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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
Uniqa: Free service warning against weather fluctuations averted damages for several million crowns
August 26, 2010 | 02:54am CEToriginalA total of 260,000 warning messages were sent within the MeteoUniqa service, of which 20,000 before the recent hailstorm. Partner of the system, extension from September...
read mores Autoleasing offers restructuring of credit or lease to people affected by floods
August 26, 2010 | 02:13am CEToriginalThe company will extend the repayment period, thereby reducing monthly repayments. The restructuring is free of charge and will be accelerated. The offer is valid until...
read moreSkoFIN continues in restructuring, having merged other departments
August 25, 2010 | 03:35am CEToriginalAt the end of August, Ondrej Kozak, the head of sales and dealers’ care, is going to leave. A new head of sales department became...
read moreCebia expanding abroad, first country to be Slovakia
August 24, 2010 | 03:40am CEToriginalStrategy, international management, services offered, Slovak partners, situation on the used car market in Slovakia...
read moreStefan Tillinger to leave Ceska pojistovna, to possibly remain in Generali PPF Holding
August 24, 2010 | 03:08am CEToriginalTillinger worked at Generali since 2001 and in 2008 he joined Ceska pojistovna within a work rotation. His successor...
read moreMake Cars Green: UAMK joined FIA global campaign in Czech Rep, SATC in Slovakia
August 24, 2010 | 02:47am CEToriginalNavigation, tire pressure monitoring system, start-stop, six- and multi-speed gearbox or others can contribute to greener operation...
read moreCAP: Insurance companies recorded 15,294 losses on cars for CZK 743 million after hailstorm in Central Bohemia
August 24, 2010 | 02:39am CEToriginalAfter the floods in early August, they have been registering 467 losses on vehicles for CZK 39 million. The share of damage to private and company cars...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep continued in decrease last week, petrol discounted in Slovakia after long time
August 24, 2010 | 02:21am CEToriginalPetrol at Czech filling stations went down by an average of 4 hellers, diesel by 8 hellers. Analysts’ outlook for this week...
read moreCarGarant: Dealers to make more money on additional services than on cars
August 23, 2010 | 01:04am CEToriginalMargins on new cars will be minimum in the coming years, as for services such as insurance, assistance services or car services they will remain relatively high. References…
read moreMercedes-Benz SuperInsurance: Discounted rates for accident insurance for CLS, GLK and C-Class on lease or credit until end of 2010
August 23, 2010 | 12:20am CEToriginalThe standard and premium rates, the possibility of combining with equipment packets, the special offer for E-Class, insurance for new and used cars for cash, partners...
read moreInsurance companies in Czech Rep record 14,500 car losses for CZK 725 million after hailstorm
August 22, 2010 | 11:14pm CEToriginalAugust floods have caused only 445 losses on cars for CZK 37 million. Details of individual insurance companies, damaged cars of importers and dealers in Prague...
read moreCarGarant prepares for expansion in Czech Rep, Slovakia and abroad
August 20, 2010 | 03:35am CEToriginalNew market in Russia and its specifics, the effort for an insurance license, new partners, innovative GAP products and guarantees, new products...
read moreUniCredit Leasing offers its clients affected by floods free grace period of up to 6 months
August 20, 2010 | 12:07am CEToriginalWithin the grace period, clients will pay only the VAT and insurance of the car, which has been leased or loaned. There will be one obligation eliminated, namely the…
read moreUniqa: Natural disaster of mass character not to affect bonuses of accident insurance
August 19, 2010 | 11:54pm CEToriginalUniqa’s clients will have all the bonuses unchanged, although they will get the indemnity for damage caused by recent floods and hailstorms. As for the damage liability...
read moreCetelem offers its clients affected by floods free extended time payment and annulment of sanctions
August 19, 2010 | 11:34pm CEToriginalThis option also applies to car financing. Beside the benefit of extended time payment the client does not pay any fees which are…
read moreAuto Esa agreed with sixth partner for car insurance field, Uniqa
August 19, 2010 | 02:59am CEToriginalThe results of the first months of collaboration, the number of cooperating used car shops with Uniqa, products for used cars, new services VIN Foto and windscreen sanding, the other partners...
read morePema Automotive to build its second showroom in Karlovy Vary
August 18, 2010 | 03:54am CEToriginalThe Suzuki dealer has chosen the first brand, discussing the second one. The new brand, construction time, a loyalty program...
read moreUniqa expects 1,500 claims on vehicles after weekend hail in Central Bohemia
August 18, 2010 | 01:13am CEToriginalActual number and amount of damages, strengthen teams of technicians by external experts, the situation in the insurance company Generali...
read moreCeska pojistovna: Weekend's hail to cause more losses than flash floods
August 18, 2010 | 12:29am CEToriginalMost of the damage relates to cars, which the clients report much quicker than the flood losses. The current status and overall damage estimate...
read moreKooperativa established new liquidation centre in Prague at BMW dealer
August 17, 2010 | 11:54pm CEToriginalThe actual number and amount of damage from the Sunday's hailstorm, the overall estimate, strengthening of the call centre, including the upcoming weekend, the number losses covered from damage liability…
read moreSunday hailstorm in Central Bohemia caused thousands claims for hundreds of millions crowns
August 17, 2010 | 04:04am CEToriginalCars have been damaged the most; at Kooperativa these cover 75% of all the reported claims. Balance of some insurance companies...
read moreHome Credit to absolve people from flooded sites in Czech Rep from fee for notice of non-payment of credit
August 17, 2010 | 03:55am CEToriginalThe company wants to make their worries of the difficult life situation easier for them. Forgiving the notices applies to credits on cars as well...
read moreCCS, Natankuj.sk: Fuel slightly less expensive in Czech Rep last week, prices continue to stagnate in Slovakia
August 17, 2010 | 03:34am CEToriginalPetrol sold at Czech filling stations discounted on average by 12 hellers, diesel by 9 hellers. Analysts’ outlook for this week...
read moreKooperativa: Most of claims on cars after weekend floods to be covered by damage liability
August 13, 2010 | 03:54am CEToriginalIndemnity paid since 2005, the number of reported damages at Kooperativa and other insurance companies, elementary additional insurance from Uniqa for older cars...
read moreMercedes-Benz Financial Services extended offer of interest-free loans for other models in Czech Rep
August 12, 2010 | 04:11am CEToriginalPart of the action is also beneficiary insurance. The offer of a two-year credit with three repayments and a three-year credit is valid until the end of the year on the models...
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