The ACEA Economic and Market Report for the first quarter of 2017 provides an overview of the economic outlook for the European Union and the passenger car market in the region. The report highlights that the EU economy is expected to grow by 2.1% in 2017, driven by strong domestic demand and a recovery in investment. The passenger car market in the EU also showed strong growth in the first quarter of 2017, with registrations increasing by 8.1% compared to the same period in 2016. The report also provides data on production, trade, and imports and exports of commercial vehicles in the EU. Overall, the report suggests that the EU automotive industry is performing well, with strong demand for both passenger cars and commercial vehicles.
