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United Kingdom Autos Q1 2019

United Kingdom Autos Q1 2019

Key View:

We maintain our bearish outlook for the UK passenger car sales in 2019, with a forecast of a 2.8% decline to 2.3mn units.This decline will be driven by continued stagnation in consumer confidence, as well as weakness in household spending power dueto a combination of falling household earnings and historically weak savings rates. Furthermore, we believe the reduction of thescope of the government’s EV initiative, new emission standards, and termination of the scrappage scheme will further constrainvehicle sales growth.

Key View
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Industry Risk/Reward Index
Europe Autos Production Risk/Reward Index
Europe Autos Sales Risk/Reward Index
United Kingdom Autos Production Risk/Reward Index
United Kingdom Autos Sales Risk/Reward Index
Regional Overview
Western Europe Autos Overview
United Kingdom Demographic Outlook
Autos Methodology

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