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

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China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 IHS Automotive experts also expect SUVs to remain the fastest-growing segment in China in 2015.

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