Hyperdrive
Czech Car Output Hits Half-Million Milestone in Record Time
A worker on the production line at the Skoda Auto AS manufacturing plant in Mlada Boleslav, Czech Republic.
Photographer: Milan Jaros/BloombergThis article is for subscribers only.
The Czech Republic’s car output reached a new milestone in the first four months of the year, churning out more than a half a million automobiles in record time.
The nation’s three manufacturers produced 531,355 vehicles from January to April, a 14% increase over the same period last year, according to data from the Automotive Industry Association released Wednesday. In April alone, output of the European Union member’s state key export product rose 24% from a year earlier.