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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
PSA Peugeot Citroen to produce new model in Slovakia
March 8, 2015 | 11:36pm CEToriginalBrand, model, investments in the development of the car and the Trnava plant, output of the factory in 2014, capacity utilization, negotiations on wages with unions...
read moreBMW to build new auto parts store, possibly in Czech Rep
March 6, 2015 | 01:30am CEToriginalThe carmaker has not managed to get the chosen land in Germany. Location of the planned logistics centre for supplying plants, HR, details...
read moreAllianz appointed new director of car insurance in Czech Rep
March 6, 2015 | 01:12am CEToriginalThe company has promoted its own manager, who teamed his career exclusively with Allianz and vehicle insurance. The successor to Pavel Proks is...
read moreMedea Research: Sales of new cars in Czech Rep up by 25% in February
March 6, 2015 | 12:58am CEToriginalGrowth was driven by Skoda, VW, Dacia, Opel, Renault, Kia, Hyundai, Nissan and Mercedes. PSA and BMW were not successful. Suspect growth in registrations compared with Europe, purpose registrations...
read moreDefend entered Poland with insurance division
March 5, 2015 | 02:22am CEToriginalIt happened through the acquisition of a majority share of the Polish insurer providing extended warranties for automobiles. Objectives of Defend Insurance Group in Central Europe...
read moreSDA: Registrations of new cars in Czech Rep up by 28.2% in February
March 5, 2015 | 12:33am CEToriginalGrowth was driven by Skoda, Volkswagen, Dacia, Opel, Seat, Ford, Kia, Nissan and Hyundai. Poor results were shown by Citroen, Volvo, Suzuki and BMW. Comment and outlook of PwC...
read moreCaina-Andree: BMW to take on more than 8,000 employees in 2015
March 5, 2015 | 12:24am CEToriginalIt will thus follow up with the year 2014, when the carmaker also created several thousand jobs. Reasons, the situation in Germany...
read moreYamaha plans to renew car production
March 3, 2015 | 11:57pm CEToriginalThe Japanese motorcycle manufacturer also plans to build a factory in Europe. The location, amount of investment, models, drives, timing, selling markets...
read moreCSOB Leasing appointed new head of insurance division
March 3, 2015 | 11:51pm CEToriginalNew managing director of the subsidiary company 'CSOB Leasing Insurance Broker' is a manager with vast experience in automobile insurance in the Czech Republic. His predecessor, Jan Stary...
read moreBosch exchanged technical director in one plant in Czech Rep
March 3, 2015 | 11:44pm CEToriginalIt occurred within rotation. The affected managers, their former and new positions, job cuts in this factory...
read moreCar of the Year 2015: Volkswagen Passat became European Car of the Year, having large lead
March 2, 2015 | 11:56pm CEToriginalThe following are one all-new model and three new-generation cars. Details of the final ranking and scoring, Czech juror voting...
read moreCar sales in Germany up by 7% in February
March 2, 2015 | 11:48pm CEToriginalThe results in the first two months, VDA outlook for 2015, production and export of German carmakers, registrations in France, Spain and Italy...
read moreDucati Financial Services: Volkswagen introduces branded financing of Ducati motorbikes
March 2, 2015 | 11:36pm CEToriginalThe first countries, the launch in the Czech Republic, products offered including insurance, a former partner of the Czech distributor of Ducati...
read moreCar traders invented another trick to distort statistics of new registrations
March 2, 2015 | 03:22am CEToriginalThis method of re-exports cannot be revealed even by the statistics of de-registrations within six months. Details of the procedure used not only in the Czech Republic, companies involved...
read moreBusiness Lease entered Romania through acquisition of local firm
March 2, 2015 | 01:19am CEToriginalIt is part of the expansion strategy in CEE. The leasing company and its profile, renaming, related personnel changes...
read morePwC: Car sales in Russia might fall by up to 35% in 2015
March 2, 2015 | 01:06am CEToriginalDemand for imported vehicles should fall by more than 50%. AEB’s estimate, double-digit drop in January…
read moreKia chose original instrument to promote its new model in Czech Rep – dancing billboard
March 2, 2015 | 12:57am CEToriginalLocation, the affected model, its specifications and pricing, author and history of the advertising concept, business results and plans...
read moreCzech government going to support sale of green cars
February 27, 2015 | 02:54am CEToriginalSupport for state offices purchasing CNG and electric vehicles, financial resources, reduced excise tax on CNG after 2020...
read moreBruzkova: PSA wants to rent hundreds of cars to consumers in Czech Rep in 2015
February 27, 2015 | 02:42am CEToriginalResults of the pilot phase, the plan for individual brands Peugeot, Citroen and DS, target group for operating leases, expansion of the offer of predefined cars...
read moreIn-tech opened branch in Czech Rep, won orders from new clients here
February 27, 2015 | 02:32am CEToriginalIt is the fourth country of the company’s scope. Location, investment, HR, positions offered, consultancy of CzechInvest, services, customers...
read moreSlovak government introduced limits on purchase of official cars for authorities and businesses
February 26, 2015 | 01:54am CEToriginalFive categories according to seniority of the officials, price ceiling, exceptions, concerned and excluded organizations, bounding the price of the vehicle in accounting to company profits...
read morePeugeot received over 1,000 orders in the Czech Rep in January
February 26, 2015 | 01:31am CEToriginalIt has greatly been supported by the event '7 Days of Peugeot'. Attendance in showrooms, the number of orders received, the most sought models, a bonus when purchasing a car through a trade-in...
read moreCzech dealer of Ferrari and Maserati changed owner
February 25, 2015 | 12:31am CEToriginalNew investors at Scuderia Praha, the way of capital investment, timing, personnel changes, five-year strategy...
read moreHonda to replace CEO after six years
February 25, 2015 | 12:16am CEToriginalThis happens at a time when the company and other carmakers are facing problems with Takata airbags. Successor and his career, timing...
read moreCzech Ministry of Transport to select new directors of two auto-moto departments
February 25, 2015 | 12:10am CEToriginalDepartments and their job description, the officials concerned, temporary leaders, timing...
read more
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