Remove Auto Industry Remove Parts Remove Peru Remove Scrappage
article thumbnail

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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. The year preliminarily closed with 5.34 million units; a 27% decline over 2014 and nearly 40% (1.2

2015 150