Europe Autos Q3 2019
Europe's new vehicle market will weaken in 2019, contracting by 0.8%, according to our forecast which we have reviseddown from 1.1% growth previously. Markets outside of the core Western European countries, which drove growth in 2018, will havemuch weaker sales in 2019, leaving major markets such as Spain, France and Germany to prop up growth. Scandinavia will be anunderperforming sub-region as high household debt holds consumers back from making big purchases.
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