article thumbnail

Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). JMEV was created in 2015. Renault will continue to provide high quality aftersales service for its 300,000 customers through Renault dealers but also through Alliance synergies.

Light 378
article thumbnail

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

Green Car Congress

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 Source: IHS Automotive, September 2015 Light Vehicle Sales Forecast.

Light 150
article thumbnail

NADA forecasts light-duty vehicle sales of 16.94M in US in 2015; 56% trucks and SUVs

Green Car Congress

Low gasoline prices and pent-up consumer demand will combine to drive new car and light truck sales to an estimated 16.94 million in 2015, according to the National Automobile Dealers Association. million new cars and light trucks for 2014 was on target. in 2015, with the potential for growth to exceed that level.

2015 150
article thumbnail

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

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4%

2015 150
article thumbnail

Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

Green Car Congress

The average price of a new light vehicle (including both cars and light trucks) was up to a record $31,790 in 2016, up from the most recent low of $28,243 in 2008. Twenty years ago, prices for cars and light trucks were similar, but car prices have steadily decreased while truck prices have increased.

2016 170
article thumbnail

2015 BCTB, Street-Light Charging Stations, MI Anti-Tesla Law Bashed: Today's Car News

Green Car Reports

We start the week with our 2015 Best Car To Buy, the 2015 Volkswagen Golf range. We''ve also got stories on street lights with integrated electric-car charging sockets developed by BMW, and criticism of Michigan''s anti-Tesla law from the CEO of dealer group AutoNation. All this and more on Green Car Reports.

2015 126
article thumbnail

Volkswagen recalling MY 2015-2016 e-Golfs to update battery management software

Green Car Congress

Volkswagen of America is recalling 5,561 MY 2015-2016 e-Golfs to update the high voltage battery management software. Other vehicle systems like power steering, brakes, lights and airbags remain unaffected as they are powered by the 12V low voltage system.

2016 150