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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
TPCA reduces energy intensity of car production in Czech plant in Kolin
May 24, 2010 | 11:57pm CEToriginalSince 2005, energy consumption, drinking water consumption and waste production per one manufactured car have steadily been decreasing. Detailed info...
read moreCSOB Leasing offers customers affected by floods deferred repayments for up to 2 months
May 24, 2010 | 11:44pm CEToriginalDuring the payment holiday period the customers will pay insurance only. At the same time, the leasing company is prepared to waive payments in certain cases...
read moreCCS: Fuel slightly cheaper in Czech Rep, in Slovakia stagnating
May 24, 2010 | 11:29pm CEToriginalPetrol went down by 5 hellers on average at the Czech filling stations and diesel by 4 hellers. This week, the analysts expect...
read moreJohnson Controls aims to strengthen in China, planning to buy interiors and electronics production from Visteon
May 24, 2010 | 12:59am CEToriginalVisteon currently operates in the USA under a bankruptcy protection. For these assets Johnson Controls offers an amount of...
read moreToyota Motor aims to introduce first electric car by 2012, Tesla Motors to help
May 24, 2010 | 12:31am CEToriginalWhile Toyota gains though the cooperation a technology partner, regarding Tesla, it will be a capital one. The share acquisition in Tesla Motors by the company Toyota...
read moreSkoda Auto expects greater interest in new Fabia RS than in its predecessor
May 23, 2010 | 11:55pm CEToriginalThe increased demand should be promoted by the Combi version, new technologies such as XDS and DSG, but also the entry on other markets such as China. Prices, equipment, packages, extended warranty...
read moreOpel agreed with staff on restructuring, including labour cost reduction by EUR 265 million per year
May 23, 2010 | 11:39pm CEToriginalThe German carmaker has thus through the agreement eliminated an obstacle to receive a state aid, which will be discussed in...
read moreCar financing in Czech Rep fell by 6.7% in Q1, Toyota Financial Services and Arval being movers of the year
May 21, 2010 | 03:18am CEToriginalThere were also other companies growing, namely SkoFIN, UniCredit Leasing, Credium and ALD Automotive. Changes in the Top 10 ranking, changes in the volume of financing, the reasons...
read moreToyota convening 4,500 Lexus LS cars for inspection in Japan
May 21, 2010 | 02:58am CEToriginalThe reasons are the potential problems with a variable gear ratio steering (VGRS). The recall is likely to cover the European market as well...
read moreFurther legal actions against Porsche in US could jeopardize planned merger with Volkswagen
May 21, 2010 | 02:43am CEToriginalThe carmaker Porsche could pay USD 7 to 9 billion for alleged stock market manipulation in connection with an attempted takeover of Volkswagen...
read morePeugeot holds test rides with competition for 5008 MPV at selected dealers in Czech Rep by 2 July
May 21, 2010 | 02:35am CEToriginalDuring this period, customers can take advantage of an offer of a seven-seated version for the price of a five-seater, which represents a saving of CZK 16,000. Financing...
read moreExperts warn of possible offers of submerged cars after floods
May 21, 2010 | 02:24am CEToriginalLarge used car shops do not buy them out. For example, after floods in 1997, AAA Auto introduced a guarantee that the car being sold was not flooded...
read moreNew head of advertising and media for Citroen in Czech Rep Katerina Juranova
May 20, 2010 | 01:48am CEToriginalShe will replace Lenka Martinova in the office, who is going on maternity leave. Juranova has so far worked...
read moreBenet Automotive to concentrate production to new plant in Czech Rep and expand its activities with new production
May 20, 2010 | 01:22am CEToriginalThe Czech manufacturer of bumpers and spoilers for Skoda cars will move from Mlada Boleslav to Milovice. New project...
read moreCitroen Crazy Week: Week of extra discounts in Czech Rep for models C3, C4 and Berlingo
May 19, 2010 | 11:12pm CEToriginalThe allowance when using financing is valid until May 26, dealers to be open on the weekend as well. Discounts within the Happy Days also continue...
read moreForschner to build new plant in Czech Rep
May 19, 2010 | 12:54am CEToriginalThis is both because of the cost reduction as well as the new contracts from manufacturers of passenger, commercial vehicles and buses. The location, customers...
read moreYazaki to close one of two Slovak plants
May 19, 2010 | 12:43am CEToriginalOver 1,200 people will lose their jobs in Prievidza. Conversely, the company is increasing production capacity at the plant in Michalovce and will recruit additional staff...
read moreStephane Chauville became Nissan sales head for Central Europe
May 19, 2010 | 12:31am CEToriginalFormer Opel country manager for the Czech Republic and Slovakia will be responsible for Nissan's four countries. Its predecessor, Szymon Walusz...
read moreSmith and Avia to bring its electric truck Newton throughout Europe by 2012
May 19, 2010 | 12:15am CEToriginalThe company will present it to prospective customers in Central Europe at the commercial vehicles fair Brno Truck Show (Autotec Brno) in June...
read moreDirect Pojistovna extends its activities of insurance sales through partners, having launched Affiliate program
May 18, 2010 | 11:56pm CEToriginalIt rewards website owners for mediated calculations or negotiated insurance. The amount of reward, the actual number of partners...
read moreU.S. government not to ask local carmakers and suppliers to repay entire loans
May 18, 2010 | 11:40pm CEToriginalThe government will forgive 40% of the total volume of loans to the automotive industry. Chrysler has already repaid half the loan. Financial results of Chrysler and GM in Q1...
read moreGrowing customers’ interest in SUVs created new segment of B-SUV
May 18, 2010 | 01:05am CEToriginalSUVs have been the domain of C and D-segment so far. Between 2010 and 2011 the segment will be occupied by Nissan Juke, Mini Countryman, Peugeot 2008 and new models of Ford, Opel and Honda...
read moreBarum Continental: Volume of orders and production at pre-crisis level in Q1
May 18, 2010 | 12:30am CEToriginalThe company made a number of economy measures in 2009, reduced the number of workers, prices of raw materials are rising though. Last year the company increased profit along with a decline in revenues...
read moreVolkswagen increased sales by 11% in April, by 20.9% over four months
May 18, 2010 | 12:11am CEToriginalThe world market of passenger cars went up by 18.1% from January to April. Skoda Auto increased sales by 18.6 %, but much more in China and the Czech Republic...
read moreNo strike at Slovak Delphi plant, management of company agreed to salary increase
May 17, 2010 | 11:50pm CEToriginalThe company has agreed with unions on wage growth by 4.5% and an increase in compensation money in the event of dismissal. The average wage at Delphi in Slovakia...
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