Remove Europe Remove Forecast Remove Industry Remove Scrappage
article thumbnail

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

Green Car Congress

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% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

2015 150
article thumbnail

UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Production forecasts from IHS.

Fleet 218
article thumbnail

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% —Anthony Pratt, director of forecasting for the Americas at Polk. for the overall US industry. Click to enlarge. over 2011 volumes to 77.7 million vehicles.

2012 199
article thumbnail

Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

The global vehicle fleet reached 1 billion units in 2010 and is forecast to double in the next ten to fifteen years, with much of this increase occurring in low and middle income countries which account for 90% of total road deaths. The automotive industry should cease the practice of de-specification and bundling of safety features.

2020 150