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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

Green Car Congress

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. Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. over 2011 volumes to 77.7

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