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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

The small car segment has increased its share. While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. Van (-57%) and truck production (-56%) dropped even more than the manufacture of passenger cars (-31%).

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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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It is good to be small as auto market stumbles

Green Cars News

As automotive production in Europe falls by a whopping 35 per cent, small cars have reached a new record high market share reflecting consumer concerns about the general economy and the environment. per cent and Germany down 32.3 Nevertheless, small cars reached a market share of 44.9 per cent, Italy down 38.6

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Part of the swing in culture has been a downturn in new car sales. It seems a spark is needed to get us back to the showrooms – so are the leading manufacturers right to put their faith in green cars? Honda too has pinned its recovery hopes on green cars, pushing both hybrid and hydrogen fuel cell technology. Averting a slump.

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Resounding success or a piece of scrap? The Green Piece

Green Cars News

Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Environmentalists have dubbed the vehicle scrappage scheme “a bailout masquerading as a green initiative” and have slammed the Government for failing to tie the initiative to green cars.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. At least that was until analysts started to delve a little deeper.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

The luxury segment also offers a wide variety of product options for consumers across all segments, ranging from small cars to SUVs. Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. Brands in the US.

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