Motor Vehicles: Europe

Motor Vehicles: Europe

This report forecasts to 2020 and 2024 motor vehicle production, new retail sales, and parc in units in Europe. Total production, new retail sales, and parc are segmented by type in terms of: light vehicles, and medium and heavy vehicles.

To illustrate historical trends, total production, new retail sales, and parc, as well as the various segments, are provided in annual series from 2009 to 2019.

Estimates for 2020 were developed using a combination of partial-year source data through April 2020 (when available) and a proprietary model that estimates monthly or quarterly trends for the remainder of the year. Partial-year estimates were then aggregated to form full calendar year projections, which were refined based on industry-expertise and the expected impact of macroeconomic events through May 2020.

Projections account for the reoccurrence of the novel coronavirus during cold weather seasons later in 2020, but the second-wave of COVID-19 infections is not expected to be equal or close to the size or scale of the initial outbreak and its related economic effects.

Other forms of motorized transport equipment, such as all-terrain vehicles; bicycles; military armored vehicles and tanks; motorcycles; off-road agriculture, construction, and mining equipment; race cars; snowmobiles; and parts are excluded from the scope of this report.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report items by page is available in the Table of Contents.