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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. Average age for both passenger cars and light trucks increased just slightly in 2015, and both now stand at 11.5 As of Q1 2015, the average length of ownership for a new vehicle is 77.8 years in 2016 but not reach 11.7

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Ford China to build US$760M assembly plant in Hangzhou; doubles current China passenger car capacity to 1.2M units annually by 2015

Green Car Congress

Ford will invest US$760 million to build a new assembly plant in Hangzhou, China with its joint venture Changan Ford Mazda Automobile (CFMA), adding initial capacity of 250,000 units. When Hangzhou opens in 2015, Ford’s total passenger car capacity in China will increase to 1.2 million units annually, doubling current output.

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Dongfeng Honda to invest US$436M and build 3rd plant in China; accommodation for electrified vehicles

Green Car Congress

Dongfeng Honda Automobile Co., a Honda automobile production and sales joint venture in China, plans to build a third automobile production plant to meet increasing demand from the continuously growing automobile market in China. an export automobile production plant.

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Audi revamps 2015 R18 e-tron quattro Le Mans diesel hybrid racer; 4MJ class

Green Car Congress

In the 2015 FIA World Endurance Championship (WEC) and in the Le Mans 24 Hours as the season’s pinnacle event, Audi will compete with a thoroughly revised R18 e-tron quattro diesel hybrid racer in the 4-megajoule class. 2015 R18 e-tron quattro. In 2006, Audi’s TDI engine debuted at Le Mans, followed by eight victories until 2014.

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Honda President Ito steps down, Takahiro Hachigo to replace him

Green Car Congress

announced that Takahiro Hachigo, currently the company’s Managing Officer, will become Senior Managing Officer effective in April 2015, and will become President, Chief Executive Officer and Representative Director in late June 2015. where he became actively involved in the local development of Honda and Acura automobiles.

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New Audi CEO setting up Artemis project for accelerated development of vehicles; highly efficient EV

Green Car Congress

Two months after taking office as the new CEO at Audi, Markus Duesmann is establishing a unit for the accelerated development of additional automobile models. Under his leadership, the first Formula 1 engine with a speed range of up to 20,000 rpm was created in 2006.

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BYD Han & Tang form reached one millionth supply milestone

Baua Electric

The primary era Tang DM type was once born on January 2015. This marked the start of BYD’s fresh power automobile advance. BYD Han and Tang one millionth supply rite in China Sum Up BYD was once based in February 1995, however didn’t input the automobile trade till 2003.

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