Czech car production rises 5.9% y/y in November to 123,917 vehicles, highest since March – ET Auto

In the January-November period, production was still lower than in the previous year, down 2.9% to 1,023,772 cars, AutoSAP said.

PRAGUE: Car production in the Czech Republic rose 5.9% year-on-year to 123,917 vehicles in November, the highest monthly result since March, as a shortage of semiconductors eased somewhat, the Auto Industry Association (AutoSAP) said on Monday.In the January-November period, production was still lower than in the previous year, down 2.9% to 1,023,772 cars, AutoSAP said.

“The latest data show that there has been some improvement in the market with chips in November… so the Czech car industry could at least come close to last year’s output,” said Zdenek Petzl, AutoSAP’s managing director.

“However, the chip crisis is not over yet. Current outlook for 2022 is not entirely optimistic,” Petzl said.

Also Read:

“The impact of the microchip shortage on vehicle output dragged the EU’s year-to-date sales performance into negative territory despite 2020’s record low base for comparison,” the ACEA said in a statement.

Of the total, sales of new energy vehicles is expected to grow 47% to 5 million, the China Association of Automobile Manufacturers (CAAM) said in a statement published on its official WeChat account.

Leave a Reply