article thumbnail

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

Green Car Congress

However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America continues to be an impetus to global light vehicle demand levels. North America.

2015 150
article thumbnail

UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Source: Belzowski and McManus. South Korea.

Fleet 218
article thumbnail

World Bank/ICCT report provides guidance to reducing black carbon emissions from diesels in developing countries

Green Car Congress

Among non-OECD countries, Brazil has adopted the most stringent fuel and vehicle standards, followed closely by Russia. Brazil may adopt more stringent fuel quality standards by 2015; similarly tough vehicle standards are less certain, according to the authors. —“Reducing Black Carbon Emissions from Diesel Vehicles”.

Carbon 186
article thumbnail

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. Source: Polk. Click to enlarge. increase in the region this year to 13.7

2012 199