article thumbnail

IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

The sales slowdown is widespread throughout China, according to the IHS analysis of its proprietary province- and city-level forecast, along with the current economic climate. Retail vehicle registrations have maintained volumes far better than wholesale vehicle sales, which may provide stronger guidance for dealer orders.

Light 150
article thumbnail

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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs. The year preliminarily closed with 5.34

2015 150
article thumbnail

Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

New and used vehicle importers, fleet companies, the electricity sector, other supporting industries and consumers need certainty about government climate and transport policy over the long-term. Moving to zero emissions vehicles, as the cliche goes, is the low hanging fruit in New Zealand’s fight against climate change. 2) [link]. (3)

Clean 52
article thumbnail

Is a green tax blitz justified? The Green Piece

Green Cars News

If we are to get serious about tackling climate change then it is inevitable that green taxes will have to rise. There have to be real incentives to go green and to further encourage car manufacturers and dealers to veer away from traditional gas guzzlers.

Tax 36