CORRECTED-Global vehicle sales to fall by 2040, but oil demand to rise, study predicts

(In 3rd paragraph, clarifies that annual sales are of privately owned vehicles. Also corrects to 67 million from 80 million the number of vehicles currently sold in those regions.) By Paul Lienert and Jessica Resnick-Ault Nov 14 (Reuters) - Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services like Uber, but demand for oil will keep rising, according to a study released Tuesday. Another ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? Log in here here.