Automotive exports to exceed €23.5 bln in 2016

Poland's automotive exports will likely exceed €23-23.5 billion in 2016, in comparison with €20.5 billion in 2015, according to a forecast by automotivesuppliers.pl. "In relation to expected further growth, particularly of components, in the following months, automotivesuppliers.pl assumes that the value of automotive exports will hit a record €23-23.5 billion," a filing read. Earlier, AutomotiveSuppliers estimated the figure to stand at €22 billion in 2016. In H1, automotive exports amounted to the highest ever level of €11.84 billion, 10.6 percent more than in the same period last year.