NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Includes 3 FREE quarterly updates
Central and Eastern European markets will be the strongest performers heading into 2017, with key Western European states such as Spain and the UK providing some of the biggest risks.
- Vehicle sales growth forecast for 2016 has been revised up slightly to 4.6% from 3.4% previously, with higher growth expected in both the passenger and commercial vehicle segments.
- We now forecast a short-term decline in UK sales as a response to eroding consumer and business confidence and rising prices on the back of a weaker currency after the EU referendum.
- Central and Eastern European states will be the outperformers, in line with our global view of merging markets over developed markets heading into 2017.
The Europe Autos Report features the latest data and forecasts covering production, sales, imports and exports and provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market.
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