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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 The industry delivered 16.5

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

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Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

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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 in 2014 as a result of industrial overcapacity and weakness in the real estate sector. North America continues to be an impetus to global light vehicle demand levels. million, an increase of 2.4% North America. The year preliminarily closed with 5.34

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. Market Background Other Asia Sales'

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Maersk and IBM launch TradeLens blockchain shipping solution; 154+ million shipping events already captured on platform

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Moller–Maersk and IBM announced the creation of TradeLens , jointly developed by the two companies to apply blockchain to the world’s global supply chain. Pacific International Lines (PIL) have joined Maersk Line and Hamburg Süd as global container carriers participating in the solution.