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One JTEKT: JTEKT (Toyota Group) renamed 17 subsidiaries (Koyo Machine Industries to JTEKT Machine Systems, Toyooki Kogyo to JTEKT Fluid Power Systems, Koyo Electronics Industries to JTEKT Electronics, Houko to JTEKT Grinding Systems, Toyoda Van Moppes to JTEKT Grinding Tools, Yutaka Gears and Machinery to JTEKT Gear Systems, Formics to JTEKT Formics, TK Engineering to JTEKT Engineering, Yutaka High-Tech to JTEKT High-Tech, Koyo Machine Technologies to JTEKT Machines Techno, Koyo Sealing Techno to JTEKT Sealing Techno, CNK to JTEKT Coating, Daibea to JTEKT Precision Bearing, Koyo Metaltec to JTEKT Metaltec, Fuji Kiko to JTEKT Column Systems, KJK to JTEKT Metal Works, Koyo Magnetic Bearing to JTEKT Magnetic Bearing), leaving Koyo and Toyoda brands standing behind company's founding in 2006 (merger of Koyo Seiko, Toyoda Machine Works). In Czechia, company renamed Koyo Bearings Česká republika to JTEKT Bearings Czech Republic (production of bearings with more than 400 employees in Olomouc) and Fuji Koyo Czech to JTEKT Column Systems Czech (production of steering columns with 250 employees in Pilsen)
April 19, 2024 | 10:41am CETflashread more
Mototechna (Aures Holdings) Barometer: 21,730 nearly-new used cars (up to 4 years/20,000 km; petrol +0.7%, diesel -10.5%, LPG +34%, HEV +22.5%, BEV +39.4%) advertised in Czechia in Q1 with mean value (median) of price of CZK 690,000 (EUR 27,350, +CZK 10,200/+1.5% y/y). Offer grew by 2.3%/486 vehicles y/y
April 19, 2024 | 10:30am CETflashread more
2024 Bratislava Motor Show (Autosalon Bratislava): Incheba cancelled 31st exhibition of cars, vans in Bratislava, Slovakia (April 11-14). Reason for postponement is situation, that also affected all major world motor shows, related to uncertainty regarding participation of many brands at exhibition, organizer said. In 2023, nine exhibitors (Auto-Impex, AutoRoch-Slovakia, CWN/CampingWorld Neugebauer, Exclusive Cars Vertriebs, Frey Luxury Cars, M Motors SK, Plastonic, T.O.P. Auto Bratislava, TSM Slovakia) presented 15 brands (Aixam, Aston Martin, Bentley, Dongfeng, Fiat/Abarth, Ineos, Isuzu, Iveco, Lamborghini, McLaren, MG, Mitsubishi, Nissan, Piaggio, Voyah)
April 17, 2024 | 10:45am CETflashread more
Erste Group made changes in leasing activities in Czechia. Česká spořitelna (ČS) renamed leasing company sAutoleasing to Leasing České spořitelny and subsequently incorporated Erste Leasing. sAutoleasing continues as brand in field of sales of new and used cars in network of business partners. No changes in Slovakia (sAutoleasing SK)
April 17, 2024 | 10:27am CETflashread more
Pokorný: Car Importers Association (SDA) wants to refine statistics of new car registrations in Czechia by segments in 2024 with focus on SUV segment (B-SUV, C-SUV, D-SUV, E-SUV), when some brands have all SUVs in C-SUV report (Alfa Romeo, Cupra, DFSK/Dongfeng, Jaguar, Mazda, Subaru, Škoda)
April 15, 2024 | 12:48pm CETflashread more
Newmatec 2024: ZAP to hold 8th conference on new materials, technologies, innovations in automotive industry in Tále, Slovakia on April 23-24. Representatives of ZAP, Aspen Institute Central Europe, EP (European parliament), Volkswagen Slovakia, Škoda Auto, Jaguar Land Rover (JLR) Slovakia, Kia Slovakia, Volvo Car Slovakia, Schaeffler Kysuce, Ernst & Young (EY), Evolution Ltd, Industry4UM, M2M Solutions, Roriginal, Hikrobot to speak at event
April 15, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 3.3% to 136,400 in Q1 (VW -2.6%; Škoda +12.3%; SEAT+Cupra -24%; VW Commercial Vehicles +29.4%; Audi +3%; Porsche -52.9%; MAN -10.6%; VW Truck & Bus +347.1%; Scania -36.5%; Navistar +330.8%). VW ID.4/ID.5 (34,600 cars), VW ID.3 (26,100), Audi Q4 e-Tron (including Sportback, 22,800), Škoda Enyaq (including Coupé, 14,000), Audi Q8 e-Tron (including Sportback, 9,600), VW ID. Buzz (including Cargo, 7,000), Cupra Born (6,900) were best-selling BEVs. However, incoming orders for BEVs in Western Europe developed positively in Q1. More than twice as many all-electric models were ordered as in same period last year (+154%), so that BEV order bank currently stands at around 160,000 vehicles, automaker said
April 15, 2024 | 12:34pm CETflashread more
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance traffic signs (IP 32, visual form modification from January 1) from 6 to 20 in 2024, despite increasing number of technologies and assistance systems/ADAS integrated in vehicles (adaptive cruise control/ACC, automatic emergency braking/AEB, 2-second distance warning, intelligent recuperation). Reason is effect of reminder advertising and targeting drivers who do not consider failure to maintain safe distance to be dangerous, Kupka explained
April 12, 2024 | 04:32pm CETflashread more
Toyota & Lexus Corporate Mobility Festival 2024: Toyota to hold test event for companies, entrepreneurs in Hradec Králové, Czechia on April 17-18 with presentation of complete portfolio of products, drives, services, activities (cars, 4x4, commercial vehicles, conversions, accessories, Toyota Motor Manufacturing Czech, Kinto One, Toyota Gazoo Racing Czech, Toyota GR, classic cars)
April 12, 2024 | 04:09pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.4% in March, up by 3.1% to 2.1 million in Q1 (VW +1.2%, +5.7%; Škoda +0.5%, +5.2%; SEAT+Cupra +8.9%, +10.6%; VW Commercial Vehicles +3.7%, +7.8%; Audi -9.7%, -4.5%; Bentley -17.8%, -28.7%; Lamborghini +8.3%, +0.3%; Porsche -9.8%, -3.9%; MAN -22.7%, -12.3%; VW Truck & Bus +15.5%, -5.1%; Scania -0.5%, +16.8%; Navistar -2%, -14.5%)
April 11, 2024 | 03:24pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in March, down by 2.2% y/y (new: +0.0%, +1.2%; used: +0.1%, -4.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+1.3%, -0.4%), spare parts and accessories (+0.1%, +5.2%), fuels and oils (+1.6%, +4.8%), service works (+0.9%, +8.4%)
April 11, 2024 | 03:11pm CETflashread more
Financial Companies
Kooperativa Na100Pro: Additional premium to damage liability with direct settlement and full coverage without deducting depreciation
November 2, 2010 | 11:36pm CEToriginalThe new type of insurance should thus focus primarily on owners of older cars. The scope of assistance and other services, the price of the additional premium...
read moreCompany and fleet cars make up half of portfolio of Ceska pojistovna
November 2, 2010 | 11:12pm CEToriginalA total of 900,000 private clients got damage liability without obligation. Those in the event of an accident can use a wide network of contractual service shops and rentals...
read moreHonda holds autumn service campaign in Czech Rep with inspection for CZK 99
November 2, 2010 | 10:59pm CEToriginalThe importer is offering discounts on spare parts and accessories and Europ Assistance services for winter months at a reduced price to mid-November…
read moreALD Automotive and GE Money Auto became members of SOLUS
November 2, 2010 | 12:47am CEToriginalThe association SOLUS currently has 34 members, of whom 13 are engaged in automobile financing. Benefits of the membership in SOLUS...
read moreCCS, Natankuj.sk: Fuel down in Czech Rep last week, up in Slovakia
November 2, 2010 | 12:25am CEToriginalPetrol at the Czech filling stations became cheaper by 22 hellers, diesel by 10 hellers. Development in Slovakia, analysts' expectations for this week...
read morePetr Benes became new commercial head at CSOB Pojistovna
November 1, 2010 | 05:18am CEToriginalThis division was led by managing director Jeroen van Leeuwen in the recent years. Professional career of Benes...
read moreToyota Financial Services started selling used cars through electronic auction in Czech Rep
October 28, 2010 | 11:16pm CEToriginalThese are cars taken from bad payers and cars returned from operating leases. Apart from Toyota dealers, the auction is available for other companies...
read moreCar insurance market in Czech Rep decreased by 6% in Q1-3, accident insurance more than damage liability
October 27, 2010 | 05:57am CEToriginalThe number of insured vehicles grew by 98,000 units. Detailed results of insurance companies...
read moreTomas Zavoral to leave insurance company Direct after three years
October 27, 2010 | 05:35am CEToriginalDirect has not appointed Zavoral’s successor yet, his powers will be temporarily taken over by the PR agency Ogilvy. Zavoral is likely to pass to some other insurance company...
read moreUniqa introduces car insurance SafeLine to other countries, now to Czech Rep
October 27, 2010 | 05:21am CEToriginalThe SafeLine uses a GPS unit from Cebia to help against thefts, while accidents and vehicle operating costs savings. Discounts on insurance, results abroad...
read moreToyota Motor to establish its second captive finance company
October 26, 2010 | 01:58am CEToriginalIt will focus on car rentals for corporate fleets. Circumstances of the company’s establishment, location, management, setting up Toyota Fleet Leasing...
read moreCebia entered market with satellite security of vehicles
October 26, 2010 | 01:37am CEToriginalCebia SAT includes satellite monitoring of cars across Europe, the black box for accident reporting and filing, and an electronic log book. Discounts on insurance...
read moreAllianz launched new information system in Czech Rep
October 26, 2010 | 12:45am CEToriginalIt brings its clients quicker and more transparent settlement of claims and the insurance company the opportunity to better measure the performance of liquidators. Details of the solution by Unicorn...
read moreRenault in October: Clio Grandtour cheaper for CZK 5,000, Megane for CZK 10,000, Fluence for CZK 20,000
October 26, 2010 | 12:15am CEToriginalOn the contrary, Twingo and Clio are slightly more expensive. Some models newly got an extended warranty of 3 years/150,000 km when using the funding...
read moreCCS: Petrol continues in price increase in Czech Rep, diesel stagnates
October 25, 2010 | 11:51pm CEToriginalIn Slovakia, both fuel types became more expensive. Analysts' expectations for this week...
read moreGE Money Auto: Used car shops recommend novice drivers Skoda cars to CZK 100,000 in Czech Rep
October 25, 2010 | 01:43am CEToriginalHowever, the young drivers are eager for foreign sports cars of BMW, Audi or VW. Popular colours for young...
read moreCzech Top 100: CSOB Leasing became largest leasing company in Czech Rep in 2009, Kooperativa largest non-life insurance company
October 20, 2010 | 01:02am CEToriginalOther places also belong to companies financing and insuring motor vehicles. Details of the chart...
read mores Autoleasing expanded offer of accommodation card to financing contract on EUR 50 voucher
October 20, 2010 | 12:10am CEToriginalCompared to the accommodation card, the voucher can be used once only. This special offer has addressed several thousand clients since March...
read moreCCS, Natankuj.sk: Fuel more expensive in Czech Rep after long time, prices stagnated in Slovakia
October 18, 2010 | 11:56pm CEToriginalFuel sold at Czech stations became more expensive by more than 20 hellers. Analysts’ estimate for this week...
read moreEVC Group expands abroad with electric cars Skoda Roomster and Smart Fortwo
October 14, 2010 | 03:54am CEToriginalIn Western Europe, the company also wants to offer conversions of used cars. First foreign markets, funding in the Czech Republic by s Autoleasing...
read moreIIR holds professional conference HR Forum 2010 in Prague in December
October 14, 2010 | 02:48am CEToriginalThe thirteenth year of the event has a separate block of finance and production. Speakers at the conference will be representatives of insurance companies and companies from the automotive industry too...
read moreCCS: Fuel prices in Czech Rep continued to decline slightly last week
October 13, 2010 | 02:06am CEToriginalOnly petrol became cheaper in Slovakia, diesel more expensive. The price of petrol fell by 7 hellers at Czech petrol stations, diesel by 8 hellers. Analysts’ expectations for this week...
read moreManager who pushed prices of new cars in Czech Rep to minimum to leave Skoda Auto
October 12, 2010 | 02:12am CEToriginalJan Prochazka’s new place of work; the name of his successor, who returns to his old-new office after having worked at Skoda Auto abroad...
read moreEurop Assistance changed business strategy, focusing on big players
October 12, 2010 | 01:21am CEToriginalThe company recently entered into a series of new collaborations in the Czech Republic and Slovakia. Most recently, Europ Assistance has agreed with an importer in the Czech Republic...
read moreUniCredit Leasing changed organizational structure in CEE, established four regional directors
October 6, 2010 | 03:05am CEToriginalThe company appointed Jiri Matula to the top management of the Central European region. In the Czech Republic he was replaced by the executive director Jaroslav Jaromersky...
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