It is reported that Volkswagen's Czech unit Skoda Auto is considering halting production for two days in October after demand fell following the end of a scrappage subsidy in Germany.
Mr Jaroslav Cerny spokesman of Skoda said that "It is not definitive yet, it is being considered as part of an annual stock survey that must take place in the factory, which always takes place at the end of October 2009. So we want to link the stoppage with the public holiday on October 28th 2009."
Meanwhile, the Czech Statistical Office said in a preliminary statement that industrial production had fallen by 8.1% YoY in the month of August in comparison to the same month a year ago. The month of July saw the fall by 18.2%. The figures indicate that Czech industry has gone through some stabilizing after its shape fall in the past months. The news was welcomed by most experts.
