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25 Jun
12:54

Czech automotive output decline slows further in May

Czech automotive output declined -0.43% on-year in January-May, versus -0.98% in January-April, to 624,607 units, according to the latest Czech Automotive Industry Association (AIA) data seen by Kallanish. The Czech Republic is Central and Eastern Europe (CEE)’s largest car manufacturer, sourcing automotive steel from US Steel Kosice (USSK) and ArcelorMittal among other suppliers, and producing most cars for export. Production mainly cons…
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