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

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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%

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EIA: global plug-in light vehicle sales increased by about 80% in 2015 to 565,668 units; China top market with 38%

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Global plug-in light duty vehicle (PEV) sales increased by about 80% in 2015 to 565,668 units, according to figures compiled by Argonne National Laboratory and posted by the US Energy Information Administration (EIA). Global plug-in light vehicle sales, 2011-2015. Click to enlarge.

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SUVs became the largest and fastest-growing automotive segment in 2015; up 22% from 2014

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Global sales of SUVs surged 22% in 2015, supporting an overall increase in global sales of light vehicles of 1.7% in 2014-2015, according to data released by global market research company Euromonitor International. of light vehicle sales globally. of light vehicle sales globally.

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EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

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Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). In 2013, the US government lifted export restrictions on minimally processed ultra-light oil. US crude oil exports have increased significantly since 2015 and have averaged around 3.00

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EPA delays issuing 2014 RVO standards for RFS until sometime in 2015

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The US Environmental Protection Agency (EPA) will not finalize the 2014 applicable percentage standards (the 2014 Renewable Volume Obligations, RVOs) under the Renewable Fuel Standard (RFS) program until sometime next year. Earlier post.). Nearly all gasoline sold in the US is now E10 (10% ethanol). Reactions to the new delay.

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Ford researchers: global light-duty CO2 regulatory targets broadly consistent with 450 ppm stabilization

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In the study, the Ford team derived regional CO 2 targets for new LDVs while still providing an integrated view of the global LDV fleet—a perspective critical to the planning needs for global automotive firms. They refer to these emission trajectories as the global CO 2 caps.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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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 million units, reflecting a growth rate over 2014 of just 1.4 Click to enlarge.

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