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Automotive industry making up for losses

23:40

Automotive industry making up for losses
Source: Pixabay

During the three quarters of 2020, the production sold in the PKD 29 group (production of motor vehicles, trailers and semi-trailers as well as parts and accessories) amounted to PLN 98.72 billion. It's about 20.4 percent less than a year ago. This decline would have been much greater but the third quarter was relatively good. After six months, the year-on-year drop was as much as 30.1 percent.

"This was related to the reduction in the production of vehicles and components in Europe from…

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