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Ford CEO Fields elected to IBM Board of Directors

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The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. Mark led the highly successful transformation of his company in a competitive industry where technology has driven innovation. —Ginni Rometty, IBM chairman, president and CEO.

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

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in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. The year preliminarily closed with 5.34

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The new reality is a much more challenging future in terms of planning, financing and predictability. The challenge now is to implement gigatonne scale reductions across the economy, in power generation, energy efficiency, transport and industry, as well as REDD+ in forested nations. —PwC report.