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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
Financial division of PSA Peugeot Citroen might get state aid
October 18, 2012 | 02:08am CEToriginalThe government has been reportedly negotiating with French banks on the assistance for Banque PSA Finance, which would include state guarantees. Stage of the negotiations...
read moreCzech Post renewed cars distributing small packages after year, SkoFIN succeeded in tender
October 17, 2012 | 01:35am CEToriginalThe cars have been leased under operating leases. Fleet size, chosen Skoda cars and their parameters...
read moreHella to expand two R&D facilities in Czech Rep
October 17, 2012 | 01:26am CEToriginalThe one is located in the Mohelnice plant, the second at the Technical University in Ostrava. Current production, HR, plans, customers...
read moreEV batteries manufacturer A123 Systems went bankrupt
October 17, 2012 | 01:18am CEToriginalIt is a supplier of lithium-ion batteries for Fisker. Sale of assets to Johnson Controls, the value of the transaction, the failure of Barack Obama’s green policy...
read moreStratos Auto opened BMW dealership in Prague
October 17, 2012 | 01:06am CEToriginalThe company has thus entered the second city in the Czech Republic with one of its existing brands. Location, sales of BMW M-models and motorcycles...
read moreEU car sales fell by 10.8% in September
October 17, 2012 | 12:58am CEToriginalThe most pronounced drop in the last year, the worst September since 2003, positive developments in the countries outside the euro area, growth in the share of Skoda, KPMG’s comment, views of R.L. Polk...
read moreConference on automotive industry in Czech Rep and Central Europe to be held in Brno in late October
October 17, 2012 | 12:46am CEToriginalIt is the ninth year of this professional event. Speakers from associations, carmakers, suppliers, banks, consulting firms, service providers...
read moreWoman became member of Leaseurope board for first time, head of Czech leasing association, Jirina Tapsikova
October 17, 2012 | 12:40am CEToriginalShe currently works as the head of the Czech branch of Volkswagen Financial Services. Tapsikova was nominated to the board by...
read moreMichal Backovsky left Avia Ashok Leyland Motors
October 16, 2012 | 12:05am CEToriginalIn the Czech plant of Ashok Leyland he was in charge of marketing and aftersales. His successor, another new member of the marketing department...
read moreVolvo Car to temporarily stop car production in Sweden
October 15, 2012 | 11:55pm CEToriginalIt is therefore another measure to reduce production due to lower demand in Europe. The term of outage, the models concerned...
read moreCNH rejected merger with Fiat Industrial
October 15, 2012 | 11:44pm CEToriginalFiat Industrial owns in a majority stake in CNH and will continue to strive for completion of the merger...
read moreCCS: Fuel prices fell in Czech Rep last week
October 15, 2012 | 11:35pm CEToriginalPetrol went down by 10 hellers, diesel by 4 hellers. Analysts’ expectations for this week, the outlook of oil consumption in 2013 from the IEA...
read moreBMW to introduce service program for older cars Value Line in Czech Rep
October 14, 2012 | 11:41pm CEToriginalBMW Value Line has already been running in several countries of Western Europe. Models, service packages, prices, independent activity of Renocar...
read moreHyundai to open fifth dealership in Brno
October 14, 2012 | 11:22pm CEToriginalThe existing dealer of several brands is going to build the showroom from scratch. The company, location of the showroom and parameters, opening, dealer situation in the city...
read moreSkoda Auto to cut 200 jobs in Vrchlabi
October 14, 2012 | 11:11pm CEToriginalThe carmaker has offered the affected personnel the opportunity to work in other plants. The amount of severance pay, the deadline for a decision...
read moreAutoDesign Prague 2012: Conference on automotive design to be held in Prague
October 14, 2012 | 11:04pm CEToriginalThe speakers will include designers from Porsche, Jaguar, Dassault or Materialise. A follow-up workshop has three sections, one to be led by experts from MBtech. Details, partners, 3D printing...
read moreGM and PSA Peugeot Citroen allegedly plan to merge Opel with PSA automobile division
October 14, 2012 | 10:56pm CEToriginalThe plan is likely to encounter objections from the French government. Carmakers declined to comment on the information stating that they are about to announce several joint projects in...
read moreU.S. investigating problem with Hyundai Santa Fe steering
October 14, 2012 | 10:47pm CEToriginalThe possible consequences, affected number of cars, production year, possible recall action, the previous problem with the airbags, production at two factories in the world...
read moreJaromir Hermansky promoted to regional headquarters of PSA Peugeot Citroen
October 11, 2012 | 10:50pm CEToriginalFleet department of Peugeot Czech Republic has subsequently been strengthened by Lukas Hosek, who came from Sixt...
read moreVolkswagen to allegedly introduce low-cost brand in 2015, perhaps even in Europe
October 11, 2012 | 10:42pm CEToriginalThe carmaker is reportedly planning three cheap models, especially for China and India. Price segment, used engines...
read moreVolkswagen may postpone development of Bentley and Lamborghini SUVs
October 11, 2012 | 10:38pm CEToriginalThe carmaker thinks that the drop in demand in Europe will require new austerity measures...
read moreFaurecia to close factory in Leipzig, BMW production to be moved to Czech Rep
October 11, 2012 | 02:15am CEToriginalReasons for the German plant closure, new plant in the Czech Republic, products and contracts...
read moreCar prices in Czech Rep decreased in September in m/m comparison
October 11, 2012 | 01:54am CEToriginalBoth new and used cars became cheaper. On the contrary, prices of service works and spare parts went up...
read moreToyota recalls 7.4 million cars to repair
October 11, 2012 | 01:42am CEToriginalIt has been reportedly one of the biggest one-time recall action since 1996. Reason, affected models and years of production, number of cars on individual markets...
read moreVehicle sales in China down by 1.8% in September, first time since January 2012
October 11, 2012 | 01:35am CEToriginalReasons of the growth suspension, influence of the China-Japan dispute, sales in Q1-3, new round of car purchase incentives...
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