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Business Lease (AutoBinck Group) to sell branches in Czechia, Slovakia to ČSOB Leasing (KBC Group) for EUR 72 million. Transaction is subject to approval by relevant antitrust authorities and is expected to close in Q1 2026. Merger to create player with portfolio of 25,000 vehicles in operating leasing (CZ: 15,000, SK: 10,000). Allen Overy Shearman Sterling/A&O Shearman and ING Bank advised seller, Baker McKenzie advised buyer. AutoBinck indicated that after Netherlands (Terberg Business Lease Group to Arval in 2022), Czechia and Slovakia, it intends to sell leasing companies in other countries (Poland, Hungary, Romania). Amid rapid market consolidation, partnering with larger players offers best path for future growth. Sale of Czech and Slovak operations to KBC marks first step in that direction, Weijers said
November 4, 2025 | 07:55am CETflashread more
SMMT: Vehicle production in UK down by 35.9% y/y to 54,319 in September, of which 51,090 cars (-27.1%, due to cyber incident at Jaguar Land Rover) and 3,229 commercial vehicles (-77.9%; buses, coaches, vans, trucks, taxis). Manufacturing down by 15.2% to 582,250 in Q1-3, of which 543,099 cars (-8.4%) and 39,151 commercial vehicles (-58.1%)
November 4, 2025 | 07:49am CETflashread more
Battery Systems 2025: Automotive Circle (Vincentz Network) to hold conference on electric/electrified vehicle batteries in Bad Nauheim, Germany on November 4-5. Representatives of General Motors/GM, Stellantis, Virtual Vehicle Research, EDAG Engineering, Constellium, Speira, Kautex Textron, Nemak, Novelis, Trumpf Laser- und Systemtechnik, BLS Lasertechnology, Drei Bond, Vitronic Machine Vision, Benteler Automotive Components, ArcelorMittal Global R&D, Blackbird Robotersysteme, Automation W+R, Eines Vision Systems, FFT Produktionssystem to speak at event
November 4, 2025 | 07:39am CETflashread more
ČSÚ: Car prices in Czechia down by 0.6% m/m in September, up by 0.8% y/y (new: +0.1% m/m, +1% y/y; used: -1%, +0.8%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.5%, +3.7%), spare parts and accessories (+0.4%, +0.5%), fuels and oils (-0.7%, -3.6%), maintenance and repairs / service works (+0.3%, +5.2%)
November 4, 2025 | 07:34am CETflashread more
AutoSAP: 27,074 (passenger) electric vehicles produced in Czechia in September and 210,789 in Q1-3 (+97.3%; 21,361 and 162,547 battery electric vehicles, +102.7%; 5,713 and 48,242 plug-in hybrids, +81.1%), of which 27,044 and 210,506 cars (+97.2%; Škoda: 19,728 and 136,659 BEVs, +150.2%, 3,084 and 22,172 PHEVs, +122%; Hyundai: 1,603 and 25,605 BEVs, +0.4%, 2,629 and 26,070 PHEVs, +56.5%) and 30 and 283 buses (SOR: 5 and 36 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 25 and 247 BEVs)
November 4, 2025 | 07:29am CETflashread more
Storage area (three halls of 1,200 sqm, 1,720 sqm and 988 sqm, administrative building) of Compass CZ (distributor of car accessories, tools, outdoor equipment in Nehvizdy near Prague, Czechia) hit by fire on October 22, causing damage estimated at CZK 80-120 million (EUR 3.3-4.9 million). One firefighter slightly injured. As result of fire, part of warehouse inventory was destroyed, but complete range of Compass car accessories remained intact. Company plans to resume shipping goods within few days. Based on investigation, it was found that cause of fire was incorrect handling of storage equipment, which was provided by external company at time, Kumhera said
November 3, 2025 | 07:57am CETflashread more
Electric vehicle drivers consumed 625 MWh of electricity (-5% m/m; Prague: 19% share, South Moravian Region: 16%, Vysočina Region: 14%, other regions: 51%) during 26,000 recharges (-9% m/m) in E.ON Drive public charging network in Czechia in September, 5,028 MWh (+110% y/y) during 215,000 recharges (+91% y/y) at 678 charging points at 330 stations in Q1-3. September month-on-month decline is due to decrease in summer vacation trips, Klíma mentioned
November 3, 2025 | 07:53am CETflashread more
ACEA: New commercial vehicle registrations in EU mostly fell in Q1-3 (vans -8.2% to 1.07 million; trucks -9.8% to 225,483; buses+coaches +3.6% to 28,417), individual fuel/power types successful differently (BEV+PHEV: +62.7%, +64.9%, +49.1%; HEV+MHEV: +15.1%, -42%, -32.7%; FCEV+NGV+LPG+biofuel/ethanol: -45%, -6.1%, -11.7%; petrol: -29.6%, -38.9%, 0 units; diesel: -11.4%, -11.5%, -0.1%)
November 3, 2025 | 07:48am CETflashread more
CEE Automotive Supply Chain 2025: AutoSAP, ZAP to hold 8th conference on supply chain in automotive industry in Central and Eastern Europe with matchmaking day in Olomouc, Czechia on November 4-5. Representatives of Škoda Auto, Toyota Motor Manufacturing Czech Republic, Hyundai Motor Manufacturing Czech, Iveco Czech Republic, Kia Slovakia, Digiteq Automotive, JTEKT, Schaeffler Czech Republic, Snop Automotive Malacky, Yanfeng Automotive Interiors Námestovo, ČSOB, EP (European Parliament) to speak at conference, representatives of Jaguar Land Rover, Bosch, Brose, Coba Automotive, DH Autolead, Gumotex, Ecseri, Esnasa, Forvia Hella, Intercable, Motokom Slovakia/GMD Group, Motorpal, Plastika, Reutter, Scherdel, Strojmetal Aluminium Forging, Tawesco/Promet Group, Toyota Tsusho, TÜV Süd to join event
November 3, 2025 | 07:40am CETflashread more
AutoSAP: Car production in Czechia up by 9.9% y/y to 135,983 in September, down by 0.7% to 1.09 million in Q1-3 (Škoda+SEAT/Cupra +26.9%, +4.8% to 705,393; Hyundai -31.9%, -15.6% to 213,975; Toyota +7.7%, -0.4% to 170,048). Buses (Iveco +70.3%, +29.7% to 3,798; SOR +311.1%, +11.4% to 294; Škoda Electric 0 units, 0 units), motorcycles (Jawa +2.4%, -31.1% to 567), trucks (Tatra n/a, -22.1% to 873), trailers (Agados n/a, -4.9% to 11,773; Schwarzmüller n/a, +5% to 1,218; Panav n/a, -3.6% to 373) successful differently. Crossing one million vehicle production mark and second strongest month in terms of production this year is clearly success for Czech automotive industry in current situation and traditionally good news for domestic economy. In case of Škoda Auto, it is even managing to break 130-year record in vehicle production at Czech plants, when limit of 4,000 vehicles produced per day was broken, Jahn said. Electric car production increased by 55.2% to 27,044 BEVs and PHEVs in September (+97.2% to 210,506 in Q1-3), while internal combustion engine (ICE) car manufacturing raised by 2.5% to 108,939 units (-11.3% to 878,910)
November 3, 2025 | 07:35am CETflashread more
PwC increased 2025 Czech new car registrations forecast from 225,000-240,000 (-3% to +4%, 2024: 231,600) to 240,000-245,000 units (+4% to +6%), based on development to date (Q1: +3.6%, Q2: +2.2%, Q3: +13.3%). Czech car market to almost reach sales level of 2019 (249,915) this year. This is excellent result in turbulent times, Razim said
October 30, 2025 | 07:57am CETflashread more
GlobalData: Global new light vehicle sales up by 6.9% to 8.07 million in September, by 5.1% to 67.13 million in Q1-3 (Western Europe +9% to 1.27 million, -0.2% to 10.05 million; Eastern Europe including Turkey and Russia +6.9% to 398,598, -1.9% to 3.29 million)
October 30, 2025 | 07:53am CETflashread more
ACEA: New car registrations in EU up by 10% in September, by 0.9% to 8.06 million in Q1-3 (Volkswagen +11.1%, +4.8%; Stellantis +10.5%, -7.2%; Renault +14.4%, +6.6%; Toyota +6.2%, -5.1%; Hyundai +0.3%, -4.5%; BMW -2.8%, +6%; Mercedes-Benz +4.8%, +2%; Ford -6.7%, -1.4%; Volvo Cars -1.9%, -16%; SAIC +79.2%, +37.3%; Nissan +19.8%, -0.5%; Suzuki -1.7%, -14.2%; Tesla -18.6%, -38.7%; Mazda -3%, -17.8%; BYD +272.1%, +248.1%; Jaguar Land Rover -23.2%, -13.8%; Mitsubishi -24.4%, -24.4%; Honda +28.4%, +9.6%), individual fuel/power types successful differently (BEV +20%, +24.1%; PHEV +65.4%, +31.1%; HEV+MHEV +15.9%, +16.4%; FCEV+NGV/CNG+LPG+biofuel/ethanol +21.6%, +4.9%; petrol -7.8%, -18.7%; diesel -14.3%, -24.7%)
October 30, 2025 | 07:49am CETflashread more
ČSÚ: Over past 10 years, transport (mostly fossil-fuelled) in Czechia became almost two times less expensive (+32%) than entire consumer basket (+55%), thus mitigating inflation. Consumer price index (CPI) in individual groups and items developed differently – diesel (prices: +1.5%), accessories (+4.8%), Natural 95 petrol (+5%), Natural 98 gasoline (+10.1%), engine oil (+15.2%), LPG gas (+19.1%), 12V starter battery (+20.2%), taxi service (+34%), motorcycles (+37.1%), bus fare 50 km (+37.7%), bus fare 25 km (+37.8%), new cars (+38%), rail passenger transport (+39.2%), bus fare 100 km (+39.4%), used cars (+39.5%), bus fare 10 km (+39.6%), car wash (+40.6%), spare parts (+45.3%), tyres/tires (+47%), parking fee (+49%), brake pads (+57.4%), motorway/highway vignette (+62.7%), fender (+63.7%), international air passenger transport (+87.5%), maintenance and repairs / service works (+111.8%), periodical technical inspection/PTI at MOT testing station (+111.9%)
October 29, 2025 | 07:54am CETflashread more
SDA: New car registrations in Czechia up by 17.1% in September, by 6.1% to 182,437 in Q1-3 (vans +26.9%, -13.9%; trucks +17.9%, -3.8%; buses -66.4%, -35.3%; motorcycles -1.4%, -3.9%; trailers+semitrailers +17.3%, +7.9%), individual fuel/power types successful differently (BEV: 1,360 -7%, 10,180 +40.8%; PHEV: 935 +117.9%, 7,803 +77.4%; LPG: 573 +123%, 4,677 +46.6%; petrol: 14,484 +24.3%, 122,622 +8.9%; diesel: 4,016 -9.5%, 25,518 -16.3%). Regarding internal combustion engine (ICE) cars (159,750 in Q1-3), 40,836 of them were HEVs+MHEVs (+22.1%)
October 29, 2025 | 07:49am CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 24% to record 2.1 million passenger cars and light-duty vehicles (LDVs/LCVs) in September, by 26% to 14.7 million in Q1-3 – China: 9 million BEVs and PHEVs (+24%), Europe (EU & EFTA & UK): 3 million (+32%), North America (USA & Canada & Mexico): 1.5 million (+11%), Rest of World (RoW): 1.2 million (+48%)
October 27, 2025 | 08:16am CETflashread more
Office for Protection of Competition to examine conditions on market of publicly accessible charging stations for electric vehicles in Czechia in 2020-2025. According to ÚOHS, doubts regarding proper functioning of competition are raised by high concentration of vertically integrated operators of public chargers, significant difference in recharging prices between individual networks and their amount significantly exceeding retail price of electricity, sector investigations in neighboring countries. Antitrust Office to focus, among other things, on state of competition, roaming and possible barriers to use of public charging stations of vertically non-integrated third-party operators
October 27, 2025 | 08:11am CETflashread more
Hydrogen/Carbon Capture Technology World Expo 2025: Total of 943 exhibitors to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 21-23), including 3M, ABB, AFRY, AGC Chemicals/AGC Plasma Technologies, AIP Automotive, Air Products, Atlas Copco Gas and Process, Axens, BASF, Bibus Metals, Bilfinger, Bosch, Capsol Technologies, CaptureMap, Cellcentric, ContiTech, Daido Steel, Dehn, Donaldson, Dräger, DuPont Specialty Products Operations, e-Mobil BW, Ekpo Fuel Cell Technologies, ElringKlinger, Engie, Evonik Industries, EY Parthenon, Festo, Forze Hydrogen Racing, Freudenberg, GKN Powder Metallurgy, Henkel, Hexagon Purus, Horiba, IDTechEx, Ineos Electrochemical Solutions, Ingersoll Rand, Kawasaki Heavy Industries, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions/Everllence, Mitsubishi Heavy Industries, Mitsui E&S, Mubea, Murrelektronik, Nippon Chemical Industrial, Nissan Chemical, Nitto, Nproxx, Parker Hannifin, Phinia, Phoenix Contact, PPG Aerospace, Purem/Eberspächer, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Sick, Siemens Energy, Stäubli Tec Systems, Sumitomo SHI FW/Cryogenics, Technip Energies/Shell Catalysts & Technologies, ThyssenKrupp Nucera/Automation Engineering, Toray, Veolia, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd, Voestalpine Tubulars, Voith, Worthington Cylinders, Yamamoto Electric Works or Zepp.solutions
October 21, 2025 | 07:48am CETflashread more
J.D. Power, GlobalData increased 2025 global new light-vehicle sales outlook by 900,000 cars, vans from 90.3 million (+1.7%, 2024: 88.6 million) to 91.2 million (+2.7%). Several recent developments point to more positive outlook for global auto market in remainder of 2025. Though trade tensions remain, situation has stabilized to some extent, compared with constantly changing picture earlier in year. Meanwhile, ongoing government stimulus in China warrants more optimistic forecast in world’s largest light-vehicle market, Oakley (GlobalData) said
October 20, 2025 | 07:55am CETflashread more
Trends in Insurance Industry of Czechia & Slovakia 2025: Conforum to hold 11th conference on Czech, Slovak insurance market in Prague, Czechia on October 21. Representatives of Uniqa, Union, Agra, BNP Paribas Cardif, Generali Česká pojišťovna, ČPP (Česká podnikatelská pojišťovna), Kooperativa, Slavia Pojišťovna, Trinity Bank, Česká spořitelna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event
October 20, 2025 | 07:47am CETflashread more
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