Global Light Vehicle Sales Predicted to Rise 6%

Global new light-vehicle sales this year are projected to reach 76.5 million units in 2011, which would surpass the record of 72 million light vehicles sold in 2010 by about 6%, according to J.D. Power and Associates Automotive Forecasting. In turn, last year’s sales beat the previous record of 70 million, set in 2007, by almost 3%.
(more…)