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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 The industry delivered 16.5

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

Green Car Congress

Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

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

Green Car Congress

The size of the contraction of the Russian car market remains a significant wild card that will impact the European market throughout the year, according to the analysis, while other countries in the region continue to recover at a rate of 2.5 in 2014 as a result of industrial overcapacity and weakness in the real estate sector.

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Tesla taps new glass supplier for Plaid Model S

Teslarati

However, Tesla utilized AGC Automotive’s windshields for its cars, according to Investopedia. AGP is a Peru-based company that specializes in all types of automotive glass, but what they’ve done for Tesla is especially interesting. Many may ask, “What’s the significance of what glass Tesla is using on its cars?”

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Ipsos study finds US among most skeptical of Autonomous Vehicles

Green Car Congress

Although there is widespread interest in autonomous vehicles (AVs), the US—one of the largest auto markets in the world—expresses higher levels of resistance than most nations, according to a new study by Ipsos, a leading global market research firm. Fewer think AVs will be faster.