The Czech and Slovak markets have resisted well to the 2008-2009 crisis
 
Notable exceptions in Eastern Europe, the Czech Republic and Slovakia have seen their automobile market resisted well to the 2008-2009 crisis. Even Poland does not display such level of growth.
 
The Czech Republic has even set a sales record in 2012 (174 000 units sold against 133 000 in 2007), while Slovakia was supported in 2008 and 2009 by scrappage schemes which have led to record sales in 2009 (75,000 units against 60,000 in 2007) but kickback in 2010 due to the stopping these bonuses.
 
The Slovakian market has started to grow again, in 2011 (68 000 sales) and 2012 (69 000 sales).

Without the 2008 and 2009 scrappage schemes the Slovak market would probably have set a sales record in 2012, like the Czech market . These bonuses therefore have accelerated the growth of a market whose trend was on the rise.

Concerning carmakers, there is a domination of the Volkswagen group, thanks to the strong and old presence of the Czech brand Skoda which has 31% of the Czech Republic market share in 2012 and 23% of the market share in Slovakia

 


13-15-3

 

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