Five Critical Challenges Facing the Automotive Industry
is expected to hold steady at 6.5% in 2015 and 2016, down from 7.4% in 2014, according to IHS Economics. Car sales in China are estimated to surge to 30 million units in 2020, up 30% from 23.1 million in 2014. In comparison, the North American market is estimated to generate a scant 2-3% growth during the same period. ................
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