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Will US auto industry simply succumb to China over electric cars?

Green Car Reports

auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 For a century, the U.S. million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S.

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Auto Industry Doing Fine In Meeting Gas-Mileage Goals, It Turns Out

Green Car Reports

The auto industry came very near to the precipice in 2009, and it agreed to significant new regulations to enable it to step back from the brink. Now, it turns out that it''s not only meeting, but actually beating, the required reductions in emissions. That means that, according to the U.S.

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Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends

Green Car Congress

The auto industry in principle is not opposed to the introduction of such mid-level blends (i.e., Mid-Level Blend Ethanol: Challenges, Opportunities & Testing Follow Through (Joint IEPR and Transportation Committee Workshop on Transportation Fuel Infrastructure Issues, April 2009). Earlier post.) Earlier post.).

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

since 2009, bought greater than 100,000 automobiles in Europe closing generation and says it recently has greater than 800 distribution issues at native automotive sellers throughout Europe and the United Kingdom. MG, the legacy British emblem owned through China’s SAIC Motor Corp. “But it’s not impossible.”

Chinese 52
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Hyundai Mobis to invest $926M in EV systems plant in Georgia

Green Car Congress

Hyundai Mobis has operated a manufacturing facility with almost 1,200 employees in West Point since 2009 as the largest Tier 1 supplier to Kia Georgia. Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry.

Georgia 186
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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. Europe autos demand for 2020 is set at 15.6

Gasoline 269
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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.