Proposed scrappage scheme meets criticism

Green Cars News

The scrappage scheme is only a few days old here in the UK and it has already come under fire. In Germany the credit has enticed customers to buy vehicles such as the Ford Ka, which achieves up to 56mpg, because it is part of a larger government plan that also includes tax based on carbon emissions. What do you think of these proposals and the scrappage scheme in general? Tags: Green cars Latest news cash for clunkers scrappage scheme

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

Green Car Congress

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. Improving credit conditions throughout the region and sustained, but tenuous, economic growth among the countries in the region have helped to motivate total auto sales levels. IHS Automotive forecasts global automotive sales for 2015 to reach 88.6

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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

In his short address, the President confirmed details that had emerged over the weekend about the next steps for the two auto makers. Members of the Presidential Task Force on the Auto Industry will work with GM on the new, more stringent, plan, the President said, who also noted the resignation of GM CEO Rick Wagoner as an outcome of the process. If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business.

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