article thumbnail

China Car Sales Likely Hit New Record in April

Green Car Congress

Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers.

article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. The vehicle categories seeing the most significant response increases in the 2011 survey compared with 2010 were SUVs, luxury vehicles, large pick-up trucks, and cross-overs. Investments.

Global 218
article thumbnail

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

He shared research that “ People assume a quieter minivan is a safer minivan. Miller believes the auto industry is falling into the trap of the computer software business by starting to promote the next generation of technology too early, thereby hurting the sales of the existing generation. by Bill Cooke.

Market 170
article thumbnail

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Develop, validate, and deploy 220 advanced plug-in hybrid electric pickups and minivans. Chrysler LLC. $70.

Grant 317
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Green Car Congress ) 12/12/07 PHEVs face questions from people like Toyotas [spokesman Bill] Kwong about how environmentally friendly they really are and whether utilities can handle the extra electricity demand. That has to be looked at." ( Reuters ) 3/28/07 "Batteries are not yet an economic or efficient way of storing power.we

Plug-in 45