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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
Pavel Kolar left Hyundai for LG Electronics, joined Fiat in spring
June 24, 2011 | 02:36am CEToriginalAfter many years working at Sony and more than one-year engagement at Hyundai in Slovakia, he is now responsible within Czech representation of the Fiat Group for…
read moreOpel intends to strengthen dealer network in Czech Rep
June 24, 2011 | 02:29am CEToriginalCurrently, the carmaker has 23 brand dealers, who operate 32 showrooms. Plans for 2011 and 2012...
read moreVolkswagen considers assembly of Skoda A-Entry in Mexico
June 24, 2011 | 02:18am CEToriginalIt would be a fifth location. Development and supply tenders for the Octavia III were allegedly already completed. The supplying situation for the New Small Family...
read moreSaab does not have money to pay employees, trade unions threaten with bankruptcy
June 24, 2011 | 02:11am CEToriginalOne possible source of short-term financial resources is the sale of Saab real estates. Spyker Cars has recently changed its name to...
read moreLasha Menabde left Fiat after 14 years
June 23, 2011 | 05:08am CEToriginalHe went through a number of positions in Europe, last time at Alfa Romeo and Lancia in the Czech Republic and Slovakia. Menabde’s new job, his successor...
read moreOpel wants to increase sales by 40% in Czech Rep in 2011 and get 3% of market
June 23, 2011 | 05:00am CEToriginalRecord May, sales of individual models, novelties in 2011, estimated market development, the impact of re-exports, the low price level...
read moreAAA Auto: Guaranteed Loan proved good in Czech Rep after year, we will offer it in Slovakia as well
June 23, 2011 | 04:51am CEToriginalSimultaneously, AAA Auto will take two more partners in the project. The nature and parameters of the leasing product, business results...
read moreMotortec opened first Czech joint showroom for brands of carmakers Fiat and Chrysler in Brno
June 23, 2011 | 04:44am CEToriginalThe company has thus focused all activities into one complex. Taking over of the Jeep dealership, investments, doubling its turnover by 2013...
read moreSkoFIN expects significant growth in operating leases in 2011 and 2012
June 23, 2011 | 04:36am CEToriginalResults of 2010 (the number of new contracts, the volume of financing, product structure), including y/y comparison...
read moreVemex wants to install 10 public CNG filling stations in Czech Rep by 2013
June 23, 2011 | 04:32am CEToriginalVemex is negotiating it with petrol stations and at the same time it wants to build filling equipment in companies. The next step is to make run the fleet on CNG…
read moreFiat Group wants to introduce 34 new models by 2014
June 23, 2011 | 04:25am CEToriginalThe product offensive using a partnership with carmaker Chrysler began in 2011. New models, facelifts and limited editions...
read moreToyota Boshoku to buy production of interior components from Polytec
June 22, 2011 | 02:47am CEToriginalTherefore, the Japanese company will acquire better access to European carmakers through the acquisition of seven plants in Germany and Poland...
read moreVisteon to move part of production from Czech Republic to Hungary
June 22, 2011 | 02:26am CEToriginalThe nature of production for a French customer, the reasons for migration, changes in staffing...
read moreCzech Advertising Standards Council: Commercial for Toyota Auris HEV in Czech Rep was misleading
June 22, 2011 | 02:18am CEToriginalThe questionable commercial promoted the Auris HSD in spring although advertisements showed the price for the non-hybrid version...
read moreSkoFIN cancelled most fees, simplified approval process, innovated website and set up special loan
June 22, 2011 | 02:11am CEToriginalThe new website has got an online calculator, including the possibility of pre-approval. The company used MMS in the media campaign for the first time...
read moreJavurek: Sales of Volkswagen, Audi and Seat cars in Czech Rep in 2011 to grow at almost double-digit rate
June 21, 2011 | 05:56am CEToriginal2010 results, plans and novelties for 2011, pressure on prices of new cars, new Seat showrooms...
read moreRange Rover Evoque should constitute 40% of Land Rover sales in Czech Rep in 2011
June 21, 2011 | 05:40am CEToriginalThe current status of orders, the expected proportion of 3D and 5D versions, plans and product news of Jaguar...
read moreSixt continues in renewal of fleet of car rental with Seat brand in Czech Rep
June 21, 2011 | 05:34am CEToriginalEven in 2011, the car rental will buy about 90 Seat cars, of which 50 have already been handed over in operation. Models and specifications...
read moreSimon Thomas to leave Nissan after 20 years
June 21, 2011 | 05:27am CEToriginalHe will be replaced on the post of the vice president of sales and marketing in Europe by Paul Willcox, who came from...
read moreRoad and Motorway Directorate: Average age of cars on Czech roads is 7.5 years
June 21, 2011 | 05:21am CEToriginalThis value is comparable with developed countries of Western Europe. Details of the survey, including brands, emission standards, segments, fuel...
read moreSaab discussed sale and leaseback of real estate in Trollhattan last weekend
June 21, 2011 | 05:18am CEToriginalHowever, the Swedish plant will still not start production at least till the end of June. Details of negotiations with suppliers and real estate company Hemfosa...
read moreAuto-plus: Free service voucher for VW, Audi and Seat used cars with funding from SkoFIN
June 21, 2011 | 05:11am CEToriginalMaximum age of the vehicle, the value and possibilities of using the voucher, the validity of the offer, possibility of combination with the financing Light...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep last week, prices stagnated in Slovakia
June 21, 2011 | 05:04am CEToriginalPetrol and diesel sold at Czech filling stations became cheaper by 12 hellers. Analysts’ expectations for this week...
read moreGE Money Auto wants to defend primacy in used cars and enhance its position in new cars in 2011
June 20, 2011 | 02:52am CEToriginalThe number of new contracts in 2010 and expected growth in the years 2011 and 2012, the share of captive/branded financing in the Czech Republic...
read moreSales of new cars in EU rose by 7.1% in May
June 20, 2011 | 02:47am CEToriginalAfter five months of 2011, sales show a drop of 0.8%. Results of individual countries including the Czech Republic and Slovakia, KPMG's outlook...
read more
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