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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
Patrick Fejtek left Import Volkswagen Group after 12 years
March 30, 2011 | 02:48am CEToriginalAt the Czech subsidiary of Volkswagen he worked within the brands Seat, Auto-plus and recently he has led a division of Volkswagen Commercial Vehicles. His successor...
read moreCSOB Leasing to add damage liability for free to new vehicle on lease or loan in Q2
March 30, 2011 | 02:38am CEToriginalCompared to 2010, the event was expanded for trucks to 12 tons and motorcycles. The amount of subsidy in previous and current spring campaign...
read moreSales of commercial vehicles in EU rose by 17% in February
March 30, 2011 | 02:29am CEToriginalThe market has continued in recovery after an increase of 20 % in January. Sales of LCVs and trucks...
read moreVolkswagen recalls 71,000 Jetta cars to service shops in USA
March 30, 2011 | 02:26am CEToriginalThe reason is a defect of cables on alarm and horn, which can cause engine stalling. Affected years of production...
read moreEMD consultants provides external communication in AAA Auto as of March
March 30, 2011 | 02:14am CEToriginalThe company should expand activities of the existing AAA Auto PR team. The number of PR agencies in the tender, the history of external communications at AAA Auto...
read moreSkoda Auto registering first problem with component supplies from Japan
March 29, 2011 | 03:43am CEToriginalThese chips are intended for air conditioning. According to the company, the production is not at risk, although the supplies of chips should be apparently sufficient for...
read moreHonda holds spring service campaign with car inspection for CZK 99 in Czech Rep
March 29, 2011 | 03:31am CEToriginalApart from the traditional discounts, the importer prepared other higher discounts on selected items in April. The seasonal assistance service for the summer from Europ Assistance is now free...
read moreSaab’s head Jan Ake Jonsson leaves office in May
March 29, 2011 | 03:25am CEToriginalJonsson will be temporary replaced by CEO of the parent company Spyker, Victor Muller. Projected financial results in 2011, issuing of new shares...
read moreFord to shut down Belgium-based plant as precaution against components from Japan
March 29, 2011 | 02:59am CEToriginalThe planned shutdown of the production plant in Genk (for a few days), scheduled for May will be moved to April. Reduced orders on cars of certain colour...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep and Slovakia did not change significantly last week
March 29, 2011 | 02:44am CEToriginalPetrol at the Czech filling stations went down by 8 hellers, diesel up by 1 heller. Analysts' expectations for this week...
read moreVolkswagen Group expects sales growth in Czech Rep by 7.5% in Q1
March 28, 2011 | 03:32am CEToriginalCzech branch is also registering a large number of orders that might not have to be met in 2011 with regard to the production capacity...
read moreCar prices in Czech Rep fell by 0.3% m/m in February
March 28, 2011 | 03:09am CEToriginalNew cars became cheaper, used cars remained on the January prices. The prices of spare parts and repair works increased. Detailed information, including the y/y comparison...
read moreVladimir Antonov aims to regain stake in Spyker
March 28, 2011 | 02:56am CEToriginalA Russian businessman thus plans another acquisition after buying the production of exclusive sports cars from Spyker. Scheduled share and investment...
read moreTPCA to increase production from April, expects production of whole 2011 at level of 2010
March 25, 2011 | 04:01am CEToriginalThis will happen after six months from a slowdown in production. Reduction of cycle routes, taking on of new agency staff...
read moreAmper 2011: Producers of EVs and fast-charging stations to arrive at 19th year of fair
March 25, 2011 | 03:55am CEToriginalEVs Peugeot iOn, Tesla Roadster, Skoda Superb, SOR EBN; competitions Amper - Idea and Gold Amper; exhibitors...
read moreManagement and unions at Skoda Auto still unable to agree on new collective agreement, strike threat increases
March 25, 2011 | 03:49am CEToriginalThe last round of negotiations will be held on March 30. Different proposals for wage increases, exchange models and other supplements...
read moreToyota warned of possible curtailment of production in North America
March 25, 2011 | 03:42am CEToriginalOn Monday, however, it will restore production of three HEVs in Japan. Honda has postponed a decision to renew production. The situation at Nissan Motor and GM...
read morePSA Peugeot Citroen begins limiting production in Europe due to earthquake in Japan
March 24, 2011 | 04:16am CEToriginalThe reason is a failure in the supply of components from Hitachi. The affected plants in France, Spain and Slovakia...
read moreLexus: Czech Rep still dominates HEV sales in Europe within the brand
March 24, 2011 | 04:02am CEToriginalThe shift to exclusively hybrid models, rejection of petrol version at the GS, IS hybrid, detailed figures...
read morePeugeot offers cheaper spare parts for older cars in Czech Rep
March 24, 2011 | 03:49am CEToriginalThe older Peugeot car is, the greater discount on the original spare parts the customer of authorized service shop gets. The discount can be up to 30%...
read moreDemand for mini-cars from TPCA down less than A-segment in Europe in 2010
March 24, 2011 | 03:33am CEToriginalBusiness and financial results in 2010, the development of the A-segment, personnel situation, the most popular model...
read moreIIR holds conference Production 2011 in Prague in mid-April
March 24, 2011 | 03:18am CEToriginalTwo workshops on the cost of production and lean production are related to the conference. Representatives of companies from the automotive industry will be speaking at the conference...
read moreFiat suspended investment of EUR 500 million in Turin plant
March 24, 2011 | 03:11am CEToriginalThe reason is a disagreement with the unions on a new collective agreement. However, for a former plant of Bertone the carmaker reckons with a new Maserati model...
read moreCCS, Natankuj.sk: Growing fuel prices stopped in Czech Rep, continues in Slovakia
March 24, 2011 | 02:57am CEToriginalCurrent prices for petrol and diesel; expected reduction in prices to be more pronounced for petrol, according to analysts...
read moreCredium to provide brand financing for Jaguar and Land Rover in Czech Rep
March 23, 2011 | 05:59am CEToriginalCooperation of automaker Jaguar Land Rover and financial group Credit Agricole will extend to another country in Europe. Details of cooperation...
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