Despite the decline, the figure represent the country's second-highest annual output after the record-high of 1,194,981 in 2011. Skoda Auto kept its position as the largest Czech car producer with an output of 656,306 in 2012, down 2.5% compared to a year ago.
Hyundai Motor Czech assembled 303,035 cars, up 20.7% on the year. Toyota Peugeot Citroen Automobile Czech (TPCA), jointly owned by Toyota and Peugeot Citroen, registered an annual output drop of 20.6% to 214,915 units.
Lorry production in the Czech Republic increased by 11.7% y/y to 1,454 in 2012, with Avia making 66% of the total. The production of buses was by 9.7% lower on the year at 3,217 units, as 86% of the buses were assembled by Iveco Czech in 2012.
Jawa Tynec, the only large Czech motorcycle producer, more than doubled its production to 2,297 units. Car production in the Czech Republic in 2013 will likely stagnate at the 2012's levels as car sales across Europe are declining as unemployment and a recession in the countries using the euro discourage consumers from making large purchases.
Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more
The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more
The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more