Despite some macro shocks, the automotive industry grew to a record size in 2011, with...

|By:, SA News Editor

Despite some macro shocks, the automotive industry grew to a record size in 2011, with forecasted sales growth of 4% this year to 75M units. Eastern Europe reported the fastest growth in sales, followed by South America. The U.S.'s recovering market grew 9% this year vs. China's cooling market, which expanded 5%.