Quote |
"The heavy duty vehicle market is definitely a much bigger
market, much better, and much more profitable market for all of us." |
| Read the CEAR™ to find out more about this opportunity. |
Auto Quotes
| July 1998 Quote |
"For instance, from the Czech Republic last year we imported [parts valued at] around 30 million forints ($141,000). This year, it will be more than 1 billion forints ($4.72 million). This is a very strong development." Dr. Frigyes Banki, Deputy General Manager, Magyar Suzuki |
| June 1998 Quote |
| "Generally in Poland, debt defaulting
is very good with private customers -- only around 1% of all loans are defaulted.
Customers seem to regard it as an obligation to repay debt." "In 1997, it's estimated that 60% of all new vehicle sales [in Poland] had some form of financing involved. This has grown from about 35% in 1995." Dr. Olaf Neitzsch, President, Ford Bank Polska |
| May 1998 Quote |
| "We expect to be producing over
500,000 windscreens in the year 2000. Suffice it to say, we will be supplying Ford, GM,
Daewoo, and Fiat in the future with windscreens and we will greatly increase the supply of
side windows and rear windows." Ryszard Jania, Pilkington Automotive Poland |
| April 1998 Quote |
| "I'm a tier one supplier to the auto
industry and it's very tough for me to find a tier two supplier. Very, very tough. And my
buying power here is 50% of my sales. I really wish some tier two suppliers could hear
this message and do something in Central Europe. And, sure, I can't buy everything
locally, but 50% of half of my sales is still millions of deutsche marks. There's enough
business here to build up a healthy company. The company could be anywhere -- Slovakia,
Poland, Hungary -- it doesn't matter. But I wish they would hear my message. There are a
lot of opportunities here." Peter Doll, Managing Director of a Tier I Supplier in Slovakia |