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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
CSOB Leasing opened new branch in Czech Rep
July 31, 2014 | 12:05am CEToriginalIt is the company’s 15th business place. Location, director, products and services offered...
read moreGenerali to buy PPF stake in Generali PPF Holding as planned
July 30, 2014 | 11:55pm CEToriginalPart of the joint venture is also Ceska pojistovna. Amount of the share, price, timing...
read moreCeske Radiokomunikace to convert majority of fleet to CNG drive
July 29, 2014 | 03:38am CEToriginalThe first CNG cars are of the Skoda brand. Size of the contract, the supplier, the size of the company fleet and its renewal, sales plans and orders for the Skoda Octavia G-Tec...
read moreDusan Quis left ING after nine years, moving to CSOB
July 29, 2014 | 03:17am CEToriginalIn August, he will become commercial director at the insurer CSOB Pojistovna. His predecessor Petr Benes...
read moreDavo Exclusive: Davo Car built its first showroom in Czech Rep
July 27, 2014 | 11:54pm CEToriginalLocation of the showroom, its use, current offer of Olbramovice used car shop, partners in the financing, insurance and checking of used vehicles...
read moreAudi offers stock cars at discount of CZK 30,000 in Czech Rep
July 17, 2014 | 01:49am CEToriginalWhen using funding from SkoFIN or Audi Bonus packets, it is possible to receive even a greater price advantage. Details, prices, campaign, microsite...
read more1Mini Rental: Automycka Express launched operations of Mini car rental in Czech Rep
July 14, 2014 | 11:48pm CEToriginalThe location, partner-dealer, the length of lease, models, prices, competitive car rental Mini Point, corporate clients of Automycka Express...
read moreUniCredit made changes in external communication in Central Europe
July 14, 2014 | 11:38pm CEToriginalThey are related to the merger of banking and leasing activities in the Czech Republic and Slovakia. The new spokesman of UniCredit Leasing CZ...
read moreBNP Paribas carried out rotation in Personal Finance Division in Central Europe
July 13, 2014 | 11:43pm CEToriginalCo-founder of the Czech subsidiary of Cetelem, Vaclav Horak has been promoted to the regional headquarters after 18 years. The new head of Cetelem in the Czech Republic became...
read moreArvalRental: Arval began offering customers direct short-term lease of cars and vans in Czech Rep
July 9, 2014 | 11:38pm CEToriginalThe company continues working with car rentals. Uniform price list, end of re-invoicing, models and prices, surcharges...
read moreLeasePlan: E-shop generates one order for lease of small fleet in Czech Rep every day
July 9, 2014 | 05:20am CEToriginalComparison of LeasePlan Go operating lease with other forms of fleet operations, two stages of the campaign in 2014, a competition, clients...
read moreArval re-insured its fleet at single insurer in Czech Rep
June 30, 2014 | 04:03am CEToriginalDetails of the selection procedure (reasons, the number of cars, the participants, the winner, timing), simplifying the product offer in the car insurance...
read moreE.ON: Number of CNG vehicles to rise by more than 25% in 2014 in Czech Rep
June 29, 2014 | 11:04pm CEToriginalDevelopment in H1, Skoda Auto contribution, prediction of the gas sales, growth of the filling station network, collaboration with Next Energy, payment by CCS card...
read moreLeasePlan Go: LeasePlan to focus on SME and sole traders with fleet to 10 cars
June 22, 2014 | 11:39pm CEToriginalThe first countries including the Czech Republic, specifications of operating lease, brands and models, prices, sales through the e-shop, microsite, competition, business plan, advertising campaign, client car rental...
read moreFormer Head of Regional Inspectorate of Czech Trade Inspection lodges complaint
June 22, 2014 | 11:03pm CEToriginalThe reason is his removal from office and inaction of his colleagues in the APR case. Reaction of the COI head Mojmir Bezecny and Minister Jan Mladek...
read moreOne Volvo dealer ended in Czech Rep
June 20, 2014 | 05:03am CEToriginalIt is a company that tried to restore a dealership after the unsuccessful previous provider. The location, companies, property problems with the showroom...
read moreHead of Czech Trade Inspection dismissed Director of Inspectorate, who pointed out miscalculations of APR
June 19, 2014 | 03:30am CEToriginalCOI did not disclose its reason, as it is not related to this affair. Validation of the correctness of the imposed fine for Essox and calculation used in the control by a special commission...
read moreLubomir Drasar and Pavel Krois sold Swell
June 17, 2014 | 12:18am CEToriginalThe new owner and his profile, the new headquarters, management changes, financial results in 2013, HR...
read moreHertz Lease appointed new Sales Director in Czech Rep
June 16, 2014 | 06:29am CEToriginalHe is a manager with 20 years of experience in the automotive industry, especially car sales...
read moreSehnal: Slavia Pojistovna for sale, as well as other companies from SPGroup
June 16, 2014 | 06:13am CEToriginalSlavia’s concentration on industry, property of citizens and liability risks, intentions of the company in car insurance...
read moreArval introduced new products, services and innovations in Czech Rep
June 16, 2014 | 06:05am CEToriginalShort-term car rental, unlimited spare vehicles, unlimited tires, a new system of insurance claims reporting, client portal My Arval...
read moreALD Automotive appointed new commercial director in Czech Rep
June 12, 2014 | 03:55am CEToriginalJaroslav Laur has been replaced by a manager with experience in financing and fleet car sales...
read moreCzech Trade Inspection clarifies errors in APR calculation
June 5, 2014 | 11:48pm CEToriginalIn response, one credit company intends to streamline the provision of credits. COI also came across the unjustified reduction of the tax base by used car dealers...
read moreSkoda Without Worries: Skoda started offering operating leases for consumers in Czech Rep
June 4, 2014 | 04:38am CEToriginalModels including 4x4, the length of lease, mileage limit, options, insurance, rates, stock cars/orders into production...
read moreVolkswagen began providing 3 years/250,000 km warranty in Czech Rep
May 30, 2014 | 12:08am CEToriginalThe affected models, the campaign for commercial vehicles and its author, options and interests of FlexiFIN financing from SkoFIN...
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