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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

In order to reach this out-of-touch conclusion, the killjoys at Investopedia start with an assumption that one should limit their transportation expenses to 10 percent of an annual salary, including insurance, fuel, maintenance, and the car payment itself. If I made $100,000 per year, I sure wouldn’t be tooling around in a 2016 Equinox.

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Volvo sells 11 electric hybrid buses with 2 ABB automated fast-chargers to Namur, Belgium

Green Car Congress

TEC is buying the bus system as a turn-key solution. Volvo takes full responsibility for vehicle servicing, battery maintenance as well as maintenance of the standard-based charging stations for a fixed monthly cost. Start in-service is planned towards the end of 2016.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

What will keep first-time owners coming back to buy another BEV is the compelling experience with the safety and technology features, lower service and maintenance costs, and pure driving enjoyment. Survey respondents for the study include 8,122 owners of 2016-2022 model-year BEVs and PHEVs.

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California ARB receives VW’s 1st $200M, 30-month ZEV investment plan

Green Car Congress

On 25 October 2016, the United States District Court for the Northern District of California approved a proposed 2.0-liter Appendix C outlines four areas of qualified investments: ZEV infrastructure (including the development and maintenance of ZEV charging stations), public awareness, increasing ZEV access, and a green city.

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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

Green Car Congress

A shift from buying cars to buying “mobility” will be a driving force of change in the automotive future, the study says. MaaS companies are expected to be among the key adopters of electric and driverless cars with a shift towards buying their own fleets as opposed to drivers providing their own cars.

Sale 150
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T&E concludes that diesel cars emit more CO2 on a full lifecycle basis than gasoline cars

Green Car Congress

Europe buys 7 out of 10 diesel cars and vans sold globally while less than 1% of new vehicles sold in the US are diesel and in China, the world’s largest vehicle market, diesel represents less than 2%. This “diesel bonus” cost national budgets almost €32 billion in lost tax revenue in 2016 alone.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. FY2017 Low-No projects. Description. Antelope Valley Transit Authority.

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