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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
Trade unions negotiated salary increase of CZK 550 in Czech plant of Bosch in Jihlava
December 6, 2011 | 10:06pm CEToriginalIt is less than in the previous year, but unions are still satisfied. The average wage in manufacturing, other employee benefits...
read moreVolkswagen plans for new plant in China
December 6, 2011 | 09:56pm CEToriginalLocation, the initial investment and production capacity, production start, models produced including the Skoda brand...
read moreAccusation of attempted fraud and bribery brought in case of tender of Czech army
December 6, 2011 | 09:49pm CEToriginalBoth charges relate to demanding a bribe of USD 5 million from the truck manufacturer Tatra. Details...
read moreNissan began offering extended warranty for new cars in Slovakia
December 6, 2011 | 01:20am CEToriginalInsurance partner, variants, affected models, prices, purchase options, assistance services...
read moreSales of new cars up by 4.5% in Czech Rep in November, sales of LCVs by 10.2%
December 6, 2011 | 01:11am CEToriginalRegistrations of trucks went up as well, registrations of buses fell. The growth was driven by brands Hyundai, Volkswagen and Kia. Details...
read moreChinese bank interested in stake in Saab, reportedly Bank of China
December 5, 2011 | 06:28pm CEToriginalSwedish Automobile continues negotiations with Youngman, the company Pangda is said to be replaced in the transaction by the Chinese bank...
read moreCCS: Fuel slightly cheaper in Czech Rep last week
December 5, 2011 | 06:12pm CEToriginalThe price of petrol fell by 5 hellers, diesel by 1 heller. Analysts’ expectations for this week...
read moreDirect intends to further develop cooperation with partners in sale of insurance to consumers
December 5, 2011 | 12:31am CEToriginalThe potential of branded insurance in the Czech Republic, the price level for each brand, a new collaboration with AAA Auto, an event with Opel...
read moreUniCredit Leasing introduced new business model following brand financing in Czech Rep
December 5, 2011 | 12:24am CEToriginalThe project called Commodity lines is designed for SME, but allows the same benefits (products, promotions, graphic lines, support)...
read moreProblems with Honda airbags continue, automaker announced additional recall
December 5, 2011 | 12:18am CEToriginalNow, it is going to call on the owners of more than 300,000 cars for inspection. The affected regions, models and years of production...
read moreMartin Jahn to lead Czech Automotive Industry Association for two more years
December 5, 2011 | 12:06am CEToriginalPavel Juricek was confirmed as vice president and the representatives of Hella Autotechnik and Skoda Auto were newly elected. A new agreement with the unions...
read moreCeska pojistovna has established separate sales points at selected post offices
December 4, 2011 | 11:44pm CEToriginalTheir offer will be wider than the one at the standard counters of Ceska posta. The number, location, branch strategy...
read moreKarol Gula became new head of Nissan in Slovakia
December 1, 2011 | 11:57pm CEToriginalHe has left the carmaker Honda after 13 years. He replaced Vladimir Holik, who...
read moreQBE Insurance prepared third variant of GAP insurance in Czech Rep
December 1, 2011 | 11:53pm CEToriginalThe insurance StopGAP covers the decline in market value of the car in case of total loss or theft. Details, options, limits, prices...
read moreSale of Saab to Chinese investors Youngman and Pangda being prevented by GM’s approval only
December 1, 2011 | 11:47pm CEToriginalThe transaction has been reportedly confirmed by all parties including the Chinese government. The possible renewal term of production in case of coming to an agreement with GM...
read morePorsche Holding Salzburg made changes in management of Import Volkswagen Group
December 1, 2011 | 12:02am CEToriginalTwo divisions of the Czech representation of Volkswagen Group will have new heads. Details...
read morePolar Mobil narrows its team in uncertainty about Saab future
November 30, 2011 | 11:49pm CEToriginalThis independent importer of Saab in 10 CEE countries has centralized a number of its activities to Hungary. Marek Safarcik leaves the company...
read moreTwo charges to be made in case of purchase of Tatra trucks for Czech army
November 30, 2011 | 11:42pm CEToriginalMartin Bartak (former Minister of Defence), Michal Smrz (MPI Group), Petr Ptacek (Praga), Marek Dalik (lobbyist) are reportedly involved in the alleged corruption around the tender...
read moreSkoda Auto prepares SUV larger than Yeti
November 30, 2011 | 03:11am CEToriginalDevelopment of the eighth model series has just begun. It is expected to go onto the market after a generational replacement of all current models. Details...
read moreAuto Stangl is insolvent, proposal submitted by financing bank
November 30, 2011 | 03:08am CEToriginalThe main creditor, the amount of claims, deposits including pieces of real estates and car veterans, financial results of the Czech auto part distributor and network of service shops...
read moreCarmakers shortened interval for ordering parts from months to weeks during crisis
November 30, 2011 | 02:59am CEToriginalMany suppliers cannot plan (investments, HR) due to the uncertainty. Extreme cases...
read moreSkoda accepted 1,000 orders for Citigo in Czech Rep in first month of sales
November 30, 2011 | 02:54am CEToriginalThe expected sales by the end of 2011, the most popular model, the pre-Christmas road show in shopping centres...
read moreRehau expects to expand its second plant in Czech Rep
November 29, 2011 | 03:33am CEToriginalFilling the current capacity in Jevicko, transferring orders from Moravska Trebova, an option on municipal land, the prepared mould production...
read moreAuto Palace opened its first Opel showroom in Czech Rep
November 29, 2011 | 03:21am CEToriginalThe showroom has found its place in one of the branches in Prague. A competition for an Opel Corsa, weekend car rentals from RentPoint or service inspections...
read moreHyundai Motor to take control of import of cars to Germany
November 29, 2011 | 03:13am CEToriginalThe automaker thus continues to control the national branches in Europe. Details, similarity with the transaction of AutoBinck Holding in Central Europe...
read more
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