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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
Emil Frey made several changes in two branches in Czech Rep
January 15, 2013 | 01:29am CEToriginalThe company added one brand, shifted another one, and one brand was expanded to another location. Brands, locations of showrooms, new web sites...
read more3M developed technology for even distribution of light from LED lamps
January 15, 2013 | 01:18am CEToriginalULL technology reduces the number of LEDs. The tool for car individualization, the first application in the U.S., cooperation with European and Czech carmakers...
read moreOne court in USA refused to deal with hedge funds lawsuit against Porsche SE
January 15, 2013 | 01:06am CEToriginalOther actions were filed in the courts of other U.S. states though. The lawsuits relate to misleading investors in the planned takeover of Volkswagen...
read moreDomansky opened fifth branch in Prague, the largest Peugeot showroom in Czech Rep
January 14, 2013 | 03:03am CEToriginalLocation, amount of investment, a giant showroom for up to 23 cars, 27th Blue Box showroom in the country, 15th dealership involved in the Peugeot Approved Cars program...
read moreHonda to cancel 800 jobs in UK due to weak demand in Europe
January 14, 2013 | 02:52am CEToriginalAnyway, the factory in Swindon took on 500 people in 2012. Timing, production in 2012, factory utilization, prepared Civic Tourer...
read moreSkoda increased sales by 6.8% in 2012, in December by 6.1%
January 14, 2013 | 02:29am CEToriginalSales in various regions and countries, interest in various models including the new Citigo and Rapid, deliveries excluding China, the growth of sales in the Czech Republic by 2.5%, outlook for 2013...
read moreChinese state fund CIC reportedly negotiates stake purchase in Daimler
January 14, 2013 | 02:21am CEToriginalThe companies declined to comment on it. Size of the share, the profile of CIC and its other investments in Europe, the current largest shareholder of Daimler...
read moreCSU: Car prices fell by 4.9% in 2012
January 11, 2013 | 03:37am CEToriginalUsed cars became cheaper more than new ones. Prices of service works rose, while prices of spare parts decreased. Development in December, the detailed data...
read moreGM: Opel is not for sale, to return to profit through model offensive
January 11, 2013 | 03:22am CEToriginalOther plants will not be closed. The company’s five-year plan, the outlook for the European market in 2013, the number of orders for the Adam, the new Cascada convertible...
read moreCar sales in Poland fell by 1.5% in 2012, in December by 22.7%
January 11, 2013 | 03:14am CEToriginalSkoda remained the market leader before its affiliated brand VW. Volkswagen Group share in the Polish market, necessary tax changes for the market recovery...
read moreGenerali to buy PPF shares in insurers Ceska pojistovna and Ingosstrakh
January 11, 2013 | 03:05am CEToriginalTransaction value, timing, dividends of Generali to PPF Holding, return on investment of Petr Kellner...
read moreCebia and BMW intend to expand cooperation in Europe
January 10, 2013 | 03:26am CEToriginalWhile the current cooperation relates to new cars in CEE, there are negotiations on used cars taking place...
read moreLudek Santora left SkoFIN after year
January 10, 2013 | 03:16am CEToriginalUnder his operation, the company increased sales in 2012. New Sales and Marketing Director is now being selected...
read moreCar of the Year 2013 in Czech Rep: Public and journalists agreed on single car – Toyota GT86
January 10, 2013 | 03:02am CEToriginalRenault, Skoda, BMW, Toyota and Mercedes succeeded in a poll of consumers. The number of votes, the absolut winner announcement...
read moreSkoda Octavia Combi II to be produced in Czech Rep by March, still for sale
January 10, 2013 | 02:52am CEToriginalExpected shares of the bodywork versions of Octavia III, possible special offer for the second generation, charge for the estate...
read moreAnthony Denny suspended sale of his stake in AAA Auto
January 9, 2013 | 03:50am CEToriginalThe reasons for the decision, horizon of the suspension of the sales process, the present Denny’s share in the company, the price of the shares, the current value of the company...
read morePorsche Inter Auto increased car sales by 2% in Czech Rep in 2012, turnover up even more
January 9, 2013 | 03:41am CEToriginalDemand for new and used cars, interest in Skoda, VW, Audi, Porsche and Bentley brands, the outlook for 2013...
read moreDuPont to sell car paint unit to Carlyle
January 9, 2013 | 03:24am CEToriginalThe transaction value, size of the DuPont Performance Coatings division, Dupont's focus on agriculture and nutrition, streghtening of the Carlyle Group in the automobile industry...
read moreGM reportedly not against sale of Opel to PSA
January 9, 2013 | 01:01am CEToriginalEven the French government pushes PSA Peugeot Citroen to take Opel over. Ambiguity in acquisition financing...
read moreSkoda Octavia III: From CZK 334,900 with Plus packets free for first 1,000 clients in Czech Rep
January 8, 2013 | 03:39am CEToriginalMaintaining the prices of the 2nd generation, equipment, engines, packets, technology, Simply Clever solutions, extended warranty, start of production in Russia, China and India...
read more3M: New innovation centre in Prague to bring us new business, not only from Czech Rep
January 8, 2013 | 03:30am CEToriginalMajor trends in Automotive, innovative products for interior, exterior and drive, development and testing, Czech clients...
read moreSales of new cars up by 0.4% in Czech Rep in 2012, down by 14.9% in December
January 8, 2013 | 03:18am CEToriginalThe premium brand – BMW got into Top 10 for the first time. The slump in demand of consumers, brands results, decrease of dealer margins, PwC outlook for 2013...
read moreKovarna Viva won new contracts, to expand production in Zlin
January 8, 2013 | 03:12am CEToriginalThe fourth hall, new lines, growth in sales and productivity, HR, demanded positions, clients from the manufacturers of components and vehicles not only from Germany...
read moreHyundai wants to produce 300,000 cars in Czech Rep again in 2013
January 8, 2013 | 03:08am CEToriginalIn 2012, production exceeded the company’s plan by 1%. The setout of production between individual models of i30, ix20 and ix35...
read moreNippon Kayaku wants to expand production in Czech Rep
January 7, 2013 | 12:32am CEToriginalLocation, products, reasons for investment in the Safety Systems division, a fourfold increase in production, HR, R&D, a merger of Czech subsidiaries...
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