Skoda Auto A.S. will idle up to 2,000 Czech Republic workers through the end of the year due to waning demand for its vehicles. However, a spokesman for the Czech auto maker tells Reuters the layoffs are only for contract employees and not full-time Skoda workers. Skoda, which is owned by Volkswagen AG, already has slashed production of its Fabia model by 100 units per day to 940 and output of its Superb limousine has been cut by 50 a day to 100 due to slumping sales.
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