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Head of Czech Trade Inspection dismissed Director of Inspectorate, who pointed out miscalculations of APR

June 19, 2014 | 03:30am CEToriginal
COI did not disclose its reason, as it is not related to this affair. Validation of the correctness of the imposed fine for Essox and calculation used in the control by a special commission...
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Removal of DPF: CTIA carried out check of 80 service shops, half did not pass

June 18, 2014 | 05:36am CEToriginal
The initiator, the date, identified deficiencies, fines, administrative procedures, results in regions, problems with warranty and insurance, removal vs. exchange vs. restoration...
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Czech government approved investment agreement with Nexen Tire

June 16, 2014 | 11:51pm CEToriginal
Date of signature, the amount of investment and government incentives, location, HR, R&D centre, possible arrival of Nexen's suppliers...
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CSU: Car prices in Czech Rep fell in m/m comparison in May 2014

June 16, 2014 | 11:41pm CEToriginal
While the prices of new cars were flat, used cars became cheaper. Prices of servicing and spare parts, detailed data, the annual development...
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TÜV Süd strengthened sales department in Czech Rep

June 16, 2014 | 05:58am CEToriginal
A specialist in the automotive and electronics industries and e-mobility joined the company…
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Hyundai Mobis plans to build another plant in Europe, probably in Czech Rep

June 12, 2014 | 04:07am CEToriginal
Considered locations, reasons, HR, timing, products, clients...
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Czech Trade Inspection clarifies errors in APR calculation

June 5, 2014 | 11:48pm CEToriginal
In response, one credit company intends to streamline the provision of credits. COI also came across the unjustified reduction of the tax base by used car dealers...
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EU reports against Russia at WTO because of duties on commercial vehicles

June 4, 2014 | 10:29pm CEToriginal
These duties relate to production in Germany, Italy and Turkey. Another dispute between the EU and Russia, the amount of duties, the EC and the WTO procedure...
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Nexen Tire took decision on location of its first factory in Europe, to be located in Czech Rep

May 30, 2014 | 12:58am CEToriginal
Location, investment amount, timing, capacity, clients, broad cooperation with Volkswagen Group...
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eCall could be compulsory in EU from 2017

May 29, 2014 | 11:56pm CEToriginal
The form of automatic emergency call and the timing will be discussed by member countries with the European Parliament. The attitude of the Czech Republic...
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Czech Rep may change rules to recover debts of liability insurance

May 20, 2014 | 01:21am CEToriginal
Author of the amendment, proposals and positions of the parties and individual MPs, elimination of unauthorized calls of CKP for payments to the guarantee fund for uninsured cars...
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Nexen Tire to probably build its first European plant in Czech Rep

May 15, 2014 | 10:44pm CEToriginal
One region has already approved the sale of land to the company. Location, the amount of investments, HR, clients, preparation and project timing, statements of the state representatives...
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SDA: Carmakers prepared concept for quality vehicle repairs in Czech Rep

May 14, 2014 | 12:19am CEToriginal
Details of the Fair-Play concept, signatories to the memorandum, the attitude of insurers and the UOHS, renewal of the commission for the automotive industry...
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CSU: Car prices in Czech Rep up m/m in April 2014

May 13, 2014 | 12:28am CEToriginal
While new cars became more expensive, the prices of used cars stagnated. Prices of servicing and spare parts went up. Detailed information, y/y development...
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Essox did not manage to appeal against fine in APR case, chief of Komercni banka became involved

May 11, 2014 | 10:19pm CEToriginal
Le Dirac'h approached the Ministry of Industry and Trade, which is not an appeals body though. Comments of stakeholders and an independent lawyer...
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Ales Stavjana left CzechInvest

April 15, 2014 | 11:39pm CEToriginal
In this agency for business and investment in the Czech Republic, he was in charge of the automotive and electronics industries. His new job, a tender for the successor...
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Czech Senate prepares renewal of part of its fleet

April 13, 2014 | 11:33pm CEToriginal
New cars will replace vehicles from the Volkswagen Group. Models and their age, details of the tender (number of vehicles, estimated price, timing)...
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CSU: Car prices in Czech Rep stagnated m/m in March 2014

April 10, 2014 | 12:43am CEToriginal
This applies to both new and used cars. Stagnation is also reflected in servicing. Detailed information, y/y development...
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Car Importers Association rejected allegations of Hyundai Motor Czech, called on it to apologize

April 9, 2014 | 01:54am CEToriginal
At the same, SDA sent its opinion to the Office for the Protection of Competition and the Motoring Journalists Club...
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CLFA wanted to resolve APR calculation with CTIA in 2010, inspection rejected meeting

April 9, 2014 | 01:40am CEToriginal
Reasons, preparation of the Consumer Credit Act, the history of negotiations between the two entities, the lack of uniform interpretation of the APR calculation within CLFA...
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Czech Trade Inspection checks three more instalment companies

April 7, 2014 | 02:36am CEToriginal
One of them is allegedly GE Money Auto. At the same time the inspection verifies their checks since 2013. Details, the number of Essox contracts with the wrong APR...
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Insurance companies to acquire data from vehicle registry in Czech Rep daily

April 7, 2014 | 02:26am CEToriginal
In 2013, they gained the data with delay, which could lead to unjustified demands for payment of liability insurance form former car owners. The new system, timing...
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Home Credit: Court to decide on correct calculation of APR

April 2, 2014 | 12:21am CEToriginal
In the event of failure, the company does not intend to claim potential damages to the state. However, Home Credit reportedly changed the method of calculating the APR two years ago...
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Roman Prorok became new client ombudsman at AAA Auto

March 31, 2014 | 11:40pm CEToriginal
He comes to the used car dealer from the state administration, while his predecessor Milan Smutny is heading for it...
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COI: Some credit companies in Czech Rep erred in calculating APR and instalments

March 31, 2014 | 11:15pm CEToriginal
According to the inspection, these are Essox and Home Credit. The fine, response of the companies, possible compensation, recommended procedure to the clients, working team of MPO...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
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Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, May 3, 2024