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
JANUARY 3, 2012
Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% The US market will experience single digit growth, primarily due to the relatively strong year for sales in 2011, and the effects of the weak economy that will continue to impact new vehicle demand through most of 2012.
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