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Automotive Report Czech Republic

  • ID: 2138224
  • Report
  • Region: Czech Republic
  • 12 Pages
  • The Economist Intelligence Unit
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The Czech automotive sector plays an important role in an economy where exports account for almost 80% of GDP, and has attracted a large proportion of foreign direct investment inflows since the mid-1990s. In 2014 (latest data) the sector accounted for 21.3% of total industrial output and 20.1% of exports, according to the Czech Automotive Industry Association (SAP). It directly employed 112,877 people, of whom 33,761 worked at vehicle manufacturers.

Total passenger-car production rose by 4.1% to 1.3m units in 2015, according to the International Organisation of Motor Vehicle Manufacturers (OICA), up by 4.1% compared with 2014. This makes the Czech Republic the fifth-biggest vehicle-producing country in the EU. Passenger cars account for nearly all of the country's output.

After a disappointing year in 2013, the Czech passenger-car market has recovered strongly, with new-car registrations rising by 16.7% in 2014 and 20% in 2015. In the first half of 2016 registrations were up by 17.2% year on year. However, The Economist Intelligence Unit expects sales growth to slow to a compound annual growth rate of 2% in 2016-20, with falls in 2017-18.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles
Industry Codes (NAIC): 336
Industry Codes (SIC): 37
Note: Product cover images may vary from those shown
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Automotive Report Czech Republic

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources
Note: Product cover images may vary from those shown
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