Page 33 - Emissions Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key developments - U.S....

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key developments - LMC...

Market Trends and Regulatory 1.32 million units in June, representing a 19.5% increase from June 2020 and an 8.3% decrease from June 2019, with the decline attributed to weak fleet sales.  The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is projected to be  15.8 million units.  The same forecast notes that U.S. retail sales continue to experience strong demand, but “ the effect of fewer vehicles in inventory at dealerships is finally starting to have a material effect on aggregate industry sales volumes.” Cox Automotive, in its 2021 Mid-Year Review, predicts...

China to Fordannounced a new business unit, Ford Pro, as part of an initiative to increase revenue from its commercial business to $45 billion by 2025, from $27 billion in 2019. Electric vehicles and low emissions technology: over $30 billion in EVs by 2025, up from $22 billion committed earlier this year, and 40% of its global production volume will be electric by the end of the decade.  EVs represented 1.2% of Ford’s U.S. sales through April, and the automaker’s future electrification strategy emphasizes its most iconic brands, such as the Mustang, the F-Series and the Transit van...

Global production loss of 3.8 million units in 2021 due to the semiconductor shortage, senate Democrats proposal to allocate $52 billion toward domestic research and manufacturing of semiconductors, California Air Resources Board unanimously approved the Clean Miles Standard