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Car Manufacturing Experienced a 42 Percent Increase in March Compared to the Previous Year

The Czech automobile industry has seen a significant rise in production in March 2021, with a 42 percent year-on-year increase. This was largely due to improved deliveries of necessary parts, which in turn helped to boost industrial output by 2.2 percent.

Czechia’s foreign trade also saw a surplus of CZK 15.9 billion, mainly due to increased car exports and the fall in the prices of oil and gas imports. However, the construction sector saw a 6 percent year-on-year dip.

Overall, the Czech automobile industry has seen a positive start to 2021, with production and exports both increasing. This is a promising sign for the future of the industry, and it will be interesting to see how it develops in the coming months.