Year-on-year car output in Poland falls 26% in March to 64,445 units

Article by Christian Andrei, on April 12, 2012

There were 64,445 vehicles produced in Poland for the month of March, according to industry monitor Samar. This represents a decline of 26% in year-on-year figures and a drop of 7% from the car production figures in February. The country exports at least 90% of the vehicles manufactured domestically. In 2011, vehicle production reached about 825,000 trucks and cars.

Fiat is the biggest vehicle manufacturer in the country. It assembles the Lancia Ypsilon and 500 minicar at its Tychy facility. This Italian carmaker has a market share of 57% in the country. Volkswagen manufactures the Transporter and Caddy commercial automobiles in Poznan. Opel produces a range of Astra compact vehicle variants such as the new Astra GTC in Gliwice.

In general, car production comprises about 7% of the industrial output of Poland. Chief economist Ernest Pytlarczyk at BRE Bank commented that the data represent "very large risks" for the industrial output, which may become sluggish with a growth rate of less than 4% in March.

The industrial output is expected to increase to an annual 4.7% in March from 4.6% in February, according to the estimate of analysts surveyed by Reuters. The number of trucks and cars manufactured in the first quarter this year dropped 17.5% after a 7% decline in 2011.

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