Slovakia, the third largest automobile manufacturer in central Europe, is one of the automotive fastest growing in Central and Eastern Europe Region (EEC) in the industry production growing almost twice (93%) in 2007 over the previous year. In percentage terms, the Slovakian automobile industry grew 93.3%. However, the country produces most of its automobiles for export, and this will continue in the future, says the research report market "Slovakia Automobile Sector Analysis".

This report provides a comprehensive review of the reasons for the growth, challenges and market prospects for the Slovakia automotive industry. Provides a detailed overview of the industry segmented into turnover, production, sales, exports and investment, and predicts the future of the industry.

Highlights of Report Number

– The automotive industry is the main engine of the economy Slovak, with the sector representing about 35% of total industrial production in 2007.
– Total production of the Slovakian automotive industry increased much 93.3% and reached 571,071 units in 2007 compared with the previous year.
– Geographic Location of Slovakia and the relatively cheap labor drives its automotive industry.
– Long-term perspective, R & D will play a greater role to increase the chances of sustained growth, once the advantage of Slovakia in terms of labor costs disappears.
– The Slovakian automobile industry is export oriented. In 2007, total exports Car of the country reached 564 billion Slovak crowns (U.S. $ 27.07 billion) compared to 402 billion Slovak crowns (U.S. $ 19.30 million) in 2005.
– The entry of new market players such as PSA and Kia diversify Slovakia's automotive industry and help it to grow further.

Key issues and facts discussed in the Report

– What are the foundations of growth and market prospects of Slovakia automotive industry?
– What is the current statistics of the Slovakia automotive industry?
– Where is the automotive industry in Slovakia is vis-a-vis the industry European car?
– What are the challenges for the industry?
– Who are the key players in the industry?

Key Industry players analyzed in the Report

This section covers key facts about major players currently operating in the Slovakia automotive sector as Volkswagen, PSA and KIA Motors.

Research Methodology Used

Information Sources
The information in this report has been source of books, newspapers, magazines, white papers, industry portals, government agencies, trade associations, industry news monitoring and developments and through access to over 3000 paid databases.

Analysis Method
The analytical methods used in the report include ratio, analysis of historical trend analysis, judgmental forecasting and cause and effect analysis.

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