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Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Green Car Congress

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

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Petrol and diesel price cut by Rs 2 per litre       | Autocar Professional

Baua Electric

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. Following the revision, petrol will be priced at Rs 94.72 per litre.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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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 IHS Markit forecasts 2020 US auto sales to be 14.4

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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.

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American energy and American made

Electric Auto Association

July 4th thoughts on EVs BY Robert FernatT, Member of West Virginia Electric Auto Association. This article was first posted on the West Virginia Electric Auto Association (WVEAA) site. The global petroleum market is complex and there are certainly other impacts to consumer fuel pricing, but global oil prices are the largest component.

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

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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. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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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.

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