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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 —Colin Couchman, executive director, global autos demand forecasting at IHS Markit. million units. million units.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. However, the company’s bright spark remains its green efforts. However, he faces strong competition.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The car came straight to Omaha from the Detroit auto show. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. operations are small - about 20 people work in a sales and marketing outpost in Elk Grove Village, Ill., "Importing batteries from Japan was very expensive," Wang says.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“If any energy company ignores the long-term impact on future fossil-fuel-backed energy sales, they will be in for a shock.&# Unfortunately, there is very little specific funding for wireless transmission in the stimulus bill that was just signed by the USA President. In fact, almost none at all. — Mark - Dallas 21.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

DISCLAIMERS AND CREDITS The score is multi-faceted rather than representing solely consumer sales. The lion’s share of credit for source data goes as usual, to Jose Pontes and his EV Sales Blog. more than the original Sales Blog, since it was more detailed and up-to-date. It *is* literal madness to keep doing it.

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