The EU-Canada free trade agreement that came into force in September 2017 will act as a boon for both Canadian and European producers. In particular, we highlight Canadian automotive component suppliers and European commercial vehicle producers as the best positioned to profit from the agreement.
Consumer uncertainty and increasingly punitive policy against diesel vehicles will continue to place downside pressure on refined fuel demand in the United Kingdom. This view has begun to manifest itself, with weak new diesel vehcile sales over 2017, with macro-economic factors compounding the negative trend.
Ukraine's vehicle sales segment will experience strong recovery in 2017 and 2018; however, its sales volumes will remain well below its historical highs. Furthermore, the growth that it will experience will be heavily exposed to both political and economic risks, making it very fragile.
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Thanks, BMI Research