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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009. The repurchase price of $27.50 premium over the closing price on 18 December 2012. —Dan Ammann, senior vice president and CFO.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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Canadian Study Concludes Rebates to Hybrid Buyers Not Cost-Effective for Reducing Carbon Emissions

Green Car Congress

People are choosing hybrids over similarly priced small- and medium-sized conventional cars, which are not far behind hybrids for fuel efficiency and emissions. Our estimates indicate that two-thirds of people who buy hybrids were going to buy them anyway. The Canadian government offered hybrid rebates during 2007-2008.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Here’s a quick timeline of the key incentives based on information from the Norwegian Electric Vehicle Association : The key benefit for EV owners remains the green tax deals on buying (no purchase or import tax), leasing (no VAT on leased EVs) and owning EVs (no road tax, reduced company car tax).

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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

Miller of Synovate believes that in the US “ 20% of the people are willing to pay up to 10% of the vehicle’s purchase price more (i.e. The role of emotion in buying cars. Would you buy this vehicle? Edwards believes that “ Gas prices alone are not what will increase hybrid sales. United States.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

It allows more consumers to buy some electric driving sooner, and thus to experience and form value for electric driving. Scott Miller He also noted that their research shows that fuel efficiency is the number 12 reason for buying a car and that environmental friendliness ranked 38. Kurani (2008) The Early U.S. Ken Kurani.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. —Bill Cooke.

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