PZPM - GUS Motor Vehicle & Combustion Engines Production - APRIL 2024

Production of motor vehicles and engines for motor vehicles in Poland according to CSO data - APRIL 2024

According to the latest data published by the Central Statistical Office (CSO), PRODUCTION OF MOTOR VEHICLES in Poland in APRIL 2024 recorded mixed results by segment. Production of internal combustion vehicle engines was lower than a year earlier.

y/y change: April  +2,6% ; January-April: +8,1%
Last month, 27,5 thousand passenger cars were produced, by 0,7 thousand units. (+2,6% y/y) more than in April last year, and by 6,4 thousand units (-30,3%) more than in March this year.
Since the beginning of the year, 107,5 thousand cars have rolled off the production lines in Poland, 8,1 thousand more than in the same period last year (+8,1% y/y).

y/y change: April +22,1% ; January-April: +28,3%
In April, production of trucks and light trucks ended marginally higher than a year earlier with 30,156 units, resulting in a year-on-year increase of 1.7%. The result produced, however, is lower than a month ago by 2,186 units. -6.8% m/m.
Year-to-date, production totaled 95,912 vehicles, up by 22,332 units. (+30.4% y/y) more than during Q1 2023. The number of vehicles produced last month is lower than in January and February, but considering the month of March the result obtained is the best ever for this segment.

y/y change: April -50,7% ; January-April: -27,5%
Production of buses in April this year ended with a result of 405 units, which is lower than last year's by 89 units (-18% y/y) but higher than February's by 61 units. (+17.7% m/m)
Since the beginning of the year, 1,041 buses were produced, down by 254 units. (-19.6% y/y) less than in the same period of 2023. This year's results are significantly lower than a year earlier due to the reduction or termination of bus production in Poland by several manufacturers.

y/y change: April -3,3% y/y; January-April: +2,5% y/y
In March, production of internal combustion vehicle engines ended at 211,000 units. This is down by 26 thousand units. (-11% y/y) than in the same month of 2023. The result produced is also lower than the month before by 7 thousand (-3.2% m/m). Since the beginning of the year, 653 thousand engines have arrived, 28 thousand more than in the same period of 2023. Among them, 612 thousand units are diesel engines while 41 thousand units are gasoline engines, which account for 6% of total production.

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