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

Green Car Congress

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. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

The circles represent the year in which new vehicle sales equal 100% alternative powertrains/fuel. Global Insight for powertrains/fuels for each country formed the basis for a moderately aggressive model for penetration of alternative powertrains/fuels into each country’s new vehicle fleet from 2010 to 2020. Click to enlarge.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Polk forecast, millions of units. Click to enlarge.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. Presently, there is a limit to global EV supply and preferential supply is going to markets with strict emissions standards and consumer incentives. New Zealand is the only OECD country without emissions standards, besides Russia. The impact of the Clean Vehicle Discount can be seen in light vehicle sales.

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