Green Car Congress
FEBRUARY 12, 2019
CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.
Green Car Congress
MARCH 27, 2020
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 IHS Markit downgraded its expectations for Mainland China by 2.3 million units.
Green Car Congress
JULY 6, 2017
The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. We see a momentous inflection point for the global auto industry in the second half of the 2020s.
Green Car Congress
FEBRUARY 3, 2015
China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector.
Plug In Partners
JANUARY 26, 2006
Editorial Trying to Find the Road Ahead Published: January 24, 2006 W ith its bonds downgraded to junk and its market share on the ropes, Detroit's auto industry almost looks to be in a free fall. At Detroit's auto show, it unveiled a Chinese car that Geely plans to upgrade and sell in the United States in 2008.
Green Car Congress
JULY 4, 2009
The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. That penetration could be significantly higher in big cities and certain regions, such as China.
Green Cars News
OCTOBER 15, 2009
But the stronger governmental and consumer push for passenger vehicle fuel economy gains driven by energy security concerns and climate change initiatives have also led to reduced demand for oil in the OECD. The latest IHS CERA ‘World Oil Watch’ report expects oil demand to increase from 83.8 mbd in 2014. 83 per cent (4.4
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