Remove 2014 Remove Auto Remove Auto Industry Remove Light
article thumbnail

Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

In an address at the opening ceremony of CeBIT 2014 in Hanover in the presence of Federal Chancellor Dr. Angela Merkel, the British Prime Minister David Cameron, the Minister-President of Lower Saxony Stephan Weil and Prof. Dr. Martin Winterkorn calls an approaching new era of digitalization.

article thumbnail

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

Green Car Congress

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. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. million, an increase of 2.4% North America. from last year.

2015 150
article thumbnail

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

The combined average age of all light vehicles on the road in the US has climbed slightly to 11.5 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3

2015 150
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 The European Union, meanwhile, is not expected to see volume recovery until 2014. Strong growth in Developing Asia-Pacific, improving stability in the EU and investment in new technologies will drive the industry forward.

2013 170
article thumbnail

IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

Green Car Congress

The average age of light vehicles in operation (VIO) in the US has once again climbed slightly this year, to 11.6 years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. million (2.4%) since last year. million (2.4%) since last year. growth set in 2015.

Light 150
article thumbnail

New Ford Escape launching with two new EcoBoost engines with standard Auto Start-Stop

Green Car Congress

The new Ford Escape, being showcased at the Los Angeles Auto Show, is the first Ford vehicle to make Auto Start-Stop standard with either of two EcoBoost engines new to the model—a 1.5-liter An indicator light provides a warning in the side mirror corresponding to the side on which the vehicle is approaching. liter and 2.0-liter

Escape 150
article thumbnail

HELLA to begin production of Gen4 24GHz radar sensors in mid-2017

Green Car Congress

HELLA, an auto industry electronics and lighting expert, will launch production of its fourth-generation 24GHz radar sensors in mid-2017, replacing third-generation radar sensors that have been in series production since June of 2014. Fourth-generation radar sensor. Click to enlarge.

2017 150