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

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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 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Electric (Battery) Forecasts Plug-ins' More than 2.2 More than 1.9

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

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% According to the analysis, the current anti-trust campaign environment could alter the relationships among consumers, dealer and OEMs.

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Forecast: Electric Two-Wheelers Poised for Strong Global Growth; 9% CAGR Worldwide

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Pike global markets forecast of annual electric two-wheel vehicle sales, excluding Asia-Pacific, through 2016. A new report from Pike Research anticipates that the global market for electric two-wheeled vehicles—e-bikes, e-scooters, and e-motorcycles—will grow at a compound annual rate of 9% through 2016. Click to enlarge.

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Additionally, we plan to expedite new dealer recruitment to rapidly build our sales growth capabilities,” he said. million units compared to the previous forecast. “In million units compared to the previous forecast.

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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

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While the drop in January vehicle sales on a global scale is alarming, sinking 13.9% There was barely anybody at car dealers in the first week of February as most people stayed at home. Global vehicle sales SAAR stood at 88.5 compared with the same month in 2019, it is positively disastrous in China itself. million units.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 percent year-over-year growth.

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