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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
Institutions
SDA, SAP agree to transfer part of money for environmental disposal of car wrecks elsewhere
June 9, 2011 | 01:16am CEToriginalIn 2010, two thirds of finances were not used. Statistics on receiving money from the environmental tax in the Czech Republic (the fee for re-registration of a used car)...
read moreCzech Rep intends to change rules for veteran cars
June 6, 2011 | 05:11am CEToriginalIt aims to tailor the age limit and testing method for the recognition of veteran vehicles. This would mean changes to the environmental taxes and liability insurance...
read moreCzech delegation to go to address Australian companies from automotive industry in July
June 1, 2011 | 05:00am CEToriginalCzech representatives will take part in the conference of Australian Automotive Week 2011 and several workshops at local universities. Details...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read moreSpyker agreed to rescue Saab with another Chinese investor, car distributor Pangda
May 16, 2011 | 09:54pm CEToriginalHowever, the transaction must be approved by a number of institutions and GM. Details of the investment worth EUR 110 million from a Chinese company, which gained IPO in April...
read moreCar prices in Czech Rep down by 0.4% m/m in April
May 12, 2011 | 02:08am CEToriginalUsed cars became cheaper than the new ones. Prices of spare parts and service work stagnated. Detailed information, including a y/y comparison...
read moreCzech Rep wants to expand number of cars to which environmental tax applies
May 12, 2011 | 02:02am CEToriginalThe tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
read morePromet bought Tawesco subsidiary from Tatra
May 10, 2011 | 10:39pm CEToriginalProfile of both companies, including customers, the reasons for the transaction from the perspective of Tatra and Promet, a consulting company in the acquisition...
read moreSDA, importers: Re-exporting cars within EU is legitimate and economically justified behavior
May 5, 2011 | 07:59am CEToriginalIn addition, Hyundai allegedly re-exports cars as well. ACEA and the EC work with the first car registrations. The price war in the segment of smaller models in the Czech Republic...
read moreHawtai Motor to buy 30% of Spyker Cars and help with financing and expansion of Saab
May 4, 2011 | 04:14am CEToriginalSaab will also gain a partner to enter China, Hawtai technologies and international sales network. Details of the investment...
read moreOdometer downsizing to be offence in Czech Rep, fine of up to CZK 10 million
May 2, 2011 | 01:37am CEToriginalMinistry of Transport graduated the sanctions. The availability of MOT database, logging mileage to a technical card...
read moreSwedish debt office allowed Vladimir Antonov to acquire stake in Spyker Cars
April 29, 2011 | 07:43am CEToriginalThe businessman’s investment must also be approved the Swedish Government, EIB and GM. The amount of the investment, a stake in Spyker...
read moreConPro organizing conference Mobility Forum in Prague in mid-May
April 27, 2011 | 03:09am CEToriginalAt the event there will be representatives of companies Arthur D. Little, Tili Czech Republic, RWE Transgas, PRE, CEZ, MasterCard, Prazska plynarenska or TUV Sud...
read moreCar prices in Czech Rep dropped by 0.7% m/m in March
April 21, 2011 | 03:21am CEToriginalNew cars became cheaper more than the used ones. Prices of spare parts fell, while prices of service work stagnated. Detailed information, including y/y comparison...
read moreIrisbus Iveco plans to expand production in Czech Rep for urban low-floor buses
April 18, 2011 | 04:05am CEToriginalThe Czech plant will open a new hall and create hundreds of jobs. The planned investment, the impact on production in Italy...
read moreSaab received approval from Swedish government to sell its property
April 18, 2011 | 03:46am CEToriginalValue of the loan from the EIB will then fall from EUR 400 million to EUR 280 million. The carmaker also plans to sell its factory in Sweden to the hands of...
read moreShape opened its first European plant in Czech Rep
April 4, 2011 | 02:51am CEToriginalThe reason is better customers’ satisfaction in Europe. Location, character and capacity of production, the gradual increase in production, HR, seeking local suppliers...
read moreCar prices in Czech Rep fell by 0.3% m/m in February
March 28, 2011 | 03:09am CEToriginalNew cars became cheaper, used cars remained on the January prices. The prices of spare parts and repair works increased. Detailed information, including the y/y comparison...
read moreVolvo Car aims to invest up to USD 11 billion by 2015, large amount in China
March 10, 2011 | 12:24am CEToriginalThe carmaker is going to build its first plant there and is considering other. Investment financing, other regions of interest, projected sales growth...
read moreEC is allegedly investigating unfair agreements between truck manufacturers in Europe
March 7, 2011 | 10:39pm CEToriginalThey should relate not only to prices, but also to delivery dates. It is said that the cartel was announced by the German company...
read moreCar prices in Czech Rep down by 0.1% m/m in January
February 16, 2011 | 05:19am CEToriginalNew cars remained on the December prices, used cars became cheaper. The prices of spare parts and repair works increased. Detailed information, including y/y comparison...
read moreEP approved CO2 levels for vans until 2020
February 16, 2011 | 05:04am CEToriginalAt the same time, MEPs have approved penalties for excessive emissions and bonuses for green cars. Details of the new legislation...
read moreIIR holding E-mobility conference in Prague in late March
February 14, 2011 | 02:59am CEToriginalThe first annual event will focus on the development of e-mobility in the Czech Republic, pilot projects and visions, examples from abroad. The speakers...
read moreCzech government aims to establish limits of fuel consumption for cars purchased by authorities
January 24, 2011 | 05:07am CEToriginalIt has prepared limits of consumption for each performance category and types of fuel. Details of forthcoming conditions for tenders, the relevant authorities...
read moreCzech Republic to join project of emergency calls from car eCall, Transport Ministry announced tender
January 21, 2011 | 01:05am CEToriginalThe value of the contract, deadline for applications, target of the EU, the consequences for countries that will not join the system...
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Source: ECB, May 17, 2024