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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
Auto Duba wants to significantly increase sales in 2011, plans to expand outside of Prague
December 22, 2010 | 05:44am CEToriginalThe recent changes of corporate design and logo are now completed by a new website...
read moreBosch Diesel in Jihlava ended collective bargaining with trade unions, wages to increase by lump sum in 2011
December 22, 2010 | 05:24am CEToriginalThe previous collective agreement, an increase in surcharges, novelties for staff with fixed-term agreements, changes in the company holiday...
read moreMitsubishi to stop production of Colt in Netherlands
December 21, 2010 | 05:47am CEToriginalThis production is to replace the production for other automakers. U.S. facility in Illinois is also not used to full capacity...
read moreVolkswagen to recall 413,000 cars in U.S. and Canada
December 21, 2010 | 05:24am CEToriginalThe vehicles were produced in Mexico since 2006. Reason for recall, affected models, the number of cars in each country, years of production...
read moreSimon: Volkswagen expands production of components in Slovakia, recruiting 400 new employees by 2014
December 20, 2010 | 04:12am CEToriginalThe carmaker has received land next to its plant in Martin from the state. Details of the project...
read moreSales of commercial vehicles in EU rose by 16.3% in November
December 20, 2010 | 04:06am CEToriginalThe pace of growth accelerated from 12% in October. From January to November 2010, registrations increased by 7.5%. Results in the Czech Republic...
read moreSkoda Auto unions agreed on work calendar for 2011 with carmaker’s management
December 20, 2010 | 03:42am CEToriginalPremium for plus shifts on the weekends, the use of flexi accounts, averting of the 18-shift work model, continuation of collective bargaining...
read moreRobert Koutny to leave Bridgestone, led Czech and Slovak representation for 10 years
December 17, 2010 | 04:56am CEToriginalBridgestone is currently changing the organizational structure in the CEE region. Koutny´s successor, details of a new Eastern Region organizational unit...
read moreCar of the Year 2011 in Czech Republic: Three premium and two non-premium models to compete for title
December 17, 2010 | 04:27am CEToriginalOrganizers will announce the winner of the 17th year of the contest on January 19, 2011. Kia, BMW, Alfa Romeo, Mercedes-Benz, Ford have models in the final...
read moreRadicova: PSA Peugeot Citroen to create 1,000 new jobs in Slovakia
December 15, 2010 | 09:48pm CEToriginalThis will be accompanied by a production increase in the plant in Trnava, which currently employs 3,000 people. Utilization of production capacity...
read moreCar sales in EU down by 7.1% in November, by 5.7% over 11 months
December 15, 2010 | 09:37pm CEToriginalDecline in sales thus slowed from 16.6% in October. Registrations of Volkswagen decreased by 6% in November, its Czech division Skoda Auto, however, rose...
read moreSkoda Auto has greatest return on advertising investment among carmakers in Czech Rep, followed by Import Volkswagen Group
December 15, 2010 | 04:37am CEToriginalSome importers have advertising costs per vehicle sold even four times higher. The ten largest advertisers and their profitability of investment...
read moreVisteon developed system for timely turning of front lights to curve
December 15, 2010 | 04:05am CEToriginalIt moves from the steering angle and speed sensors to use of GPS. Carmakers’ interest in the system...
read moreInsurance companies in Czech Rep to introduce fraud detection software together
December 15, 2010 | 03:53am CEToriginalThe system should primarily help detect fraud in automobile insurance, which dominates with 70%. Details, date of launching, the current situation in frauds...
read moreCCS: Fuel significantly more expensive in Czech Rep and Slovakia last week
December 15, 2010 | 03:39am CEToriginalPetrol and diesel sold at the Czech stations became more expensive by about CZK 1. The price of petrol is even at a record pre-crisis level. Analysts’ view...
read moreGrupo Antolin to expand production in Czech Rep for carmaker Hyundai-Kia
December 14, 2010 | 04:03am CEToriginalDue to a threat of flooding and under the pressure of German carmakers the company will move production within the Liberec Region. Details of both projects…
read moreVahland: Skoda Auto wants its global production to double, as for China even triple
December 14, 2010 | 03:46am CEToriginalGrowth in production exclusively outside the Czech Republic, doubling the number of models to 10, import of Skoda cars to the Czech Republic, production in China in the next plant...
read morePal Magneton increasing sales and profits, gaining new contracts, strengthening quality and R&D, preparing optimize production in Kromeriz
December 14, 2010 | 03:31am CEToriginalExpected results for the years 2010 and 2011, employment trends, the tool room hire, a new order from Bosch...
read moreFaurecia to buy indebted German automotive supplier Angell-Demmel
December 14, 2010 | 03:15am CEToriginalFaurecia will strengthen its interior systems division and cooperation with leading German automakers. Details of the transaction...
read moreVisteon expects growth in orders in Czech Rep in coming years
December 14, 2010 | 03:06am CEToriginalThe current staff situation and outlook for 2011, current and new contracts in the automotive lighting division...
read moreBMW Group and mayor of Pec pod Snezkou opened Mini Bullbar in mountain resort
December 14, 2010 | 02:47am CEToriginalThe design bar is to promote entry of the Mini into the SUV segment. Details of Mini Bullbar and marketing activities of competing carmakers...
read moreStackmann: Skoda Auto to sell over 750,000 cars in 2010, surpassed year 2009 in 11 months
December 14, 2010 | 02:31am CEToriginalIn November the carmaker increased sales by 15.8%, by 12.3% over 11 months. Demand for individual models in November...
read moreFrench government asked Renault and PSA Peugeot Citroen to stop trading with Molex
December 14, 2010 | 02:24am CEToriginalThe government does not like the way how the French factory of Molex was closed and its employees released with regard to the profitability of the company...
read moreSOR Libchavy extends paint shop by investment of CZK 20 million
December 14, 2010 | 02:16am CEToriginalThe company will produce around 500 buses in 2010, production capacity of the Libchavy plant is 700 buses. The use of a new paint shop...
read moreAV Engineering to extend theoretical development of car prototypes for practical part
December 13, 2010 | 03:21am CEToriginalFor manufacturing, assembling and testing of prototypes the company will extend one of its R&D centres in the Czech Republic...
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