Car and associated component manufacturers in the Czech Republic saw record revenues of CZK 1,123 trillion last year, a 1.9 percent increase compared to 2018, the Czech Automotive Industry Association announced on Tuesday. Exports rose by 2.4 percent to CZK 942 million, with Germany being the destination for a third of products sold abroad. However, car production is expected to fall by around 20 percent in 2020, mainly as a result of the COVID-19 pandemic.

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