Fast Market Research

Poland Autos Report Q3 2013 - New Report Available

New Transportation research report from Business Monitor International is now available from Fast Market Research

 

Boston, MA -- (SBWIRE) -- 08/15/2013 -- In the first four months of 2013, passenger car sales in Poland declined 1.6% year-on-year (y-o-y), to 100,165 units. In 2013, BMI forecasts a decline of 1.0% in this segment, predicated on our generally bearish outlook for private consumption.

In 2012, passenger car sales in Poland decreased 2.5%, to 312,096 units. This is a slightly more bearish result than BMI's original forecast of a 2.0% decline in the year. Indeed, over the course of 2012, household spending contracted, real wages stagnated, and unemployment crept up slightly. The effect of this on passenger car sales was more pronounced than we had envisaged.

In 2013, we expect an uptick in real private consumption growth, although we believe that this is likely to remain fairly subdued until mid-2013. Indeed, wage growth is likely to remain tepid even once the economy picks up in H213, given the weakness in the labour market.

Passenger car production in Poland decreased 29.4% y-o-y in the first three months of 2013, to 123,100 units. BMI forecasts a fall of 20% in 2013 on the back of weak output volumes to date and our bearish outlook for European passenger car sales in 2013.

View Full Report Details and Table of Contents

In 2012, passenger car production in the country declined 26%, to 548,100 units, on the back of the broader weakness in European vehicle demand and the underperformance of Fiat in the region. We expect these dynamics to continue to play out in 2013.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- Vietnam Autos Report Q3 2013
- Hungary Autos Report Q3 2013
- Algeria Autos Report Q3 2013
- Malaysia Autos Report Q3 2013
- Serbia Autos Report Q3 2013
- Mexico Autos Report Q3 2013
- Brazil Autos Report Q3 2013
- Russia Autos Report Q3 2013
- Qatar Autos Report Q3 2013
- Venezuela Autos Report Q3 2013