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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
SkoFIN recorded several personnel changes in fleet department
October 1, 2014 | 10:46pm CEToriginalTwo teams have new leaders. One has been promoted within the company, the second came from MAI Insurance. Details...
read moreCode of Ethics: 13 former Hyundai dealers in Czech Rep brought action against distributor
September 30, 2014 | 11:20pm CEToriginalThe competent court, content of the action, seeking compensation and debt, threat of job cuts, depreciation of investments, dealers’ responses to the amnesty...
read moreHalla Visteon Climate Control to expand production in Czech Rep
September 30, 2014 | 10:42pm CEToriginalLocation, the new hall and its size, products, HR, timing...
read moreCeska pojistovna to have new head of communications
September 30, 2014 | 10:27pm CEToriginalTomas Zavoral resigned. Leadership of the communication team at the largest insurance company in the Czech Republic has been temporarily given to...
read more2014 Prague Motor Show: Exhibition visited by over 25,000 people
September 30, 2014 | 10:15pm CEToriginalThe exhibition area, number of presented brands and exhibits, interest in buying cars at exhibitors, 2015 Prague Motor Show...
read moreHyundai Tariff: Hyundai began offering operating lease for consumers in Czech Rep
September 30, 2014 | 10:06pm CEToriginalIts financial partner, the affected models, the lease period, the kilometre limits, content of monthly payments of the full-service leasing, prices...
read moreSDA: Twenty-five HEVs and twelve EVs registered in Czech Rep in August
September 30, 2014 | 09:55pm CEToriginalThe registry has also included 113 vehicles powered by CNG and 94 LPG cars. Leaders of alternative drives, the first electric Kia, results over the past eight months...
read moreHalla Visteon Climate Control bought one product line from Cooper-Standard
September 29, 2014 | 11:12pm CEToriginalHVCC will move this production to its plants, which are also in Europe, including the Czech Republic. The value of transaction, products, plants...
read moreLand Rover: Brand to newly have three product families – Range Rover, Discovery and Defender
September 29, 2014 | 10:42pm CEToriginalUpcoming models, estimate of the SUV market development, Discovery Sport (engines, technologies from Bosch and ZF, prices)...
read moreAuto Esa entered fourth city in Czech Rep
September 29, 2014 | 10:26pm CEToriginalLocation, size of the used car shop, investment, HR, services, regionally specific car offer, expected sales...
read moreHyundai tentatively agreed with unions on wages in Korea
September 29, 2014 | 10:15pm CEToriginalDetails of the agreement, termination of strikes, number and value of non-produced cars in 2014, construction of a new headquarters in Seoul, production growth abroad...
read moreNew investor entered Auto Charouz group
September 29, 2014 | 04:11am CEToriginalThe investor, share, car dealers and other firms in the group, previous transactions, Antonin Charouz’s visit at police...
read moreSkoda Fleet Center: Skoda prepares fleet centre network in Czech Rep
September 28, 2014 | 11:27pm CEToriginalLocalization of the program For Fit Fleet, standards, current and planned services, fleet centres, fleet sales in 2014, a typical client, reduction of dealer network...
read moreOne manager joined Czech representation of Volvo Car
September 28, 2014 | 11:17pm CEToriginalAt the same time, one manager left and another one was promoted to regional headquarters. Details...
read moreCzech Customs Administration to use Hyundai cars
September 28, 2014 | 11:04pm CEToriginalIt is a further supply to state authorities. The supplier-dealer, models and specifications, the number of vehicles...
read moreRao: Skoda Auto to reduce future investment in India
September 28, 2014 | 10:57pm CEToriginalAccording to him, the carmaker postponed the project for a small car for the local market. The company moderated the manager’s statement. Uncertainty in India, product strategy...
read moreAAA Auto appointed new Sales Director
September 26, 2014 | 03:02am CEToriginalIt is a manager with years of experience in the car retail sales not only in the Czech Republic. The successor of Daniel Harant is...
read moreSuzuki Motor chose new partner for branded financing in Czech Rep
September 26, 2014 | 12:23am CEToriginalCzech distributor of these Japanese cars and motorcycles has thus returned to CSOB Leasing after four years. The previous partner for Suzuki Finance...
read moreDispute over refrigerant in AC: EC ordered Germany to stop backing banned refrigerant
September 26, 2014 | 12:16am CEToriginalIt is currently being used in Europe by Daimler only. The deadline, possible sanctions, attitude of the German carmaker, development of a new cooling system...
read moreSchaeffler to build new plant and R&D centre in Czech Rep
September 25, 2014 | 02:17am CEToriginalThe considered location, moving and growth of production, HR, timing, products, clients, other activities in the Czech Republic...
read moreNEVS wants to present plan to revive indebted carmaker Saab in October
September 24, 2014 | 11:35pm CEToriginalDismissal of employees, negotiations with potential investors, debts to suppliers...
read moreKamaz to cut production of trucks
September 24, 2014 | 11:22pm CEToriginalReasons, timing, the amount of salaries at the time of outages, financial results of the company co-owned by Daimler...
read moreSkoda Auto to invest up to EUR 450 million in one plant in Czech Rep
September 23, 2014 | 11:39pm CEToriginalThe scope of the approved investment, timing, doubling the capacity, models, HR, prepared competence centre for the production of SUVs, the current daily production...
read moreSlovakia struggles for new Tesla Motors plant
September 23, 2014 | 11:16pm CEToriginalNegotiations of government agency SARIO, the projected annual production in Europe, the plan for 2014, model expansion...
read moreFord Telematics: Ford introduced service of monitoring and optimizing operation of van fleets in Europe
September 23, 2014 | 11:02pm CEToriginalPartner, possible savings on fuel, remote access to vehicle diagnostic data, availability in selected markets...
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