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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
Invelt began to repair car overnight, preparing pick-up service
September 17, 2010 | 01:29am CEToriginalWhile the Overnight service will be free of charge, the Pick-up service will be for a fee. Details of the new services, the investments, sales results in 2009 and H1 2010...
read moreKofron Martin left SkoFIN to join KPMG
September 17, 2010 | 01:12am CEToriginalThis happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
read moreRenault and Dacia prepared special discounts on new cars, financing and insurance for people affected by floods
September 17, 2010 | 01:01am CEToriginalThe offer applies to the region of northern Bohemia with the possibility of drawing until the end of the year. Benefits beyond other special offers...
read moreEU car sales dropped by 12.9% in August, by 3.5% over eight months
September 17, 2010 | 12:47am CEToriginalRegistrations of Volkswagen fell by 4.3% from January to August, of which the Skoda brand by 6.4%. On the contrary, the French carmakers have been showing good results...
read moreDemand for Peugeot 3008 and Peugeot 5008 exceeds carmaker’s expectations by 25%, or 10%
September 17, 2010 | 12:38am CEToriginalPeugeot's special offer for September, the result of spring test runs, competition for a trip to Disneyland, Euro 5 engines for other models…
read moreLeading Japanese and European automakers start to make greater use of South Korean suppliers
September 17, 2010 | 12:27am CEToriginalThus, they give them the impetus to expand abroad. The views of several analysts, supply situation for automakers BMW, Toyota and Mitsubishi...
read moreNissan further reduced price of Qashqai in Czech Rep
September 17, 2010 | 12:17am CEToriginalWithin the special offer valid in September the Qashqai can be purchased from CZK 369,900 and the Qashqai+2 from CZK 433,000. Details...
read moreToyota offers 100 Dell notebooks in Czech Rep when negotiating financing via Internet
September 17, 2010 | 12:05am CEToriginalIt is a campaign to introduce online guaranteed pre-approval of credit or lease contract. Insurance of spare car for 15 days free of charge...
read moreSkoda Auto count Superb successor in, variation interval may be extended
September 16, 2010 | 02:06am CEToriginalThe Superb enjoys a great interest; sales are growing by dozens of percent. The second generation came after seven years, the third one...
read moreE-mobility development will be financed with EU money in Czech Rep
September 16, 2010 | 02:00am CEToriginalMinistry of Environment is preparing the conditions for drawing of funds from one operational programme. Launching, recipients of aid, the amount of money...
read moreCLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans
September 16, 2010 | 01:20am CEToriginalReporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
read moreSkoda Auto sales rose by 11.5% in August, by 13.2% over eight months
September 16, 2010 | 01:06am CEToriginalThe demand continued to be driven by China, but also by Western Europe, and partly by the Czech Republic. Sales of individual models...
read moreToyota Motor intends to introduce six new hybrid models by 2012
September 16, 2010 | 12:29am CEToriginalMoreover, the carmaker plans to launch the Prius plug-in hybrid and two electric cars into the U.S. market. Price of the Prius rechargeable in a socket...
read moreRussia to increase funding for scrappage scheme by 70%
September 16, 2010 | 12:16am CEToriginalAdding another RUB 14 billion to the 20 billion earmarked so far will extend the program by...
read moreSuppliers: Skoda Auto to replace range of Czech components manufacturers with Chinese ones
September 15, 2010 | 02:51am CEToriginalThey are able to offer lower prices and high quality is not a priority for the Skoda brand according to Volkswagen’s new strategy. Exceptions...
read moreBenteler acquired contract from Volkswagen for New Small Family mini cars
September 15, 2010 | 02:39am CEToriginalCurrently, the company is deciding whether it will assign it to the Slovak plant Malacky or to some of the Czech plants...
read moreTili to help with e-mobility implementation in Czech Rep
September 15, 2010 | 02:29am CEToriginalThe first e-mobile office in Prague 13, cooperation with cities, a seminar held on September 16 in Prague, Open Days in Brussels, electric car Tazzari...
read moreCzech Foundry Association: China foundry companies aim to purchase Czech know-how
September 15, 2010 | 02:16am CEToriginalThey have been offering money for training and internships of their staff to the Czech companies. Alleged barter for contracts from the Expo fair in Shanghai, refusal to cooperate...
read moreCzech government began to solve issue of fraudulent speedometer manipulations
September 15, 2010 | 02:10am CEToriginalThere was an expert group appointed composing of 12 people who met last week. The representatives of the group, possible complications...
read moreDirect prepared subsidized insurance for seasonal drivers and motorists operating in Czech Rep only
September 15, 2010 | 01:49am CEToriginalThe discount, excess for breaching the exception, the extension of bonus insurance free of charge, a navigation for CZK 1 in September for contracts over CZK 4,000...
read moreDynavix expanding abroad, planning to enter markets outside Europe
September 15, 2010 | 01:34am CEToriginalAfter Slovakia and Poland, the company will sell navigations in Germany as well. Further expansion directions, voice commands from celebrities, special navigations for trucks...
read moreCLFA requires amendment of Consumer Credit Act, which has not come into force yet
September 15, 2010 | 01:26am CEToriginalThe reason is the inclusion of financial leasing in the law, which is beyond the EU directive and will bring complications to the leasing companies...
read moreMSV Brno: Swedish companies looking for partners from automotive industry in Czech Rep and Slovakia
September 15, 2010 | 01:16am CEToriginalThese are primarily manufacturers of aluminium profiles and components for automobiles, for example, companies Profil Gruppen, Auto Tube, Automatlego, ACP or ATAB...
read moreCCS: Fuel prices in Czech Rep changed slightly last week
September 15, 2010 | 12:59am CEToriginalWhile petrol was slightly more expensive, the price of diesel went down. Details of price movements and the current prices...
read moreBrembo to enter mid-premium segment, building plant in Czech Republic
September 14, 2010 | 05:20am CEToriginalThe manufacturer of braking systems for supersport and exclusive cars will invest in Ostrava. The amount of investments, contracts, production launching, expected revenues...
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Source: ECB, September 19, 2025