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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
Court ordered Volkswagen to sell stake in Suzuki back
September 10, 2015 | 09:23pm CEToriginalAt the same time, however, the court acknowledged the right of Volkswagen to compensation because Suzuki violated the terms of the Partnership Agreement. The former and the current value of the shares...
read moreSales of cars and vans in Russia fell by 19.4% in August
September 10, 2015 | 09:16pm CEToriginalSlower pace of decline, the results over the first eight months, the demand for Skoda cars, AEB comment...
read moreNexen Tire hires local managers in Central Europe
September 10, 2015 | 02:49am CEToriginalThis is related to the expansion of activities in manufacturing, distribution and sales. The company has been recently strengthened by managers from competitors and the state administration...
read moreInsurance companies in Czech Rep to further increase prices of damage liability in 2015-2016
September 10, 2015 | 02:38am CEToriginalThe stated reasons, the amount of growth rates, the situation of Allianz, CSOB, Slavia and CPP companies...
read moreWustenrot sold insurance business in Czech Rep
September 8, 2015 | 11:44pm CEToriginalIt is the life and non-life insurance companies. The buyer and his profile, consultant, candidates, reasons for sales, financial results, partnership in the insurance...
read moreAnother Skoda dealer in Czech Rep changed owner
September 8, 2015 | 11:30pm CEToriginalThe firms concerned, localities, other activities, web, completion of the transaction, further expansion...
read moreToyota Motor aims to reduce prices at parts suppliers after year
September 7, 2015 | 11:54pm CEToriginalReasons, requirements of the carmaker, the history of negotiations with component makers, financial results, Toyota New Global Architecture...
read moreContinental restored Czech rubber conference Gumference
September 7, 2015 | 11:48pm CEToriginalDate, place, program of Gumference 2015, co-organizers of the 3rd year, cooperation stock market, Taraxagum Dandelion Rubber, delegates...
read morePolish army apparently decided for Scania vehicles in long tender
September 7, 2015 | 11:34pm CEToriginalThe offer of the Polish company with Tatra vehicles was reportedly tightly second. The volume of the contract, contract signing, the parameters of vehicles...
read moreSkoda SUV Coupe: Skoda considering further expansion of SUV range
September 6, 2015 | 11:52pm CEToriginalVisualization, timing, statement of the carmaker, upcoming and planned models (Snowman, Yeti II, B-SUV), Hyundai Tucson Coupe...
read moreNexen Tire to begin construction of plant in Czech Rep soon
September 6, 2015 | 11:29pm CEToriginalEIA, zoning, building permit, production capacity, HR, employee training, R&D centre...
read moreVolkswagen started production of engines in Russia
September 6, 2015 | 11:18pm CEToriginalLocation, capacity, drive units for VW and Skoda models, car sales in the first seven months...
read moreSDA: Registrations of new cars in Czech Rep up by 31.1% in August
September 4, 2015 | 04:13am CEToriginalGrowth was driven by Skoda, Ford, Opel, Hyundai, VW, BMW, Renault and Nissan. The accumulated results, data net of short-term registrations, development in commercial vehicles...
read moreDaimler opened virtual Mercedes Me Store in Czech Rep
September 3, 2015 | 11:57pm CEToriginalPartnership with the most expensive street in the country, the first real Mercedes Me Store in a German city, Mercedes-Benz Prague Fashion Week...
read moreOwners of Volkswagen suggested manager to new chief of Supervisory Board
September 3, 2015 | 11:50pm CEToriginalThe Supervisory Board also proposed extending the current contract to the CEO with a few years...
read moreVolkswagen began providing 4-year warranty for commercial vehicles in Czech Rep
September 3, 2015 | 02:09am CEToriginalThe extended warranty applies to both vans and passenger versions. The models concerned, mileage limits, coverage, advertising campaign...
read moreCzech Leasing and Finance Association appointed new Chairman
September 3, 2015 | 01:46am CEToriginalIt happened after Jirina Tapsikova had gone from member company SkoFIN. Her successor became a former member of the CLFA Board...
read moreCar sales in Germany grew by 6% in August
September 3, 2015 | 01:35am CEToriginalExport, results in the first eight months, the share of domestic brands, registrations in France, Italy and Spain...
read moreJirina Tapsikova moved to another position within Volkswagen Group
September 2, 2015 | 02:13am CEToriginalCountry, company, new function, her successor in the Czech branch of Volkswagen Financial Services...
read moreNissan began providing 5-year warranty for commercial vehicles in Europe
September 2, 2015 | 12:26am CEToriginalThe warranty has been extended also at original accessories. The models concerned, mileage limit, exceptions...
read moreBAIC wants to acquire stake in Daimler
September 2, 2015 | 12:15am CEToriginalSize of the stake, the advancement of the negotiations, timing, accession of Chinese companies to Western carmakers...
read moreJATO: Car sales in Europe up by 9.1% in July
August 31, 2015 | 11:35pm CEToriginalDevelopment in individual countries, the Czech Republic in Top 5 fastest growing markets, results of brands, most demanded models, results over seven months...
read moreSeat won huge fleet contract in Europe
August 31, 2015 | 11:17pm CEToriginalCountry, client, the size of the fleet, models, engines, timing, special adjustments and their supplier, the use of cars, fleet trade of the brand in 2014...
read moreCar Importers Association refined statistics of new car drives in Czech Rep
August 31, 2015 | 11:05pm CEToriginalChanges relate to the category of EVS and HEVs. Details, demand for electric and gas vehicles in July, the leaders of alternative drives...
read moreRolls-Royce to open first dealership in Czech Rep
August 31, 2015 | 12:39am CEToriginalThe local partner, location of the showroom and service centre, timing, sales on the Czech market, the service potential, competitors in Central Europe...
read more
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