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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
Operating Sphere+Region
Hyundai stopped selling cars in Japan after eight years
January 4, 2010 | 02:24pm CEToriginalIt will be selling there commercial vehicles only in future. Since 2001, number of Hyundai cars sold in Japan reached...
read moreNew car sales in Britain up by 58% in November
January 4, 2010 | 01:27pm CEToriginalIt is therefore the fifth consecutive increase in a row. The result has been influenced by scrap bonus program but also by the effort of customers to avoid January VAT rise...
read moreRenault to launch low-cost off-road model Dacia Duster on European market in spring
January 4, 2010 | 12:27pm CEToriginalThe car will be initially produced in Romania, but later its production will be also launched in...
read morePSA and Mitsubishi aim to deepen cooperation
December 30, 2009 | 11:26pm CEToriginalStrategic partnership similar to Renault-Nissan alliance is in the game, but also a capital linkage of both companies. PSA might take a stake in Mitsubishi amounting up to...
read moreCCS: Fuel prices in Czech Rep remained almost unchanged last week
December 30, 2009 | 09:40pm CEToriginalNatural 95 went up by an average of 5 hellers to CZK 28.14/L, diesel decreased the price by...
read moreSkoda Electric to supply Sofia with 30 trolleybuses for CZK 370 million
December 30, 2009 | 09:19pm CEToriginalAlthough trolleybus sale of the Pilsner-based company is going to fall this year, revenues will rise due to the production of traction engines. Specific vision of 2009...
read moreVolkswagen Service Quality Award 2009: Autocentrum Elan has best Volkswagen car service in Czech Rep
December 29, 2009 | 09:54pm CEToriginalIt is the only Czech Volkswagen dealer, who fought its way into 100 winners in Europe, Russia and Turkey...
read moreMichelin aiming to increase tire production in Brazil, Russia, India and China
December 29, 2009 | 07:43pm CEToriginalProduction capacities of passenger tires will be doubled in these countries, truck tires...
read moreVolkswagen plans to invest EUR 19.9 billion between 2010 and 2012
December 29, 2009 | 07:00pm CEToriginalSimultaneously, the carmaker bought a factory of the German company Karmann in Osnabruck, and plans to start production of a new model there in...
read moreCar production decline in Britain slowed to 6.7% in October
December 29, 2009 | 05:56pm CEToriginalIt is the modest decline since the beginning of this year. In the first ten months, the production fell by...
read moreIIHS: Ford, Volvo, Subaru and Volkswagen being safest cars
December 28, 2009 | 10:36pm CEToriginalSix cars belonging to the carmaker Ford got onto the list of safest cars. Carmakers Subaru and Volkswagen...
read moreSales of Volvo trucks fell by 41% in October
December 28, 2009 | 10:30pm CEToriginalThe company has registered the biggest decline in Europe, on the contrary, the lowest sales’ drop was in North America and Asian countries. However, sales increased compared with September...
read moreCCS: Fuel in Czech Rep cheapening before Christmas, more moderately in Slovakia
December 28, 2009 | 10:24pm CEToriginalNatural 95 and diesel at Czech filling stations became cheaper by more than 10 hellers, specifically...
read moreIndebted Russian carmaker AvtoVAZ looks for partners and investors for its subsidiaries
December 17, 2009 | 01:21pm CEToriginalAvtoVAZ has already separated six companies from its key activities. Production of steel, industry instruments but also automotive components is concerned…
read moreCar sales in Russia dropped by 46% in November
December 17, 2009 | 12:51pm CEToriginalThe decline in sales slightly slowed down from 52% in October though. During January to November, the sales dropped y/y by…
read moreDusan Blasko from Volkswagen’s Czech representation retires
December 17, 2009 | 12:09pm CEToriginalIn leadership of VW’s division of commercial vehicles, Blasko will be replaced by Patrik Fejtek, current manager of used car sales. From January 1, the post will be occupied by…
read moreAxa does not intend to increase insurance rates from January 2010, to expand assistance services
December 17, 2009 | 01:57am CEToriginalThe reason is that Axa sets the insurance rate within damage liability according to engine power, and customers choosing new downsized engines…
read moreCSOB Leasing already informed clients on changes referring to increase in VAT rates
December 16, 2009 | 03:35pm CEToriginalThe change of VAT rates applies to all taxable payments from January 1, 2010 except for temporary arrangements for financial leasing...
read moreRenault and Dacia in December: Christmas discounts, guarantee of final price after VAT change, free damage liability during financing
December 16, 2009 | 02:50pm CEToriginalThe cheapest Dacia car is available for CZK 119,900 (Logan) and the cheapest Renault can be bought for CZK 154,900 (Twingo). Other models…
read moreManagement of Hyundai’s Czech plant agreed with trade unions, state of strike emergency terminated
December 15, 2009 | 11:27pm CEToriginalBoth parties will be solving other matters within collective negotiations. Moreover, employees should take part in a working Saturday on December 19 so that the company meets its production plan…
read moreCar sales up by 26.6% in Europe in November, down by 2.8% over 11 months
December 15, 2009 | 10:55pm CEToriginalScrap bonuses helped the growth. There is a distinct difference in registrations among Western and Eastern Europe…
read moreChinese company BAIC wants to produce cars under its own brand, bought technologies for older models from Saab
December 15, 2009 | 10:16pm CEToriginalGM is still looking for an investor for Saab; dutch sports car producer Spyker is interested in it, among others…
read moreConsumer Reports: Most reliable cars produced by Asian carmakers
December 15, 2009 | 07:17pm CEToriginalEight Asian brands have fought their way to the first tenth—Scion/Toyota, Honda, Hyundai, among others. Out of non-Asian brands, the following brands ranked among the Top 10…
read moreNissan’s Christmas special offer in Czech Rep: Clearance sale of stock for selected models with big discount
December 15, 2009 | 06:40pm CEToriginalThe models Qashqai, Note, X-Trail and Navara are available for lower prices until December 21. The prices of the models in the special offers start at…
read moreInsurance companies in Czech Rep: Number of attempts at frauds due to economic crisis on rise
December 15, 2009 | 06:10pm CEToriginalThe number of insurance frauds exposed has already exceeded the level over the year 2008. Events related to motor vehicles still outweigh…
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SELECTED FLASH NEWS
Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
Cebia establishes cooperations with automakers in field of motor vehicle approval process...
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Certina Group acquired PAL (manufacturer of wipers for Volkswagen, Škoda Auto, Audi, SEAT...
Jaguar Land Rover started publishing in car configurators in some countries (UK) delivery...
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Czech antitrust authority imposed fine on two car dealers for cartel
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King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
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1 EUR = 1.08 USD
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Source: ECB, May 17, 2024