Volume 7 Issue 3
Arguing for More Group III Production in U.S.
January 17, 2024There are good reasons why North America produces relatively little API Group III base oil – far less than required by the region’s finished lubricant market. But the market would be better off if there was more local Group III capacity, a Chevron official told a recent industry conference.
Ohio Shuns California Emissions Regulations
January 17, 2024Ohio Governor Mike DeWine signed a bill into law last month that, effective March 28, prohibits a state agency from adopting stricter California emissions standards for motor vehicles.
Auto Sales Jumped by Double Digits in 2023
January 17, 2024Full-year new-vehicle sales in the United States were forecast to increase 12% in 2023, reaching 15.5 million units, according to Cox Automotive, with the highest increases occurring in the compact and the compact sport utility vehicle and crossover segments. Automotive services and technology provider Cox said that sales of compact cars jumped 20% to 990,000 in 2023, compared to 824,000. In the compact SUV and cross over category, sales rose 15% to 2.4 million last year, compared to 2.1 million...
From Other Editions of Lube Report
January 17, 2024Sales of Chinese Cars Surge in Russia
Briefly Noted
January 17, 2024Brazil’s National Association of Motor Vehicle Manufacturers, or Anfavea, reported that sales of passenger cars in the South American country jumped 15% to 248,559 vehicles licensed in December, compared to 216,923 in the same month in 2022.