Industry Trend Analysis - Western Europe's Two-Speed Vehicle Market - JUNE 2017


BMI View: Divergence in vehicle sales growth amongst Western European countries will strengthen in 2017 as Germany, Austria and the Nordic countries benefit from rising consumer confidence while other Western European markets suffer from weak or declining consumer sentiment.

In our latest regional overview for Europe, we forecast European vehicle sales to increase 2.4% in 2017 and we highlight a growing divergence in vehicle market growth rates in developed, Western European markets. While Germany, Austria and Nordic countries benefit from strengthening consumer confidence and purchasing power, other markets in Western Europe will see consumer confidence continue to dip or stagnate, leading to slower growth or even declines in sales.

Western Europe Divided

Shine Coming Off The European Growth Story In 2017
Europe (Region) - Vehicle Sales Forecast, Units
f = BMI forecast. Source: National sources, BMI

This article is part of our Emerging Europe coverage. To access this article subscribe now or sign up for free trial