Škoda Auto reduces output in face of falling demand
The car maker Škoda Auto is to reduce output at its plant in Mladá Boleslav due to a fall in demand. No cars will be produced in the last week of October, amounting to a fall of around 13,000 vehicles. Škoda Auto had previously announced plans for a two-day halt on its production lines. A representative said the company expected a marked fall in sales growth next year, noting that the days of double-figure growth were over. On Saturday, it was reported that the truck maker Tatra was also reducing its output and shortening workers shifts.