Green Car Congress

JUNE 9, 2014

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. years through 2015, then rise to 11.5 This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. million (1.5 percent) since last year. years by 2017 and 11.7

Scrappage 210

Scrappage Vehicles Auto Industry Light 210

Green Car Congress

JULY 29, 2015

years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use.

2015 150

2015 Light Scrappage Vehicles 150

Green Car Congress

FEBRUARY 3, 2015

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. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

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2015 Light Market Global 150