Green Car Congress

JUNE 9, 2014

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. —Mark Seng, director, aftermarket solutions and global aftermarket practice leader at IHS Automotive. In comparison, a record high of more than 14 million vehicles were scrapped in 2012.

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Scrappage Vehicles Auto Industry Light 210

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 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. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2

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2015 Light Market Global 150

Green Car Congress

JULY 29, 2015

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. —Mark Seng, global aftermarket practice leader at IHS Automotive. until 2018.

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2015 Light Scrappage Vehicles 150

Green Cars News

OCTOBER 6, 2009

The UK’s car scrappage scheme may have been dubbed a resounding success by the majority of car manufacturers and consumers alike, but it hasn’t won plaudits from all corners. There are ominous questions looming too, as to what the motor industry will do when the scrappage scheme ends. The Green Piece: Tuesday 6 October, 2009.

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Scrappage Green CO2 Green Cars 32

Green Car Congress

JANUARY 3, 2012

Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Polk forecast, millions of units.

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2012 Sale Global China 199

Drive Electric

NOVEMBER 24, 2021

Scrappage schemes. Presently, there is a limit to global EV supply and preferential supply is going to markets with strict emissions standards and consumer incentives. The European Commission put in place emissions standards starting in 2012. The impact of the Clean Vehicle Discount can be seen in light vehicle sales.

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Clean Cleaning New Zealand Transportation 52