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automotive - ilustrative image

The automotive industry represents one of the most important sectors of the Czech economy. The revenues of the Czech automotive industry surpassed almost CZK 930 billion and thus have grown by almost 60% since 2008 (source: In 2015, almost 1.3 million personal cars and light commercial vehicles were produced, which represents 4% growth (source: Registration of new sold cars are reaching record levels. Automotive companies regularly place among the most important and admired companies in the Czech Republic.

However, there are more than just manufacturing firms in the automotive sector. There is also the sale and servicing of cars, their financing for corporate or retail customers or the sale of spare parts.

PwC Czech Republic offers a complex service portfolio for companies in the automotive industry.. We provide assurance and tax services, forensic and legal advisory or consulting for suppliers, manufacturers, sales organisations and financial institutions. We cooperate with key automotive organisations (Car Importers Association and Automotive Industry Association). In addition to that, both as auditors and advisors, we provide services to the biggest automotive company in the Czech Republic – ŠKODA AUTO.

PwC Automotive Czech Republic furthermore cooperates on an international level with the PwC Autofacts team. Located in key markets around the world, Autofacts is a team of dedicated specialists within PwC's Automotive practice who are focused on industry-specific issues and analyses.

Industry specific services

  • Assistance in selecting production facility location - taking into account not only existing infrastructure and human resources available in the region, but also available investment incentives
  • Assistance in developing comprehensive compensation and benefits programmes (including expatriate registration and personal taxation management)
  • Support manufacturer checks of potential suppliers and their selection
  • Production flow and supply chain management optimisation
  • Improve working capital management
  • Tax advisory focused on VAT and customs related to import and export of vehicles and spare parts
  • Transfer pricing services including designing a transfer pricing methodology and documenting the transfer pricing file
  • Independent review of sales processes at importer companies
  • Optimisation and development of dealership network
  • Review dealership functioning and design efficiency improvement – inventory management, financing, profitability analysis, sales processes
  • Investigation of potential frauds in the dealership network
  • Improvement of revenue and profitability of aftersales
  • Turnaround and restructuring of distressed dealerships
  • Support during succession planning
  • Performance improvement of sales processes in financing companies – customer relationship management, fleet and retail sales
  • Service quality and profitability improvement for companies providing services to service and dealer networks
  • Design and implementation of financial processes and controls, Establishment of effective internal audit for all types of companies