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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
BNP Paribas carried out rotation in Personal Finance Division in Central Europe
July 13, 2014 | 11:43pm CEToriginalCo-founder of the Czech subsidiary of Cetelem, Vaclav Horak has been promoted to the regional headquarters after 18 years. The new head of Cetelem in the Czech Republic became...
read moreNeturen plans to expand production in Czech Rep
July 10, 2014 | 11:47pm CEToriginalBoth within the existing plant and possibly through another investment. The current capacity, HR, land purchase, clients from Central and Western Europe...
read moreCzech Rep wants to create public database with mileage of cars
July 10, 2014 | 11:38pm CEToriginalMore alternative solutions, information on traffic accidents, possible problems according to Cebia, implementation of the new EU directive...
read moreBusiness Lease strengthens in branded car financing
July 10, 2014 | 11:27pm CEToriginalThe country, the fourth partner brand, current fleet size in five European countries, a new unified web...
read moreRegistrations of new cars in Slovakia up by 12.3% in H1
July 10, 2014 | 11:13pm CEToriginalContracts by state authorities, such as the police, contributed to this. Results of the Slovak market’s leader Skoda...
read moreAntitrust Authority stopped investigation of Car Importers Association due to registrations in Czech Rep
July 9, 2014 | 11:44pm CEToriginalThe UOHS has no grounds to initiate administrative proceedings initiated by Hyundai Motor Czech and confirmed its earlier statement...
read moreArvalRental: Arval began offering customers direct short-term lease of cars and vans in Czech Rep
July 9, 2014 | 11:38pm CEToriginalThe company continues working with car rentals. Uniform price list, end of re-invoicing, models and prices, surcharges...
read moreCSU: Car prices in Czech Rep decreased m/m in June 2014
July 9, 2014 | 11:29pm CEToriginalWhile new cars and motorcycles became more expensive, used cars became cheaper. Prices of servicing and spare parts increased. Detailed information, y/y development...
read moreLMC Automotive: Car sales in Western Europe rose by 3.9% in June
July 9, 2014 | 11:20pm CEToriginalThe recovery in demand in southern European countries outweighed the downturn in Germany. The continued growth in the UK...
read moreBosch to cut 400 jobs in one plant in Europe
July 9, 2014 | 05:56am CEToriginalLocation of the factory with R&D centre, products for cars, reasons, timing, negotiations with unions...
read moreNew Seat dealership opened in Czech Rep
July 9, 2014 | 05:43am CEToriginalOne former dealer of another brand opened a Seat showroom in one district town. The company, location, partner...
read moreLeasePlan: E-shop generates one order for lease of small fleet in Czech Rep every day
July 9, 2014 | 05:20am CEToriginalComparison of LeasePlan Go operating lease with other forms of fleet operations, two stages of the campaign in 2014, a competition, clients...
read moreCEE Automotive Forum 2014: Informa holds conference in Czech Rep on automotive industry in CEE
July 9, 2014 | 05:04am CEToriginalSpeakers from ACEA, Ford, CzechInvest, TPCA, Tatra, Suzuki, Qoros, Great Wall, Porsche Engineering, ZF, Bosch, Plastic Omnium or Grammer...
read moreGM suspended car production in South Africa due to strike by local suppliers
July 8, 2014 | 11:40pm CEToriginalThe number of employees involved, the length of the strike, the estimated daily losses, car stock...
read moreMitsubishi expanded its dealer network in Czech Rep with new partner
July 8, 2014 | 02:46am CEToriginalThe Japanese brand will thus strengthen in one city and enter another one. Dealer, locations and history of the new Mitsubishi showrooms...
read moreHyundai: Czech car market fell by 13.7% y/y in H1
July 8, 2014 | 02:25am CEToriginalHowever, according to statistics of registrations, it increased. Results of the Hyundai brand, the most desirable models...
read moreVolkswagen to build two new factories in China, received permission from local authorities
July 7, 2014 | 11:37pm CEToriginalAt the same time, the carmaker wants to increase the capacity of one existing plant. Locations, Chinese partners, timing...
read moreSDA: Registrations of new cars in Czech Rep up by 25.5% in June 2014
July 7, 2014 | 03:48am CEToriginalGrowth was driven by the Skoda, Volkswagen, Ford, Seat, Opel, Dacia, Renault, BMW and Kia brands. Reasons, growth in the segment of vans, a decline in trucks...
read moreKia Motors made major dealer changes in one region in Czech Rep
July 6, 2014 | 11:28pm CEToriginalClosing two dealerships, opening new showrooms of two new partners, moving another dealership, releasing one showroom...
read morePSA Peugeot Citroen changed Vice President at Czech plant within rotation
July 6, 2014 | 11:10pm CEToriginalPatrice Le Guyader went to France, having been replaced in the Czech Republic by Javier Varela. The new position of Guyader...
read moreAPPAA proposes making data from vehicle registry available to scan odometers
July 6, 2014 | 10:59pm CEToriginalIt aims to submit a proposal to the Ministry of Transport soon. The current mileage control options in the Czech Republic are insufficient, according to the association of used car shops...
read moreGeely wants to make China export base for Volvo
July 6, 2014 | 10:47pm CEToriginalUntil recently, Volvo Car manufactured cars in Europe only. Exports of cars from Asia to other continents, timing, sales in the Chinese market...
read moreSupreme Court: Rolling back odometer is fraud if damage exceeds CZK 5,000
July 4, 2014 | 04:36am CEToriginalMinistry of Industry and Trade, however, still insists on a change in legislation. A comment by AAA Auto, the Czech market according to Cebia...
read moreBernhard (Daimler): Volkswagen wants to buy Paccar, preparing bid
July 3, 2014 | 11:38pm CEToriginalHowever, Volkswagen denied the information. The head of the Daimler Trucks Division refers to 'more reputable sources'. Profile of commercial activities of Paccar and Volkswagen...
read moreCzech Insurers' Bureau filed criminal complaint for fraud with damage liability
July 3, 2014 | 12:15am CEToriginalAccording to CKP, individuals and organized groups tried to avoid paying contributions to the guarantee fund using illegal tools...
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