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27 Nov
09:23

Czech automotive output growth returns to negative territory

Czech automotive output slumped in October, taking January-October output growth down -0.26% on-year to 1.198 million units, according to the latest Czech Automotive Industry Association (AIA) data seen by Kallanish. This compared to 0.69% growth after nine months. 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 produci…
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