- The UK car market had declined significantly between 2007 and 2011, following the financial crisis. Which is why, the continued growth of this market recorded since 2012 (10% in 2013 and 10% in 2014), can be considered as a simple catch up, since the expected levels in 2014 (2.7 million units) will be close those of 2007, no more no less.
- The growth of the automobile market should certainly be lower in 2015 (2.4% according to Inovev), but there will be no decrease as one might have imagined last year. Indeed, there is currently no signs of such a scenario. Moreover growth forecasts for the United Kingdom (+2.7% in 2015) do not indicate any short term slowdown for this economy mainly based on loans.
- In this context, the sales volume of PC +LUVs is expected to exceed 2.7 million units, making it the second largest in Europe behind Germany. Let us recall that in the UK, only a small proportion of PC are purchased by individuals.
- The UK is the country that imports the most vehicles in the top five European markets: in 2014, 88% of vehicles sold in the UK were imported from abroad.
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