New passenger car registrations in Poland 2021-2023, by segment
Car production in Poland
For many years Poland has been one of the largest recipients of foreign direct investments in Central and Eastern Europe. The inflow of foreign capital in the automotive industry was relatively stable until 2007 and ranged between 300-1600 million euros annually. After 2008, the balance of the inflow of FDI in the automotive industry was very high. The cumulative value of foreign direct investment stock in this sector reached 12.1 billion euros in 2021. In 2022, over 451 thousand vehicles were produced in Poland, most of which were passenger cars. The major recipient of products manufactured by the automotive industry was Germany. The most significant value of the automotive products’ export applied to passenger cars, with an export value of 3.8 billion euros in 2022.
Popular car brands in Poland
In 2022, an overall increase in new passenger car registrations in Poland was recorded, which amounted to 420 thousand cars. Poles were most willing to buy Toyota cars. In 2023, nearly 91.2 thousand vehicles of this brand were sold. Due to the coronavirus (COVID-19) pandemic, all the car brands saw a decline in sales in 2020. However, the situation in the market stabilized in 2021.