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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
GE Money Auto extended offer of autoCredit with free weekend stay until end of year
November 4, 2010 | 06:23am CEToriginalOver five months 4,700 clients took advantage of the offer, 75% of them selected hotels in the Czech Republic. The company has extended its offer before the winter with 20 mountain hotels...
read moreNissan Crossover Week: Dealers presenting latest novelties Juke and Murano Diesel in Czech Rep
November 4, 2010 | 06:14am CEToriginalThe event lasts until November 7, dealers are also open at the weekend. Actual prices of Juke, Qashqai and Murano, advantaged financing...
read moreUnions of Bosch Diesel’s Czech plant want higher wage growth in 2011
November 4, 2010 | 06:00am CEToriginalEmployees also require changing the shift model with regard to time off or increasing premiums. Details of the requirements, the economic results for 2009...
read moreCeska pojistovna: Damage liability market in Czech Rep to fall by 2.9% in 2010 after falling by 0.1% in 2009
November 4, 2010 | 05:53am CEToriginalThe fight for the client is thus becoming tough, insurance companies are coming with direct settlement and new or enhanced services. Another negative phenomenon is not applying extra premiums...
read moreGovernment refused to allow firefighters in Czech Rep receiving share of damage liability
November 4, 2010 | 05:42am CEToriginalThe cabinet thus rejected the proposal of the Pardubice Region to give 4% of premiums to firefighters. The reason of the government...
read moreGoogle tests car without driver, on highways and in cities as well
November 4, 2010 | 05:31am CEToriginalThe aim is to improve traffic safety, let people relax and reduce emissions. Previous test results and details of the automatic cars...
read moreCar sales in Russia up by 55% in September, by 18% in Q1-3
November 4, 2010 | 05:23am CEToriginalDemand continued to be driven by the scrappage scheme. Skoda is growing faster than the market in Russia, namely...
read moreSkoFIN innovated communication strategy, introduced new logo and slogan
November 4, 2010 | 05:19am CEToriginalThe aim of the innovation is more precise addressing of potential clients. Tools for external communication, the planned expansion of services...
read moreRenault will sell majority of shares in Volvo AB, remains largest owner though
November 4, 2010 | 05:12am CEToriginalThe company wants to reduce its debt and regain investment rating. The marketed share, its value, improvement of the shares...
read moreCrisis closed several Auto Place used car shops in Czech Rep, company wants to open new ones with licence
November 3, 2010 | 05:42am CEToriginalDetails of franchising, current and former branches, 2-year warranty, after sales benefits and discounts for customers, operating leases for used cars...
read moreJaroslav Srol started Isuzu Trucks representation in Czech Rep, now given same task in Slovakia
November 3, 2010 | 05:36am CEToriginalAntonin Ruzicka became new general manager of Isuzu Trucks Czech Republic, who previously worked in...
read moreIkea to support e-mobility, prepares pilot project in Central Europe
November 3, 2010 | 05:17am CEToriginalThe corporate fleet, charging stations at Avion shopping malls, reserved seats for eco-cars in Prague, rental EVs to customers...
read morePhilippe Saillard got task to lead Nissan in Central Europe after establishment of Infiniti brand in Europe
November 3, 2010 | 05:07am CEToriginalThe current managing director of Nissan for the Czech Republic, Slovakia, Poland, Hungary, Pierre Boutin will go within Nissan Europe to...
read moreSwell began to perform vibration tests at extreme temperatures
November 3, 2010 | 04:57am CEToriginalThe company extended the technological equipment of the development test-room and will soon put a temperature chamber into operation, which can develop the temperature for the surroundings...
read moreUniqa to expand direct settlement of claims from accident insurance to damage liability
November 3, 2010 | 04:50am CEToriginalExisting clients will receive it automatically, the new ones within expanded assistance. The special offer until the end of 2010, including multiplication of bonuses and selection of one more benefits...
read moreAvtoVAZ announced third recall action, again due to major safety problem
November 3, 2010 | 04:32am CEToriginalHowever, the carmaker is recalling only a negligible part of its production for repair; experts consider it a marketing gimmick. Number of cars and models affected, including the Chevrolet brand...
read moreTomas Zavoral became spokesman of Ceska pojistovna
November 3, 2010 | 04:24am CEToriginalCeska pojistovna thus filled this post after two months, when Vaclav Balek left for Allianz. Zavoral’s previous place of work...
read moreNissan holds winter service campaign in Czech Rep by year-end
November 3, 2010 | 04:01am CEToriginalPrice of the inspection and selected spare parts depends on the age of the vehicle, the fourth winter tire free of charge at selected dealers...
read moreGenerali streamlined segmentation of damage liability in Czech Rep, only age to be important
November 3, 2010 | 03:41am CEToriginalDrivers under 30 years of age will have more expensive insurance if they cause an accident. Segmentation shall not apply to sole traders and inhabitants of Prague. A count of levels of the assistance services...
read moreCSOB Leasing renewed offer of damage liability free of charge for year to financing of new car
November 2, 2010 | 11:55pm CEToriginalTerms of the offer are the same as during the spring campaign. The offer is again limited not only by time but also by the number of contracts. Results of the offer in the spring...
read moreNYK Logistics took over entire logistics of components supply for Nissan plants in Europe
November 2, 2010 | 11:44pm CEToriginalCooperation between the two Japanese companies started in 2006 and expanded to other countries of Central and Western Europe. Details of logistics processes...
read moreKooperativa Na100Pro: Additional premium to damage liability with direct settlement and full coverage without deducting depreciation
November 2, 2010 | 11:36pm CEToriginalThe new type of insurance should thus focus primarily on owners of older cars. The scope of assistance and other services, the price of the additional premium...
read moreAAA Auto: Czech consumers return from foreign brands to Skoda
November 2, 2010 | 11:22pm CEToriginalOver last year the company increased the share of Skoda in overall sales by 10 percentage points. Demand for diesel and petrol engines of various models...
read moreCompany and fleet cars make up half of portfolio of Ceska pojistovna
November 2, 2010 | 11:12pm CEToriginalA total of 900,000 private clients got damage liability without obligation. Those in the event of an accident can use a wide network of contractual service shops and rentals...
read moreHonda holds autumn service campaign in Czech Rep with inspection for CZK 99
November 2, 2010 | 10:59pm CEToriginalThe importer is offering discounts on spare parts and accessories and Europ Assistance services for winter months at a reduced price to mid-November…
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