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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
Bosch does not intend to reduce staff in Jihlava and Ceske Budejovice in 2009, implements other measures
April 3, 2009 | 12:36am CEToriginalBosch has lowered number of employees in the Czech facilities by 800 due to the crisis in 2008. In 2009, the company is moving on a different production model…
read moreZDB Group increased number of car wrecks intended for disposal by half to 1,600 units last year
April 2, 2009 | 08:13pm CEToriginalZDB Group is an authorized processor of Volkswagen Group vehicles in Moravia-Silesia region; the company has established a co-operation with…
read moreCzech Bosch plants’ turnover decreased by 0.6% in 2008, however, the Group’s sale increased by 1.5% in the Czech Rep
April 2, 2009 | 07:32pm CEToriginalThe most part of the turnover falls on car component plants in Jihlava and Ceske Budejovice, the volume of contracts decreased by...
read moreEuropean Parliament calls for energy labels for tyres
April 2, 2009 | 12:36am CEToriginalEuropean Union tyre labels will show fuel-efficiency, safety and noise performance...
read moreAAA Auto began offering its own scrap bonus also in the Czech Republic
April 1, 2009 | 07:30pm CEToriginalUsed car dealer AAA Auto began providing a scrap bonus of CZK 10,000 to 50,000 on the Czech market, however, the condition is…
read moreLexus RX: Sales of SUV third generation began in Czech Rep and Slovakia
April 1, 2009 | 07:17pm CEToriginalShare of the hybrid version on overall sales of the RX model in the Czech Rep and Slovakia is record-breaking within Europe and along with a new generation, the share should be rising…
read moreStepanekAuto opened interactive cafe connected with client centre in Prague
April 1, 2009 | 05:07pm CEToriginalStepanekAuto Cafe visitor can view cars in the offer on a touch monitor, ask for financing and also...
read moreEC to provide up to EUR 100 million in funding to ITS Roads projects
April 1, 2009 | 01:49pm CEToriginalThe European Commission has earmarked nearly EUR 1 billion in funding for European infrastructure projects including Intelligent Transport Systems for Roads…
read moreAuto Esa began offering its own scrap bonus of EUR 300 up to 1,000
March 31, 2009 | 06:41pm CEToriginalPrague-based used car dealer Auto Esa introduced its own scrap bonus of EUR 300 up to 1,000 when buying a car with a minimum price of...
read moreVokswagen opens new plant in Indian Pune, production of Skoda Fabia to start in May
March 31, 2009 | 05:49pm CEToriginalVolkswagen today opened a EUR 580 million new plant in Pune, India where it plans to produce Skoda Fabia and later...
read moreFederal-Mogul to rebrand products in terms of piracy and clarity
March 31, 2009 | 04:23pm CEToriginalIn terms of fight against product piracy, the company is initiating a possibility of product authenticity verification by means of the web site…
read moreHyundai ix-onic: Tucson’s successor to start produce as Hyundai ix35 in Zilina in 2010
March 30, 2009 | 07:29pm CEToriginalThe car will be equipped with a start-stop system, double clutch transmission and all-new 4-cylinder petrol…
read moreSkoda Auto plans to build plant in Vietnam, but only with a local partner
March 30, 2009 | 07:02pm CEToriginalCzech carmaker Skoda Auto, part of Volkswagen Group, continues its negotiations regarding the entry into the Vietnamese market...
read moreAAA Auto: Our scrap bonus proved good in Slovakia, we will offer it in Czech Rep too
March 30, 2009 | 06:40pm CEToriginalUsed car dealer AAA Auto has started to buy the car wrecks back, a great interest in its own scrap bonus forces the company to…
read moreCitroen C3 Picasso: Coming from Slovakia to the Czech Rep, price from CZK 299,900
March 30, 2009 | 05:10pm CEToriginalSmall MPV Citroen C3 Picasso is now coming to the Czech Republic, too. There are three engines and two equipment levels in the offer. Sales on the Czech market will be launched...
read moreDenny: AAA Auto expansion to Russia put off for one year
March 28, 2009 | 10:04am CEToriginalAAA Auto has suspended cooperation with PricewaterCoopers concerning the entry on the Russian market. The car centre in Moscow will be opened not before…
read moreSkoda to embark on more African markets, to start car sales in Hong Kong too
March 27, 2009 | 07:30pm CEToriginalSkoda wishes to double the dealer network on its new market in Australia by the end of 2009. Over the first year of activity, the company sold there...
read morePSA Peugeot Citroen awarded 14 of its suppliers for work in 2008
March 27, 2009 | 06:41pm CEToriginalPSA purchasing department award for performances in 2008 received 14 out of 800 suppliers. These are...
read moreScrap bonus in Slovakia exhausted on Wednesday, the government to decide on increase on Monday
March 27, 2009 | 05:40pm CEToriginalSlovak citizens delivered over 22,000 old cars for liquidation in two and half weeks. The collected VAT exceeded the subsidy of…
read moreAAA Auto monthly sales increased in Q1, however, company expects decrease for 2009
March 27, 2009 | 02:29pm CEToriginalThe AAA Auto company has sold on its key markets in the Czech Republic and Slovakia in Q1 according to preliminary results…
read moreDenny: AAA Auto to return to profitability in Q2, we should show out net profit for entire year 2009
March 26, 2009 | 09:39pm CEToriginalThis plan does not take account of the revenues from possible real estate sales. AAA Auto has already sold some of its properties, the company is about to sell more…
read moreACEA welcomes European Parliament’s call to support Europe‘s auto industry
March 26, 2009 | 08:37pm CEToriginalEuropean carmaker association ACEA expressed satisfaction with EPs’ call for measures to support the automotive industry by...
read moreEntering new markets and leaving them currently hold AAA Auto still in red numbers
March 26, 2009 | 08:21pm CEToriginalAAA Auto reached a positive EBIT in the Czech Republic in 2008. In Slovakia the company showed out a net profit of…
read moreFederal-Mogul’s Czech plant cut staff numbers by some 100 to 850
March 26, 2009 | 07:15pm CEToriginalFederal-Mogul Friction Products, friction material plant based in Kostelec nad Orlici, has dimissed...
read moreAAA Auto backs off abroad, leaving Hungary after Poland and Romania
March 26, 2009 | 06:12pm CEToriginalUsed car dealer AAA Auto focuses on the core markets of the Czech Republic and Slovakia at the time of economic crisis, the return to foreign countries is real…
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