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J.D. Power: types of new LDVs purchased and profile of buyers are changing rapidly; increase in financially less-qualified buyers

Green Car Congress

While sales of new light vehicles in the United States continued at a brisk pace in March 2012, the types of vehicles being purchased, as well as the types of buyers and the average transaction price are rapidly changing, according J.D. US new light-vehicle sales in March are expected exceeded 1.4

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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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 IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4

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Draft of EPA Greenhouse Gas Inventory Shows Overall GHG Emissions Down By 2.9% in 2008; Transportation Emissions Down 5.7% in Largest Annual Change Recorded Since 1990

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CO 2 emissions from the US transport sector, 1990-2008. The draft report of the US Environmental Protection Agency (EPA)’s annual Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 shows that in 2008, overall greenhouse gas (GHGs) emissions decreased by 2.9% (206.1 Tg CO 2 in 2008 from 1,893.8 Click to enlarge.

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UMTRI: fuel economy improvements are present throughout the sales-weighted distributions of same MY vehicles

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mpg between model years 2008 and 2014, University of Michigan Transportation Research Institute (UMTRI) researchers Michael Sivak and Brandon Schoettle have documented sales-weighted distributions for the same model year vehicles (cars, pickup trucks, vans and SUVs). In 2008, the corresponding figures were 15% and 5%, respectively.

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Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

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Polish refiner Grupa Lotos bought a one-off test purchase of 2 million barrels of Iranian light crude recently, and Europe has returned as a key destination for Iranian crude. Iran’s oil output rise has been swift since sanctions were lifted on January 16, increasing 740,000 b/d compared with December 2015.

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Western European Passenger Car Purchases Shifted to Higher Share for Small Cars, Lower Share for Diesels in 2009

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in 2008 to 44.9% Average engine size and power decreased, with the average displacement dropping to 1,626 cm 3 from 1,706 cm 3 in 2008, and average power dropping to 82 kW from 86 kW in 2008. lower than in 2008, and 9.5% less than in 2008 and 9.5% less light commercial vehicles and 66.4% Click to enlarge.

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Study Finds Both Unemployment Rate and Fuel Price Influence Buyers Decisions on Fuel Economy of Vehicles Purchased

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From October 2007 to April 2009, the average fuel economy of purchased new light-duty vehicles improved from 20.2 Michael Sivak and Brandon Schoettle also found that while there was a significant negative relationship between the unemployment rate and the number of vehicles purchased, the price of gasoline did not have a major impact.