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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
Tatra reduced loss in 2009, by contrast carmaker itself deepened it
May 31, 2010 | 01:32am CEToriginalThe group’s revenues fell by 45% to CZK 4.3 billion. Detailed results of the Czech truck manufacturer...
read moreRussian Technologies wants to raise stake in AvtoVAZ by 15 percentage points
May 31, 2010 | 01:24am CEToriginalThe Russian state would thus dominate the carmaker with 40%, Renault intends to retain its 25% share. Sales plan for 2010...
read moreNew Audi dealer Autosalon Klokocka aims to sell up to 150 cars in 2010
May 28, 2010 | 04:11am CEToriginalIt has now opened the Audi Terminal for CZK 130 million in Prague. Plan for 2011, the loyalty program, shift to Shell oils, other brands...
read moreNew rules for car service and sale in EU: Changes in warranty validity, changes for multi-branded showrooms
May 28, 2010 | 03:46am CEToriginalAll measures should reduce the cost of carmakers and the price for customers in the service centres. Details of changes, including the validity...
read morePSA to produce low-cost cars, starting production of new entry-model in Spain
May 28, 2010 | 03:33am CEToriginalThe new model will be sold by the carmaker under brands Peugeot and Citroen. Primary target markets and the place of production...
read moreUniCredit Leasing started to cooperate with Suzuki brand in cars and motorcycles financing in Czech Rep
May 28, 2010 | 03:28am CEToriginalThe first offer of the Suzuki Finance is a zero increase of instalments from 40% down payment. It is the 13th cooperation with a carmaker on the Czech market...
read mores Autoleasing offers flood-stricken clients schedule of payments extension
May 28, 2010 | 03:16am CEToriginalThe refinancing of loan or lease is free of charge and the company will carry it out within an accelerated mode. However, this is conditioned by...
read moreInterest in new Opel Astra exceeded expectations, carmaker launching extra shifts in Gliwice-based plant
May 28, 2010 | 02:59am CEToriginalThe model’s registrations in Europe have increased by 54% over four months. The current number of orders is already approaching the planned sales for 2010...
read moreGE Money Auto: autoCredit with weekend stay attracts public; offer extended until July 31
May 28, 2010 | 02:46am CEToriginalOver 1,730 customers made use of the offer in two months, choosing especially hotels in the Czech Republic. The special offer has increased the number of visitors on websites...
read moreDirect Pojistovna created new post of commercial director with responsibility for sales channels
May 27, 2010 | 05:09am CEToriginalRoman Wojdyla, the former CFO, was appointed to the position. A new CFO has become...
read moreGreat advertising sites in Czech Rep introducing defence against used-car frauds
May 27, 2010 | 04:53am CEToriginalTipcars.com has a button for an announcement o any objectionable advertisement, Sauto.cz promises the same in summer and on its website there is a warning on how to detect frauds...
read moreNehodova sluzba accused Czech insurance companies of overcharging damage liability
May 27, 2010 | 04:34am CEToriginalThose are allegedly higher than in Germany but lower than in Austria. The difference between the selected insurance companies and benefits paid...
read moreErika Duchanova from UniCredit Leasing became new chairwoman of CLFA media committee
May 27, 2010 | 04:17am CEToriginalDuchanova has been a member of the media committee for several years. She has replaced Bela Jaskova in office, who…
read moreU.S. government increased number of potential deaths associated with unintended acceleration
May 27, 2010 | 04:04am CEToriginalIn the past 10 years, it might have been linked with 89 deaths compared with the earlier 52 reported. Since 2000, the NHTSA has received complaints amounting to...
read moreChinese carmaker Great Wall expands in Europe, seeking partners also in Czech Rep
May 26, 2010 | 03:32am CEToriginalGreat Wall has already addressed several dealers on the Czech market with an offer to sell its cars. Models, prices, sales plans, planned representations in Europe...
read moreVolkswagen to take over long-time supplier of development services Italdesign Giugiaro
May 26, 2010 | 03:14am CEToriginalThe German carmaker will obtain a share of 90.1% in the Italian company, the remaining 9.9% will remain in the possession of the current owner...
read moreToyota Motor to suspend Lexus LS sales for three weeks
May 26, 2010 | 03:01am CEToriginalDealers in the USA, Japan, China and Europe, are waiting for parts delivery required for the VGRS repair, because of which the carmaker organizes the recall action...
read moreDemand for green cars in Czech Rep still low, CNG not enforced strongly
May 26, 2010 | 02:50am CEToriginalThe Car Importers Association (SDA) is thus preparing a support system for green cars. Sales of individual models in 2009...
read moreU.S. preparing rules for fuel consumption and emissions for trucks as well
May 26, 2010 | 02:39am CEToriginalThat would refer to trucks manufactured since 2014 whereas the rules for passenger cars and light utility vehicles will be applied from 2012. Details of plans...
read moreLeasing market in Slovakia fell by 8% in Q1
May 26, 2010 | 12:31am CEToriginalWhile the consumer financing has decreased, companies recorded increase. Development in individual segments (cars, trucks, trailers/semitrailers, buses)...
read moreShiga (JAMA, Nissan): Japanese carmakers concerned about debt crisis in Europe
May 26, 2010 | 12:12am CEToriginalTheir export is now strongly influenced by decreasing rate of the euro against the yen. Changing perspective on the European market...
read moreEU ministers agreed to promote green cars
May 25, 2010 | 11:50pm CEToriginalHowever, some states are pushing solely to promote the production of electric vehicles. Positions of individual countries including the Czech Republic, estimates of the market development...
read moreCetelem became another financial partner of Kia Motors in Czech Rep
May 25, 2010 | 01:27am CEToriginalCetelem offers wholesale financing to dealers. The first partner from among dealers, initial menu...
read moreCar sales of Skoda rose by 3.5% in April, by 18.6% over four months
May 25, 2010 | 12:54am CEToriginalChina takes the largest share in that with sales growth by 31.4% in April and by 92.6% over four months. Demand in particular markets, for separate models...
read moreMercedes-Benz extended 'Free A-Class for One Year' special offer for GL in Czech Rep
May 25, 2010 | 12:32am CEToriginalAt the same, the carmaker has extended the action for the S model by the end of 2010. Parameters of both special offers, possibilities after 12 months including financing...
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