Cars in Europe: The British Exception


European car sales reached the highest level in a decade topping the 15 million mark in 2017. Almost every market supported the robust performance but the UK. We project the decline in the British car market will continue in 2018 with -6% in registrations. Brexit uncertainty, confusion over diesel taxation, and air quality plans are likely the main culprits. As a consequence, the EU would see a moderate +2% rise in sales in 2018 after +3.4% in 2017.