Steady Growth Could Outperform The Region

The Slovakian motor industry is set to have a relatively positive 2012. BMI forecasts that production growth will slow in 2012 to 4.75% from 6% in 2011, which is a reduction from the original forecast of 12% growth, but in the context of an increasingly dire European economy this growth is to be welcomed. BMI believes that 590,000 vehicles will be produced in 2011 and 618,371 will be produced in 2012. This is of course contingent on significant economic shocks being avoided, but the Slovakian industry is fundamentally strong.

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