Keyword/Image Search
AI Navigator
login
Customized aggregation
Company Info
Our Services
Service Fees
Register New Users
Help & Guide
GlobalData European Passenger Car Sales Update (January 2025)
2025/02/12
Table of contents
-
Summary
-
Commentary
Summary
- Although 2024 finished on a positive note, with the PV selling rate for Western Europe improving to over 13 mn units/year in December, the opening month of 2025 has started on a somewhat more modest footing. The selling rate for January 2025 is estimated to be 11.6 mn units/year, and the latest result puts the market around the same level as the annual results in the last couple of years. In volumes terms, the year-on-year (YoY) performance for last month stood at -2%.
- The environment for selling new cars in Western Europe appears to be getting more challenging. With US President Donald Trump taking a combative approach to international trade relations, which could well see some ratcheting up of tariffs between the EU and US, this will only drag on the region’s economic activity. Monetary easing should provide some support to the economy, and vehicle purchases, but we have trimmed the outlook for the PV market in the face of stronger headwinds.
This report is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
Related Report File
-
{{ ct_title }}
Loading...
Japan
+81-3-4241-3907
USA
Mexico
Germany
China (Shanghai)
Thailand
India