Press Release

European New Car market sales expected to decrease by more than 7%

March 31st, 2010

Global Information would like to present a new market research report, "European New Car Market: From Recession to Recovery" by Datamonitor.

According to Datamonitor: "In 2010, the larger markets of Western Europe and few other markets, which in 2009 witnessed an increase of sales, are likely to go down". Overall, new care sales across 30 markets in Europe are anticipated to go down by over 7%. However, sales of luxury and premium vehicles in the new car European market are projected to rise. The new cars market share of diesel cars is expected to increase as well.

Included in this report:

  • Discussion of new car sales in various European regions during the economic downturn
  • Scrappage schemes  are they really beneficial for automotive industry and society at large?
  • Analysis of new car buying habits of customers during recessions and how long will these new behavior trends last?
  • How will new buying habits shape the future of new car industry dynamics?
  • New car market outlook between 2010 and 2015 for different European regions

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 116295