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Outlook for Light-Vehicle Sales Under A High Oil Price Scenario-United States and Europe
Global Insight projects that oil prices will peak in October before subsiding in the latter half of 2009. But an alternative high oil price forecast has also been developed.
The "High Oil Price Scenario" considers a perfect storm of negative factors that drives the average to $160/barrel in 2010 and eventually $195 by 2012. The price stays there through 2015 and retreats only slowly over the next few years.
How will these high oil prices impact U.S. light-vehicle and West European passenger car sales? Our free white paper, Outlook for Light-Vehicle Sales Under A High Oil Price Scenario, presents light-vehicle sales forecasts for both base-case and high oil price scenarios through 2015.
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