Green Car Congress

SEPTEMBER 11, 2015

IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 percent year-over-year growth.

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Green Car Congress

JULY 29, 2015

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. Looking ahead, IHS forecasts that average age is likely to hit 11.6 until 2018.

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Green Cars News

SEPTEMBER 4, 2009

The car scrappage scheme continues to boost car registrations as sales rose 6.0 Registrations from private buyers and of small cars were again up strongly in August as the scrappage incentive scheme continues to influence the market. However the market performed better than the SMMT had expected in August, turning a forecast 6.0

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Green Car Congress

JULY 15, 2009

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.

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