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

Green Car Congress

The size of the contraction of the Russian car market remains a significant wild card that will impact the European market throughout the year, according to the analysis, while other countries in the region continue to recover at a rate of 2.5 Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. North America.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

The luxury segment also offers a wide variety of product options for consumers across all segments, ranging from small cars to SUVs. Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years.

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