1、 November 2021 Economic and Market Report State of the EU auto industry First three quarters of 2021 www.acea.auto 1 CONTENTS EU economic outlook.2 Passenger cars.4 Registrations.4 World.4 The European Union.6 Production.8 World.8 The European Union.11 Trade.12 Imports.13 Exports.14 Commercial vehic

2、les.15 Registrations.15 The European Union.15 Production outlook.20 World.20 Trade.22 Imports.23 Exports.24 COPYRIGHT NOTICE Reproduction of(parts of)this information or related documents is not permitted without the prior written consent of ACEA.Whenever reproduction is permitted,ACEA shall be refe

3、rred to as source of the information.www.acea.auto 2 EU ECONOMIC OUTLOOK Global supply-chain disruptions will continue to restrain economic activity in the coming months.Despite these headwinds,the economy of the European Union is expected to continue to grow this year according to the European Comm

4、issions latest forecast.GDP growth in the EU is projected to be 5.0%in 2021,as consumer spending will continue to provide support,fuelled by excess savings accumulated during the lockdown period.Over the coming two years,the EUs GDP is set to further increase but at a moderate pace:4.3%in 2022 and 2

5、.5%in 2023.With the relaxation of COVID-related restrictions,labour market conditions have improved so far in 2021.Although employment in the EU is still below pre-pandemic levels,unemployment is projected to decline more rapidly than expected.The European Commission forecasts the EU unemployment ra

6、te to decrease from 7.1%this year to 6.5%in 2023.After staying low for years,inflation in the European Union is set to remain above 2%this year and next,largely owing to the strong effect of higher oil prices.In 2023,inflation should then lower again to 1.6%,as energy prices are expected to graduall