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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
Daimler fined for anti-market price-fixing in China
May 4, 2015 | 11:57pm CEToriginalSome of the Mercedes dealers got fined, too. The amount of penalty, details of the prohibited behaviour...
read moreTesla to offer battery systems for electricity storage
May 4, 2015 | 12:39am CEToriginalUsage in enterprises and households, part of the smart energy concept, specifications of the Powerwall product, prices, timing...
read moreArval Ambasador: Arval launched new campaign in Czech Rep
May 4, 2015 | 12:22am CEToriginalTarget group, media types used, the ambassador and his profile (manager, company, transition to operating lease, changes in the fleet, brands, models, countries of cooperation)...
read moreVolkswagen has two new members of Supervisory Board
May 3, 2015 | 11:48pm CEToriginalThey have occupied the vacancies after the resignation of Ferdinand Piech and his wife Ursula. The court in Braunschweig appointed...
read moreAGC Automotive intends to increase production in Czech Rep by double-digit pace in 2015
April 30, 2015 | 01:30am CEToriginalThe results of 2014, HR, planned investments, new orders from Daimler and Volkswagen, clients...
read moreSkoda Auto increased profitability by 1.4 percentage points in Q1
April 30, 2015 | 01:13am CEToriginalIt happened along with an increase in production, sales, revenues, profit and declining investments. Growth was driven by the Octavia and Rapid. Details, comment...
read morePeugeot Emotion Day 2015: Peugeot organizing test roadshow in Czech Rep
April 30, 2015 | 01:03am CEToriginalIt is going to visit 32 cities to test 15 cars within two months. Competitions, microsite, expected attendance...
read moreWolfram Motz promoted from Czech branch of MBtech to AKKA Technologies
April 28, 2015 | 11:44pm CEToriginalHe will be responsible for more countries including Czech Republic. The operating director of MBtech Bohemia was appointed...
read moreBosch wants to take 12,000 graduates in 2015
April 28, 2015 | 11:25pm CEToriginalLocations, fields, R&D, internet of things, software for autonomous vehicles, support for start-ups, Bosch eBike, internal social network Bosch Connect, a system for finding a parking place, support for women, job-sharing...
read moreSDA: 46 HEVs and 35 EVs registered in Czech Rep in March
April 28, 2015 | 11:15pm CEToriginalA total of 429 vehicles powered by CNG and 155 cars by LPG were also added to the registry. Leaders of alternative drives...
read moreEvercore ISI: Most investors hope for profit and value growth of Volkswagen after Piech’s departure
April 28, 2015 | 03:25am CEToriginalDetails of their expectations (profitability, results abroad, acquisitions), the reaction of the stock market...
read moreMichelin optimizes distribution in Europe
April 28, 2015 | 03:17am CEToriginalChanges in Central Europe, a shift of some activities, the profile of Michelin Czech Republic...
read moreHyundai: Czech dealers to adapt their showrooms according to new concept by 2017
April 28, 2015 | 03:09am CEToriginalThe plan for 2015, the upgrade of a demonstrational showroom in Prague, which serves also for professional purposes...
read moreJeroen van Leeuwen left CSOB Pojistovna
April 26, 2015 | 10:51pm CEToriginalHe has been leading the fifth largest insurance company in the Czech Republic for nearly 13 years. Reasons, successor, the financial results of the company in 2014...
read moreFerdinand Piech resigned as Chairman of Volkswagen Supervisory Board
April 26, 2015 | 10:38pm CEToriginalHis wife Ursula is also leaving the Supervisory Board. Successor, the support of shareholders for Winterkorn...
read moreLinde Material Handling converts car fleet to CNG in Czech Rep
April 26, 2015 | 10:24pm CEToriginalIn Europe, the company is testing electric service vans. Brands and models, financing, savings, warehouse trucks with five types of propulsion, clients, production in three locations in the Czech Republic...
read moreSaarGummi to build third plant in Czech Rep
April 23, 2015 | 11:45pm CEToriginalLocation, reasons, moving production, investment amount, timing, HR, sheltered workshops, transportation for employees...
read moreSkoda Auto and unions concluded collective bargaining, tariff wages in Czech Rep to rise by 3.5%
April 23, 2015 | 11:30pm CEToriginalAgreement on wages for one year, bonuses for extra shifts, increasing contributions to pension savings, the promise of a single bonus...
read morePiech allegedly wants to remove Volkswagen CEO soon
April 23, 2015 | 11:15pm CEToriginalPiech denied this effort. The head of the carmaker’s works council and the major shareholder Lower Saxony reiterated support for Winterkorn. The upcoming general meeting of shareholders...
read moreKiekert to expand production in Czech Rep, taking 200 people
April 23, 2015 | 02:38am CEToriginalThe new hall, new production lines, products, capacity, production of test series, clients from Europe and America...
read moreAuto Palace concluded several new fleet contracts in Czech Rep
April 23, 2015 | 02:25am CEToriginalCompanies, number of vehicles, brands and models, cooperating leasing companies, HR, other clients...
read moreVolvo AB appointed new CEO
April 23, 2015 | 02:14am CEToriginalThe company chose a manager from a competitive truck and bus maker. The affected managers, timing, restructuring program, financial results in Q1...
read moreSkoda Auto to cease production of Roomster in Czech Rep one month earlier
April 21, 2015 | 11:56pm CEToriginalReasons, timing, commercial version Praktik, successor (sister model, production location, start of production and sales)...
read morePSA Peugeot Citroen increases production in Europe
April 21, 2015 | 11:38pm CEToriginalReasons, original and new production plan for the second third of 2015, the models concerned, HR, sales in 2014 and in Q1 2015...
read moreFormer Skoda showroom in Czech Rep on sale
April 21, 2015 | 02:24am CEToriginalLocation, owner, history of the property, sales and rental agent…
read more
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