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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
ACEA: New car registrations in EU down by 7.3% in June, by 1.9% to 5.58 million in H1 (Volkswagen -7.8%, +2.3%; Stellantis -16.1%, -11.1%; Renault -0.5%, +5%; Toyota -11%, -7.2%; Hyundai -11.8%, -6.7%; BMW +11.6%, +5.3%; Mercedes-Benz +2%, -1.9%; Ford -1.7%, -1.9%; Volvo Cars -11.5%, -17.7%; Nissan -19.5%, -3.5%; SAIC -14.3%, +33.3%; Suzuki -27.1%, -17.2%; Tesla -39.5%, -43.7%; Mazda -23.9%, -20%; Jaguar Land Rover -29.6%, -15%; Mitsubishi -2.6%, -26.2%; Honda +6.7%, +6.3%), individual fuel/power types successful differently (BEV +7.8%, +22%; PHEV +41.6%, +19.5%; HEV+MHEV +6.1%, +17.1%; FCEV+NGV/CNG+LPG+biofuel/ethanol +10%, +3%; petrol -25.4%, -21.2%; diesel -34.1%, -28.1%)
July 30, 2025 | 12:43pm CETflashread more
World Health Organization (WHO) classified automotive gasoline as proven carcinogen. Working group of 20 scientists from 16 countries concluded that petrol is proven carcinogen to humans (Group 1 according to IARC/International Agency for Research on Cancer classification) – that is, there is sufficient evidence that it can cause cancer. Gasoline was previously (since 1988) assessed as possible carcinogen, but new studies have shown clear link to bladder cancer and acute myeloid leukemia (AML) in adults. Increased risks have been observed, particularly in petrol station workers and those involved in petrol distribution. Other cancers, such as non-Hodgkin’s lymphoma and childhood leukaemia, are also strongly suspected, but evidence is still limited. At same time, oxygenated gasoline additives (used to improve combustion) MTBE and ETBE were classified as potentially carcinogenic to humans (Group 2B), while TBA, DIPE and TAME remain unclassifiable in terms of carcinogenicity (Group 3). This happened 13 years after WHO declared diesel engine exhaust gases carcinogenic in 2012
July 24, 2025 | 05:29pm CETflashread more
JATO Dynamics: Dacia Sandero (128,842 registered vehicles, -11%) was best-selling car in Europe (28 countries) in H1, followed by Renault Clio (122,489, +7%; HEV 28%), Peugeot 208 (109,146, +2%; BEV 9%), Volkswagen T-Roc (106,118, -5%), VW Golf (104,162, -17%; PHEV 12%), VW Tiguan (97,508, +28%; PHEV 32%), Dacia Duster (97,188, +9%; HEV 30%), Peugeot 2008 (96,378, +3%; BEV 11%), Citroën C3 (95,891, -9%; BEV 24%) and Toyota Yaris Cross (95,513, -5%; HEV 100%). Overall market down by 0.3% to 6.84 million, led by Volkswagen Group (1.8 million, +3%; PHEV+BEV 28%), Stellantis (1.04 million, -9%; PHEV+BEV 15%), Renault Group (704,023, +6%; HEV+PHEV+BEV 44%), Hyundai-Kia (540,917, -3%; HEV+PHEV+BEV 44%), BMW Group (485,299, +4%; PHEV+BEV 39%), Toyota (478,686, -8%; HEV+PHEV+BEV 87%), Mercedes-Benz Cars (355,162, -2%; PHEV+BEV 35%), Ford (257,337, +6%; HEV+PHEV+BEV 34%), Geely Group (202,230, -5%; PHEV+BEV 66%) and Nissan (165,645, -5%; HEV+BEV 44%)
July 24, 2025 | 05:06pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group up by 37.6% in Q2, by 46.7% to 465,500 in H1 (VW -2.8%, +14.3%; Škoda +196.8%, +147.8%; SEAT+Cupra +67.2%, +105.3%; VW Commercial Vehicles +94.2%, +73.4%; Audi +34.1%, +32.3%; Porsche +235.6%, +279%; MAN +330.4%, +243.5%; VW Truck & Bus -87.5%, -44%; Scania +88.7%, +102.8%; International Motors/Navistar -21.2%, +2.9%). VW ID.4/ID.5 (84,900 cars, -2.2%), VW ID.3 (60,700, -8.3%), Audi Q4 e-Tron (including Sportback; 44,600, -14.4%), VW ID.7 (including Tourer; 38,700), Škoda Enyaq (including Coupé; 38,700, +31.6%), Audi Q6 e-Tron (including Sportback; 36,500), Škoda Elroq (34,300), VW ID. Buzz (including Cargo; 27,600, +89%), Porsche Macan Electric (25,900), Cupra Born (22,100, +21.4%), Porsche Taycan (including Turismo; 8,300, -6%) were best-selling BEVs. BEV share of total deliveries rose to 10.6% (+3.3 pp, H1 2024: 7.3%). Incoming BEV orders in Western Europe increased by 62%, automaker said, adding that global PHEV deliveries up by 41% to 192,300
July 18, 2025 | 12:37pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.4% m/m in June, by 1.2% y/y (new: +0.1%, +1.3%; used: +0.7%, +1.3%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.6%, +3.5%), spare parts and accessories (+0.2%, +2.2%), fuels and oils (+1%, -9.2%), maintenance and repairs / service works (+0.2%, +5.5%)
July 18, 2025 | 12:24pm CETflashread more
Financial Companies
Smartbanking 2.4: CSOB continues to develop bank insurance in Czech Rep
July 14, 2015 | 05:19pm CEToriginalThe bank has upgraded its mobile application, which now allows to take out MTPL. Details of the procedure, the rate of mobile and tablet banking use...
read moreVB Leasing sold its activities in Slovakia, in fourth CEE country
July 2, 2015 | 11:57pm CEToriginalThe buyer and his profile, the profile of VB Leasing SK, the sale of branches in the countries of former Yugoslavia...
read morePrague taxi services expand into premium segment – with Skoda cars
June 30, 2015 | 11:57pm CEToriginalThe latest project of the company Taxi Praha, Tick Tack fleet widening, fleets of competing taxi services (Blue Angel Business, City Exclusive, Uber), card payments...
read moreGE Capital to sell part of its activities in Europe to Arval
June 29, 2015 | 11:43pm CEToriginalThe same activities in North America will be acquired by Arval partner – Element Financial. Scope of the agreement, price, completion of the transaction, the situation in the Czech Republic...
read moreSemi-transfers in Czech Rep: Insurance companies to pay damages of drivers in administratively non-existing cars
June 29, 2015 | 05:06am CEToriginalIt has been agreed by all members of the Czech Insurers' Bureau. Possible sanctions from insurance companies in case of accidents...
read moreSemi-transfers in Czech Rep: Allianz to pay damages for drivers in non-existing cars
June 25, 2015 | 02:28am CEToriginalDespite the fact that damage liability of these motorists expires after June 30. Possible consequences and penalties...
read moreCSOB Leasing Assistant: CSOB Leasing launched mobile app for drivers in Czech Rep
June 23, 2015 | 12:05am CEToriginalThis is part of the assistance services. Partner of CSOB Leasing Assistance, application features, developer and his other projects, availability to Android phones only...
read moreFiat Chrysler Automobiles got new manager
June 21, 2015 | 11:36pm CEToriginalHe will be responsible for more brands in several countries of Central Europe. The manager and his experience, his new position in FCA...
read moreEurazeo intends to sell part of share in loss-making car rental Europcar
June 18, 2015 | 02:56am CEToriginalIPO, timing, share price, company value, the revenue allocation from the IPO, the financial results of the largest European car rental in 2014...
read moreCebia launched new services in Autotracer system
June 16, 2015 | 11:35pm CEToriginalIt is brokerage of insurance, financing and internet auctions, offer of alternative cars. Partners, free insurance for 2 weeks, the upcoming maintenance services...
read moreToyota Garant: Toyota introduced flexible credit close to operating lease
June 14, 2015 | 11:26pm CEToriginalDifferent parameters in the Czech Republic and Slovakia, special offer within the test week, focus on the Auris facelift, hybrid car instalment as at the petrol version...
read moreLegends 2015: Seven automakers and six dealers to take part in second year
June 12, 2015 | 05:43am CEToriginalThey will be presenting about 20 car brands. Exhibitors, exhibits, racing drivers, activities of Autoklub Czech Republic, the balance of the first year...
read moreTomas Sikora to leave Czech Insurance Association
June 10, 2015 | 11:18pm CEToriginalHe has been holding the position of Managing Director in this association of 28 insurance companies since 2006. The alleged reasons for leaving, a tender for the successor, the possible future of Sikora...
read moreLeasePlan appointed new Sales and Marketing Director in Czech Rep
June 9, 2015 | 03:13am CEToriginalThe post has been taken by a manager with experience beyond the automotive industry. The new job of Vladan Jesensky…
read moreStefan Tillinger leaving Generali
June 7, 2015 | 11:43pm CEToriginalHe has been working in the group for almost 15 years. His successors in the top management of the Czech branch of Generali and the Board of Ceska pojistovna...
read moreDas RentAuto: Volkswagen launched van rental in Czech Rep
June 3, 2015 | 04:12am CEToriginalPassenger versions are offered as well. Possibilities of use, composition and age of the fleet, rental length, prices from CZK 1,000/day, mileage limit, insurance, branches, partner, website...
read moreWustenrot expanded damage liability with indemnity limit of CZK 100/100 million in Czech Rep
June 1, 2015 | 11:29pm CEToriginalThe surcharge on insurance, accident insurance for children free of charge, additional insurance, a 30% bonus after two years, mobile application with data on maintenance and operation...
read moreCSOB Leasing agreed to finance one Isuzu model in Czech Rep
May 29, 2015 | 04:39am CEToriginalFor now, it means dealer financing only, but the companies are leading talks on the products of customer financing. Former financial partner, dealer network...
read moreAudi Now: Audi expanded offer of operating lease for consumers in Czech Rep
May 27, 2015 | 11:48pm CEToriginalOther models and versions (4x4, CNG, automatic transmission), change of the lease length, two mileage limits, two amounts of deductible at insurance, prices from CZK 7,899 per month...
read moreVolvo Car chose new dealer in one city in Czech Rep
May 26, 2015 | 02:53am CEToriginalThe company and its history, locations, brands, activities in the field of car leasing and financing, partner...
read moreInsurer of the Year 2014: Ceska podnikatelska pojistovna won in automobile insurance
May 26, 2015 | 02:40am CEToriginalUniqa made it to the Top 5 at the expense of Generali. VIG dominated even the industry and entrepreneurs insurance. Results in the category of Specialized Insurers...
read moreNissan Best Way: Nissan began offering operating lease for consumers in Czech Rep
May 20, 2015 | 11:21pm CEToriginalFinancial partner, the length of the lease, the parameters of full-service leasing, models, pre-defined cars, prices...
read moreACEA: Car sales in EU up by 6.9% in April
May 20, 2015 | 03:26am CEToriginalThe market has thus been growing 20 months in a row. Results in individual countries, sales of Volkswagen and Renault, analysts’ comments (PwC, KPMG, CSOB)...
read moreFormer Generali manager to become new chief of CSOB Pojistovna
May 15, 2015 | 05:06am CEToriginalHe is leaving the Italian insurance group after five years. The manager and his profile, the development of bank insurance...
read morePolice charged chief and owner of Auto Activity
May 11, 2015 | 12:22am CEToriginalThe company is also being prosecuted. Offences, amount of damage, harmed customers and leasing companies, the impending punishment...
read more
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