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

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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. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

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Report: California cumulative PEV sales at 10.5% of 2030 goal; true ZEVs at 5.6%

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Additionally, FCEVs (fuel cell electric vehicles) also would count towards the ZEV total, but data from the California New Car Dealers Association (CNCDA) show total market share for these vehicles to date at a mere 0.1%. Light truck sales. Light truck market share in California in Q4 2018 was 57.3%, up from 54.0% a gallon, 19.5%

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Westport acquires Alternative Fuel Vehicle Sweden AB, European natural gas system supplier to Volvo Cars

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—Ian Scott, President of Westport Light Duty (LD). Volvo dealers in Sweden have offered a bi-fuel 231-hp 2.5 liter turbocharged version of the V70 wagon, with the natural gas fuel system engineered and installed by AFV, since 2009. AFV now aims to expand into other European markets.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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In DB’s Fall 2009 note, they had forecast 12% growth. Increasing political animus towards the ethanol tax credit, which was “ begrudgingly renewed for one year in the lame-duck tax bill.” The Toyota Prius became the biggest selling car in Japan in 2009, and has remained in that position throughout 2010.

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Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

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billion) for the full fiscal year ending 31 March 2009. In the third quarter, the consolidated net loss after tax came to ¥83.2 Nissan will launch an average of 10 all-new vehicles per year in the 2009-2012 period, including the company’s all-new, A-Platform entry-car lineup and a dedicated all-electric vehicle.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

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Its goal was and is to reduce the environmental impact of light-duty vehicles through the gradual introduction of ZEVs into the California fleet. Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. Background. LVMs, IVMs, SVMs.

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Nissan’s Big Gamble

Revenge of the Electric Car

This is before the $7,500 federal tax credit. Hans Greimel Automotive News July 6, 2009 - 12:01 am ET. Dealers excited. “By the time the electric car comes on line in 2012, the economy in California will be in a better place,&# says Driebe, the 2006 chairman of the Nissan Dealer Advisory Board.

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