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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
AAA Auto plans to enter Russia, arranging local headquarters and first branch
April 12, 2011 | 03:49am CEToriginalManagement will be directed by AAA Auto. Location, details of the lease contract, other branches in the regions...
read moreCar importers identify dealerships and service points by stickers in Czech Rep
April 11, 2011 | 03:46am CEToriginalAt the same time, the SDA runs a database of authorized partners. Details of both activities, including stickers...
read moreCredium wants to defend 3rd position, strengthen and extend brand financing in Czech Rep in 2011
April 11, 2011 | 03:34am CEToriginalResults for 2010 (new contracts, share in registrations, penetration of financing for individual brands Fiat, Alfa Romeo, Lancia, Mazda and Hyundai)...
read moreToyota to resume production of cars at all locations in Japan on April 18
April 11, 2011 | 03:25am CEToriginalHowever, it is just for about a week and the production will run at half power. Production in the first half of May...
read moreRenault and Dacia hold spring service event till mid-May
April 11, 2011 | 03:11am CEToriginalWhen having a car inspected for CZK 200, the owner of a car receives discount coupons for repairs, spare parts or accessories. The special offer of tires and wheels...
read moreVDA: Production and export of cars in Germany to be record in 2011
April 11, 2011 | 02:57am CEToriginalThe Q1 growth was around 10% and a positive contribution should continue in Q2 as well. Details of estimates for 2011...
read moreSaab has not restored production yet, expecting it early next week
April 8, 2011 | 12:12am CEToriginalThe carmaker has been still negotiating with suppliers, while employees will be at home until the end of the week. The volume of outstanding claims is...
read moreHonda to reduce production in UK due to shortage of parts from Japan
April 7, 2011 | 11:48pm CEToriginalThe plant in Swindon currently produces 638 cars per day. The scope of limitations and the situation in the Japanese plants...
read moreKia Open Days/Service Days: 10 days of discounts and advantages at dealers
April 7, 2011 | 11:38pm CEToriginalVenga from CZK 229,980 and Cee'd from CZK 254,980, limited editions of Cee'd Cool, Cool Plus and Sport, service inspection and accessories at a discount...
read moreRussia to extend scrappage program for car purchase
April 7, 2011 | 11:23pm CEToriginalThe program originally expired at the end of March and will now be extended until the end of 2011. The newly allocated volume of finances...
read morePetr Ouska left Nissan and was replaced by Zdenek Fort
April 7, 2011 | 05:08am CEToriginalThe change in the position of head of the Czech representation thus occurred after less than a year. Fort’s ambitions in a new location...
read moreSales of new cars in Czech Rep up by 0.3% in March, sales of LCVs up by 29%
April 7, 2011 | 05:00am CEToriginalDemand for trucks and buses doubled. Results in Q1, analysts’ outlook for the whole year 2011, the impact of the earthquake in Japan...
read moreSkoda Days 2011: Skoda Auto holds open days for students in Czech Rep in late April
April 7, 2011 | 04:43am CEToriginalEach day will focus on different fields (Industry Day, Electro Day, Public Day). The inquired fields...
read moreAAA Auto increased sales by 37.2% in Q1
April 7, 2011 | 04:36am CEToriginalSales went up in Slovakia more than in the Czech Republic. Areas of strongest sales, growth in demand in various segments...
read moreToyota Motor: Most domestic plants to remain closed next week
April 7, 2011 | 04:27am CEToriginalThe carmaker is now manufacturing in only two of 18 Japanese plants and it intends to partially resume operation of another plant on Monday. The number of cars not produced...
read moreSales of new cars in Slovakia up by 20% in Q1
April 7, 2011 | 04:11am CEToriginalDominant brand Skoda increased sales by 14%, but its market share went down. It is followed by Renault and Volkswagen...
read moreExterior communication of Auto Esa to be provided by new PR agency
April 7, 2011 | 04:00am CEToriginalIt is the company AMI Communications, which has replaced the agency Ogilvy PR and press spokesman Pavel Foltyn...
read morePrysmian dominated competing cable manufacturer Draka
April 6, 2011 | 04:32am CEToriginalThe Czech plant Draka Kabely subsequently announced staff reductions of 30% for organizational reasons. Details of the acquisition and dismissals...
read moreGENEVA: Fisker wants to sell out this year's production of Karma PHEV by May
April 6, 2011 | 04:23am CEToriginalThe initiation of production and supplies to dealers and customers, the current status of orders, including the Czech Republic and Slovakia, the planned volume of production...
read moreSaab suspended production due to problems with suppliers again
April 6, 2011 | 04:16am CEToriginalIt is caused by outstanding invoices again. Saab continues in negotiations with key suppliers, other disruptions in production are possible. Expected sales in 2011...
read moreAAA Auto expects to obtain insurance broker license in Q2
April 6, 2011 | 04:04am CEToriginalThe renewal of automobile insurance for existing clients, negotiating with banks for the provision of multi-purposed loans, cash in the branches...
read moreSkoda Auto to raise salaries by 4% and increase lump-sum payments in April
April 6, 2011 | 03:57am CEToriginalA new collective agreement should be signed in the coming days. Details of the agreement, separate negotiations on new shift models…
read moreToyota to proceed to temporary closure of plants in North America
April 6, 2011 | 03:48am CEToriginalThe outages will probably take place in April and affect 25,000 employees. Length of the outages...
read moreCCS, Natankuj.sk: Fuel prices stagnated in Czech Rep last week, petrol more expensive in Slovakia
April 6, 2011 | 03:39am CEToriginalPetrol and diesel sold at Czech filling stations have thus held their prices around CZK 34/litre. Analysts’ expectations for this week...
read moreKars has ultimately failed to enforce Alma 2 bus project and fell into insolvency
April 5, 2011 | 04:26am CEToriginalNegotiations with potential investors, bankruptcy motion, the amount of debt, the largest creditors, financial results for 2010...
read more
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