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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
sAutoleasing slowly entering operating lease in Czech Rep
April 21, 2015 | 02:01am CEToriginalSo far, it has been providing operating leases to corporate clients of Ceska sporitelna only. Partner, business results, credit Puzzle with elements of operating lease…
read moreAutomotive CEE Day 2015: More carmakers and suppliers applied for contracting meeting in Poland
April 20, 2015 | 11:56pm CEToriginalThese are Volkswagen/Audi, DAF and Kirchhoff Automotive. The number of participants and appointments…
read moreSaar Gummi plans new investment in Czech Rep
April 19, 2015 | 11:56pm CEToriginalLocation, extent and amount of the investment, timing, insourcing of one activity, savings, supplies to plants within the group, sales to other companies...
read moreKia Motors to expand engine production in Slovakia
April 19, 2015 | 11:47pm CEToriginalThe introduction of a third shift at the Zilina plant, timing, HR, supplies of engines for Hyundai...
read morePiech (Volkswagen): I am keeping myself at a distance from Winterkorn, main brand VW is not doing well
April 19, 2015 | 11:35pm CEToriginalMeeting of the Steering Committee of the Supervisory Board, possible changes in the Supervisory Board, speculation about the contract extension of Winterkorn and eventual successor...
read moreOne manager left Czech branch of Hertz Lease
April 17, 2015 | 12:17am CEToriginalThe manager and his professional career, position, timing, his new place of work...
read moreCar sales in EU up by 10.6% in March
April 17, 2015 | 12:04am CEToriginalThe market is growing 19 months in a row. Results in individual countries, registrations in Q1, sales of Skoda, return to more expensive cars, comment and production outlook of PwC for 2015...
read moreAnother manager to leave Czech representation of Hyundai Motor
April 16, 2015 | 11:56pm CEToriginalThe manager and his professional career, position, timing, successor...
read moreFutaba strengthens European sales team, focusing on non-Japanese carmakers
April 15, 2015 | 11:17pm CEToriginalThe share of Toyota Group on sales, plans, PowerEV, existing and new clients of the Czech plant, production, investments, HR, business results, strategy Vision 2020...
read moreCollective bargaining at Czech plants of Skoda Auto began to influence production
April 15, 2015 | 11:03pm CEToriginalCancellation of several shifts, employee participation in protest, the current union wage demand, outsourcing and flexible accounts, several-day-long strike threat, the next negotiation...
read more2015 Bratislava Motor Show: 21 exhibitors to present 29 car brands
April 15, 2015 | 10:43pm CEToriginalThe carmakers, distributors and dealers concerned, the return of Audi and BMW brands, more modest Exclusive Salon, testing of EVs, a delegation from Taiwan...
read moreCzech leasing and finance association to be led by Jirina Tapsikova from SkoFIN next two years
April 15, 2015 | 12:05am CEToriginalThis will be her third term of office. Recent changes and expansion of the CLFA Board with representatives of Societe Generale and Erste...
read moreFord to take control of its loss-making JV in Russia
April 14, 2015 | 11:54pm CEToriginalAt the same time, the carmaker will provide Ford-Sollers with financial support. Preferential shares, the possibility of controlling the joint venture, sales in Q1...
read moreFleet of the Year 2015: Volkswagen Passat became fleet novelty of the year in Czech Rep
April 14, 2015 | 11:47pm CEToriginalSkoda, Volvo, Hyundai, VW and Fiat vehicles won in individual categories. BMW, Opel, Ford, and Mercedes also succeeded. Details of the new major category...
read moreSociete Generale appointed new head of Essox
April 14, 2015 | 02:02am CEToriginalRenaud Stern goes within the Consumer Finance division to another European country. The new General Manager of the Czech branch of the credit company will be...
read moreUnion: Skoda Auto employees with sanctions for demonstration
April 14, 2015 | 01:42am CEToriginalThe carmaker denied that and added it only sent employees instructions for participation and continues to co-operate in providing the event...
read moreEurop Assistance appointed new Sales Director for Czech Rep and Slovakia
April 14, 2015 | 01:31am CEToriginalHe came to the leading assistance service from a telecommunications company. The manager and his career, Jakub Hodanek...
read more2015 Bratislava Motor Show: Taiwanese companies seeking business opportunities in CEE
April 12, 2015 | 11:50pm CEToriginalTrade mission of Taiwan in Slovakia, organizer, products especially for aftermarket, increasing export of Taiwanese auto parts...
read moreAutocentrum Barth won major contract from Erste in Czech Rep
April 12, 2015 | 11:39pm CEToriginalFleet renewal not only of Ceska sporitelna, the number of vehicles, brands and models, several-year contract, other corporate clients, annual fleet sales...
read moreVitkovice Machinery Group to convert company fleet to CNG, opting for Skoda brand
April 12, 2015 | 11:28pm CEToriginalModels, the number of cars, timing, suppliers-dealers, a record CNG contract for Skoda Auto, remarketing of CNG vehicles, expansion of the network CNGvitall filling stations in the Czech Republic...
read moreCSU: Car prices in Czech Rep stagnated m/m in March 2015
April 12, 2015 | 11:14pm CEToriginalOnly service works became more expensive. Prices of new cars, used cars, motorcycles and spare parts; y/y development...
read more2015 Bratislava Motor Show: 32 brands to introduce over 70 Slovakia’s premieres
April 10, 2015 | 02:04am CEToriginalGreat representation of premium and exclusive brands, Exclusive Salon, test drives, conferences on aftermarket, balance of 2014...
read moreVolkswagen to build new body shop in Slovakia
April 10, 2015 | 01:51am CEToriginalInvestment amount, timing, production for Bentley, HR, production of the Bratislava plant in 2014...
read moreTrade unions at Skoda Auto’s Czech plants announced strike alert
April 10, 2015 | 01:42am CEToriginalDate and locations of planned protests, possible restrictions on the production, the carmaker’s wage proposal...
read moreTomas Velek to become new head of Audi in Czech Rep
April 9, 2015 | 12:48am CEToriginalAfter ten years, he is coming back to the Volkswagen Group, where he has already worked with the Audi brand. Thomas Otter...
read more
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