Automotive output grew by 22.7% y/y in February

Poland manufactured 61,587 passenger cars and delivery vans in January, which translates into an increase in production of 14 percent month-on-month and of 22.7 percent year-on-year, the Automotive Market Research Institute IBRM SAMAR informed. Total output in January and February was 115,590 vehicles,  increased by 18.7% y/y. In January, Polish factories manufactured 51,786 passenger cars (12.7 percent increase m/m and 24.6 percent y/y) and 9,801 trucks and deliver vans (21.5 percent increase m/m and 13.6 percent y/y).