Automotive Industry in CESEE Region Booms

Industrials › Automotive ♦ Published: December 28, 2012; 22:02 ♦ (Vindobona)

According to an analysis issued by Austrian Erste Group, every fourth car produced in the EU in 2013 will be "Made in CEE".

Automotive Industry in CESEE Region Booms / Picture: © Vindobona.org

“We see CEE car producers as an appealing investment. Every fourth car produced in the EU in 2013 will be "Made in CEE" as the former Czechoslovakia - with 2 million passenger cars estimated in 2012 - is now the second largest car producer in Europe right after Germany. CEE car production is continuously gaining share on expense of car producers from Southern Europe benefiting from…

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CESEE, Automotive Industry, Erste Group
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