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Automotive market on road to recovery

from Reinforced Plastics

The U.S. automotive industry is on track for recovery and new vehicle sales in China are booming. In Europe, the picture is not quite so promising, although some companies are registering good growth. Pent up retail demand for new cars and trucks in North America is giving the automobile market a lift. Consulting firm AT Kearney predicts that U.S. light vehicle sales will move back to historical levels (about 16 million) by 2012. more

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