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Business Lease (AutoBinck Group) to sell branches in Czechia, Slovakia to ČSOB Leasing (KBC Group) for EUR 72 million. Transaction is subject to approval by relevant antitrust authorities and is expected to close in Q1 2026. Merger to create player with portfolio of 25,000 vehicles in operating leasing (CZ: 15,000, SK: 10,000). Allen Overy Shearman Sterling/A&O Shearman and ING Bank advised seller, Baker McKenzie advised buyer. AutoBinck indicated that after Netherlands (Terberg Business Lease Group to Arval in 2022), Czechia and Slovakia, it intends to sell leasing companies in other countries (Poland, Hungary, Romania). Amid rapid market consolidation, partnering with larger players offers best path for future growth. Sale of Czech and Slovak operations to KBC marks first step in that direction, Weijers said
November 4, 2025 | 07:55am CETflashread more
SMMT: Vehicle production in UK down by 35.9% y/y to 54,319 in September, of which 51,090 cars (-27.1%, due to cyber incident at Jaguar Land Rover) and 3,229 commercial vehicles (-77.9%; buses, coaches, vans, trucks, taxis). Manufacturing down by 15.2% to 582,250 in Q1-3, of which 543,099 cars (-8.4%) and 39,151 commercial vehicles (-58.1%)
November 4, 2025 | 07:49am CETflashread more
Battery Systems 2025: Automotive Circle (Vincentz Network) to hold conference on electric/electrified vehicle batteries in Bad Nauheim, Germany on November 4-5. Representatives of General Motors/GM, Stellantis, Virtual Vehicle Research, EDAG Engineering, Constellium, Speira, Kautex Textron, Nemak, Novelis, Trumpf Laser- und Systemtechnik, BLS Lasertechnology, Drei Bond, Vitronic Machine Vision, Benteler Automotive Components, ArcelorMittal Global R&D, Blackbird Robotersysteme, Automation W+R, Eines Vision Systems, FFT Produktionssystem to speak at event
November 4, 2025 | 07:39am CETflashread more
ČSÚ: Car prices in Czechia down by 0.6% m/m in September, up by 0.8% y/y (new: +0.1% m/m, +1% y/y; used: -1%, +0.8%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.5%, +3.7%), spare parts and accessories (+0.4%, +0.5%), fuels and oils (-0.7%, -3.6%), maintenance and repairs / service works (+0.3%, +5.2%)
November 4, 2025 | 07:34am CETflashread more
AutoSAP: 27,074 (passenger) electric vehicles produced in Czechia in September and 210,789 in Q1-3 (+97.3%; 21,361 and 162,547 battery electric vehicles, +102.7%; 5,713 and 48,242 plug-in hybrids, +81.1%), of which 27,044 and 210,506 cars (+97.2%; Škoda: 19,728 and 136,659 BEVs, +150.2%, 3,084 and 22,172 PHEVs, +122%; Hyundai: 1,603 and 25,605 BEVs, +0.4%, 2,629 and 26,070 PHEVs, +56.5%) and 30 and 283 buses (SOR: 5 and 36 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 25 and 247 BEVs)
November 4, 2025 | 07:29am CETflashread more
Storage area (three halls of 1,200 sqm, 1,720 sqm and 988 sqm, administrative building) of Compass CZ (distributor of car accessories, tools, outdoor equipment in Nehvizdy near Prague, Czechia) hit by fire on October 22, causing damage estimated at CZK 80-120 million (EUR 3.3-4.9 million). One firefighter slightly injured. As result of fire, part of warehouse inventory was destroyed, but complete range of Compass car accessories remained intact. Company plans to resume shipping goods within few days. Based on investigation, it was found that cause of fire was incorrect handling of storage equipment, which was provided by external company at time, Kumhera said
November 3, 2025 | 07:57am CETflashread more
Electric vehicle drivers consumed 625 MWh of electricity (-5% m/m; Prague: 19% share, South Moravian Region: 16%, Vysočina Region: 14%, other regions: 51%) during 26,000 recharges (-9% m/m) in E.ON Drive public charging network in Czechia in September, 5,028 MWh (+110% y/y) during 215,000 recharges (+91% y/y) at 678 charging points at 330 stations in Q1-3. September month-on-month decline is due to decrease in summer vacation trips, Klíma mentioned
November 3, 2025 | 07:53am CETflashread more
ACEA: New commercial vehicle registrations in EU mostly fell in Q1-3 (vans -8.2% to 1.07 million; trucks -9.8% to 225,483; buses+coaches +3.6% to 28,417), individual fuel/power types successful differently (BEV+PHEV: +62.7%, +64.9%, +49.1%; HEV+MHEV: +15.1%, -42%, -32.7%; FCEV+NGV+LPG+biofuel/ethanol: -45%, -6.1%, -11.7%; petrol: -29.6%, -38.9%, 0 units; diesel: -11.4%, -11.5%, -0.1%)
November 3, 2025 | 07:48am CETflashread more
CEE Automotive Supply Chain 2025: AutoSAP, ZAP to hold 8th conference on supply chain in automotive industry in Central and Eastern Europe with matchmaking day in Olomouc, Czechia on November 4-5. Representatives of Škoda Auto, Toyota Motor Manufacturing Czech Republic, Hyundai Motor Manufacturing Czech, Iveco Czech Republic, Kia Slovakia, Digiteq Automotive, JTEKT, Schaeffler Czech Republic, Snop Automotive Malacky, Yanfeng Automotive Interiors Námestovo, ČSOB, EP (European Parliament) to speak at conference, representatives of Jaguar Land Rover, Bosch, Brose, Coba Automotive, DH Autolead, Gumotex, Ecseri, Esnasa, Forvia Hella, Intercable, Motokom Slovakia/GMD Group, Motorpal, Plastika, Reutter, Scherdel, Strojmetal Aluminium Forging, Tawesco/Promet Group, Toyota Tsusho, TÜV Süd to join event
November 3, 2025 | 07:40am CETflashread more
AutoSAP: Car production in Czechia up by 9.9% y/y to 135,983 in September, down by 0.7% to 1.09 million in Q1-3 (Škoda+SEAT/Cupra +26.9%, +4.8% to 705,393; Hyundai -31.9%, -15.6% to 213,975; Toyota +7.7%, -0.4% to 170,048). Buses (Iveco +70.3%, +29.7% to 3,798; SOR +311.1%, +11.4% to 294; Škoda Electric 0 units, 0 units), motorcycles (Jawa +2.4%, -31.1% to 567), trucks (Tatra n/a, -22.1% to 873), trailers (Agados n/a, -4.9% to 11,773; Schwarzmüller n/a, +5% to 1,218; Panav n/a, -3.6% to 373) successful differently. Crossing one million vehicle production mark and second strongest month in terms of production this year is clearly success for Czech automotive industry in current situation and traditionally good news for domestic economy. In case of Škoda Auto, it is even managing to break 130-year record in vehicle production at Czech plants, when limit of 4,000 vehicles produced per day was broken, Jahn said. Electric car production increased by 55.2% to 27,044 BEVs and PHEVs in September (+97.2% to 210,506 in Q1-3), while internal combustion engine (ICE) car manufacturing raised by 2.5% to 108,939 units (-11.3% to 878,910)
November 3, 2025 | 07:35am CETflashread more
PwC increased 2025 Czech new car registrations forecast from 225,000-240,000 (-3% to +4%, 2024: 231,600) to 240,000-245,000 units (+4% to +6%), based on development to date (Q1: +3.6%, Q2: +2.2%, Q3: +13.3%). Czech car market to almost reach sales level of 2019 (249,915) this year. This is excellent result in turbulent times, Razim said
October 30, 2025 | 07:57am CETflashread more
GlobalData: Global new light vehicle sales up by 6.9% to 8.07 million in September, by 5.1% to 67.13 million in Q1-3 (Western Europe +9% to 1.27 million, -0.2% to 10.05 million; Eastern Europe including Turkey and Russia +6.9% to 398,598, -1.9% to 3.29 million)
October 30, 2025 | 07:53am CETflashread more
ACEA: New car registrations in EU up by 10% in September, by 0.9% to 8.06 million in Q1-3 (Volkswagen +11.1%, +4.8%; Stellantis +10.5%, -7.2%; Renault +14.4%, +6.6%; Toyota +6.2%, -5.1%; Hyundai +0.3%, -4.5%; BMW -2.8%, +6%; Mercedes-Benz +4.8%, +2%; Ford -6.7%, -1.4%; Volvo Cars -1.9%, -16%; SAIC +79.2%, +37.3%; Nissan +19.8%, -0.5%; Suzuki -1.7%, -14.2%; Tesla -18.6%, -38.7%; Mazda -3%, -17.8%; BYD +272.1%, +248.1%; Jaguar Land Rover -23.2%, -13.8%; Mitsubishi -24.4%, -24.4%; Honda +28.4%, +9.6%), individual fuel/power types successful differently (BEV +20%, +24.1%; PHEV +65.4%, +31.1%; HEV+MHEV +15.9%, +16.4%; FCEV+NGV/CNG+LPG+biofuel/ethanol +21.6%, +4.9%; petrol -7.8%, -18.7%; diesel -14.3%, -24.7%)
October 30, 2025 | 07:49am CETflashread more
Operating Sphere
Automotive Industry Association improved car production outlook in Slovakia in 2010
April 21, 2010 | 11:43pm CEToriginalThe production increased by 40% in Q1, all carmakers were doing well. Effects on the production of Kia Motors Slovakia, PSA Trnava, and Volkswagen Slovakia...
read moreGM paid loans from governments of USA and Canada in advance
April 21, 2010 | 11:20pm CEToriginalIt has therefore prepared space for the reduction of government shares through public share offering, which could be implemented already in...
read moreAvia to increase production and sales several times in 2010, sales rose twice in Q1
April 21, 2010 | 02:56am CEToriginalMost of the production will go to new export markets such as Russia, Poland or Bulgaria, part of it as chassis for Smith Newton electric cars...
read morePwC: Car production in Czech Rep to fall by 1% in 2010, to grow by 7% in 2011
April 21, 2010 | 02:47am CEToriginalCar production will then surpass the level of 1 million units in 2012, according to PwC. In Q1 2010, production of cars to 3.5 tonnes went up by 29.6%. Individual manufacturers...
read moreIsuzu has returned to Czech market with its pickups, Campo replaced by new D-Max
April 21, 2010 | 02:26am CEToriginalThe importer led by Ivan Ruzicka, is now building the dealer network. The first dealer became the Opel and Chevrolet dealer...
read moreStephane Chauville left Czech and Slovak representation of Opel after eight months
April 21, 2010 | 02:11am CEToriginalPavel Silha, who was promoted from the position of sales head, became his successor in the leadership of the branch. Chauville...
read moreAvizo.cz: Used car prices in Czech Rep ceased to decline steeply, demand increases
April 21, 2010 | 01:58am CEToriginalA decline in the offer on the advertising server Avizo.cz, price development of Top 10 models in Q1 2010, comparison with H2 2009, the current average prices...
read moreJ.D. Power: Global sales of passenger cars and LCVs to rise by 4% in 2010
April 21, 2010 | 01:40am CEToriginalThe development on mature and emerging markets, forecasts for the USA, Western Europe, Eastern Europe, Russia...
read moreCSOB Leasing to add free damage liability for one year to lease or credit in Q2
April 21, 2010 | 01:27am CEToriginalThe offer is for both consumers and business subject when financing passenger cars and commercial vehicles of all brands. The spring offer is limited by the number of contracts...
read moreVolkswagen to come with large-scale production of affordable electric car, it is said to be the Golf
April 21, 2010 | 01:14am CEToriginalThe electric car Golf should enter the market sooner than the anticipated mini electric car Up!, namely in...
read moreFrank Versaevel to be new general manager of Volvo Auto Czech
April 21, 2010 | 12:58am CEToriginalThe former head of Czech representation of the carmaker Volvo Car Greg Maruszewski will become…
read moreInsurance companies in Czech Rep: Number of insurance frauds exposed also growing in 2010
April 21, 2010 | 12:44am CEToriginalDamages in insurance of motor vehicles still dominate the frauds. Details of individual insurance companies over Q1...
read moreAuto Esa: Visit rate of Skodovky.cz continues to grow, offer of cars increased
April 20, 2010 | 11:53pm CEToriginalCurrent visitor statistics of the site focused on sales of Skoda cars, increase in the number of cars offered...
read moreStaff of Belgian Opel plant on strike, they want higher severance pay
April 20, 2010 | 11:46pm CEToriginalThe social plan to cease production in Antwerp is not yet fully negotiated. Consensus has been reached regarding the conditions of early retirement but in contradiction...
read moreSales of Skoda cars grew by 25% in Q1, sales excl. China by 10%
April 20, 2010 | 11:39pm CEToriginalThe growth has been traditionally driven by the demand in China, but also in many European countries including the Czech Republic. The interest in the individual models and the outlook for 2010...
read moreEurope air traffic shutdown due to Icelandic volcano caused problems with supply of certain components to some carmakers
April 20, 2010 | 11:24pm CEToriginalBMW and Nissan will stop or reduce car production even outside Europe due to that. Projected production deficits...
read moreZAP: Car production in Slovakia to rise slightly in 2010, more briskly in H2 2011
April 20, 2010 | 11:15pm CEToriginalProduction went down by 19.5% in 2009 and the country thus lost its position as the largest manufacturer of cars per capita in Europe. Two countries got ahead of Slovakia...
read moreOpel factory in Antwerp for sale with half of employees
April 20, 2010 | 02:30am CEToriginalThe second half will leave the plant by the end of June. Conditions for the production’s termination in Antwerp, including generous severance...
read moreToyota adopted record fine of USD 16.4 million in USA, still facing other suits
April 20, 2010 | 02:17am CEToriginalThe fine is for Toyota rather symbolic because in late 2009 the carmaker held cash in the amount of...
read moreAAA Auto sold most cars for last 12 months last week
April 20, 2010 | 02:04am CEToriginalA new weekly record, the sales proportion of the Czech Republic and Slovakia, new daily record, the best selling models in Q1...
read moreNissan in April: Qashqai with financing with 0% increase or free damage liability
April 20, 2010 | 01:56am CEToriginalThe models Micra and Note also become cheaper while the X-Trail became more expensive. Discount on the models Pathfinder 2009 and Navara continues...
read moreCCS: Fuel in Czech Rep up by tens of hellers last week
April 19, 2010 | 11:05pm CEToriginalPetrol has therefore got over CZK 32/L, diesel over CZK 30/L. In Slovakia, the prices have been increasing more moderately. The development in the coming days...
read moreToyota to recall 870,000 Sienna vans to repair in USA and Canada
April 19, 2010 | 10:53pm CEToriginalThe reason is the spare tire holder which is at risk of corrosion and the tire may fall out. The recall covers vehicles manufactured in...
read moreAvia entered Russian market, considering assembly there
April 19, 2010 | 10:00pm CEToriginalIn the first phase, there will be seven dealerships ensuring the sale. Avia holds talks about the licensed production with a company Avtotor as well...
read moreVolkswagen increased sales by 25% to 1.73 million cars in Q1
April 19, 2010 | 03:42pm CEToriginalChina, Europe and USA contributed to the growth. Volkswagen expects to do better than the market in 2010 and to increase sales...
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