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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 The automakers that effectively leverage high-tech advancements in vehicles, mobile devices and data analytics will likely gain a competitive advantage in this dynamic market. ”. Canada is currently on track for a record year of new vehicle sales, surpassing the previous high of 1.69

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Study finds global oil demand likely to grow despite pandemic, climate policies

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Despite relatively aggressive government policies aimed at reducing oil demand, such as within green stimulus packages enacted in several countries during the pandemic, global oil demand may not peak before 2030. The scenario analysis highlights the possibility that global light-duty-vehicle passenger oil demand may peak by 2025 or earlier.

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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. Incremental cost of dedicated alternative fuel vehicles. LMHDV Fuel cell electric vehicles.

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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

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The IDEA is a multi-purpose, plug-in hybrid electric vehicle in the light truck classification aimed at commercial and government fleets. The company continues to work with the Department of Energy in support of its application.

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Polk Forecasts US LDV Sales to Grow 10.2% in 2010

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predicts the light vehicle market will be 11.5 million units in 2010, according to its most recent US light vehicle forecast. Light vehicle sales in 2009 were 10.4 Polk & Co. million, the lowest level in 27 years, and 21.2% lower than 2008. Polk’s forecast for Real GDP US growth in 2010 is 2.9%.

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Smith Electric Vehicles US Partners with Clean Fuels Ohio Program To Target $10M in Federal Funding

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Smith Electric Vehicles US Corporation (SEV-US) and the Ohio State University Center for Automotive Research are participating in the Ohio Electric Drive Initiative as major program partners. SEV-US Corp will assemble all-electric commercial vehicles in Kansas City beginning in the third quarter of 2009. Bryan Hansel, CEO of SEV-US.

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CleanFUEL USA Introduces New Liquid Propane Injection System for GM 6.0L Engine

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The new engine system will be available the first quarter of 2010 and the company is now taking orders to meet the increased demand for greener fleet vehicles, as the Department of Energy (DOE) starts to award stimulus funds this December. When the 6.0L

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