Cars and Commercial Vehicles - UK - July 2018
“The cars and commercial vehicle market contracted in 2017 amidst political and economic uncertainty and the decline of diesel. This followed two years of bumper sales and production. Last year’s slump was underpinned by low domestic demand, which fell in line with wavering business and consumer confidence.
Nonetheless, there remain clear pockets of growth, with strong growth in the alternatively-fuelled vehicle sector and luxury exports, particularly in North America and the Far East. However, the market is expected to weaken further in 2018 due to economic pressures, subdued investment and the need for the UK to reposition itself in the global trade arena.”
– Marco Amasanti, B2B Analyst
This report looks at the following areas:
Brexit and potential trade barriers
Demonisation of diesel
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