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Direct Group/Family (Insurance, Auto, Birne, Fidoo, Fondee, Investments, Foundation, Technologies): Lukáš Černo to move within group, focusing on projects within investment division. Pavel Prouza appointed as new director of Birne (flexible operational leasing, Try and Buy 6-month rental with option to buy, Rent car rental – Kia, Toyota, Škoda, Volkswagen, Fiat, Mazda, Mitsubishi, MG, BMW, Hyundai, Volvo) on August 1, coming from FlixBus
August 7, 2025 | 12:52pm CETflashread more
KBA: New car registrations in Germany up by 11.1% in July (motorcycles -7%; buses +39.5%; vans/trucks +10.2%; trailers -1.3%). Electric vehicle sales grew by 66.4% to 75,811 units (48,614 BEVs +58%, 27,197 PHEVs +83.6%), representing share of 28.6% (18.4+10.3%)
August 7, 2025 | 12:41pm CETflashread more
Sales of new light vehicles in USA grew in July (J.D. Power/GlobalData: +7.4%; Cox Automotive: +1.2%, +6.6% after revision; S&P Global Mobility: +3.1%). Interpreting gain requires care due to events both last year (dealer software outage) and this year (tariffs) that disrupted normal monthly sales patterns, King (J.D. Power) said
August 7, 2025 | 12:26pm CETflashread more
ACEA: New electrified vehicle registrations in Europe (EU+EFTA+UK, 31 countries) up by 19.1% to 4.17 million MHEVs, HEVs, PHEVs, BEVs in H1, while internal combustion engine (ICE) car sales down by 21.7% to 2.65 million units (petrol, diesel, NGVs/CNG, LPG, biofuel/ethanol, including non-ICE FCEVs)
August 6, 2025 | 10:40am CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 24.9% to 1.79 million units (1.19 million BEVs, +25%; 597,588 PHEVs, +24%) in H1, representing 26.1% share in total registrations (penetration, +5.3 pp). Tesla Model Y (68,801 cars, -33%) was best-selling battery electric vehicle (BEV), followed by Volkswagen ID.4 (40,335, +38%), Tesla Model 3 (39,864, -33%), VW ID.7 (38,113, +573%), VW ID.3 (37,421, +29%), Kia EV3 (35,023, new), Renault 5 (34,206, new), Škoda Elroq (34,076, new), Škoda Enyaq (32,806, +38%) and BMW iX1 (31,337, +27%). Overall BEV market led by Volkswagen (135,427, +78%), Tesla (109,262, -33%), BMW (94,658, +15%), Audi (74,561, +53%), Škoda (71,789, +147%), Renault (64,402, +58%), Kia (55,915, +60%), Mercedes (55,428, +5%), Volvo (49,219, -32%) and Hyundai (46,380, +33%)
August 6, 2025 | 10:27am CETflashread more
The Climate Pledge: Initiative to achieve net-zero carbon (CO2) emissions by 2040 (10 years ahead of Paris Agreement’s goal of 2050) co-founded by Global Optimism and Amazon joined by 565 companies in 46 countries since 2019 – Mercedes-Benz, Schneider Electric, Siemens, Henkel, Rivian, Uber, Johnson Controls, LeasePlan, Lime, Philips, EV Private Equity, Scania, Deloitte, Omni Logistics, Jungheinrich, Iveco Group, Hyzon Motors, Maersk, Austrian Post, Mahindra Logistics, VinFast, Wallbox, Bpost, Qualcomm, SRO Motorsports Group, PwC, McKinsey & Company, Ontime Logística Integral, Royal Mail, Mercedes-AMG Petronas F1 Team, Posten Bring, Capgemini, InPost, EVM Evolution Mobility, Zero Petroleum, Pegasus Logistics Group, JoyRide Logistics, EZVolt
August 4, 2025 | 12:22pm CETflashread more
SMMT: Vehicle production in UK down by 6.5% y/y to 69,006 in June, of which 66,317 cars (+6.6%) and 2,689 commercial vehicles (-76.8%; buses, coaches, vans, trucks, taxis). Manufacturing down by 11.9% to 417,232 in H1, of which 385,810 cars (-7.3%) and 31,422 commercial vehicles (-45.4%)
August 4, 2025 | 12:11pm CETflashread more
AutoSAP: 28,089 (passenger) electric vehicles produced in Czechia in June and 147,032 in H1 (+137.5%; 21,734 and 114,180 battery electric vehicles, +149.8%; 6,355 and 32,852 plug-in hybrids, +102.8%), of which 28,055 and 146,783 cars (+137.2%; Škoda: 18,214 and 93,416 BEVs, +238.7%, 2,406 and 14,700 PHEVs, +180.9%; Hyundai: 3,486 and 20,515 BEVs, +13.3%, 3,949 and 18,152 PHEVs, +65.5%) and 34 and 249 buses (SOR: 7 and 29 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 27 and 220 BEVs)
August 4, 2025 | 12:05pm CETflashread more
JATO Dynamics: Sales of Chinese-owned Western car brands in Europe (28 countries) fell by 6.6% to 39,163 new cars in June (H1: -11% to 200,454), representing market share of 3.1% (-0.1 pp y/y; H1: -0.3 pp to 2.9%). Registrations of Chinese brands increased by 63% to 70,832 vehicles (+91% to 347,135), representing market share of 5.7% (+2.3 pp y/y; +2.4 pp to 5.1%)
August 1, 2025 | 02:20pm CETflashread more
ACEA: New commercial vehicle registrations in EU fell in H1 (vans -13.2% to 729,127; trucks -15.4% to 155,367; buses+coaches -4.4% to 18,123), individual fuel/power types successful differently (BEV+PHEV: +42.1%, +46.1%, +26.1%; HEV+MHEV: +7.1%, -58.2%, -35.5%; FCEV+NGV+LPG+biofuel/ethanol: -48.5%, -5.3%, -9.1%; petrol: -29.8%, -40.3%, 0 units; diesel: -15.6%, -17%, -6.7%)
August 1, 2025 | 02:11pm CETflashread more
AutoSAP: Car production in Czechia up by 11.4% y/y to 136,268 in June, down by 3.5% to 747,428 in H1 (Škoda+SEAT/Cupra +22.3%, +1.5% to 480,771; Hyundai -5.1%, -14.6% to 150,240; Toyota -4.3%, -6.7% to 116,417). Buses (Iveco +35.9%, +27.2% to 2,616; SOR -12.8%, -31.6% to 130; Škoda Electric 0 units, 0 units), motorcycles (Jawa -69.9%, -47% to 351), trucks (Tatra n/a, -33% to 550), trailers (Agados n/a, -3.7% to 8,236; Schwarzmüller n/a, +3.1% to 835; Panav n/a, -14.7% to 232) successful differently. Reaching three-quarter million vehicle production mark and significant June increase in production in passenger vehicle segment confirm return to values that entitle us to optimistic view of second half of year. Dynamics in electric vehicle segment, which recorded year-on-year increase of more than 130%, stand out even more significantly. June also became record month in production of passenger electric vehicles – compared to previously record-breaking April, we recorded almost thousand more vehicles, Jahn said. Electric car production increased by 148.6% to 28,055 BEVs and PHEVs in June (+137.2% to 146,783 in H1), while internal combustion engine (ICE) car manufacturing decreased by 2.6% to 108,213 units (-15.7% to 600,645)
August 1, 2025 | 02:03pm CETflashread more
Car (Opel Grandland X Hybrid4 PHEV) caught fire in workshop of Kia showroom of Auta s.r.o. (Kia, Nissan, MG, Opel, Isuzu dealer, Mitsubishi service in two locations in Příbram, Czechia) on July 24, probably caused by technical fault, Fire Rescue Service (HZS) said. Fire caused damage estimated at CZK 3.5 million (EUR 140,000). No one injured
July 30, 2025 | 12:57pm CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 22.5% to 359,598 units (240,247 BEVs, +15%; 119,351 PHEVs, +40%) in June, representing 28.7% share in total registrations (penetration, +6.3 pp). Tesla Model Y (23,821 cars, +0%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (10,849, -48%), Škoda Elroq (9,679, new), Renault 5 (6,919, new), Volkswagen ID.3 (6,822, -29%), VW ID.4 (6,363, -12%), BMW iX1 (6,342, +32%), VW ID.7 (5,773, +322%), Škoda Enyaq (5,686, +12%) and Kia EV3 (5,211, new). Overall BEV market led by Tesla (34,722, -23%), Volkswagen (22,842, +11%), BMW (18,280, +17%), Škoda (16,239, +187%), Audi (13,828, +43%), Renault (12,892, +25%), Mercedes (10,096, +19%), Volvo (9,649, -28%), Hyundai (9,229, +35%) and BYD (9,153, +132%)
July 30, 2025 | 12:49pm CETflashread more
Changes
New Louwman’s Lexus centre in Prague is temporary solution, company to build showroom from scratch
September 14, 2009 | 09:26pm CEToriginalThe current showroom in Prague 5 - Smichov is an adaptation of the existing building and its capacity would not be suitable in future. Louwman is now choosing...
read moreHyundai prepares expansion of transmission production in Nosovice
September 14, 2009 | 07:35pm CEToriginalThe second hall of the transmission operation will have the same capacity as the existing one. This action will require a large part of the planned investment for the next two years...
read moreManagement of leasing company SkoFIN slimmed in summer
September 14, 2009 | 06:17pm CEToriginalStefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...
read moreMann+Hummel expects further expansion of its plant in Czech Rep
September 14, 2009 | 05:50pm CEToriginalConstantly strengthening aftermarket and original spare parts segment as well as new orders from carmakers will quickly fill the production capacity of plant...
read moreCredium became next partner in field of Kia dealer network wholesale financing in Czech Rep
September 14, 2009 | 04:56pm CEToriginalThe company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
read moreChinese carmaker BAIC to enter Koenigsegg, helping with Saab’s takeover
September 14, 2009 | 01:49pm CEToriginalBAIC is going to acquire a minority stake in Koenigsegg. Koenigsegg should be helped with the financing of Saab’s acquisition by other Chinese carmaker...
read moreMinistry of Defence purchased further 25 vehicles for CZK 100 million from Tatra
September 14, 2009 | 01:17pm CEToriginalIt is a delivery of vehicles outside the initially concluded contract from 2006 including 556 cars for CZK 2.6 billion. Moreover, Tatra gave a few cars for free to the Army...
read moreAvia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreLouwman began to sell Lexus cars in Czech Rep, opening showroom in Prague 5
September 13, 2009 | 08:31pm CEToriginalThe new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…
read moreGeneral Motors to sell majority share in Opel to consortium Magna/Sberbank
September 11, 2009 | 09:48am CEToriginalMagna and Sberbank will acquire a 55% share, Opel employees 10% share and 35% will remain to GM. Magna foresees a strong growth of Opel, especially in...
read moreHyundai to start building its third factory in China in early 2010
September 10, 2009 | 04:27pm CEToriginalHyundai has an annual production capacity of 600,000 cars in China at present, planning to sell 500,000 cars there this year. The new plant will increase capacity to...
read moreChinese carmaker Geely interested in takeover of passenger cars manufacturer Volvo Car
September 10, 2009 | 12:10pm CEToriginalHowever, it is clear from the statement of the Geely Automotive CEO that Ford is not offering to sell Volvo now...
read moreCar sales in Russia slackened drop to 54% in August
September 10, 2009 | 11:37am CEToriginalThe decline reached 58% in July. For the first eight months, the car demand drop in Russia has knocked the local sale by...
read moreScrap 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 moreCSOB Leasing: Businessmen using short financial leasing
September 9, 2009 | 10:39pm CEToriginalFor a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...
read moreMann+Hummel’s turnover to fall by 5% in Czech Rep in 2009, possibly increasing again in 2010
September 9, 2009 | 07:58pm CEToriginalThe company has now enrolled 30 people for the filters’ production in Nova Ves. Constantly enhancing aftermarket and new projects should increase the turnover in 2010 to...
read morePassenger car sales in China rose by 90% in August, by 29% since beginning of year
September 9, 2009 | 04:19pm CEToriginalOverall, it has been sold 8.33 million vehicles for the first eight months. China has therefore kept leading before United States, where the sale reached...
read moreToyota sees revival of global car sales
September 9, 2009 | 11:10am CEToriginalTherefore, the company will employ 800 agency staff in Japan, who will increase the number of employees to more than 2,000. Most of them will join the plant which manufactures...
read moreNew car sales in Britain increased by 6% due to scrap bonus in August
September 8, 2009 | 10:08pm CEToriginalIt was a second growth in two months. Ford Focus became the best selling car in August. It has been followed by another Ford model…
read moreSuzuki to build new plant in India replacing another outdated factory
September 8, 2009 | 08:40pm CEToriginalThe new plant will have production capacity around 250,000 cars per year; the overall capacity of the carmaker in India…
read moreVolkswagen to increase welding and assembly halls’ capacity due to upcoming model Up! in Bratislava
September 8, 2009 | 11:45am CEToriginalThis might increase the plant’s production capacity to 400,000 cars by 2012. Welding shop capacity is going to increase this year already...
read moreFrance to provide scrap bonus next year as well, lower though
September 8, 2009 | 10:58am CEToriginalEcological bonus of EUR 200 to 700 for purchase of environmentally friendly cars will be offered after 2010 as well. Since January 1, 2010, scrap bonuses will be lowered to…
read moreOpel and Chevrolet brands to separate in GM, whatever happens to German carmaker
September 7, 2009 | 11:45pm CEToriginalOpel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...
read moreFormer Opel and Chevrolet showroom in Svitavy to be auctioned for second time in October
September 7, 2009 | 11:19pm CEToriginalThe first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...
read moreDeripaska: Russian carmaker GAZ has no interest in Opel share
September 7, 2009 | 10:35pm CEToriginalThere were information last week that GM is not going to sell its German division in order to prevent Opel technology falling into the Russian hands. However, GAZ offers...
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