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VDA raised 2026 German new electric car sales forecast by 91,000 units from 979,000 (+17%) to 1.07 million BEVs and PHEVs (+25%), based on development to date (M1-5: +32%). Furthermore, subsidies for electric cars – available for application since May 19 – are slowly beginning to take effect, association added
June 30, 2026 | 07:56am CETflashread more
GlobalData: Global new light vehicle sales down by 4% to 7.24 million units in May
June 30, 2026 | 07:49am CETflashread more
Benchmark Mineral Intelligence (Rho Motion): Global new electric vehicle (EV) sales grew by 3% to 1.8 million passenger cars and light-duty vehicles (LDVs/LCVs) in May, by 0.9% to 7.5 million in first 5 months – China: 0.99 million (-9%) and 3.9 million BEVs+PHEVs (-15%), Europe (EU & EFTA & UK): 0.42 million (+23%) and 2 million (+26%), North America (USA & Canada & Mexico): 0.12 million (-26%) and 0.58 million (-25%), Rest of World (RoW): 0.25 million (+80%) and 1.1 million (+89%)
June 30, 2026 | 07:42am CETflashread more
Aures Holdings sold record more than 47,000 used vehicles in first 5 months at AAA Auto and Mototechna car centers
June 30, 2026 | 07:36am CETflashread more
Automotive Europe 2026: Reuters Events to hold conference on automotive industry in Frankfurt, Germany on June 30 – July 1, focusing on software defined vehicles (SDVs), supply chain and manufacturing, artificial intelligence (AI). Representatives of Smart Europe, Lynk & Co, Volvo Cars, Hyundai Motor Europe, Hyundai Connected Mobility, Chery, Ampere Cars/Renault, Nissan, Nio, VinFast, Volkswagen Group, Audi, Cariad, BYD, Mercedes-Benz, Stellantis, Shell, JATO, Publicis Sapient, Ascentt, Madox Square, P3, Autobrains, BeyondMath, Berghof Foundation, Telenor IOT, Counterpoint Research, Aumovio, Allnex, Cox Automotive Europe, Bosch, CATL, Women Automotive Network to speak at event
June 29, 2026 | 07:44am CETflashread more
Automakers, suppliers in Czechia reported record production volume, profitability in Q1. We have had two record years (2024, 2025) and I think that production to be at least at same level in 2026 (1.47 million vehicles), maybe even higher. This is thanks to very good technical capabilities in Czech Republic, still relatively favorable production costs and also brands that are currently doing well in Europe (Škoda, Toyota, Hyundai), Jahn (AutoSAP) said. This is happening in midst of transformation of automotive industry from fossil-fuel to zero-emission road mobility (2015-2035), primarily from internal combustion engine vehicles (ICEVs) to electric vehicles (BEVs, FCEVs)
June 29, 2026 | 07:39am CETflashread more
AAA Auto (Aures Holdings) Barometer: In May, 76,459 used cars sold through classified ads websites in Czechia (+4.9% m/m, +4% y/y; BEV: 2,502 vehicles, +100%) with average price of CZK 327,770 (EUR 13,500; +1.1%, +8.3%) and average age 12 years (+0 years). Recent slight cooling of market, caused by rising fossil fuel prices, has apparently ended with onset of warm spring weather, Vaněček said
June 29, 2026 | 07:34am CETflashread more
Statistics Austria (Bundesanstalt Statistik Österreich): New car registrations in Austria up by 5% to 25,529 in May. Penetration of battery electric vehicles reached 25.8% (6,598 units, +21.6%), total share of electrified cars (BEVs, PHEVs, HEVs, MHEVs) increased by 4.9 pp to 65.6%
June 26, 2026 | 07:48am CETflashread more
JD Power, GlobalData cut 2026 global new light-vehicle sales outlook by 600,000 cars, vans from 91.7 million (-0.4%, 2025: 91.9 million) to 91.1 million (-1.1%). Ongoing conflict in Middle East is one factor driving these declines, as another month has passed without resolution, continuing to create downstream effects on energy prices, GDP growth and consumer confidence, even in regions with limited direct exposure to region. In addition, sales in China remain weak as slow implementation of new subsidy scheme has led further reductions to our forecast, Krafft (GlobalData) said
June 24, 2026 | 07:57am CETflashread more
KBA: New car registrations in Germany up by 0.1% in May (motorcycles +7.3%; buses -12.9%; vans/trucks -5.8%; trailers -7.7%). Electric vehicle sales grew by 28.8% to 87,890 units (59,969 BEVs +39.3%, 27,921 PHEVs +10.9%), representing share of 36.7% (25+11.7%)
June 24, 2026 | 07:42am CETflashread more
'Car Body Parts: Materials and Forming Processes 2026': Automotive Circle (Vincentz Network) to hold 3rd conference on development, production of structural, outer skin car body parts in Bad Nauheim, Germany on June 23-24. Representatives of BMW, Audi, Volkswagen, Porsche, Mercedes-Benz, Stellantis, Ford Otosan, Hyundai Motor Group, Hyundai Steel, General Motors/GM, Andreas Stihl, TPI/Thixotropic Piston Injection Technology, Albert Handtmann Metallgusswerk, Yizumi Holdings, Costamp Group, Voestalpine Stahl, Salzgitter Mannesmann Forschung, AP&T, NiobelCon, Beycelik Gestamp, DeepForm, CAIQ, POSCO, SandboxAQ, Toyotetsu, Alcoa, Fraunhofer IFAM, Henkel, HRC, Magnetto Automotive/CLN Group, JFE Steel, Constellium, Fontana Group, AMAG Rolling, Hydro Aluminium, Resoniks, Newston Automated Solutions, ArcelorMittal, Coşkunöz Metal Form, Civan Lasers, Stirweld, ThyssenKrupp Steel, Pressler Technologies Group to speak at congress
June 22, 2026 | 08:25am CETflashread more
Changes
Hyundai to increase production capacities in China
August 10, 2009 | 04:07pm CEToriginalThe company considers the construction of its third factory in the country and also thinks about a takeover of some of the local carmakers...
read moreKord group including supplier of tire manufacturer Kordarna for sale
August 10, 2009 | 03:23pm CEToriginalAt the same time, the company will work on reorganization in order to get out of the bankruptcy. Over 10 investors have already expressed interest in Kordarna...
read moreScrap bonus in the USA exploited by 185,000 people, helping mainly to Ford
August 9, 2009 | 08:17pm CEToriginalCar sales in the USA reached this year’s maximum of 994,000 cars in July; in y/y comparison it however decreased by...
read moreBMW’s profit dropped by 76% along with downturn of revenues by 11% in Q2 due to low demand
August 9, 2009 | 03:55pm CEToriginalThe carmaker reacts to that by operational cuts and by leaving Formula 1 as well...
read moreCar sales in Italy, France and Spain boosted by scrap bonus in July
August 9, 2009 | 02:48pm CEToriginalIn Italy and France car sales went up y/y in July; in Spain the rate of downturn was slowed down from June’s 15.9% to…
read moreVolkswagen plant in Bratislava to cease Skoda Octavia cars production next year
August 5, 2009 | 09:35pm CEToriginalThe reason is a line release for the new model range of cars, whose production will begin under brands Volkswagen, Seat a Skoda in…
read morePassenger car sales in Germany increased by 29.5% in July
August 5, 2009 | 08:25pm CEToriginalThe growth is caused by the continuing government incentives in the form of scrap bonus. Sales of Skoda cars rose by...
read moreFehrer acquired new orders, cannot find workers in Liberec now
August 4, 2009 | 06:01pm CEToriginalThe company has solved the lack of workers by Saturday shifts already. The new orders for seven years are from the carmakers…
read moreFord to cancel 600 jobs in plant in Valencia
August 4, 2009 | 02:08pm CEToriginalThis represents 12% of all employees of the Spanish factory. At the beginning of this year, the carmaker has already reduced the production there…
read moreDiess: BMW and Daimler can buy up to 10% of all components together without harming the brands
August 4, 2009 | 01:17pm CEToriginalThose can be automatic system, wheels or tyres. By the year 2012, BMW wants to lower purchasing costs by…
read moreFord suspended sales of Swedish passenger car producer Volvo Car
August 4, 2009 | 12:30pm CEToriginalThe US carmaker is awaiting a result of the battle for Opel. The situation could be clearer after today’s meeting of the German government with GM’s representatives…
read moreBankruptcy of Magneton can cause problems to Bosch Diesel plant in Jihlava
August 3, 2009 | 05:45pm CEToriginalBosch takes components for production from Magneton to its Jihlava-based plant, this production employs…
read moreContinental to raise its capital by up to EUR 1.5 billion
August 3, 2009 | 01:59pm CEToriginalThe company wants to improve its financial situation this way. However, it could lose its CEO Karl-Thomas Neumman, whose suspension…
read moreCarmakers Renault, Mazda and Mitsubishi posting a loss this year
August 3, 2009 | 12:49pm CEToriginalRenault expects global car market to decline by 12%; a previous prognosis was 15%. In H2, the company intends to increase production by…
read moreCeska posta considers putting CNG drive into its car fleet
August 3, 2009 | 11:39am CEToriginalNevertheless, it has now put up a purchase of 600 delivery trucks with diesel engines for a tender, which replaces the cancelled tender from autumn 2008...
read moreSumitomo continues downturn in automotive production in Slovakia, this time in another division
August 2, 2009 | 11:23pm CEToriginalAfter the planned closure of the SE Bordnetze plant in Nitra, SEWS Slovakia, manufacturer of wiring harnesses for cars, has now announced the second wave of release...
read moreImporter of Kia cars to Czech Rep has new president since July
August 2, 2009 | 10:43pm CEToriginalInto the company Kia Motors Czech, H.L. Baik has come from the Korean headquarters, who replaced Kyung-Hyeon Kim after 4.5 years. That one left…
read moreProduction complex Alcoa Fujikura in Stribro is for sale for CZK 104 million
July 31, 2009 | 09:58am CEToriginalAt the end of July, 600 employees are leaving the company. Many of them have already found work, for example, in the manufacturer of decorative components for car interiors...
read moreGM vice-president: We can not accept conditions included in Magna offer
July 31, 2009 | 09:17am CEToriginalAmong the controversial points there are the intellectual property of Opel and GM’s activities conditions in Russia. In contrast, RHJ offer is...
read moreAAA Auto returned to black numbers in Q2, net profit reached EUR 1.6 million
July 30, 2009 | 11:15pm CEToriginalIt happened at a significantly lower sales volume, at revenues decline by 43.2%. The company aims to post net profit even for this whole year; the plan may be affected...
read moreChevrolet dealer network in Czech Rep undergoing radical change
July 29, 2009 | 10:21pm CEToriginalFour dealers added up in 2008, and one in 2009. The biggest changes go through the eastern Bohemia, where the dealer activities have been ended by companies...
read moreMicro-Vett initiated production of electric car Fiat 500
July 29, 2009 | 09:50pm CEToriginalThe Italian company has 15 orders for the model already. Micro-Vett plans on expanding its dealer network in Europe in the meantime; newly to the region CEE…
read moreMagna improved bid for Opel purchase
July 29, 2009 | 08:11pm CEToriginalAutomotive supplier Magna is now offering EUR 350 million from its own resources and in convertible bonds...
read moreToyoda Gosei resumed five-day work week in Klasterec after five months
July 29, 2009 | 04:30pm CEToriginalThe company dismissed 85 people due to the crisis at the end of the last year. At the beginning of the next year, the company expects a growth of sales and wants to increase the number of employees to…
read moreFlemish government provided guarantees for credit from EIB to Volvo Car for production of new models S60 and V30
July 29, 2009 | 03:46pm CEToriginalAt the same time, the government expressed worries over liquidating Opel’s plant in Antwerp, which is intended by Magna and RHJ, too. Belgium is said to have offered Opel for modernization of the plant…
read more
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