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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. The local industry is already recovering, with commercial vehicle plants re-opened. —Andrej Divis, director of commercial vehicle data & forecasts at IHS Markit.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. In July, itopened an assembly line in Japan to build its FCX Clarity. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up.

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