Automotive industry on the rise in Poland – KPMG

The number of cars produced in Poland has risen by 3.2 percent year-on-year in 2016, reaching 681,000 vehicles, according to the report by KPMG and Polish Automotive Industry Association. The number of new registrations was up by 17.2 percent, meaning that some 416,000 vehicles were registered last year. Škoda was the sales leader in the standard-class vehicles, recording an 18 percent sales growth y/y, in the premium segment, BMW, Audi and Mercedes Benz all had over 30 percent sales growth each. According to data released by Eurostat, in the first nine months of 2016, Poland exported vehicles and car parts worth €22.8 billion. While all these figures are growing, they still are down compared to a record-breaking 2008, when nearly 1 million vehicles were produced in Poland.