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Beijing Wont Restrict Auto Purchases to Deal With Growing Congestion

Green Car Congress

According to the Beijing Municipal Commission of Development and Reform, the city will not take administrative measures to restrain residents from buying automobiles in order to deal with the growing congestion resulting from the increasing size of the city vehicle parc. People’s Daily.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

Out have gone the coffee before work each morning, the weekend nights out, and the rush to buy the hot new DVD releases; in has been a new, thrifty way of living. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs.

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When Will EVs Hit Primetime?

Revenge of the Electric Car

billion invested in 180 green-technology companies. Despite a surge in interest, electric cars may remain niche products in the world’s two largest auto markets. billion invested in 180 green-technology companies worldwide in the first quarter of 2010, according to a study by the Cleantech Group and Deloitte.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. This will not alleviate the entire liquidity problem, but it will buy some time for the suppliers to formulate the consolidation plans. The Role of the OEMs. Laura Marcero

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The Race to Plug-In Hybrids Is On

Green Cars News

The new administration’s stimulus package allots $2B for advanced batteries, $300M for federal and states fleets to buy new clean fuel vehicles and $7,500 tax rebate for PHEV, with yet more money in the Auto-Industry Re-tooling fund. No on has a lock on this future; everything is up for grabs.

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