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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 General Motors Co. million to 17.0

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Terms of the sale were not disclosed.

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The EV Battery Wish List

Cars That Think

Power, and could approach 11 percent of the global market this year. All this could grant the ultimate, elusive wish for EV makers: Price parity with internal-combustion automobiles. Charging infrastructure is on our wish list of things that need to improve,” said Dan Nicholson, who helps lead General Motors’ new charger initiatives.

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Report: Stellantis Discusses Engine Plans

The Truth About Cars

& But Micky Bly, senior vice president and head of global propulsion systems for Stellantis, recently assured the public that the company doesn’t intend on dumping combustion engines overnight. Stellantis wants to have 75 EVs on sale globally by the end of the decade.& & "We have to balance this approach,” said Mr. Bly. “

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

In early 2019, Reuters estimated that the top 29 global auto manufacturers had already pledged to invest more than $300 billion towards developing electric vehicles (EVs) and supporting technologies including autonomous driving capability. Yet, even with the global EV market share projected to grow from only about 2.6

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

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