…
read moreHouse of Commons approved scrap bonus, double contribution for eco-cars
May 15, 2009 | 04:45pm CEToriginalThe scrap bonus of CZK 30,000 will be paid when buying a vehicle with petrol or diesel engine. Cars with the alternative drive...
read moreBMW to restore full production in its plant in Leipzig
May 14, 2009 | 10:28pm CEToriginalAccording to the carmaker, the reason of the return to two-shift operation in the Leipzig-based plant is a strong demand for the BMW 1 and production plans…
read moreNosovice-based plant of Hyundai started manufacturing model i30 Blue with start-stop system
May 14, 2009 | 10:09pm CEToriginalThe plant is going to initiate a two-shift operation soon for which it has already signed up the necessary number of employees. By the beginning of 2010 Hyundai would like to have...
read moreSales of new passenger cars in Europe fell by 12.3% in April
May 14, 2009 | 09:46pm CEToriginalThe region of Western Europe showed out a decline by 11.6%. In the new EU member countries…
read moreSuzuki restructuring its dealer network in Czech Rep, seeking new partners for three regions
May 14, 2009 | 09:31pm CEToriginalThe importer has recently terminated co-operation with two dealers in Prague and Ostrava. A new dealer acceded at the beginning of May...
read moreThird model produced in Nosovice will be all-new car
May 14, 2009 | 09:15pm CEToriginalIt will be an affiliated model of the model Kia No 3 - a car of the B-MPV segment. Production of the new MPV Hyundai will begin in...
read moreAAA Auto extends used vehicle warranty within deficiencies insurance Carlife
May 14, 2009 | 04:39pm CEToriginalThis insurance is offered for free to cars over CZK 100,000. The length of the guarantee will be extended from the current 3 months/4,000 km to...
read moreFiat will possibly close one plant in Italy and reduce production in another
May 14, 2009 | 10:39am CEToriginalAccording to trade unions, production of the plant in Pomigliano will probably be reduced and another plant is awaiting closure...
read moreCzech car dealer Auto-Exner to expand abroad
May 13, 2009 | 11:02pm CEToriginalThe company with several showrooms in Prague is interested in Poland and Slovakia and might enter these markets with the brands...
read moreContinental ceasing production in France at expense of Czech Rep, Slovakia and other CEE states
May 13, 2009 | 09:50pm CEToriginalThe planned closure of a French plant in Clairoix is supposed to increase share of production in CEE countries in a division of tire production...
read moreAAA Auto and Sixt New Kopel extend their Romanian car centres network
May 13, 2009 | 08:04pm CEToriginalOperating leasing, car lease and used car sales will be offered by a Romanian company AAA New Kopel in co-operation with...
read moreKladno-based hauler CSAD MHD Kladno put up tender for delivery of 5 buses
May 13, 2009 | 07:13pm CEToriginalThe company requires short low-floor buses. The last hauler's tenders registered...
read moreAuto-Exner to open new Bentley showroom in Prague in H2 2009
May 13, 2009 | 04:27pm CEToriginalThe firm has become besides the authorized service, also the official dealer of Bentley cars in autumn 2008. Showroom will grow in...
read moreSkoda car sales fall in Russia was lower than market’s fall in April, carmaker records market share rise
May 13, 2009 | 03:11pm CEToriginalSales of new passenger cars and light duty in Russia fell by 53% to 135,733 units in April. The Czech carmaker Skoda Auto...
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