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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
Raiffeisen-Leasing entered fleet management market in Czech Rep, aiming to become major player there
September 22, 2014 | 11:49pm CEToriginalDeveloping a new department in the Czech branch of the Austrian leasing company will be in charge of two senior managers...
read moreSkoda Without Worries: Consumer interest in car rental is greater than carmaker expected
September 22, 2014 | 04:01am CEToriginalThe number of contracts per quarter, the original and the new plan for the year 2014, product development in 2015, advertising campaign...
read moreVolkswagen chose new head of VW brand in Czech Rep
September 18, 2014 | 02:22am CEToriginalIt is a manager with experience in the wholesale and retail sale of new and used cars including financing. Petr Janeba’s successor will be...
read moreCar Fleet Service: Elit acquired next client for fleet service in Czech Rep – UniCredit Leasing
September 16, 2014 | 02:40am CEToriginalPartner Elit service network will take care of part of the fleet of UniCredit Fleet Management, which has recently begun providing consumers with operating lease...
read moreVolksbank and DZ Bank selling VB-Leasing, buyer found in Poland, Romania and Czech Rep
September 15, 2014 | 03:56am CEToriginalThe new owners of leasing companies, profile of VB Leasing CZ (products, partners, results in 2013, HR, project Proresale Cash)...
read moreOpel Flex Lease: Opel began offering operating lease for consumers in Czech Rep
September 9, 2014 | 11:27pm CEToriginalThe models, engines and equipment, financial partner, rental period, mileage limit, prices...
read moreCitroen began providing service contract included in price of new cars in Czech Rep
September 9, 2014 | 10:49pm CEToriginalThe models, above-standard coverage, the C4 Cactus with innovative components from TRW or Rehau, a loan with the parameters of operating lease...
read morePerrin: Peugeot continues to modernize dealer network in Czech Rep
September 8, 2014 | 02:58am CEToriginalNew Blue Box showrooms in 2013-2015, sales results and plans, activities in service, used cars, new models...
read moreVolkswagen All-Inclusive: VW tests operating lease for consumers in Czech Rep
September 5, 2014 | 12:23am CEToriginalAvailable models in the pilot phase, the rental period, the mileage limit, insurance, rates, options (colour, participation in accident insurance)...
read morePetr Kohout joined Home Credit
September 4, 2014 | 11:49pm CEToriginalIn the subsidiary of Czech financial group PPF, the former head of the Czech branch of ALD Automotive will assume the position of...
read morePetr Kohout left ALD Automotive
September 1, 2014 | 10:44pm CEToriginalPavel Fort became the new head of the Czech branch of the leasing company. His profile, Kohout’s further plans...
read moreInsurance companies increased price of damage liability by about 10% in Czech Rep in 2014
September 1, 2014 | 10:29pm CEToriginalSome of them plan to further increase the rates. Situation in Ceska pojistovna, Kooperativa, Allianz, Uniqa, and CSOB Pojistovna...
read moreAllianz to replace global creative agency
August 26, 2014 | 11:34pm CEToriginalThe existing and new partner of WPP Group, requirements of insurer, the impact on individual countries and local branches, the timing, the tender for a media partner...
read moreOne manager returned to SkoFIN
August 25, 2014 | 04:48am CEToriginalBefore that there was another personnel change in management of a department in Czech branch of Volkswagen Financial Services. Details...
read moreSoucek (Citroen): Czech van market to grow in next three years
August 25, 2014 | 04:35am CEToriginalDevelopment in H1 2014, results of Citroen, the new Jumper, a new supplier of the fuel injection system, start-stop engines, corporate clients, innovatived modular offer...
read moreOne Mercedes dealer changed owner in Czech Rep
August 19, 2014 | 11:36pm CEToriginalThe company and its showrooms, the original and new owner, related personnel changes, circumstances...
read moreVolkswagen bought MAN’s financial division
August 19, 2014 | 11:19pm CEToriginalThe carmaker plans no change in the Czech Republic for now. The countries covered by affiliates and partners, details...
read moreSkoFIN chose new PR agency
August 18, 2014 | 11:07pm CEToriginalThe winner of the tender and its clients, start of the cooperation, previous partner for PR activities...
read moreSkoFIN prepares operating lease for consumers for other Volkswagen Group brands in Czech Rep
August 11, 2014 | 11:57pm CEToriginalDemand for the ‘Skoda without worries’ rental, business plans, expansion of the model and equipment offer, easing the terms, the profile of the average client...
read moreChinese central bank bought stake in Generali
August 11, 2014 | 06:07am CEToriginalIt has been a further acquisition of shares in major Italian company recently. The share amount and its value, the entry to Fiat...
read moreHead of CSOB Leasing in Czech Rep Libor Bosak became president of IFLA
August 8, 2014 | 12:46am CEToriginalProfile of the International Finance and Leasing Association, which was previously led by...
read moreArval VIP Partner: Arval builds premium supplier network in Czech Rep
August 6, 2014 | 11:08pm CEToriginalConcurrently, it is reducing the number of partners, especially car and tire service shops. Reasons, details, Arval Assistance...
read moreMakro changed its partner for insurance in Czech Rep
August 4, 2014 | 11:50pm CEToriginalThe offer of Mpojisteni also includes car insurance. In the field of financing, the partner remained unchanged. Companies, the most popular products...
read moreKia began offering branded operating lease in Czech Rep, Arval became partner
July 31, 2014 | 12:24am CEToriginalThe trademark of the product, dealers involved in pilot operation, target group, variants, current business results, the situation in Europe...
read morePrague Public Transport Company to convert part of its car fleet from operating lease to property
July 31, 2014 | 12:12am CEToriginalReason for the change, size and value of the contract, timing, size and composition of the fleet of passenger cars and commercial vehicles...
read more
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