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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
PSA negoatiates sale of Gefco division to Russian railways
September 21, 2012 | 01:19am CEToriginalJSC Russian Railways had reportedly submitted the best offer. The share and price, extra dividend...
read moreGerman court dismissed two actions of investors against Porsche Automobil Holding SE
September 21, 2012 | 01:03am CEToriginalThe decision is an unfavourable signal to other investors bringing an action against Porsche SE. However, the company has been facing other three lawsuits in Germany...
read moreCar sales in EU fell by 7.8% in July, by 8.9% in August
September 20, 2012 | 02:03am CEToriginalIn the first eight months of 2012, sales decreased by 7.1%. Results in Europe, comment and outlook of KPMG...
read moreMuller: Porsche sales could be by 10% lower in 2013 compared to plan
September 20, 2012 | 01:41am CEToriginalThe carmaker plans to slightly reduce production, costs and investments to maintain high profitability...
read moreCLFA: Amendment to Consumer Credit Law could help non-respectable firms
September 20, 2012 | 01:31am CEToriginalAccording to CLFA, there is a problem in creditor's obligation to assess creditworthiness of consumers before providing the credit...
read moreMarchionne: Fiat has no plans to close factories in Italy
September 19, 2012 | 06:29am CEToriginalIf Fiat reduces production in Italy, the government should attract another manufacturer, according to local unions...
read moreAAA Auto modified terms and conditions and created the post of ombudsman
September 19, 2012 | 06:15am CEToriginalThe first ombudsman of AAA Auto will be Milan Smutny. His tasks, the complaint rate, certificate from SOS, ombudsmen in the private sector...
read moreNew Jaguar and Land Rover premises to be opened in Prague
September 18, 2012 | 03:38am CEToriginalA long-time dealer of several brands bought a showroom in the Czech capital and is planning to open a service centre there. Dealer, location, clients...
read moreCarmakers and dealers got to like video mapping for presentation of new models
September 18, 2012 | 03:23am CEToriginalIn the Czech Republic this technology has recently been used by Citroen; Mercedes-Benz is preparing a presentation for the end of September...
read moreJapanese carmakers to temporarily stop production in China
September 18, 2012 | 03:15am CEToriginalThey respond to the anti-Japanese protests in the country. Reasons for unrest, the situation at Mazda, Nissan, Honda, Toyota...
read moreCCS: Petrol went up in Czech Rep last week, price of oil stagnated
September 18, 2012 | 03:06am CEToriginalStrengthening koruna continues to work in favour of Czech motorists. Analysts’ expectations for this week...
read moreOMB Composites to expand its plant in Czech Rep
September 17, 2012 | 01:29am CEToriginalA new hall, the amount of investment, capacity and production growth, production machines, HR, timing, R&D, products and customers...
read moreNew BMW dealership to be opened in Prague
September 17, 2012 | 01:23am CEToriginalThe long-time dealer of several brands is building a showroom, meeting standards of the carmaker mandatory from 2015. The dealer, location, regional partners and clients...
read moreLexus began offering extended warranty in Czech Rep and Slovakia
September 17, 2012 | 01:15am CEToriginalPrices for individual models, a 17% discount when buying a new car, assistance service included, the possibility of including into financing, insurance partner...
read moreParliament approved introduction of registration tax on cars in Slovakia
September 17, 2012 | 01:09am CEToriginalThe affected vehicles, the amount of fees, entry into force, the growth of the automotive market in summer, increased demand for SUVs...
read moreGermany investigates Volkswagen for sponsoring VFL Wolfsburg football club
September 17, 2012 | 01:01am CEToriginalVolkswagen reportedly urged its business partners and suppliers to financially support the Wolves team. Hearing of the VW purchasing manager, partners of the club...
read moreLamborghini recalls 1,500 cars
September 17, 2012 | 12:53am CEToriginalThe reason is a possible risk of fire due to leakage of fluid from the power steering. The affected models, years of production, details of correction...
read moreRWE consigned part of fleet to independent service centres in Czech Rep, tender won by Trost
September 14, 2012 | 04:54am CEToriginalHowever, part of the fleet will be managed by authorized service centres. Size of the fleet, the validity of the contract, Trost and Bosch Car Service concept service centres, details...
read moreRenault to reduce production and number of employees in Slovenia and South Korea
September 14, 2012 | 04:40am CEToriginalThis is the second wave of layoffs and reduced production in Revoz in 2012. Details of the intention, the situation in the Renault Samsung division...
read moreAAA Auto changed sales concept of newish cars and renamed it
September 13, 2012 | 01:56am CEToriginalThe name change from AAA Premium Auto to Mototechna, extension for servicing, planned services (car rental, assistance, spare car during repairs, loyalty program)...
read moreCzech obliged to pay Volkswagen EUR 11.5 million after lost arbitration
September 13, 2012 | 01:33am CEToriginalThe dispute concerns the privatization of the Czech carmaker Skoda Auto. Request of Volkswagen, the reaction of the Czech government, the responsibility for the result...
read moreHyundai Fischer CZ wants to belong among largest Hyundai dealerships in Czech Rep in three years
September 13, 2012 | 01:25am CEToriginalParameters of the newly built showroom in Ceske Budejovice, sales plans...
read moreBehr suspended investment in new plant in Czech Rep
September 12, 2012 | 03:52am CEToriginalThis happened at the time when preparatory works in the industrial zone in Ostrov have begun. Reasons for the decision, the building permit and its validity...
read moreAAA Auto to revive Mototechna brand after 20 years
September 12, 2012 | 03:49am CEToriginalThe company thus plans to use the traditional Czechoslovakian brand for expansion. Products and services offered, changes in subsidiaries...
read moreOpel began to offer branded insurance in Czech Rep
September 12, 2012 | 03:44am CEToriginalOpel Insurance is a package of comprehensive automobile insurance. Partner, parameters, rate, zero participation, insurance examples, opportunities to purchase additional insurance...
read more
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