Czech 10-Month Car Production Up by 12%

Czech 10-Month Car Production Up by 12%

Czech Republic’s January-October production was up 12.1% y/y to 997,506 units, while total passenger car exports grew by 12% y/y and exceeded 1.126 million units. Domestic sales increased by 0.6%. The association estimates that the total number of passenger cars produced in the Czech Republic in the full year of 2011 will reach over 1.17 mln (up 9.5%).

According to figures from the Czech Automotive Industry Association, a total of 997,506 new passenger cars were produced in the Czech Republic in the first ten months of 2011