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Centre for European Policy (CEP): Planned introduction of EU Emissions Trading Scheme for road transport and buildings (EU-ETS 2/ETS2) in 2027, despite political pressure for modification or postponement (18 Member States calling for cap on price of emission allowances for fuel and gas heating at EUR 45 per tonne of CO2 or other changes), is indispensable for effective and cost-efficient reductions in greenhouse gas (GHG) emissions, especially for heavy-duty vehicles (HDVs). Weakening emissions trading mechanism would jeopardise Europe’s decarbonisation pathway, but stronger market-neutral compensation mechanisms – such as reinforced Social Climate Fund – could contribute to its smooth implementation and fair transition. Expected CO2 price signal to help reduce Total Cost of Ownership (TCO) of zero-emission vehicles relative to fossil-fuelled alternatives. Study, citing Eurostat data, also pointed out that share of solid fossils (both lignite and hard coal) in residential final energy consumption in most EU countries in 2023 was less than 1%, but energy transition of residential sectors in Poland (20.61%), Czechia (6.67%), Ireland (2.87%) and Slovakia (1.28%) is in comparatively early stage
September 29, 2025 | 05:28pm CETflashread more
Electromobility Forum 2025: Hyundai Ioniq 9 Calligraphy, Hyundai Inster Premium, Kia EV4, MGS5 EV, Renault 5, Volkswagen ID.7 Tourer, BMW i5 Touring, Riddara RD6, Leapmotor T03, Xpeng G9, DAF XD Electric FAN, Mercedes-Benz eActros 600, Volvo FH Aero Electric, Mercedes-Benz eSprinter to join exhibition (October 1-2 in Prague, Czechia) of battery electric vehicles (BEVs) with possibility of test drives
September 26, 2025 | 11:54am CETflashread more
Trump’s tariffs, weak demand in Europe: Stellantis to suspend production in France (Poissy plant, 2,000 employees, DS 3 and Opel Mokka shutdown on October 13-31), Italy (Pomigliano factory, 3,800 employees, Fiat Panda shutdown on September 29 – October 6, Alfa Romeo Tonale shutdown on September 29 – October 10) for up to three weeks
September 26, 2025 | 11:48am CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 16% in August, penetration (share) down by 2.1 pp
September 26, 2025 | 11:39am CETflashread more
European Hydrogen Week 2025: European Commission (EC), Hydrogen Europe, Clean Hydrogen Partnership to hold conference, B2B forum, innovation forum, number of networking events on hydrogen trends, technologies, projects in Brussels, Belgium on September 29 – October 3. Representatives of BMW, Daimler Truck, ACME Cleantech, Air Liquide, Atmen, Electric Hydrogen, Enagas, Enertrag, Engie, H2Gen, HIF, Infinium, ITM Power, Johnson Matthey, Moeve/Cepsa, Motor Oil Group, Hellenic Hydrogen, PKN Orlen, Repsol, Rheinmetall, Robert Bosch, RWE Generation, Saarstahl, Shell, Siemens Energy, ThyssenKrupp Nucera, Topsoe, TotalEnergies, Turn2x, VTTI, Yara Clean Ammonia, Zaffra, BloombergNEF, Clean Hydrogen Partnership, DVGW (German Technical and Scientific Association for Gas and Water), EC (European Commission), EBRD, ENNOH (European Network of Network Operators for Hydrogen), EP (European Parliament), EUDCA (European Data Centre Association), Fraunhofer IW, GIZ, H2Global Stiftung, H2UB, Hydrogen Council, Hydrogen Europe, Hydrom, Indeloop, International Hydrogen Trade Forum, Mission Innovation, Namibia Green Hydrogen Programme, Solar Impulse Foundation, UNIDO (United Nations Industrial Development Organization), WaterstofNet to speak at events
September 25, 2025 | 05:25pm CETflashread more
Science Based Targets initiative (SBTi): Since 2015, total of 11,601 companies set targets or commitments (8,955 with validated targets, 2,128 with net-zero targets, 2,844 with active commitments) to limit global warming and achieve net-zero greenhouse gas (GHG, carbon/CO2) emissions by no later than 2050 (in line with Paris Agreement’s goal), of which 18 are from Tires sector (Bridgestone, Brisa Bridgestone Sabancı Tire, CEAT, Guizhou Tyre, Hankook Tire & Technology, Kraiburg Austria, Kumho Tire, Michelin, Nexen Tire, Nokian Tyres, Pirelli, Ralf Bohle/Schwalbe, Sailun, Goodyear Tire & Rubber, Yokohama Rubber, Toyo Tire, Vaculug), as results from summary of initiative co-founded by partner organizations CDP (Carbon Disclosure Project), UN (United Nations Global Compact), We Mean Business Coalization, WRI (World Resources Institute) and WWF (World Wide Fund for Nature)
September 25, 2025 | 05:12pm CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) up by 36.6% to 243,618 units (159,746 BEVs, +27%; 83,872 PHEVs, +59%) in August, representing 30.8% share in total registrations (penetration, +7.1 pp), which exceeded 30% for first time. Tesla Model Y (8,330 cars, -37%) was best-selling battery electric vehicle (BEV), followed by Škoda Elroq (6,450, new), Tesla Model 3 (6,382, +15%), BMW iX1 (5,260, +42%), Volkswagen ID.3 (5,253, +52%), VW ID.4 (4,963, +22%), Kia EV3 (4,519, new), Škoda Enyaq (4,410, -18%), Renault 5 (4,175, new) and VW ID.7 (3,981, +42%). Overall BEV market led by Volkswagen (16,523, +45%), Tesla (14,753, -23%), BMW (13,018, +7%), Škoda (11,536, +86%), Audi (9,744, +54%), Hyundai (8,739, +90%), Mercedes (8,429, +7%), Renault (7,799, +88%), BYD (7,109, +114%) and Kia (6,717, +51%)
September 25, 2025 | 05:02pm CETflashread more
Cyber attack: Jaguar Land Rover (JLR; plants in UK, Slovakia, China, India, Brazil) extended production shutdown until October 1. Carmaker is working with cybersecurity specialists, UK's National Cyber Security Centre (NCSC), law enforcement to ensure operations are resumed. Company provided no details on nature of attack, but it is presumed to be ransomware assault (attack on computer systems with malicious software that blocks access to data). JLR also reportedly lost track of 40,000 newly manufactured cars and dealers have also been affected (vehicle registrations, spare parts ordering, diagnostic software)
September 24, 2025 | 11:42am CETflashread more
Smart Production – Digitalizing Automotive Manufacturing 2025: Automotive Circle (Vincentz Network) to hold conference on digitalization of vehicle production in Bad Nauheim, Germany on September 30 – October 1. Representatives of Mercedes-Benz, Renault Group, Ford-Werke, Volvo Car, Divis Intelligent Solutions, Taktiq, Ailoys, IMK Industrial Intelligence, Bosch Rexroth, EDAG Production Solutions, Avery Dennison Smartrac, EM Engineering Methods, Boston Dynamics, GE Vernova, Palladyne AI, PickNik, Fraunhofer IGD to speak at event
September 24, 2025 | 11:30am CETflashread more
JATO Dynamics: Volkswagen T-Roc (14,693 registered vehicles, +14%; xEV 0%) was best-selling car in Europe (28 countries) in August, followed by Dacia Sandero (13,834, -11%; xEV 0%), Toyota Yaris Cross (12,201, -8%; HEV 100%), VW Tiguan (12,094, +23%; MHEV+PHEV 68%), Renault Clio (12,091, -1%; HEV 30%), Hyundai Tucson (11,350, +28%; MHEV+HEV+PHEV 89%), Dacia Duster (9,813, -16%; MHEV+HEV 64%), Toyota Yaris (9,666, -6%; HEV 99%), Opel/Vauxhall Corsa (9,585, +2%; MHEV+BEV 21%) and VW Golf (9,444, -2%; MHEV+PHEV 46%). Overall market up by 5% to 790,177, led by Volkswagen Group (217,320, +5%; MHEV+PHEV+BEV 46%), Stellantis (106,412, +3%; MHEV+PHEV+BEV 62%), Renault Group (74,762, +8%; MHEV+HEV+PHEV+BEV 53%), Hyundai-Kia (69,490, +4%; MHEV+HEV+PHEV+BEV 61%), BMW Group (62,384, +14%; MHEV+PHEV+BEV 81%), Toyota (59,006, -2%; HEV+PHEV+BEV 87%), Mercedes-Benz Cars (45,601, -1%; MHEV+PHEV+BEV 80%), Ford (30,504, +5%; MHEV+HEV+PHEV+BEV 74%), Geely Group (19,966, -13%; MHEV+PHEV+BEV 98%) and SAIC Group (15,988, +45%; HEV+PHEV+BEV 75%)
September 24, 2025 | 11:22am CETflashread more
Electromobility Forum 2025: Economia, Leef Technologies to hold 8th conference on present, future of e-mobility in Prague, Czechia on October 1-2 with exhibition of BEVs, charging technologies, services. Representatives of Volkswagen, Hyundai, Kia, AutoBinck/MG, Onvo/Nio, BattSwap, MAN, Škoda Group, DAF, Daimler Truck, Volvo Group, Aures Holdings, Drivalia Lease, Arval, EIB (European Investment Bank), Orlen Unipetrol, PRE (Pražská energetika), ČEZ, E.ON Drive Infrastructure, Enefit, Chargee eMobility, Hubject, DKV Mobility, Last Mile Solutions, Irdeto, Bosch Powertrain, Valeo, Ekoenergetyka, CEDA Maps, Amazon, C.S.Cargo, Hral, Wolt, Dunne Insights, AutoSAP, Czech E-mobility Platform, E-Mobility Europe, ČESMAD Bohemia, Aku-Bat CZ, SFŽP (State Environmental Fund of Czech Republic), Czech ministries (MPO, MŽP, MD) to speak at event. Leasing České spořitelny, Emil Frey/Leapmotor, Renault, Porsche Holding/VW, Hedin/Xpeng, Innogy, Elexim/MyBox, eJoin, Autel, Onsemi, Carporio, Cummins, Frankensolar, Riddara became partners
September 23, 2025 | 11:50am CETflashread more
OMV fired executive on suspicion of spying for Russia. Long-time OMV manager (who had been temporarily seconded to Abu Dhabi National Oil Company/ADNOC in United Arab Emirates/UAE, which owns 25% stake in OMV) had contacts in Vienna, Austria with Russian diplomat suspected by Western intelligence services of being agent of Russian intelligence service FSB
September 23, 2025 | 11:44am CETflashread more
Cyber attack: Jaguar Land Rover (JLR) aims to resume production on September 24. However, industry sources warn that full recovery may not occur until November. Carmaker is losing estimated GBP 50 million (GBP 5-10 million/day) in production each week due to outage, with daily output of around 1,000 cars. In addition, concerns are growing about negative impact of shutdown on supply chain, with speculation that some suppliers could go bankrupt
September 22, 2025 | 03:47pm CETflashread more
Usage in the company
Avia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreLouwman began to sell Lexus cars in Czech Rep, opening showroom in Prague 5
September 13, 2009 | 08:31pm CEToriginalThe new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…
read moreGeneral Motors to sell majority share in Opel to consortium Magna/Sberbank
September 11, 2009 | 09:48am CEToriginalMagna and Sberbank will acquire a 55% share, Opel employees 10% share and 35% will remain to GM. Magna foresees a strong growth of Opel, especially in...
read moreHyundai to start building its third factory in China in early 2010
September 10, 2009 | 04:27pm CEToriginalHyundai has an annual production capacity of 600,000 cars in China at present, planning to sell 500,000 cars there this year. The new plant will increase capacity to...
read moreCars sold on Czech market became after a month cheaper again in August
September 10, 2009 | 03:40pm CEToriginalIn July, there has been a only year's growth in car prices. In August, new cars’ prices as well as used cars’ prices fell in the m/m comparison. Motorcycles, servicing and spare parts...
read moreChinese carmaker Geely interested in takeover of passenger cars manufacturer Volvo Car
September 10, 2009 | 12:10pm CEToriginalHowever, it is clear from the statement of the Geely Automotive CEO that Ford is not offering to sell Volvo now...
read moreCar sales in Russia slackened drop to 54% in August
September 10, 2009 | 11:37am CEToriginalThe decline reached 58% in July. For the first eight months, the car demand drop in Russia has knocked the local sale by...
read moreScrap bonus got green light in Czech Rep; the House of Commons outvoted President’s veto
September 10, 2009 | 10:43am CEToriginalExactly 101 members have been voting for the law, which was the minimum of votes needed. If the government launches the scrap bonus, it will be valid to...
read moreCSOB Leasing: Businessmen using short financial leasing
September 9, 2009 | 10:39pm CEToriginalFor a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...
read moreMann+Hummel’s turnover to fall by 5% in Czech Rep in 2009, possibly increasing again in 2010
September 9, 2009 | 07:58pm CEToriginalThe company has now enrolled 30 people for the filters’ production in Nova Ves. Constantly enhancing aftermarket and new projects should increase the turnover in 2010 to...
read morePassenger car sales in China rose by 90% in August, by 29% since beginning of year
September 9, 2009 | 04:19pm CEToriginalOverall, it has been sold 8.33 million vehicles for the first eight months. China has therefore kept leading before United States, where the sale reached...
read moreRobertson: BMW sales might return to growth in coming months
September 9, 2009 | 12:50pm CEToriginalFor the whole year, the carmaker is however expecting drop. The sale’s fall of the carmakers BMW and Audi was lower than 10 % in August, namely...
read moreToyota sees revival of global car sales
September 9, 2009 | 11:10am CEToriginalTherefore, the company will employ 800 agency staff in Japan, who will increase the number of employees to more than 2,000. Most of them will join the plant which manufactures...
read moreNew car sales in Britain increased by 6% due to scrap bonus in August
September 8, 2009 | 10:08pm CEToriginalIt was a second growth in two months. Ford Focus became the best selling car in August. It has been followed by another Ford model…
read moreSuzuki to build new plant in India replacing another outdated factory
September 8, 2009 | 08:40pm CEToriginalThe new plant will have production capacity around 250,000 cars per year; the overall capacity of the carmaker in India…
read moreVolkswagen to increase welding and assembly halls’ capacity due to upcoming model Up! in Bratislava
September 8, 2009 | 11:45am CEToriginalThis might increase the plant’s production capacity to 400,000 cars by 2012. Welding shop capacity is going to increase this year already...
read moreFrance to provide scrap bonus next year as well, lower though
September 8, 2009 | 10:58am CEToriginalEcological bonus of EUR 200 to 700 for purchase of environmentally friendly cars will be offered after 2010 as well. Since January 1, 2010, scrap bonuses will be lowered to…
read moreOpel and Chevrolet brands to separate in GM, whatever happens to German carmaker
September 7, 2009 | 11:45pm CEToriginalOpel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...
read moreFormer Opel and Chevrolet showroom in Svitavy to be auctioned for second time in October
September 7, 2009 | 11:19pm CEToriginalThe first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...
read moreDeripaska: Russian carmaker GAZ has no interest in Opel share
September 7, 2009 | 10:35pm CEToriginalThere were information last week that GM is not going to sell its German division in order to prevent Opel technology falling into the Russian hands. However, GAZ offers...
read moreCitroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September
September 7, 2009 | 08:57pm CEToriginalWhen using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
read moreCCS: Fuel in Czech Rep slightly cheapened last week
September 7, 2009 | 08:11pm CEToriginalThe difference between petrol and diesel is still around CZK 2. According to analysts, prices at petrol stations are going to decrease during the following days, while...
read moreSkoda Auto plans Fabia’s production slump and dismissals
September 7, 2009 | 03:47pm CEToriginalThe production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...
read moreGeneral Motors to restore production in Venezuela after three months
September 7, 2009 | 02:51pm CEToriginalThe government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...
read moreRenault began offering secondary manufactured spare parts called Motrio for older cars
September 7, 2009 | 12:59pm CEToriginalWhile maintaining the Renault quality standards, the owner of an older car may significant save the service expenses. Renault also offers remanufactured parts...
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Source: ECB, October 28, 2025