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M. Jahn: Production of cars to reach 1.2m units

The year 2014 was successful for the Czech automobile industry. This was stated at the general shareholders meeting of the Automobile Industry Association (AutoSAP) in an assessment report by association president Martin Jahn. He said vehicle production will reach a record high of 1.2 million units. AutoSAP also expects that domestic suppliers of groups and parts will also fare just as well in connection with growing production and sales of vehicles in the Czech Republic and Europe. Last year the auto industry accounted for more than 20 % of the Czech Republic’s industrial production and exports and this share will according to M. Jahn be preserved this year as well.