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IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario

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IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 17% Europe vehicle sales decline YoY to 17.1 A stronger economic response in 2021-2023 pushes global growth above 3% annually. Global vehicle sales in this scenario collapse by more than 20% to 71.2

Stimulus 221
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IHS Markit: global auto sales to drop 22% this year

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IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3

Global 150
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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles.

2020 170
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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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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Global light vehicle assembly will reach 81.8 This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. Global automotive industry regional highlights include: North America. South America.

2013 220
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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

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Pike Research forecasts that biorefineries globally will attract $170 billion in new capital investment between 2012 and 2022, reaching 81 billion gallons per year (BGY) of installed capacity. United States, Brazil, and Europe—at 34.6 Source: Pike Research. Click to enlarge. BGY of installed capacity worldwide in.

Brazil 236
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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. Europe is behind on hybrid bus deployments, although stimulus. 6 years, with a compound annual growth rate (CAGR) of 26.4% from 2012 to 2018.

2018 276