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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 While new vehicle sales proved resilient, the most significant impacts to VIO from the pandemic were felt in the rate of vehicle scrappage and vehicle miles traveled. of VIO for the whole year.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4

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Scrappage Scheme Moving Forward in US Congress

Green Car Congress

Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkers” scrappage program. The program will be authorized for up to one year and provide for approximately one million new car or truck purchases. Light-Duty Trucks: The old vehicle must get less than 18 mpg.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

light-duty vehicles (LDVs) to calculate the GHG emissions and costs of a wide range of vehicle-fuel technologies—highlighting the need for a comprehensive LCA and economic assessment focused on the U.S. Levelized cost of driving for current (2015, dark bars) and future (2025–2030, light bars) technology pathways. 7b06006.

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Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. million motorists tempted to cash in on the scheme, these consumers are set to lose a total of £12.5

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Given New Zealand’s reliance on personal light vehicles, accelerating the uptake of e-mobility is an essential part of reducing emissions from transport. The technology is ready and available to make this transition in the light vehicle fleet. Scrappage schemes. Principle . FBT, depreciation); and. Drive Electric members’ views.

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

The report reviews policies that bear upon two categories of choice: travel choices such as how and how far to travel and vehicle purchase choices. Medium-term potential exists in reallocating road space to extend bus and light rail provision. It also discusses fuel taxes and prices, which affect both travel and vehicle choices.

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