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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
CSOB Leasing to offer operating lease for private entities in Czech Rep
May 5, 2009 | 10:03pm CEToriginalThe company thus uses amendment to an Act of VAT, valid from the beginning of this April. The new product will be presented on the market under the name of...
read moreOpel: Fiat plans to supposedly result in disappearance of up to 10,000 jobs in Europe
May 5, 2009 | 07:44pm CEToriginalThe German government still expects the submission of detailed plans for the Opel’s takeover from the Austrian-Canadian automotive supplier Magna...
read moreSales of Skoda cars increased by 88.8% in Germany in April
May 5, 2009 | 06:56pm CEToriginalTotal sales of new cars grew by 19.4% to almost 380,000 cars on the German market in April. In the coming months...
read moreSaab has currently 10 serious candidates for its takeover, Fiat is not among them
May 5, 2009 | 06:28pm CEToriginalThe Swedish government negotiated Saab with Fiat a few weeks ago. Saab assumes the agreement conclusion in...
read moreMercedes-Benz opened new sale and service complex in Stodulky, Prague
May 5, 2009 | 04:14pm CEToriginalThe company has invested CZK 530 million in the complex. Mercedes took into account a possible expansion in the future during the construction already...
read moreArval: Small and medium-sized companies to expand vehicle fleet, large companies to reduce number of cars
May 5, 2009 | 02:57pm CEToriginalMore than half of the firms assumes that the current financial crisis will not effect their vehicle fleet...
read morePorsche vs. Volkswagen: Shareholders and management discuss all options
May 5, 2009 | 11:52am CEToriginalFerdinand Piech proposes selling Porsche to Volkswagen for EUR 11 billion. Wendelin Wiedeking, head of Porsche, pushes on…
read morePecina, head of UOHS: Lesy CR violated law when purchased Audi limousines
May 5, 2009 | 11:07am CEToriginalAccording to Pecina, it is not possible for the enterprise to buy company cars from the importer only because they were offered a discount. The enterprise is now at risk from a fine...
read moreSales of new passenger cars in France, Italy and Spain fell in April
May 4, 2009 | 10:53pm CEToriginalThe decline has been around 7% in France and Italy, however, in Spain...
read moreFiat promised to keep Opel brand and its German plants
May 4, 2009 | 08:39pm CEToriginalFiat estimates Opel's stabilisation costs to EUR 5 to 7 billion. However, a Canadian car part manufacturer Magna is at stake as well...
read moreTata Motors earned on Nano model‘s orders USD 500 million already
May 4, 2009 | 08:24pm CEToriginalA third of clients have already paid the full price of the Nano model. Tata records orders for…
read moreLaw might unburden selected motorists from fees for used cars‘ registration
May 4, 2009 | 06:40pm CEToriginalThis might be enabled by a modifying proposal of the government amendment to the Waste Act. Fee exemption might be newly valid for...
read moreLeasePlan: Used cars‘ prices increased by up to 10% in the Czech Rep during Q1
May 4, 2009 | 05:01pm CEToriginalThe price decline of used cars has stalled on the Czech market, the prices even increased during Q1. In the next months of this year…
read morePeugeot 308 CC: Coupe-cabriolet with 'heat scarf' in sale from CZK 609,000 (EUR 24,700)
May 4, 2009 | 04:23pm CEToriginalAfter Mercedes, the Airwave system is coming to Peugeot too. Peugeot plans to sell in the Czech Republic...
read moreCzech Chamber of Commerce: Czech companies against scrap bonus
May 4, 2009 | 12:58pm CEToriginalThe scrap bonus initiation would not contribute to Czech economy presently. Local companies stand against initiation of such grants...
read moreAston Martin aims to have 150 dealerships worldwide by 2011
May 4, 2009 | 12:44pm CEToriginalAston Martin has currently 125 dealers in 40 countries; the last one was opened in Prague. The opening of dealership in Slovakia, Poland and Hungary...
read moreMartin Jahn resigned his membership in government advisory body NERV
May 3, 2009 | 10:11pm CEToriginalThe NERV will thus be nine-member only. Jahn, who supported the scrap bonus initiation during his membership in the NERV, has resigned...
read moreFiat confirmed interest in German carmaker Opel
May 3, 2009 | 08:53pm CET, updatedoriginalThe interest in Opel has been also expressed by Canadian car parts manufacturer Magna International, which already...
read moreLouwman to sell Lexus cars in the Czech Rep, showroom in Prague to open in September
May 3, 2009 | 07:39pm CEToriginalIn connection with this event, there will be changes for Louwman in the sale of Toyota cars and also in the Lexus Lounge project…
read moreChrysler proclaimed bankruptcy and will form alliance with Fiat
May 1, 2009 | 08:00pm CEToriginalFiat will assume 20% share at the beginning. When Fiat redeems Chrysler's loans provided by the US government, it will become...
read moreUOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreVolkswagen to discontinue production in Bratislava in mid-May
May 1, 2009 | 11:22am CEToriginalThe company is going to make use of the production cut even within advance working for productin of the car line New Small Family. The outage will last from...
read moreChrysler reportedly to announce bankruptcy, agreement on alliance with Fiat completed
April 30, 2009 | 07:57pm CEToriginalNegotiations with creditors have failed even though the Ministry of Finance has increased its offer considering the exchange of remitted debt for...
read moreGM’s creditors seek to obtain majority in the company
April 30, 2009 | 05:31pm CEToriginalOnly 1% of the enterprise should remain to the existing shareholders, while the US government should...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
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SELECTED FLASH NEWS
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Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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