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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 analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% over 2011 volumes to 77.7 million vehicles. Source: Polk. Click to enlarge.

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