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Current AffairsCar manufacturers in Czech Republic to roll out new mid-priced vehicles in 2012
Despite gloomy news and grim forecasts almost all around these days one
sector of the economy - namely the automotive industry – is in top gear.
In 2011, two out of three manufacturers – Hyundai and Škoda Auto exceeded
previous expectations, and while TPCA suffered a drop in production, all
three together produced a record 1,186,000 vehicles. And they are gearing
up for an equally good year in 2012, reading to launch mid-priced new or
revamped models aimed at both the domestic market and markets abroad. More
Business NewsBusiness News
Economy grows by 1.2% in 3Q; criminal liability for companies passes
parliament; fifty billion crowns in deals for Czech and Russian businesses;
inflation accelerates to 2.5%; construction continues decline. More
Current AffairsŠkoda plans to conquer city car market with new Citigo
The Czech carmaker Škoda has unveiled a new model for the much
sought-after city car market – the Citigo. It’s closely modelled on
Volkswagen’s Up – not surprisingly as Škoda is part of the VW group
– and will appear in Czech showrooms at the end of the month, with a
European rollout planned for 2012. More
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