Poland’s GDP growth is expected to surpass 3% in 2017 and 2018. There are some positive indicators of Domestic demand, Business sentiments, and low real interest rates.Poland Automotive Industry Analysis and Forecast is our detail report.
The central bank is expected to start raising interest rates in early 2018 as inflation rises and slack disappears. After joining the EU in 2004, the country’s spirits have been marked by the desire to quickly catch up with the EU standard.
Poland is one of the largest nations in Eastern Europe region. This is an attractive location for Automotive Industry. Availability of cost effective and skilled human resources are the major reason for moving of OEMs in Poland. This is also a hub for Auto suppliers. Global automotive manufacturers settled in the country by establishing their production plant to cut product cost.
Domestic player Skoda sold 50,039 in Poland in 2016 with 12.3 percent growth compared to 2015. The top selling car models were the Skoda Octavia and Skoda Fabia, followed by the Astra (Opel).
The Commercial Vehicle Industry also showed around 14 percent growth in 2016 compared to last year.
ACG is having an exclusive database of Model Level Production data trend and Forecast 2023 with all technical specs and other information like its Sales distribution from Poland, the Production capacity of plan, Production and Brand information of each model etc.
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