Car industry exceeds expectations

IN SPITE of concerns that the EU-Russia tit-for-tat sanction war would reduce production of cars in Slovakia, the reality exceeded expectations as carmakers in Slovakia managed to find alternative markets. The Slovak Automotive Industry Association (ZAP) estimates that carmakers manufactured more than 970,000 cars in 2014 while the original expectation was more than 930,000, maintaining the country’s position as the biggest carmaker per capita in the world.