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Leasing of movables in Czech Rep down by 8.2% in Q1-3, consumer loans by 7.1%

November 8, 2010 | 04:11am CEToriginal
The number of contracts concluded, financial and operational leasing, fleet management, the individual segments (cars, LCVs, trucks, buses)...
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Rehak (Ceska pojistovna): Direct settlement with clearing center to be introduced in Czech Rep within one year

November 4, 2010 | 07:02am CEToriginal
It is now being discussed within CAP whether it will be in a legislative or non-legislative way. Liquidation companies falling out of the process, the situation in Europe...
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SDA: Sales of passenger cars in Czech Rep down by 7% in October, due to consumers

November 4, 2010 | 06:53am CEToriginal
Registrations of LCVs fell by 14.9% but went up for trucks and buses. The data are not cleared of re-exports though...
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Sales of commercial vehicles in EU rose by 13.7% in September, by 6% in Q1-3

November 1, 2010 | 04:31am CEToriginal
Registrations of heavy trucks rose by 20.4% in September, in Q1-3 they fell by 5.5%. The situation in individual countries and on the bus market...
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Car insurance market in Czech Rep decreased by 6% in Q1-3, accident insurance more than damage liability

October 27, 2010 | 05:57am CEToriginal
The number of insured vehicles grew by 98,000 units. Detailed results of insurance companies...
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Car production in Czech Rep up by 13% in Q1-3, should grow in coming years

October 20, 2010 | 01:26am CEToriginal
Skoda Auto increased production by 7.1%, Hyundai by 84.4%, Avia by 59.8% and Tatra by 5.9%. On the contrary, TPCA, SOR, Iveco and Tedom decreased production. Estimates of PwC, KPMG, TPCA...
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Renault Group significantly exceeding sales plans in Czech Rep in 2010

October 18, 2010 | 03:03am CEToriginal
While at the beginning of the year the carmaker expected a slight decrease, in Q1-3 it recorded double-digit growth. Registrations, sales, product news, estimates...
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Car sales in EU continues to decline due to scrap bonus, though growing in most countries

October 17, 2010 | 11:56pm CEToriginal
However, the major European markets have been forfeiting. Sales declined by 9.6% in September, by 4.3% in Q1-3. Results of Volkswagen and Skoda...
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Vosicky (Hyundai): Number of official importers re-export new cars registered in Czech Rep

October 15, 2010 | 04:19am CEToriginal
They seek to meet the business plans, at the same time to sell cars and preferably at a higher price. However, this distorts Czech statistics of registrations. Average re-exports and by individual brands...
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Sales of new cars in Slovakia rose for the first time after more than six months in September

October 8, 2010 | 05:14am CEToriginal
In Q1-3, sales showed a decline of about 30%, when adjusted for the effects of scrappage sales would increased at the same pace. Results in individual segments...
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PwC: Czech economy recovering moderately, sales of passenger, luxury cars and trucks rising

October 7, 2010 | 12:23am CEToriginal
However, sales in the Czech Republic are still below the pre-crisis year of 2008. The results for each segment in September and Q1-3...
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PARIS: Jahn (SAP, Volkswagen): Car production to grow to 5% in Czech Rep in 2010

October 4, 2010 | 12:48am CEToriginal
Global sales should rise by 7%, European fall by 6%, Czech stagnate. The automotive industry in the Czech Republic is now, according to Jahn, stabilized...
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Sales of commercial vehicles in Europe rose in summer, by 5.4% in July and by 10.1% in August

September 27, 2010 | 12:20am CEToriginal
From January to August 2010, sales grew by 4.9%. Compared to 2008 it was by 35% lower...
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Kofron Martin left SkoFIN to join KPMG

September 17, 2010 | 01:12am CEToriginal
This happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
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EU car sales dropped by 12.9% in August, by 3.5% over eight months

September 17, 2010 | 12:47am CEToriginal
Registrations of Volkswagen fell by 4.3% from January to August, of which the Skoda brand by 6.4%. On the contrary, the French carmakers have been showing good results...
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CLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans

September 16, 2010 | 01:20am CEToriginal
Reporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
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Direct prepared subsidized insurance for seasonal drivers and motorists operating in Czech Rep only

September 15, 2010 | 01:49am CEToriginal
The discount, excess for breaching the exception, the extension of bonus insurance free of charge, a navigation for CZK 1 in September for contracts over CZK 4,000...
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CLFA requires amendment of Consumer Credit Act, which has not come into force yet

September 15, 2010 | 01:26am CEToriginal
The reason is the inclusion of financial leasing in the law, which is beyond the EU directive and will bring complications to the leasing companies...
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Volkswagen Group has largest market share in Czech Rep, Germany is second

September 14, 2010 | 05:06am CEToriginal
In addition, it increased the share by 5 percentage points in H1. The Czech Republic is thus Volkswagen's second largest market in the CEE region. Detailed data of sales and registrations...
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CLFA: New Consumer Credit Act not to solve range of problems of gray financing

September 10, 2010 | 05:52am CEToriginal
The association calls for the tightening of conditions in consumer lending. Selected unfair practices and proposals for action...
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Sales of new cars in Slovakia fell by 20% in August, by 33% over eight months

September 9, 2010 | 12:57am CEToriginal
The decline is caused by the scrap bonus program in 2009. Sales of trucks keep growing while the buses are falling...
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Jiri Matula replaced Martin Kofron in CLFA management

September 9, 2010 | 12:41am CEToriginal
The vacant position of a vice chairman has been occupied by the long-time member of the CLFA Board, Blazena Valkosakova. The current personnel manning of the Board...
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CKP recovers more penalty charges from non-payers of damage liability

September 7, 2010 | 12:32am CEToriginal
Since January 2009, over CZK 200 million have been paid to the guarantee fund of CKP, of which in 2010...
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Sales of passenger cars in Czech Rep continues to stagnate, LCV in deep slump

September 6, 2010 | 12:02am CEToriginal
Trucks reported a 16.5% growth in August, however, buses dropped by 42.9%. Results for August and eight months in individual segments...
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SAP: Companies in automotive industry in Czech Rep continue in staff releasing, though moderately

September 5, 2010 | 11:48pm CEToriginal
However, the average wage of regular staff rose by a nearly double-digit rate in the y/y comparison. Details on the salaries in the automotive industry and the entire Czech economy...
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