Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Calendar-year 2015 is also likely to set all-time highs for the North American auto market, the report said.

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Global Gas Prices | Hybrid Sales

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sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely. prices at the pump. car market.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability. Priced below 100 million Indonesian rupiah (US$9,000), the car will be attainable for up-and-coming customers who strive to realize new car ownership, Nissan said.

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

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However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. The North American market will continue its upswing, though the pace differs by country. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China.

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Street network patterns reveal global trend towards increasing urban sprawl

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A rapid policy response, including regulation and pricing tools, is needed to avoid further costly lock-in during this current, final phase of the urbanization process. Gridded street networks, on the other hand, promote efficient, dense urban form in Bolivia, Argentina and Peru.

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Shell completes acquisition of Repsol S.A. LNG portfolio

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billion of balance sheet liabilities relating to existing leases for LNG ship charters, substantially increasing the shipping capacity available to Shell’s LNG marketing business. The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru. These are expected to lead to a net cash purchase price of $3.8 billion (subject to post closing adjustments), compared to purchase price of $4.4

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ClearRefining Process Upgrades ULSD to Lighter, Cleaner-Burning Fuel; Nevada Designates it an Alternative Fuel

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ARC is currently selling GDiesel at the same price as regular diesel through five local and regional Nevada distributors, including Golden Gate Petroleum, one of the largest fuel distributors in Northern Nevada and Northern California. ARC recently began the start-up phase at its Peru Heights refinery, which will produce up to 100,000 gallons of GDiesel per day when fully operational.