Remove 2016 Remove Dealers Remove Global Remove Scrappage
article thumbnail

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

Green Car Congress

This has happened just once in the past 15 years—in 2008, at the height of the global recession. Retail vehicle registrations have maintained volumes far better than wholesale vehicle sales, which may provide stronger guidance for dealer orders. million units. million in 2018.

Light 150
article thumbnail

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

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs.

2015 150