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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

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use.

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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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It is good to be small as auto market stumbles

Green Cars News

In the first quarter of the year, production fell to just 3.4million vehicles according to new statistics from the Economic Report from the European Automobile Manufacturers Association (ACEA). Indeed even though schemes such as the vehicle scrappage concept have helped segments of the market, overall vehicle demand went down further as well.

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Resounding success or a piece of scrap? The Green Piece

Green Cars News

The Green Piece - Tuesday 23rd June 2009. Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Hard to argue with statistics like that, isn’t it? Except people are arguing – and they’re arguing loudly. Here’s what they could have done….

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