A victory for Angela Merkel's CDU party in Germany's federal elections will see a tougher stance taken against carmakers with a push for more innovation to tackle pollution. However, while standing by the 2020 goal for having 1mn EVs on the road, Merkel will not take the route of EV quotas favoured by the SPD.
The political dividends from the EU-Japan FTA Political Level Agreement signed on July 6th are the immediate benefits the two sides can reap. It enables Japan and the EU to head into the G20 meeting with a tangible commitment to free trade creating a counter-weight to the US' more polemic stance.
Spain's vehicle sales growth prospects in 2017 have improved as the passenger car market benefits from rising consumer and business confidence, a general uptick in economic activity and borrowing, as well as a booming vehicle rental sector. Sales growth over the full forecast period to 2021, however, will slow as weaker wage increases and slower economic growth drag on demand
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Thanks, BMI Research