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Automotive sales in Russia in 2015 down 35.7%

Green Car Congress

Sales of new passenger cars and LCVs in Russia decreased by 457% in December 2015, with a 35.7% drop for the entire year, according to figures released by The Automobile Manufacturers Committee of the Association of European Businesses (AEB) in Russia. AEB member forecast for the total market in 2016 is to reach 1.53

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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., Production is expected to begin by late 2015. In 2013, Jeep realized global sales of more than 731,000 units, with an annual growth rate of 4% and an annual growth rate of 29% in China.

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Minnesota becomes latest state to adopt California clean car standards

Green Car Congress

The low-emission vehicle (LEV) standard requires vehicle manufacturers to deliver passenger cars, trucks, and SUVs that produce lower greenhouse gas emissions and other pollutants for sale in Minnesota. The Minnesota LEV standard is identical to the California LEV III standard, which covers MY 2015-2025.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36

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NADA forecasts light-duty vehicle sales of 16.94M in US in 2015; 56% trucks and SUVs

Green Car Congress

Low gasoline prices and pent-up consumer demand will combine to drive new car and light truck sales to an estimated 16.94 million in 2015, according to the National Automobile Dealers Association. NADA’s original sales forecast of 16.4 On the downside, small and mid-sized cars are likely to face a tougher market in 2015.

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ChargEVC: New Jersey plug-in electric vehicle registration up 79% for MY 2016 vehicles over 2015

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Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

Green Car Congress

In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% million vehicles in 2015 to 3.9 Overall, Navigant expects the worldwide market for light-duty NGVs to grow at a compound annual growth rate (CAGR) of 4.3% million in 2025.

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