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. In comparison, a record high of more than 14 million vehicles were scrapped in 2012. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. million (1.5
Green Car Congress
JUNE 15, 2021
COVID-19 and its impact across the US caused a reduction in new vehicle sales as well as a sudden increase in vehicle scrappage, which was a catalyst for increased velocity in the growth of the average age of light vehicles. of VIO for the whole year.
Green Car Congress
JULY 29, 2015
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
Green Cars News
OCTOBER 13, 2009
The scrappage scheme has put the car industry on track to meet the EU target of 130g/km of CO2 by 2012. According to publisher Jay Nagley, the achievement should send a message to the entire car industry. “It Tags: Green cars Latest news Toyota clean green cars falling CO2 levels scrappage scheme Toyota Prius.
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. This is little more than a panicked way of propping up the industry as, given time; those cashing in the grants would most likely have bought the new car anyway.
Green Car Congress
FEBRUARY 3, 2015
in 2014 as a result of industrial overcapacity and weakness in the real estate sector. million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. million) below the market level recorded in 2012. million units.
Green Cars News
JUNE 26, 2009
Since the introduction of Britain’s vehicle scrappage scheme, everything appears rosy for the country’s automotive industry once more. Environmentalists have dubbed the vehicle scrappage scheme “a bailout masquerading as a green initiative” and have slammed the Government for failing to tie the initiative to green cars.
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