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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
Scrap bonus got green light in Czech Rep; the House of Commons outvoted President’s veto
September 10, 2009 | 10:43am CEToriginalExactly 101 members have been voting for the law, which was the minimum of votes needed. If the government launches the scrap bonus, it will be valid to...
read moreUOHS re-included company Domansky to Lesy CR tender for 130 off-road cars, and it has won contract
August 27, 2009 | 10:37am CEToriginalOriginal winner, the company Autocentrum Pardubice, failed by a few thousand crowns only. UOHS continues dealing with other controversial tender of Lesy CR...
read moreKoenigsegg agreed with GM to purchase carmaker Saab
August 19, 2009 | 10:43am CEToriginalKoenigsegg will pay a very small amount of money for Saab because it will also take the carmaker’s old debts over. For a fixed period, Saab will share…
read moreCars sold on Czech market increased prices for the first time this year
August 17, 2009 | 07:10pm CEToriginalPrices of new as well as used cars increased m/m in July. Motorcycles became slightly cheaper, service works and spare parts...
read moreSaab sale to group of investors around Koenigsegg getting complicated
August 17, 2009 | 06:29pm CEToriginalOne of the investors has according to the Swedish press withdrawn his previous interest. Moreover, the Koenigsegg Group...
read moreMinistry of Transport closed 16 stations measuring emissions in H1 due to frauds
August 10, 2009 | 08:43pm CEToriginalCheats occur during emission measuring more often than at vehicle testing stations. The central information system proved good but interconnection with…
read moreFlemish government provided guarantees for credit from EIB to Volvo Car for production of new models S60 and V30
July 29, 2009 | 03:46pm CEToriginalAt the same time, the government expressed worries over liquidating Opel’s plant in Antwerp, which is intended by Magna and RHJ, too. Belgium is said to have offered Opel for modernization of the plant…
read moreEC allowed Fiat to take over share in US carmaker Chrysler
July 27, 2009 | 08:22pm CEToriginalThe transaction will according to the EC not interfere with the competition in the European Union, as Chrysler generates 90% of its turnover in North America. Moreover, the carmaker...
read moreCarmakers to be further able to sell cars exclusively at specialized dealers
July 22, 2009 | 10:39pm CEToriginalThe European Commission has proposed the exemption extension for another three years, namely until 2013. In the Czech Republic, the block exemption caused...
read moreFuel prices increased by 5.8% m/m in June
July 21, 2009 | 09:38pm CEToriginalAll fuel types went up compared to May, only LPG became cheaper. Specifically...
read morePrices of cars sold on Czech market stagnated m/m in June
July 21, 2009 | 02:28pm CEToriginalThis applies also to new cars, used vehicles and motorcycles became slightly cheaper. Service work and spare parts and accessories...
read moreEC approved state help for new plant of Daimler in Hungary
July 20, 2009 | 07:48pm CEToriginalDaimler intends to invest EUR 800 million in a new production capacity and to create 2,500 jobs. The state help will have the form of...
read moreEuropean Court of First Instance lowered Peugeot’s penalty for restriction of business practices
July 12, 2009 | 12:21pm CEToriginalPeugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...
read moreKlaus’ veto of scrap bonus condemned by carmakers, praised by economists
July 10, 2009 | 04:33pm CEToriginalAccording to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
read moreKlaus set veto on CSSD's anti-crisis packet including scrap bonus
July 10, 2009 | 01:41pm CEToriginalHis arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...
read moreDiscussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start
July 6, 2009 | 10:48pm CEToriginalTalks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
read morePetrol quality was the best last year in last seven years
July 1, 2009 | 03:15pm CEToriginalParameters were not accomplished by only 1.8% of the samples. The quality of diesel has deteriorated compared to 2007; it was found...
read moreEurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU
June 26, 2009 | 01:17pm CEToriginalThe scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
read moreCzech Senate approved anti-crisis packed including scrap bonus proposed by CSSD
June 18, 2009 | 08:59am CEToriginalAccording to specialists from PwC the scrappage scheme gives advantage to some brands and models only, it will affect future sales and contribute to another decline in used car prices...
read moreFiat obtained EUR 400 million loan from EIB for development of more eco-friendly cars
June 17, 2009 | 12:28pm CEToriginalFiat acquired the credit under the EIB's European Clean Transport Facility focusing on support...
read moreGeneral Motors confirmed Saab sale to small-lot manufacturer Koenigsegg
June 16, 2009 | 07:42pm CEToriginalBoth sides signed a preliminary agreement and the sale should be concluded by the end of Q3. The agreement supposedly contains...
read morePrices of transport manufacturers down by 0.1% m/m in May, up by 0.3% y/y
June 16, 2009 | 05:26pm CEToriginalTotally, prices of industrial manufacturers declined by 3.8% y/y in May which represents the most distinct year-to-year fall since...
read moreUOHS allowed US fund Platinum to take over company Alcoa Fujikura Czech as expected
June 16, 2009 | 12:18pm CEToriginalPlatinum has taken over the Czech producer of cable harnesses for cars by means of a Luxembourg company Project Del Holding...
read moreSpecialists do not like hiring agency staff instead of people dismissed from full-time employment
June 14, 2009 | 11:22am CEToriginalTherefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
read moreEC: Support of US carmakers could harm global trade
June 14, 2009 | 10:20am CEToriginalA confidential report of EC criticizes support of the carmakers General Motors and Chrysler, but also anti-crisis measures in some other states such as...
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