Green Cars News
AUGUST 4, 2009
In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. 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? Averting a slump.
Green Cars News
JULY 28, 2009
The UK has been an epicentre for drivers with a green conscience for many years. Last week, Nissan announced plans to make electric car batteries at its plant in Sunderland, creating 350 new jobs in the process (see ‘ Nissan to make electric car batteries at Sunderland plant ’). Now it seems that its efforts have been rewarded.
Green Cars News
AUGUST 4, 2009
So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Even though corporate purchases of vehicle fleets continued to drop, the number of retail sales of Ford cars and pick-up trucks among the public leapt by nine per cent.
Green Cars News
AUGUST 21, 2009
The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Most consumers have turned in trucks and SUV’s in exchange for passenger cars, with an improved gas mileage of about 60 per cent, according to official figures. billion in rebates.
Green Cars News
AUGUST 18, 2009
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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