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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
Hlava (Kiekert): Acoustics will play greater role in locking systems
March 17, 2015 | 11:53pm CEToriginalProduction growth in the Czech Republic, new orders, expansion of the R&D centre, a new acoustic chamber, HR, payroll, a high proportion of temporary employees, clients, great potential in the US and China...
read moreCar sales in EU up by 7.3% in February
March 17, 2015 | 11:46pm CEToriginalThe market has been growing for 18 months in a row. Results in individual countries, sales of carmakers, comments and views of KPMG and PwC for 2015...
read moreInvestor entered Keri, acquiring majority stake
March 17, 2015 | 01:47am CEToriginalThe Private Equity company and its profile, the new shareholder structure, financial results of Keri, financing bank, transaction advisors...
read moreCSU: Car prices in Czech Rep dropped m/m in February 2015
March 16, 2015 | 11:53pm CEToriginalPrices of new and used cars evolved differently, as well as the prices of spare parts and service works. Rising prices of motorcycles, detailed data, the y/y development...
read moreGM to suspend production in Russia
March 16, 2015 | 11:45pm CEToriginalPeriod of the production downtime at a factory in St. Petersburg, sales view of Toyota in 2015...
read moreWages of employees of Czech plant of Hyundai to rise by 3.3%
March 16, 2015 | 11:36pm CEToriginalAgreeing on an addendum to the collective agreement after two months of negotiations, increase in the bonus for meeting the production plan, comments...
read moreNew Maserati showroom to be built in Czech Rep
March 16, 2015 | 02:34am CEToriginalInvestor, location, reasons for the construction, timing, sales of new Maserati cars on the Czech market in 2014...
read moreFormer Allianz top manager to become new head of Ceska pojistovna
March 15, 2015 | 11:49pm CEToriginalHe has been working in the insurance industry for nearly 25 years, being also the head of the association of insurance companies in one country in Central Europe. Jaroslav Mlynar’s successor, timing...
read moreTwo Polish employees at Skoda Auto were stealing parts
March 15, 2015 | 11:44pm CEToriginalThese are workers from one Czech factory. They were already arrested by the police. Location, affected components, the amount of damage, detection method...
read moreLouwman increased new car sales in Czech Rep by 40% in 2014
March 15, 2015 | 11:36pm CEToriginalThe interest in individual brands Toyota, Lexus, Ford and Suzuki, used car sales, the Czech HEV market leader, the new Toyota showroom...
read moreOICA: Global vehicle production increased by 3% in 2014
March 15, 2015 | 11:26pm CEToriginalSituation on each continent, leaders, output growth in the Czech Republic at a double-digit pace, sales...
read moreVolvo Easily: Volvo began offering operating leases for consumers in Czech Rep
March 12, 2015 | 11:28pm CEToriginalThe financial partner, the length of the lease, the parameters of full-service leasing, affected models, prices...
read moreSkoda Auto's operating profit in 2014 increased by 56.6% with revenue growth of 13.9%
March 12, 2015 | 11:09pm CEToriginalGrowth was driven by the Rapid, Yeti and Octavia models, other models recorded a fall in production. Purchasing, car sales, production in China...
read moreDolansky: Kia increased sales to companies in Czech Rep in 2014 to more than 2,600 cars
March 12, 2015 | 10:56pm CEToriginalThe outlook for 2015, success in a tender of Czech Post, the postal fleet financing by traditional supplier Arval, cars painting on request...
read moreCar with Reason: Cebia and Essox launched program in Czech Rep for purchase of used car from individuals
March 12, 2015 | 01:07am CEToriginalWhile Essox provides funding, Cebia reviews the situation and history of the vehicle. Microsite, price of the services, advertising at Sauto.cz, an example of the loan...
read moreTrade unions in Skoda Auto Kvasiny got out of KOVO union
March 12, 2015 | 12:51am CEToriginalThey have thus followed union organizations in other Czech plants of the carmaker. Timing, union penetration, wishes to continue the cooperation...
read moreVolkswagen to move part of Tiguan production to America
March 12, 2015 | 12:41am CEToriginalThis will happen with the advent of the second generation, which will also receive the seven-seat version. Location, investment amount, timing, HR, planned production volume...
read moreRochling to expand one plant in Czech Rep
March 11, 2015 | 12:06am CEToriginalThe location, new halls and presses, purchase of land and its price, HR, timing, new orders, automotive products, clients...
read moreIveco Trucks appointed new marketing manager for Czech Rep and Slovakia
March 10, 2015 | 11:55pm CEToriginalThe position was assumed by a person with experience in competitive truck manufacturer. Details...
read moreMobilita+: CSOB Leasing discounted leases of some cars to consumers in Czech Rep
March 10, 2015 | 11:45pm CEToriginalThe affected Ford, Kia, Skoda, Hyundai, Volvo and Audi models, the current and the previous instalments, comparison with the ownership, validity of the special offer...
read moreGM plans to repurchase shares for USD 5 billion
March 10, 2015 | 11:30pm CEToriginalThe step is part of an agreement with a group of investors that should stave off a power struggle within the company’s management. Use of the cash, dividend increase...
read moreBMW Group to make personnel changes in Central Europe
March 9, 2015 | 11:56pm CEToriginalOne manager of the Czech branch of BMW and Mini will move to Slovakia, causing a shift of another manager. The tender for the vacant position of...
read moreAuto Palace won contract from one energy firm in Czech Rep
March 9, 2015 | 11:43pm CEToriginalSupplied cars (number, brand, model, engine, equipment), funding through operating lease, negotiations on the renewal of the sister company fleet...
read moreTomas Vanek left Toyota Motor
March 9, 2015 | 11:34pm CEToriginalHe held the position of PR manager in the Czech representation of the carmaker. His agenda will be covered both internally and externally...
read moreVahland: Skoda Auto to expand production in another plant in Czech Rep
March 8, 2015 | 11:46pm CEToriginalLocation, capacity increase, timing, prepared and considered models, plans with the new Superb, hybrid version, the situation in post-Soviet countries...
read more
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