07
Dec
12:14
Global vehicle sales seen growing 1-3% in 2016
Fitch Ratings forecasts global new vehicles demand to grow 1-3% on-year in 2016, despite economic weakness in a few large emerging markets, while auto industry capital expenditure will rise gradually.
Sales in China are expected to remain at mid-single-digit levels in 2016 – after having stagnated since the second quarter of 2015 – supported by reduced taxes on certain vehicle purchases and recovering consumer confidence.
Fitch expects US annual a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous