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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
CCS, Natankuj.sk: Fuel cheapened in Czech Rep and Slovakia last week
October 4, 2010 | 11:03pm CEToriginalPetrol at the Czech filling stations decreased price by 7 hellers, diesel by 2 hellers. Analysts' expectations for this week...
read moreDirect became new partner of loyalty program Bene+ from GE Money Bank, first in insurance sector
October 1, 2010 | 04:33am CEToriginalDirect’s clients can get a discount on premiums when paying it by credit card. Deepening of cooperation between Direct and GE Money…
read moreS. & W. Automobily started providing extended warranty for 1 year for new and used cars
September 30, 2010 | 02:00am CEToriginalThis North-Bohemian dealer of brands Mercedes-Benz, Chrysler, Jeep, Dodge and Mitsubishi Fuso is cooperating with CarGarantie. Details of the warranty...
read moreCeska pojistovna to increase rates of damage liability as of January
September 29, 2010 | 04:22am CEToriginalHowever, the accident-free drivers are going to pay less than in 2010. Last rates’ update and the expected increase for 2011...
read morePeugeot to enter Czech Rep and Slovakia with program of quality used cars
September 29, 2010 | 01:28am CEToriginalAt the same time, it will become the first carmaker importing used cars from abroad. Partners Dekra, Europ Assistance, Cebia, IBS expert, TipCars...
read moreFiat placed alternatively powered vehicles by LPG on Czech market
September 29, 2010 | 01:01am CEToriginalThis happened after year and half preparations. Range of models and engines, parameters of aggregates, prices, warranty terms, conversion for free within funding...
read moreCitroen introduced comprehensive range of extended warranties and service contracts in Czech Rep
September 29, 2010 | 12:47am CEToriginalTheir parameters can be selected at Citroenkalkulator.cz. The scope of services EssentialDrive, IdealDrive and FreeDrive, prices, financing of contracts...
read moreIIR holds specialized conference Insurance CZ&SK in Prague in mid-October
September 28, 2010 | 11:35pm CEToriginalThe 7th year of the event will have two follow-ups, i.e. a workshop on commercial networks and a special day about distribution channels. The conference will have the following speakers...
read moreCCS, Natankuj.sk: Fuel down in Czech Rep last week, up in Slovakia
September 28, 2010 | 11:15pm CEToriginalPetrol at the Czech filling stations has discounted by 6 hellers, diesel by 8 hellers. Analysts' expectations for this week...
read moreFiat offers extended warranty for Panda and Punto at discount in Czech Rep in September, for free within funding
September 26, 2010 | 11:57pm CEToriginalThe extended warranty to 5 years/100,000 km includes assistance service for 5 years. Parameters of services and prices...
read moreRenault in September: Twingo cheaper by CZK 15,000, Kangoo Express by CZK 24,000, Megane by CZK 20,000, Scenic by CZK 25,000
September 26, 2010 | 11:16pm CEToriginalOn the contrary, Clio Storia became more expensive. For the Megane and Scenic model ranges the customer can newly choose a dual-clutch gearbox...
read moreToyota offers Auris at discount of up to CZK 95,000 in Czech Rep in September
September 26, 2010 | 11:00pm CEToriginalThe purchase can be combined with a Genio 50/50 credit from Toyota Financial Services. Special prices for each version...
read moreAllianz to allow motorists in Czech Rep to choose risks in damage liability, to offer three packages
September 23, 2010 | 04:56am CEToriginalThe coverage of damage by animals, natural risks, insurance of the bonus, direct liquidation of damages regardless of fault, prices and complicity...
read moreCCS, Natankuj.sk: Fuel slightly up in Czech Rep and Slovakia last week
September 23, 2010 | 04:15am CEToriginalThe price of petrol at the Czech filling stations rose by an average of 11 hellers and diesel by 16 hellers. Analysts’ expectations for this week...
read moreAustrian fast service network Fastbox to expand abroad, entering Czech Rep
September 20, 2010 | 03:31am CEToriginalThe company took over the premises of Halfords there and, moreover, it plans to open more service shops with car accessories sale. Service results in 2009, partners, plans for the Czech market...
read moreInsurance companies in Czech Rep expect growth rates of damage liability up to 5% in 2011
September 20, 2010 | 02:26am CEToriginalThey aim to implement in them the increasing damage to health, loss of profit as well as the newly introduced payments to fire brigade. The volume and number of losses in H1 2010, estimates of insurance companies and analysts...
read moreKofron Martin left SkoFIN to join KPMG
September 17, 2010 | 01:12am CEToriginalThis happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
read moreRenault and Dacia prepared special discounts on new cars, financing and insurance for people affected by floods
September 17, 2010 | 01:01am CEToriginalThe offer applies to the region of northern Bohemia with the possibility of drawing until the end of the year. Benefits beyond other special offers...
read moreToyota offers 100 Dell notebooks in Czech Rep when negotiating financing via Internet
September 17, 2010 | 12:05am CEToriginalIt is a campaign to introduce online guaranteed pre-approval of credit or lease contract. Insurance of spare car for 15 days free of charge...
read moreCLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans
September 16, 2010 | 01:20am CEToriginalReporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
read moreDirect prepared subsidized insurance for seasonal drivers and motorists operating in Czech Rep only
September 15, 2010 | 01:49am CEToriginalThe discount, excess for breaching the exception, the extension of bonus insurance free of charge, a navigation for CZK 1 in September for contracts over CZK 4,000...
read moreCLFA requires amendment of Consumer Credit Act, which has not come into force yet
September 15, 2010 | 01:26am CEToriginalThe reason is the inclusion of financial leasing in the law, which is beyond the EU directive and will bring complications to the leasing companies...
read moreCCS: Fuel prices in Czech Rep changed slightly last week
September 15, 2010 | 12:59am CEToriginalWhile petrol was slightly more expensive, the price of diesel went down. Details of price movements and the current prices...
read moreInsurance companies in Czech Rep to launch direct liquidation of damages regardless of fault
September 14, 2010 | 04:37am CEToriginalIt has been firstly introduced by Direct, at the end of September Ceska pojistovna will follow; Kooperativa and Generali are preparing it. Analyst’s opinion, other assistance services from CP...
read moreCeska podnikatelska pojistovna increased selected rates of damage liability and accident insurance from September
September 10, 2010 | 06:04am CEToriginalAt the same time, CPP began to transfer the bonus of compulsory third party liability to accident insurance. Details of rate increases and the reasons...
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SELECTED FLASH NEWS
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In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
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Source: ECB, May 17, 2024