Friday, August 25, 2006

BUZZING PAST

One major feature of Polish roads is that they showcase an array of cars. And why not? Automobile manufacturing is the star sector of Poland. The low cost high quality characteristic of the Polish auto sector provides enough cars not only for internal consumption, but also for exports. Automobiles and related parts accounted for about 13% of the total Polish exports for the first nine months of 2005. Almost all global auto majors including Toyota, Isuzu, Volkswagen, MAN, Volvo, General Motors, Fiat and Opel are having their manufacturing setups in the country. According to the latest figures by the Department of Analysis & Forecasting, Warsaw, the motor vehicle manufacturing industry saw a pretty healthy 20.5% growth for the quarter ending March 2006.

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