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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
Usage in the company
AAA Auto got to profit along with downturn of revenues by 46.3% in Q1-3
November 27, 2009 | 03:55pm CEToriginalCar sales went down by 41.6% to 29,226 cars in Q1-3 due to shutting down foreign branches and the economic recession. The number of cars sold in Q3 declined by 36.2% to…
read moreHead of GM Europe: Future of Opel’s plant in Belgium uncertain
November 27, 2009 | 02:01pm CEToriginalIn the plant in Antwerp Opel produces model Astra. Within Opel’s restructuring, about 9,000 employees should leave; out of that in Germany…
read moremmotion09 began in Prague on Thursday, organizers expect over 20,000 visitors
November 27, 2009 | 12:28pm CEToriginalFor the first time in the Czech Republic Infinity, Bentley Continental Supersports and Ferrari California cars can be seen there but there will also be oldtimers and helicopters. The next year…
read moreToyota Motor to repair 4 million cars due to accelerator pedal in USA under pressure of authorities
November 27, 2009 | 01:48am CEToriginalThe event considers the best selling models Toyota Camry and Prius, as well as Toyota Avalon and Lexus ES350. For models produced since 2010...
read moreDaimler wants to increase its share in Kamaz to 25% from current 10%
November 26, 2009 | 05:34pm CEToriginalTroika Dialog holds a 44% share in Kamaz and is willing to sell a part. Both companies are now negotiating the price which could reach…
read moreElectric car producer Tesla Motors reportedly considers entering stock exchange
November 26, 2009 | 03:35pm CEToriginalThe carmaker would thus follow producer of lithium-ion cells A123 Systems. The interest in IPO begins waking up slowly…
read moreTata Motors increased net profit by 110% in Q3 along with growth of revenues by 13%
November 26, 2009 | 02:41pm CEToriginalThe data do not include its problematic division Jaguar Land Rover. The volume of sales went up by 17% in Q3. Regarding small car Nano, the carmaker have already delivered...
read moreBAIC could be interested in some Saab's assets
November 26, 2009 | 04:10am CEToriginalThe Chinese company, which was supposed to participate in taking over Saab by carmaker Koenigsegg, wants to strengthen its activities in…
read moreGeneral Motors reputed to cut 8,700 jobs in Opel only
November 26, 2009 | 12:56am CEToriginalThe head of GM Europe has talked of cutting 9,000 to 9,500 jobs so far. Opel has around 85 suppliers in the Czech Republic…
read moreScania’s operating profit down by 81.6% in Q3, less than expected by analysts though
November 25, 2009 | 06:32pm CEToriginalOrders for new cars were going up due to Western European market stabilizing and have exceeded the level of deliveries. In particular…
read morePorsche initiated advantageous service program for owners of more than seven-year old car in Czech Rep
November 25, 2009 | 06:19pm CEToriginalThose can avail of a care of brand Porsche Centers in Prague and Brno and they will also receive a 20% discount for spare parts and a lower hourly rate…
read moreAAA Auto prepared program of car fleet optimization for small and mid-sized companies
November 25, 2009 | 05:17pm CEToriginalIt offers them to buy out a car from leasing or credit, car fleet reduction and replacing cars with smaller ones. AAA Auto wants to increase sales to entrepreneurs…
read moreGerman called upon other countries not to help Opel
November 25, 2009 | 04:42pm CEToriginalThe German government did not consider helping the carmaker by itself originally. The separate states are reportedly offering Opel a help amounting to…
read moreBenteler to purchase automotive division from Norwegian group Hydro
November 24, 2009 | 11:46pm CEToriginalHydro Automotive Structures will join Benteler Automobiltechnik division. The transaction includes Hydro’s activities in the Czech Republic as well…
read moreGeneral Motors did not manage another sale, Koenigsegg lost interest in Saab
November 24, 2009 | 10:09pm CEToriginalGM will be discussing the fate of the Swedish division in a week. GM is reportedly not negotiating with other clients either. The carmaker Saab is threatened by a loss…
read moreErnst & Young: Return of sales to level before crisis does not have to mean improvement
November 24, 2009 | 08:49pm CEToriginalConsumers currently tend to buy smaller and cheaper models for which there are smaller margins during production and sale as well…
read moreCustoms administration in Hradec Kralove found fake spare parts for Skoda cars
November 24, 2009 | 07:07pm CEToriginalThe institution will be investigating origin of the forged bonnets, front masks and headlights. By monitoring the customs officers for forged goods found…
read moreCCS: Prices of driving fuels stagnated in Czech Rep and Slovakia last week
November 23, 2009 | 10:28pm CEToriginalPetrol Natural 95 became slightly cheaper; the price of diesel went up slightly. In the following days due to weakening of Czech koruna…
read moreCurrent prospective buyers of Nissan GT-R in Czech Rep to wait for it several months only
November 23, 2009 | 03:51pm CEToriginalExclusive distributor for Czech market Auto Palace Vysocany can now satisfy several customers with deliver time in Q1 2010, particularly...
read moreVolkswagen separated Internet presentation of cars from LCVs in Czech Rep
November 23, 2009 | 02:40pm CEToriginalThe aim is to make Volkswagen Commercial Vehicles more visible and at the same time to target advertising campaigns better. There are three new sections on both websites...
read moreFord wants to invest USD 2.26 billion in increasing production capacities in Brazil
November 23, 2009 | 01:52pm CEToriginalCar sales in Brazil should go up to a record volume this year. Local association of car dealers expects the sales to grow in 2010 as well by...
read moreCrown syndicate to bid for carmaker Volvo Car this week
November 23, 2009 | 12:13pm CEToriginalFord has already been negotiation a sale of Swedish divions with the syndicate led by Chinese company Geely, which is offering Volvo...
read moremmotion09: Super sports cars Ferrari and Maserati also to arrive at show
November 23, 2009 | 11:23am CEToriginalSimultaneously with mmotion, art & interior exhibition and brand new MediArt fair of plastic and aesthetic surgery will be held. At mmotion09 Scuderia Praha will be showing cars...
read moreNo scrap bonus in Czech Rep probably, CSSD backing out of it, government not planning it
November 23, 2009 | 10:23am CEToriginalThe Automotive Industry Association opposes with necessary steps to speeding up renewal of car fleet with respect to ecology and traffic safety again…
read moreSkoda Auto suspended some new projects, some of them to fall behind
November 22, 2009 | 06:43pm CEToriginalThe priority is to produce cheap and low-cost models now. A cheap middle class sedan will arrive after a mini car from Bratislava whereas the Octavia third generation and MPV will fall behind…
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