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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

Impacts to global auto demand in the wake of COVID-19 have rapidly progressed to severity levels higher than the 2008-2009 recession, and significant uncertainty around prospects for a meaningful recovery remain. —Colin Couchman, executive director, global autos demand forecasting at IHS Markit. million units. million units.

Global 150
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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe is now in a full-scale coronavirus crisis with demand conditions worsening by the day.

Gasoline 269
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Tesla Model Y continues to lead auto sales in Norway

Push EVs

share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). This even exceeds the shock result of the Tesla Model 3 from March 2019 (5,315 units), in both volume, and in market share.

Norway 131
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Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

China 52
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
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Honda e EV features five-screen, full-width digital dashboard

Green Car Congress

Honda Personal Assistant for AI-powered connectivity. Connected services and applications can also be accessed using voice commands via Honda Personal Assistant. The Honda Personal Assistant is activated by saying “OK Honda”, followed by the question or instruction. Honda has already received 36,000 expressions of interest.

Honda 287
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Toyota to offer 2020 Corolla Hybrid in US; new sedan joins Corolla family worldwide, including hybrid model

Green Car Congress

Details on the 2020 Corolla Hybrid for the US will be announced during Toyota’s press conference at the LA Auto Show in less than two weeks. Sales in the United States and Europe are scheduled to start in spring 2019. For the first time in the United States, Toyota will offer the Corolla in hybrid form. US market powertrain.

2020 276