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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 continues to optimize distribution in Europe
October 10, 2014 | 01:04am CEToriginalThe company has appointed one head for all three brands (Peugeot, Citroen, DS) in Slovakia, while previously they were led by two managers. Details...
read moreIAC Group wants to build another plant in Czech Rep
October 9, 2014 | 11:48pm CEToriginalLocation, developer, plot size, new orders, products, HR, timing, resistance of part of local residents, clients in Europe...
read moreCode of Ethics: Hyundai Motor Czech intends to occupy released locations in half-year
October 9, 2014 | 11:34pm CEToriginalThe distributor has found new dealers for five cities, another 12 projects are in progress. Modernization of showrooms according to a new concept...
read moreMubea to invest over EUR 35 million in Czech Rep
October 9, 2014 | 11:11pm CEToriginalLocation of the company’s largest plant in the world, plot size, HR, products, R&D centre, responsibility for some global projects, clients...
read moreApollo Tyres to build plant in Eastern Europe
October 9, 2014 | 01:02am CEToriginalConsidered and confirmed location of the second European factory, amount of investment, capacity, HR, timing, products and brands, clients...
read moreGE Capital to enter lease financing in Czech Rep
October 8, 2014 | 10:53pm CEToriginalAcquisition of VB Leasing CZ by GE Money Bank, signing of the contract, permission of UOHS, completion of the transaction, expected price, the likely changes...
read moreGlobal Dealership Space Identity: Hyundai introduced new design concept for dealerships
October 8, 2014 | 10:35pm CEToriginalArchitecture of the showrooms, new colours, construction vs. adaptation, the first implementations on various continents, including Europe, timing...
read moreSynlab to change fleet in Czech Rep for CNG cars and EVs
October 7, 2014 | 11:21pm CEToriginalThe green vehicles will be leased by long-term partner LeasePlan. The brand and model, supplier-dealer, annual cost savings, fleet size...
read moreWitte Automotive expands in Central and Eastern Europe
October 7, 2014 | 10:55pm CEToriginalExpanding the production and development capacities in Bulgaria and the Czech Republic, locations, details of investment, HR, sales growth...
read morePSA Peugeot Citroen negotiates sale of one division
October 7, 2014 | 10:40pm CEToriginalThe subsidiary company, its products and business results, the amount of share, the offer including financial injection, the situation on the relevant market...
read moreSDA: New car registrations in Czech Rep up by 19.4% in September 2014
October 7, 2014 | 10:27pm CEToriginalGrowth was driven by the Hyundai, Ford, Volkswagen, Opel, Skoda, Mazda, Kia, Peugeot and Mitsubishi brands. A decrease in the van segment, growth of trucks...
read moreRaiffeisen-Leasing won first client for fleet management in Czech Rep
October 6, 2014 | 11:21pm CEToriginalThe IT company concerned, fleet size, brand and models, full-service leasing offer by Raiffeisen-Leasing, a position of the leasing company in Austria...
read moreLMC Automotive lowered 2014 car sales outlook in Western Europe
October 6, 2014 | 10:56pm CEToriginalThe existing and new estimate, development in September, 13th consecutive growth, uncertainties...
read moreShell changed model of lubricants and oils distribution
October 6, 2014 | 10:44pm CEToriginalDetails, the situation in Europe, the new distributor for the Czech Republic and Slovakia and its clients, shorten delivery times for retailers...
read moreMedea Research: Sales of new cars in Czech Rep up by 17.6% in September
October 5, 2014 | 11:56pm CEToriginalThe growth was driven by Hyundai, Opel, Volkswagen, Skoda, Mazda or Kia brands. BMW failed. The decrease in van segment, statistics by brands, models and segments...
read moreInternational Diesel Service established contactless fuel card for commercial vehicles
October 5, 2014 | 11:50pm CEToriginalImproving safety when refueling, availability of services in Europe and the Czech Republic, cooperation with Benzina, upcoming solutions with a pair of contactless cards...
read moreHyundai Extra Car: Hyundai launched new campaign for i30 estate in Czech Rep
October 5, 2014 | 11:41pm CEToriginalThe campaign highlights the development in Germany, production in the Czech Republic, a 5-year warranty, luggage space or equipment. TV spot...
read moreProSporty: Kooperativa introduced sports equipment insurance in Czech Rep
October 5, 2014 | 11:19pm CEToriginalIt is additional car insurance for cyclists and skiers. The scope of coverage, territorial force, participation, indemnity limit, prices, discount for Kooperativa clients...
read moreAAA Auto got another fine from Czech Trade Inspection
October 5, 2014 | 11:07pm CEToriginalReasons, the amount of the fine, company’s statement to the sanction, business results of Mototechna and Mototechna Premium concepts...
read moreWarren Buffett entering car sales
October 5, 2014 | 10:52pm CEToriginalHis company Berkshire Hathaway will buy the U.S. dealer group Van Tuyl Group and is looking for further acquisitions. Details...
read moreBrembo expands production in Czech Rep, faster than planned
October 2, 2014 | 11:53pm CEToriginalLocation, investments, new production capacity, developer, HR, high demand from premium brands, clients, other possible expansion...
read moreVolkswagen and Fiat threatened with lawsuit because of consumption data
October 2, 2014 | 11:35pm CEToriginalThe country, consumer organization, affected models, compensation sought, appeal to owners to join the lawsuit, activities of the European Commission...
read moreCar sales in Germany up by 5% in September
October 2, 2014 | 11:19pm CEToriginalThe return to growth after the August decline, results in Q1-3, production and export, development in France, Italy and Spain...
read moreSeat Ole: Seat began offering operating lease for consumers in Czech Rep
October 1, 2014 | 11:43pm CEToriginalThe financial partner, the affected models including CNG cars, rental period, the mileage limit, the content of monthly payments of full-service leasing, prices...
read moreChamber of Deputies postponed mandatory car videos at MOT stations in Czech Rep
October 1, 2014 | 11:31pm CEToriginalThe introduction of license plates on request has also been postponed. The reasons, timing, the tender for the license plate manufacturer...
read more
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