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Czech Republic Autos Report Q1 2009.

Publication: M2 Presswire
Publication Date: 31-MAR-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2009-www.companiesandmarkets.com: Czech Republic Autos Report Q1 2009(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:31032009

-www.companiesandmarkets.com adds new report: Czech Republic Autos Report Q1 2009

The commencement of production at Hyundai's new plant in the Czech Republic will ensure the continuation of strong automotive output growth over the next five years, despite the negative impact the sharp downturn in the European market will have on Skoda production volumes, according to BMI's latest Czech Republic Automotives Report.

The TPCA and Hyundai plants raised capacity and output in the Czech Republic in 2008. However, a combination of a domestic downturn and a recession in the rest of Europe has inevitably had a negative impact on the...

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