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The Global Light Vehicle (LV) selling rate neared 91 million units/year in July, the best result of the year so far, according to numbers just released by the respected GlobalData consultancy.* In a year-on-year (YoY) comparisons market volumes were marginally down on July 2023. Year-to-date (YTD), the market remains in positive territory, up just under 2%.**
“Sales in China maintained a solid pace as NEVs sales continue to gain traction. In the US, YoY sales declined as high vehicle pricing and concerns over the economy weighed on vehicle consumers. The same can be said for Western Europe, which saw its selling rate struggle in July. Meanwhile, the Japanese market surged as supply has begun to catch up from the losses created by the previous vehicle certification issues,” the Global Data Light Vehicle Forecasting Team said. Continue reading
CARB Settles Nuisance Odor Case at AB&I Foundry
The California Air Resources Board (CARB) and the Bay Area Air Quality Management District (BAAQMD) said today that they finalized a settlement with McWane, Inc., doing business as AB&I Foundry, of East Oakland, Calif., to resolve nuisance odors and permit violations stemming from its operations.
“CARB’s enforcement efforts are a critical component of upholding the state’s air quality regulations to resolve and remediate harms to the public, especially in disadvantaged communities, as was the case with AB&I Foundry. The residents of East Oakland can breathe cleaner air and no longer suffer from the foundry’s noxious odors,” said CARB Chair Liane Randolph. Continue reading →