Green Car Congress
APRIL 9, 2020
IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 Regionally, that breaks out to: -26% US vehicle sales decline YoY to 12.6 17% Europe vehicle sales decline YoY to 17.1 14% China vehicle sales decline YoY to 21.8 million units. million units. -17%
Green Car Congress
DECEMBER 7, 2020
November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% from October and by 127.8%
Green Car Congress
MARCH 25, 2021
While COVID-19 has had a negative impact on vehicle markets around the world, sales of electric vehicles (xEVs) have grown strongly, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages. With European penetration rates of up to 20.5
Green Car Congress
AUGUST 14, 2009
do not discuss the merits of the program in terms of stimulus. While the program is an expensive way to reduce greenhouse gases, it is certainly possible that the stimulus benefits outweigh the added environmental costs. a consultancy, noting that fading interest suggests current car sales are borrowed from the future.
Green Car Congress
NOVEMBER 3, 2013
billion program provided a short-term boost in vehicle sales; however, some of these sales were pulled forward (or borrowed) from sales that would have occurred in the future in the absence of the program. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.
Green Car Congress
JANUARY 9, 2010
Light vehicle sales in 2009 were 10.4 As government stimulus programs end, consumers must have confidence to continue spending and businesses need to invest and hire, otherwise the economic recovery could slow in 2010. Polk & Co. predicts the light vehicle market will be 11.5 million, the lowest level in 27 years, and 21.2%
Green Car Congress
MAY 7, 2009
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Sales of China’s Chery, which makes cars with small engine capacities, hit a record high of more than 42,000 units in April.
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