IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • IHS Markit has identified eight transformative technologies to watch in 2018. Some are new, and some are rapidly evolving—and even teaming up—in ways that are disrupting industries and fueling innovation at lightning speed. Take a look at what we think you need to pay attention to: 1. Artificial Intelligence (AI) Industry experts are abuzz with innovations in autonomous vehicles, infotainment, n...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • IHS Markit expects global E&P sector exploration budgets to remain flat in 2018 as operators continue to focus on efficiencies and improved recovery in generating supply growth. The reality of today is that most operators will prioritize short-cycle development opportunities over greenfield exploration prospects to generate both financial returns and reserves growth. What exactly do we mean by s...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Despite populist political turmoil, Western economies are still humming. One barometer: the robust health of the global auto trade. Under pressure from environmentalists, governments are forcing firms to reduce carbon emissions. That didn’t stop car companies around the world from churning out around 80 million units this year, up 33% from around 60 million at the start of the century. Despite r...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • PAt CES 2018, experts from IHS Markit expect to see a wide-range of companies from automakers and traditional industry suppliers to start-ups and mega technology firms touting their newest ideas, concepts, and production-ready innovations – all with the aim of reinventing what the automobile is and what it can do. Regarding the automotive industry, the announcements made and exhibits on display w...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • North Korea has made progress in late 2017 on its experimental light water reactor at Yongbyon. Allison Puccioni and Elliot Serbin demonstrate how multiple intelligence sources can produce a better understanding of the reactor’s operations. This is an extract from an article from Jane’s Intelligence Review. Key points New multi-source research by the Center for International Security and Coope...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • CERAWeek hosted the India Energy Forum in October, 2017, and at the forum, IHS Markit’s Vice President of Upstream Oil & Gas Research and Consulting, Paul Markwell, spoke to the crowd about the global upstream outlook. Mr. Markwell said that upstream players – governments, oil companies, other investors – generally recognize that we are in a paradigm of “lower for longer” prices. As such, a suita...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • More than 33 million autonomous vehicles will be sold globally in 2040, a substantial increase from the 51,000 units forecast for the first year of significant volume in 2021, according to the latest autonomous vehicle sales forecast from business information provider IHS Markit. Key market dynamics influencing growth are accounted for in the latest analysis from IHS Markit. The rapid convergence...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Monthly GDP Index rises 0.8% in November 2017 The Monthly GDP Index rose 0.8% in November, following a 0.3% decline in October that was revised down from a previously reported 0.1% decline. The jump in November reflected sizable gains in both inventory investment and domestic final sales, with little contribution from net exports. Averaged over October and November, monthly GDP was 1.5% above the...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Renault Group has released data showing a 4.8% year-on-year (y/y) increase in November, putting it on course for a strong 2017 performance. IHS Markit perspective Implications: Gains have come predominantly from its European and Eurasian markets, while its performance has dipped elsewhere. Outlook: IHS Markit anticipates that for 2017, Renault Group will record an increase of around 8.5% y/y. ...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • December and New Year’s are peak periods for global alcohol trade, which is thriving as hundreds of millions in Asia, Africa and Latin America earn higher wages and adopt Western tastes in booze. Almost all the major exporters of the big three – wine, beer and spirits – are gaining market shares and increasing shipments, according to an analysis of IHS Markit’s Global Trade Atlas, creating opport...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Zhejiang Geely Holding Group is set to strengthen its foothold in the production of trucks with the possibility of using its existing commercial vehicle base in Sichuan province in China. IHS Markit perspective Implications: Zhejiang Geely Holding has now extended its interests in the CV segment by announcing the planned acquisition of Cevian Capital's stake in AB Volvo. Outlook: Zhejiang Geel...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • In early December, the US imposed fresh tariffs of up to 266% on imports of Vietnamese steel, one of the first salvos in the Trump administration’s efforts to protect American heavy industry. Other duties on steel imports are expected. Steel companies are well practiced at lobbying the Commerce Dept. for tariffs, so it’s no surprise they managed a quick win. Vietnam isn’t exactly famous for its s...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Despite an expected slowdown in drilling activity in 2018, IHS Markit forecasts an uptick in frac demand as built-up drilled uncompleted (DUCs) wells from 2017 are completed and begin to produce. The Permian, Haynesville, and Eagle Ford are expected to see the largest absolute increases in horsepower demand during 2018. The Permian will account for 40% of US onshore rigs in 2018 with an estimated...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • New vehicle sales in Indonesia declined 4.6% year on year (y/y) to 96,191 units during November, while vehicle production was up 4.5% y/y to 112,750 units. IHS Markit perspective Implications: The decline in Indonesia's vehicle sales during the month was largely due to a high base of comparison. Outlook: IHS Markit expects new vehicle sales in Indonesia in 2017 will be propelled by non-taxable...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • As the North American International Auto Show, to be held in January 2018 in Detroit, Michigan, United States, approaches, automakers are providing a glimpse into their show plans. IHS Markit perspective Implications: Honda is expanding its electrified and hybrid powertrain offerings with a third-generation Insight. This Insight takes a more traditional, conventional shape than the first two ge...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • With the end of the year coming quickly, like our colleagues at OPIS, our team is also taking a break from holiday festivities for a look back. Immediately after the November 2016 OPEC meeting, when the historic OPEC and non-OPEC supply cutting alliance was formed, IHS Markit made some key predictions for oil markets in 2017.  Now is the appropriate time to review the accuracy of those predictio...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Thai new vehicle sales surged 20.6% year on year (y/y) during November to 78,082 units, with passenger vehicle volumes up 34.9% y/y and commercial vehicle sales up 12.5% y/y. IHS Markit perspective Implications: The Thai new vehicle market grew for the 11th consecutive month during November, mainly thanks to new model launches, the expiry of the five-year lock-up period for vehicles bought unde...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • While 2017 may draw to a close with the Islamic State all but successfully defeated in Iraq and Syria - restoring some semblance of order to the early 21st century geopolitical paradigm - when the year is reviewed through a more traditional ‘Cold War lens’ the outlook does not look so good for the West. Most obviously, not only is the US, as the sole democratically elected superpower, losing its ...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Celebrating 100 years of Chevrolet pick-up trucks, the brand showed one of eight planned Silverado variants, the LT Trailboss, to media and Chevrolet truck owners in Texas on 16 December. A full reveal is due at the 2018 North American International Auto Show (NAIAS) in January 2018. IHS Markit perspective Implications: Chevrolet has teased out initial information and shown one of eight planned...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Little-change across global commodity markets Whilst most commodity prices remained somewhat flat, chemicals and oil stood out on the upside in November. Brent crude reached the highest monthly average since May 2015 at $62.64/barrel amid pricing speculation following OPEC cuts. Meanwhile, chemical markets were on the rise during November, with the composite price index reaching a nine-month high...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • This is a collaborative article written by Mónica Hoz de Vila and Siddhartha Sen. Mexican President Enrique Peña Nieto led a press conference at the Miguel Hidalgo refinery on November 3, 2017, announcing PEMEX’ successful efforts resulting in a historical gas discovery, the Ixachi 1. The last significant onshore gas discovery made by PEMEX was the Giraldas fields in 1977 in Tabasco, the largest ...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • The passenger car market in the European Union posted another month of growth in November, according to the latest data published by the European Automobile Manufacturers' Association.  IHS Markit perspective  Implications: The passenger car market in the European Union was again helped by an additional working day in November. Outlook: For the full year 2017, IHS Markit expects registrations ...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • Worldwide defence spending forecast to reach $1.67 trillion in 2018. Global defence expenditure is set to increase again in 2018 to reach its highest level since the end of the Cold War, according to the annual Jane’s Defence Budgets Report released today by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. According to the Jane’s report, defence spendin...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • South Africa's ruling African National Congress (ANC) meets on 16–20 December in Johannesburg for an elective conference to choose a successor as party president to embattled head of state Jacob Zuma ahead of national elections in 2019. The contest looks to be a straight fight between Zuma's former wife, Nkosazana Dlamini-Zuma, and Deputy President Cyril Ramaphosa, who if successful is highly like...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • The deployment of the army to combat criminality reflects the marked security deterioration in Rio de Janeiro, compounded by a severe fiscal crisis that has resulted in cuts to the police budget. In recent months, Rio de Janeiro has seen a marked increase in intra-gang war and in armed confrontations between police and criminal gangs. Although the incidents have taken place in different slums acr...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • The Perth Basin, situated onshore and offshore, southwest Australia, is a basin with particular interest. It carries previous exploration success from 1964, as well as having a potentially promising future with numerous prospects mapped. The recent onshore Waitsia gas discovery, regarded as the largest onshore conventional gas discovery in the country for the past 30 years, also sits within the ba...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • The global economy finally broke out of the doldrums in 2017, putting to rest persistent fears of “secular stagnation.” The best performance since 2011 was the result of more rapid growth in the US, Eurozone, and Japanese economies. Emerging markets also contributed to faster global growth, as some of the worst-hit economies (e.g., Brazil and Russia) emerged from recession. Last December, we set f...

IHS Automotive - Driven by Polk
IHS Automotive - Driven by Polk
Blog Post
  • On 7 December, forces nominally supporting the internationally recognised government of President Abdu Rabu Mansour Hadi resumed a stalled offensive to recapture the port city of Hodeidah, on the Yemeni Red Sea coastline. The coalition-backed offensive along Yemen’s Red Sea coastline, Operation Golden Spear, was formally launched on 6 January 2017. Despite sustained coalition airstrikes and fire ...

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