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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
Triglav focuses on South East Europe, agreed to sell Czech branch
October 21, 2014 | 12:11am CEToriginalThe reasons for the sale, the buyer and its profile, transaction financing, the profile of the insurance company Triglav Pojistovna focusing mainly on automobile insurance...
read moreTwo top managers left Hyundai Motor Europe
October 20, 2014 | 11:42pm CEToriginalThe carmaker is selecting their successors. One of them is Allan Rushforth, who is going to take up…
read moreRescuers from Liberec Region to change most of their ambulances
October 20, 2014 | 11:24pm CEToriginalThe number of cars, price, timing, funding, obsolete fleet, problems with tenders and accidents, ambulance rentals from other regions...
read moreMetaldyne wants to double production in Czech Rep by 2020
October 19, 2014 | 11:46pm CEToriginalLocations, investment, new Schuler press, grants from the EU, HR, technologies, products and clients, development of lightweight shaft for trucks...
read moreCeska pojistovna appointed new marketing director
October 19, 2014 | 11:35pm CEToriginalThis happened after six months, when Hana Kovarova left the company. The new head of marketing in the largest insurance company in the Czech Republic became a former UniCredit manager...
read moreCar sales in EU up by 6.1% in September
October 19, 2014 | 11:21pm CEToriginalThe market has been growing for 13 months in a row. Registrations in Q1-3, drop of smaller Western European markets, results of the Skoda brand, comments by KPMG and AutoSAP...
read moreVarela: Toyota and PSA to increase production at Czech plant
October 16, 2014 | 10:35pm CEToriginalThe current and future working week, HR, production plans for the years 2014 and 2015, the increase in the number of components and equipment of new mini cars, other product for TPCA...
read moreALD Automotive created new department in Czech Rep
October 16, 2014 | 10:22pm CEToriginalIt will have responsibilities, among other things, for branded operating leases for carmaker. Related personnel changes...
read moreCEE Automotive Forum 2014: Further 13 speakers to join conference
October 16, 2014 | 10:17pm CEToriginalThese are representatives of JATO Dynamics, GM, Fiat, Toyota, Mitsubishi Electric, Brose, Exact Systems or Hays. Contracting meetings, companies and their delegates, sponsors...
read moreGroup of entrepreneurs and lawyers successfully blackmail suppliers of carmakers in Czech Rep
October 16, 2014 | 10:07pm CEToriginalA procedure similar to fictitious bankruptcy proceedings, using subcontractors, trumps of blackmailers, the suppliers’ reaction, the amount of damage, fear of resolving the situation through the police and courts...
read moreEC: Agreement of Luxembourg with Fiat Finance and Trade is apparently illegal aid
October 16, 2014 | 09:57pm CEToriginalFiat Finance and Trade lends money to other divisions of the Fiat Group. Details, possible consequences...
read moreAbris to take over 95% stake in AAA Auto
October 15, 2014 | 11:57pm CEToriginalAnthony Denny’s share for sale, the total price and price per share, management, international expansion, offers to minority shareholders...
read moreCSU: Car prices in Czech Rep dropped m/m in September 2014
October 15, 2014 | 11:51pm CEToriginalWhile new cars became more expensive, prices of used cars and motorcycles went down. Prices of servicing and spare parts developed differently. Detailed data, the annual development...
read morePneumatiky.cz: Winter tires more expensive by 3% y/y in Czech Rep
October 15, 2014 | 11:45pm CEToriginalReasons, the increase in prices of Bridgestone, Barum, Continental and Nokian, prices of tires for the Skoda Octavia, another possible rise in prices...
read moreFirst Hyundai dealership according to new concept to be built in Czech Rep
October 14, 2014 | 11:56pm CEToriginalThe company, location, builder, parameters of the new sales and service complex, dealer’s sales results...
read moreNissan looking for new dealers for three locations in Czech Rep
October 14, 2014 | 11:45pm CEToriginalThe requested regions, the first dealership in CEE under the new concept, a new dealer preparing two new showrooms...
read moreCar and van sales in Russia fell by 20.1% in September
October 14, 2014 | 11:35pm CEToriginalThe slowdown in the pace of decline, the reasons and influences, results in Q1-3, sales of AvtoVAZ, Volkswagen Group and Skoda brand, AEB’s comment...
read moreAbris obtained consent of Czech Antitrust Office to acquire AAA Auto
October 13, 2014 | 11:57pm CEToriginalThe profile of the British investment company, which has not been active in the Czech Republic yet, completion of the transaction...
read morePSA appointed one head for all three brands in Czech Rep
October 13, 2014 | 11:49pm CEToriginalIn addition to Citroen and DS brands, Olivier Parry also gained responsibility for Peugeot. Reasons, Nicolas Perrin...
read moreFiat Chrysler Automobiles entered stock market
October 13, 2014 | 11:33pm CEToriginalStock exchanges concerned, share prices on the first day, sales plans of the seventh largest carmaker...
read moreALD Automotive Fleet Awards 2014: Daimler, LeasePlan, Ceska pojistovna, Sixt, Elit and Siemens successful in seventh year
October 12, 2014 | 11:38pm CEToriginalFleet muses for Company Car of the Year in the Czech Republic went to Toyota, Peugeot, Skoda, Mercedes, Jaguar, Land Rover, VW, Ford, Mazda and Audi. Managers of the Year...
read moreVolkswagen gained permission to build new factory in Poland
October 12, 2014 | 10:48pm CEToriginalThe plant for production of VW Crafter vans will help create up to 10,000 jobs in the Polish automotive industry. Production capacity...
read morePrague public transport company to change one-third of its bus fleet
October 12, 2014 | 10:37pm CEToriginalSize of the contract, the tender notice, the preliminary price, delivery process, timing, the average age of the fleet...
read morePR agency of Porsche Czech Republic to change specialist for one brand
October 12, 2014 | 10:26pm CEToriginalThe reasons, timing, the recent strengthening of external communications of the Czech distributor of Volkswagen, Audi and Seat brands...
read moreNew car registrations increased by 13.1% in Slovakia in Q1-3
October 12, 2014 | 10:16pm CEToriginalSales of the Slovak market leader Skoda grew faster. Czech carmaker's market share...
read more
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