Automotive Industry:Europe: Difference between revisions

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New car registrations are expected to increase by around 5% in 2023. If achieved, this would put registration volumes broadly on a par with 2020, but still far below the 13 million units recorded prior to the pandemic in 2019.<ref>https://www.acea.auto/files/Economic-and-Market-Report_Full-year-2022.pdf</ref>
New car registrations are expected to increase by around 5% in 2023. If achieved, this would put registration volumes broadly on a par with 2020, but still far below the 13 million units recorded prior to the pandemic in 2019.<ref>https://www.acea.auto/files/Economic-and-Market-Report_Full-year-2022.pdf</ref>


== Market Share ==
== Market Share Challenge ==


=== <big>Moody's August 2023</big> ===
=== <big>Moody's August 2023</big> ===
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[[File:Screenshot 2023-09-07 113242.png|center|thumb|734x734px|https://www.bcg.com/publications/2023/european-auto-industry-is-under-pressure]]
[[File:Screenshot 2023-09-07 113242.png|center|thumb|734x734px|https://www.bcg.com/publications/2023/european-auto-industry-is-under-pressure]]


'''Three Future Scenarios'''
[[File:Screenshot 2023-09-07 121926.png|center|thumb|709x709px|https://www.bcg.com/publications/2023/european-auto-industry-is-under-pressure]]
<u>Economic consequences of each scenario</u>


== Future Macro Risks ==
== Future Macro Risks ==