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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.

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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Overall, 2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009, logging 86.01 million units. million sales.

2018 273
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.

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Strong Dollar Could Cap Oil Prices

Green Car Congress

Argentina, Brazil, Turkey and South Africa have seen significant depreciations in their currencies this year. Because China is a voracious consumer of commodities, including crude oil, the compounding effect of a slowdown in the Chinese economy and a weaker yuan creates new headwinds for the oil market.