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
JUNE 15, 2021
COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. million according to current forecasts, which can be expected to mute average age growth.
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 expects China to make the largest contribution to global sales growth for new vehicles, with an anticipated 16% increase over 2011. Click to enlarge. over 2011 volumes to 77.7
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. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4 million (1.5 percent) since last year. years through 2015, then rise to 11.5 years by 2017 and 11.7 years by 2019.
Green Car Congress
FEBRUARY 3, 2015
IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%
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. Looking ahead, IHS forecasts that average age is likely to hit 11.6 until 2018.
Green Cars News
SEPTEMBER 4, 2009
The car scrappage scheme continues to boost car registrations as sales rose 6.0 The second successive month of growth within the motor industry, August’s sales of 67,006 vehicles build on the 2.4 However the market performed better than the SMMT had expected in August, turning a forecast 6.0 per cent and 16.9
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