Cetelem’s findings, published by Diário Económico, further revealed that the European average growth in the number of cars leaving showroom floors should be just above the three percent mark.
A total of 105,921 new cars were bought by Portuguese motorists in 2014, with companies responsible for 56 percent of all purchases.
Overall, Cetelem researched trends in 14 countries, and found that after Portugal, the markets with the biggest expected growth were China and the Netherlands with 5.6 and 5.1 percent respectively.
While the financial crisis had a profound effect on the national motor industry, it was found that there has been an increase in the share premium models enjoy here.
According to latest figures, Audi, BMW and Mercedes-Benz are responsible for around one in every four new car sales, with these brands representing an average of 21 percent of sales in the rest of Europe.
Portugal is only behind Germany and the United Kingdom when it comes to the sale of these luxury brands, with shares of 31 and 25 percent, respectively.