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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. during the global recession in 2008/2009. Europe autos demand for 2020 is set at 15.6 IHS Markit forecasts 2020 US auto sales to be 14.4 million units. year over year.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

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From 2008-2013, however, the increase was 12.2%. This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% From 2018-2019, the average age of passenger cars increased 2.2% million (2.2%) since 2018. growth in 2016.

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2012 Detroit Auto Show: Green Car Preview--Production Models

Green Car Reports

Next week's Detroit Auto Show promises to be the busiest and most influential in several years. With the auto industry continuing to recover slowly from its 2008 meltdown and Chinese sales rising, both U.S. and overseas automakers will launch new models and show off gleaming concept cars. The largest.

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All Western European Countries Will Have CO2-Related Car Taxation This Year; European Auto Industry Urges Harmonization of Schemes

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The number of EU countries with CO2-related car taxation rose to 15 in 2008. In 2008, motor vehicle taxes in the EU 15 added up to €378 billion (US$501 billion) or 4.1% The European car industry urges EU governments to show more resolve in harmonizing car taxation schemes.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

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Plug-in hybrids dominate market penetration in 2025 under CAR scenario IV (62 mpg CAFE standard). Source: CAR. The CAR report, the US Automotive Market and Industry in 2025 , relies on technology and market forecast data from the National Research Council (NRC) and J.D. the 2008 model year fuel economy ratings.

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IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

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years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. Registrations for light VIO, including cars and light trucks (SUVs/CUVs as well) in the US also reached a record level of more than 264 million—an increase of more than 6.2 million (2.4%) since last year.

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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

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. Average age for both passenger cars and light trucks increased just slightly in 2015, and both now stand at 11.5 Looking ahead, IHS forecasts that average age is likely to hit 11.6 until 2018.

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