article thumbnail

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

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million units.

2015 150
article thumbnail

Can green cars solve automotive crisis? The Green Piece

Green Cars News

It has established itself as a firm leader in the green car race thanks to the success of the Toyota Prius and Japanese government ecological perks including tax breaks have helped ease the drop in sales with the Prius topping the sales charts in its home country for two successive months.