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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 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

2015 150
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Big DEED turnout in Dayton 

Electric Auto Association

The EV curious were clearly excited to sit in the wide range of vehicles and were quick to pose a host of questions to owners and dealers. I was lucky enough to drive to the event in a dealer-loaned Ford 2021 Mustang Mach-E , which I’ll briefly review below. Local dealerships sent two 2021 Volkswagen ID.4

Dealers 86
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Nissan announces new strategy for customer ownership experience; leveraging connected car, big data, and personalization

Green Car Congress

Connected car technology will also dramatically streamline Nissan’s global supply chain, bringing just-in-time logistics to increase manufacturing efficiency, from plants to the dealer. Connected cars will be available as a dealer option starting in Japan and India and expanding to other countries by 2020. —Kent O’Hara.

Personal 150
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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. Forecast for Mergers and Acquisitions. Sixty-two percent also think M&A will increase for tier-one suppliers versus 71% in 2010, tier-two suppliers (47%) and dealers (46%). Investments.

Global 218
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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 million units (57.5

Chrysler 150
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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Green Car Congress

There was barely anybody at car dealers in the first week of February as most people stayed at home. This means China’s latest sales figures will be a significant cause for concern for these companies, potentially requiring them to scale back revenue and profit forecasts. —Mike Vousden.

Sale 286
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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