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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 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million, an increase of 2.4% North America. from last year.

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CAR: US light-duty vehicle sales to dip in 2019

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The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. million units for 2019. million units in 2021.

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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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EPA proposes leaving light-duty vehicle GHG standards for MY 2022-2025 unchanged

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The US Environmental Protection Agency (EPA) has proposed leaving the greenhouse gas (GHG) emissions standards for light-duty vehicle model years 2022-2025 in place, based on its technical analysis that shows automakers are well positioned to meet the targets. At the end of 2015, all large automakers were in compliance with the standards.

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

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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. growth set in 2015. As of the end of 2015, the average length of ownership measured a record 79.3

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Continental, Cummins, HARMAN, and ZF join Auto-ISAC for automotive cybersecurity

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With members like Continental, Cummins, HARMAN, and ZF, Auto-ISAC can continue to facilitate that coordination and improve the industry's collective cybersecurity posture. —Jeff Massimilla of General Motors, Auto-ISAC’s Vice-Chairman.

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

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The combined average age of all light vehicles on the road in the U.S. Total light vehicles in Operation (VIO) in the US reached a record level of more than 252,700,000—an increase of more than 3.7 years through 2015, then rise to 11.5 remained steady at 11.4 million (1.5 percent) since last year. years by 2017 and 11.7

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