Czech automotive industry is reporting record revenues and production for 2016. Revenues exceeded CZK 1 trillion for the first time and production grew 12% y/y, quantified in CZK. Totally 1.35 million vehicles were produced. Automotive industry generates 9% of Czech Republic´s GDP, as compared to the average of ca. 1.5% in EU. Automotive industry, which offers above-average investments and wages in CR, forms a fifth of the Czech industry.