Polish Car Production Down 13.2% in Q1 and Sales Down 23%

        According to the quarterly reports of PZPM and KPMG, the car production of Poland in Q1 2020 was down 13.2% and the new car registration was also down 23%. However, the registration for EVs in the same quarter was doubled and reached 1,278 units. The total car production of Poland in the quarter reached 148,900 units. “Bus” appeared the most significant decline and was down 20% compared to the corresponding quarter of 2019. The production of sedans was down around 10%, and if to view by month, the production in March was down more than 50%.

 

      It is estimated that the average decline margin of all types of vehicles may even reach 60-70% in the 2nd quarter of 2020. PZPM president Jakub Farys said, “Such a scenario may gradually become stable in a couple of months, which means the decline margin in Q3 or Q4 this year may not be as significant as in Q2, though going back to the previous level seems still impossible."

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car production & sales down

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