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Five Carmakers in Slovakia Have Secured Orders Until the End of 2026 – What Comes Next?

Trump’s tariffs, competitiveness, and the shift to electric vehicles - these are just some of the challenges the automotive industry faces.

  • tvnoviny.sk

  • February 17, 2025

Slovakia's automotive sector, a key pillar of the country's economy, is facing mounting challenges as it looks beyond 2026. While major car manufacturers currently have secured orders until the end of that year, industry experts warn of potential disruptions ahead. Trade policies, the shift toward electric vehicles, and rising production costs could significantly impact the competitiveness of Slovak carmakers in the global market.

With the United States considering new tariffs, and production costs among the highest in the V4 region, Slovakia's ability to maintain its status as a European automotive hub is under question. Experts stress the need for innovation and state-backed initiatives to keep up with global competitors. Twinzo’s CEO, Michal Ukropec, emphasizes that greater flexibility and a shift in industry mindset will be essential for long-term sustainability.

How will Slovakia’s automotive sector adapt to these challenges?

Read full article here: https://tvnoviny.sk/ekonomika/clanok/952619-paet-automobiliek-na-slovensku-ma-zabezpecene-zakazky-do-konca-roka-2026-co-bude-potom-nacrtol-odbornik