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IHS Markit

IHS Markit: Coronavirus Impact on Global Auto Demand

IHS Markit has been analyzing prevailing auto demand conditions in light of COVID-19.

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automotiveMastermind Makes Strategic Decision to Strengthen Product and Technology Divisions

Automotive Mastermind hired one executive and promoted another as an extension of the company’s product and technology departments.

IHS Markit Hires Two Automotive Industry Leaders

Joe Kyriakoza and David Mondragon join IHS Markit to drive integral new client solutions.

October Sales: SAAR Could Hit 17M for 5th Straight Year

The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased incentive spending, and fleet sales.

SAAR Fails to Crack 17M Despite Record August Sales

U.S. sales of new cars and light trucks fell 1.2% year-over-year in August, a sales month that extended through the Labor Day weekend and set new records for Honda, Toyota, and Subaru.

SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted annualized rate fell below 17 million for the fourth time this year.

IHS: Average Age of U.S. Vehicles Continues to Rise

The average age of America’s registered cars and light trucks has risen again, to 11.8 years, according to the latest report from IHS Markit.

IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.

IHS: EV Sales, Loyalty Reach Record Highs

U.S. sales of all-electric vehicles more than doubled in 2018, a year in which EV buyer and lessee loyalty increased to 55%.

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IHS Markit: SUV Shift Not Prominent Among All Groups

According to the research firm’s analysis, more than 35% of U.S. households with a sedan in the garage that returned to market for a new vehicle between April 2017 and March 2018 acquired an SUV. That's up from just 24% five years ago.