1、 March 2024 Economic and Market Report Global and EU auto industry:Full year 2023 www.acea.auto 2 Contents EU economic outlook.3 Registrations.5 Global.5 European Union(EU).7 Production.9 Global.9 European Union(EU).12 Trade.13 Imports.14 Exports.15 COPYRIGHT NOTICE Reproduction of(parts of)this inf

2、ormation or related documents is not permitted without the prior written consent of ACEA.Wherever reproduction is permitted,ACEA shall be referred to as the source of the information.www.acea.auto 3 EU ECONOMIC OUTLOOK Following robust post-pandemic growth,the EU economy slowed down last year,with r

3、eal GDP barely rising in the first three quarters of 2023,achieving only a modest 0.5%increase.The European Commission has revised the EUs growth outlook for 2024 to 0.9%(from 1.3%in the Autumn forecast),while economic activity is expected to expand by 1.7%in 2025.According to the latest forecast fr

4、om the European Commission,EU inflation stood at 6.3%in 2023 and is projected to decrease to 3%in 2024 and to a further 2.5%in 2025.The decline in consumer energy prices has played a significant role,and recent months have seen a broader moderation in inflation,indicating a reduction in price pressu

5、re.Despite the slowdown in economic growth in 2023,the EU labour market has remained robust.With expectations for continued employment growth,unemployment rates are anticipated to remain stable and close to their record low at 6%.Table 1:EU economic forecast Key figures 2023 2024 2025 GDP(%)(%)0.5 0

6、.9 1.7 Inflation(%)6.3 3.0 2.5 Unemployment(%)6.0 6.0 5.9 SOURCE:EUROPEAN COMMISSION ECONOMIC FORECAST,WINTER 2024 www.acea.auto 4 Figure 1:EU GDP growth for 2023,by country SOURCE:EUROPEAN COMMISSION ECONOMIC FORECAST,WINTER 2024 www.acea.auto 5 REGISTRATIONS GLOBAL 2023 global car sales rebounded