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

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The combined average age of all light vehicles on the road in the US has climbed slightly to 11.5 years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3

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World Bank/ICCT report provides guidance to reducing black carbon emissions from diesels in developing countries

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Brazil may adopt more stringent fuel quality standards by 2015; similarly tough vehicle standards are less certain, according to the authors. Other programs can provide significant benefits, such as vehicle scrappage and replacement, inspection and maintenance, and vehicle retrofitting, the report suggested. Minjares, Ray et al.

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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

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Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% million vehicles, but the analysts do not expect the US market to achieve pre-recession levels of greater than 16 million vehicles per year until 2015. Source: Polk. Click to enlarge. increase in the region this year to 13.7 Brands in the US.

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