Commercial vehicle sales growth will far outperform passenger car sales in Spain in 2017, growing by 4.1%. The commercial vehicle segment will be bolstered by a combination of rising construction and retail sector activity as well as a rising need for the replacement of Spain's ageing commercial vehicle fleet.
The Spanish government's decision to continue subsidising the electric vehicle segment in 2017 with a refreshed purchasing subsidy program will encourage only mild gains for the segment. The new program offers only a marginal increase in total funding and also fails to address vehicle charging infrastructure needs in the market.
Norwegian car sales will expand 2.5% in 2017 driven by an improving economic picture underpinned by improving consumer confidence levels, an improving labour market, weak inflationary pressures and low interest rates.
A member of our Client Services team will be in touch soon to arrange a convenient time for a free demonstration of the service. If your enquiry is urgent, please email our team here.
Thanks, BMI Research