- French car manufacturers were the first Europeans, along with Italian manufacturers, to relocate part of their production to Eastern European countries. It should be remembered that Poland, the Czech Republic, Slovakia and Hungary joined the European Union in 2004, and that Slovenia, Romania and Bulgaria joined in 2007. But the first relocations date from the 1990s, when these countries broke away from the grip of the Soviet Union.
- Between 2005 and 2015, the establishment of French manufacturers (Renault, PSA) was preponderant in these countries, but since 2015 we have witnessed a rise in power of German manufacturers (Volkswagen, BMW, Mercedes) whose establishment has become predominant in recent years. These now represent 37% of production in this region, while French manufacturers only produce 29% of this production there. And this figure includes since 2021 the Fiat-Chrysler group.
- The French and German manufacturers were joined from 2007 by the Korean manufacturers (Hyundai-Kia) which today account for 17% of the production in these countries.
- Japanese manufacturers are weakly established in this region, which is nevertheless famous for the low cost of labor, since only Toyota produces cars in the Czech Republic and Suzuki produces them in Hungary. These manufacturers together produce only 8% of the region's production in 2022. Finally, an American manufacturer, Ford, produces in Romania and produces 7% of the region's production, which represents 25% of European production as a whole.
Contact us: info@inovev.com