- Automobile production in 2017 grew faster than Czech industry as a whole again, supporting the growth of the entire Czech economy. The production of passenger cars continues to dominate the Czech automotive industry. These are the data of the Czech Automotive Industry Association (AutoSAP) from January to December 2017.
"These very favorable results of the automotive industry are influenced by the positive development of the European and world economy and the growing consumer demand for vehicles in the Czech Republic and in Europe. The automotive industry, given its importance in the Czech economy, was an essential part of its dynamic growth which, according to analysts, reached about 4.5% in 2017," said Bohdan Wojnar, AutoSAP President.
In 2018, however, the growth rate of the Czech economy is expected to slow by about 1%, as in Europe and other markets. This year's decline in the growth in the Czech automotive industry will, according to Wojnar, be mainly related to labor market tensions. The growth of production will not exceed 5%.
Passenger cars (1,413,881 units, +5.2%)
The Škoda Auto company, with 60.7%, retained the largest share in the total Czech production of passenger cars, followed by Hyundai (25.2%) and TPCA (14.1%). Production increased year-on-year by 5.2%, i.e. by 69,699 units. Exports of passenger cars grew by 5.1% y / y (62,430 units) and domestic sales also improved by 6.8% (7,031 units).
Buses (4,631 units, +5.5%)
From January to December 2017, a total of 243 more buses were produced than in 2016. Iveco Czech Republic produced the largest share (88.6%) (4,102 units). SOR Libchavy (10.2%) produced 472 buses. While Iveco, in addition to exports, boosted its domestic sales by 42%, SOR increased its exports by 28%.
Trucks (1,481 units, + 11.7%)
The domestic manufacturer, Tatra Trucks, increased production by 155 units compared to the previous year. Deliveries for the domestic market increased by 12.4% (48 units), exports fell slightly (-2.4%).
Motorcycles (1,331 units, +8.4%)
The only Czech manufacturer of motorcycles, Jawa, produced 103 motorcycles more than in 2016. Domestic sales increased by 120.3% to 174 units, reaching a level of 1,157 units (+0.7%).
Trailers (25,219 units, +2.1%)
The production of trailers and semi-trailers grew by 529 units compared to 2016. Domestic sales increased overall by 2.5%, exports slightly decreased by 1.1%. Schwarzmüller (77.4%) retained the largest share of the overall production of large trailers and semi-trailers, over Panav (22.6%). The production of small trailers is dominated by Agados.
After counting in the production of trailers, the total number of road vehicles produced in the Czech Republic reached a record number of 1,446,543 in 2017, a year-on-year increase of 5.2%.
More detailed production and sales reports regarding Czech manufacturers of vehicles.
-kk-