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: www.mpo.cz). In 2015, almost 1.3 million personal cars and light commercial vehicles were produced which represents 4% growth (source: www.autosap.cz). Registration of new sold cars are reaching record levels. Automotive companies regularly place among 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 – for suppliers, manufacturers, sales organisations and financial institutions. We provide assurance and tax services, forensic and legal advisory or consulting. We cooperate with key automotive organisations (Car Importers Association and Automotive Industry Association). Besides 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.