IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth
Green Car Congress
FEBRUARY 3, 2015
in 2014 as a result of industrial overcapacity and weakness in the real estate sector. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs.
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