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Production at Škoda Auto could stabilize by June, unions say

According to unions, positive prospects are important for securing earnings and future jobs. In addition to the cars themselves, production losses also include production on gearboxes and other components.

In some operations, part of the shifts are still canceled. However, the situation is better, for example the Vrchlabí plant will be practically completely unrestricted next week.

Due to the shortage of semiconductors and the coronavirus pandemic, the carmaker delivered 878,200 cars to customers worldwide last year, which was 12.6 percent less year on year. The lack of chips meant that Škoda did not produce 280,000 cars.

Last year, the carmaker Škoda Auto increased its non-consolidated net profit by 48 percent to 22.41 billion crowns. Non-consolidated sales decreased by 0.4 percent to CZK 422.6 billion. This year, the carmaker expects a significant load on operating activities due to the war in Ukraine and outages in the supply of some parts.

Take a look at the current offer of new and used cars Škoda and Sauto.cz.

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