article thumbnail

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

The expected cycle of decline, stabilization and recovery for autos varies by market, reflecting variations in containment strategies and policy responsiveness. Europe will see mixed recovery cycles, as a result of local restrictions and varied economic support and stimulus. market sales forecast is 12.5 million units.

Global 150
article thumbnail

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

Green Car Congress

This will bring the region in sync with the recent recoveries in North America and Eastern Europe and the continued growth in developing Asia-Pacific and South America, according to the consultancy. Global automotive industry regional highlights include: North America. South America. million units in 2019.

2013 220
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year. billion).

BYD 62
article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

Then… instead of grinding to a halt, EV sales in most leading markets roared out of the first lockdown with such ferocity, that it made up all the deficit and then some, stopping the dials on 3.1 Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Domestic market not shabby either.

2020 52