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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

Green Car Congress

With more than 284 million vehicles in operation (VIO) on US roads, the average age of cars and light trucks in the US has risen again this year to a new record of 12.5 In addition, the continued rise of light trucks/utilities means the number of passenger cars on the road will fall beneath 100 million for the first time since 1978.

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Audi networks with traffic lights in Düsseldorf; “Green wave”

Green Car Congress

Audi is moving ahead with networked traffic lights in Düsseldorf. After Ingolstadt, the city on the Rhine is the second in Europe in which Audi is introducing its Traffic Light Information service. Vehicle-to-infrastructure (V2I) services like Audi Traffic Light Information increase efficiency, convenience and safety on the roads.

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IDTechEx forecasts global production of electric LCVs to exceed 2.4M units annually by 2030

Green Car Congress

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 European Light Commercial Vehicle Sales 2018. IDTechEx says that the light commercial vehicle market is uniquely positioned to rapidly transition to electric vehicles. million units annually by 2030.

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

Green Car Congress

Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). million units in 2019 and is forecasted to maintain a steady upwards path. With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. Chinese ICE passenger car market.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 mb/d in 2023, according to the forecast. Despite economic headwinds, steady demand for light sweet crude in a tight physical market is boosting marker grade prices as they are in the same crude quality family. Runs are forecast to rise by 3.5

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CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

The Center for Automotive Research’s (CAR’s) updated automotive sales outlook forecasts US light-duty vehicle sales at 16.8 CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. million units for 2019.

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

Green Car Congress

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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