article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. —Nigel Griffiths, chief automotive economist, IHS Automotive. million units.

2015 150