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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2012.

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Former VW boss Herbert Diess elected as chairman of chipmaker Infineon

Teslarati

Diess was part of Infineon’s supervisory board from 2015 to 2020. The Munich-based chipmaker purchased U.S. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. So the ex-VW head has inside knowledge about Infineon. .

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

Green Car Congress

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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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

In a pre-Christmas media event, Ford president and CEO Mark Fields said while 2014 was a good year for the company, 2015 has the potential to be a “ breakthrough year ”. In the United States, more than 65% of ST customers come from outside the Ford brand, and more than 50% of Ford performance vehicle owners’ next vehicle purchase is a Ford.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

Investments in GM’s quality growth will include the opening of five new manufacturing facilities by the end of 2015: four vehicle assembly plants and one powertrain plant. GM will add dealerships and manufacturing facilities in these regions, including plants in Wuhan and Chongqing by the end of 2015.

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