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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

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Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. Source: Polk. Click to enlarge. increase in the region this year to 13.7

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