Industrial Partnerships: restructuring of the auto production apparatus, Green Tech, Page 18
Industrial Partnerships: restructuring of the auto production apparatus | 
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Page content:
Europe
Europe: the market remains depressed, especially in
the south of Europe
New registrations of private cars and light utility vehicles,
(year-on-year change, millions of units)
16.5
The European market is
still 15% below its pre-
16.0
crisis levels
15.5
Continued
15.0
deterioration in the
14.5
Italian and British
markets
14.0
German market
13.5
stabilising
13.0
10% contraction in the
French market
12.5
Dec-05
Dec-06
Dec-07
Dec-08
Dec-09
Dec-10
Dec-11
Dec-12
Jun-07
Jun-09
Jun-11
Jun-06
Jun-08
Jun-10
Sources: ACEA, Euler Hermes forecasts
Jun-12
The European market could post a further 3% to 5% decline in 2012
Copyright Euler Hermes 2011
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