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J D POWER 2009 FORECAST.
By Christopher | January 9, 2009
J.D. Power www.jdpower.com cut its 2009 western European auto market forecast by 600,000 units on Wednesday following a bleak December sales month and now sees volumes down 16 percent for the full year to levels last seen in 1993. The automotive forecasting arm of J.D. Power — known for its annual initial quality and vehicle dependability studies — expects sales of just 11.39 million vehicles in western Europe.
Double-digit declines are expected in Italy, while Spain will contract by 25 percent and Germany will slide to just 2.75 million units, “a level not seen since the 1980s,” the forecaster said.
The UK car market is seen plunging “well below” 1.7 million units after 2.13 million in 2008.
Christopher Macgowan
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