Remove 2016 Remove Gasoline-Electric Remove Purchase Remove Scrappage
article thumbnail

IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. The average age of electric vehicles in the US is 3.9 The average age of electric vehicles in the US is 3.9

Light 243
article thumbnail

Volkswagen to offer incentive in Germany of up to €10,000 to scrap Euro 1-4 diesels

Green Car Congress

Volkswagen is offering an incentive of up to €10,000 (US$11,815)—depending upon the model purchased—for the purchase of Euro 6 vehicles in Germany if an older diesel vehicle (Euro 1 to Euro 4 standards) is scrapped at the same time. Customers purchasing a new Golf receive an environmental incentive of €5,000.

Germany 170