Kolín-based carmaker TPCA sees revenue increase of more than 30 percent
The Kolín-based car builder TPCA (comprising Toyota, Peugeot, and Citroën) last year increased revenues year-on-year by more than 30 percent to 39.3 billion crowns. The company posted a gross profit of 366.5 million, according to news website iHned.
The consortium’s increased sales are all the more valued considering the cutthroat competition on the European small-car market; TPCA executive vice-president Javier Varela made clear that to maintain a strong footing steps needed to be taken increasing competitiveness, essentially to pave the way for a third-generation of cars that could fare just as well.
The figures for last year have also been released by Mladá Boleslav-based carmaker Škoda Auto: in 2014 Škoda increased its net profit by 46 percent to more than 18.4 billion crowns.