Cars Forecast Global Scrappage 
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 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 North America.
Green Car Congress
JUNE 9, 2014
In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. million (1.5 percent) since last year.
Green Car Congress
SEPTEMBER 11, 2015
IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 percent year-over-year growth.
Green Car Congress
JULY 29, 2015
New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. —Mark Seng, global aftermarket practice leader at IHS Automotive. until 2018.
Green Car Congress
JANUARY 3, 2012
Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Click to enlarge.
Green Cars News
AUGUST 4, 2009
Since the onset of the global economic crisis most of us have been cutting back to save cash wherever we can. 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? Averting a slump.
Green Car Congress
MARCH 11, 2015
Millions of new cars sold in middle and low income countries fail to meet the UN’s basic safety standards for front and side impacts, according to international automotive safety watchdog Global NCAP (New Car Assessment Program). —Global NCAP Chairman Max Mosley. This is entirely unacceptable.
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