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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% North America.

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

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

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The analysis addressed every aspect of the vehicle and fuel life cycles, including manufacturing, end-of-life disposal (recycling and scrappage), and vehicle operation, as well as fuel feedstock production and transportation, fuel production, and fuel distribution. Low-volume production is represented by black diamonds. Click to enlarge.

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UK AA president says millions of second cars could be electric

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Another AA Populus poll with 28,265 respondents taken in May 2015 points to a readiness to move away from traditional fuels. Financial incentives could help the change in mind-set, such as a scrappage scheme tailored (by size, age and cost at new) to replace the second car with an electric vehicle.

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