Remove Auto Remove Auto Industry Remove Scrappage Remove Tax
article thumbnail

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. Leave a comment with your thoughts.

article thumbnail

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. If they and stakeholders are unable to reach an agreement, we can’t justify additional tax dollars to keep Chrysler in business. Earlier post.). President Obama.

Obama 150
article thumbnail

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

Green Car Congress

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. from last year.

2015 150