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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
North Street Capital intends to save Saab after acquiring Spyker
October 21, 2011 | 02:15am CEToriginalSaab has been threatened with bankruptcy, since the trustee aims to end its protection from creditors. Uncertainty from Chinese investors...
read morePSA Peugeot Citroen to reduce production in Slovakia
October 20, 2011 | 01:44am CEToriginalThis time it is not caused by a supply loss of components, but the decline in orders. Dates of the shutdowns in October and November...
read moreConference on automotive industry in Czech Rep and Central Europe to be held in Brno in late October
October 20, 2011 | 01:31am CEToriginalThis is the eighth year of the professional event. Speakers from associations, OEMs, suppliers, banks, consulting firms, service providers...
read moreSkoda to support sale of Yeti with Mont Blanc limited edition in Czech Rep
October 20, 2011 | 01:25am CEToriginalFor an additional fee of CZK 31,000 the customer gets a design package worth CZK 57,000. The package content and prices, leadership in the 4x4 segment...
read moreMotor Jikov aims to convert its fleet to CNG by 2015
October 20, 2011 | 01:16am CEToriginalAt present, the company realizes 40% of its plan, as it has placed VW Passat Variant EcoFuel cars in its fleet...
read moreHyundai opened representative showroom for customers and training centre for Czech dealers in Prague
October 20, 2011 | 01:10am CEToriginalHyundai Brand Experience & Communication Centre is located within the new headquarters of the importer...
read moreCharging stations for EVs will be supplied to CEZ by company which was established just before announcement of tender
October 19, 2011 | 02:01am CEToriginalEmotionCar will supply charging stations for standard and quick charging. The supplier of stations, ICT solutions and construction; owners of the new company...
read moreGenerali testing advanced method of determining premiums in damage liability according to data from car’s black box
October 19, 2011 | 01:53am CEToriginalSimilar attempts in the U.S. and UK, establishing premiums on monthly (Aviva) and quarterly basis (Generali)...
read moresAutoleasing returned to profit in 2010
October 19, 2011 | 01:47am CEToriginalThis happened after several years of losses. Revenues, the volume of funding, number of contracts, the impact of a merger with sAutouver...
read moreSales of new cars in EU rose by 0.7% in September, declined by 1.1% in Q1-3
October 19, 2011 | 01:44am CEToriginalThe only large market with growth was Germany. The outlook of KPMG for Q4 and full year 2011, the expected development of the German economy...
read moreMazda discounted MX-5 and BT-50 in Czech Rep
October 19, 2011 | 01:39am CEToriginalAt the same time Mazda has prepared a special offer on selected models for Q4. Details of discounting and promotions, including financing...
read moreJohnson Controls bought automotive business from Putsch Holding
October 18, 2011 | 03:32am CEToriginalThese are companies Keiper and Recaro Automotive. The scope of the transaction, integration to Johnson Controls, customers...
read moreSome carmakers reduce production in Europe
October 18, 2011 | 03:24am CEToriginalThe reason is weakening demand probably caused by the debt crisis in the eurozone. The situation at European, U.S. and Japanese carmakers...
read moreChevrolet launched service programme for older cars in Czech Rep
October 18, 2011 | 03:15am CEToriginalThe amount of discounts on genuine spare parts dependent of car age during repairs at an authorized service centre, exceptions...
read moreJan Repa left AAA Auto
October 18, 2011 | 03:07am CEToriginalHe held the post of marketing and communications director at the used car dealer since July. The successor...
read moreVolkswagen Group to invest EUR 62.4 billion by 2016, joint ventures in China further EUR 14 billion
October 18, 2011 | 03:04am CEToriginalMuch of the investments will be implemented in Germany in Emden, Zwickau and Wolfsburg plants. Details of the five-year plan...
read moreBestDrive and ePojisteni.cz agreed to cooperate
October 18, 2011 | 02:56am CEToriginalClients of ePojisteni.cz will gain some benefits of membership in the BestDrive club, customers of BestDrive will receive discount on car insurance...
read moreOpel holds winter service campaign in Czech Rep
October 18, 2011 | 02:52am CEToriginalThe reduced price of car inspections, winter tires and wheels, assorted accessories; discounts for older cars under Classic Servis Opel programme...
read moreVolkswagen does not want to change its stake in Suzuki
October 18, 2011 | 02:46am CEToriginalThe carmakers intend to conduct further discussions on the mutual dispute internally...
read moreCCS: Price of petrol dropped slightly in Czech Rep, diesel went up
October 18, 2011 | 02:42am CEToriginalPetrol became cheaper by 6 hellers, the prices of diesel went up by 18 hellers. Analysts’ expectations for this week...
read moreBosch won new contracts in Gasoline Systems Division, to place production in Czech Rep
October 17, 2011 | 01:09am CEToriginalThe Robert Bosch Ceske Budejovice plant will supply the VW Up!/ Skoda Citigo/Seat Mii, the BMW 3 Series (F30), Skoda Rapid/Seat IBL Concept, Volkswagen PQ25 platform...
read moreSkoda Auto continues to strengthen sales organizations for Czech Rep
October 17, 2011 | 12:58am CEToriginalThe transfer of powers from the headquarters, five departments of Region 1 Czech Republic and their leaders, new headquarters, a new position of the advertisement producer...
read moreZizala Lichtsysteme won new contracts, to expand production in Slovakia
October 17, 2011 | 12:42am CEToriginalAt the same time ZKW Slovakia will expand its portfolio with production of headlamps. Location, investment, new halls, HR, R&D centre, customers, new material Duraplast...
read moreMayDay Service Opel: Four benefits free of charge for repair of crashed car after expired warranty at authorized service shop
October 17, 2011 | 12:29am CEToriginalThe benefits are an assistance, claim settlement, a spare car and an extended warranty. Details and exceptions to the warranty from CarGarantie...
read moreCeska pojistovna began offering two new variants of damage liability
October 17, 2011 | 12:23am CEToriginalThe first caused damage without affecting the bonus, price guarantee for 3 years, damage payment without deducting the amortization, collision with wildlife, the insurance limits up to CZK 150 million, smart phone free of charge, prices...
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