Slower, Not Lower: IHS Automotive Forecasting 88.6 Million Unit Global Light Vehicle Market in 2015

SOUTHFIELD, Mich.--(BUSINESS WIRE)--With 2015 off to a good start, IHS Automotive, part of IHS Inc. (NYSE: IHS), forecasts global automotive sales for 2015 to reach 88.6 million, an increase of 2.4 percent over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year.

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