PragueConnect.cz - Business News in English

Business News from Czech Republic by PragueConnect.cz and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Czech auto industry at a crossroads

The proportion of manufacturing industry in the economy of the Czech Republic is the biggest among all EU countries. And within that, the auto sector is by far and away the most important, accounting for around a third of all industrial production with the figure showing no sign of falling. But the sector is very much at a crossroads with immediate and longer term challenges putting a question mark over continued growth. Zdeněk Petzl is acting director of the Czech Automobile Industry Association. I asked him how the first half of the year appears so far.