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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

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In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. million (1.5 percent) since last year.

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

With a mature manufacturing ecosystem, India is poised to contribute to global sustainable mobility solutions, fostering both domestic and international growth in the auto industry. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

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million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis.

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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

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A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., The study also suggests that a long-term Cash-for-Clunkers program may be more suitable to CO 2 e reduction because with such a program policymakers could send a clear, long-term signal to auto manufacturers for more fuel-efficient vehicles.

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Proposed scrappage scheme meets criticism

Green Cars News

The scrappage scheme is only a few days old here in the UK and it has already come under fire. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Leave a comment with your thoughts.

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Ford to sweeten scrappage deal – but is it green?

Green Cars News

Unsurprisingly there is still frenzied interest in the announcement of a vehicle scrappage scheme by Alistair Darling as part of his 2009 Budget. The so-called Scrappage Plus discounts will be available over and above the Government and industry’s shared £2,000 subsidy. Sound good? Well, there is a catch.

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Obama Outlines Next Steps for GM and Chrysler

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In his short address, the President confirmed details that had emerged over the weekend about the next steps for the two auto makers. In other efforts to support the struggling auto industry, the President said that: The government will back the warranties on vehicles from GM and Chrysler. Earlier post.).

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