Global diesel demand 'set to double' 18th April 2006
Demand for diesel-powered light vehicles is expected to reach almost double the current level by 2015, according to the findings of US auto industry experts.
Pressure to improve fuel efficiency in the face of soaring energy prices has set a challenge to auto manufacturers to find viable alternatives to the petrol engine.
While supplies of hybrids and hydrogen-powered vehicles make up a tiny percentage of the market share, diesel engine technology may provide an immediate answer for major markets including the US and Canada.
"As a proven, cost-effective and 'off the shelf' solution, diesel has a head start over other emerging fuel-efficient technologies," said Alastair Bedwell, speaking for J. D. Power Automotive Forecasting, the company that carried out the research.
J. D. Power forecasts that the global market share for diesel-powered cars and trucks will increase from 18 per cent to 26 per cent in 2015, with sales in the US increasing to more than ten per cent of the market, from 3.2 per cent in 2005.
A substantial increase in diesel vehicle sales is also expected for Eastern Europe, though J.D. Power predicts that the Western European market will slow down earlier because of proposed EU emissions legislation, Euro-6.
Asian auto manufacturers including Honda have announced plans to manufacture diesel engines in the UK in response to rising demand in Europe. Volkswagen and Ford are expected to remain the largest global suppliers of light diesel vehicles to 2015.
Ÿ Adfero Ltd
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