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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
SAP: Trade unions demand increase in wages by 5% in 2010, companies considering maximum of 1.5%
February 28, 2010 | 11:46pm CEToriginalSalary growth reached only 0.7% in 2009. The current wage situation in the carmakers Skoda Auto, TPCA, Hyundai Motor Manufacturing Czech and Tatra...
read moreDealers in Czech Rep: Skoda Superb Combi is successful, interest to further grow
February 28, 2010 | 11:37pm CEToriginalDealers are not much aware of the facelifted models Fabia and Roomster, details are expected in mid-March...
read moreCSOB Pojistovna: Risk of traffic accident up the most in Usti Region in 2009
February 28, 2010 | 11:18pm CEToriginalOut of the high-risk districts, Prague-West and Brno bettered; low-risk districts were also better. Total Czech Republic average in 2009...
read moreConsumer Defence Association: Importers of used cars to Czech Rep reduce speedometer reading by half
February 28, 2010 | 11:11pm CEToriginalSOS compared the offer on the German advertising server Mobile.de to the offer on the Czech Sauto.cz. The result...
read moreSales of commercial vehicles in Europe decreased by 12.3% in January
February 28, 2010 | 10:59pm CEToriginalThe sale is therefore showing a fall for 21 months in a row already. The market of commercial vehicles is now showing signs of stabilization, but...
read moreCredium: Credit card for motorists acquired by 10,000 customers in two years’ time
February 28, 2010 | 10:31pm CEToriginalCredium is extending the benefits and loyalty card program, cooperating with companies EuroOil, Defend, ACA, Sixt, Czechocar, Molpir or GPD Service Team...
read moreCongress in Toyota case: National Highway Traffic Safety Administration reacted slowly, enrolling additional staff
February 28, 2010 | 09:56pm CEToriginalToyota Motor acknowledged that because of the hunt for a position of the biggest carmaker, it neglected other important things...
read moreChina did not allow Sichuan Tengzhong to buy carmaker Hummer, GM to terminate its activities
February 26, 2010 | 02:27am CEToriginalHowever, GM has promised continued warranty validity for the Hummer vehicles and the availability of spare parts...
read moreDomansky extended portfolio of offered brands, opening Volkswagen showroom in Zdiby
February 26, 2010 | 02:14am CEToriginalIt is a first subcontractor’s activity of the company. Volkswagen became the fourth brand in the portfolio, replacing...
read moreEC launched antitrust investigation of manufacturers of electronic components for cars
February 25, 2010 | 11:48pm CEToriginalThe EC has already carried out unannounced inspections in several companies. The investigation focuses on systems...
read moreJapanese carmakers Suzuki, Nissan and Daihatsu recall over 550,000 cars for possible defects
February 25, 2010 | 11:22pm CEToriginalThe control action primarily applies to the Japanese market. However, Nissan will convene 2,281 cars abroad due to possibly defective engines...
read moreFBI conducted raids in three Japanese automotive suppliers, Toyota having share in two of them
February 25, 2010 | 11:02pm CEToriginalThe reason is possible cartel behaviour; the investigation is being coordinated with the European regulatory authorities. It is a company Denso, Tokai Rika and Yazaki...
read moreFort (Hyundai): We aim to move one brand forward every year and to become leader among Czech importers in 2012
February 24, 2010 | 10:14pm CEToriginalIn 2010, Hyundai plans to increase sales by a third and market share by 2 percentage points. This year, the entire Czech market should fall by...
read moreUS franchise network of service shops Precision Tune Auto Care intends to enter Czech Rep
February 24, 2010 | 09:54pm CEToriginalIt will be the third country in Europe after Portugal and Spain. The company is now looking for a partner for licensing in the Czech Republic. Plans and conditions...
read moreSpyker Cars completed purchase of Saab from General Motors
February 24, 2010 | 09:39pm CEToriginalAt the same time Saab applied to end liquidation process. Saab and Spyker will operate under the parent company Spyker Cars NV. For shareholders in Spyker this means…
read moreInsurance companies attract motorists to various additional insurance free of charge
February 24, 2010 | 09:24pm CEToriginalFor example, additional insurance for conflict with game, ladies handbags, accident, windscreen, personal things, motorcycle or truck, natural disaster, or weather information...
read moreHyundai to recall 47,300 of Sonata new generation to repair
February 24, 2010 | 09:15pm CEToriginalThe model is still produced and sold only in Korea and the USA. The reason are problems with the door lock. In individual markets...
read moreCSOB Leasing concluded 600 contracts on short financial leasing for CZK 450 million so far
February 24, 2010 | 09:06pm CEToriginalThe company has reached this objective over seven months. However, the government exception is about to expire…
read moreData of Opel losses in Germany reportedly reduce state aid’s expectations
February 24, 2010 | 08:42pm CEToriginalGerman activities of Opel were loss-making in 2007 and 2008, and therefore, the company might not have to meet the criteria for state aid...
read moreHyundai in Europe: Four new models in 2010, even six in 2011
February 24, 2010 | 01:21am CEToriginalThis year, it will be after ix35 a Santa Fe facelift, a car of the B-MPV segment and Genesis Coupe. Next year, the new Elantra, Matrix and Sonata, which will get an estate version...
read moreSkoda Fabia and Roomster facelift: Production and sale from April, orders to begin in March
February 24, 2010 | 12:34am CEToriginalThe 1.2 TSI engine from Mlada Boleslav was added to the well-established petrol engines; regarding diesel engines, the pump-nozzle system has been replaced by common rail...
read moreSAP: Number of workers in Czech automotive industry down by 14,000 people in 2009
February 24, 2010 | 12:15am CEToriginalThe decline in the number of staff almost exclusively occurred in H1. However, the average wage rose by...
read moreU.S. prosecutor’s office launched criminal investigation of Toyota
February 23, 2010 | 11:44pm CEToriginalThe U.S Securities and Exchange Commission (SEC) is also investigating what information the company provided to investors...
read moreRenault Laguna: Discount of up to CZK 120,000 and extended warranty for 5 years witn funding
February 23, 2010 | 11:19pm CEToriginalDiscounts up to CZK 50,000, extended warranty free or financing with 0% interest can be still acquired for other Renault and Dacia models. Laguna is now starting at...
read moreLabor inspectorate revealed a number of serious shortcomings in Czech plant of Hyundai
February 23, 2010 | 11:04pm CEToriginalThe plant is facing administrative proceedings and a fine up to CZK 2 million for violation of the Labor Code. The irregularity refers to mandating overtime but also…
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