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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
Autobond to expand its portfolio in Czech Rep with fifth brand
July 16, 2010 | 12:21am CEToriginalThe brand will be offered in the complex, which is currently being built in Plzen, together with Suzuki and Opel brands. The new brand, expected annual sales in Plzen...
read moreFord Motor confirmed retaining Volvo Car managers Stephen Odell and Stewart Rowley
July 15, 2010 | 11:58pm CEToriginalOdell will become the head of Ford of Europe, where he will replace John Fleming. Details of these and other personnel changes...
read moreCar sales in Europe fell by 6.2% in June, rose by 0.6% in H1
July 15, 2010 | 11:47pm CEToriginalThe highest drop in the major economies was recorded of Germany and Italy, as for the carmakers, Fiat, Ford and Toyota. Detailed results for June, a decrease of Skoda...
read moreSaab reduces wholesale distribution of cars, introduced Direct-Dealer concept in nine countries in Europe
July 15, 2010 | 04:14am CEToriginalDirect purchase of cars from the carmaker, reduction of national representations, the continuation of independent importers, extending of operations of the company Polar Mobil...
read moreAuton ceases operation in car sale and service
July 15, 2010 | 04:02am CEToriginalThe original owner of Skoda and Seat dealerships in Usti nad Labem sold the company. Intentions of new owner, current state of licenses in the city...
read moreDelphi’s Czech plant does not receive new contracts, employees expect production in Ceska Lipa to be ceased by 2013
July 15, 2010 | 03:46am CEToriginalDelphi Packard Electric has now dismissed a further 130 people and others will follow. Conversely, Johnson Control or Fehrer Bohemia are singing on new employees…
read moreVaclav Balek to leave Ceska pojistovna, reputedly to Allianz
July 15, 2010 | 03:38am CEToriginalSpokeswoman Pavla Pasekova left Allianz insurance company in late June. Tender, new Pasekova’s place of work...
read moreProduction of cars in Europe grew by 33.7% in Q1
July 15, 2010 | 03:28am CEToriginalHowever, compared to the pre-crisis year 2008 the production lags behind by 12.7%. Development in the LCV segment, trucks and buses; production in each country...
read moreRCI Financial Services became member of Solus register of defaulters
July 15, 2010 | 03:19am CEToriginalHowever, the number of members has not been increased since the companies s Autouver and s Autoleasing were merged in Q2. Current member base...
read moreKarlovy Vary Region proposes to alleviate conditions for operation of VTS
July 15, 2010 | 03:06am CEToriginalRevocation of licenses would be just for recidivism, a fine to CZK 500,000 for less serious offenses. Another proposal of the Ministry of Transport...
read moreIndia expects growth in car market in two-digit pace in 2010
July 15, 2010 | 02:51am CEToriginalNevertheless, the association SIAM expects an increase by 12-13%, analysts by 15% at least. Trucks and buses...
read moreMartin Kofron to leave SkoFIN after 14 years and thereby also management of CLFA
July 14, 2010 | 04:23am CEToriginalKofron is a proxy and the head of SkoFIN legal department as well as the chairman of CLFA. Reasons and date of his departure…
read morePGO Automobiles wants to strengthen sales in Central Europe, importer agreed with new partner
July 14, 2010 | 04:04am CEToriginalThis small-series manufacturer of retro cars takes a number of components from Czech suppliers. The previous and new partner, engines, prices, suppliers...
read moreEK: Buying new Peugeot, Renault, Fiat, VW and Ford cars abroad pays off
July 14, 2010 | 03:46am CEToriginalFor the most popular models of these brands the price difference between some EU member states can be even tens of percent. The average deviation, the most expensive and cheapest country...
read moreGM ceased production of Hummer cars, still looking for investor
July 14, 2010 | 01:25am CEToriginalIn Central Europe, there are still several stock cars. If the investor is found, a small model of Hummer H4 could get into the production…
read moreExpert: Future of retail car sales to be in large volumes
July 14, 2010 | 01:17am CEToriginalLarge sales volumes can only be realized by dealers with more branches and more brands. Extending service intervals, bankruptcies and acquisitions of dealers...
read moreCeska sporitelna merged subsidiaries engaged in auto financing
July 14, 2010 | 12:41am CEToriginalIt is the leasing company s Autoleasing and the loan company s Autouver. Details of the merger…
read moreRoland Berger: Czech automotive suppliers have potential to increase by one third by 2020
July 14, 2010 | 12:23am CEToriginalThe strong growth will occur mainly in the segment of the driving gear components, while a decrease can be expected in the segment of mechanical parts. Development in navigations...
read moreSales of Auto Esa up by 14% to 658 used cars in June
July 14, 2010 | 12:07am CEToriginalThis result imitates the development of the new-car market. The best-selling model is the Skoda Fabia, followed in the Top 10 by...
read moreIranian government sold 18% share in carmaker Iran Khodro
July 13, 2010 | 11:56pm CEToriginalThe Government still holds a 20% share in the company, which is a partner of Renault, Peugeot and Suzuki. The structure of the consortium of investors, the transaction value...
read moreMazda 50:50: One-year interest-free loan from Credium with two payments received damage liability for CZK 1 per month from July
July 13, 2010 | 11:47pm CEToriginalThis expanded menu has been prepared with Ceska pojistovna. Other conditions of this offer have been preserved…
read morePeugeot to produce next model with Malaysian carmaker NAZA from H2 2011
July 13, 2010 | 11:33pm CEToriginalIt will be a sedan, which will follow the already produced Peugeot 207. Planned volume of the production...
read moreCCS, Natankuj.sk: Fuel prices stagnated in Czech Rep and Slovakia last week
July 13, 2010 | 11:23pm CEToriginalThe difference between petrol and diesel thus amounts to CZK 1. Current prices and analysts' outlook for this week...
read morePekny (SDA, Kia): Sales of cars up to 3.5 tons to rise by maximum of 5% in Czech Rep in 2010
July 13, 2010 | 04:32am CEToriginalSDA secretary Pavel Tunkl has been still expecting an increase of 10%. View on the truck sales, prepared statistics of bodies...
read moreTatra wants to expand worldwide, considering assembly plants in Eastern Europe and Asia
July 13, 2010 | 04:14am CEToriginalThe company also sees potential in Brazil, Saudi Arabia, Canada or Australia. The considered sites, the possibility of individual markets, a shift to automatic gearboxes...
read more
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