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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
JATO Dynamics: Detroit's Big Three (General Motors/GM, Ford, Stellantis – 12.6% of their combined global light vehicle sales in 2024 imported to USA) to be more exposed to Trump's tariffs than Japanese (Toyota, Honda, Nissan – 8.5%) and German carmakers (Volkswagen Group, BMW Group, Mercedes-Benz – 6.9%)
August 13, 2025 | 02:59pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.2% m/m in July, up by 0.9% y/y (new: +0.0% m/m, +1.2% y/y; used: -0.5%, +0.7%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.1%, +2.8%), spare parts and accessories (-0.4%, +1%), fuels and oils (+1.7%, -8.8%), maintenance and repairs / service works (+0.0%, +5.1%)
August 13, 2025 | 02:55pm CETflashread more
VDA: Car production in Germany up by 9% y/y in July, export by 7%
August 13, 2025 | 02:23pm CETflashread more
Operating Sphere
Volkswagen to apparently use its options to take Porsche AG over
September 14, 2011 | 05:09am CEToriginalVolkswagen originally planned a merger with the parent company Porsche Automobil Holding SE, which is a majority owner of Porsche AG. The option can be used from...
read moreAAA Auto opened first used car shop in Russia
September 14, 2011 | 05:00am CEToriginalThe new branch will initially focus on purchase with an estimated range of up to 500 cars. The service offering...
read moreFehrer Automotive increases production in Czech Rep, moving there part of production from abroad
September 13, 2011 | 04:59am CEToriginalDetails of the strategy, replacement of the technology of seat production in one of the Czech plants, new orders, development of Fehrer Bohemia’s turnover...
read moreAxa Assistance started to provide tire insurance at Tomket’s e-shop in Czech Rep and Slovakia
September 13, 2011 | 04:55am CEToriginalThe collaboration concerns the e-shop Nejlevnejsipneu.cz and includes assistance services. Conditions, indemnity limits, period of insurance, details...
read moreInvelt increased revenues by 25% in H1, sales of new BMW cars by 20% and market share by 4 pp
September 13, 2011 | 04:49am CEToriginalDetails of financial and business indicators, results in motorcycles, a new e-shop for accessories, activities for customers and CSR...
read morePrices of cars in Czech Rep grew by 0.1% m/m in August
September 13, 2011 | 04:40am CEToriginalWhile new cars became more expensive, used ones have cheapened. Prices of spare parts and service works increased. Detailed information, including y/y comparisons...
read moreCitroen offers lowest price guarantee on LCVs in Czech Rep in September and October
September 13, 2011 | 04:34am CEToriginalDetails of the action, the current network of Business Centres, special prices for September, bonus when using funding, the Professional packet not only with air conditioning, action models...
read moreJakub Hodanek became new sales and marketing director of Europ Assistance in Czech Rep and Slovakia
September 13, 2011 | 04:28am CEToriginalHe replaced Vladimir Fuchs in the position, who was appointed general manager of the company. Hodanek’s previous locations...
read morePeugeot wants to sell 220,000 cars of 308 in 2011
September 13, 2011 | 04:24am CEToriginalA total of 1 million 308 cars have been produced so far. Share of hatchback, wagon and coupe-cabriolet in sales; demand for engines; the current daily production...
read moreDalibor Slivinsky left Scania Czech Republic after less than a year
September 13, 2011 | 04:19am CEToriginalHe was replaced by Pavel Prostrednik in management of the Prague dealership, who left the MAN importer after 11 years...
read moreSwedish trade unions filed proposal for Saab’s bankruptcy
September 13, 2011 | 04:14am CEToriginalSaab received a bridge loan of EUR 70 million, which should help it in an appeal against a refusal of protection from creditors...
read moreTatra to start production of Phoenix in October, wants to produce over 1,000 trucks in 2012
September 13, 2011 | 04:09am CEToriginalSales regions, the choice of DAF’s dealer partners, price of the model, technical characteristics, differences compared to competition...
read moreCCS: Fuel significantly more expensive in Czech Rep last week
September 13, 2011 | 04:00am CEToriginalThe price of petrol rose by 58 hellers, diesel by 53 hellers. Analysts’ expectations for this week...
read moreArcelorMittal to build third plant in Slovakia and expand body parts production there
September 12, 2011 | 02:35am CEToriginalLocation, investment and its reasons, the size of the factory, the character of production, HR, the date of construction and start of production, customers...
read moreHyundai i30 and Kia Cee'd to undergo generational replacement after less than five years
September 12, 2011 | 12:01am CEToriginalProduction of the second-generation of this C-segment hatchback will begin in the Czech Republic and Slovakia in 2012. Engines...
read moreSaab to submit new application for protection from creditors to another court
September 11, 2011 | 11:35pm CEToriginalThe carmaker wants to prevent the unions from their intension to bring a suit for the company’s bankruptcy. According to analysts, Saab is before the end of its existence...
read moreVolkswagen postpones merger with Porsche, planning to make it otherwise
September 11, 2011 | 11:16pm CEToriginalIt is caused by unresolved legal issues and investigations of former top managers of Porsche. Details...
read moreJohnson Controls has big plans with new Czech plant in Zatec
September 9, 2011 | 03:16am CEToriginalSoon the company will start production in the first hall and by 2014 it wants to quadruple the plant, quintuple production and triple staff. Components for Skoda Auto...
read moreCCS began offering discounted insurance for their card holders in Czech Rep
September 9, 2011 | 03:07am CEToriginalThere is an online calculator available for CCS clients at Pojisteni.ccs.cz. The insurance partner...
read moreSwedish court rejected Saab’s request for protection from creditors
September 9, 2011 | 02:55am CEToriginalThe unions now intend to file for Saab’s bankruptcy to obtain owed wages from a government insurance fund. Reasons for the rejection...
read moreLancia launched new Ypsilon on Czech market, to introduce it to women first
September 9, 2011 | 02:50am CEToriginalOpen week, a competition for a weekend with the car and vouchers, partnership with Sephora, specifications and prices, optional equipment, introductory price...
read moreEurop Assistance prepared new product EuroComfort for ALD Automotive in Czech Rep
September 9, 2011 | 02:41am CEToriginalIt is a premium assistance program, which includes an increased right for the use of a spare car for the duration of...
read moreEC wants all cars to be with eCall emergency system from 2015
September 9, 2011 | 02:35am CEToriginalThe measure would apply to newly sold cars. Modernisation of infrastructure for mobile operators, the current penetration, the costs of a car...
read moreSaab asked for protection from creditors in Sweden
September 8, 2011 | 07:53am CEToriginalThe affected Swedish activities, a plan of reorganization, waiting for funds from companies Pangda and Youngman, permission of the Chinese authorities in danger...
read moreVolkswagen prepared autumn special offer for commercial vehicles with discounts up to CZK 150,000 in Czech Rep
September 8, 2011 | 07:46am CEToriginalThe affected models and versions, discounts and bonuses for financing from SkoFIN, sales over eight months, market development, expectations for 2011...
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