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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
Vehicle Segment
EPS sued BMW and Mitsubishi for information on fuel consumption and CO2 emissions in adverts
June 2, 2009 | 08:09pm CEToriginalIt is said that importers are stating these data in its promotional materials unclearly. The problem, according to the EPS, this problem applies to other brands...
read moreNew orders from Volkswagen and Skoda filled production capacity of Czech plant of SaarGummi
June 2, 2009 | 06:36pm CEToriginalThe company is now investing in a new production technology in order to start delivering prototypes of sealing for an upcoming car…
read moreAAA Auto's results after audit for 2008: Loss higher by EUR 4.4 million
June 2, 2009 | 04:31pm CEToriginalThe company deepened its loss to EUR 32.4 million. The increase of the loss against premises was caused mainly by...
read moreWaste business saved by car wreckages
June 2, 2009 | 01:23pm CEToriginalFor only the last month the authorities received tens of applications for scrap yard constructions or their extensions. Altogether there are...
read moreItalian plant of Fiat in Melfi ceased production due to suppliers’ strikes
June 2, 2009 | 11:32am CEToriginalDaily production of the plant has thus declined by almost 1,500 cars. For a week employees of the companies…
read moreMotor petrol Special to quit soon at filling stations in Czech Rep
June 2, 2009 | 10:18am CEToriginalSpecial 91, which constitutes only 1% of home fuel consumption presently, is planned to be withdrawn from the filling stations…
read moreSpain's scrap bonus lowered drop of new car sales in May
June 2, 2009 | 09:54am CEToriginalSales of new cars in Spain declined by 37.8% in May which represents the 13th fall in a row. However the decline in April was...
read moreGeneral Motors filed for bankruptcy today as expected
June 1, 2009 | 11:03pm CEToriginalThe restructured company will manufacture fewer components so that it will be possible to use them in more models. Czech market...
read moreCourt approved assets sale of American Chrysler to Italian Fiat
June 1, 2009 | 10:52pm CEToriginalChrysler has therefore averted the threat of liquidation. In response, the group of minority shareholders, however, appealed...
read moreRussian carmaker GAZ may start series production of Opel cars in 9 months
June 1, 2009 | 07:35pm CEToriginalThis is of course subjected by a final agreement of GM and Magna. GAZ might start the production in Nijninovgorod plant…
read moreVolvo Car to launch plug-in hybrids on market in 2012
June 1, 2009 | 07:23pm CEToriginalThe Swedish energy company Vattenfall will develop an electric technology for the electric car. Vattenfall signed with the carmaker an agreement on...
read moreTrade fair Motorcycle to move to Brno in 2011
June 1, 2009 | 07:02pm CEToriginalThe company Veletrhy Brno has won the tender for this event’s organizing. A new pavilion at the Brno Exhibition was the primary benefit, but also...
read moreVolvo AB abolished plan to dismiss 600 employees of Powertain division
June 1, 2009 | 12:23pm CEToriginalThis division focuses on the production of engines and transmissions. The company has agreed with unions to reduce salaries by 8% and the working hours by…
read moreScrap bonus cheered up car sales in Great Britain
June 1, 2009 | 10:41am CEToriginalThe buyers order all types of passenger cars including the London cabs. In May due to the scrap bonus…
read moreOther plants of Skoda Auto/Volkswagen might grow in South-East Asia and Middle East
May 31, 2009 | 09:38pm CEToriginalHow to ensure another growth of Volkswagen and simultaneously protect European working places: To produce in Europe, assemble on the emerging markets such as…
read moreBratislava announced competition for purchase of joint buses
May 31, 2009 | 07:34pm CEToriginalThe transport company has announced the first tender now and approved two more tenders this week. In terms of its fleet’s renewal, the company would like to obtain in overall…
read moreAAA Auto postponed opening of new branch in Liberec
May 31, 2009 | 06:30pm CEToriginalThe company is now cautious but it does not exclude opening of new car centres at the end of this year. In Russia AAA Auto is in contact with...
read moreTatra to dismiss around 450 employees till end of summer
May 31, 2009 | 01:39pm CEToriginalThe company fell in loss of CZK 712 million last year which is a year-to-year drop of the economic results by CZK 1.6 billion. The revenues were though growing...
read moreCzech plant of Hyundai signed first collective agreement with employees
May 30, 2009 | 04:24pm CEToriginalThe agreement is valid for a period of two years. Wages in the Nosovice-based plant of Hyundai will grow by 6.5% on average in 2009; in 2010...
read moreKoenigsegg, Fiat and Renco among clients interested in Saab
May 30, 2009 | 04:01pm CEToriginalKoenigsegg and Renco Group, owned by the financier Ira Rennert, have the highest chances. Simultaneously, the court extended Saab's bankruptcy protection till...
read moreAutomotive supplier Magna is likely to acquire German carmaker Opel
May 30, 2009 | 03:42pm CEToriginalGeneral Motors, Magna and the German Government preliminary agreed. Fiat is currently not participating in negotiations, but...
read moreSkoda Octavia third generation to come in 2011 or 2012
May 30, 2009 | 03:08pm CEToriginalSkoda Auto wants to introduce two new models each year. In 2009 it will be Yeti and Superb Combi, in 2010 facelift of Fabia and Roomster models, in 2011...
read moreAAA Auto posted net loss of EUR 880,000 in Q1, in the Czech Rep and Slovakia profit
May 30, 2009 | 12:29am CEToriginalRevenues due to abandonment of the three foreign markets fell by 54.3%. The company aims to reach a consolidated net profit in...
read moreCreditors of General Motors agree with new proposal for exchange of obligations for stocks
May 29, 2009 | 10:25am CEToriginalNone the less, the carmaker intends to ask for protection against creditors. The bankruptcy should last…
read moreSlavia pojistovna to offer insurance Krystof to damage liability free of charge for one year
May 29, 2009 | 09:52am CEToriginalThe client will thus save CZK 1,500 and if he/she drives without offences in the following years, he/she will be offered a discount...
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Source: ECB, May 20, 2024