It's a $37 billion market that's expected to double.
Even by 2027, hydrogen fuel cell vehicles will still account for fewer than one in 1,000 new cars, study says.
Through the first six months of 2015, the Ford Mustang is the world's best-selling sports car, and that's before it launches in right-hand-drive markets.
Norway was the world’s top electric vehicle market through the first quarter of 2015 based on registration percentage, ahead of major markets US and China.
IHS Automotive finds that the Tesla Model S was the best-selling electric car in the US for the first three months of 2015.
Now you've done it, America. A new study by IHS Automotive has revealed that American motorists are turning to the high-riding style of crossovers and sport utility vehicles more than they are traditional sedans. Through May of 2014, IHS says that SUVs and CUVs account for 36.5 percent of new vehicle registrations. Sedans, meanwhile, cover just 35.4 percent. That represents a flip-flop from the same period five years ago, when the trusty four-door occupied 36.3 percent of registrations to the SU
As we've already learned, 2013 was a pretty big year for diesel and hybrid sales. According to registration data, there are now 7 million diesel passenger vehicles and 2.8 million hybrids on the roads in the US. Diesel registrations grew by 410,040 last year, and hybrids increased by 531,385. From 2010 to 2013, diesel registrations increased by 30 percent, and hybrid sales grew by 64.5 percent. When compared to an overall market growth of just 3.7 percent, those numbers are remarkable. Diesel Te
Plug-in vehicles are getting a lot more done during their proverbial senior year than hybrids ever did. IHS Automotive is poking holes into the theory that plug-in vehicles aren't selling as well by comparing them to hybrids at the same stage the technology's evolution. Turns out, the plug-ins come out substantially ahead.
The global automotive market will continue to surge into the start of the next decade, according to a new report from IHS Automotive. The analytical firm is reporting that global annual production will increase by 21 million units by 2021. Global production has already seen a 25-million-unit increase since the dark days of 2009.
Well, fellow humans, we're going to obsolete soon. A new study by IHS Automotive claims that by 2025, a mere 11 years from now, there will be 230,000 self-driving cars on world's roads. 10 years beyond that, the number will swell to 11.8 million, although only select models will do without any traditional means of human control by 2030. By the middle of the 21st century, nearly every vehicle on the road will be of the autonomous variety.
Good news is on the horizon for global automakers as a confluence of factors could lead the number of cars sold globally to surge from the current estimate of 82 million for 2013 to over 100 million by 2018, according to a recent report from The Detroit Free Press. What's interesting, though, is that it won't be the US market leading the surge.