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

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In Mexico, auto sales stalled through the first seven months of 2014, causing some concern that new tax policies implemented at the beginning of 2014 were hurting auto demand growth; however, motivated by incentives to help spark demand, light vehicle sales grew throughout the second half of the year. million units. million units.

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