Robust sales have kept profit margins of car producers and suppliers stable, and these are expected to maintain their current level in the coming months.
Most businesses in the automotive sector should be financially resilient enough to cope with some minor volatility in demand or exchange rate fluctuations.
Atradius forecasts insolvencies across advanced markets to fall by 3.0% this year and 2.0% next year, particularly led by an increasingly robust recovery in the eurozone.
GDP growth will decrease in 2017 as sharp inflation increase restrains consumer demand, but in the medium-term the economy should benefit from reforms.
Reforms have been made to diversify the economy by developing manufacturing and providing a favourable investment environment. But stumbling blocks remain.
With the oil price well below its fiscal break-even level of around USD 78, the government still faces the challenge of keeping a tight grip on spending.
La lotta alla burocrazia e la riforma dei sistemi fiscali e di sovvenzione sono necessari per migliorare le condizioni economiche e ridurre l'alto tasso di disoccupazione.
Tackling bureaucracy and reforming the tax and subsidy systems are necessary to improve the economic conditions and to reduce the high unemployment rate.
Producers are looking to take further advantage of low natural gas prices in the US, which enables the significant expansion of methane-based projects.
Profit margins of British chemicals businesses could be negatively affected by domestic economic uncertainty over the outcome of the Brexit negotiations.
The sector records solid growth rates, but caution is advised with smaller fuel wholesalers and stations due to a grey economy in fuel trade in the past.
