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

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China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. 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.” million units. million units.

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