Related articles

NewsSeat Toledo to be produced in Mladá Boleslav

Business NewsBusiness News

In Business News: The government debt has reached almost 40 percent of the GDP; unemployment in January rose to 9.1 percent; the Czech state loses an estimated 25 to 30 billion crowns every a year on account of tax evasion; union representatives have rejected a 2.5 percent salary bump offered by car manufacturer Škoda Auto; the sale of winter clothing and apparel – including winter wear for dogs – has jumped markedly in the cold snap. More

NewsCar sales going strong

NewsPM Nečas: euro zone can only survive if it becomes a federal economic entity

NewsCzech Republic will seek to participate in euro zone summits

NewsPrime Minister: Czech contribution to EU debt crisis scheme likely far lower than expected

NewsCzech government wants referendum on EU fiscal pact

NewsSchool in Poděbrady renamed after late Czech president Václav Havel

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

NewsFirst Škoda electric cars hit the road