Auto Auto Industry Oil Prices 
Green Car Congress
MARCH 27, 2020
Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe autos demand for 2020 is set at 15.6 million units. million units, down by 13.6%
Green Car Congress
FEBRUARY 12, 2019
CAR said that a number of positive factors support a high level of US light vehicle sales, including: Projected moderate US economic output growth in 2019; Historically low US unemployment rates; Relatively low oil prices continue through 2020; Underlying nominal wage growth continues; High levels of consumer confidence were reached in Q4 2018; and.
Green Car Congress
JULY 6, 2017
The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. We see a momentous inflection point for the global auto industry in the second half of the 2020s.
Green Car Congress
FEBRUARY 3, 2015
in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units.
Green Car Congress
JULY 4, 2009
The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. And the auto industry doesn’t hold back on announcements.
Green Cars News
JANUARY 6, 2011
While the global economic climate may still be fairly dire, a new report suggests that for the UK auto industry growth will be driven by new technology and investment into alternative fuel powertrains over the coming few years. While rising oil prices might seem to pose a threat to auto makers, according to the latest [.].
Green Car Congress
APRIL 30, 2009
Skalny, Director, US Army TARDEC shared the following insights on fuel usage within the Department of Defense (DOD): Every $10/barrel increase in oil prices adds $1.3 Department of Defense and Fuel Economy. billion/year to the DOD’s fuel bill. —Bill Cooke.
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