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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
TPCA negotiated with trade union a wages increase by 2.3% this year, increase of 7% last year
March 25, 2009 | 11:00pm CEToriginalPersonnel turnover in TPCA has fallen by half in the last year. At the beginning of last year it moved…
read moreACEA: Demand for new commercial vehicles in Europe down by 38.7% in February
March 25, 2009 | 08:45pm CEToriginalDemand for new commercial vehicles in Europe has dropped by more than one third in February, and by almost a half in Eastern Europe. In Slovakia, the drop-off was even…
read moreCerny: Production in TPCA up about 5 % in Q1, to stagnate during 2009
March 25, 2009 | 07:19pm CEToriginalCarmaker TPCA has already implemented adjustment of the production line in order to increase the manufacturing capacity from 320,000 to 340,000 cars a year. Additional employees…
read morePorsche Panamera: To order from mid-summer from EUR 94,575 (CZK 2.55 million)
March 25, 2009 | 06:17pm CEToriginalFour-door Gran Turismo got a range of technologies such as the 7-speed double clutch transmission, start-stop system, air springing, or…
read moreTPCA’s profit stagnated at revenues‘ decrease by 4,3%
March 25, 2009 | 03:01pm CEToriginalKolin-based carmaker TPCA decreased revenues by 4.3% to CZK 49.1 billion last year. Strong crown has done the company’s revenues of…
read moreAvia Ashkok Leyland Motors wins a public tender in Slovakia
March 24, 2009 | 11:26pm CEToriginalPrague-based truck manufacturer Avia Ashkok Leyland Motors has won a Slovak government tender on the supply of…
read moreCPU: 12 CNG filling stations adding up this year, similar amount in 2010
March 24, 2009 | 09:55pm CEToriginalA total of 14 new CNG filling stations will be added up in the Czech Republic this year. The first CNG filling station in Prague will get going…
read moreJung: Energy recovery and start-stop systems to be introduced by Skoda in 2010, not hybrid drive yet
March 24, 2009 | 06:05pm CEToriginalSkoda Auto carmaker is proceeding further with the activities as to lowering the fuel consumption and alternative drives…
read moreSkoda Auto/Volkswagen: Date of euro adoption not set, we will not invest in Czech Rep
March 24, 2009 | 04:52pm CEToriginalCzech carmaker Skoda Auto has revalued its investment plans for the years 2009 - 2011. The investments will mainly be directed at…
read moreKappler: Skoda Yeti to get basic price under EUR 20,000 (about CZK 535,000)
March 24, 2009 | 01:33am CEToriginalA new concern engine 1.2 TSI (77kW) from Mlada Boleslav will be installed in Yeti as well as in the models…
read moreStepanekAuto to open cafe in Prague’s shopping centre Metropole Zlicin
March 24, 2009 | 01:28am CEToriginalUsed car dealer StepanekAuto comes with a unique marketing sales support on the market. On the western Prague’s periphery in…
read moreJung: Development of car smaller than Fabia running in full swing, production to start in 2011
March 24, 2009 | 01:12am CEToriginalNew Skoda models in 2009-2011: After Yeti coming Octavia RS facelift, Octavia Scout facelift, Superb Combi, Fabia RS and…
read moreKappler: World sales downturn to be two-digit in 2009, one-digit by Skoda
March 23, 2009 | 08:18pm CEToriginalSkoda cars sales are now rising in the countries with the scrap bonus established by local governments by up to…
read moreDierkes: Thanks to scrap bonus Skoda Auto to employ 300 agency workers in coming weeks
March 23, 2009 | 06:51pm CEToriginalThe number of Skoda Auto employees decreased by 2,446 to 26,695 persons. However, the regular staff state at Skoda Auto rose last year…
read moreSkoda Auto lowered its net profit by 32.3% along with sales drop-off by 9.8%
March 23, 2009 | 06:04pm CEToriginalOnly the negative progress of Czech koruna against the relevant currencies has tasked the operational outcome of Skoda Auto with a sum of…
read moreSenior Automotive closes UK plant, moves production to Czech Republic, South Africa
March 20, 2009 | 11:48pm CEToriginalSenior Automotive will relocate operations from its recently closed UK plant to South Africa and the Czech Republic in…
read moreAAA Auto closed further branches, last branch in Hungary remains in Budapest
March 20, 2009 | 07:39pm CEToriginalUsed car dealer AAA Auto continues in branches reduction. Currently, the company has…
read moreAston Martin to open first dealership in the Czech Republic in 2009
March 20, 2009 | 06:52pm CEToriginalUK’s luxury sports carmaker Aston Martin has signed on the Czech market a dealership contract with…
read moreDirect Pojistovna recorded a fivefold rise of prescribed insurance in 2008
March 20, 2009 | 05:40pm CEToriginalInsurance company Direct Pojistovna dedicated to the vehicles insurance so far to enter other segments in Q2...
read moreVolkswagen Slovakia reaches collective agreement with unions on 3% wage growth
March 19, 2009 | 10:51pm CEToriginalOn top of that, Volkswagen Slovakia workers will receive extraordinary bonuses...
read moreHome Credit began offering credits for AAA Auto used cars purchase, besides Slovakia in the Czech Rep too
March 19, 2009 | 10:40pm CEToriginalHome Credit became another financial partner of AAA Auto in the Czech Republic; it cooperates with AAA Auto in Slovakia since…
read moreCPU: Natural gas consumption to rise by 30% till 2017 in Czech Rep
March 19, 2009 | 07:21pm CEToriginalTotal sales of natural gas as the fuel (CNG) ran to 3.5 million m3 in 2006, 4.9 million m3 in 2007, and in 2008…
read moreUniCredit Leasing net profit up at 40% to CZK 431 million in the Czech Republic last year
March 19, 2009 | 05:10pm CEToriginalUniCredit Leasing CZ posted a consolidated net profit of CZK 431 million last year, which represents a y/y growth of …
read moreVolkswagen Caddy 4Motion: Small utility vehicle has been initiated with 4x4 drive
March 19, 2009 | 03:13pm CEToriginalVolkswagen extended its offer for Caddy model range with a 4Motion four-wheel drive system version. Prices starts at…
read moreMB Citaro FuelCell Hybrid: From hydrogen over diesel-electric hybrid to hydrogen-electric hybrid
March 19, 2009 | 01:10pm CEToriginalMercedes-Benz will launch its first hybrid bus with the fuel cells drive in early June; it will be tested right away in…
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