IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016
Green Car Congress
SEPTEMBER 11, 2015
IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 million units, reflecting a growth rate over 2014 of just 1.4 percent year-over-year growth.
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