Netherlands Autos Q1 2019
The Dutch passenger vehicle segment's growth will weaken quite substantially in 2019 as the country's economicgrowth cools and the passenger vehicle consumer base grows increasingly satisfied. We believe that consumers' demand for newvehicles has largely been satisfied following the acceleration of their intended vehicle purchases leading up to the effective date ofthe new WLTP. We forecast that the Netherlands' vehicle sales growth will slow to 1.3% in 2019, down from an 8.2% expansionestimated for 2018. Thereafter we believe that the market will remain relatively flat over the remainder of our 2019-2027 forecastperiod, averaging annual growth of only 2.6%.
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