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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
Regional hetman and U.S. ambassador in Czech Rep to help with higher compensation for employees of just closed Czech factory of Delphi
September 5, 2010 | 11:38pm CEToriginalDiscussions took place on Friday and the embassy promised aid in order to avoid possible strike...
read morePininfarina to expand in Russia, aims to produce all-new models of Lada Niva and ZIL
September 3, 2010 | 04:13am CEToriginalSimultaneously, Pininfarina wants to buy the Niva brand from GM. Negotiations with the carmaker AvtoVAZ, investments in new models...
read moreBohdan Wojnar to move from Slovak plant to Skoda Auto within Volkswagen Group
September 3, 2010 | 03:56am CEToriginalAs a board member for HR he will replace Klaus Dierkes in the Czech carmaker, who goes to China...
read moreVolkswagen wants to set up assembly line in GAZ plant in Russia
September 3, 2010 | 03:42am CEToriginalThe German carmaker is seeking to strengthen production capacity in anticipation of increased sales. GAZ also recently purchased a production line from Chrysler...
read moreVolvo Truck let key managers spin in CEE region
September 3, 2010 | 03:29am CEToriginalIn August and September importers of Volvo trucks in the Czech Republic, Slovakia and Estonia appointed new general managers. Their names...
read moreCar sales in Germany fell by 27% in August, by 29% over eight months
September 3, 2010 | 03:18am CEToriginalThe high comparative base influenced by the crap bonus has affected the sales in France, Italy and Spain as well. Detailed data on the decline...
read moreMartin Maly to leave Cetelem, outside field of finance
September 3, 2010 | 03:11am CEToriginalCetelem has not decided on his successor yet, a selection procedure is now under way. Maly’s new place of work...
read moreFerrari recalls 1,250 cars of 458 Italia model to repair due to potential fire
September 3, 2010 | 02:54am CEToriginalSo far, five cases of fire related to a used adhesive have reportedly occurred. In the Czech Republic, the recall covers...
read moreCeska pojistovna strengthened by Jan Hainz, became new head of communications
September 3, 2010 | 02:34am CEToriginalHe has replaced Richard Kapsa in the office, who still remains in CP. Existing and new duties of Kapsa in CP and Generali PPF Holding...
read moreCar sales in USA dropped by 5% m/m below 1 million units in August
September 3, 2010 | 02:24am CEToriginalIt is the worst August result over 27 years, very surprising according to analysts. Results of carmakers...
read moreMartin Jahn to move within Volkswagen Group from Russia to headquarters in Germany
September 2, 2010 | 01:05am CEToriginalHe will become the head of global fleet sales there. His successes in Russia, targets in Wolfsburg, further personnel changes in Volkswagen...
read moreAAA Auto and association SOVA prepared proposal to impose criminal sanctions for rewind tachometers
September 2, 2010 | 12:52am CEToriginalThe proposed penalty, criminalization of offering such a service, obligation of MOT, registration offices of vehicles and service shops to record mileage within inspections...
read moreMitsubishi i-MiEV to cost about EUR 34,000 in Europe, with government support EUR 30,000
September 2, 2010 | 12:33am CEToriginalSales will begin still in 2010 in 14 countries which provide subsidies for EVs. Differences of the European version, introduction in the Czech Republic and Slovakia...
read moreCzech Rep supported free trade agreement between EU and South Korea
September 2, 2010 | 12:11am CEToriginalThe agreement offers according to the Czech government new export opportunities to companies outside the automotive industry, including protection mechanism for the European carmakers...
read moreSlovak plant of Volkswagen resumed continuous production in advance
September 1, 2010 | 11:58pm CEToriginalIt has happened after three years, the continuous production is planned until mid 2011. The reason is a high demand for SUVs...
read moreVaclav Balek became head of communications at Allianz in Czech Rep
September 1, 2010 | 11:48pm CEToriginalHis predecessor, Pavla Pasekova left Allianz in late June. Balek came from the Ceska pojistovna, which has already chosen his successor...
read moreGiant factory complex in Brandys nad Labem rented out to Continental to go on auction in mid-October
September 1, 2010 | 02:57am CEToriginalThe factory owner, auction proposer, the reasons for the sale, parameters of the plant and lease, annual rent, parties concerned, auction and market price…
read moreNew advertising server for used cars, Ucar.cz started up in Czech Rep
September 1, 2010 | 02:48am CEToriginalThe operator, the number of cooperating used-car shops, visitors to the website, the number of cars offered, offers of the Skoda brand...
read moreCEZ to acquire further Mercedes-Benz cars within long-term framework agreement
September 1, 2010 | 02:39am CEToriginalThe supplier’s name, the model chosen, the number of cars, special adaptations to vehicles, use within the CEZ Group...
read moreVladimir Bezdek to become head of Generali in Slovakia after Antonin Nekvinda
September 1, 2010 | 02:34am CEToriginalBezdek lastly worked in the Aegon group in the Czech Republic. Nekvinda may remain in Generali PPF Holding...
read mores Autoleasing increased number of new contracts by 21% in H1
September 1, 2010 | 02:21am CEToriginalWhereas the number in financing of used cars rose by 27%, new cars fell by 2%. The reason of the success is allegedly a gift in the form of a card for accommodation...
read moreAuto Esa prepared bonus when renewing car damaged by hail through trade-in
September 1, 2010 | 02:12am CEToriginalThe discount called hail-bonus may reach up to CZK 50,000 after assessing the state of the car. Further details and conditions of the offer...
read moreCAP: Clients reported 2,600 claims on cars worth CZK 115 million to insurance companies after hailstorm over last week
September 1, 2010 | 02:06am CEToriginalIn terms of floods, there are 42 new claims worth CZK 3 million. Current numbers, the situation at the largest Czech insurance companies, Ceska pojistovna and Kooperativa...
read moreSkoFIN offers customers affected by August elements extension of payment holidays and remission of debt charges
September 1, 2010 | 01:54am CEToriginalThe grace period of four months, unpaid fees and penalties, validity of the offer...
read moreDynavix appointed new marketing and PR manager
September 1, 2010 | 01:51am CEToriginalMarketa Kubeckova will assume the office mentioned above on September 1. Her predecessor, Jana Slintakova...
read more
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