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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
AAA Auto shares to be delisted from the main index of Prague Stock Exchange
March 4, 2009 | 02:33am CEToriginalShares of CEE used-car dealer AAA Auto will be removed from the main index of Prague Stock Exchange as of...
read moreGENEVA: Tata set to launch sales of Nano in Europe as early as 2010
March 4, 2009 | 02:25am CEToriginalIndia’s largest carmaker Tata Motors plans to launch sales of its Nano model in Europe as early as 2010; the company is also eyeing countries such as...
read moreGENEVA: New Volkswagen Polo: Sale from summer, new engine 1.6 TDI, BlueMotion version with consumption 3.3L
March 4, 2009 | 12:57am CEToriginalVolkswagen introduced a new generation of the 5-door hatchback Polo at the Geneva Motor Show. Beginning of production of the 5th generation is planned to…
read moreGENEVA: Skoda Yeti: Premiere of new concern engine 1.2 TSI (77 kW)
March 3, 2009 | 01:03am CEToriginalSUV Skoda Yeti will receive one entirely new engine apart from the effective concern ones. It is…
read moreJATO: Fiat had the lowest CO2 emissions among 10 European carmakers in 2008
March 3, 2009 | 12:15am CEToriginalFiat achieved in 2008 the lowest volume-weighted average CO2 figure of...
read moreDacia Duster: First concept of Romanian carmaker, study of "three-door” SUV to be unveiled in Geneva
March 2, 2009 | 06:22pm CEToriginalDacia will unveil its very first concept - sportingly constructed SUV called Duster at the Geneva Motor Show…
read moreInsurance fraud exceeded CZK 500 million again in 2008, car insurance fraud on the rise
February 28, 2009 | 11:41am CEToriginalThe number of cases of car insurance frauds last year increased by...
read moreUniCredit Leasing: We made profit as least as in 2007 last year
February 28, 2009 | 11:18am CEToriginalLast year, UniCredit Leasing made profit minimally at the level of year 2007. Year before last, the company showed out gross profit of...
read moreAudi TT RS: Return to 5-cylinder, new top motorization superimposes TTS
February 27, 2009 | 07:45pm CEToriginalAudi will present a new top motorization for its coupe/roadster TT at the Geneva Motor Show which is the petrol 5-cylinder…
read moreVolkswagen Group to double sales in China to 2 milion cars by 2018
February 27, 2009 | 07:42pm CEToriginalVolkswagen Group China plans to double sales in China by 2018. Last year the group sold on the Chinese market...
read moreFiat to offer up to 4 models with LPG in 2009, supply of Ducato with CNG to that
February 26, 2009 | 09:27pm CEToriginalFiat will widen its involvement in alternative drives in the Czech Rep and Slovakia. It will offer at least three models with LPG on both markets…
read moreSkoda Fabia Sportline: Return to label Sportline after 15 years, to order from March
February 26, 2009 | 08:39pm CEToriginalSkoda will offer sport tuned model Fabia with the Sportline labeling on the Czech market. Differences are remarkable especially in the design, but...
read moreIncreased demand due to scrap bonus made Soda Auto produce on Fridays again
February 26, 2009 | 07:36pm CEToriginalSkoda Auto motor works will return to 5-day work week within production of most models. Yeti will be produced…
read moreToyota Verso: Corolla Verso successor to unveil at the Geneva Motor Show
February 26, 2009 | 06:38pm CEToriginalToyota will unveil its new compact MPV at the world premiere at the Geneva Motor Show. The successor of Corolla Verso model will be called…
read moreAAA Auto and Sixt New Kopel to jointly sell used cars in Romania
February 26, 2009 | 05:49pm CEToriginalUsed car dealer AAA Auto signed a joint venture agreement with Romania's Sixt New Kopel to sell used cars under a common brand in Romania...
read moreAudi to provide cars for the Karlovy Vary International Film Festival for the fourth time
February 25, 2009 | 08:57pm CEToriginalAudi will bring to Karlovy Vary Film Festival besides A6 and A8 limousines…
read moreEuropean carmakers call on EU to take crisis measures
February 25, 2009 | 08:42pm CEToriginalEuropean Automobile Manufacturers Association ACEA calls on EU to take steps to take measures to help the European automotive industry during the financial crisis...
read moreAlfa Romeo MiTo GTA: Concept to be introduced in Geneva, serial version in Frankurt
February 25, 2009 | 08:27pm CEToriginalAlfa Romeo will introduce MiTo GTA concept at the Geneva Motor Show. Serial version will be presented at…
read moreVolkswagen merged its plant and importer into one company in Russia
February 25, 2009 | 08:18pm CEToriginalGerman carmaker Volkswagen made structural changes in the management of its activities in Russia. Shares of each unit…
read moreACEA: Demand for new commercial vehicles in Europe dropped by more than one third in January
February 25, 2009 | 04:22pm CEToriginalDemand for new commercial vehicles in Europe decreased by more than one third in January; in Western and Eastern Europe similarly. In Slovakia, the drop reached even…
read moreVolkswagen Passat TSI EcoFuel: Compressor engine with CNG from CZK 725,000
February 24, 2009 | 10:39pm CEToriginalVolkswagen broadened its offer of models with the CNG drive by Passat, the sedan and station wagon are available for the price starting at…
read moreBrno Motor Show 2009: Organizer offered lower prices, confirmed by Skoda and Kia, Chrysler to be missing
February 24, 2009 | 06:47pm CEToriginalThe organizer of Brno Motor Show 2009 offered lower prices, negotiations with potential exhibitors still ongoing. Attendance was confirmed by brands...
read moreNumber of LPG conversions lowered by 51% to 9,800 cars
February 24, 2009 | 05:40pm CEToriginalThe number of cars converted to LPG decreased in the Czech Republic last year as well as the number of filling stations. The LPG car offer is stagnating…
read moreUniCredit Leasing replaced GMAC in financing of Opel and Chevrolet in the Czech Rep and Slovakia
February 23, 2009 | 08:50pm CEToriginalCar and dealer financing of the Opel and Chevrolet brands in the Czech Republic and Slovakia has become the responsibility of an external company. The contract length...
read moreEuro NCAP: Detailed rating of five-star cars, Toyota Avensis and the iQ
February 23, 2009 | 08:13pm CEToriginalAccording to the latest Euro NCAP crash tests, Toyota came out the best. The 4-door sedan Avensis has reached an overall evaluation...
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