Remove Industrial Remove Market Remove Peru
article thumbnail

LME copper prices at 9-year high

Green Car Congress

That prices should be at such elevated levels during the middle of the Chinese Lunar New Year holidays, when Mainland buyers are absent from the market, raises the spectre of whether commodities are poised for a new super-cycle, driven by the increasing demand for renewable energy to meet global decarbonization targets, Roskill said.

Price 399
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.

Europe 261
article thumbnail

Omnitek Engineering Forms Joint Venture in Peru to Convert Diesel Engines to Natural Gas

Green Car Congress

Omnitek Engineering Corporation has formed a joint venture with local partners in Peru to convert diesel engines to operate on natural gas, as well as provide services to re-power diesel trucks and buses utilizing Omnitek’s natural gas engines. Based in Lima, Peru, the joint venture will operate as Omnitek Peru S.A.C.,

Peru 150
article thumbnail

Omnitek Awarded License to Convert Diesel Engines to Operate on Natural Gas in Peru

Green Car Congress

Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. In March the company entered the Peruvian market with a multi-year contract to convert a fleet of beverage and milk delivery vehicles owned and operated by Lima-based Leche Gloria.

Peru 150
article thumbnail

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Calendar-year 2015 is also likely to set all-time highs for the North American auto market, the report said. The industry delivered 16.5 Data: Scotiabank.

2015 150
article thumbnail

GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

Green Car Congress

GM gained four-tenths of a point of market share to 11.9% of the global vehicle industry. On a corporate basis, GM’s two largest markets in 2011 were China, where GM and its joint venture partners increased sales 8.3% GM is the market leader in both countries. Top 10 Chevrolet sales markets in 2011. North America.

2011 218
article thumbnail

Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210