PRAGUE — Czech automotive manufacturing fell 12 % year-on-year in January to its lowest outcome for the primary month of the yr since 2014, at 104,576 automobiles, the nation’s Automotive Trade Affiliation (AutoSAP) mentioned on Thursday.
The automotive sector, which makes up nearly a tenth of the export-reliant economic system, has been hit by sagging European demand to start out the yr and elements disruptions.
AutoSAP mentioned estimates on the broader impression within the sector could be clearer within the coming quarter.
In January, the most important drop in output on the nation’s three crops was registered at Toyota with a 32 % fall.
Hyundai Motor’s plant output fell 13 %, in accordance with AutoSAP, whereas Volkswagen unit Skoda’s crops noticed a 5.9 % drop.
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