Czech car makers’ turnover reaches CZK 1.48 trillion

Czech car companies and car-parts suppliers’ turnover reached CZK 1.48 billion in 2023, which represents an increase by 17 percent on the previous year, the Czech Automotive Industry Association announced at a press conference on Thursday. Czech car makers’ exports increased by 23 percent last year to nearly CZK 1.3 billion.

Car production returned to pre-crisis levels, rising 14.8 percent year-on-year to 1.398 million passenger cars. The number of electric vehicles produced rose by 34 percent to 181,000.

Presently around 142,000 people work in the car industry in Czechia. The average wage in the sector rose by 8.8 percent to CZK 54,637 per month, which is 26 percent above the Czech average wage.