IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016
Green Car Congress
SEPTEMBER 11, 2015
Recent sales data—when combined with the slump in the Purchasing Manager’s Index and currency devaluation in early August, as well as the summer stock market rout—suggests a significant rebound in light vehicle sales is unlikely in the coming months. million in 2018. percent, compared with its previous forecast of 4.4
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