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Europe: ACEA forecasts 2.1 percent climb for car sales in 2015

Europe: ACEA forecasts 2.1 percent climb for car sales in 2015

The European Automobile Manufacturers Association (ACEA) presented its early on full-year new car registration forecast, with the expected growth of 2.1 percent being slower than the overall pace seen last year. IHS Automotive conducted a full research report on behalf of ACEA and its findings indicate deliveries should expect growing […]

Forecasters expect the U.S. car market to reach 14 million in 2012

Forecasters expect the U.S. car market to reach 14 million in 2012

Forecasters expect higher auto sales in 2012 in the United States due to new products, rising employment, better credit availability, and the need to replace aging vehicles. Sales predictions from 11 independent analysts range from 13 million light vehicles (Wells Fargo Securities) to 14 million (Morgan Stanley). The average outlook […]