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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
Maruti Suzuki could produce cars for Volkswagen Group in India
August 6, 2010 | 02:38am CEToriginalParent company of the Maruti Suzuki is the Japanese carmaker Suzuki Motor, in which Volkswagen acquired a share in early 2010...
read moreInsurance companies in Czech Rep: Volume of detected frauds rose by tens of percent in H1
August 6, 2010 | 02:24am CEToriginalMost of the frauds fall on the accidental insurance, followed by damage liability and property insurance. Details of insurance companies...
read moreHyundai Motor plans to increase production capacity in USA
August 6, 2010 | 02:12am CEToriginalThe carmaker could announce plans of the production increase during the month. The reason is increasing sale on the market, which should achieve in 2010...
read moreVolkswagen’s Russian plant resumed production
August 5, 2010 | 11:54pm CEToriginalThe productio shut down because of the massive fires in the country thus lasted only one day. The plant also produces Skoda cars...
read moreMartin Mitterwald left LeasePlan after 13 years
August 5, 2010 | 01:10am CEToriginalThe post of the Czech branch general manager is now vacant; as for the position of executive head, it has been taken by the chief of the Polish branch. Reasons for leaving...
read moreCar sales in USA rose by 5.1% y/y in July, by 6.6% m/m
August 5, 2010 | 12:59am CEToriginalHowever, the pace of growth has slowed to its lowest level since November 2009. Sales outlook for Q3, effects on the growth in July, the results of brands...
read moreSales of new vehicles in Czech Rep fell in all segments in July
August 5, 2010 | 12:42am CEToriginalRegarding vehicles under 3.5 tonnes, it has been caused by the impact of the end of the depreciation exception. The results for July and seven months, the historical comparisons...
read moreVolkswagen’s plant in Russia interrupted production due to fire
August 4, 2010 | 11:52pm CEToriginalThe Kaluga-based plant produces Skoda cars as well. According to the carmaker, it is a precautionary measure to protect workers...
read moreChina plans to invest over EUR 11 billion to support green cars by 2020
August 4, 2010 | 11:46pm CEToriginalThe money would be directed in particular to the development of green technologies. Other forms of sales of eco-friendly and low emission vehicles...
read moreCompetencies and duties of Martin Kofron in SkoFIN and CLFA to be taken over by his colleagues
August 4, 2010 | 03:46am CEToriginalIn CLFA it will be Jirina Tapsikova, in SkoFIN Tamara Janouskova and Ivana Hercova. Another direction of Kofron...
read moreSPL Recycling and Association of Glass prepared proposal for mandatory collection and recycling of automotive glass
August 4, 2010 | 03:37am CEToriginalThey plan to submit it to the new government. Possible schemes of the system, prepared amendment to the Waste Act, the EC legislation relating to the recyclability of vehicles...
read moreModel of Month: Fiat offers selected parts of Linea and Ducato at discount of up to 50% in Czech Rep by end of September
August 4, 2010 | 03:24am CEToriginalA basic discount per part amounts to 15%, with each additional part, the total purchased price is reduced by 5pp. Details of the action...
read moreStandard & Poor's raised rating on Ford Motor by two degrees
August 4, 2010 | 03:17am CEToriginalAt the same time the agency stated that further improvements in the evaluation are possible within the next 12 months. Rating details...
read moreCar sales in Germany down by 30% in July, exports up by 6%
August 4, 2010 | 03:03am CEToriginalHowever, the pace of the export growth slowed down compared to previous months. Strong exports should continue to compensate weak domestic demand, according to VDA...
read moreToyota Motor ignored problems of accelerating cars for years, according to action
August 4, 2010 | 02:51am CEToriginalProcess with the carmaker could cover 40 million customers in the U.S. if the action is granted collective status. Braking system...
read moreNissan preparing expansion in Czech Rep, personnel and dealer
August 3, 2010 | 05:30am CEToriginalIncrease of the market share should be supported by the return of Petr Ouska, the return to a higher number of dealerships and arrival of new managers...
read moreSuzuki to introduce its entry model Alto after 31 years also in Czech Rep
August 3, 2010 | 04:52am CEToriginalAlto has been sold in Europe for 29 years, in Slovakia as well. Drive, equipment, parameters, prices of the current generation Alto, sister model Nissan Pixo...
read moreLower Saxony does not intend to reduce its stake in Volkswagen
August 3, 2010 | 01:44am CEToriginalThe state, however, plans to sell shares above 20% in Volkswagen in the event that its stake rises as a result of the merger with Porsche...
read moreSkoda Octavia Edition CZ: Carmaker motivating customers in Czech Rep to choose modern engines TSI and TDI CR with discounts of up to CZK 85,000
August 3, 2010 | 01:29am CEToriginalAt the same time, an extra charge for the wagon fell by CZK 10,000. The Octavia 1.2 TSI (77 kW) can now be purchased at the cost of the 1.4 MPI (59 kW)...
read moreSales of passenger cars in China rose by 15.4% in July
August 3, 2010 | 01:15am CEToriginalSales dropped by 3.4% m/m though. Total sales of motor vehicles in China, including trucks and buses...
read moreCitroen extended Open Way offer until end of August and discounted three selected models
August 3, 2010 | 01:07am CEToriginalDiscounted packages for 35-63%, free navigation, service contract Citroen IdealDrive for commercial vehicles. Special prices...
read moreGeely completed takeover of Volvo Car, paid less
August 3, 2010 | 12:50am CEToriginalThe company paid the carmaker Ford USD 1.3 billion in cash and USD 200 million in the form of promissory note. Another payment...
read moreCCS: Fuel prices in Czech Rep dropped last week
August 3, 2010 | 12:12am CEToriginalPetrol Natural 95 discounted on average by 16 hellers and diesel by 11 hellers. In m/m and y/y comparison...
read moreVladimir Vosicky reinforced management of Hyundai Motor Czech
August 2, 2010 | 01:03am CEToriginalHe came to the new position of business director. Vosicky’s competencies and a change of competencies of president Kenny Lee...
read moreSPL Recycling innovated system of collection of windshields for recycling in Czech Rep
August 2, 2010 | 12:43am CEToriginalThose can now be deposited for recycling at Skoda dealers. In 2009, thanks to this the company increased volume of processed windshields by 90% to...
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Source: ECB, September 19, 2025