Report: Car manufacturing on the rise in Poland

The number of cars manufactured in Poland in Q1 has reached 202,500, representing a 7.3 percent y/y increase, the KPMG and PZPM sector lobby report showed. The production of buses has increased by 36.1 percent, passenger cars by 2.3 percent, and the delivery trucks and vans by 30 percent, the report said. “The Q1 figures are very optimistic, and indicate that the figures for full year can be the best ones we had in years. The increasing demand throughout the EU, where in Q1 some 4.1 million cars have been registered (8 percent growth) is driving the results up. This year’s Q1 was the best recorded since 2011,” Mirosław Michna from KPMG said. In 2016, Poland manufactured vehicles and car parts, worth €30.4 billion, with cars amounting for €10.9 billion, a 11.4 percent y/y increase.