Automotive industry does not expect increase in sales of new cars

According to GUS data presented in the report by PZPM and KPMG, 2022 was a better year for automotive factories in Poland. Nearly 484,000 vehicles rolled off the production lines, which is 10 percent more than in 2021. The production of passenger cars decreased by 2.1 percent y/y to 255,000 units. At the same time, the production of heavy-duty vehicles (including tractor units for pulling trailers) increased by 29 percent y/y to almost 223,700 units.