article thumbnail

Hyundai scrappage scheme in UK offers up to £5,000 off price of new model

Green Car Congress

In the UK, Hyundai Motor has launched a gasoline and diesel scrappage and trade-in scheme that offers up to £5,000 (US$6,416) off the price of a new model and seeks to improve air quality across the UK by making it easier and more affordable to drive a new, lower emission car. The scheme will run until the end of 2017.

Scrappage 150
article thumbnail

New Car Registrations in UK fall 30.9% in January; Industry Urges UK Government to Provide Scrappage Incentives to Boost Demand

Green Car Congress

to 112,087 units, according to figures from the UK’s SMMT (Society of Motor Manufacturers and Traders). A number of EU member states have launched scrappage incentive schemes, which have the benefit of boosting consumer confidence and delivering significant environmental improvements. SMMT expects the market to decline by 19.3%

Scrappage 150
article thumbnail

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

Green Car Congress

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. hybrid engines that use gasoline or diesel fuel). Motor Engineering and Manufacturing North America.

Fleet 218
article thumbnail

Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes. —Kagawa et al.

Emissions 218