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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). percent from a year earlier, the fifth month in a row that saw auto sales exceed one million units, according to the China Association of Automobile Manufacturers. People’s Daily.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

For the automotive industry, as we summarized in five charts that helped demystify the chip shortage , time eventually brought car makers up from the end of a 52-week waiting list to get the chips they needed for their entertainment and driving assistance systems. considered getting into the chip-stimulus game as well.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

It is expected that, with continuing innovations in the car industry, the electric vehicle market has seen steady growth. Many municipal and federal governments, for example, have expanded consumer benefits for EV sales, mostly as part of stimulus efforts aimed at mitigating the pandemic’s economic effect. You may also like.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Averting a slump.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

old question for electric cars – When will electric cars make a real. presence in the world’s two largest passenger car markets (China and the. Read more in the article: Can electric cars break out of niche status in US, China market? Electric-car ventures made up nearly 40. car’s introduction.

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

Green Car Congress

For the second time in three months and the sixth time this year, new-vehicle retail sales in November are expected to slip from year-ago levels, according to a monthly sales forecast developed jointly by J.D. During the same period in November 2016, 54% of sales were 2016 model-year cars and light trucks. Power and LMC Automotive.

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