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China Forecast to Produce 12M Vehicles This year

Green Car Congress

Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

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Greenius Is Fired Up Over Obama’s Green Economic Recovery Bill!

Creative Greenius

And for those of us who believe that the future of the auto industry involves a plug and a battery - Plug In America just released their press release with the following headline: Plug In America Hails Plug-in Electric Car Aid in Stimulus Bill. Investing in Scientific Research (More than $15 Billion). Some people never will.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. But in today’s environment, this practice has been overwhelmed by the sheer number of at-risk suppliers. Further, the government may be suffering from the early stages of bailout fatigue.

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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

At the same time, the value to the economy and environment of a major push for plug-in cars as part of the recovery hasn’t sunk in at the top. And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry. Chrysler was told to consummate with Fiat quickly or else.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery. The future of EVs looks bright, despite COVID-19.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Home Page Todays Paper Video Most Popular Times Topics Search All NYTimes.com Energy & Environment World U.S. Bob Lutz’s Latest Volt Test Drive Sprinting for Green Stimulus Dollars New Subsidies for Electric Cars in Britain Electric Car Makers: Oregon Wants You G.M. Supporters of the car say that’s shortsighted.

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