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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
Hawtai Motor to buy 30% of Spyker Cars and help with financing and expansion of Saab
May 4, 2011 | 04:14am CEToriginalSaab will also gain a partner to enter China, Hawtai technologies and international sales network. Details of the investment...
read moreSummer tires for passenger cars more expensive by up to 5%
May 4, 2011 | 04:02am CEToriginalThe price of natural rubber has grown by more than 50% in the last six months. The increase in prices of tires should continue...
read moreShimizu wants to increase production in Czech Rep
May 2, 2011 | 11:37pm CEToriginalThe company intends to expand the existing plant, install new technologies, increase production capacity by 50% and engage dozens of new employees. Details, customer of the production...
read moreVladimir Fuchs became new head of Europ Assistance in Czech Rep and Slovakia
May 2, 2011 | 11:31pm CEToriginalHe has been promoted from the position of commercial director. He replaced Josef Woerner, who...
read moreRenault Business Tour 2011: Renault to present novelties in LCVs throughout Czech Rep for half a year
May 2, 2011 | 11:12pm CEToriginalThose will be Business Centres, new versions of models, the possibility of extensions, Euro 5 engines. Orders in Q1, fleet success in the state administration...
read moreSaab secured money, wants to resume production
May 2, 2011 | 10:57pm CEToriginalShort-term funds are concerned. The carmaker plans to resume production within a week...
read moreDirect Pojistovna selected new spokesperson after half a year
May 2, 2011 | 10:32pm CEToriginalThe company appointed Katerina Krasova, who came here from another position within the company, to the function…
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, more expensive in Slovakia
May 2, 2011 | 10:15pm CEToriginalThe price of petrol sold at Czech stations went down by 2 hellers, diesel by 5 hellers. Analysts’ expectations for this week...
read moreKvasiny-based plant of Skoda Auto has new head as of May
May 2, 2011 | 01:51am CEToriginalPavel Richter was promoted from the position of the welding shop head, and replaced Jan Tauchman...
read moreBasic wages in Czech Hyundai plant to increase by 5%
May 2, 2011 | 01:41am CEToriginalThe company agreed with both trade unions on the new collective agreement after 16 rounds of negotiations. The increase of certain contributions and surcharges...
read moreOdometer downsizing to be offence in Czech Rep, fine of up to CZK 10 million
May 2, 2011 | 01:37am CEToriginalMinistry of Transport graduated the sanctions. The availability of MOT database, logging mileage to a technical card...
read moreSpyker Cars leading advanced talks with three Chinese carmakers, including Great Wall
May 2, 2011 | 01:27am CEToriginalThe company reported Q1 net loss of EUR 76.3 million and reduced Saab’s sales estimate for 2011...
read moreLeasePlan launched online application for ordering cars by existing clients in Czech Rep
May 2, 2011 | 01:18am CEToriginalAlso LeasePlan’s representations in other countries have shown interest in application eOrders, developed by the Czech branch. Details of the application...
read moreAutobond continues to expand in Czech Rep, to buy dealership in North Moravia
April 29, 2011 | 07:49am CEToriginalThe company will also expand its portfolio by a sixth brand and will enter into two new cities and dominate the subcontractor. Details of the subjects, the expected performance in 2012...
read moreSwedish debt office allowed Vladimir Antonov to acquire stake in Spyker Cars
April 29, 2011 | 07:43am CEToriginalThe businessman’s investment must also be approved the Swedish Government, EIB and GM. The amount of the investment, a stake in Spyker...
read moreNissan Micra extended fleet of car rental Sixt in Czech Rep
April 29, 2011 | 06:18am CEToriginalThe first cars were handed over in early April; the rest will be delivered by the end of 2011. The contract’s volume, model’s specification…
read moreTriglav agreed to cooperate with health insurer OZP in Czech Rep
April 29, 2011 | 06:03am CEToriginalTriglav has started offering discounts for non-life insurance of up to 50% to its clients, including the automobile insurance. Details of the discounts...
read moreCar insurance market in Czech Rep decreased by 8.6% in Q1, damage liability by double-digit pace
April 28, 2011 | 02:55am CEToriginalThe number of insured vehicles increased by 131,000 units, the insurance is thus getting cheaper. Results of insurance companies...
read moreTatra allegedly selling CKD kits to India under price, thus facing complaint
April 28, 2011 | 02:43am CEToriginalIt is said that an Indian shareholder is involved in the business. Tatra as well as the Czech state might suffer incurred loss. Details and comments of Tatra...
read moreToyota and Honda continue in reducing production abroad
April 28, 2011 | 02:36am CEToriginalCarmakers will reduce production in Brazil, Argentina and India. Details...
read moreIAC Group to move production for Opel Astra from Belgium to Czech Rep
April 27, 2011 | 03:30am CEToriginalThe reason is the model’s production shift from a closed factory in Antwerp to Poland. Production growth and new jobs in one of the Czech factories...
read moreT.Rad wants to expand production in Czech Rep
April 27, 2011 | 03:17am CEToriginalThe company plans to expand its plant in Unhost as well as double the number of its employees. It is caused by new contracts...
read moreConPro organizing conference Mobility Forum in Prague in mid-May
April 27, 2011 | 03:09am CEToriginalAt the event there will be representatives of companies Arthur D. Little, Tili Czech Republic, RWE Transgas, PRE, CEZ, MasterCard, Prazska plynarenska or TUV Sud...
read moreCCS: Fuel prices in Czech Rep flat last week
April 27, 2011 | 03:02am CEToriginalHowever, Petrol Natural 95 went up slightly to its historical peak. Current fuel prices...
read moreAuto-Staiger to leave Czech Rep after 20 years, got rid of all three showrooms
April 26, 2011 | 04:41am CEToriginalOne was rented, the second leased one was returned back and the Czech subsidiary with the third showroom will be sold to a mid-sized dealer group...
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