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An Uneven Road For European Auto Sales Mar 06 Product Image

An Uneven Road For European Auto Sales Mar 06

  • ID: 1710702
  • March 2006
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • BMW AG
  • Daimler AG
  • Fiat SpA
  • Ireland (Republic of)
  • Peugeot S.A.
  • Renault S.A.
  • MORE

Abstract
Consumer demand fundamentals are moderately supportive for European auto markets in 2006, with the exception of the U.K., where factors such as high household debt levels and a rising tax burden are likely to weigh on new registrations. Beyond 2006, long-term demographic stagnation will curb potential growth in the auto market, although its initial effects will be uneven, as populations continue to expand in countries such as Spain and Ireland, and incomes in the poorer EU members catch up with the rest. The European passenger car market declined by 0.7% in 2005. The EU-15 and European Free Trade Association countries posted only a slight decline of 0.2% and 1.6%, respectively, but sales in the new EU-10 member countries, which showed...

Companies mentioned in this report are:
- France (Republic of) (Unsolicited Ratings)
- United Kingdom (Unsolicited Ratings)
- Renault S.A.
- Spain (Kingdom of)
- Germany (Federal Republic of) (Unsolicited Ratings)
- Italy (Republic of) (Unsolicited Ratings)
- Daimler AG
- Ireland (Republic of)
- Fiat SpA
- Peugeot S.A.
- Volkswagen AG
- BMW AG

Standard and Poors RatingsXpress Credit Research READ MORE >

- France (Republic of) (Unsolicited Ratings)
- United Kingdom (Unsolicited Ratings)
- Renault S.A.
- Spain (Kingdom of)
- Germany (Federal Republic of) (Unsolicited Ratings)
- Italy (Republic of) (Unsolicited Ratings)
- Daimler AG
- Ireland (Republic of)
- Fiat SpA
- Peugeot S.A.
- Volkswagen AG
- BMW AG

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