Green Car Congress

JUNE 9, 2014

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. —Mark Seng, director, aftermarket solutions and global aftermarket practice leader at IHS Automotive. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005.

Scrappage 210

Scrappage Vehicles Auto Industry Light 210

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. in 2014 as a result of industrial overcapacity and weakness in the real estate sector. from last year.

2015 150

2015 Light Market Global 150

Green Car Congress

JULY 29, 2015

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. years in 2016 but not reach 11.7

2015 150

2015 Light Scrappage Vehicles 150

Baua Electric

MARCH 2, 2024

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. And the automotive industry is no different.

Auto 40

Auto India Scrappage Auto Industry 40