Prime Minister Andrej Babiš hopes that Toyota will expand its investment in the Czech Republic and start manufacturing hydrogen powered cars in its factory in Kolín, Hospodářské Noviny reported on Thursday. The car manufacturer is a world leader in alternative fuel automobile technology and is considering increasing its production in mainland Europe in case of Brexit complications.
Owners of the TPCA car factory in Kolín, central Bohemia, may soon be
parting ways. PSA of France and Toyota of Japan have agreed to end
production of small cars at the Czech site by 2021, the French daily Les
The car companies Toyota, Peugeot and Citroën formed the TPCA joint venture in 2002. The Japanese carmaker is expected to take over PSA's stake, but no final decision has been announced.
The TPCA plant in Kolín has an annual production capacity of 330,000 vehicles, a mark last achieved in 2009, before the global financial crisis. For this year, the plant is due to roll out only 200,000 cars.
The Czech based car making joint venture TPCA last year produced just over 220,600 cars. That’s the highest total since 2011 and a 0.7 percent rise on the 2015 figure. The overwhelming majority of cars produced at the Kolín plant are for exports with the main destinations being Britain, Germany, Italy and France. Britain takes 29 percent of the production. TPCA is a joint venture between Toyota and Peugeot Citroen.
Car production in the Czech Republic increased by eight percent in 2016 compared to the previous year to a record figure of 1.344 million cars, the president of the Automotive Industry Association Bohdan Wojnar announced at a press conference on Tuesday. Production increases were recorded by all three of the Czech Republic’s major car production companies.
Unions at the Kolín-based car maker TPCA, comprising Toyota, Peugeot, and Citroën, have reached an agreement on a gradual increase of salaries by 1,700 crowns. According to the new collective agreement, the average gross monthly salary in worker positions should reach 32,500 crowns by the end of the year. The company currently employs some 2,800 people. As of December, the workers will also be working shorter, eight-hour shifts.
Car production in the Czech Republic grew by 4.5 percent last year, reaching an all-time record for the year. Close to 1.3 million cars were manufactured in the country in 2015, which is about 50,000 more than in the previous year, the head of the Czech Automotive Industry Association, Antonín Šípek, announced on Thursday. Bus production grew by 30 percent last year, reaching a record of 4,200 vehicles. Škoda Auto remained the biggest car producer with nearly 700,000 cars, followed by Toyota, Peugeot, and Citroen plant, which recorded the biggest year-on-year growth of 9.7 percent.
Car production in the Czech Republic grew by 4.5 percent year on year in the first 11 months of 2015, according to freshly released industry figures. Total output between the start of January and the end of November was 1.21 million. Škoda Auto remained the biggest producer with almost 700,000, while a joint Toyota, Peugeot and Citroen plant recorded the biggest increase in output with 9.7 percent. Bus production grew by 30 percent in the first 11 months of 2015. Car production is set to reach an all-time record for the year.