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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 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%

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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 percent, compared with its previous forecast of 4.4 million units.

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

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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. NADA’s original sales forecast of 16.4 million new cars and light trucks for 2014 was on target. —Steven Szakaly.

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

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Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). JMEV was created in 2015. million units in 2019 and is forecasted to maintain a steady upwards path. With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world.

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CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. million units for 2019.

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Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 from 2015 to 2035 to almost 1.9 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%. billion units.

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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

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In a new report, Electric Vehicle Market Forecasts , Navigant research projects that under its base scenario, global sales of light duty electrified vehicles (i.e., million vehicle sales in 2015 to more than 6.0 Under a conservative scenario, Navigant forecasts more than 5.8 Electric Vehicle Market Forecasts”.

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