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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 autos demand for 2020 is set at 15.6 million units. million units, down by 13.6%

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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 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.

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Waxman/Markey Bill Accelerates Infrastructure and Build-out for Plug-Ins, Calls for Harmonization of Motor Vehicle GHG Standards; 3% of Emissions Allowances for Cap-and-Trade Go to Auto Industry

Green Car Congress

The bill is structured into four primary titles: Title I: Clean Energy; Title II: Energy Efficiency; Title III: Reducing Global Warming Pollution (the cap-and-trade bill); and Title IV: Transitioning to a Clean Energy Economy (which also includes a section on adapting to climate change). Electric Vehicle Infrastructure.

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June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances. The Swedish economy is experiencing just 0.6% Second place went to the Volkswagen ID.4, 4, and the Kia EV6 took third. The BMW i4 saw its highest volume yet (458 units), and climbed to 7th.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

While India has a position as one of the world’s fastest-growing economies, its motor vehicle penetration per capita remains significantly lower compared to the global average. However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry.

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Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” ” “We proceed to barter in excellent religion with our companions.

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New Ford Escape launching with two new EcoBoost engines with standard Auto Start-Stop

Green Car Congress

The new Ford Escape, being showcased at the Los Angeles Auto Show, is the first Ford vehicle to make Auto Start-Stop standard with either of two EcoBoost engines new to the model—a 1.5-liter A user enables the system through a two-step authentication process designed to protect personal information. liter and 2.0-liter

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