China central to global industry growth

Global light vehicle sales look set to grow again next year, with Moody's forecasting a 2.5% rise in 2016 from 2015 levels. This would mark a increased pace from the 1.2% rise expected this year. The US should remain a solid contributor to overall growth, helped by continued recovery in Europe and dampened by a slowdown in Japan, but the most pivotal player on the global scene remains China.