TOKYO – One of Japan's most influential securities firms is bullish on this year’s global auto sales. Nomura Securities forecasts worldwide auto sales of 61.1 million units, up 4.6% from 58.4 million in 2003. This includes modest increases of 2%, to 17 million in the U.S. market; 1.3%, to 5.96 million in Japan and a 1.8% decline in Europe, to 15.8 million. Japan’s top auto makers have shifted focus to hybrids such as Toyota Prius. The Asia/Pacific region is viewed as the ...
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