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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
Volkswagen began selling EVs in Czech Rep
April 7, 2014 | 02:44am CEToriginalThe first model VW e-Up, bodywork, prices, equipment, above-standard mobility guarantees/services, a replacement car with internal combustion engine free of charge, two dealers in the Czech market...
read moreCzech Trade Inspection checks three more instalment companies
April 7, 2014 | 02:36am CEToriginalOne of them is allegedly GE Money Auto. At the same time the inspection verifies their checks since 2013. Details, the number of Essox contracts with the wrong APR...
read moreInsurance companies to acquire data from vehicle registry in Czech Rep daily
April 7, 2014 | 02:26am CEToriginalIn 2013, they gained the data with delay, which could lead to unjustified demands for payment of liability insurance form former car owners. The new system, timing...
read moreIdeal Automotive to expand production in Czech Rep
April 4, 2014 | 12:17am CEToriginalLocation, new hall, developer, timing, HR, new products, 15 years of the company in the Czech Republic, three factories operated...
read moreVolvo chose new dealers in two cities in Czech Rep
April 4, 2014 | 12:01am CEToriginalThose will build showrooms by the new Volvo Retail Experience standards in two year’s time. Locations, companies and their profile...
read moreEqua Bank entered car financing in Czech Rep
April 3, 2014 | 11:51pm CEToriginalIt aims to attack the expensive loans in used car shops. Credit AutoPujcka on used cars, credit parameters and interests, savings, market research, promotion...
read moreDajbych became Jaguar dealer
April 3, 2014 | 11:34pm CEToriginalAt the same time, the company opened its second Land Rover dealership in the Czech Republic. Location of the showroom, services, including pick-up service and body repairs without painting...
read moreLukoil to open Zabka food stores at filling stations in Czech Rep
April 3, 2014 | 11:24pm CEToriginalExperience from Belgium and Poland, the concept of cooperation with Tesco, the first licensed shops, assortment and prices, Billa-Jet cooperation in Austria...
read moreArval gained new client of Wurth Group in Czech Rep
April 2, 2014 | 11:52pm CEToriginalProfile of the company, transition to operational lease, leaseback enforcement, fleet size, vehicle brands...
read moreSlavia began offering damage liability with additional insurance of civil liability
April 2, 2014 | 11:22pm CEToriginalIt responds to the new Civil Code, which strengthens the legal status of victims. Indemnity limits...
read moreCar sales in Germany rose by 5.4% in March
April 2, 2014 | 11:10pm CEToriginalGrowth was driven by premium brands, SUVs and EVs. Porsche did not show good results. Production growth, positive development in France, Spain and Italy...
read moreChevrolet dealers in France sued GM for leaving Europe
April 2, 2014 | 12:41am CEToriginalThey do not like the conditions of termination of dealer agreements. Compensation for prior investments, a decline in value of companies and stocks cars...
read moreContinental recorded changes in marketing in Central Europe
April 2, 2014 | 12:32am CEToriginalIva Subrtova moved to another department, the new marketing manager for the Czech Republic and Slovakia is...
read moreHome Credit: Court to decide on correct calculation of APR
April 2, 2014 | 12:21am CEToriginalIn the event of failure, the company does not intend to claim potential damages to the state. However, Home Credit reportedly changed the method of calculating the APR two years ago...
read moreToyota Motor to reorganize distribution in Central Europe
April 1, 2014 | 12:03am CEToriginalAcquisition of the importer in Hungary, the new headquarters for Central Europe, narrowing of the national representations in the Czech Republic, Slovakia and Hungary, synergies, HR, timing...
read moreRoman Prorok became new client ombudsman at AAA Auto
March 31, 2014 | 11:40pm CEToriginalHe comes to the used car dealer from the state administration, while his predecessor Milan Smutny is heading for it...
read moreKia to have new PR Manager in Czech Rep
March 31, 2014 | 11:25pm CEToriginalIt will be a person with more than 10 years of experience in the automotive industry. Katerina Vokounova is leaving...
read moreCOI: Some credit companies in Czech Rep erred in calculating APR and instalments
March 31, 2014 | 11:15pm CEToriginalAccording to the inspection, these are Essox and Home Credit. The fine, response of the companies, possible compensation, recommended procedure to the clients, working team of MPO...
read moreSmithNovak holds conference Depreciation in Prague on April 24
March 31, 2014 | 11:03pm CEToriginalMajor topics; speakers from Mercedes-Benz Ford, Allianz, Generali, Auto Jarov, Iris Ident, Deloitte, Bosch, Auto Kelly; price, 30% discount for Autofox readers...
read moreOne manager to leave Slovak representation of Honda Motor after 16 years
March 31, 2014 | 12:55am CEToriginalThis personal change is related to a new distribution strategy and creation of the headquarters for Central Europe. Manager, position, timing...
read moreBMW X7: Carmaker to produce large SUV with three rows of seats
March 31, 2014 | 12:42am CEToriginalLocation, investment amount, timing, HR, SUV market by LMC Automotive, BMW X5 eDrive Plug-in Hybrid, BMW sales plan in 2014...
read moreSkoda Auto and unions concluded collective bargaining, contract wages in Czech Rep to rise by 2%
March 31, 2014 | 12:28am CEToriginalAgreement on wages for one year, real wage increase, a lump sum payment, a variable bonus for the results of 2013...
read moreGM to produce Buick cars in Europe, instead of Chevrolet cars
March 31, 2014 | 12:16am CEToriginalLocation, Opel departure from the Chinese market, the reasons, timing, investment of EUR 245 million in the production of the new model in Russelsheim...
read morePeugeot implements Czech language in cars
March 27, 2014 | 11:01pm CEToriginalThe first models with a dashboard system (including navigation) communicating in Czech, the second-generation touch screen allowing the use of the Czech language...
read moreUnions: Skoda Auto proposes wage increases below inflation
March 27, 2014 | 10:53pm CEToriginalIf the unions do not agree with the carmaker by the end of March, they will announce a strike alert and take the attitude of passive resistance...
read more
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