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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
Lexus aims to increase sales by 50% in Europe in 2011, similarly in Czech Rep
March 23, 2011 | 05:44am CEToriginalThe growth should be helped by a significant contribution of the new CT. Development in the C-segment, prices, competition, sales orders and plans...
read moreCar financing down by 5.4% in Czech Rep in 2010, both large and smaller players strengthened
March 23, 2011 | 05:22am CEToriginalDouble-digit growth was recorded by UniCredit Leasing, Toyota Financial Services and Raiffeisen - Leasing, the largest decline by FCE Credit. Results of the companies...
read moreToyota Motor and Honda postponed recovery of car production in Japan
March 23, 2011 | 05:12am CEToriginalThe reason is the lack of components, as well as power outages and damaged roads. The situation in automakers Nissan Motor, Mitsubishi and Subaru...
read moreRenault and Dacia in March: Thalia, Twingo and Fluence discounted by CZK 10,000
March 23, 2011 | 04:59am CEToriginalOn the contrary, the Megane GT became more expensive by CZK 40,000. An additional discount of 15% on selected packets for particular models continues until April 30…
read moreOpel must proceed to redundancies in Bochum after voluntary departures
March 23, 2011 | 04:55am CEToriginalThe program of voluntary departures was successful only in one-third. The number of workers who will have to forcibly retire...
read moreTrost opened central warehouse of automotive parts for Europe in Czech Rep
March 23, 2011 | 04:46am CEToriginalIt should gradually build up and the company should recruit new employees. Location, size of the warehouse, recruitment...
read moreCar production in Czech Rep up by 9.4% in 2010, similarly to production of components
March 23, 2011 | 04:38am CEToriginalSkoda Auto increased production by 9%, Hyundai by 69.6%, Avia by 69.6%, Tatra by 15.2%, SOR by 11.9%. Conversely, TPCA, Iveco and Tedom decreased production...
read moreAlphabet to enter CEE, having agreed to cooperate with UniCredit Leasing
March 22, 2011 | 04:31am CEToriginalFor UniCredit Leasing it means expanding cooperation with BMW Group from brand financing to fleet management. The countries concerned...
read moreSkoda Auto increased offer on wages, union rejected it again
March 22, 2011 | 04:20am CEToriginalAt the moment, there is the last round of negotiations under way, after which the unions will consider a strike. The increased offer of the company’s management, plants inclining to strike...
read moreMitsubishi factories in Japan not affected by earthquake, only some suppliers
March 22, 2011 | 04:01am CEToriginalThe carmaker has decided to provide a financial gift; the importer in the Czech Republic and Slovakia will pay a certain amount from each vehicle...
read moreHonda postponed production restoration in Japan to March 23, to be fully operating not earlier than in May
March 22, 2011 | 03:57am CEToriginalThe lack of parts caused by the earthquake has already affected GM in the U.S...
read moreFrench opposition indirectly called Renault head Carlos Ghosn to resign
March 22, 2011 | 03:45am CEToriginalThe government is concerned about how easily the carmaker was deceived regarding the alleged espionage. The positions of individual parties...
read moreNick Reilly to leave post of CEO at Opel
March 21, 2011 | 03:10am CEToriginalKarl-Friedrich Stracke will replace him in the position. Stracke´s previous job Reilly´s new one...
read moreNissan to resume production of components on Monday and cars on Thursday
March 21, 2011 | 02:57am CEToriginalLonger production is thus threatened with respect to the situation at suppliers. Stock of parts in factories in Europe...
read morePorsche to produce small SUV Cajun in Germany
March 18, 2011 | 06:15am CEToriginalThe automaker will build a new operation to full production in the factory in Leipzig. The size of new building, new jobs, start of production...
read moreCCS Natankuj.sk: Fuel prices in Czech Rep and Slovakia continued to rise last week
March 18, 2011 | 05:57am CEToriginalPetrol is more expensive by 21 hellers to a new maximum, diesel by 43 hellers. Analysts' expectations for this week...
read moreToyota Motor to leave 12 factories in Japan closed until March 22
March 17, 2011 | 05:08am CEToriginalProduction of components, however, should run on March 17, for foreign factories on March 21. The situation at Nissan and Honda...
read moreCar sales in EU returned to growth in February
March 17, 2011 | 04:36am CEToriginalMost national markets increased sales in February, but some major economies registered a decline. View of KPMG with respect to the earthquake in Japan...
read moreToyota and Subaru will cut production in North America, Honda and Nissan not
March 17, 2011 | 04:24am CEToriginalConclusion of Japanese factories for car and component production as a result of earthquakes pose a threat to global supply chain...
read moreAudi prepares next body versions of existing models and entry into new segments
March 16, 2011 | 06:48am CEToriginalThe carmaker is working on the A1 Sportback, A1 Cabriolet or A3 Limousine, considering a mini off-roader Q1...
read moreAlleged espionage at Renault seems to be a mere fraud, security officer reputedly faked it up
March 16, 2011 | 06:37am CEToriginalThe automaker then apologized to three accused managers. Details of the investigation, rejected resignation of Patrick Pelata...
read moreAutomakers and parts manufacturers are finding the impact of earthquakes in Japan on their production
March 16, 2011 | 02:43am CEToriginalProduction shutdowns, cancellation of overtime and weekend shift; the situation by Toyota, Nissan, Honda, Bridgestone, Skoda Auto, TPCA...
read moreAuto-Exner headed off its own sale, having borrowed from another bank
March 15, 2011 | 03:23am CEToriginalThe history of investments in recent years, one of the activities to a quick cash acquisition, a new banking partner...
read moreIHS Global Insight: Global sales of cars and LCVs to see increase of 22% by 2013, of 40% by 2018
March 15, 2011 | 03:02am CEToriginalForecasts for individual regions, including China, India, North and South America, Western Europe and CEE, Russia...
read moreAudi to start launching plug-in HEVs onto market in 2011, EVs to follow
March 15, 2011 | 02:48am CEToriginalQ5 hybrid, A6 hybrid, A8, hybrid; power train and component suppliers; electric car concepts; fleet CO2 emissions...
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