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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 rose by 0.3% m/m in June
July 12, 2011 | 11:30pm CEToriginalWhile used cars went up, prices of new cars stagnated. Prices of spare parts and service works stagnated. Detailed information, including y/y comparisons...
read moreSuzuki to move some Japanese factories and R&D centres from coast to inland
July 12, 2011 | 11:27pm CEToriginalThe reason is protection against further earthquakes and tsunamis. The amount of investment in this action...
read moreSales of new cars in Poland fell by 5.7% in H1, outlook is not optimistic
July 12, 2011 | 11:24pm CEToriginalConsumers’ interest is now tending more to second-hand cars. Increased VAT, fuel prices rising, interest in financing...
read morePekny (SDA, Kia): Real transaction prices of new cars in Czech Rep has not been changing significantly, communication prices go further down
July 12, 2011 | 05:48am CEToriginalThe price difference between the Czech Republic and Western Europe, the benefits of re-exports, development of the finance penetration, the impact of the shortened depreciation...
read moreReal Garant expanded cooperation with Suzuki to Slovakia
July 12, 2011 | 05:30am CEToriginalSo far, Real Garant has provided extended warranty insurance for new Suzuki cars in Germany and the Czech Republic. Details of the framework agreement...
read moreCar dealers in Czech Rep opening showrooms in hypermarkets and at petrol stations
July 12, 2011 | 05:22am CEToriginalThey are thus trying to address more private clients. For example, Smazik opened a Fiat showroom at the petrol station...
read moreAutobond wants to sell over 2,000 new cars in 2011
July 12, 2011 | 05:17am CEToriginalFor 2012, the company expects a double-digit growth. Expected financial results...
read moreSaab to develop new models of 9-1, 9-6X and 9-7, requested by Chinese partners
July 12, 2011 | 05:12am CEToriginalEntry into new segments, target markets for models, a joint venture in Sweden, Saab 9-2 preparations...
read moreCar Importers Association considered including non-members in stickers project
July 12, 2011 | 05:00am CEToriginalThe project could thus include dealerships and service shops of Skoda and Hyundai in the Czech Republic. Launching the project and a database of authorized partners...
read moreAlexandre Resve passed under PSA Peugeot Citroen from Czech Rep to France
July 12, 2011 | 04:51am CEToriginalJerome Maugis, who came from Slovakia, became the new CFO of the Czech representation of Citroen...
read moreBMW to buy ING division of ING Car Lease and include it under Alphabet
July 12, 2011 | 04:48am CEToriginalING Car Lease deals with car leasing in eight Western and Eastern Europe. The transaction’s value...
read moreCCS, Natankuj.sk: Fuel in Czech Rep again slightly cheaper last week, Slovak prices stagnated
July 12, 2011 | 04:37am CEToriginalPetrol at the Czech filling stations discounted by 6 hellers, diesel by 8 hellers. Analysts' expectations for this week...
read moreHyundai ix35 shift production from Slovakia to Czech Rep to enable increase in production by 40%
July 11, 2011 | 03:18am CEToriginalAt the same time, the waiting period for a car should be reduced from five to one month in about four months...
read moreSales of new cars in Czech Rep fell by 12.8% in June, LCV sales by 15.4%
July 8, 2011 | 04:42am CEToriginalAccording to SDA, the affect of depreciation exception still continues. Results of individual brands, the spring evaluation, reduced outlook for 2011...
read moreJan Repa retired from Opel, joining AAA Auto in July
July 8, 2011 | 04:25am CEToriginalAs the head of Marketing and Communication at AAA Auto he will be responsible for all the markets...
read moreSaab postponed production renewal to August 9
July 8, 2011 | 04:09am CEToriginalThis is due to ongoing negotiations with suppliers, the need for a longer time to restore supplies, and a two-week company holiday...
read morePavel Senych left Shell after 19 years, having not agreed on new contract
July 7, 2011 | 01:15am CEToriginalHis post of the head of Shell in the Czech Republic was acquired by Petr Prazsky. The circumstances of departure of Senych, the employment history of Prazsky...
read moreSales of new cars in Germany down by 0.3 % in June, after conversion up by 10%
July 7, 2011 | 01:07am CEToriginalRegistrations in H1 grew by 10.5%, production by 5%. The outlook for the next months...
read moreVolkswagen increased its stake in MAN to 53.7%, acquired 55.9% of voting rights
July 7, 2011 | 01:01am CEToriginalBy this act the truck giant will arise including companies MAN, Scania and VW truck division. Approval of the merger from the European Commission...
read moreCCS Natankuj.sk: Fuel in Czech Rep and Slovakia cheaper last week
July 7, 2011 | 12:57am CEToriginalPetrol at the Czech filling stations has discounted by 18 hellers, diesel by 14 hellers. Analysts' expectations for this week...
read moreContinental aims to invest EUR 130 million in Slovakia
July 1, 2011 | 12:22am CEToriginalThe investment should create over 300 jobs. The application for investment incentives, the nature of production...
read moreBretislav Dolejsi switched from Kia Motors Czech to Autobond
July 1, 2011 | 12:15am CEToriginalAt the same time the dealer of seven brands in six Czech cities named new managing director and commercial director. Details...
read moreHead of Toyota Motor in Czech Rep and Slovakia Tsutomu Otsubo took on responsibility for Poland after four years
July 1, 2011 | 12:02am CEToriginalThe current president of Toyota Motor Poland Tetsuya Takenaka has held the position since January 2009...
read moreLeasePlan: Crisis also hit insurance companies with delays, suffered consequences of dumped prices and of preference for volume at the expense of profit
June 30, 2011 | 11:52pm CEToriginalMost insurance companies now solve it with increasing insurance premiums, owners of fleets with new tenders. Other possible solutions...
read moreSaab acquired bridge loan of EUR 25 million and paid wages owed
June 30, 2011 | 11:39pm CEToriginalThe carmaker has thus secured EUR 66 million over the past week. Details of the loan, the term of restoration of production...
read more
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