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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
Europ Assistance began offering assistance service for cars directly to motorists in Czech Rep
May 19, 2011 | 12:51am CEToriginalSo far, the service has been offered through partners only. Details of insurance AutoCare, target group, price, new portal Europ-online.cz...
read morePorsche considers production overseas, reportedly in U.S. and China
May 19, 2011 | 12:45am CEToriginalThe reason is a strong sales growth, which reached more than 50% in April. No decision on the foreign production has been made yet...
read moreFerrari to include maintenance for 7 years in price of new cars
May 19, 2011 | 12:37am CEToriginalDetails of the program which applies to most models; start in the Czech Republic; comparison with other brands; extended warranty up to 9 years...
read moreToyota’s car production in Europe to return to its standard as of June 1
May 19, 2011 | 12:33am CEToriginalDespite the temporary restricted production and supplies due to an earthquake, the carmaker wants to increase sales on the European market…
read moreMuller: Saab might resume production next week
May 18, 2011 | 05:15am CEToriginalMeanwhile, there is no exact date of production start, the date will depend on the outcome of negotiations with suppliers...
read moreNew cars sales in EU fell by 4.1% in April
May 18, 2011 | 05:00am CEToriginalAll major markets excluding Germany suffered sales decline. Negative news from southern Europe, the impact of earthquakes in Japan...
read moreJohnson Controls to build sixth plant for car parts in Czech Rep
May 16, 2011 | 11:47pm CEToriginalThe considered and confirmed location, the nature of production, two phases of the construction, commencement of manufacture, recruitment of employees, customers...
read moreLong-time head of Carlife on Czech market Andrew Quirke to lead QBE in Czech Rep
May 16, 2011 | 11:04pm CEToriginalMost recently, Quirke has worked as sales director of the QBE Product Protection Division for Central Europe. His predecessor...
read moreSkoda Auto plans to significantly expand plant in Kvasiny
May 16, 2011 | 10:40pm CEToriginalThere are several options taken into account, including production capacity and number of employees doubling, the introduction of production of certain group models...
read moreKamax increasing production in Czech Rep, preparing construction of new logistics centre
May 16, 2011 | 10:28pm CEToriginalThe manufacturer of screws for cars and commercial vehicles plans to employ up to 300 people there. Details of the investment, customers...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read moreSpyker agreed to rescue Saab with another Chinese investor, car distributor Pangda
May 16, 2011 | 09:54pm CEToriginalHowever, the transaction must be approved by a number of institutions and GM. Details of the investment worth EUR 110 million from a Chinese company, which gained IPO in April...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia cheaper last week
May 16, 2011 | 09:34pm CEToriginalPetrol at the Czech filling stations went down by 10 hellers, diesel by 14 hellers. Analysts' expectations for this week...
read moreEurop Assistance increased turnover by 20% in Czech Rep and Slovakia in 2010
May 16, 2011 | 03:52am CEToriginalThe share of the car segment, the profit development, technical assistance, call centre statistics, the number of vehicles covered, outlook...
read moreITT Corporation aims to expand production of brake pads for cars in Czech Rep
May 15, 2011 | 11:24pm CEToriginalThe company plans to expand its plant in Ostrava, and install new production lines. Details of the increased capacities and number of employees, customers...
read moreSkoda Auto to test 18-week shift model of production in Kvasiny from September, to run fully from 2012
May 15, 2011 | 11:12pm CEToriginalRecruitment of hundreds of new employees, upgrade of paint shops in Mlada Boleslav and Kvasiny...
read moreCLFA: Market for non-bank financing to increase in 2011
May 15, 2011 | 11:08pm CEToriginalThe Association expects leases to grow by 8%, then a slight increase in loans, and as for the factoring it might be over 10%. The lack of used trucks in Europe...
read moreAudi wants to create 10,000 new jobs by 2020
May 15, 2011 | 10:21pm CEToriginalThe carmaker currently employs around 60,000 people. In 2011, Audi wants to accept in Germany...
read moreSkoda Auto increased sales by 22.8% in February, in two months by 24.6%
May 15, 2011 | 10:14pm CEToriginalSkoda recorded sales increases on all major markets. The most increased interest was seen in Superb, Yeti and Fabia...
read moreBMW considers building other factories outside Europe
May 13, 2011 | 12:52am CEToriginalThey could be located in Asia and Latin America. Record bonuses for employees, new jobs created in 2011...
read moreThe agreement on investment by Hawtai Motor in saving Saab has been canceled
May 13, 2011 | 12:39am CEToriginalReason for cancellation of the agreement, the ongoing negotiations with Vladimir Antonov and Great Wall Motor...
read moreAdmosphere: Hyundai and Volkswagen invested in TV advertising in Czech Rep most in April
May 12, 2011 | 02:24am CEToriginalThe total length of advertising time; details of spots, which were not related to specific models...
read moreJan Dryak to leave CSOB Leasing
May 12, 2011 | 02:13am CEToriginalHe has worked in the company for over seven years, most recently as PR manager and business support specialist. His successor, the reason and date of personnel change...
read moreCar prices in Czech Rep down by 0.4% m/m in April
May 12, 2011 | 02:08am CEToriginalUsed cars became cheaper than the new ones. Prices of spare parts and service work stagnated. Detailed information, including a y/y comparison...
read moreCzech Rep wants to expand number of cars to which environmental tax applies
May 12, 2011 | 02:02am CEToriginalThe tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
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