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Brexit, German and French elections forecast to stall Europe's auto growth

January 07, 2017 05:00 AM

After a robust 2016 surprised most forecasters, the growth of Europe's auto market is expected to slow considerably this year after three consecutive years of strong gains. The negligible increase in annual volume will be caused by an anticipated slump in UK car demand resulting from Britain’s decision to exit the European Union as well as political uncertainty caused by elections this year in two key EU markets.

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