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

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However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

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The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% LD NGVs make up about 97% of the total NGV market (2.08 In Latin America, the consumer market is.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

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The integration of OMVL will complete Juniper’s light-duty strategy to enter the mobile industrial, non-mobile industrial, and automotive segments. Strategic investments in new markets and OEM-class products and capabilities will allow Juniper to compete for leadership in the light-duty alternative fuels market, Westport says.

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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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The cleantech market intelligence firm forecasts that the number of NGVs on the road worldwide will grow to 17 million vehicles by 2015, up from 9.7 Globally, Pike Research forecasts that the NGV market will grow at a CAGR of 5.5% The reasons for NGV market growth vary for each country, according. million in 2008. Availability.

2015 268
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Mercedes-Benz introduces its mid-size pickup truck: the X-Class leans on diesel

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The market launch in Europe is scheduled for November 2017. At the beginning of 2018 South Africa, Australia and New Zealand will follow, and at the beginning of 2019 Argentina and Brazil. Mercedes-Benz developed the X-Class with the changing requirements of the international pickup markets in mind.

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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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Pike Research forecasts that the NGV market will grow globally at a CAGR of 5.5% The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Pike Research anticipates India will be the fastest-growing NGV market with a CAGR of 18.4% million in 2008. between 2008 and 2015. Energy security.

2015 170
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MIT and IEA reports take different views of the future of natural gas in transportation

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While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency.

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