Automobile output expected to reach record-high figure
Passenger car and light utility vehicle output in the Czech Republic grew by 13 percent year-on-year to 803,846 units in January-September this year, the Automotive Industry Association told the CTK news agency on Tuesday. Growth was registered by car makers Skoda Auto and Hyundai, while TPCA saw its output decrease slightly. Domestic sales of passenger cars and LUVs increased by 9.5 percent, while exports rose by nearly 16 percent. Producers expect this year's output to reach record-high values. According to AIA head Martin Jahn, it could grow up to 5 percent and exceed 1 million units.