European Auto Market Growth Set to Slow as Car-Sharing Expands

  • Sales reached six-year high of 14 million autos in 2015
  • Uber rides, BMW, Daimler car-sharing offer options to drivers

Europe’s auto market, which reached a six-year high in 2015, is unlikely to beat its 2007 record any time soon as population growth fades and car- and ride-sharing services such as Uber Technologies Inc. offer increasing alternatives to owning a vehicle.

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