The ACEA Economic and Market Report for the second quarter of 2016 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 1.7% in 2016, with a slight increase in 2017. The passenger car market in the EU is also expected to grow, with registrations expected to increase by 2.4% in 2016. The report also provides data on production, trade, and imports and exports of passenger cars and commercial vehicles in the EU.