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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
Raiffeisen - Leasing: Internet application participates in total car financing with 11%
September 10, 2010 | 05:40am CEToriginalThe application Click - Car Financing was visited by more than 30,000 users from January to May 2010 and the possibility of non-binding calculation was used by...
read moreDecrease in volume of leasing in Slovakia slowed down to 7.8% in H1 from 42.7% a year ago
September 10, 2010 | 05:11am CEToriginalThe leasing market was supported mainly by entrepreneurs and revived by the financing of commercial vehicles. Consumer financing, major players...
read moreArval increased number of vehicles financed by 7.1% in Czech Rep in 2009
September 9, 2010 | 03:56am CEToriginalThe company has provided clients with 2,400 cars for CZK 1 billion. The electronic log book, economic consulting, e-driver training...
read moreJiri Matula replaced Martin Kofron in CLFA management
September 9, 2010 | 12:41am CEToriginalThe vacant position of a vice chairman has been occupied by the long-time member of the CLFA Board, Blazena Valkosakova. The current personnel manning of the Board...
read moreToyota Financial Services added new applications for customers and dealers on its website for funding in Czech Rep
September 9, 2010 | 12:12am CEToriginalThese allow negotiating lease or loan contracts and insurance for new cars online. For used cars...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia continued in cheapening last week
September 8, 2010 | 11:50pm CEToriginalPetrol at Czech stations discounted on average by 17 hellers, diesel by 10 hellers. Analysts’ outlook for this week...
read moreDirect Pojistovna began to use tool for content personalization for web users
September 8, 2010 | 02:59am CEToriginalThe module is also able to optimize the performance of online campaigns on external web portals. Details of the tool, its supplier...
read moreSkoFIN was second largest internet advertiser in Czech Rep in July
September 7, 2010 | 04:24am CEToriginalHowever, the largest contracting authority was Vodafone with double volume of investments in advertising. Detailed info...
read moreClients of Direct Pojistovna with car to be depreciated after recent calamities can take advantage of favorable comprehensive insurance for 1 year
September 7, 2010 | 04:11am CEToriginalThe insurance for CZK 1 for clients affected by floods, 3 months free insurance for hail...
read moreCSOB Pojistovna: After year and half Czechs still have problems with correct filling in record of accident
September 7, 2010 | 01:01am CEToriginalThe problems can be avoided by reporting the accident to an insurance company or assistance service from the place of accident. The most common mistakes...
read moreFord Motor expand management in Czech Rep, separating sales and marketing
September 6, 2010 | 12:57am CEToriginalThe importer is thus returning back to the original structure after several years. It has solved all changes by promoting of its own employees...
read moreMartin Maly to leave Cetelem, outside field of finance
September 3, 2010 | 03:11am CEToriginalCetelem has not decided on his successor yet, a selection procedure is now under way. Maly’s new place of work...
read moreCeska pojistovna strengthened by Jan Hainz, became new head of communications
September 3, 2010 | 02:34am CEToriginalHe has replaced Richard Kapsa in the office, who still remains in CP. Existing and new duties of Kapsa in CP and Generali PPF Holding...
read moreVaclav Balek became head of communications at Allianz in Czech Rep
September 1, 2010 | 11:48pm CEToriginalHis predecessor, Pavla Pasekova left Allianz in late June. Balek came from the Ceska pojistovna, which has already chosen his successor...
read moreVladimir Bezdek to become head of Generali in Slovakia after Antonin Nekvinda
September 1, 2010 | 02:34am CEToriginalBezdek lastly worked in the Aegon group in the Czech Republic. Nekvinda may remain in Generali PPF Holding...
read mores Autoleasing increased number of new contracts by 21% in H1
September 1, 2010 | 02:21am CEToriginalWhereas the number in financing of used cars rose by 27%, new cars fell by 2%. The reason of the success is allegedly a gift in the form of a card for accommodation...
read moreCAP: Clients reported 2,600 claims on cars worth CZK 115 million to insurance companies after hailstorm over last week
September 1, 2010 | 02:06am CEToriginalIn terms of floods, there are 42 new claims worth CZK 3 million. Current numbers, the situation at the largest Czech insurance companies, Ceska pojistovna and Kooperativa...
read moreSkoFIN offers customers affected by August elements extension of payment holidays and remission of debt charges
September 1, 2010 | 01:54am CEToriginalThe grace period of four months, unpaid fees and penalties, validity of the offer...
read moreNew VW Passat to be introduced in autumn, third model produced in Nosovice to be named Hyundai ix20
August 31, 2010 | 03:16am CEToriginalOverall, there are 38 novelties fighting for the title Car of the year KMN 2011 in the Czech Republic, including a number of hybrids. Hyundai, Nissan and VW have three representatives...
read moreCzech manufacturer of machinery for carmakers and Tier 1 suppliers, Novapol is bankrupt
August 31, 2010 | 03:02am CEToriginalThe reason is the indebtedness of the company and inability to meet its obligations. Creditors, financial results, customers, plant in Horovice...
read moreCar financing in Czech Rep fell by 5.8% in H1, Toyota Financial Services being jumper of year
August 31, 2010 | 02:34am CEToriginalUniCredit Leasing, ALD Automotive and Arval recorded double-digit growth. Changes in the Top 10 ranking, changes in the volume of financing...
read moreVolkswagen prepared three bonuses for utility model Crafter in Czech Rep
August 31, 2010 | 02:17am CEToriginalIt is an advantage in terms of financing from SkoFIN, a general discount of CZK 75,000 excl. VAT and an extended warranty free of charge...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep and Slovakia dropped last week
August 31, 2010 | 02:06am CEToriginalPetrol discounted on average by 26 hellers/EUR 0.009, diesel by 15 hellers/EUR 0.008. Analysts’ expectations for this week...
read moreT-Motor Zlin plans to accelerate sales growth of Toyota cars in 2010
August 27, 2010 | 02:12am CEToriginalWhereas the increase reached 19% in 2009, the company plans an increase of 22% in 2010. Advantaged service for cars older than 5 years, an extended warranty...
read mores Autoleasing began providing clients with schedule of payments automatically to new contracts
August 27, 2010 | 01:55am CEToriginalThe company is thus responding to the amendment to the Consumer Protection Act in advance, coming in force as of January 2011. The schedule of payments includes...
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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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