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
JANUARY 3, 2012
Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. As an example, Polk expects Brazil to surpass Germany as 2011 sales results are finalized, and new vehicle sales in India are expected to surpass those sold in Germany in 2014.
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