The ACEA Economic and Market Report for the first quarter of 2018 provides an overview of the economic outlook for the European Union and the passenger car market in the region. According to the report, the EU economy is expected to grow by 2.4% in 2018, with a slight downward revision from the previous forecast of 2.5%. The report also highlights the strong performance of the passenger car market, with registrations in the EU increasing by 5.1% in the first quarter of 2018 compared to the same period in the previous year. The report further breaks down the registration figures by fuel type and provides data on production and trade in the passenger car market. Overall, the report indicates a positive outlook for the EU automotive industry in the first quarter of 2018.
