Four Slovak car plants report solid demand
New car sales were down 12% in November in the EU amid the second pandemic wave. The sales were down 26% to 9m vehicles 11 months into the year. In Slovakia, car sales fell 13% in November and 26% in January-November (to 93,900 vehicles). (acea.be)
The four Slovak car plants report solid demand. The Trnava plant of PSA has full order books until the end of January 2021. Similarly, the Nitra Jaguar Land Rover car plant is running at full steam, mainly thanks to the strong demand in China. The Bratislava Volkswagen plant reports stable production as it makes a wide portfolio of five brands for the entire world. It benefits from a strong demand in China too, as China is its main market ahead of Germany and the USA.