Remove 2008 Remove Forecast Remove Gasoline-Electric Remove Global
article thumbnail

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. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

Gasoline 269
article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

article thumbnail

Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

Green Car Congress

The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. The latest GFEI research suggests that fuel economy in new light duty vehicles around the world improved between 2005 and 2008 from around 8.1

article thumbnail

Hyundai Motor America Targeting Minimum Average 50 mpg for Lineup by 2025

Green Car Congress

Since becoming the fuel economy leader in the 2008 model year (average 30.9 It leverages Hyundai’s global Blue Drive strategy ( earlier post ), aligning R&D resources at its engineering centers in California, Michigan, Korea, India and Germany to develop more fuel-efficient vehicle technologies. mpg by 2016.

MPG 223
article thumbnail

Ford Unveils Next-Generation Global Focus at NAIAS; Features New 2.0L DI Engine with Powershift Dual-Clutch Transmission for NA Market

Green Car Congress

The new Focus will be one of up to 10 unique models to be built from Ford’s new global C-car platform, which is expected to generate total sales in all regions of 2 million units annually by 2012—a doubling Ford’s 2008 C-car volumes. Earlier post.). For the NAIAS preview, Ford is showing a completely new 2.0-liter

Ford 199
article thumbnail

GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. million units globally) for viability planning purposes. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels.

Chrysler 150
article thumbnail

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

The WCSB crudes that would likely be transported through Keystone XL, are on average more GHG-intensive per MJ of produced gasoline than the current crudes they would displace in the United States—between 2% to 19%, depending on the study and the type of crude used as a reference. Source: Draft SEIS. Click to enlarge. —Draft SEIS.