Auto Industry For Sale Global Sale 
Green Car Congress
JUNE 28, 2019
The 40 percent drop in new vehicle sales due to the recession created an acceleration in average age like we’ve never seen before. —Mark Seng, director, global automotive aftermarket practice at IHS Markit. There is simply a lack of 2008 and 2009 model year vehicles due to the lower sales numbers during that timeframe.
Green Car Congress
JUNE 9, 2014
—Mark Seng, director, aftermarket solutions and global aftermarket practice leader at IHS Automotive. This rate of growth is slowing as compared to the last five years due to the substantial increase in new vehicle sales. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005.
Green Car Congress
NOVEMBER 23, 2016
years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% million (2.4%) since last year. growth set in 2015.
Baua Electric
JANUARY 10, 2024
Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging. General Motors on Dec.
Green Car Congress
MARCH 2, 2011
USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic auto industry through cooperative research and development.
Teslarati
NOVEMBER 9, 2021
“Above $70,000, the global addressable market for Rivian’s SUV and pickup is less than 1.5 Schwab served as Rivian’s Vice President of Sales and Marketing during her tenure with the company. The R1T currently starts at $67,500 for its base model , while the R1S starts at $70,000. .
Green Car Congress
FEBRUARY 18, 2009
The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5
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