Mexican Media Brands
ACEA More Than Doubles Europe Sales Growth Forecast
European auto trade group ACEA now expects sales of new cars in the EU to expand 5% compared with the 2% rate it forecast previously.
#economics
Share
European auto trade group ACEA now expects sales of new cars in the EU to expand 5% compared with the 2% rate it forecast previously.
Last year's sales totaled 12.6 million units, marking the first year-on-year gain in seven years. ACEA notes that sales this year grew nearly 7% in January-May.
The group's 5% growth forecast indicates full-year sales of 13.2 million units, the highest level since the 13.4 million level achieved in 2010.
RELATED CONTENT
-
Inside Ford
On this edition of “Autoline After Hours” Joann Muller, Detroit bureau chief for Forbes, provides insights into what she’s learned about Ford, insights that are amplified on the show by our other panelists, Stephanie Brinley, principal analyst at IHS Markit who specializes in the auto industry, and Todd Lassa, Detroit Bureau Chief for Automobile.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data