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The automotive industry lost proceeds of CEK 36 bil in 2008.
(From Access Czech Republic Business Bulletin)
Czech Republic: Proceeds in the automotive industry decreased in 2008, for the first time after the last 14 years of permanent growth. The proceeds decreased by CEK 36 bil to CEK 604 bil in 2008 compared to 2007. The proceeds rose till the middle of 2008. During 4 2008, demand for the automotive industry production decreased sharply because of the crisis. The drop goes on in 2009 too. The production volume of domestic automotive companies decreased by 25% to 205,000 cars during 1 2009 compared to 1 2008. The number of employees in the automotive industry has decreased by a total of ...
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