Global car industry shifting eastwards due to significant changes

Mumbai, 17th November, 2006:

The latest report on the Central and Eastern European automotive sector and the global car industry by Bharat Book Bureau titled “Central and Eastern European Components Sector (2007) edition” provides a comprehensive overview of the components sector in the CEE. The report is useful to know who is operating in the CEE region, what the future prospects are and which countries the western manufacturers are shifting to. 

Central and Eastern Europe consists of countries like Czech Republic, Estonia, Latvia, Poland, Hungary, Romania, Croatia etc. After the fall of communism in these countries, there have been major and significant changes in their economies as well as the automotive industry. 

The CEE countries are still emerging markets, but with the help of investments from global businesses, they are picking up rapidly. This potent combination of factors makes Central and Eastern Europe an important destination for new investments. The region is seeing new beginnings as established automakers have set up major manufacturing operations in the region. 

With the introduction of the EU status, which means that the products produced in the CEE can be imported and sold in other European Union states without import tariffs, the nature of the car manufacturing sector has improved significantly and the process is continuing.

The report provides a key analysis of the economic indicators as well as the industries in the manufacturing sector like Fiat, Opel, Toyota, Škoda, Hyundai, Audi, and Suzuki etc. Information on the logistics sector is also included, as growth in the region has led to a major boost in logistics.

For more information visit :
http://www.bharatbook.com/bookdetail.asp?bookid=24225&publisher=

 

 



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