Czech car production down 2.6 percent in Q1

Car production in the Czech Republic dropped by 2.6 percent in the first quarter of the year.

The country’s bigger car maker, Škoda Auto, increased production by 2.5 percent, to stand at just over 377,000. The biggest drop came from Hyundai where output was down 15,5 percent. Production from the TPCA joint venture fell by 1.5 percent.

The association representing the auto sector said it expects production to pick up over the remainder of the year. The auto sector represents around 9.0 percent of Czech Gross Domestic Product.

Author: Chris Johnstone