In 2013, BMI forecasts passenger car sales to decrease 0.9%. We believe that private consumption willremain subdued over the year as the government perseveres with austerity measures. This is a continuationof the trend seen in 2012 when passenger car sales in the Czech Republic increased just 0.4%, to 174,009units. Throughout the year, BMI cautioned that the country''s weak macro outlook would weigh onpassenger car sales after a strong start earlier in the year.This in turn impacted production. Light vehicle output was hit by the news that the Toyota PeugeotCitroen Automobile (TPCA) plant saw a drop of 20% in productivity year-on-year (y-o-y) in 2012 to215,000 as...
No comments:
Post a Comment