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Mayor of London expanding Ultra Low Emission Zone London-wide; new £110M scrappage scheme

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Among other improvements, the expansion is forecast to make further progress to reduce air pollution, by reducing NO x emissions from cars and vans in outer London by 10% and 7% respectively, and reducing PM 2.5 car exhaust emissions in outer London by nearly 16%, benefitting five million outer London residents. Expanded ULEZ in August 2023.

Scrappage 273
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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. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4 This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. million (1.5

Scrappage 210
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. from last year.

2015 150
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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. years in 2016 but not reach 11.7

2015 150
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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

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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. Forecasts are still very uncertain and subject to constant adjustment, notes ACEA. in Austria, 5.1% in Greece, 11.8% in France and 39.7%

2009 150
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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

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Production forecasts from IHS. very aggressive model of penetration; Establish vehicles-in-use, scrappage, and sales estimates for vehicles in the fleet using the old technology/fuels and vehicles using the alternative powertrains/fuels; and. For 2020 to 2050, the UMTRI team then used their knowledge of past and current country.

Fleet 218
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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

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Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% —Anthony Pratt, director of forecasting for the Americas at Polk. Click to enlarge. over 2011 volumes to 77.7 million vehicles.

2012 199