IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth
Green Car Congress
FEBRUARY 3, 2015
China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2
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