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Mitsubishi Motors forecasts 41% drop in retail sales in Japan over improper fuel consumption testing

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Mitsubishi Motors Corporation (MMC) announced its forecasts for the FY2016 full-year (April 1, 2016 to March 31, 2017). The announcement on the FY2016 forecasts were put on hold to assess the future impact from the improper testing of fuel consumption announced in April. Earlier post.). billion (US$18.3

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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MD/HD HEV Truck Sales as percentage of ICE trucks, World Markets: 2011 and, 2017. million by 2017. million by 2017. Overall, Pike Research forecasts that the market for hybrid and plug-in trucks will grow at an annual rate of 47.2% between 2011 and 2017 to reach 100,746 trucks, or about 2.1% Source: Pike Research.

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Honeywell Transportation Systems Forecast: turbocharged vehicles to account for 48% of annual global sales by 2021; electric boosting emerges

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Honeywell’s Transportation Systems Forecast projects that turbocharged vehicles will acount for 48% of annual global sales by 2021, up 9 percentage points from 2016. In addition, Honeywell’s forecast calls for electric boosting products to help support compliance with more stringent national environmental standards. liters and 1.7

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BorgWarner showcasing electrification technologies for commercial vehicles; expects 32% CAGR in hybrid and electric CV market from 2017 to 2020

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A forecast by Knibb, Gormezano and Partners (KGP), cited by BorgWarner, predicts the hybrid and electric commercial vehicle market will experience a 32.9% compound annual growth rate (CAGR), increasing from 49,000 units in 2017 to 115,000 units in 2020. Christopher P.

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EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

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The US Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) and the US Environmental Protection Agency (EPA) issued a Notice of Intent (NOI) to begin developing new standards for greenhouse gases and fuel economy for light-duty vehicles for the 2017-2025 model years. Earlier post.).

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EIA expects gasoline consumption in US to remain below 2007 peak despite increase in travel

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EIA attributes the outcome largely to improvements in light-duty vehicle fuel economy. STEO forecasts motor gasoline consumption to average 9.23 million barrels per day (b/d) in both 2016 and 2017, about 0.6% Source: US Energy Information Administration, Short-Term Energy Outlook , February 2016 Click to enlarge.

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EIA projects light-duty vehicle energy use to drop 12% by 2025

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The US Energy Information Administration’s (EIA) Annual Energy Outlook 2017 (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle (LDV) miles. quadrillion Btu in 2017 to 14.2

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