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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
Sales of new cars in Germany rose by 10 % in July, interest in commercial vehicles up by 18%
August 4, 2011 | 04:48am CEToriginalAccording to VDIK, the July numbers confirm that the growth trend continues in H2...
read moreFleetCor changed management of CCS in Czech Rep and Slovakia
August 4, 2011 | 04:42am CEToriginalPhilip Staehelin was appointed managing director. The company also appointed new managers to some existing and newly created positions...
read moreHP Pelzer wants to expand production in another Czech plant
August 3, 2011 | 02:12am CEToriginalThe reason is the increasing production of cars and new orders from automakers in Central Europe. The company plans to install five new lines. Location, details of investment...
read morePrerost and Svorc wanted to get Volkswagen sales license, eventually acquired dealership
August 3, 2011 | 02:06am CEToriginalAt the same time, the company extended its portfolio with an authorized service centre for Seat. Prerost and Svorc bought a company from the owners of one Czech Audi dealership...
read moreFaurecia to expand one of Slovak plants
August 3, 2011 | 01:51am CEToriginalThe company has six plants in Slovakia, to invest EUR 11.5 million in one of them and engage 150 new employees. The nature and growth of production, customers...
read moreBrisk won contract from Volkswagen on new line of engines produced from 2012
August 3, 2011 | 01:43am CEToriginalThe character of parts, an alternative supplier, plans by 2013, efforts of Skoda to acquire production of one group engine, orders for AvtoVAZ...
read moreFiat separated internet presentation of passenger cars and commercial vehicles in Czech Rep
August 3, 2011 | 01:37am CEToriginalThis happened four years after the introduction of Fiat Professional brand in Europe. Details of Fiatprofessional.cz, the situation of competition...
read moreDAF to buy 19% stake in Tatra, supplying it with cabins and engines for new range of trucks
August 3, 2011 | 01:29am CEToriginalSharing of dealer networks, introduction of a new model with all-wheel drive, financing from Paccar Financial Services, sales in H1...
read moreJuricek (Brano): Carmakers pushed prices of components by 10-20% in crisis
August 3, 2011 | 01:20am CEToriginalNew development projects of Brano Group (plastic jack, lead-free battery to frost) and new contracts for Skoda, Fiat, Alfa Romeo...
read moreCCS: Fuel prices in Czech Rep fell slightly last week
August 3, 2011 | 01:12am CEToriginalPetrol became cheaper by 9 hellers, diesel by 6 hellers. Monthly and yearly comparisons...
read moreDAS Corporation to produce outside Asia, opening plant in Czech Rep
August 2, 2011 | 02:00am CEToriginalThe company thus wants to be closer to the main client of Hyundai-Kia. Location, the plant size, jobs, production start, customers...
read moreEurop Assistance started providing assistance services for vehicles insured with Wustenrot in Czech Rep
August 2, 2011 | 01:52am CEToriginalEurop Assistance has thus substituted Mondial Assistance. The categories of vehicles, number of cars covered...
read moreUpcoming laws to worsen legalization and sale of stolen cars in Czech Rep
August 2, 2011 | 01:46am CEToriginalNotarized power of attorney, personal presence or electronic signature when changing owners, pre-registration inspection of the originality...
read moreCzech factory of Hutchinson hit by fire, production should be safe
August 1, 2011 | 04:22am CEToriginalTime, cause and extent of the fire; estimated damage; customers...
read moreKlein & Blazek unable to produce enough, preferring long-term customers
August 1, 2011 | 04:10am CEToriginalThis Czech automotive supplier hired 150 new employees after the crisis. Customers...
read moreCar insurance market in Czech Rep fell by 7% in H1, damage liability more than accident insurance
July 29, 2011 | 05:17am CEToriginalNumber of insured vehicles increased by 170,000 units, premium has thus been getting cheaper. The results of insurance companies...
read moreFranz Gruber moved from Czech Rep to Germany within Bosch Group
July 29, 2011 | 05:12am CEToriginalHermann Butz, who came from Turkey, became the new head and business director of a plant in Jihlava. Gruber's new location...
read moreFacilities of Czech bankrupt company Hacar to be put up for auction in September again
July 29, 2011 | 05:04am CEToriginalThese are two factory premises in Hradec Kralove and Horice. Parameters of the complexes, the new starting price reduced by 20%...
read moreHanwha wants to invest up to EUR 160 million in Czech Rep, doubling local plant now
July 28, 2011 | 01:07am CEToriginalImplementation of the next two phases of development, details of the plan, jobs, product portfolio, customers...
read moreUnifinance: L.A.F. sold factory in Liberec for 16% of residual value, considers complaint
July 28, 2011 | 01:00am CEToriginalThe plant for production of parts for cars, trucks and buses was bought by Gall, which has the same owner. Insolvency proceeding...
read moreVolkswagen: Global car market to rise by 6% in January-July
July 28, 2011 | 12:50am CEToriginalThe market of light commercial vehicles should show a larger increase, by 7.1%. Expectations for individual brands VW, Audi, Seat and Skoda...
read moreElectric Emotion Tour: Peugeot prepared road show with iOn in Czech Rep
July 28, 2011 | 12:34am CEToriginalCollaboration of four partners, route and stopping points, test rides for the public, an attempt to Czech records, the current number of orders...
read moreJiri Moravek retired from CSOB Pojistovna
July 28, 2011 | 12:27am CEToriginalMichal Kanera became new Vice Chairman. The position of Deputy Director General...
read moreHome Credit expanded number of partners of Premia program by BestDrive and Autoturist
July 28, 2011 | 12:23am CEToriginalThese then joined companies AAA Auto, EuroOil, Auto Kelly or Ceska pojistovna. Details of discounts for purchases by Premia credit card...
read moreKorean employees threaten Hyundai Motor with strike
July 28, 2011 | 12:16am CEToriginalThe company has failed to reach a wage agreement with labor unions before company-wide holidays; its subsidiary Kia is in a similar situation…
read more
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