New Market Research Report: United Kingdom Autos Report Q1 2014

In 2013, we forecast passenger car sales to increase 10.0% on the back of modest improvements in private consumption, price cuts from car sellers, and pent-up demand. This bullish outlook for the UK stands in stark contrast to our view on the European passenger car market. Indeed, passenger car sales in much of Europe, particularly the large markets in Western Europe, have declined sharply in 2013, and we expect to see sustained declines in many markets over the year

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