article thumbnail

Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. over the whole year 2008. At the same time, average engine size and power fell from 1,706cc (whole year 2008) to 1,635cc, and 86kW (whole year 2008) to 82 kW.

2009 150
article thumbnail

Opinion: Global Oil Supply More Fragile Than You Think

Green Car Congress

But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. Shale production has surged in recent years, but it could be a fleeting phenomenon. That is no longer the case. Today OPEC has only 1.6

Oil 150
article thumbnail

EEA Report: Trends in European Transport Are Heading in the Wrong Direction

Green Car Congress

Between 1995 and 2006 car ownership levels in the EU-27 increased by 22% (equivalent to 52 million cars, equivalent to the entire fleet of the UK and Spain combined), and passenger car use increased by 18%. TERM 2008: indicators tracking transport and environment in the European Union. ( Transport at a crossroads.