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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 million units.

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

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IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Global light vehicle assembly will reach 81.8 Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. Global automotive industry regional highlights include: North America.

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Japan Automakers Plan to Step Up Exports of Small-Cars

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Foreign demand for small cars has been growing in part because of stimulus measures in some countries to encourage consumers to replace their cars. But automakers expect demand will remain robust even after the global economy recovers thanks to government-led environmental protection steps. Mazda Motor Corp. will start exporting its 1.3-1.5-liter

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Dow to produce advantaged materials for energy storage; initial focus on automotive

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—Monty Bayer, global business director, Dow Ventures & Business Development, Licensing and Venture Capital. Federal stimulus funds channeled toward domestic development of electric vehicle technology has created an opportunity to strengthen the energy storage industry in the US, which is currently based in Japan and Korea.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. North America is the leading market for this technology, with hybrids capturing 30% to 40% of annual transit bus sales. from 2012 to 2018. This requires a high.

2018 276
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%