article thumbnail

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

Green Car Congress

IHS analysts are also looking ahead to 2016 and still expect some growth in light vehicle sales next year, though just about 3 percent, to 24.2 IHS also expects less of a correction in dealer inventories in 2016, which is exaggerating the current wholesale vehicle sales decline. million in 2018. million units.

Light 150
article thumbnail

IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. years in 2016 but not reach 11.7 until 2018.

2015 150
article thumbnail

UK unveils new plan to cut NO2; sale of new conventional gasoline and diesel cars to end by 2040; focus on local action

Green Car Congress

In 2018, the Government will publish a comprehensive Clean Air Strategy which will address other sources of air pollution. billion which may be invested in cycling and walking from 2016-2021. £1B The Government expects Local Authorities to produce draft plans in eight months and final plans by December 2018.

Gasoline 150
article thumbnail

Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

This could be applied in two phases: first to all new car models in 2016, and then second to all cars in production after 2018. Again this could be applied in two phases; first to all new car models after 2018, and then to all cars in production after 2020. 94 & 95 or FMVSS 208 & 214) to all their new models from 2016.

2020 150