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

Green Car Congress

In Mexico, auto sales stalled through the first seven months of 2014, causing some concern that new tax policies implemented at the beginning of 2014 were hurting auto demand growth; however, motivated by incentives to help spark demand, light vehicle sales grew throughout the second half of the year. million units. million units.

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Gas Prices: You Could Pay $10 A Gallon. Or Just 6 Cents. Why?

Green Car Reports

But you may wish you were in Caracas, Venezuela, where enormous government subsidies cut the price to a ridiculous 6 cents per gallon. And you may thank your stars you're not in Asmara, Eritrea, where taxes. If you're in the U.S., probably about $2.70 per gallon. Yep, six pennies.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Venezuela, an OPEC member, has even proposed an emergency summit meeting. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Their suffering has led some to call for a change in strategy to “balance” the market and boost prices.

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Mad Power thoughts

EV Info

Ministers decided they would rather throw hundreds of Northern workers out of a job, turn down hundreds of millions of pounds of investment and rely instead – for the five million tonnes of coal per year gap that we still need for industry – on energy imports from those famously reliable partners, Russia and Venezuela.

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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

million barrels per day, equivalent to the amount currently imported daily from the Persian Gulf region and Venezuela. “This most recent study is fundamental because it shows that the economics of electric cars with today’s technology favor a paradigm shift in the automotive industry.&#

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One Million and 300 Million

Plug In Partners

The plans include a $ 7,000 tax credit to drivers who buy advanced-technology vehicles and $4 billion in direct assistance to Detroit automakers to help them build hybrid vehicles in the U.S. “I We can do this,” he vowed in Michigan, the nation’s car capital, promising to spend $150 billion over 10 years on the effort.

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