Czech 2012 car production down 1.7%, first decline in nine years.

By bne IntelliNews January 15, 2013
Czech car production last year dropped by 1.7% y/y to 1,174,267, registering its first annual decline in nine years reflecting waning demand in Europe, the sector's main export market, data from the Automotive Industry Association showed.

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.

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