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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 apparently plans to cut another 3,500 jobs
November 19, 2014 | 11:43pm CEToriginalLocations, timing, the execution of the plan using sensitive measures (early retirement, severance offer, a move within the group)...
read moreRWE to convert car fleet to CNG in Czech Rep
November 19, 2014 | 11:37pm CEToriginalA logical step of the biggest vendor of CNG in the country, a large order of Skoda CNG cars, suppliers (leasing company, dealer), fleet reduction, spreading of the network of filling stations...
read moreCirina: Assicurazioni Generali not to merge Ceska pojistovna and Generali in Czech Rep
November 19, 2014 | 11:27pm CEToriginalA similar strategy across Europe, the target groups of insurance companies, high profitability, the successor of Jaroslav Mlynar, estimation of market development in 2015...
read moreVolkswagen quits sale of Seat cars in Russia after eight years, loss to be replaced by Skoda
November 19, 2014 | 12:07am CEToriginalReasons, timing, sales results in 2013-2014, the share in the total sales of the Spanish carmaker...
read moreCar sales in EU up by 6.5% in October
November 18, 2014 | 11:34pm CEToriginalThe market thus grew for 14 months in a row. Registrations in the first 10 months, the fall in France, results of the Skoda brand, comments by KPMG and PwC...
read moreSales of cars, vans in Russia down by 9.9% in October
November 18, 2014 | 11:23pm CEToriginalThe slowdown in the pace of decline, the influence of the government program to support demand, growth of the Skoda brand, a comment by AEB...
read moreSkoda to offer plug-in hybrids and electric vehicles by 2018
November 17, 2014 | 11:57pm CEToriginalThe first models, timing, related investments in the affected plants, CNG drive, Volkswagen’s green mobility strategy...
read moreMassiver Leichtbau: Consortium of German companies dealing with lightweight constructions holds conference
November 17, 2014 | 11:42pm CEToriginalMembers of the initiative, the conference participants, contractual day, presenting the results of study on weight savings of a car, the model used...
read moreSouth Korea seems to import more cars from Europe than it exports in 2014
November 17, 2014 | 11:27pm CEToriginalMutual balance in Q1-3, the promotion of German premium brands in the Korean market, the free trade agreement between Korea and China...
read moreCzechBus 2014: Fourth year of fair to feature 18 bus brands
November 17, 2014 | 11:19pm CEToriginalThe exhibition area, exhibitors and exhibits, suppliers of components and service technicians, three conferences on CNG buses, electric buses and public transport...
read moreMotoSolutions Forum 2014, Automotive CEE Day: Automotive conference and contractual day to be held in Poland
November 14, 2014 | 12:15am CEToriginalDates, speakers, participants of the contractual day, including Shiloh Industries that manufactures only in America, sponsors...
read moreCzech Post: Arval and LeasePlan succeeded in largest tenders
November 14, 2014 | 12:06am CEToriginalValue of contracts, offered cars and vans, CNG and 4x4 drives, length of operating lease, options...
read moreFor Energo 2014: Czech Energy Fair to be accompanied by three interesting conferences
November 13, 2014 | 11:55pm CEToriginalThey will deal with e-mobility and intelligent transportation. Speakers, exhibitors and exhibits (Nissan, Volkswagen, Tesla, Blue Elyctra)...
read moreArval leased another larger fleet of CNG vehicles in Czech Rep
November 13, 2014 | 11:47pm CEToriginalThis is one of the existing clients. The company, affected cars and their number, driver training and its provider, Arval business plan for the CNG segment...
read moreZeman: Tatra entered into agreement in China, to invest EUR 20 million
November 13, 2014 | 12:05am CEToriginalThe Czech truck maker cut 250 jobs over the past year and a half, now taking on again. The production plan for 2014, expansion in Mexico...
read moreTPCA lowered production outlook in 2014
November 12, 2014 | 11:49pm CEToriginalThe forecast for the year 2015 does not change. The production of mini cars in the Czech plant of Toyota and PSA in the first 10 months, possibilities of the line, HR...
read moreVolvo AB to allegedly dismiss other 3,000 employees, primarily in Sweden
November 12, 2014 | 11:31pm CEToriginalThe company cut 4,400 jobs in administration over the last year. A plan to improve profitability...
read moreSkoda Fabia III: SkoFIN to launch rental without worries in Czech Rep in December
November 12, 2014 | 12:01am CEToriginalTest drives, a bonus when part-exchanging a car, preferential insurance with credit financing, Skoda Drive application, ratings in Euro NCAP tests, the number of orders...
read moreDaimler to revive Maybach brand
November 11, 2014 | 11:43pm CEToriginalLike Laurin & Klement at Skoda, Maybach will become a luxurious version of Mercedes-Benz cars. The first model and parameters, timing...
read moreAshok Leyland to sell most activities in Europe
November 11, 2014 | 03:38am CEToriginalThis is a factory in the Czech Republic and one company in Germany. Only a share in the UK bus manufacturer will be retained. Strategy, timing, value of assets...
read moreCSU: Car prices in Czech Republic down m/m in October 2014
November 11, 2014 | 02:10am CEToriginalWhile new cars became more expensive, prices of used cars went down. Prices of motorcycles, service works and spare parts, detailed data, the y/y development...
read moreBeloved Original: Volkswagen launched new campaign for commercial vehicles in Czech Rep
November 11, 2014 | 01:27am CEToriginalLocalization of the global campaign, authors-agencies, focus on the legendary Transporter, microsite, commercials...
read moreHyundai and Kia fined for false data on consumption in USA
November 11, 2014 | 01:21am CEToriginalThe highest penalty like this, the number of affected vehicles, loss of emission allowances, preventive measures...
read moreVision & Strategy 2025: Brose to make global competence centre from Ostrava
November 10, 2014 | 12:21am CEToriginalRelated investments in the Czech Republic, production of all products, R&D, innovation of logistics, clients, HR, Brose Kids Club, the new head of Czech plants...
read moreFa Rene extended one Mercedes-Benz showroom in Czech Rep, aiming to build another one
November 10, 2014 | 12:06am CEToriginalLocations, details of investments, AMG zone, HR, sales results in 2013, corporate clients of this two-brand dealer, change of the ownership structure...
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Source: ECB, September 23, 2025