The European automobile market: from 11 to 14 million units depending on the scope
- Europe is a region with variable geometry. In order to analyse the importance of this market and its evolution, the data has to linked to a specific given perimeter.
- a) To do this, it is necessary to define the different entities that can be integrated into Europe:
• European Union: 27 countries
• United Kingdom (UK): 1 country
• EAA: 3 countries and EFTA = EAA + 1 country
• Turkey and Morocco (non-European countries but which can be integrated by Inovev into the European economic zone for automobile production: EEZ)
• Russia
• Ukraine
- b) In these analyses, Inovev takes into account several perimeters, depending on the situation:
• European Union: 27 countries
• European Union + UK: 28 countries
• European Union + UK + EFTA: 31 countries
• EEZ: European Union + UK + EFTA + Turkey + Morocco: 33 countries
• Note that other aggregates exist, such as the Schengen zone and the Euro zone, but are rarely used for automobile analyses.
- This is how, depending on the given perimeter, the European market can vary from approximately 11 to 14.3 million units.