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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
Roman Bujna returned to Slovakia, became head of Porsche Slovakia
October 5, 2012 | 05:17am CEToriginalHe moved within Porsche Holding Salzburg from Ukraine. His predecessor Franz Fruhwirth left to...
read moreCTP Invest to build second industrial zone near carmaker in Czech Rep
October 4, 2012 | 03:02am CEToriginalRegarding the tenants, it also intends to address automotive suppliers, including the existing clients of CTP. Location, area, investment, schedule...
read moreVolvo AB to concentrate bus manufacture in Poland, factory in Sweden to be closed
October 4, 2012 | 02:53am CEToriginalAffected plants, production capacities, the reasons, the effect on profit, volume of new orders in Q2...
read moreToyota cancelled dealer contract with one partner in Slovakia
October 4, 2012 | 02:44am CEToriginalThe concerned dealer in Bratislava, its history and other activities, the showroom location, dealer situation in the city...
read moreVolkswagen considering Golf hatchback manufacture in Mexico
October 4, 2012 | 02:34am CEToriginalSo far, the plant has been producing the estate version here. The new generation Golf might thus be produced in another location. Horizon of decisions, possible date of assembly launch...
read moreHyundai expanded brand insurance in Czech Rep with insurance against job loss
October 3, 2012 | 03:18am CEToriginalIf the owner of a new Hyundai car loses employment within 1 year, the importer will buy his/her car back at full price. Conditions, affected models...
read moreAutocentrum-Rozkos opened Volvo dealership in Jihlava
October 3, 2012 | 03:04am CEToriginalThe company thus expanded its portfolio with a second brand. The current number of customers, the current Volvo sales and service network in the Czech Republic...
read moreCar sales fell by 11% in Germany in September, pace of decline accelerated
October 3, 2012 | 02:50am CEToriginalIt is the third decline in a row. When adjusted for the difference of working days, the decline reached only 2%. In Q1-3 2012, sales went down by 1.8%. The results in France and Spain...
read moreCCS: Fuel prices down in Czech Rep last week again
October 3, 2012 | 02:42am CEToriginalPetrol went down by 18 hellers, diesel by 10 hellers. Analysts’ expectations for this week...
read moreSkoda Auto continues to expand outside its plant in Mlada Boleslav
October 2, 2012 | 03:36am CEToriginalThe carmaker has leased two buildings in an industrial park, being currently built. Location, developer and other halls for rent, optimizing logistics of Skoda Auto...
read moreMartin Saitz remains in Central Europe, joined Hyundai Motor
October 2, 2012 | 03:15am CEToriginalThe former head of BMW Group in the Czech Republic subsequently worked in regional headquarters of the carmaker. The new position, country, competences, predecessor...
read moreFord and GM jointly develop nine- and ten-speed transmissions
October 2, 2012 | 03:06am CEToriginalThe reason is an effort to reduce the fuel consumption of their cars. Division of developmental competencies...
read moreAuto-Exner stopped selling exclusive cars
October 1, 2012 | 04:34am CEToriginalBuyer of the showroom in Prague, free dealer licenses, renewal of sales of Skoda cars, demand for Hyundai cars in H1, changes at independent dealers in Prague...
read morePSA Peugeot Citroën to reduce production in Slovakia in Q4
October 1, 2012 | 04:17am CEToriginalThe reason is a decline in orders. Interruption of production is not expected to affect employment in the Trnava plant. Duration of the outage, continuing trend from 2011...
read moreRenault plans to cut costs in France
October 1, 2012 | 04:10am CEToriginalThe carmaker wants to negotiate a new wage deal with the unions to avert layoffs and plant closings. Moving to the level of neighbouring countries, the argument of PSA...
read moreVolkswagen to offer branded insurance worldwide
September 27, 2012 | 01:40am CEToriginalHowever, first it will focus on Germany and Europe. A joint venture with Allianz and its profile, investment, sales plan...
read moreFord offered employees in Europe severance pay for voluntary leave
September 27, 2012 | 01:20am CEToriginalThe carmaker is thus seeking costs reduction. For 2012, Ford expects to post in Europe a loss of...
read moreSkoda Auto expands global stock of parts and accessories in Czech Rep
September 26, 2012 | 06:03am CEToriginalSkoda Parts Center is one of three European central warehouses of the Volkswagen Group. The amount of investment, the expected growth of product range...
read moreOstrava Municipal Police purchased two Hyundai ix20 cars running on CNG
September 26, 2012 | 02:13am CEToriginalIt is a one-off project of regional companies. Technology supplier, manufacturer of steel cylinders, car dealer...
read moreToyota Motor plans to launch 21 hybrid models until 2015
September 25, 2012 | 05:13am CEToriginalIn the years 2013-2015 the carmaker expects to sell 1 million HEVs a year. Soon the company will also introduce a new EV...
read moreVolkswagen apparently still interested in Alfa Romeo brand, not for sale, according to Fiat
September 25, 2012 | 05:02am CEToriginalRepresentatives of Volkswagen reportedly visited the Italian factories where Alfa Romeo cars are produced. The brand is preparing new models...
read moreCCS: Fuel prices down in Czech Rep last week
September 25, 2012 | 04:43am CEToriginalPetrol went down by 28 hellers, diesel by 12 hellers. Analysts’ expectations for this week...
read moreLang: Porsche Inter Auto considering extention with other Volkswagen Group brands in Czech Rep
September 24, 2012 | 06:16am CEToriginalRegional expansion, new Bentley dealership in Prague, sales in 2012, cooperation with the endowment fund Kapka nadeje...
read moreFrancois Guieysse became new head of PSA for Czech Rep, Slovakia and Hungary
September 24, 2012 | 06:02am CEToriginalHe replaced Wojciech Tomaszkiewicz. Other personnel changes in CEE and Germany, direction of Tomaszkiewicz...
read moreUSA preparing complaint against China to WTO due to automotive industry
September 24, 2012 | 05:45am CEToriginalThe reason is an alleged illegal aid in the form of duties on imports of U.S. cars and support of the domestic factories producing for export...
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