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Mayor of London expanding Ultra Low Emission Zone London-wide; new £110M scrappage scheme

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Euro 6 for diesel cars and vans (widely available since 2016). The expansion will be accompanied by a new £110-million (US$133-million) scrappage scheme to support Londoners on lower incomes, disabled Londoners, charities and small businesses and sole traders. Euro 3 for motorcycles and mopeds (widely available since 2007). Source TfL.

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

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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. The average age of electric vehicles in the US is 3.9

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

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IHS analysts are also looking ahead to 2016 and still expect some growth in light vehicle sales next year, though just about 3 percent, to 24.2 IHS also expects less of a correction in dealer inventories in 2016, which is exaggerating the current wholesale vehicle sales decline. million units. million in 2018.

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European car registrations drop 7.1% in April, diesel down 15%, SUVs continue to grow

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when compared to April 2016 and the largest monthly decline seen since March 2013, according to JATO Dynamics. Diesel vehicles witnessed a 15% decline in registrations; diesel accounted for just 46% of the market in April 2017, compared to its 50% market share in April 2016. European car registrations totalled 1.22

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Mayor of London floats action plan to reduce city’s air pollution

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The public has until 29 July 2016 to provide feed back on the first round of the Clean Air Plan consultation. Developing a detailed proposal for a national diesel scrappage scheme for the UK Government to implement. A more detailed consultation will take place later this year and some measures could be implemented as early as 2017.

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Volkswagen to offer incentive in Germany of up to €10,000 to scrap Euro 1-4 diesels

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These incentives are available independently from the state purchasing incentive for electric vehicles introduced in July 2016, which customers can claim in addition. That corresponds to the scrappage incentive paid in 2009, without the state subsidy. Natural gas.

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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

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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. years in 2016 but not reach 11.7 until 2018.

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