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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
GM considers production shift of some Opel models from South Korea to Europe
March 18, 2013 | 03:28am CEToriginalUnderutilized Opel plants might also produce Chevrolet cars for the European market. The affected models, timing...
read moreDeutsche Bank offered 5.8 million preferred shares of Volkswagen on stock exchange
March 18, 2013 | 12:05am CEToriginalThese are shares of a client, evidently Qatar. Size of the share and the value of the shares, reaction of the stock exchange to the report...
read moreHyundai wants to strengthen sale of used cars and increase number of dealerships in Czech Rep
March 15, 2013 | 02:31am CEToriginalParameters of the i-Best program, involvement of dealers, current offer, microsite, dealer network development...
read moreToyota wants to expand dealer network in Czech Rep
March 15, 2013 | 02:24am CEToriginalThe company aims to achieve a target state of 30 sales points through its existing partners. Free locations...
read moreSkoda Auto's revenues increased by 1.7% to record CZK 260 billion in 2012, operating profit fell by 4.1%
March 15, 2013 | 02:17am CEToriginalThe drop in profit is caused by record investments, a shift of product mix and increased marketing expenses. The production of each model...
read moreCourt rejected proposal for Tatra bankruptcy, auction may be held
March 15, 2013 | 02:08am CEToriginalPrevention from further insolvency proposals by depositing financial means into judicial custody, two to four applicants for Tatra...
read moreRenault signed agreement on cost reduction with trade unions in France
March 14, 2013 | 11:05pm CEToriginalExtension of working time, temporary wage freeze, 7,500 jobs cancelled, factories not to be closed, the growth of domestic production by one third...
read moreToyota: Interest in testing weekend in Czech Rep exceeded our expectations
March 14, 2013 | 10:57pm CEToriginalNumber of visitors, test drives, concluded contracts, pre-negotiated trades...
read morePecenka: Skoda wants to keep one-third market share in Czech Rep in 2013
March 13, 2013 | 10:53pm CEToriginalThe expected decline in Q1, the current orders for the Octavia III, plans with the Rapid, guaranteed rates in service centres, residual values, fleet policy...
read moreTatra faces distraint in addition to insolvency proceedings, that is reportedly to delay auction on purpose
March 13, 2013 | 10:44pm CEToriginalThe reason for the distraint is allegedly Czech company Promet Group, too. Parameters and doubts of the proposal, dependance on the court decision...
read moreMartina Bedrnova remains marketing director of Citroen in Czech Rep
March 13, 2013 | 10:30pm CEToriginalLenka Martinova, who returns from maternity leave, will assume the position of PR manager. Katerina Juranova…
read moreSwell expanded equipment of test room in Horice with climatic chamber
March 13, 2013 | 10:20pm CEToriginalDetails of a new technology for thermal testing, utilization, application in exterior and interior components...
read moreSkoda Auto made agreement on employment with trade unions in Czech Rep
March 13, 2013 | 10:13pm CEToriginalA variable bonus of CZK 20,000, the on-going negotiations on wage growth and the form of flexible accounts...
read moreZF Friedrichshafen wants to expand one of its plants in Czech Rep
March 13, 2013 | 12:01am CEToriginalLocation; a new hall; products; HR; planned development of the plant; production, development and sales activities in the Czech Republic; clients...
read moreLeasePlan: Prices of young used cars in Czech Rep increased slightly in 2012, except for Skoda brand
March 12, 2013 | 11:52pm CEToriginalGrowth in residual values drawn by foreign brands; the development of prices of Skoda, VW, Ford and Opel cars; interest in petrol/diesel; outlook for 2013...
read moreVolkswagen: New modular platforms like MQB to bring Group savings of billions of euros
March 12, 2013 | 11:39pm CEToriginalConference of Volkswagen Group in Mlada Boleslav, represented brands, unification of components and engines...
read moreVolvo developed cyclist detection system with auto brake function
March 12, 2013 | 11:31pm CEToriginalIt will be available in most Volvo models from May 2013. Details of the technology, facelift of the model range, a new engine for the V40...
read moreUAMK agreed to cooperate with Eni in Czech Rep
March 12, 2013 | 11:26pm CEToriginalThe amount of discount on fuel in the Agip network for new customers of UAMK, the average annual savings, number of members of the You&Eni loyalty program...
read moreOpen Days: Citroen organizes campaign with number of advantages and benefits in Czech Rep
March 12, 2013 | 11:19pm CEToriginalDate, extended opening hours in showrooms, discounts on cars and spare parts, extended warranty for free when using financing...
read moreAutomotive Lighting to insource part of production in Czech Rep, to install another paint shop in one plant
March 12, 2013 | 02:53am CEToriginalThe investment is related to the increase in production of automotive lights. Location, capacity, timing, HR...
read moreSkoFIN reduced the number of suppliers of tires and tire services to two
March 12, 2013 | 02:46am CEToriginalNetworks of fast service shops of Continental and Goodyear succeeded in the tender. Reduction of operating lease payments, BestDrive and 4Fleet branches...
read moreTrigema to build second rental R&D centre in Prague
March 12, 2013 | 02:38am CEToriginalFocus of the Science Park Roztoky, the timing of construction, technology, space for rent, HR, subsidies, tenants of VTP Roztoky...
read moreKarlovy Vary Region switches to operating lease, CSOB Leasing with Hyundai cars succeeded in first tender
March 12, 2013 | 02:33am CEToriginalModels and numbers of cars, rental period, the value of the contract, instalments, savings compared to ownership, fleet size of the region...
read moreOne of Ronal’s Czech factories hit by fire
March 12, 2013 | 02:23am CEToriginalLocation, focus and cause of the fire, the amount of damage, limitation of production of alloy wheels, alternative supply system within the Ronal group, clients...
read moreSkoda Auto stopped production in Kvasiny for five days
March 12, 2013 | 02:18am CEToriginalIt is a planned step during the spring break. A change in technologies in connection with a facelift of the Superb and the Yeti, a number of non-produced cars...
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