NEWS

Poles not keen on new car purchases

Poles not keen on new car purchases

The number of Poles declaring their intention to buy a new car this year is the lowest since 2007, figures from a new report reveal.

The publication, released by the Conference of Financial Companies in Poland (KPF) along with the Warsaw School of Economics’ Research Institute for Economic Development, shows that Polish households have not planned to buy a new car, the highest number since the outset of the global financial crisis.

The figures are backed up by market trends, as the Samar Automotive Market Research Institute published data at the end of 2014 which shows that while the market grew by 13 percent in 2014, the proportion of individual clients buying new vehicles dropped to under 37 percent.

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