A new report from Ricardo predicts a significant rise in sales in the
The company says that sales in the light duty vehicle segment (up to 8,500 pounds gross vehicle weight) are projected to grow from a mere 43,000 units in 2004 to over 1 million units annually by 2012, rising to 1.5 million by 2015.
Elsewhere, the global growth of light duty diesel sales continues apace, with 2004 posting the largest volume increase for a decade.
The sales ratio of diesel to gasoline vehicles for the larger manufacturers continues to grow, led by Volkswagen which now reports over 60% of its car sales as diesels.
In the context of a marginally strengthening passenger car market in
US light duty diesel vehicles: sales are on the up