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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
After real estates and subsidiaries, whole Tatra to be possibly pledged to banks
March 16, 2010 | 01:48am CEToriginalThis increased liability of banks for provided loans will be approved by the General Meeting at the end of March. Debts and the results of 2009...
read moreAuto-Staiger streamlines activities in Prague, closing Opel and Chevrolet showroomn in Konevova Street
March 16, 2010 | 01:34am CEToriginalThe company is therefore operating on a single place in Prague at the moment, namely in bigger premises in the Cernokostelecka Street...
read moreDer Spiegel: Volkswagen does not like that Jung made Skoda too good brand
March 16, 2010 | 01:29am CEToriginalSkoda cars reportedly compete with the VW brand; the same quality at lower price. Moreover, production in the Czech Republic is not so convenient any longer...
read moreWustenrot pojistovna increased premiums by 27.4% in 2009
March 16, 2010 | 01:15am CEToriginalThe insurance company, specializing in non-life insurance, increased the number of concluded contracts by 12.5% last year. The number of active contracts at the end of the year...
read morePorsche to hold spring maintenance check-up in Czech Rep by end of April
March 16, 2010 | 01:06am CEToriginalAt the same time, a Porsche owner can have air conditioning cleaned and filter replaced for a special price…
read moreNumber of car thefts in Slovakia fell by 7.8% in 2009, by 22.5% in Czech Rep
March 16, 2010 | 12:59am CEToriginalThe rate of clarified cases rose to more than 25% in Slovakia and reached 16% in the Czech Republic. Interest of thieves in particular brands...
read moreConsumers Defence Association: Consumer credit act has several shortcomings
March 16, 2010 | 12:46am CEToriginalThose are, for example, in the so-called arbitration clauses, according to SOS. The law apparently does not solve or protect the client from excessive indebtedness...
read moreBritain to provide loan guarantees for local division of General Motors
March 16, 2010 | 12:38am CEToriginalThe government will provide guarantees of EUR 290 million for Vauxhall, a British brand of the German carmaker Opel...
read moreVolume of loans provided by Cetelem fell by 28.7% in Czech Rep in 2009
March 16, 2010 | 12:23am CEToriginalHowever, the decline of financing of passenger cars and commercial vehicles was more dramatic—by 62.1%. Over 12% of clients borrowed to buy a car...
read moreCCS: Fuel prices in Czech Rep rising three weeks in a row, up in Slovakia as well
March 16, 2010 | 12:11am CEToriginalPetrol Natural 95 went up by 27 hellers on average, diesel by 11 hellers at the Czech petrol stations. This week’s development...
read moreTwo importers finalizing preparations for Isuzu pick-ups and medium-sized trucks entrance to Czech Rep
March 15, 2010 | 03:19am CEToriginalAt the same time, sales of pick-ups will also start in Slovakia, trucks will follow later. Prices, specifications, dealer network, brand finance...
read moreIndian electric car manufacturer Reva aims to build plant in Europe, Slovakia being considered
March 15, 2010 | 03:03am CEToriginalA capacity of the currently built plant in India, two models NXR and NXG, rental of the lead acid or Li-ion batteries, prices and dealer network in Europe...
read moreMatula (UniCredit Leasing): February and March show slight recovery in car segment
March 15, 2010 | 02:50am CEToriginalThe company expects growth in operating leases this year and wants to offer it to private individuals. It will deepen cooperation with the bank...
read moreSkoda Auto's operating profit fell by 64.1% in 2009, at revenues decline by 7.1%
March 15, 2010 | 02:34am CEToriginalThe carmaker’s sales fell by 11.9%, production by 1.2%. However, deliveries to customers rose by 1.4%, being caused by the Chinese market. Production of individual models...
read moreLouwman started Ford cars’ sale in Czech Rep, reopening this brand’s showroom in Pribram
March 15, 2010 | 02:13am CEToriginalIt is the first activity of the company Louwman regarding the Ford brand in Europe. The navigation to selected models for free, spring service action...
read moreOpel used non-standard marketing tool - web attacked by hacker in Czech Rep
March 15, 2010 | 01:58am CEToriginalIn this way, the company launched the action model Corsa 111 onto the market. The campaign increased traffic of the website Opel.cz instantly by...
read moreCSOB Pojistovna: Number of claims in non-life insurance increased by 5% in 2009
March 15, 2010 | 01:42am CEToriginalThe largest part has been created by damages from the motor insurance, namely 55%. The course of the number of claims corresponds with the statistics of insurance frauds...
read moreVolkswagen’s net profit down by 80.6% in 2009, at revenues decline by 7.6%
March 15, 2010 | 01:20am CEToriginalIn 2010, the carmaker expects a growth of sales, revenues and operating profit. The global market will grow slightly this year, to the level before the crisis it is going to get in…
read mores Autoleasing started to offer financial leasing with residual value
March 15, 2010 | 01:00am CEToriginalThe company is therefore responding to the decline in interest in finance leases. Advantages of the residual value and possibilities of product parameters’ choosing…
read moreFiat offers selected models with free air conditioning in Czech Rep, scrap bonus extended to end of March
March 15, 2010 | 12:47am CEToriginalThe scrap bonus of CZK 12,000 to CZK 50,000 can be applied to seven models. Panda, Punto, Linea and Bravo with an air conditioning included are available from…
read moreNumber of road accidents reported to Generali grew more slowly than amount of their losses in 2009
March 15, 2010 | 12:35am CEToriginalInsured losses of vehicles with a damage to and over CZK 100,000, the proportion of damage liability and accident insurance, results in different regions...
read moreSkoda Auto plans three extra Saturday shifts in production of models Superb, Yeti and Roomster in Q2
March 11, 2010 | 10:58pm CEToriginalThese are models produced at the Kvasiny plant. The Fabia model remains unchanged. Most contracts are now for the Superb Combi...
read moreAuto - Promato opened new showroom in Ceske Budejovice
March 11, 2010 | 10:25pm CEToriginalThe company moved the sale there from a different place in the city. The company offers new and used cars in particular of the brands Audi, BMW, Mercedes-Benz and Volkswagen…
read moreCredium concluded 11,779 new contracts in 2009, branded financing constituted 20% of contracts
March 11, 2010 | 10:00pm CEToriginalThe company, focusing on financing of vehicles, increased penetration of the Fiat Group brands. The structure of segments, financial products, customers, car brands...
read moreVolkswagen employees joined strike alert in Slovakia
March 11, 2010 | 09:47pm CEToriginalThey are reportedly asking for an increase of wages of 3.6%. By the strike alert, the unions also want to appeal on other employees in all regions...
read more
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