IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth
Green Car Congress
FEBRUARY 3, 2015
million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.