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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 The study also finds that the bulk of future sales growth globally has likely permanently switched to emerging markets. million in 2012.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Unlike the state of things in mid 2021—when crimps in the semiconductor supply chain cropped up in big ways—supply and demand have become much less of a mismatch. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

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Welcome to the Year of the EV—Whatever It Will Be

Clean Fleet Report

CES (the Consumer Electronics Show) was supposed to be the big coming out party as tech vendors and a growing automotive contingent were set to descend on Las Vegas with a return-to-normal show with massive displays, extravagant media shows and outrageous demonstrations of future technology. One vision of the near future from Mercedes.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

The European Parliament’s Committees on industry (ITRE) and transport (TRAN) will vote on the European Commission’s proposal for future car and van CO 2 targets on 10 July. ACEA cautions that the targets must be realistic, taking into account what people can actually afford to buy. There is no doubt that this is the future.

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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. The driver so far has not been the rules, it has been consumer demand – and consumer recognition that gas vehicles will soon become an albatross around the neck of anyone who makes the silly decision to buy a new one.

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Testimony: Why I like my electric vehicle

Electric Auto Association

Submitted to the Ohio Senate Energy and Public Utilities Committee in support of Senate Bill 307: Accelerating Ohio's Auto Industry By Tim Benford, president of Drive Electric Dayton. When supply chain issues subside, and Federal and State pro-EV bills are passed into law, an exponential growth in EV sales is certain.