Last year, world car production had jumped 26 percent to 77.8 million units, as it recovered from a carmageddon-induced slump. This year, global car output will see a “sharp slowdown,” if The Nikkei [sub] is to be believed. The Tokyo business paper cites IHS and J.D.Power, both expect only 4 percent growth. The Nikkei however should do some chart studies before writing. (Read More…)
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