CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

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. Solid new housing starts and home prices rebounding to pre-recession levels.

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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

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Alternative fuels to ‘power car industry growth’

Green Cars News

While the global economic climate may still be fairly dire, a new report suggests that for the UK auto industry growth will be driven by new technology and investment into alternative fuel powertrains over the coming few years. While rising oil prices might seem to pose a threat to auto makers, according to the latest [.]. Green credentials car industry electric hybrid KPMG power report study UK

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak. The ongoing COVID-19 pandemic has slowed down the world as we know it and the automotive industry is no exception.

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. In the United States, IHS Automotive analysts continue to believe the upside risks for auto demand are more apparent than the downside risks.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

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. Consumers will find that upfront selling prices for EVs are comparable or lower than those for average ICE vehicles in almost all big markets by 2029.

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Harris Poll finds 51% of Americans have cut back on products and services because of high gas prices

Green Car Congress

Half of Americans who own a vehicle (51%) say they have cut back on products and/or services in order to pay the increased price of gasoline, according to a new Harris Poll of 2,184 adults surveyed online between May 9 and 16, 2011 by Harris Interactive. Almost two-thirds (65%) of those with a household income of less than $35,000 a year have cut back on products or services because of higher gas prices compared to 38% of those who have household income of $100,000 or more.

2011 179

NYT Editorial

Plug In Partners

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. What's really sad is that Ford is in such bad shape that few people think the restructuring and job cuts are too aggressive, even though they were larger than many auto industry analysts had been expecting.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Winterkorn made the remarks during a presentation at the 17 th Handelsblatt-Jahrestagung in Munich on 3 July, during which he outlined VW’s approach to future mobility in the current context of the economic crisis, pessimism about the industry and technology potential. And the auto industry doesn’t hold back on announcements.

2009 150

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. As the industry grapples with reducing weight without reducing attributes like size, safety or performance they are going to need to increase the use of lightweight materials.

2009 150

Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

Questions for the industry, Kurani said, include how do we get from where households currently are to where PHEVs provide the most benefit? Given high initial costs, volatile oil prices, improving competition, an industry in poor financial shape and consumers who aren’t perfectly rational.who actually are quite risk averse.advanced technology may be a hard sell.

2009 150

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. The findings include: The US PEV Industry in the Global Market.

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Demand for oil ‘passed its peak’

Green Cars News

World oil demand is poised for recovery driven by emerging markets but demand from developed countries is unlikely return report finds. Demand for oil in developed countries—currently 54 percent of all oil demand—has passed its peak, the latest research suggests. Industry analysts reckon oil demand in developed countries likely reached its all-time peak in 2005. Oil demand outside the transportation sector has already been relatively flat since 1980.

2009 34

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. BYD’s conventional gas-powered cars are selling well these days in China, and his electric plug-in electric model looks like it will come to market with a longer range and a lower sticker price than the new Toyota Prius much-hyped Chevy Volt.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

V2G helps solve the major problem that demand for electricity is high during the day when everything from industrial plants to air conditioning is running full blast and then excess electricity is wasted at night. Recent announcements demonstrate that electric utilities and some auto makers want to make V2G a reality. Just as wireless service providers offer smartphones at discounted prices, Project Better Place will offer discounted electric vehicles with usage pricing plans.

2009 28