The ACEA Economic and Market Report for the fourth quarter of 2016 and March 2017 provides an overview of the European automotive industry. The report highlights the EU economic outlook, passenger car sales, and production. The report states that the EU automotive industry is expected to continue its growth in 2017, with passenger car sales projected to increase by 2%. The report also provides information on registrations, fuel type, diesel penetration, and trade. It notes that diesel cars still dominate the market, accounting for 70% of registrations in the EU. The report concludes by stating that the EU automotive industry remains competitive, with exports expected to increase by 3% in 2017.
