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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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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

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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

will also need to be made with the further development and distribution of sustainable fuels which can be alternatives to traditional diesel and gasoline. Current forecasts indicate almost 8% year-on-year decline in the EU passenger car market with sales amounting to 12.1 Sizeable efforts. At the same time, road safety.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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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 GM Fuel Economy plans.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. Experts, consultants and politicians tumble over one another with forecasts. And the auto industry doesn’t hold back on announcements. We are witnessing an electro-hype.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

gasoline-powered vehicles could be delayed. If electric cars can’t break out of niche status in the world’s two largest passenger car markets, then a transition away from gasoline-powered vehicles could be delayed. China overtook the US last year as the largest auto market in the world. car’s introduction.

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