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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
CCS, Natankuj.sk: Fuel prices fell slightly in Czech Rep last week, flat in Slovakia
November 10, 2010 | 11:53pm CEToriginalPetrol sold at filling stations in the Czech Republic discounted by 3 hellers, diesel by 2 hellers. Analysts' expectations for this week...
read moreOne of SaarGummi’s subsidiaries insolvent, not to affect other group parts
November 10, 2010 | 05:57am CEToriginalThe proposal was filed by the company’s management after unsuccessful negotiations and attempts to restructuring. Sale of the industrial division...
read moreCarGarantie to offer other products than automobile warranties in Czech Rep
November 10, 2010 | 05:50am CEToriginalTherefore, an affiliated company entered the Czech market in 2010. Now, CarGarantie is seeking a successor for Milan Veprek...
read moreHyundai confirmed plans to sell over 10,000 cars in Czech Rep in 2010
November 10, 2010 | 05:24am CEToriginalSales and market share of the brand have been growing throughout the year. In October, Hyundai posted record results for the first time and became a leader among the importers...
read moreAxa innovated criteria for car insurance in Czech Rep to address experienced drivers of non-premium brand cars from smaller towns
November 10, 2010 | 05:10am CEToriginalThe basic criterion of age, a discount for annual payment, accident insurance segmented by brand into fewer groups...
read moreCar prices down 0.8% m/m in Czech Rep in October
November 10, 2010 | 04:51am CEToriginalWhile prices of new cars were stagnated, used cars became cheaper by a few per cent. Prices of spare parts were flat and prices of service work grew. Detailed information...
read moreKooperativa not to increase basic rate of damage liability in 2011
November 10, 2010 | 04:43am CEToriginalGood drivers will get a full bonus, those bad with more contracts will get a reduced malus, new clients will receive a discount of 10% for the last three years without accidents...
read moreCitroen Service Racing: Fast service by Citroen at no extra charge from 2011
November 10, 2010 | 04:23am CEToriginalFirst it will be available in France, subsequently in other countries including the Czech Republic. The work of two technicians, repair time, the limit of car age...
read moreCSOB Pojistovna not to increase rate of damage liability in 2011, introducing direct settlement
November 10, 2010 | 04:10am CEToriginalDetails of seven different discounts and bonuses, a set in the event of an accident free for new clients...
read morePlanned expansion of production of Hyundai cars in Czech Rep may be delayed by problems with construction of new transmission shop
November 10, 2010 | 03:58am CEToriginalAlternative, start of production of cars with six-speed gearbox and export of transmissions to Russia, the production plan for 2010...
read moreDirect head Jan Carny to lead sister insurance company Intouch in Russia as well
November 10, 2010 | 03:39am CEToriginalAs the regional director of the RSA he plans to establish cooperation with Czech partners on the Russian market and expand product range there...
read moreAAA Auto approached police for alleged defamation from its competitors
November 9, 2010 | 06:44am CEToriginalAn unknown offender has reportedly blemished the company by fictional contributions on the forum Reference-autobazaru.cz from the IP address of Auto Esa. Details...
read moreAutosalon Klokocka to present Audi A7 unusually at night
November 9, 2010 | 06:29am CEToriginalThis is probably the first dealer presentation of a new model at night in the Czech Republic. When ordering a car during the event, there is a gift in the form of a free search appliance...
read moreSales of new cars in Slovakia rose sharply in October, showing 2010 monthly record
November 9, 2010 | 06:16am CEToriginalHowever, the cumulative sales are still below the level of 2009 over the ten months. Regarding trucks, the situation is different...
read moreCSOB Pojistovna: Highest accident risk in 2010 and in long term fall on large cities and north of Czech Rep
November 9, 2010 | 06:08am CEToriginalDistricts with the highest and the lowest accident rates, trends in improvement and deterioration, the impact of the August flood...
read moreNissan offers discounts on selected models in Czech Rep till end of 2010
November 9, 2010 | 05:57am CEToriginalThe purchase may be done within financing with a 0% increase for up to 60 months. Special prices for passenger and commercial vehicles...
read moreZurich to enter CEE with extended car warranties, expansion to be ensured by former CarGarantie executives
November 8, 2010 | 05:25am CEToriginalReal Garant subsidiary begins its operation in the Czech Republic, Slovakia and Hungary. Personnel changes, corporate partners, details of the expansion...
read moreVolkswagen not managing to produce VW and Skoda cars in Russia, lack compensated by imports from Czech Rep
November 8, 2010 | 04:47am CEToriginalWaiting time for the Polo sedan, Fabia and Octavia, Polo cheaper than Fabia, planned production and sales in 2010...
read moreDalibor Sajar became head of Allianz marketing and CRM in Czech Rep
November 8, 2010 | 04:33am CEToriginalHe replaced Martin Podavka, who remains with Allianz. Sajar’s previous position, Podavka’s new post...
read moreLeasing of movables in Czech Rep down by 8.2% in Q1-3, consumer loans by 7.1%
November 8, 2010 | 04:11am CEToriginalThe number of contracts concluded, financial and operational leasing, fleet management, the individual segments (cars, LCVs, trucks, buses)...
read moreIntroduction of flexi accounts at Skoda Auto took workers option to work on weekends and Saturday bonuses, unions aim to compensate it
November 5, 2010 | 05:53am CEToriginalIf there is no agreement reached, the unions intend to reject the intensive working hours in 2011. The circumstances of the situation, the attitudes of both sides...
read moreToyota recalls 135,800 cars in Japan and Europe
November 5, 2010 | 05:33am CEToriginalThe reason is a possible failure of the power steering. Recalled models, numbers of affected vehicles, and years of production...
read moreRehak (Ceska pojistovna): Direct settlement with clearing center to be introduced in Czech Rep within one year
November 4, 2010 | 07:02am CEToriginalIt is now being discussed within CAP whether it will be in a legislative or non-legislative way. Liquidation companies falling out of the process, the situation in Europe...
read moreSDA: Sales of passenger cars in Czech Rep down by 7% in October, due to consumers
November 4, 2010 | 06:53am CEToriginalRegistrations of LCVs fell by 14.9% but went up for trucks and buses. The data are not cleared of re-exports though...
read moreWustenrot gives toll sticker for arranging building savings and damage liability in Czech Rep
November 4, 2010 | 06:39am CEToriginalThe permanent discounts, Multibonus for owners of several cars, casualty insurance and assistance free of charge, progressive increase in bonus...
read more
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