Car production up by 12 percent
Car production in the Czech Republic increased by 12.8 percent year-on-year in May to 120,186 vehicles, according to data released by the Automotive Industry Association on Thursday.
It is the first time that Czech car producers recorded a year-on-year growth this year and also the first time they returned to a pre-Covid monthly production volume.
Some 481, 535 cars were produced in the Czech Republic over the first five months of 2022, which is still 14 percent lower than in the same period last year.
The reasons for the decline from January to the end of May were a shortage of semiconductor chips, disrupted supply chains due to the Russian war in Ukraine, reduced logistics flows due to anti-pandemic measures in China, as well as some local events, such as a fire at a key supplier of Skoda Octavia, or the restructuring of Toyota's Kolin plant.