ČNOPK: 83% of automotive experience trouble with supplies

Published: 24.03.2022 Related countries:  Japan Japan

The impact of the conflict in Ukraine is felt or expected by nine out of 10 businesses.

This is according to a survey conducted by the Czech-German Chamber of Commerce and Industry (ČNOPK). Almost one in two experience problems with supply chains. In the engineering sector, this is the case for 61% and in the automotive industry for 83% of companies. ŠKODA AUTO is partially suspending production of some models for this reason. All companies are experiencing increased costs due to energy prices. Almost a third of companies expect a drop in demand, while 27 % of companies will lose business partners and outlets.