article thumbnail

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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” The year preliminarily closed with 5.34

2015 150
article thumbnail

Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

Green Car Congress

Carlos Ghosn, Chairman and CEO of the Alliance, described the partnership as “ one of the most productive in the auto industry. ”. The truck will be built by Nissan in the Renault plant in Cordoba, Argentina, along with the Nissan NP300 and a Renault 1-ton truck, for Latin America.

Nissan 150