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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
iDry agreed to cooperate with Business Lease in Czech Rep
February 21, 2014 | 12:08am CEToriginalThe company will take care of cleaning of fleets of this leasing company’s clients. The parameters of the contract, cost savings, more corporate customers...
read moreMusk: Tesla negotiates with Apple, works on self-driving cars
February 20, 2014 | 11:37pm CEToriginalIt is speculated about Apple’s entry into the automaker. Business and financial results in 2013, the sales plan for the year 2014...
read morePorsche recalls all 2014 911 GT3 cars
February 20, 2014 | 11:22pm CEToriginalThe reason is the risk of an engine fire, and the carmaker has not revealed the cause of the problem yet. The number of affected vehicles, a recommendation to owners...
read moreHalla Visteon Climate Control to expand production in Czech Rep
February 19, 2014 | 11:08pm CEToriginalLocation, new hall, the growth of production capacity, products, HR, timing, promotion by agency CzechInvest...
read moreCitroen to introduce new ways to purchase cars similar to rental
February 19, 2014 | 10:48pm CEToriginalMonthly fees, buying a car by mileage, car wash after a service act, microsite Citroen Advisor, Citroen C4 Cactus...
read moreWanxiang acquired Fisker at auction
February 19, 2014 | 10:28pm CEToriginalThe value of the transaction, the resumption of production of electric vehicles, sales plan in USA and Europe...
read moreCar sales in EU up by 5.5% in January
February 19, 2014 | 02:17am CEToriginalThis is the fifth consecutive month of growth. Almost all the countries of southwest Europe returned to growth. Comments and outlook of KPMG...
read morePSA to emit new shares, most of them to be acquired by Dongfeng and French Government
February 19, 2014 | 02:06am CEToriginalA minority will fall on the existing shareholders, including the Peugeot family. The agreement with Santander on the financing of the expansion plan of the dealer network...
read morePorsche stopped deliveries of 911 GT3 cars
February 19, 2014 | 01:35am CEToriginalThe reason is several car fires in Western Europe. The burnt vehicles are now being studied by the carmaker’s technicians...
read moreSkoda Auto is looking for new suppliers
February 18, 2014 | 12:35am CEToriginalReasons, contracting meeting, brokers, participation of dozens of companies, including suppliers of the Volkswagen Group, growth of production purchases from traditional and low-cost countries...
read moreGlobal Safety Textiles prepares production shift from Czech Rep to Romania
February 18, 2014 | 12:23am CEToriginalStock production, motivation of the remaining employees of the Jevicko plant, timing, HR, compensation, the plan with the factory...
read moreKia Select: Kia prepared credit product in Czech Rep similar to operating lease
February 18, 2014 | 12:10am CEToriginalPartner, credit with low payments and final increased instalment, three options at the end, microsite, the affected models, the target group, the example...
read moreJapanese carmakers reduced domestic production
February 17, 2014 | 11:46pm CEToriginalThe reason is a strong snowstorm which disrupted traffic. The situation in Toyota, Suzuki, Honda and FHI/Subaru...
read moreAutoBinck bought several BMW and Mini dealerships
February 17, 2014 | 12:25am CEToriginalThe group has recently been strengthening in the premium segment, and has been more focused on the European brands at the expense of the Asian ones. Countries, companies, brands, details of acquisitions...
read moreCSU: Car prices in Czech Rep up m/m in January 2014
February 17, 2014 | 12:12am CEToriginalWhile the prices of new cars continued to grow, the prices of used cars stagnated. Prices of servicing and spare parts went up. Detailed data, the effect of the CNB’s intervention, y/y development...
read moreSkoda integrated branded finance and insurance calculator in car configurator in Czech Rep
February 16, 2014 | 11:57pm CEToriginalIn a few weeks, Skoda Insurance will also be part of credit instalments from SkoFIN. The first implementation in the Volkswagen Group...
read moreHalla Visteon Climate Control to build plant in South America
February 16, 2014 | 11:47pm CEToriginalLocation, size, products, HR, timing, a new plant in Russia...
read morePeugeot 108: Production in Czech plant to begin in spring
February 16, 2014 | 11:27pm CEToriginalAt the same time, TPCA will launch production of the sister models Citroen C1 II and Toyota Aygo II. Start of sales, version with a canvas roof, two gasoline engines...
read moreGrammer to close two of five plants in Czech Rep
February 14, 2014 | 02:21am CEToriginalIt will move production to another factory. The sites concerned, HR, timing, products and clients...
read moreSkoda Auto has new head of brand planning
February 14, 2014 | 02:06am CEToriginalThe function has been assumed by a manager with extensive experience in Europe and Asia. The manager and his career, his predecessor...
read moreHyundai: SDA secretly provides some members with statistics of car de-registrations within 1 month
February 14, 2014 | 01:46am CEToriginalStatistics are not officially reported any longer. According to Hyundai, SDA distorts competition. A call for correction...
read moreHead of Triglav in Czech Rep Petr Bany prematurely ended in position
February 13, 2014 | 11:39pm CEToriginalMiha Vittori was appointed the new Chairman of the Board of Triglav Pojistovna. His goal, Bany’s new job, business results in 2013...
read moreMobility Rent: AZ Mobility launched van rental in Czech Rep
February 13, 2014 | 11:24pm CEToriginalLocation, fleet, prices from CZK 450 excl. VAT, optional extras, introductory offer, microsite, five divisions of the company and their clients...
read moreSwell won contracts for two Italian carmakers
February 13, 2014 | 11:12pm CEToriginalProjects for Ferrari and Iveco, development for a Formula 1 team, trends in high-tech materials (light alloys, biocomposites)...
read moreAutosalon Louda hired former Skoda Auto manager
February 13, 2014 | 02:23am CEToriginalThe group includes dealerships of four brand in three Czech cities and a company providing operational lease. The manager and his new position...
read more
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