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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
Analysts: AAA Auto revenues fell by 56% in 2009 at car sales drop by 42%
March 29, 2010 | 12:51am CEToriginalThe company probably returned to profitability last year. In 18 years of its existence, AAA Auto sold 500,000 used cars...
read moreFiat wants to raise stake in Chrysler to 35% from 20% in two years
March 29, 2010 | 12:33am CEToriginalChrysler will start producing small efficient cars in 2010. Within five year, the Fiat 500 will be followed by...
read moreVolkswagen Slovakia to start producing in three shifts on Monday
March 28, 2010 | 11:58pm CEToriginalThere is currently the manufacture of Volkswagen Touareg and Porsche Cayenne second generation under way. The third shift will be provided by staff...
read moreGeely signed contract for purchase of Volvo Car with Ford Motor
March 28, 2010 | 11:42pm CEToriginalGeely have allegedly secured funding for the acquisition and operation; the brand will continue to operate separately. The planned Volvo factory in China...
read moreMitsubishi wants to make 9,000 i-MiEV electric cars this year and further increase production
March 28, 2010 | 11:35pm CEToriginalEstimated production in 2011 and 2012, present sales, market entry in the U.S., the expected decrease in prices of the electric car...
read morePrague used car dealer Auto Esa recorded higher interest from customers even in other regions
March 28, 2010 | 11:29pm CEToriginalThe demand from Western and Eastern Bohemia has risen most noticeably in January and February. It is caused by a shift of car business to the Internet and...
read moreTatra to move to full production from April again, to engage most of formerly redundant employees
March 28, 2010 | 11:15pm CEToriginalShareholders of the company decided to pledge company to credit banks, which demanded greater guarantees...
read moreVolkswagen so far managed to provide finance for new acquisitions to become world's largest carmaker
March 28, 2010 | 10:57pm CEToriginalThe current cash of the company, the value of planned acquisitions, raising capital by issue of new shares...
read moreToyota Motor plans production shutdown in Europe in April, May and June
March 28, 2010 | 10:48pm CEToriginalThe carmaker has been forced to do so due to weak demand caused by the scandal with car problems. The shutdowns are related to plants in France and Britain...
read moreSaab has resumed production in Sweden after seven weeks
March 28, 2010 | 10:38pm CEToriginalAt the same time, the carmaker started producing all-new 9-5 Sedan. Other models produced in Sweden and Mexico...
read moreTPCA not yet agreed with trade unions on new collective agreement
March 26, 2010 | 02:35am CEToriginalThe existing one expires at the end of March. Details of the negotiations and the expected number of employees and their wages in 2010...
read moreSkoda Auto still proposes wage growth in two phases
March 26, 2010 | 02:23am CEToriginalUnions want a one-time increase, a higher bid or the inflation clause. The carmaker argues due to low profit in 2009 and the need for new investments...
read moreFinancial Times, Nikkei: Daimler is close to agreement on partnership with Renault, but also with Nissan
March 26, 2010 | 01:49am CEToriginalThis will include the exchange of minority shares. Scope of cooperation, the amount of shares, the expected publication of cooperation...
read moreTriglav to offer its clients accident insurance for CZK 490/year from April
March 26, 2010 | 01:29am CEToriginalThe offer applies not only to clients having car insurance. The accident insurance covers only permanent implications. Validity of the action...
read moreHonda holds spring service action with series of discounts on parts, accessories and services in Czech Rep
March 25, 2010 | 11:20pm CEToriginalThe inspection after the winter costs CZK 99. Honda Assistance helpdesk is now for a special price CZK 99 for four months (summer)...
read moreNikkei: Toyota Motor wants to reduce production costs by EUR 800 million by 2012
March 25, 2010 | 10:51pm CEToriginalThe carmaker wants to achieve the aim by strengthening the use of the same components in various models. The carmaker plans reorganization of production in Japan...
read moreAAA Auto: People drive to car centres to sell their car less, they use mobile buyout more
March 25, 2010 | 10:38pm CEToriginalIn the Czech Republic the company bought out 4,802 right at customers’ homes last years, over 3,000 cars in the surroundings of Prague. The average price of a purchased car…
read moreBMW shifts to high-strength materials that are not welded but riveted and glued
March 25, 2010 | 01:44am CEToriginalNew demands on equipment of repairers, start of production of BMW 5 Series Touring, investment of the dealer Renocar in Brno into a new plumber shop, Audi’s shift to aluminium...
read moreFiat to possibly dismiss 5,000 people in Italian plants, to reduce number of models from 12 to 8 and increase production in Italy by 50%
March 25, 2010 | 12:58am CEToriginalThe situation in individual plants Termini Imerese in Sicily, Cassino, Mirafori in Turin and Pomigliano; department of the automobile division...
read morePeugeot: By getting through spring service inspection customer receives year-round 20% discount on regular car maintenance
March 25, 2010 | 12:37am CEToriginalAdditional discounts on original equipment, change of oil, tires, price of the inspection...
read moreTPCA increased revenues by 5.8% along with output growth by 2.5% in 2009, profits stagnated
March 24, 2010 | 11:50pm CEToriginalLast year, wages rose slightly as well as the number of employees. Scrap bonuses shuffled the order of the largest export markets. Development in 2010...
read moreSAIC to manufacture Roewe 350 cars in Britain
March 24, 2010 | 11:39pm CEToriginalThe production will take place in a factory of the bankrupt company MG Rover in Longbridge. In Europe, the model will be offered through...
read moreSpyker: Saab negotiating technology sharing with potential partners
March 24, 2010 | 11:29pm CEToriginalSaab will have to sell more than 100,000 cars a year to achieve a balanced economy. It intends to return to profit in 2012 and at that time to produce...
read moreHalfords leaving Czech Rep and Poland after three years, focusing on domestic market
March 23, 2010 | 10:32pm CEToriginalThe reason is unprofitability in Central Europe. Anyway, Halfords has opened its second establishment in Plzen still in December 2009...
read moreAuto-Exner became exclusive partner of Bugatti for Central and Eastern Europe
March 23, 2010 | 10:25pm CEToriginalThe company is now taking care of five Bugatti cars’ owners from the Czech Republic, Slovakia and Poland. The demonstration drive and sale will be arranged directly with the carmaker...
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Source: ECB, September 19, 2025