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.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Volkswagen Group’s dieselgate saga continues, but it appears the German company would be able to get out of trouble, but it would not be unscathed. This development comes as Volkswagen...
by - January 22, 2017
When a car has been in the market for nearly six years, it loses some of its luster and its customers tend to go for the all-new model with a...
by - January 22, 2017
Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries