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

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. With a strong exit to 2014, and gasoline prices currently plunging, consumers may feel even more positive throughout 2015. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Increased use of alternatives to oil-based transport fuels (gasoline, diesel and LPG) also help to temper oil-demand growth, though to a much smaller degree than efficiency gains in vehicles with internal combustion engines. —WEO 2011. Biofuels make the biggest such contribution, as use grows from 1.3

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