Remove 2012 Remove Auto Industry Remove Global Remove Sale
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

—things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting.

article thumbnail

KPMG survey: global auto execs expect slow growth in electrified vehicle sales; intensified investment coming in the face of current modest demand

Green Car Congress

In polling 200 C-level executives in the global automotive industry for the 2012 automotive survey, KPMG found that executives in the US and Western Europe expect even less consumer adoption, projecting e-vehicles will only account for 6-10% of global annual auto sales. —Gary Silberg.

Global 236
article thumbnail

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. 2012 Chinese Auto Industry Development Report. Energy-saving and new energy vehicles have become the development direction of the international automobile industry.

article thumbnail

PwC’s Autofacts forecasts global light vehicle assembly to hit 81M units in 2013, 101M by 2017

Green Car Congress

Global light vehicle assembly is expected to reach 81 million units in 2013, an increase of 2.3 percent compared to 2012, according to Autofacts, PwC’s automotive analyst group. While the global market is expected to see positive growth overall, there are a number of mixed signals at the regional level. to global growth.

2013 170
article thumbnail

Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

Global rating agency Fitch Ratings expects the financial profiles of US automakers and parts suppliers to remain resilient in a downside scenario characterized by sluggish global economic growth and weaker-than-expected North American light-duty vehicle demand. Continued global. to be seen throughout the US auto sector.

2012 186
article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.

article thumbnail

Hyundai reaches 10M mark for Elantra/Avante worldwide

Green Car Congress

Hyundai’s Elantra (Avante in other parts of the world) recently sold its 10 millionth unit globally. Elantra is Hyundai’s first model, and one of only 10 cars in the history of the auto industry to reach 10 million sales. The current version of Elantra ranked the highest in its segment for initial quality in the J.D.

Hyundai 210