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Hyundai scrappage scheme in UK offers up to £5,000 off price of new model

Green Car Congress

In the UK, Hyundai Motor has launched a gasoline and diesel scrappage and trade-in scheme that offers up to £5,000 (US$6,416) off the price of a new model and seeks to improve air quality across the UK by making it easier and more affordable to drive a new, lower emission car. i10 will also benefit from £1,500 saving.

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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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UK new car CO2 emissions fell 3.5% in 2010 and more than 20% since 2000

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improvement recorded between 2008 and 2009. in the first half of 2010 compared with the same period in 2009. The scrappage scheme, which ended in March 2010, was a significant factor in this trend. respectively on 2009 figures. An earlier report by the SMMT showed that average new car CO 2 emissions fell 4.7%

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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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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million, an increase of 2.4% North America. million units.

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

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It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Policies to promote these options include travel planning, fuel and road price increases, dedicated infrastructure or prioritization for non-motorized modes, and training and education campaigns.

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LPG on the rise again as petrol tops £1 a litre mark

Green Cars News

per cent in May 2009 compared to the same period last year compared to the overall market fall of just short of 25 per cent). Proton’s sales figures reflect a growing dissatisfaction amongst motorists towards the over-inflated price of petrol, which is once again on the rise.

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