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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
Anthony James Denny agreed to sell majority stake in AAA Auto
September 23, 2014 | 12:05am CEToriginalThere were four interested investors in the CEE used car dealer. Buyer, signing a contract, transaction value...
read moreRaiffeisen-Leasing entered fleet management market in Czech Rep, aiming to become major player there
September 22, 2014 | 11:49pm CEToriginalDeveloping a new department in the Czech branch of the Austrian leasing company will be in charge of two senior managers...
read moreBMW Group to change regional director for CEE and SEE
September 22, 2014 | 11:43pm CEToriginalAndrea Castronovo will move to the fleet department of the carmaker's headquarters and will be replaced in Salzburg by a manager from BMW Germany...
read more2014 Prague Motor Show: 23 dealers to present 41 car brands
September 22, 2014 | 04:52am CEToriginalFive brands were added over the last week. BMW and Dacia will be missing there. Exhibitors, brands, accompanying program, the motor show in Bratislava...
read morePSA to cut production in Slovakia
September 22, 2014 | 04:11am CEToriginalThe term of the Trnava plant shutdown, reasons, results for eight months, extra shifts, production plan in 2014, the influence of the Ukrainian crisis...
read moreSkoda Without Worries: Consumer interest in car rental is greater than carmaker expected
September 22, 2014 | 04:01am CEToriginalThe number of contracts per quarter, the original and the new plan for the year 2014, product development in 2015, advertising campaign...
read moreFord to cut production in Europe in autumn
September 22, 2014 | 03:48am CEToriginalThe affected plants and models, terms of the shutdowns, reasons, government compensation...
read moreVolkswagen to resume production in Russia after two weeks as planned
September 18, 2014 | 11:14pm CEToriginalThe shutdown is related to both plants and all VW and Skoda models. The timing, logistical circumstances...
read moreCar thefts in Germany up by 4% in 2013
September 18, 2014 | 11:08pm CEToriginalThe most often stolen brands, most-at-risk federal states, cross-border crime, thefts for spare parts, achievements of the police...
read moreVolkswagen chose new head of VW brand in Czech Rep
September 18, 2014 | 02:22am CEToriginalIt is a manager with experience in the wholesale and retail sale of new and used cars including financing. Petr Janeba’s successor will be...
read moreCode of Ethics: Hyundai Motor Czech got new dealers for three locations
September 17, 2014 | 11:31pm CEToriginalThese include both existing and new partners. The firms concerned, locations and former dealers...
read moreCar sales in EU rose by 5.6% in July, by 1.2% in August
September 17, 2014 | 11:20pm CEToriginalThe market has been growing for 12 consecutive months. Developments in major markets, strong growth of Skoda Auto, a decrease of premium brands, BMW focus on profit rather than sale, comment of KPMG and Ernst & Young...
read moreV2V: USA prepares rules for introduction of technology of inter-communicating cars
September 17, 2014 | 11:12pm CEToriginalThe details of this telematics technology, testing, implementation, timing, elimination of accidents...
read more2014 Prague Motor Show: So far 36 brands confirmed, Mazda dropped out
September 16, 2014 | 11:37pm CEToriginalAmong the exhibitors are NH Car, Auto Jarov, Dajbych, Domansky or Auto-Moto Riegger. Presented brands and models, accompanying program...
read moreGM wants to lay off 500 people in Russia
September 16, 2014 | 10:06pm CEToriginalSeverance pay for voluntary departure from the factory in St. Petersburg, a decline in production of Opel cars in the autumn, declining Russian market...
read moreZF to sell stake in one JV and buy TRW
September 16, 2014 | 05:37am CEToriginalThe joint venture and buyer of the share, price of the TRW acquisition, ZF+TRW profile, activities of both companies in the Czech Republic...
read moreCar Fleet Service: Elit acquired next client for fleet service in Czech Rep – UniCredit Leasing
September 16, 2014 | 02:40am CEToriginalPartner Elit service network will take care of part of the fleet of UniCredit Fleet Management, which has recently begun providing consumers with operating lease...
read moreBMW Group to replace head in Czech Rep
September 15, 2014 | 11:29pm CEToriginalDistributor of BMW and Mini cars on the Czech market will be led by a manager of the regional headquarters for CEE+SEE. Josef Reiter...
read moreDavo Exclusive: Davo Car started purchase and sale of newish luxury cars
September 15, 2014 | 11:22pm CEToriginalExtension of the used car shop in Olbramovice, newly built showroom, advertising campaign, car offer, petrol station, car wash, future expansion...
read moreVolksbank and DZ Bank selling VB-Leasing, buyer found in Poland, Romania and Czech Rep
September 15, 2014 | 03:56am CEToriginalThe new owners of leasing companies, profile of VB Leasing CZ (products, partners, results in 2013, HR, project Proresale Cash)...
read moreCode of Ethics: Several companies closed Hyundai dealership
September 15, 2014 | 03:48am CEToriginalThese are mainly multi-brand dealers. The firms concerned and vacant showrooms, fluctuation in the Czech dealer network in 2013-2014...
read moreOne Peugeot dealer in Czech Rep built huge complex and expanded portfolio with five brands
September 15, 2014 | 03:31am CEToriginalThe company, location, parameters of the premises, the investment implementation delay, new brands, services including fast service shop and restaurant...
read moreNew investor to enter Bohm Plast-Technik
September 15, 2014 | 03:21am CEToriginalNew co-owner, the amount of the share, price of the transaction, profile of the plant in Ceska Trebova, HR, annual turnover, products and clients...
read moreAuto Charouz ceased sale of one brand
September 12, 2014 | 05:06am CEToriginalThe company also terminated a dealership of another brand in one city in the Czech Republic. The brands concerned, new dealers...
read moreMubea agreed to build new plant in Czech Rep
September 12, 2014 | 04:38am CEToriginalThe location, plot size and the price, HR, timing, the company’s activities in the Czech Republic...
read more
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