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

Green Car Congress

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. million, an increase of 2.4%

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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. am confident that GM can rise again, providing that it undergoes a fundamental restructuring. ”. Earlier post.).

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