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

Green Car Congress

over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million, an increase of 2.4% million units.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

Green Car Congress

Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. In 2009, Juniper Engines introduced its new 2.0-liter Calendar year 2009 revenue was approximately US$23.4