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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
Renault to focus on emerging markets, small cars and EVs in coming years
February 11, 2011 | 04:23am CEToriginalThe aim is to exceed the level of 3 million vehicles in 2013. The outlook for the company’s development and European market in 2011...
read moreVolkswagen agreed with unions in Germany to increase salaries by 3.2%
February 11, 2011 | 04:15am CEToriginalThis happened after three rounds of negotiations. The previous offer rejected by trade unions, other parts of the agreement...
read moreUnintended acceleration of Toyota cars not caused by faulty electronics but mechanical defects
February 11, 2011 | 04:05am CEToriginalAccording to the final report of investigators in the U.S., the causes were defective throttles and flooring beneath them...
read moreSlavia started to transfer entire bonus from damage liability to accident insurance
February 10, 2011 | 03:44am CEToriginalSo far, it has been just one half of the claim-free record. There is a new phenomenon in the form of thefts of specific parts...
read moreRaiffeisen - Leasing increased new business volume by 80% in Czech Rep in 2010
February 10, 2011 | 03:39am CEToriginalThe volume of financing of cars rised by 10.3%. The company also wants to continue to focus on clean energy production projects, IT and hi-tech...
read moreRussian carmaker Intrall to build plant and R&D centre in Poland
February 9, 2011 | 04:14am CEToriginalLocation, amount of investment, start-up of the production, production plans, cooperation with a factory in Russia...
read moreAuto-plus program aims to increase sales by 8% in 2011, innovate its website and enter Facebook
February 9, 2011 | 03:58am CEToriginalIn 2010, sales fell by 18.2%; websites’ visit rate increased by 22%; air conditioning became a necessity. Development over the past 10 years...
read moreRenault and Dacia in February: Small models went up by CZK 5,000, Megane Coupe Cabriolet cheaper by CZK 80,000
February 9, 2011 | 03:46am CEToriginalMaster got new versions. Renault and Dacia prepared discounted equipment packets for some models...
read moreVladimir Vosicky became head of Hyundai in Czech Rep
February 8, 2011 | 05:38am CEToriginalTherefore, he was promoted from the position of sales director of Hyundai Motor Czech and took complete responsibility for the Czech market. History of changes in the top management...
read moreCSM Worldwide: World car production to rise by 5% in 2011
February 8, 2011 | 05:31am CEToriginalThe highest increase will be seen in production of cars and LCVs in China and North America, but also slightly in Europe. Details of the estimates and the outlook for 2012...
read moreFord introduced several new and innovative credit products in Czech Rep
February 8, 2011 | 05:26am CEToriginalThere is a new product in the form of an interest-free credit for 1 year with a down payment of 37.5%. The special offer of Transit Zero, discount of CZK 20,000 for a car within the 3F Entry credit...
read moreRenault to invest to EUR 5.7 billion in factories by 2013
February 8, 2011 | 05:19am CEToriginalThe division of production between Western Europe and other regions, allocation of investment, a new strategic plan, estimates of European and non-European market...
read moreBMW Group published prices for new BMW and Mini models, launching them in Q2
February 8, 2011 | 05:06am CEToriginalKey novelties include the BMW 6 Cabrio, BMW 5 xDrive, Mini Cooper SD and Mini Cooper D/Cooper SD with an automatic transmission...
read moreCCS, Natankuj.sk: Fuel became cheaper in Czech Rep last week, prices in Slovakia stagnated
February 8, 2011 | 04:48am CEToriginalPetrol at Czech filling stations went down by 11 hellers, diesel by 10 hellers. Analysts' expectations for this week...
read moreSkoda Auto plans to expand one of its assembly halls in Mlada Boleslav
February 7, 2011 | 12:36am CEToriginalIts production capacity is expected to grow by 45% in order to be ready for the third-generation Octavia. Details of the project...
read moreMinerva holding workshop on MMOG/LE for suppliers in the Czech Rep in mid-February
February 7, 2011 | 12:09am CEToriginalTraining of the new version of MMOG/LE V3 will be held in Prague. GM requires Tier 1 suppliers training for the version 3 by the end of February...
read moreOpel's 20 years in Czech Rep: 20 Years Edition with discounted extra equipment, innovated websites
February 6, 2011 | 11:49pm CEToriginalLimited editions are available for models Corsa, Astra, Zafira and Insignia. Innovations on the Web presentation...
read moreSkoda Auto and unions began negotiating new collective agreement
February 4, 2011 | 05:58am CEToriginalThere is an effort not to increase wages more than in 2010 in Volkswagen Group. Skoda Auto offered unions three options...
read moreSales of new cars in Czech Rep rose by 8% in January, LCV sales fell by 0.6%
February 4, 2011 | 05:43am CEToriginalDemand for trucks increased by a half, demand for buses fell by a third. Import of used cars increased...
read moreJan Kusy became new head of non-life insurance at Axa in Czech Rep and Slovakia
February 4, 2011 | 05:25am CEToriginalHe replaced Vladimir Belovic, who retired from Axa. Profiles of both managers...
read moreFord to extend network of Transit centers in Czech Rep in 2011
February 3, 2011 | 04:02am CEToriginalThe importer will introduce fixed prices of service inspections for Transit and will publish the annual service costs for all models. Sales of spare parts to independent repairers...
read moreFrank Fripon became new director of financial division of CSOB Pojistovna
February 3, 2011 | 03:59am CEToriginalHe replaced Jaroslava Hirschova in office after less than a year. Professional history of both managers...
read moreNissan offers 2010 Micra cars with discount of CZK 20,000 in Czech Rep
February 3, 2011 | 03:47am CEToriginalWhen using finance it is possible to obtain a further discount of CZK 30,000. A model example when applying the Start credit…
read moreSales of new cars in Germany accelerated by growth to 17% in January
February 3, 2011 | 03:40am CEToriginalThis is the second such increase in a row over a year. Production of cars in Germany in January rose by 10%...
read moreLexus decreased prices of selected models by CZK 30,000 to CZK 100,000 in Czech Rep
February 3, 2011 | 03:30am CEToriginalThe reason is the favorable exchange rate of the koruna against the euro. The price decrease applies to some versions of the model rang IS, GS and LS...
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Source: ECB, September 19, 2025