PZPM - GUS Motor Vehicle & Combustion Engines Production - OCTOBER 2023

Production of motor vehicles and engines for motor vehicles in Poland according to CSO data - OCTOBER 2023

According to the latest data published by the Central Statistical Office (CSO), PRODUCTION OF MOTOR VEHICLES in Poland in OCTOBER showed mixed results in individual vehicle segments. Production of passenger cars, with a result of 26.7 thousand units, turned into negative territory year-on-year (-16.3% y/y). Trucks and vans up to 3.5t reached 27,729 units, recording an increase (+9.8% y/y), while the production of buses, ending with a rather good result of 437 units, saw an increase (+2.8% y/y) to the same month last year.
In October, the production of internal combustion engines amounted to 215,000 units, up 16.8% y/y compared with the same month last year.

PASSENGER CARS
Y/Y change: October -16.3% y/y ; January-October: +17.9% y/y
Last month, 26.7 thousand passenger cars were produced, 5.2 thousand less (-16.3% y/y) than in October 2022 and slightly less by 1.2 thousand (-4.3% m/m) than the previous month.
During the 10 months of this year, 252.7 thousand cars came off the production line, 38.3 thousand more than in the same period in 2022. . which represents an increase of 17.9% y/y .

TRUCKS AND AGRICULTURAL TRACTORS FOR SEMI-TRAILERS
Y/Y change: October -1.7% y/y; January-October: +48.5% y/y
Production of trucks and vans totalled 27,729 units last month, an increase of 2,470 units. (+9.8% y/y) compared with October 2022. The result is also higher than in September by 3 981 units, (+16.8%m/m).
Since the beginning of the year, 249,205 vehicles have been delivered. The result is higher by 74,859 units. (+42.9% y/y) compared to the same period in 2022.

VEHICLES FOR PUBLIC TRANSPORT
y/y change: October +2.8% y/y ; January-October: +4.2% y/y
Buses recorded a slightly higher result in October compared to the corresponding month of 2022. In the last month, 437 units left the plants, by 12 units. (+2.8% y/y) more than in the same month of 2022. Compared to September this year, the difference is greater at 90 units (+25.9% m/m).
Since the beginning of the year, 4,128 buses have left the Polish plants, 168 units. (+4.2%) more than in the 10 months of 2022.

ENGINES FOR MOTOR VEHICLES
y/y change: October +16.8% y/y; January-October: +19.9% y/y
In October, production of internal combustion vehicle engines achieved a very good result of 215,000 units. This is an increase of +31 thousand units. (+16.8% y/y) than in the same month in 2022.  The result achieved is also significantly higher than in September by 55 thousand (i.e. +34.4% m/m).
Cumulatively, 1,991 thousand engines were produced in Jan-Oct 2023, by 330 thousand. (+19.9% y/y) more than in the first 10 months of 2022, including 1, 707 thousand diesel engines and 284 thousand petrol engines.