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Car maker Škoda powers economic growth

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Hot on the tails of better-than-expected Czech industrial output for September of 12.2% on the year and just ahead of Friday’s release of the gross domestic product data for the third quarter, Škoda Auto, the largest central European car maker and a bellwether of the Czech economy, posted a 12% annual rise in its sales through end-October, with 638,000 cars shipped worldwide.

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