Automotive exports to surpass €25 bln in 2017

Polish automotive exports could grow by 9-10 percent y/y to over €25 billion in 2017 AutomotiveSuppliers.pl forecasts. The growth should be driven by increasing demand for car parts from Germany and growing production capacities in Polish factories. With expansion of Volkswagen plant in Września and increased production of Crafter model there, car exports should also grow. In 2016 Polish automotive exports reached a record-high level of €23 billion. Car parts and accessories segment accounted for 44.28 percent of that figure.