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

Green Car Congress

The new car market in the UK continued to decline sharply at the start of 2009, with volumes down by 30.9% in 2009 to 1.72 A number of EU member states have launched scrappage incentive schemes, which have the benefit of boosting consumer confidence and delivering significant environmental improvements. million units.

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Industry experts have their say on scrappage plans

Green Cars News

Alistair Darling’s 2009 Budget, which announced the introduction of a £2,000 scrappage incentive scheme in the UK, has been met with mixed reviews from industry experts. According to Retail Motor Industry Federation (RMIF) chairman Paul Williams, the announcement could offer a significant boost to new car sales.

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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., An earlier, separate study by UC Davis transportation economist Christopher Knittel concluded that the US scrappage program paid nearly 10 times the projected price of carbon credits per ton in the best-case scenario to reduce GHG emissions.

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

Green Car Congress

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. years in 2016 but not reach 11.7

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Scrappage scheme prompts sales boost

Green Cars News

According to its statistics, September, traditionally a large volume month anyway due to the number plate change, will be the biggest month for 2009 with an 11.8 According to Paul Everitt, SMMT chief executive, the scrappage scheme is laying the foundation for future success in the industry.

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Green car becomes top selling model of 2009

Green Cars News

The last year was not the easiest for the car industry, figures out today show that car sales were down 6.4 The situation could have been made worse if it weren’t for the support of the scrappage scheme, [.]. Tags: Ford Green credentials 2009 Fiesta figures focus registrations Sales scrappage smmt.

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Scrappage scheme slashes CO2 levels

Green Cars News

The scrappage scheme has put the car industry on track to meet the EU target of 130g/km of CO2 by 2012. per cent in the first nine months of 2009 from an average of 159.31g/km in September 2008 to 150.56g/km in September 2009.