Auto Industry Cars Economy Oil Prices 
Green Car Congress
MARCH 27, 2020
A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. The region faces months of rolling disruption as the conjoined health and economic crises play out across economies. Europe autos demand for 2020 is set at 15.6 million units.
Green Car Congress
JULY 6, 2017
Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.
Wallbox
JANUARY 4, 2021
This growth is no small feat considering overall car sales have been falling in the past two years. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well.
Green Car Congress
FEBRUARY 3, 2015
The size of the contraction of the Russian car market remains a significant wild card that will impact the European market throughout the year, according to the analysis, while other countries in the region continue to recover at a rate of 2.5 The North American market will continue its upswing, though the pace differs by country.
Green Car Congress
FEBRUARY 14, 2009
New car buyers are not like pioneers, advocates and experts, Kurani noted. The Most Plausible Early Market consumers value fuel economy. Questions for the industry, Kurani said, include how do we get from where households currently are to where PHEVs provide the most benefit? Which cars should be built when?
Green Car Congress
APRIL 30, 2009
Paul Taylor, Chief Economist for the National Automotive Dealers Association, had the following observations: At $4/gallon gas people looked at more economical versions of the same vehicle rather than going down in vehicle size—they continue to buy cars that meet their needs. Department of Defense and Fuel Economy.
Green Cars News
OCTOBER 15, 2009
Industry analysts reckon oil demand in developed countries likely reached its all-time peak in 2005. The economic downturn has been masking a larger trend in the oil demand of developed countries,” said IHS CERA Chairman and Pulitzer Prize-winning author of The Prize, Daniel Yergin.
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