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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

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. Yet even in the automotive industry with its long lead. Motor Engineering and Manufacturing North America.

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US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. This program has been a lifeline to the automobile industry, jump starting a major sector of the economy and putting people back to work,” Secretary LaHood said. billion in rebates.

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Cash for clunkers enjoys early success

Green Cars News

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Meanwhile Ford’s US rivals General Motors and Chrysler also showed signs of modest improvement as their rate of decline slowed.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis. 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.

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Can the UK lead the green car charge? The Green Piece

Green Cars News

Having already adjusted its road tax system to penalise the heaviest polluters and introduced congestion charges; the Government created a vehicle scrappage scheme earlier this year meant to help more motorists make green choices while boosting the automotive sector. Now it seems that its efforts have been rewarded. The argument for the UK….

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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. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.

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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

for the overall US industry. Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. Traditional domestic manufacturers, General Motors, Ford and Chrysler, will continue to grow in 2012 as the industry continues to recover.

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