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

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units.

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