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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
NH Car became Volkswagen dealer, opened showroom in Prague
February 26, 2012 | 11:33pm CEToriginalThis is the first showroom in the Czech Republic according to a new modular concept, which gives investors the spatial and financial flexibility. Growth of the VW dealer network in 2012...
read moreFiat and Sberbank to establish JV for production of Jeep cars in Russia
February 26, 2012 | 11:27pm CEToriginalPartners’ shares, investment in construction of the first facility, the initial production capacity, the planned second plant...
read moreFormer Mercedes head in Czech Rep to lead bus sales at Daimler
February 26, 2012 | 11:19pm CEToriginalHe will replace Angela Titzrath-Grimm, who left to DHL. New sales director at EvoBus will be…
read moreOpel 24 hours: Novelties of this year is inclusion of LCVs, free insurance and tires for half
February 26, 2012 | 11:11pm CEToriginalThese have been added to the traditional bonuses such as a free roof rack, a 50% discount on accessories, a bonus for financing. Details and dates of the special offer...
read morePorsche recalls 102,000 Cayenne cars worldwide
February 26, 2012 | 11:07pm CEToriginalThe carmaker has registered 107 cases when the front lamp loosened or fell out. The affected production years...
read moreInfiniti prepared special offer on 2011 stock cars in Czech Rep
February 26, 2012 | 11:00pm CEToriginalThe campaign includes three models and diesel engines. The models, discount of up to CZK 287,000, accompanying advertising campaign...
read moreMarchionne: Fiat may close two Italian plants if export plans to U.S. fail
February 26, 2012 | 10:51pm CEToriginalChrysler factories in the U.S. are already working at full capacity, but not enough to fully satisfy local demand. The outlook for the market development in Europe...
read moreKey Plastics sold part of its European operations, focusing more on Asia
February 24, 2012 | 02:16am CEToriginalIt has recently bought two of the plants though. Management buy-out, newly created company Innovative Components Technologies including a plant in the Czech Republic...
read moreServind strengthened sales department and is about to open new headquarters to its 20 anniversary
February 24, 2012 | 01:56am CEToriginalThe company has created a new position of Business Development Director in Car Repair Division, which was taken by a long-time employee, Jan Pesata. Location of the new headquarters, the expansion to the OEM...
read moreToyota introduced Genio credit with almost 0% down payment for next five models in Czech Rep
February 24, 2012 | 01:47am CEToriginalInterest in the Genio 5555 at the Yaris, examples of funding, the validity of the campaign, the same amount of down payment and instalments for 6 years with Toyota Insurance...
read moreNissan Motor recalls 250,000 cars worldwide
February 24, 2012 | 01:27am CEToriginalDetail of the defect, affected Nissan and Infiniti models, years of production, cars from factories in Asia and Europe...
read morePSA Peugeot Citroen lead talks with General Motors about alliance in Europe
February 24, 2012 | 01:16am CEToriginalCarmakers reportedly want to join forces in the production of components and vehicles for Peugeot and Opel brands for the European market in order to return to profit...
read moreRolls-Royce strengthens in Central Europe
February 23, 2012 | 03:59am CEToriginalAfter opening a service centre in Warsaw and a car dealership in Munich, the carmaker is leading talks with a possible partner in the Czech Republic. Service potential on the Czech market...
read moreIIR holds E-Mobility conference in Prague in late February
February 23, 2012 | 03:53am CEToriginalThe second year of this event will focus on trends, forecasts, new EVs, EU support, or infrastructure development. Speakers at the conference will be...
read moreSkoda Auto unions have proposed wage increase of 7%
February 23, 2012 | 03:47am CEToriginalThey also require changes in some surcharges and bonuses and introduce a new bonus for meeting the growth strategy. The alleged attitude of the carmaker...
read moreTata Motors found partner to manufacture Jaguar and Land Rover cars in China
February 23, 2012 | 03:41am CEToriginalCurrently the carmaker is waiting for permission from the Chinese government to launch activities. Effect of the Jaguar Land Rover division on the Tata Motors economy...
read moreBrose considers moving manufacture of one product in Czech Rep
February 22, 2012 | 03:12am CEToriginalTherefore, the company wants to solve the lack of capacity in Koprivnice. The new considered location, where Brose CZ previously operated...
read moreContinental plans to further increase production of high-speed tyres in Czech Rep
February 22, 2012 | 02:55am CEToriginalInstallation of a new line in Otrokovice should allow production growth of 25%. Timing, HR, the current production volume...
read moreJosef Bratrsovsky went from CSOB Leasing to Wustenrot
February 22, 2012 | 02:49am CEToriginalThere he has taken over the position of a board member in a new structure of the Wustenrot group in the Czech Republic. He will be responsible for...
read moreAuto Esa: Demand for car service up by 28% in 2011
February 22, 2012 | 02:45am CEToriginalThe most common service for customers and during pre-sales inspections, upgrade of service premises, suppliers of car parts, the rate of complaints...
read moreGreat Wall began assembling cars in Bulgaria
February 22, 2012 | 02:39am CEToriginalInitially, the car will be intended for the markets of Southeastern Europe. The local partner, models, prices, increase in production capacity, further investments, expansion into Western Europe...
read moreRonal wants to build new paint shop in one of Czech plants
February 21, 2012 | 02:55am CEToriginalAt the same time the factory will modernize the technology of painting of alu wheels. Location, timing, HR, capacity, customers...
read moreTukas gave up activities in Beroun, focusing on Prague
February 21, 2012 | 02:52am CEToriginalAt the same time, the company ceased the sale of one brand and got rid of one showroom. The new operator of the dealership...
read moreDominik Stros became new head of QBE in Czech Rep
February 21, 2012 | 02:39am CEToriginalUntil then, the position was temporarily held by Andrew Peter Quirke, who continues to work in the division of Product Protection. Stros thus changed the place of work after almost 20 years...
read moreOpel began accepting orders for Ampera in Czech Rep and Slovakia
February 21, 2012 | 02:32am CEToriginalTwo dealers in three cities are currently involved. The distribution and dealer strategy, status of orders, sales plan in 2012, presentation to companies...
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