PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Report Buyer Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

New Report Shows Skoda Facing Stiff Competition in the Domestic Czech Auto Marketplace - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which offers an in-depth outlook of the car market in Czech Republic
New Report Shows Skoda Facing Stiff Competition in the Domestic Czech Auto Marketplace

 

NewswireToday - /newswire/ - London, United Kingdom, 2008/11/20 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which offers an in-depth outlook of the car market in Czech Republic.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The report “Czech Republic Autos Report Q4 2008” highlights that the Czech carmaker Skoda is struggling with declining sales in the domestic market, despite the fact that Czech Republic’s car market continued to strengthen in H108.

In the first half of 2008, Czech car sales rose 8.7% year-on-year (y-o-y) to 73,455 units. Although Skoda maintained its dominant position in the Czech Republic, its market share is declining with sales down 10.1% y-o-y in H108. While most of Skoda's production is export oriented, the company occupies 30.3% of the domestic passenger car market in which foreign competitors present a significant challenge to Skoda's continued pre-eminence.

Automotive production is also set to witness strong growth, largely as a result of current investment plans. In H108, Czech automotive production was up 10.1% y-o-y to 533,901 units, of which 512,087 were exported. However, the industry is increasingly affected by exchange rate differentials between the Czech crown and the euro. Cost price rises could also limit carmakers ability to offset losses caused by appreciation, says the report.

The Czech Republics automotive output in 2012 is likely to be more than double the level seen in 2005, due to the opening of the Hyundai plant in 2008, the expansion of the existing Skoda plant and a rapid increase in production at the TPCA plant. The report forecasts automotive production reaching 1.1mn units in 2008, a 17.5% y-o-y increase. Growth in output is being stimulated by exports. In H108, exports of passenger cars and light commercial vehicles rose by 15.6% y-o-y to 507,854 units.

The Czech Republic scored 55.8 points in the automotive business environment rating this quarter, down 0.1 points over the previous quarter. The modest drop in score has not affected its rank in third place, 4.4 points behind Poland and 2.4 points ahead of Romania.

“Czech Republic Autos Report Q4 2008” is available from Report Buyer. For more information, see website.

Report Buyer product ID: BMI02790
 
About Report Buyer
Report Buyer is a UK-based independent online store supplying business information. The website now carries over 85,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Report Buyer Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


New Report Shows Skoda Facing Stiff Competition in the Domestic Czech Auto Marketplace

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Moa Wirde 
+44 (0) 207 060 7474 press[.]reportbuyer.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Report Buyer Ltd securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Report Buyer Ltd / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Hitachi Joins Shell Eco-marathon to Help #MaketheFuture
First MAN TGX PerformanceLine Edition Delivered - No 001 For BFS/Stegmaier Group
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities Finds Frost & Sullivan
Vehicle Parc and Market Dynamics Transform KSA Automotive Aftermarket, Forcing Vendors to Change Their Business Approach
First MAN TGX EfficientLine 3 Goes to Spedition Hillert
NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)