Remove Economy Remove Global Remove North America Remove Stimulus
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. Pike suggests that North America will experience a rebound in a few years, as the economy stabilizes along with public transit funding levels.

2018 276
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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

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Volvo will use EGR, SCR and DPF technology in its global heavy duty engine platform. By having a global technology platform in place, the Volvo Group will be able to generate economies of scale in research and development as well as purchasing and production. Click to enlarge. Leif Johansson.

Volvo 150
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Japan Automakers Plan to Step Up Exports of Small-Cars

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Foreign demand for small cars has been growing in part because of stimulus measures in some countries to encourage consumers to replace their cars. But automakers expect demand will remain robust even after the global economy recovers thanks to government-led environmental protection steps. liters by the end of 2010.

Japan 150
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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. This summer, the stimulus to demand from the continuing modest economic recovery is constrained by the projected $0.48-per-gallon

2008 186
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Volvo unveils medium heavy engine

Green Cars News

Johansson outlined that after substantial growth in recent years thanks to both organic growth and through acquisitions, the company is now ready to become globally competitive. He also noted a slight upturn in certain countries including China, Japan and India, thanks to Government stimulus packages.

Volvo 32