PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

CEE Region Becoming Increasingly Attractive for Automotive OEMs Finds Frost & Sullivan - If current trends persist, more cars will be made, sold and exported by CEE countries the coming years
CEE Region Becoming Increasingly Attractive for Automotive OEMs Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/09/09 - If current trends persist, more cars will be made, sold and exported by CEE countries the coming years.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

A still avid demand for light vehicles, better export opportunities, relatively low labour costs, a well-developed logistics infrastructure and the presence of leading local automotive suppliers make the CEE region attractive for investors. For its part, Russia can expect dynamic growth in the light vehicle sector if the economic situation improves. Ultimately, however, both in CEE and in Russia, market growth will hinge largely on the recovery of the car loan market.

New analysis from Frost & Sullivan (automotive.frost.com), Russian and CEE Automotive Industry Outlook, finds that light vehicle sales in CEE reached 1.5 million passenger cars and light commercial vehicles in 2009. This is expected to further increase to 2.5 million units by 2015. The Russian light vehicle market reached 1.5 million units in 2009, and will likely reach 3.5 million by 2015. The regions covered in this research service are Czech Republic, Bulgaria, Slovakia, Romania, Slovenia, Poland, Hungary, Turkey, Russia and Ukraine.

"CEE countries, especially Turkey, Poland and the Czech Republic, should see a significant rise in new car sales in the mid- to long-term as personal incomes increase and auto loans become more readily available," says Frost & Sullivan Research Analyst Vitaly Belskiy. "Although still mired by the economic downturn, the Russian market is nevertheless attractive in terms of its sales potential."

Competition will also step up as countries like Bulgaria and Romania enter the arena, offering improving business environments and lower labour costs than Poland, Slovakia or the Czech Republic. The new entrants must however, improve their supplier and logistics networks to be competitive in the long term.

Dynamic development of each country's key competencies in strategic automotive segments like R&D and telematics combined with sustainable government support will enhance CEE countries' position as European automotive production hubs.

"Developing comparative strategies based on innovation and focusing on the production of high value-added products becomes crucial for maintaining a long-term competitive position," concludes Belskiy.

If you are interested in more information on this study, please e-mail Monika Kwiecinska, Corporate Communications, at monika.kwiecinska@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.

Russian and CEE Automotive Industry Outlook is part of the Automotive & Transportation Growth Partnership Services programme, which also includes research in the following markets: Russian Logistics Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Russian and CEE Automotive Industry Outlook / M5BA

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


CEE Region Becoming Increasingly Attractive for Automotive OEMs Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Monika Kwiecinska 
+48 22 390 4127 monika.kwiecinska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

NEOPLAN Tourliner Wins iF Design Award 2017
Field Testing the New MAN Six-cylinder Naturally Aspirated Engine for Cogeneration Systems
Turkish Medium- and Heavy-duty Truck Manufacturers to Increase Production Volumes and Quality to Meet Evolving User Demands Finds Frost & Sullivan
MAN Truck & Bus Begins Selling The TGE
MAN Joins CharIN
Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan
Disruptive Impact of Global LNG Trade Fuels Growth Opportunities in the Medium-heavy Duty CNG and LNG Truck Market Finds Frost & Sullivan
Positive Outlook for the Indonesian Automotive Market Reports Frost & Sullivan
Fully Autonomous Vehicles Spur LIDAR Sensors Mass Adoption Finds Frost & Sullivan
Vehicle Financing Market - New Business Strategies Steer Rapid Growth Opportunities Finds Frost & Sullivan
Latin American OEMs Focus on Advanced Automotive Features to Trigger New Growth Opportunities Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)