Car production inched up in 2017

The number of motor vehicles manufactured in Poland in 2017 amounted to 689.7k, representing a 1.2 percent y/y increase, according to a report by KPMG and PZPM. The production of passenger cars fell by 7.2 percent y/y to 514.7k, while production of commercial vehicles and trucks soared by 39.1 percent y/y to 169.8k. New car registrations increased by 16.9 percent y/y to 486.4k. “The increase in the production comes mainly from the growing volume of manufactured delivery vehicles. The situation on the passenger car market is slightly worse, however, it should be remembered that the vast majority of cars assembled in Poland are exported, so the sales results on the Polish market do not affect the decisions of foreign concerns,” Mirosław Michna from KPMG said.