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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

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. —Mark Seng, global aftermarket practice leader at IHS Automotive. until 2018.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

This has happened just once in the past 15 years—in 2008, at the height of the global recession. million in 2018. If sales in August do follow these readings, once all figures are reported, this would mark the third consecutive month of declines in China.

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Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

Millions of new cars sold in middle and low income countries fail to meet the UN’s basic safety standards for front and side impacts, according to international automotive safety watchdog Global NCAP (New Car Assessment Program). —Global NCAP Chairman Max Mosley. This is entirely unacceptable.

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