Czech car production up 31.5% y/y in Q1 -CTK

Kitco Media
By Reuters
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Reuters
PRAGUE, April 17 (Reuters) - Czech passenger car production rose 31.5% year-on-year in the first quarter, news agency CTK reported on Monday. Output, hurt last year by shortages of chips which has partially eased since, rose to 353,770 cars, of which 11.7% were electric vehicles, CTK said, citing the Automotive Industry Association. The Czech Republic is heavily dependent on the auto industry, led by Volkswagen's Skoda Auto . Toyota and Hyundai also have manufacturing plants in the country. (Reporting by Jan Lopatka)

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