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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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Hyundai breaks ground for third plant in China; total China capacity of up to 1M units by 2012

Green Car Congress

Hyundai Motor Company has begun construction of a third plant in China to respond to growing demand in the world’s largest automobile market. Beijing Hyundai Motor Company (BHMC), a 50-50 joint venture between Hyundai Motor and Beijing Automotive Industry Holding Co., 28 in Shunyi District, Beijing. million units. million units.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. This rate of growth is slowing as compared to the last five years due to the substantial increase in new vehicle sales. In comparison, a record high of more than 14 million vehicles were scrapped in 2012.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As long as we have tracked average age, it has gradually risen over time due to the increasing quality of automobiles. Looking ahead, IHS forecasts that average age is likely to hit 11.6

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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA

Green Car Congress

The Auto Alliance represents 77% of all car and light truck sales in the United States, including the BMW Group, Fiat Chrysler Automobiles, Ford Motor Company, General Motors Company, Jaguar Land Rover, Mazda, Mercedes-Benz USA, Mitsubishi Motors, Porsche, Toyota, Volkswagen Group of America and Volvo Car USA. Earlier post.).

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5

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EAA National Board nominations from across North America

Electric Auto Association

The end of ownership usually results in used sales, which increases affordability and adoption. Provide clear goals, committee independence About Sterling: Sterling drives a 2019 Tesla Model 3 Dual Motor AWD FSD and is an electric automobile enthusiast while employed as a vetting specialist for ConocoPhillips. Servant and fairness.