Remove 2003 Remove Automobile Industry Remove Financing Remove Oil
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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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million barrels per day (bbl/d) in 2003 to more than 2 million bbl/d in 2013, according to figures from the US Energy Information Administration (EIA). Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Consumption of gasoline in China grew from 0.9

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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While this is a threat for business, there are also opportunities to grow commerce and create jobs, and to innovate to address the needs of growing populations for agriculture, sanitation, education, technology, finance, and healthcare. billion in 2005.