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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
Car prices in Czech Rep dropped by 0.3% m/m in July
August 10, 2011 | 12:40am CEToriginalNew cars became cheaper more than the used ones. Prices of spare parts were flat but repair works became more expensive. Detailed information, including year to year comparisons...
read moreCzech plant of Inteva Products received grant from EU for employee training
August 10, 2011 | 12:32am CEToriginalThe use of the subsidy, the current profile of the plant in Liberec (employees, product portfolio, customers)…
read moreNewsDrive launched another automobile portal Automobile Things in Czech Rep
August 10, 2011 | 12:23am CEToriginalThis is the third media activity of the company after Autotelevize.cz video portal and AutoDrive magazine on defunct television Z1. Details of the project led by Pavel Foltyn...
read moreMando expands into Europe, to build plant in Poland
August 9, 2011 | 01:05am CEToriginalThe plant will follow on work of the office in Germany. Location, proximity to major customers, the nature of production, investment, schedule, customers...
read moreKongsberg Automotive to move part of production from UK into Poland
August 9, 2011 | 12:52am CEToriginalIn one of British plants it will cause the release of 138 employees. The affected plants, the nature of production, date of the transfer...
read moreCar financing in Czech Rep up by 3% in H1
August 9, 2011 | 12:40am CEToriginalSome companies experienced double-digit declines, many experienced a double-digit growth. Home Credit goes on with a three-digit growth. UniLeasing returned to Top 20. The results of companies...
read moreMBtech opened branch in Hungary
August 9, 2011 | 12:33am CEToriginalThe company has thus expanded its presence in CEE, where it is established in the Czech Republic, Poland and Turkey. Location, major tasks in connection with the expansion of Daimler...
read moreGenerali introduced premium damage liability Exkluziv in Czech Rep
August 9, 2011 | 12:25am CEToriginalThis includes, inter alia, a 10% bonus extra to bonus and direct settlement along with arranging accident insurance. Details and examples...
read moreComposites Europe 2011: Trade fair of composite materials, technologies and applications to take place in Stuttgart in late September
August 9, 2011 | 12:16am CEToriginalThe sixth year will be attended by 350 exhibitors from 25 countries. Details of the event...
read moreSkoda Auto increased sales by 13.5% in March, by 21.4% in Q1
August 9, 2011 | 12:13am CEToriginalMarch sales are the best monthly result ever. In the Czech Republic, sales rose by 9.2% in March. Demand for the individual models...
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, prices stagnated in Slovakia
August 9, 2011 | 12:08am CEToriginalBoth petrol and diesel sold at Czech petrol stations became cheaper by 9 hellers. Analysts’ expectations for this week...
read moreKia continues to strengthen dealer network in Prague, chose seventh partner
August 8, 2011 | 04:37am CEToriginalThe independent importer of cars from the U.S. expanded the activities with a Kia authorized dealership. The new dealer, showroom location...
read moreArvinMeritor to concentrate on commercial vehicles, sold Body Systems division to Inteva
August 8, 2011 | 04:20am CEToriginalFor Inteva this means doubling the number of employees, entry into new regions and expansion of product portfolio. The transaction value, including plants in Czech Rep and Slovakia...
read moreTriglav started to provide allowance for non-life insurance for two discount programs in Czech Rep
August 8, 2011 | 04:10am CEToriginalMembers of programs Family passports and Senior passports can obtain a discount on car insurance. The partner, discounts...
read morePal Magneton renamed to Magneton after a year
August 8, 2011 | 04:02am CEToriginalThe new owner of this Czech automotive supplier thus returned to long-established trade name...
read moreLeasing of cars and LCVs in Czech Rep down in H1, trucks and buses up
August 8, 2011 | 03:53am CEToriginalNumber of contracts concluded, financial and operating leases, fleet management, consumer loans, car financing penetration...
read moreDirect started giving drivers over 50 years of age premium assistance services free of charge
August 8, 2011 | 03:49am CEToriginalThis group of drivers is least risky, according to Direct. The range of Top Asist services from Europ Assistance, discounted insurance...
read moreHonda to recall 2.5 million cars in workshops
August 8, 2011 | 03:42am CEToriginalThe reason is a software modification to the automatic transmission. The affected models, production years, numbers in various regions...
read moreCSOB Leasing returned to profit along with growth of trade by 4% in 2010
August 8, 2011 | 03:35am CEToriginalThe number of new contracts rose by 2%, equity by 7.8%. Cooperation with PSA Finance, new customers in 2010...
read moreGenerali PPF Holding: Largest accident insurance penetration in CEE in Slovenia
August 8, 2011 | 03:30am CEToriginalSlovakia, Poland, Hungary and Bulgaria follow. In the Czech Republic, clients of Ceska pojistovna are more responsible than other motorists...
read moreOpel 24 hours: Twice as many cars sold during weekend event in Czech Rep than year ago
August 8, 2011 | 03:23am CEToriginalBS Auto defended the position of the most successful dealer, Auto-Staiger reigned among dealerships. Demand for individual models, results in Slovakia…
read moreChrysler to recall 300,000 cars in U.S. because of problems with airbags
August 5, 2011 | 01:10am CEToriginalIn extreme cases it could lead to unwanted activation. The measure covers cars Town & Country/Voyager/Grand Caravan manufactured in...
read moreSaab owner to issue new shares to raise money for payroll
August 5, 2011 | 12:58am CEToriginalSwedish Automobile assumes that employees will receive their money until the end of...
read moreSales of new cars in Czech Rep rose by 6.4% in July, LCVs sales by 21.1%
August 4, 2011 | 05:02am CEToriginalAccording to SDA, the July increase has virtually compensated the June drop. Development of trucks and buses, the results of individual brands...
read moreTesco expanded collaboration with RSA into fourth country, to offer car and travel insurance in Czech Rep
August 4, 2011 | 04:57am CEToriginalSales channels, the benefits for members of the Tesco Clubcard, sales expectations, three packages, non-inclusion of the direct liquidation, examples and prices...
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