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Auto sector cools

05:03

Auto sector cools
Source: Adobestock

Poland’s automotive sector is trimming debt, but the improvement reflects weaker activity rather than a rebound.

Outstanding liabilities of car dealers, parts sellers and repair shops fell to PLN 446.6 million from PLN 457.7 million a year earlier. The number of indebted firms dropped to 12,500 from 13,200. However, average debt per company rose to PLN 36,300.

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