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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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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. Calendar-year 2015 is also likely to set all-time highs for the North American auto market, the report said. The industry delivered 16.5 Data: Scotiabank.

2015 150
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BYD will sell EVs in Brazil

Teslarati

BYD Americas President Stella Li touched upon favorable political and environmental development in Brazil, which is Latin America’s largest vehicle market. His program calls for industries focused on a green economy and the need to modernize the automotive industry with hybrids.

Brazil 98
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

2015 150
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Maersk and IBM launch TradeLens blockchain shipping solution; 154+ million shipping events already captured on platform

Green Car Congress

Customs authorities in the Netherlands, Saudi Arabia, Singapore, Australia and Peru are participating, along with customs brokers Ransa and Güler & Dinamik. We believe blockchain can play an important role in digitizing global shipping, an area of the global economy that moves four trillion dollars of goods every year.