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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
Dacia prepared credit package with advantages worth more than CZK 10,000 in Czech Rep
April 15, 2013 | 11:49pm CEToriginalDacia Box includes zero fees, extended warranty, interest below 10%, accident insurance rate to 2% and an accessories package. An example, the Logan II from CZK 159,900...
read moreJames Muir to leave post of Seat head
April 15, 2013 | 11:27pm CEToriginalJurgen Stackmann, who previously worked at Skoda Auto, becomes the new CEO of the unprofitable carmaker. Muir’s new job...
read moreCzech Leasing and Financial Association to be led by Jirina Tapsikova of SkoFIN for two more years
April 15, 2013 | 11:10pm CEToriginalJiri Matula of UniCredit Leasing has returned to the Board after a three-year break. Members have been expanded with Bibby Financial Services...
read moreMaly (PwC): Sale of cars and vans in Czech Rep to return to growth at end of 2013
April 15, 2013 | 12:29am CEToriginalThe outlook for Q2 2013, H2 2013 and 2014; the expected development of macroeconomic indicators; consumer confidence according to CSU...
read moreSkoda and Hyundai dispute in Czech Rep who sold more cars to consumers
April 15, 2013 | 12:23am CEToriginalThe figures presented by both brands, different methods of reporting, masking purpose registrations by de-registrations over one month...
read moreSchaeffler wants to lay off hundreds of employees in Germany
April 15, 2013 | 12:13am CEToriginalThe affected plant and its products, the number of jobs at risk, negotiations with unions...
read moreAutomotive Forum 2013: IIR holds conferences Auto, E-mobility and Fleet Management in Prague in early June
April 15, 2013 | 12:09am CEToriginalSpeakers from KPMG, Skoda, Hyundai, PSA, Volvo, Plastika, Witte, CEZ, RWE, E.ON or CzechInvest; discounts and benefits for Autofox readers...
read moreHunday Motor not to expand its plant in Czech Rep by 2018
April 15, 2013 | 12:03am CEToriginalThe reason is the decline in European market and the need to export cars from Nosovice outside Europe. Partial substitution of Korean factories...
read moreTomas Kotera moved within Skoda Auto from Czech Rep abroad
April 14, 2013 | 11:55pm CEToriginalHe worked at the Czech carmaker’s headquarters in the communications department for many years. A new location and position, the current team of the communications department...
read moreTPCA and unions agreed on wage growth of 1.9%
April 14, 2013 | 11:45pm CEToriginalWith regular bonuses for production workers it means wage increases by CZK 490. Regulated and optional vacation, bonus for every 5 years at the company...
read moreProsecutor filed petition against Tatra chief Ronald Adams
April 14, 2013 | 11:33pm CEToriginalAdams is suspected of offering a bribe of CZK 20 million in negotiations for the supply of off-road vehicles to the Czech army. The affected court...
read moreSkoda Auto’s sales declined by 12% in March
April 11, 2013 | 11:45pm CEToriginalThe fall did not spare even the largest brand's markets in China, Germany, Russia and the Czech Republic. However, in some countries Skoda managed to increase its market share. Interest in various models...
read moreSales of vehicles in China rose by 10.7% in March
April 11, 2013 | 11:36pm CEToriginalMore discounts as well as offering events after a weak February contributed to the growth in demand. Results in Q1, IHS Automotive comment...
read moreContinental to invest EUR 250 million in Slovakia
April 11, 2013 | 12:33am CEToriginalFor this investment the company considered the Czech Republic or Poland as well. Location, government support, HR, timing, products, growth in production...
read moreBlata to build second plant in Czech Rep, company won huge contract in UK
April 11, 2013 | 12:24am CEToriginalLength of the contract, products, volumes, location of the new premises, HR, timing, contract for electric tricycles to the Netherlands...
read morePSA and Toyota apparently prepare second model for Czech plant, TPCA denied it
April 11, 2013 | 12:19am CEToriginalHowever, Toyota Aygo, Citroen C1 and Peugeot 107 mini cars are prepared for a generational
replacement. Details of the new model, the development also in the Czech Republic...
read moreSales of new cars in Czech Rep fell by 19% in March
April 11, 2013 | 12:12am CEToriginalBMW, Seat and Mazda showed good results. Decline mitigation compared to February, the results of brands, steady demand for trucks...
read moreO.K. Trans and Fliegl developed new way to transport tires
April 11, 2013 | 12:06am CEToriginalThe first DAF trucks in operation, details of the system, higher safety, certification by Dekra, clients-tire manufacturers...
read moreEmployees of GM plant in Spain agreed to freeze wages by 2014
April 10, 2013 | 11:56pm CEToriginalProtecting jobs at a factory in Zaragoza, the influx of new Opel models, increasing unemployment in the country...
read moreJaroslav Strnad and Rene Matera to acquire Tatra, transaction has yet to be allowed by antitrust authority
April 10, 2013 | 12:31am CEToriginalThis Tatra’s creditors want to enter the truck maker by capitalizing the remaining claims. Management of Tatra Trucks/Truck Development...
read moreSmithNovak holds Crash Hunting conference in Prague on May 16
April 10, 2013 | 12:24am CEToriginalMajor topics; speakers from Allianz, Generali, Ford, Deloitte, CAAS, MM Car, Partners, European Compensation Services; focus groups; price...
read moreSkoda Auto increased fleet sales by 4.5% in 2012
April 10, 2013 | 12:12am CEToriginalThe moderate growth in Western and Central Europe, the steep growth in Eastern Europe, the largest market in Germany, the continued implementation of the Fit for Fleet program...
read moreCar sales in Russia fell by 4% in March
April 9, 2013 | 11:53pm CEToriginalSales are expected to stagnate in 2013. Skoda’s March results, the development of the Russian market in Q1...
read more2013 Brno Motor Show: Trade fair attended by 78,000 people
April 9, 2013 | 12:13am CEToriginalThis is less than expected and less than two years ago. The most popular day, shorter duration, less exhibitors, 2014 Brno Motor Show...
read moreDataforce: Hyundai overtook Skoda in retail sales in Czech Rep, only temporarily
April 9, 2013 | 12:04am CEToriginalAccording to data of Skoda Auto, it is not the case. The influence of generational change of the Octavia, the situation in fleet sales, the profile of Dataforce...
read more
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