Car and associated component manufacturers in the Czech Republic saw record revenues of CZK 1,123 trillion last year, a 1.9 percent increase compared to 2018, the Czech Automotive Industry Association announced on Tuesday. Exports rose by 2.4 percent to CZK 942 million, with Germany being the destination for a third of products sold abroad. However, car production is expected to fall by around 20 percent in 2020, mainly as a result of the COVID-19 pandemic. The Czech automotive industry fared particularly well last year, but is facing a decrease in revenues in 2020. Automobile manufacturers produced a total of 1,427,563 cars in the Czech Republic in 2019. The amount of workers employed at car manufacturing plants in the Czech republic rose by 1,000 to a total of 133,000 last year.
Source: https://www.radio.cz/en