Overseas-based manufacturers will continue to shift more sourcing to North American factories, according to WardsAuto’s latest North American Light Vehicle Production Forecast.
The volume from the import replacement added to this month’s revision increases the outlook for 2014 by 123,000 units, lifting the year to 16.2 million.
That puts the year 3.9% above the 15.6 million light vehicles forecast for 2013, unchanged from a month ago.
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