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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
Hyundai expands operations in Central Europe
June 8, 2015 | 12:09am CEToriginalMerger of subsidiary companies, a new branch in the Czech Republic, products, synergies, changes in the supply chain, investment in the region, HR...
read moreStefan Tillinger leaving Generali
June 7, 2015 | 11:43pm CEToriginalHe has been working in the group for almost 15 years. His successors in the top management of the Czech branch of Generali and the Board of Ceska pojistovna...
read moreTatra increases production further, to hire 80 people
June 7, 2015 | 11:31pm CEToriginalBusiness and financial results in 2014, the plan for 2015, the current contracts, growing demand for military vehicles, the new Titus, development partner...
read more2015 Prague Motor Show: Exhibitors already confirmed 26 car brands
June 4, 2015 | 11:04pm CEToriginalBrands concerned, presentations of dealers with greater support of carmakers, availability of individual buildings, models exhibited, the number of cars for test drives...
read moreLMC Automotive: Car sales in Western Europe up by 0.2% in May
June 4, 2015 | 10:53pm CEToriginalGrowth has almost stopped. The reasons stated, results in the first five months, the outlook for 2015...
read moreGM apparently violated law in scandal with ignition
June 4, 2015 | 10:44pm CEToriginalConcealment of the defect, recalls after more than 10 years, the number of deaths, talks with investigators about the fine, a record penalty for an automotive company in the United States...
read moreMarchionne plans to merge FCA and another large company
June 4, 2015 | 04:25am CEToriginalGM refused to negotiate. Negotiations with technologic companies, meetings with the heads of Tesla Motors and Apple...
read moreSDA: New car registrations in Czech Rep up by 17.7% in May
June 4, 2015 | 04:13am CEToriginalGrowth was driven by Skoda, VW, Dacia, Nissan, Audi, Opel, Ford, Fiat and Peugeot brands. Suzuki and Citroen did not show good results. Development in commercial vehicles...
read moreHonda, BMW and FCA recall more cars due to Takata airbags
June 4, 2015 | 03:58am CEToriginalThe risk of injury is imminent especially in regions with high humidity. Details...
read moreLamborghini to make its first SUV in Italy
June 3, 2015 | 04:33am CEToriginalAccording to unofficial information, part of the production could take place in Slovakia, like with the Porsche Cayenne. The amount of incentives, HR, timing, price, annual production...
read moreDas RentAuto: Volkswagen launched van rental in Czech Rep
June 3, 2015 | 04:12am CEToriginalPassenger versions are offered as well. Possibilities of use, composition and age of the fleet, rental length, prices from CZK 1,000/day, mileage limit, insurance, branches, partner, website...
read moreVDA: Car sales in Germany fell by 6.7% in May, went up after deduction
June 3, 2015 | 01:05am CEToriginalProduction and exports showed a slump, too. Influence of the number of working days, results in the first five months, registrations in France, Italy and Spain...
read moreBMW Group chose new Marketing Head in Czech Rep
June 2, 2015 | 04:16am CEToriginalHe will be responsible for promoting the BMW and Mini brands. It is a former O2 manager...
read moreAuto Esa upgraded its offer of guarantee service
June 1, 2015 | 11:41pm CEToriginalCooperation with a partner, service book, the scope of maintenance, safety glass marking, price of the product, customer savings, additional discounts, business expectations...
read moreWustenrot expanded damage liability with indemnity limit of CZK 100/100 million in Czech Rep
June 1, 2015 | 11:29pm CEToriginalThe surcharge on insurance, accident insurance for children free of charge, additional insurance, a 30% bonus after two years, mobile application with data on maintenance and operation...
read moreTravel in style. Travel in space: Skoda launched global campaign for new Superb
June 1, 2015 | 02:47am CEToriginalAuthor of the campaign, used communication channels, TV spot, Superb Combi and its sales...
read moreMichelin appointed new Sales Director for Central and North Europe
June 1, 2015 | 02:29am CEToriginalHe will be responsible for six countries including the Czech Republic and Slovakia. The manager and his previous career, successor and his new job...
read moreSDA: 67 HEVs and 44 EVs registered in Czech Rep in April
May 31, 2015 | 11:26pm CEToriginalA total of 247 vehicles powered by CNG and 129 cars by LPG were also added to the registry. Leaders of alternative drives…
read moreSkoda Auto fined for setting margins
May 29, 2015 | 04:46am CEToriginalIt violated the law of the Czech Republic and EU. Duration of prohibited behaviour, cooperation with the antimonopoly office, mitigating circumstances, the amount of penalty...
read moreCSOB Leasing agreed to finance one Isuzu model in Czech Rep
May 29, 2015 | 04:39am CEToriginalFor now, it means dealer financing only, but the companies are leading talks on the products of customer financing. Former financial partner, dealer network...
read moreCzech Gas Association appointed new president
May 29, 2015 | 02:07am CEToriginalThe position has been occupied by an RWE manager again. Visions for the period 2015-2018, amendments to the statutes, increase in the number of vice-chairmen, change in the periodicity of the congress of CPS...
read moreCarmakers continue limiting production in Brazil
May 29, 2015 | 01:57am CEToriginalLayoffs, shutdowns, paid holidays, sales slump in 2015, the situation at Daimler, Fiat Chrysler Automobiles and Volkswagen...
read moreTsubaki wants to build plant in Czech Rep
May 28, 2015 | 12:01am CEToriginalLocation near the car plant, the size and price of the land, products, HR, timing, negotiations with CzechInvest, other activities...
read moreAudi Now: Audi expanded offer of operating lease for consumers in Czech Rep
May 27, 2015 | 11:48pm CEToriginalOther models and versions (4x4, CNG, automatic transmission), change of the lease length, two mileage limits, two amounts of deductible at insurance, prices from CZK 7,899 per month...
read moreMarketer of the Year 2014: Manager of Skoda Auto took main award
May 27, 2015 | 11:38pm CEToriginalHe received the award for successful marketing communication focused on digital marketing. The manager and his profile...
read more
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