Good results for the automotive industry in H1

In the first six months of 2016,  210,700 new cars have been registered, which constitutes an 18.5 percent ytd rise; an upward trend could be seen in all segments,  KPMG reports. Demand is growing fastest for MPVs', sport cars and limousines(76.4 ; 56.7 and 45.1 percent rise accordingly). Premium brands have seen a growing interest over the last year, contributing to a 31.1 percent y/y increase in volume, with institutional buyers occupuying most of the market. The market for cars with an alternative propulsion increased signoficantly with a more than 85 percent rise compared with the same period last year. In H1, automotive factories located in Poland produced 378,400 cars, an increase of 4.7 percent y/y.