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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
Auto Motol Beni opened new Ford showroom in Orech near Prague
August 2, 2010 | 12:21am CEToriginalIt is the third showroom of the company. AMB Prague showroom will be the main business premises and will include the Transit Center. At the same time, the company redesigned website...
read moreToyota develops low-cost car for emerging markets
August 2, 2010 | 12:05am CEToriginalThe carmaker has a relatively small share in countries such as India, Brazil or China. Planned start of the sale, price...
read moreNissan appointed two country managers for Czech Republic and Slovakia
August 1, 2010 | 11:52pm CEToriginalSo far, it has been only one, i.e. Dominik Slusarczyk. Careers of both new country managers Petr Ouska and Vladimir Holik, a new position of Slusarczyk...
read moreChrysler not to close plant in Detroit, on the contrary to engage 900 new employees
August 1, 2010 | 11:46pm CEToriginalThe term of establishing a second shift, performance of the models Dodge Avenger facelift and Chrysler Sebring facelift...
read moreSkoda Auto increased operating profit by 40.6% in H1 with sales growth by 22.3%
July 30, 2010 | 12:58am CEToriginalProduction went up by 17.1%, sales by 14.9%, net profit by 74.2%. Management outlook for H2 and the full year 2010…
read moreSolaris preparing hybrid bus with serial drive and electric bus
July 30, 2010 | 12:46am CEToriginalIn autumn 2010 the company will start production of intercity buses. Dates of the hybrid and electric bus introduction, principal component suppliers...
read moreVolkswagen raised revenues by 21.9% in Q2, net profit multiplied
July 30, 2010 | 12:39am CEToriginalThe carmaker has seen a similar growth in the whole H1. Estimates of the analysts, view on the financial results for the full year 2010...
read moreToyota to recall 412,000 cars in U.S. to be repaired
July 29, 2010 | 05:56pm CEToriginalThe reasons are steering problems that led to at least three accidents. The measure relates to the models...
read moreChina approved takeover of Volvo Car by Chinese carmaker Geely
July 29, 2010 | 05:42pm CEToriginalThis is the final administrative step since the acquisition was approved by the European Commission in early July. Geely can start investing...
read moreIsuzu Motors to postpone entry of pickups to Slovakia in 2011, number of dealers in Czech Rep increased
July 29, 2010 | 01:25am CEToriginalPlans with the dealer network in both countries, sales plans for 2010 and 2011, results from the first dealer Autotip-servis...
read moreSteelworks preparing rice in prices for customers, their costs of raw material growing
July 29, 2010 | 01:14am CEToriginalIt is happening despite a decline in demand for steel due to completion of scrap bonus programs and declining consumption in China. Financial results of ArcelorMittal in Q2 and outlook for Q3…
read moreBorgers to buy plot with two halls in Rokycany
July 29, 2010 | 01:03am CEToriginalIts development company will revive a brownfield site there, for which the company will pay less than the estimated cost was due to the crisis...
read moreAutomobile insurance market down by 6% in H1, accident insurance more than damage liability
July 29, 2010 | 12:51am CEToriginalThe ratio between premiums and the number of contracts, according to CAP, suggests a revival of car sales, especially of those expensive. Detailed results of insurance companies...
read moreSOR Libchavy wants to increase bus production and sales by 15% in 2010
July 29, 2010 | 12:38am CEToriginalThe results of 2009, a hybrid bus, a prototype of electric bus, technical, operational and financial parameters, component suppliers...
read moreGreat Britain to support sales of electric car for year and half
July 29, 2010 | 12:24am CEToriginalWhen buying a car with electric drive, Britons will be able to obtain a bonus of up to GBP 5,000. For the program the government will earmark an amount lesser than for the scrap bonus...
read moreTatra introduced semi-automatic gearbox Norgren
July 29, 2010 | 12:13am CEToriginalThis allows manual or automatic shifting in five different modes. Technical and operational details...
read moreInsurance companies will apparently pay fire-fighters in Czech Rep for cleaning after accidents
July 28, 2010 | 11:49pm CEToriginalThe claim amount will be drawn from damage liability or from the guarantee fund of CKP. Initiation of the force, prices of liquidation works, one of the regions as an example...
read moreToyota increased production by 16% in June, by 47% in H1
July 28, 2010 | 11:36pm CEToriginalProduction was though subdued a year ago due to the global crisis. The data include the divisions of Hino Motors and Daihatsu Motor...
read moreAnother three people to leave Hyundai Motor Czech
July 28, 2010 | 12:38am CEToriginalOne of them is the sales director Jan Cervinka. His new position, the names of the other two managers, their careers...
read moreDamage liability fell by 5.9% in Czech Rep, accident insurance by 7% in H1
July 28, 2010 | 12:25am CEToriginalAccording to CAP, the ratio between written premiums and number of contracts suggests car sales recovery, especially of those more expensive...
read moreMitsubishi prepared service program Bonus+ for older cars in Czech Rep and Slovakia
July 28, 2010 | 12:18am CEToriginalDiscount on spare parts for cars from 5 years of age, alternative and recovered parts, extended warranty from CarGarant, helpdesk from Mondial Assistance, free online service...
read moreSAP: Age of fleet in Czech Rep worsened in all categories since 2000
July 27, 2010 | 11:50pm CEToriginalDuring 10 years, there have been added more than 1 million vehicles on Czech roads. Data in each category and individual brands...
read moreSkoFIN offers deferred payment or repayment for 6 months for VW commercial vehicles
July 27, 2010 | 11:39pm CEToriginalThe interest-free loan for 6 months called the VW Odklad (Deferment) is available for models Caddy, Transporter and Crafter at the advance payment from...
read moreNissan to invest EUR 460 million in production capacities in Mexico
July 27, 2010 | 11:26pm CEToriginalThe investment will be headed for the modernization of the Nissan factories in Mexico, where the carmaker plans to launch production of its three new small models...
read moreMVC Automotive Group to accelerate expansion in Czech Rep, taking over showroom in Orech from Auto Hase
July 27, 2010 | 12:38am CEToriginalThe subsidiary Auto Motol Beni will open there its third Ford showroom in Prague. The multi-brand complex, plans with other facilities...
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Source: ECB, September 19, 2025