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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
Kulhanek (AAA Auto): Czech new car market to increase by 10% in 2011, AAA Auto’s sales as well
April 5, 2011 | 04:13am CEToriginalAAA Auto's market share increased in 2010, although the market dropped. The shift to safer and more equipped cars, creeping price increase of new cars...
read moreAmTec Defense launched original spare parts wholesale in Czech Rep
April 5, 2011 | 03:57am CEToriginalThe company wants to address repair shops and retail customers as well. The offer includes 13 premium and non-premium brands...
read moreCar sales in Germany rose by 14% in Q1, production by 8% and exports by 11%
April 5, 2011 | 03:49am CEToriginalThroughout 2011, VDA expects growth of the global passenger car market by 7%...
read moreBrano Group entered China, expanding in Czech Rep and strengthening development
April 4, 2011 | 04:08am CEToriginalThe new joint venture in the Czech Republic, investment in R&D in 2011, new development projects: Li-ion battery and an active suspension of front hood, further orders...
read moreGENEVA: Jaguar Land Rover aims to significantly increase sales of both brands in Czech Rep in 2011
April 4, 2011 | 03:54am CEToriginalThe evaluation of 2010, sales plans for 2011, the impact of factory production capabilities, the new model of Range Rover Evoque and its prices...
read moreIAC Group to launch production in its fourth plant in Czech Rep
April 4, 2011 | 03:40am CEToriginalLocation, grounds of the expansion, increasing volume of orders from carmakers, products, timing, HR, global and Czech customers...
read moreLexus: Premium segment in Central Europe to grow faster than overall market
April 4, 2011 | 03:27am CEToriginalThe premium segment in Europe contributes 14% to total sales, while in the Czech Republic it is...
read moreHyundai introduced 30-day money back guarantee without giving any reason on selected models in Czech Rep
April 4, 2011 | 03:21am CEToriginalThis is probably for the first time that a money back guarantee was offered by a carmaker. The validity of the offer, the models, the situation with the guarantees in the market...
read moreVahland: Skoda to continue to produce in Czech Rep, but has to increase productivity there
April 4, 2011 | 03:02am CEToriginalWage costs in the Czech Republic are, according to Vahland, still good despite the strengthening Czech currency. The carmaker, however, would welcome the introduction of the euro...
read moreAAA Auto considers entering Russia and return to Hungary at the end of 2011
April 4, 2011 | 02:58am CEToriginalThe company intends to expand on the traditional markets of the Czech Republic and Slovakia as well. Plans with Poland and Romania...
read moreShape opened its first European plant in Czech Rep
April 4, 2011 | 02:51am CEToriginalThe reason is better customers’ satisfaction in Europe. Location, character and capacity of production, the gradual increase in production, HR, seeking local suppliers...
read moreBlue Events holds conference Fleet Management 2011 in Prague in late April
April 4, 2011 | 02:45am CEToriginalRepresentatives of CAFM, Fleet Partners, UniCredit, Skoda Auto, SkoFIN, Dekra, CEZ, RWE or Auto AZ Consulting will speak at the conference...
read moreSchaeffler sold 15% stake in Continental
April 4, 2011 | 02:40am CEToriginalHowever, Schaeffler intends to increase the direct share. The value of the current transaction, the allocation of money, the fate of the planned merger of both companies...
read morePorsche holds spring service inspection in Czech Rep by end of April
April 4, 2011 | 02:34am CEToriginalAt the same time a Porsche owner may have air conditioning cleaned up and pollen filter replaced at a reduced price. A discount on Michelin summer tires…
read moreVolvo Cars plans to engage 1,200 new employees
April 4, 2011 | 02:28am CEToriginalThe carmaker has registered strong demand in the U.S., Europe and China in recent months. The company expects its sales to rise in 2011...
read moreAAA Auto: Interest in luxurious and commercial used cars increased in 2010, prices rose slightly
April 4, 2011 | 02:14am CEToriginalThe demand for cars with diesel engines has also increased. Business model regulation, improved access to credits for consumers...
read moreAnother trade union established in TPCA, collective bargaining spins out
April 1, 2011 | 12:23am CEToriginalValidity of the current collective agreement has been extended by the end of April. TPCA again reckons for an increase in wages...
read moreAuto Jarov holds service day with inspection of car of any brand on April 2
April 1, 2011 | 12:10am CEToriginalOn this day the discount also applies to spare parts, accessories, tires and clothing for motorcyclists. Price of the inspection...
read moreUnions and management of Skoda Auto agreed on new collective agreement
March 31, 2011 | 11:55pm CEToriginalThis includes not only an increase in tariff wages to union satisfaction, but also a one-time bonus dependent on the profit for the year 2011. Overall wage growth...
read morePSA Peugeot Citroen began to restore production of diesel cars in Europe
March 31, 2011 | 11:39pm CEToriginalThe supplier of parts for diesel engines Hitachi has resumed production in Japan. Production in Trnava will begin again next week...
read moreAAA aims to increase sales by 10% in 2011 and maintain profitability
March 31, 2011 | 03:19am CEToriginalIn 2010, the company has improved all the sales and financial indicators. The average price of a car, penetration of financial services, sales in the first months of 2011...
read morePetr Taborsky went from Czech importer of Seat to A. Charouz Motors dealership
March 31, 2011 | 03:04am CEToriginalHolding a post of managing director, he will be responsible for new brands Jaguar and Land Rover...
read moreHonda to limit production in U.S. and Canada due to lack of parts
March 31, 2011 | 02:46am CEToriginalThe forward buying of parts at Toyota dealers, decreased production of Renault and Nissan in continental Asia, re-assessment of the structure of the supply chain...
read moreProduction of Saab’s Swedish factory disrupted by supply problems on Tuesday
March 31, 2011 | 02:30am CEToriginalAccording to its parent company Spyker, it was caused by the company’s carrier, according to the media and the Association of FKG unpaid bills at suppliers...
read moreA. Charouz Motors moved sale of Cadillac, Corvette, Spyker and Wiesmann brands again in Prague
March 30, 2011 | 03:03am CEToriginalAt the same time, the company ceased the sale of Hummer cars. It closed its showroom in Prague 10 after a year and moved the sale of these brands into...
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