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Honeywell Global Turbo Forecast projects 49M turbocharged vehicle sales, $12B revenue per year by 2019

Green Car Congress

The automotive turbocharging industry will generate $12 billion in revenue by equipping 49 million vehicles with turbochargers annually by 2019, according to Honeywell Turbo Technologies’ 2014 Global Turbo Forecast. million turbocharged vehicles by 2019. Regional growth projections. Source: Honeywell Turbo. Click to enlarge.

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

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IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

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BMW Group to build new $1B plant in Mexico; production start in 2019

Green Car Congress

This move is in line with the company’s clear strategic policy of ensuring globally-balanced growth. Production is planned to start in 2019. The BMW Group has operated a local sales company in Mexico since 1994 and sold a total of 13,992 vehicles in the country in 2013. billion locally last year. over the previous year.

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Global light vehicle assembly will reach 81.8 This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. Global automotive industry regional highlights include: North America.

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BMW Group to source lithium from Livent

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The BMW Group already signed a contract for the procurement of lithium from hard-rock deposits at Australian mines back in 2019. Based on its current market forecast, the BMW Group expects at least 50% of its global sales to come from fully-electric vehicles in 2030.

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100 Years Ago, IBM Was Born

Cars That Think

A highly successful sales executive who had recently spent two decades working at the National Cash Register Co. Watson brought in technical and sales colleagues from NCR, figured out who in C-T-R to take seriously, dismissed dissidents and incompetents, and sought ways to integrate all three pieces of the company. And so it did.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

In early 2019, Reuters estimated that the top 29 global auto manufacturers had already pledged to invest more than $300 billion towards developing electric vehicles (EVs) and supporting technologies including autonomous driving capability. Yet, even with the global EV market share projected to grow from only about 2.6