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Slovakia re-takes carmaking top spot

Automakers in Slovakia manufactured 562,000 cars in 2010, up 21 percent year-on-year. The sector’s sales increased, too, going up by 35.7 percent to €13.903 billion, and are slowly approaching the pre-crisis level seen in 2008, the SITA newswire reported.

Automakers in Slovakia manufactured 562,000 cars in 2010, up 21 percent year-on-year. The sector’s sales increased, too, going up by 35.7 percent to €13.903 billion, and are slowly approaching the pre-crisis level seen in 2008, the SITA newswire reported.

The head of Slovakia’s Automotive Industry Association (ZAP), Jozef Uhrík, said at a news conference on June 15 that last year’s data clearly show that the Slovak automobile industry has caught its breath again after two difficult years, SITA wrote.

Slovakia has now re-taken the world’s top position in terms of cars manufactured per thousand inhabitants: its 103.4 vehicles overtook the Czech Republic’s 101.5 vehicles last year. However, employment in the automotive industry in Slovakia is rising more slowly than sales, owing to rising labour productivity. Last year, the industry employed 69,800 people, up 2.6 percent year-on-year. Uhrík said that total headcount should return to 75,000 people this year. The automotive industry’s share of Slovak industry overall was 37 percent last year, down 0.8 percentage points from 2009. In 2010, new car imports totalled 71,000, down 21.5 percent year-on-year. Imports of used cars fell too, going down 16 percent to 66,000 vehicles.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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