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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
EU started to defend itself against dumped imports of Chinese components
November 2, 2010 | 04:19am CEToriginalIt has imposed duty on aluminium discs and begun investigating circumvention of the measure by the Chinese exporters of steel bolts. The validity and amount of duty, undervaluation of the Chinese currency...
read moreContinental and Schaeffler merger to be possibly delayed by tax claims of U.S. against Schaeffler’s major owner
November 2, 2010 | 01:50am CEToriginalWhile the earliest possible date of the merger has been the end of 2011 so far, now it is...
read moreInvelt aims to attract owners of individually imported BMWs to winter inspection for free
November 2, 2010 | 01:35am CEToriginalThe action applies to cars not older than 8 years and to the first visit of an authorized Invelt service centre in Prague. The offer is valid from...
read moreConsumer Reports: Car reliability in U.S. still dominated by Japanese brands, U.S. brands approaching
November 2, 2010 | 01:23am CEToriginalThe Top 10 include seven Japanese, two European and one American brand. Details of the ranking...
read moreAnnonce introduced several innovations in print and online used car advertising
November 2, 2010 | 01:07am CEToriginalThe printed version in newsstands is now full-coloured; moreover, a letter box issue has been added. Apart from the internet site, there is an application on Facebook...
read moreCzech Government possibly not to agree on grants of compulsory insurance to fire fighters
November 2, 2010 | 12:56am CEToriginalAccording to the Government, the amendment would worsen the financial situation of insurance companies and possibly mark the damage liability up. Details of the bill and the arguments...
read moreALD Automotive and GE Money Auto became members of SOLUS
November 2, 2010 | 12:47am CEToriginalThe association SOLUS currently has 34 members, of whom 13 are engaged in automobile financing. Benefits of the membership in SOLUS...
read moreToyota Motor began production of 1.4 D-4D diesel engine in Poland
November 2, 2010 | 12:39am CEToriginalThe place of production, annual production, engine parameters, deliveries to factories in Europe and Africa, fitting into the models...
read moreCCS, Natankuj.sk: Fuel down in Czech Rep last week, up in Slovakia
November 2, 2010 | 12:25am CEToriginalPetrol at the Czech filling stations became cheaper by 22 hellers, diesel by 10 hellers. Development in Slovakia, analysts' expectations for this week...
read moreA. Charouz expanded portfolio for another brand, becoming Mazda dealer
November 1, 2010 | 05:44am CEToriginalIt is the 13th volume brand in the portfolio of the Auto Charouz group. Simultaneously, the company entered the city, in which it has not operated so far...
read moreNissan recalls 2.14 million cars worldwide, including Infiniti brand
November 1, 2010 | 05:32am CEToriginalIt is caused by problems with the ignition. The affected models, years of production, the number of cars in various regions including Europe and the Czech Republic...
read morePetr Benes became new commercial head at CSOB Pojistovna
November 1, 2010 | 05:18am CEToriginalThis division was led by managing director Jeroen van Leeuwen in the recent years. Professional career of Benes...
read moreBMW recalls 150,000 cars equipped with 35i engine in USA
November 1, 2010 | 05:01am CEToriginalThis is caused by a defective fuel pump, which may cause a loss of engine power. The affected models and years of production, the possibility of convening in Europe...
read moreSkoda Auto rose operating profit by 64.4% in Q1-3 at revenue growth of 16.3%
November 1, 2010 | 04:50am CEToriginalProduction increased by 8.1%, sales by 12.8%, net profit by 115.5%. The carmaker is further reducing costs; the model mix improvement is caused by more expensive models of Yeti and Superb...
read moreToyota secretly bought out faulty cars from its customers, reportedly for their analysis
November 1, 2010 | 04:41am CEToriginalMost cars were allegedly bought under warranty. Under the complaint, transactions included a confidentiality agreement and the inability to sue the carmaker...
read moreSales of commercial vehicles in EU rose by 13.7% in September, by 6% in Q1-3
November 1, 2010 | 04:31am CEToriginalRegistrations of heavy trucks rose by 20.4% in September, in Q1-3 they fell by 5.5%. The situation in individual countries and on the bus market...
read moreVolkswagen showed highest Q3 profit in history in Q3 2010
November 1, 2010 | 04:17am CEToriginalIt was supported by double-digit revenues growth and profits from investments - shares in Porsche, MAN, and shares in joint ventures in China. Cash reserves continued to rise...
read moreTPCA to further reduce state of agency staff at end of October
October 28, 2010 | 11:55pm CEToriginalDue to the falling production in TPCA, suppliers of components and services such as NYK Logistics and Lear are forced to release staff as well...
read moreToyota Financial Services started selling used cars through electronic auction in Czech Rep
October 28, 2010 | 11:16pm CEToriginalThese are cars taken from bad payers and cars returned from operating leases. Apart from Toyota dealers, the auction is available for other companies...
read moreRenault and Dacia holding winter service action in Czech Rep by mid-November
October 28, 2010 | 10:57pm CEToriginalWhen having a car inspected for CZK 200, the customer will receive discount coupons. The event includes a discounted offer of tires and complete wheels...
read moreCar insurance market in Czech Rep decreased by 6% in Q1-3, accident insurance more than damage liability
October 27, 2010 | 05:57am CEToriginalThe number of insured vehicles grew by 98,000 units. Detailed results of insurance companies...
read moreTomas Zavoral to leave insurance company Direct after three years
October 27, 2010 | 05:35am CEToriginalDirect has not appointed Zavoral’s successor yet, his powers will be temporarily taken over by the PR agency Ogilvy. Zavoral is likely to pass to some other insurance company...
read moreUniqa introduces car insurance SafeLine to other countries, now to Czech Rep
October 27, 2010 | 05:21am CEToriginalThe SafeLine uses a GPS unit from Cebia to help against thefts, while accidents and vehicle operating costs savings. Discounts on insurance, results abroad...
read moreKia Motors used EU funds for staff training in Czech Rep
October 27, 2010 | 05:04am CEToriginalThe training at the importer focused on dealer network management and business negotiation leading. Details, financing, administrator of the project...
read moreMinerva holding two workshops on MMOG/LE standard for suppliers in Czech Rep in November
October 27, 2010 | 04:50am CEToriginalTraining of the new version of MMOG/LE V3 will be held on two dates in Brno and Prague. The most recent user of the standard is the carmaker GM...
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Source: ECB, September 19, 2025