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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

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years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. 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. As of Q1 2015, the average length of ownership for a new vehicle is 77.8

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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Ceres: national fuel economy and emissions standards can increase viability of domestic automakers and suppliers

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The pent-up demand from the 2007-2009 Great Recession, and record 2015 and 2016 sales, has been largely satisfied. Even so, current auto sales and profits remain strong. Fuel economy standards drive innovation in the advanced technologies that will enable the domestic industry to thrive in this era of disruption.

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Honda FCX Clarity fuel cell limousine service comes to Narita Airport

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HySUT was founded in July 2009 with the aim of establishing hydrogen supply infrastructure and to improve hydrogen business environment. HySUT today has 18 companies/associations (including auto industry) carrying on the phase 1 (FY2009-2010) and the phase 2 (FY2011-2015) studies under the name of HySUT.

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The Long View from SAE 2009 World Congress

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On 20 April, the opening day of the SAE 2009 World Congress, the AVL Technology Leadership Theater presented a forum on “Green Mobility—The Long View”. the session counted among its panelists: Professor John Heywood, Sun Jae Professor of Mechanical Engineering and Director of the Sloan Auto Laboratory at MIT. by Bill Cooke. 8.6 / 10.6.

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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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This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% growth set in 2015. The recession created an acceleration beyond its traditional rate due to the nearly 40 percent drop in new vehicle sales in 2008-2009. months, more than 1.5

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Nikkei Editorial Urges Japan to Match US, China EV Moves

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At the end of 2009, Beijing announced a target of increasing the share of electric cars in overall domestic production to 10% in 2015. One is the tough new fuel economy rules the US administration of President Barack Obama will introduce in 2012.The

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