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Trump’s tariffs: Goldman Sachs cut 2025 US new light-vehicle sales estimate by 850,000 cars and vans from 16.25 million to 15.4 million, 2026 forecast by 1.1 million from 16.35 million to 15.25 million. Bank expects tariffs to increase cost of both importing and manufacturing cars in country, leading to USD 2,000-4,000 increase in prices over next 6-12 months. Simultaneously, company reduced 2025 global production outlook by 1.7 million units from 90.4 million to 88.7 million and 2026 expectation by 1.9 million vehicles from 92.6 million to 90.7 million
August 22, 2025 | 11:51am CETflashread more
Electric vehicle drivers consumed 660 MWh of electricity (+16% m/m) in E.ON Drive public charging network in Czechia in July (Prague: 143.7 MWh, South Moravian Region: 98 MWh, South Bohemian Region: 89.1 MWh, Vysočina Region: 82.8 MWh, other regions: 246.7 MWh), 3,746 MWh during 160,434 recharges at 658 charging points at 320 stations in first seven months
August 22, 2025 | 11:38am CETflashread more
Pirelli and its second largest shareholder MTP/Camfin (27.4% stake; controlled by Pirelli Executive Vice Chairman Marco Tronchetti Provera) trying to get rid of Chinese co-owner and largest shareholder Marco Polo International Italy/Sinochem (37%) so that it can invest USD 1 billion to expand its plant in Rome, Georgia, USA to produce smart tires (Pirelli Cyber Tyres; fitted with technology to collect data during motion and transfer information in real time to car). In January, United States banned Chinese software (starting with Model Year 2027), hardware (MY2030) in connected road vehicles on US roads due to cyber threats (espionage, hacking attacks). In April, Pirelli's Board of Directors approved resolution that Sinochem no longer controls Italian tyre manufacturer. MPI/Sinochem disagrees with this resolution
August 20, 2025 | 03:24pm CETflashread more
JATO Dynamics: Share of electrified vehicles in global car sales in 2024 increased from 34.4% (2023) to 41% MHEVs (from 8.5% to 9.3%), HEVs (from 7.9% to 9.2%), PHEVs (from 4.5% to 6.6%), EREVs (from 0.9% to 1.6%) and BEVs (from 12.6% to 14.3%), while share of vehicles with combustion powertrains (ICEVs) declined from 65.3% to 58.7%
August 20, 2025 | 03:15pm CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 17% in July, penetration (share) down by 2.8 pp. While many countries started to turn their backs on diesel quite quickly after Dieselgate, its importance to both German OEMs and to German car buyers resulted to Germany’s share of European diesel market doubling (from 20% to 40%) within five years (2019-2024). This trend continues in 2025 with share forecasted to grow to 45%
August 19, 2025 | 10:34am CETflashread more
Office for Protection of Competition (ÚOHS) allowed Přerost a Švorc - Logistic (Přerost a Švorc - Auto, Autodružstvo Podbabská; Škoda, Volkswagen and VW Commercial Vehicles dealer, SEAT, Cupra and Audi service in Prague, Czechia) to acquire Tuchoměřice branch near airport in Prague (SEAT, Cupra and Maxus dealerships, Škoda, Volkswagen and VW Commercial Vehicles service; part of Auto Palace Západ, loss of CZK 72 million at turnover of CZK 1.46 billion and sales of 1,338 new and 839 used vehicles in Tuchoměřice and Karlovy Vary in 2023) from Auto Palace (AutoBinck Group; Ford, Ford Pro, Hyundai, Mazda, Mitsubishi, Opel, Opel Professional, Peugeot, Peugeot Professional, Škoda, Volvo, SEAT, Cupra, MG and Maxus dealer, Fiat, Infiniti, Volkswagen and VW Commercial Vehicles service in Prague and Brno)
August 19, 2025 | 10:24am CETflashread more
Aures Holdings sold record 10,469 used vehicles in July (+5.6%) at AAA Auto and Mototechna car centers, of which more than 2,000 cars and vans in Slovakia, record 66,672 vehicles (+4.2%) in first seven months, of which 1,000 battery electric vehicles. Organized market is growing, while private resales are declining, Topolová said
August 19, 2025 | 10:15am CETflashread more
Base Next (formerly DyCom Group; BMW, BMW Motorrad dealer in Karlovy Vary, Czechia) closed Honda motorcycle dealership
August 15, 2025 | 04:36pm CETflashread more
GlobalData cut 2025 Western European new car sales outlook by 30,000 units from 11.42 million (-1.1%) to 11.39 million (-1.4%)
August 15, 2025 | 04:25pm CETflashread more
Czech electric vehicle drivers using E.ON Drive service consumed 40,847 kWh of electricity during 1,397 recharges in public charging network in Germany in H1, 33,584 kWh during 1,217 recharges in Austria, 14,663 kWh during 526 recharges in Slovakia, 10,783 kWh during 428 recharges in Italy, 11,361 kWh during 352 recharges in Poland. Highest average recorded in Poland with 32.3 kWh per transaction, while lowest consumption was in Italy (25.2 kWh). Currently, drivers with E.ON Drive card can charge in nine countries in Europe (Czechia, Germany, Austria, Slovakia, Italy, Poland, Hungary, Slovenia, Croatia) at more than 120,000 public charging points in network of E.ON Drive and partner operators (PRE, ČEZ, Lidl, Ionity, Teplárny Brno, ZSE, Greenway, Allego, EnBW, Compleo, Chargecloud, Smatrics, Petrol, ELEN/HEP, Enel X, Ewiva, Be Smart, Duferco Energia, EVway)
August 15, 2025 | 04:17pm CETflashread more
SMMT increased 2025 UK new car sales (registrations) outlook from 1,964,000 (+0.6%) to 1,986,000 (+1.7%), of which battery electric vehicles (BEVs) from 462,000 (+21.4%) to 472,000 (+23.6%), and 2026 forecast from 1,992,000 to 2,019,000, of which BEVs from 557,000 to 569,000
August 14, 2025 | 10:35am CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 21% to 1.6 million passenger cars and light-duty vehicles (LDVs/LCVs) in July, by 27% to 10.7 million in first seven months – China: 6.5 million BEVs and PHEVs (+29%), Europe (EU & EFTA & UK): 2.3 million (+30%), North America (USA & Canada & Mexico): 1 million (+2%), Rest of World (RoW): 900,000 (+42%)
August 14, 2025 | 10:26am CETflashread more
AAA Auto (Aures Holdings) Barometer: In July, 63,272 used cars sold in Czechia (BEV: 1.6% share, 1,000 vehicles; HEV: 1.9%, 1,200) with average price of CZK 304,230 (EUR 12,430; -2.2% m/m). In total, approximately 150,000 used cars advertised in country, supply remained around this level for long time
August 14, 2025 | 10:13am CETflashread more
Operating Sphere
Owners of Tukas Group to leave executive management of companies
September 24, 2015 | 12:38am CEToriginalThere has been the new CEO appointed, it is a manager with experience in leasing, insurance, and distribution of cars...
read moreGM agreed on fine and compensation for failure when recalling vehicles
September 24, 2015 | 12:29am CEToriginalThe numbers of injured and dead, the end of prosecution, the settlement of civil lawsuits, including the legal action of shareholders, the pending legal actions...
read moreSkoda also used EA189 diesel engines
September 23, 2015 | 12:15am CEToriginalIt does not offer them in EU anymore. The affected models, the attitude of the Czech Ministry of Transport, comments of AutoSAP and diagnostic company IHR-Technika...
read moreInteva Products to move production to Czech Rep
September 22, 2015 | 11:52pm CEToriginalThe original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
read moreVolkswagen: Software for engine control installed in 11 million cars of several brands
September 22, 2015 | 11:44pm CEToriginalAttitudes and activities of individual countries and the EU, guidelines for dealers, the reaction of the stock markets, investors’ concerns, the impact on financial results...
read moreAutoSAP: Automakers, suppliers created over 4,000 jobs in Czech Rep over last year
September 21, 2015 | 11:09pm CEToriginalR&D companies were also taking staff. The average wage in the automotive industry increased by a few percent, worker positions more than THP and managers...
read moreSchaeffler to enter stock exchange
September 21, 2015 | 10:58pm CEToriginalReasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
read moreCzech Post cancelled contract that should have been won by Agrotec after winner resignation
September 21, 2015 | 10:49pm CEToriginalThe stated reasons, the size of the contract, connection with the prosecution of Agrotec, the expression of relevant subjects…
read moreJohnson Controls plans to lay off 3,000 people
September 21, 2015 | 01:25am CEToriginalReasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
read moreFord Garant: Ford launches program for sales of approved used cars in Czech Rep
September 21, 2015 | 01:15am CEToriginalLocalization of the global concept, the parameters of cars, partner for the guarantee, guaranteed exchange, requirements for dealers, offer, website, sales plan...
read moreEPA: Volkswagen violates US Clean Air Act
September 21, 2015 | 01:07am CEToriginalAccusations of the US office, a recall, the models and years of production affected, threatening sanctions, the carmaker’s own investigation, the previous fine for Hyundai...
read moreKostal wants to significantly increase production in Czech Rep by 2018
September 17, 2015 | 11:47pm CEToriginalContracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
read moreTesla Experience: Business Lease started to provide branded operating lease on Tesla EVs in Europe
September 17, 2015 | 11:39pm CEToriginalThe countries concerned, models and versions, costing, pick-up service, home charger included in instalments, the current fleet of Tesla cars, Blue Care strategy...
read moreSuzuki bought share that was owned by Volkswagen back
September 17, 2015 | 11:29pm CEToriginalPrice, Volkswagen’s investment rate of return over 5 years, the response to the stock exchange on announcement of the transaction...
read moreAAA Auto to open second call centre
September 16, 2015 | 11:50pm CEToriginalLocation, reasons, competences, timing, HR, profile of the current call centre in Prague, parallel recruit for business and administrative positions, offered benefits...
read morePrague to renew part of municipal police fleet with Hyundai and Volkswagen vehicles
September 16, 2015 | 11:38pm CEToriginalSuppliers (carmaker, dealer), types and number of vehicles, prices, the condition of the current fleet, history…
read moreBWI Group to build another plant in Central Europe
September 15, 2015 | 11:57pm CEToriginalLocation, developer, HR, timing, products and clients of the Chinese company, profile of Czech subsidiary...
read moreACEA: Car sales in EU up by 9.5% in July, by 11.2% in August
September 15, 2015 | 11:49pm CEToriginalThe market has been growing for two years in a row. Results in individual countries, sales of carmakers, comments of PwC, KPMG and CSOB analysts, the impact of refugee crises in production...
read moreFirst Rolls-Royce dealership in Czech Rep to be opened in 2016
September 15, 2015 | 01:02am CEToriginalThis showroom will find a place in a hotel in Prague. Location of the showroom and service centre, the sales plan of the Czech dealer, the global sales, models...
read moreLeasePlan recorded significant growth of its fleet and revenues in Czech Rep in H1
September 15, 2015 | 12:53am CEToriginalProfit exceeded the plan by 20%. Planned business and financial results in 2015, the global results, HR...
read moreCAAM worsened 2015 car sales outlook in China again
September 15, 2015 | 12:40am CEToriginalThe new estimate, results in August and over the first eight months, the decline for the fifth month in a row, GDP, limited registrations of new cars due to smog and traffic jams, analysts' comments...
read moreVolkswagen Financial Services to eventually rename its Czech branch
September 14, 2015 | 03:40am CEToriginalThe new name of SkoFIN, reasons, timing, the new sub-brands, related communication campaign, upgraded website...
read moreCSU: Car prices in Czech Rep increased m/m in August 2015
September 14, 2015 | 03:22am CEToriginalMotorcycles, servicing and spare parts became more expensive, too. Prices of new and used cars, however, developed differently. Detailed data, the annual progress...
read moreAutomakers cancel plans for layoffs in Brazil
September 14, 2015 | 03:02am CEToriginalReasons, the strike of Ford employees, car sales in 2015, the situation at Daimler and GM…
read moreSkoda needs to increase production of Octavia cars
September 10, 2015 | 09:33pm CEToriginalReasons, demand in 2015, the current waiting time, requirement of the carmaker for Saturday shifts at one plant, more options...
read more
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Source: ECB, September 23, 2025