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A total of 96.1 million motor vehicles were produced globally last year – of which almost 78 million represented passenger cars.
Growth was up 14% in China, 2.8% in Europe and 1.6% in North America compared to 2015 results. The fact is that the vehicles awaiting scrapping in the next two decades will see a significant shift from steel to aluminium. ‘More scrap also means intensified competition,’ Recycling International was told during TOMRA’s two-day gathering in Koblenz, Germany.