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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
Vaclav Pixa became new technical director of Bosch plant in Ceske Budejovice
June 14, 2011 | 04:28am CEToriginalAt the same time he was appointed the second executive director of its Czech subsidiary. His predecessor, Stefan Assmann...
read moreGenerali introduced new accident insurance for older cars in Czech Rep
June 14, 2011 | 04:22am CEToriginalTwo variants of risk cover, four limits of indemnity, liability, settlement by budget, age of the vehicle, examples and prices, statistics of car thefts...
read moreSaab got another Chinese investor, China Youngman Automotive to buy stake in Spyker Cars
June 14, 2011 | 04:17am CEToriginalChinese companies will thus dominate Spyker and Saab. Details of the new agreement, approval of the transaction...
read moreSkoda Auto plans growth in car production, accelerates axle assembly
June 14, 2011 | 04:13am CEToriginalOther lines, where axles for two new Skoda models will be fitted, will be added to a new axle assembly line in Mlada Boleslav...
read moreInsurance companies in Czech Rep offer better communication via smart phones
June 14, 2011 | 04:06am CEToriginalThey want to simplify the situation after a car accident or car failure to their clients. Applications of Ceska pojistovna, Kooperativa, Direct; Generali on Facebook...
read moreWorker's suicide stopped production of Hyundai Motor at South Korean plant
June 14, 2011 | 04:02am CEToriginalThis is related to collective bargaining and the unions’ status in the company. The carmaker resumed production after two days. The affected models...
read moreGlobal Assistance: Number of assistance interventions of automobile insurance continues to grow
June 14, 2011 | 03:57am CEToriginalIn the Czech Republic, however, not all clients use assistance services of their insurance company, they do so abroad. Statistics of Kooperativa and CPP in 2010...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep and Slovakia last week
June 14, 2011 | 03:50am CEToriginalPetrol became cheaper by 9 hellers, or by 1.3 cent, diesel by 8 hellers, or by 1.3 cent. Analysts’ expectations for this week...
read moreHasicska vzajemna pojistovna increased damage liability rates
June 13, 2011 | 12:17am CEToriginalAt the same time, the insurer favoured drivers over 30 years. The maximum bonus for 2011 increased to 60%...
read moreEU investigating possible cartel related to car parts
June 13, 2011 | 12:10am CEToriginalThe investigation concerns the production of safety belts, airbags and steering wheels. Raids also took place in Germany in the company Autoliv...
read moreGM recalls over 50,000 Cadillac SRX cars to repair in North America
June 13, 2011 | 12:04am CEToriginalThe reason for this recall is the need to repair the relief driver airbag. Details of the defect and its remedy...
read moreSaab not to be producing in Sweden the entire next week
June 12, 2011 | 11:52pm CEToriginalThe factory in Trollhattan must first ensure stable supplies of materials and components from its suppliers...
read moreMarcel Sulek left Iveco, being replaced by Sergio Biancheri
June 12, 2011 | 11:45pm CEToriginalSulek has led the Slovak and Czech representation of Iveco Trucks for seven years, or more precisely for three years. Profile of both managers...
read more2011 Brno Motor Show: Fair attracted over 95,000 people, under organizers’ expectations
June 10, 2011 | 03:14am CEToriginalThe interest in test drives in Skoda cars, the Audi’s participation, cooperation of four dealers of Jaguar and Land Rover, fair sales of Motortec…
read moreGM reportedly thinks of selling Opel again, carmaker denied it
June 10, 2011 | 03:02am CEToriginalThe reason is a loss of confidence in restoring Opel’s profitability. The media see the potential buyers in Chinese carmakers or Volkswagen...
read moreSaab has not resumed production yet, expecting shortfall in matter of days
June 10, 2011 | 02:55am CEToriginalThe carmaker has concluded agreements with most major suppliers and in the coming days it wants to agree with the remaining...
read moreBMW Group to invest EUR 550 million in UK by 2014
June 10, 2011 | 02:51am CEToriginalThe biggest part will be headed for the manufacture preparation of a new generation of Mini cars, which will appear on the market in...
read moreTRW Automotive to expand production at one of Czech plants
June 9, 2011 | 02:22am CEToriginalThe company is installing new lines, it will take tens of new employees. Location, production growth for a German carmaker...
read moreIndebted Haas to be bought by its competitor Jopp
June 9, 2011 | 02:15am CEToriginalBoth German companies operate in the Czech Republic, manufacturing gear levers. Companies' profiles, product range, customers...
read moreHyundai Motor Czech looking for new PR manager
June 9, 2011 | 02:00am CEToriginalImporter of Hyundai cars on the Czech market assigned a task to personnel agencies. The function is currently held by...
read moreBosch to expand production and development of automotive components in Czech Rep
June 9, 2011 | 01:53am CEToriginalIn Jihlava, the company is installing new lines, in Ceske Budejovice, it will build a new hall and expand its R&D centre. Growth in turnover, production, the number of employees...
read moreBridgestone to raise prices of tires by 5 to 12% in Europe from July
June 9, 2011 | 01:47am CEToriginalOver the past year it is a third price increase, the reason is the continued rising costs of raw materials. The increase in prices of individual segments...
read moreSaab resumed production on Wednesday, but stopped it again soon
June 9, 2011 | 01:40am CEToriginalThe reason is still a lack of parts. Production of cars stopped after 40 minutes...
read moreDvorak Rent A Car: Seat cars proved good in car rental, to take three times more cars in 2011
June 9, 2011 | 01:36am CEToriginalSeat cars have thus proved good at another Czech car rental. Compared to 2010, another model has been added, and motorizations have changed...
read moreSDA, SAP agree to transfer part of money for environmental disposal of car wrecks elsewhere
June 9, 2011 | 01:16am CEToriginalIn 2010, two thirds of finances were not used. Statistics on receiving money from the environmental tax in the Czech Republic (the fee for re-registration of a used car)...
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