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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. million (1.5 percent) since last year. years through 2015, then rise to 11.5

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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Earlier post.). Specific requirements can vary greatly.

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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. These payments vastly outstrip the estimated $500 a car it would cost to increase fuel economy by 10 per cent for all vehicles on the assembly line. What do you think of these proposals and the scrappage scheme in general?

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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. Reflecting consumer concerns about the general economy, small cars reached a market share of 44.9% In Austria, production went down by 69.2%.

2009 150
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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). evolutionary thinking.

Fleet 218
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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
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It is good to be small as auto market stumbles

Green Cars News

As automotive production in Europe falls by a whopping 35 per cent, small cars have reached a new record high market share reflecting consumer concerns about the general economy and the environment.

Market 39